Investments Archive

McCain Motel 6, Heights Home Top Recent Million-Dollar Deals

by Arkansas Business Staff 9/4/2017 12:00 am

The sale of a 121-room hotel in North Little Rock and a mansion in Little Rock's Country Club Heights neighborhood both topped the $1 million mark.

More Properties Sold Near I-30 in Downtown Little Rock

by Arkansas Business Staff 9/4/2017 12:00 am

Rusty Thompson purchased three parcels along East Ninth Street from the Schlereth Family LLC, led by John Schlereth.

AEDC's Program for Minority Firms Extends Its Mission

by Kyle Massey 9/4/2017 12:00 am

The Arkansas Economic Development Commission's online directory of minority-owned firms now lists some 275 certified companies, and Pat Brown's team is busy certifying women-owned businesses.

Summit House Receives $10.7M Owner Change (Real Deals)

by George Waldon 9/4/2017 12:00 am

An affiliate of DavisRE in Dallas bought the 165-unit high-rise apartment project in midtown Little Rock.

Company Buys 60 Homes in North Little Rock

by Sarah Campbell-Miller 9/1/2017 11:53 am

Sixty residential properties in North Little Rock have sold for $800,000.

Simmons Bank Becomes Sole Shareholder of Heartland Bank

by Gwen Moritz 8/28/2017 04:29 pm

Simmons Bank of Pine Bluff is the successful bidder for the capital stock of Heartland Bank of Little Rock, which was auctioned Monday morning.

Deltic Timber Says Strategic Review Continues

by Lance Turner 8/28/2017 11:44 am

Amid mounting pressure from a shareholder, Deltic Timber Corp. of El Dorado said Monday that it is continuing a review of "strategic alternatives" but did not set a timetable for completing it.

Witt Stephens Jr. Snags Georgia Plantation

by Arkansas Business Staff 8/28/2017 12:00 am

Witt Stephens Jr. has bought Blue Springs Plantation, paying $40 million for the 7,235 acres in Baker and Dougherty counties in south Georgia near Albany.

Are You Paying Attention? (Gwen Moritz Editor's Note)

by Gwen Moritz 8/28/2017 12:00 am

The Pew Charitable Foundation, a national treasure, released new data earlier this year that underscores just how precarious household finances are for a huge number of Americans. Six in 10 households had experienced a financial shock in the previous year and more than half worry about their personal finances.

From Bathhouse to Hotel, Hot Springs' Hale to Be Reborn

by Jan Cottingham 8/28/2017 12:00 am

In the 32 years since they moved to Hot Springs, Pat and Ellen McCabe have seen the transformation of downtown Hot Springs. Now, with the couple's repurposing of the Hale Bathhouse into a boutique hotel, they'll be directly participating in that transformation.

Cancer Tests Cheaper, Quicker With Tech

by Sarah Campbell-Miller 8/28/2017 12:00 am

Stage I Diagnostics Inc. of Little Rock has announced a partnership with Leinco Technologies of St. Louis that will generate faster and more affordable results for blood tests that can detect ovarian and prostate cancer in their earliest forms.

Petsmart Property Draws $2.7 Million Transaction (Real Deals)

by George Waldon 8/28/2017 12:00 am

Arkansas Specialty Partners LLC, led by Dr. James Tucker, bought the Petsmart-Concentra project at 3470-80 Landers Road from the Horwitz-Bradley Revocable Living Trust of Los Angeles.

James at the Mill Sells for $4.2 Million (NWA Real Deals)

by Marty Cook 8/28/2017 12:00 am

Chef Miles James and his wife, Courtney, sold the 10,000-SF restaurant and the 46-room inn that he opened 23 years ago to Johnson Mills Ventures LLC, led by Jesse Burkes and John Stewart.

Aaron Sutterfield Moves to Stone Bank (Movers & Shakers)

by Arkansas Business Staff 8/28/2017 12:00 am

Aaron Sutterfield has joined Stone Bank in Mountain View as a lending officer.

Fed, State Bank Board OK Home BancShares' Stonegate Bank Deal

by Arkansas Business Staff 8/22/2017 03:17 pm

Home BancShares Inc. of Conway says its previously announced merger with Stonegate Bank of Pompano Beach, Florida, received approval from the Federal Reserve Board and the Arkansas State Bank Board.

Update: Arvest to Buy Bear State Bank in $391M All-Cash Deal

by Gwen Moritz and Lance Turner 8/22/2017 09:12 am

Arvest Bank will acquire Bear State Bank in an all-cash transaction valued at about $391 million, or $10.28 per share of Bear State common stock.

Regions Center Owners Say Management Stayed Mum on Purchase Offer

by Arkansas Business Staff 8/21/2017 12:00 am

The owners of the 30-story Regions Center are blaming their management company for missing out on a $46.5 million offer from a Nebraska company to buy the tower.

NLR's Wilmington Apartments Gets 3rd Owner in 3 Years

by Arkansas Business Staff 8/21/2017 12:00 am

A Canadian concern made its third apartment buy in Pulaski County this summer to lead off five multimillion-dollar real estate transactions.

Mortuus Pater Pictures Seeks Investors for Comedy Pilot

by Arkansas Business Staff 8/21/2017 12:00 am

Mortuus Pater Pictures, the Little Rock startup movie company that recently completed the comedy “Antiquities,” is preparing for another production.

The Influencers: George Makris of Simmons First National Corp.

by Gwen Moritz 8/21/2017 12:00 am

Simmons First National Corp. CEO George Makris still doesn't consider himself much of a banker, but he's a fast learner.

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