Banking & Finance Archive

Presenting the 18 Most Expensive Home Sales in Northwest Arkansas

by Gwen Moritz 6/1/2015 12:00 am

A list of seven-digit home sales in the northwest corner of the state, Benton and Washington counties.

14 Most Expensive Home Sales of 2014 in Pulaski County

by Mark Friedman 6/1/2015 12:00 am

Seven-figure home sales in Pulaski County remained flat in 2014. During the year, 14 homes sold for $1 million or more, the same figure as in 2013. But 2015 could see more $1 million homes sold.

Half of WLR Warehouse Draws $3.8 Million Sale (Real Deals)

by George Waldon 6/1/2015 12:00 am

The sale of a 50 percent stake in Shackleford Corporate Center, a 177,650-SF warehouse project in west Little Rock, weighed in at $3.8 million.

Central Arkansas Industrial Vacancy Rate Declines

by Arkansas Business Staff 6/1/2015 12:00 am

The vacancy rate for industrial space in central Arkansas, which remained relatively stable during 2014, declined to 10.8 percent in the first quarter of 2015 compared with 11.8 percent both in the previous quarter, fourth-quarter 2014, and the year-earlier quarter, first-quarter 2014.

Arkansas Unemployment Rate Rises to 5.7 Percent in April

by Alexis Hosticka 5/27/2015 08:43 am

Arkansas' unemployment rate ticked up one-tenth of percentage point from March, coming in at 5.7 percent in April, according to a report Wednesday by the state Department of Workforce Servics.

Farmland, Retail Property Highlight Recent Million-Dollar Deals in Lonoke County

by Arkansas Business Staff 5/25/2015 12:00 am

Farmland in south-central Lonoke County and a 6.7-acre office-retail development in Cabot compose our tandem of million-dollar transactions.

Contractor Lewis May Resolves One Lawsuit, Faces Others

by Arkansas Business Staff 5/25/2015 12:00 am

Embattled Little Rock general contractor Lewis May agreed last week to pay a $3.38 million judgment.

Courtney Little Assumes Role as CareLink Chairman (Movers & Shakers)

by Arkansas Business Staff 5/25/2015 12:00 am

Courtney Little, president of ACE Glass Construction in Little Rock, has been named chairman of the CareLink board of directors. He replaces Stacey Duckett, who died in March.

Familiar Face Leads Bank of the Ozarks In Carolinas

by George Waldon 5/25/2015 12:00 am

What began in 2001 as a one-woman loan production office in Charlotte, North Carolina, has blossomed into a leading franchise for Little Rock's Bank of the Ozarks.

Future of Allied Bank Could Be Decided by June Ruling in Acme Case

by George Waldon 5/25/2015 12:00 am

Three of the largest creditors of Acme Holding Co. recently submitted briefs in support of converting the bank holding company's Chapter 11 reorganization to Chapter 7 liquidation.

Wal-Mart Closes on Land for New Fayetteville Store (NWA Real Deals)

by Marty Cook 5/25/2015 12:00 am

Wal-Mart Stores Inc. closed on a 6.1-acre property in south Fayetteville where the company plans to build a Neighborhood Market.

Vantage Point Apartments Attracts $11 Million Sale (Real Deals)

by George Waldon 5/25/2015 12:00 am

A 228-unit apartment complex in Little Rock's Riverdale area tipped the scales at $11 million.

Big Companies, Big Revenue: 75 Largest Private Companies in Arkansas Bring In $32.8B

by Gwen Moritz 5/25/2015 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $32.8 billion in their most recent fiscal years, up nearly 7 percent in a year.

Arkansas Business Hall of Fame Seeks Nominations

by Arkansas Business Staff 5/21/2015 11:01 am

The selection committee for the Arkansas Business Hall of Fame is now accepting nominations for the 2016 class of inductees.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 02:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.

Gleason: Record Loan Growth, Other Factors Boosted Bank of the Ozarks

by George Waldon 5/18/2015 03:15 pm

Record growth in loans, unfunded loans and deposits helped return Bank of the Ozarks to its familiar road of record earnings. The company held its annual shareholders meeting Monday at the corporate headquarters in west Little Rock.

Affiliated Foods Bankruptcy Case Lingers with U.S. Bank Lawsuit

by Arkansas Business Staff 5/18/2015 12:00 am

Earlier this month, Affiliated Foods Southwest Inc. entered its seventh year in bankruptcy court. Affiliated Foods, once one of the state's largest private companies, reported $47.6 million in assets and $101.5 million in debt — $62.5 million of it unsecured — when it filed for bankruptcy on May 5, 2009.

Kim Kirkman Moves Up at Harding's American Studies Insitute (Movers & Shakers)

by Arkansas Business Staff 5/18/2015 12:00 am

Kim Kirkman has been named associate executive director of the American Studies Institute at Harding University in Searcy, replacing Bob Reely, who has held the position for 26 years.

Concerns Voiced About Red Alert Proposal in John Rogers Case

by George Waldon 5/18/2015 12:00 am

The $28 million cash offer to acquire the photo archives and sports memorabilia assets once owned by John Rogers has drawn objections and cautionary filings.

TPA Promotes Job Creation (Randy Zook Commentary)

by Randy Zook 5/18/2015 12:00 am

Congress faces an important choice in the months ahead as it considers a bill to renew Trade Promotion Authority. TPA is vital because economic growth and job creation at home depend on our ability to sell American goods and services to the 95 percent of the world's customers living outside the United States.

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