Bank OREO Adds Up In Washington County

by George Waldon on Monday, Jan. 27, 2014 12:00 am

Washington County properties still held as "other real estate owned" by publicly traded Arkansas banks include (from left) the All Star Sports Arena in Springdale, an 11,000-SF home on Lovers Lane in Fayetteville and six ranch-style condominiums and 82 lots in The Pines at Springwoods, also in Fayetteville.

The roster of land, homes and buildings in Washington County recovered from bad loans (known as Other Real Estate Owned) has shrunk for some and grown for others through acquisition.