Investments Archive

Bear State Financial: 2Q Net Income Up 80 Percent

by Lance Turner 7/21/2016 10:40 am

Bear State Financial Inc. of Little Rock reports second-quarter net income of $4.5 million, up 80 percent from the same quarter last year.

College Marketplace in Fayetteville Sells For $23M

by Marty Cook 7/21/2016 10:11 am

A California real estate investor paid more than $23 million for College Marketplace in Fayetteville, the five-acre shopping center that is anchored by Whole Foods Market at 3425 N. College Ave.

Home BancShares 2Q Net Income Up 28 Percent to New Record

by Lance Turner 7/21/2016 07:09 am

Home BancShares Inc. of Conway reports second-quarter net income of $43.5 million, up 28 percent from the same quarter last year.

Simmons First 2Q Net Income Up 14 Percent

by Lance Turner 7/21/2016 07:00 am

Simmons First National Corp. of Pine Bluff announces second-quarter net income of $22.9 million, up 14 percent from the same quarter last year, as the company continued to integrate recent acquisitions.

Wall Street Journal: Bank of the Ozarks Fills Loan Void in Big Markets

by Lance Turner 7/20/2016 10:33 am

The Wall Street Journal today takes a look at Bank of the Ozarks Inc. of Little Rock, which it says is filling a loan void in big markets like New York and Houston.

Towne Oaks Apartments Combo Sold in $10 Million Deal

by Arkansas Business Staff 7/18/2016 12:00 am

This week's installment of multimillion-dollar real estate transactions features seven west Little Rock properties.

Wichita Bank Buys Community First Bancshares in $69M Deal

by Lance Turner 7/15/2016 08:43 am

Equity Bancshares Inc. of Wichita said Thursday that it had agreed to purchase all outstanding shares of Community First Bancshares Inc. of Harrison in a deal worth about $69 million. The deal will require Community First to dispose of its $8.2 million ownership interest in White River Bancshares Inc. of Fayetteville, which controls Signature Bank of Arkansas and the Bank of Brinkley.

CapRocq Buys $8M Mission Corporate Centre in Kansas

by Arkansas Business Staff 7/14/2016 09:49 am

CapRocq Core 2, an Arkansas-based real estate partnership, this week announced an $8 million investment in the Mission Corporate Centre in Mission, Kansas, a suburb of Kansas City, Missouri.

2 Batesville Hotels Sell for $6.9M, Renovations Planned

by Arkansas Business Staff 7/13/2016 04:12 pm

Two hotels in Batesville sold for a combined $6.9 million in May to JJ Global LLC and Hotel Investments Ltd. Liability Co., HotelBrokerOne announced Wednesday.

Bank of the Ozarks Reports Record 2Q Net Income

by Arkansas Business Staff 7/11/2016 06:56 am

Bank of the Ozarks Inc. of Little Rock on Monday announced record second quarter net income of $54.5 million, up nearly 22 percent increase from the same quarter last year.

Feature Film 'Antiquities' To Begin Filming This Fall

by Arkansas Business Staff 7/11/2016 12:00 am

“Antiquities,” a feature film written by Arkansas' Graham Gordy and directed by Arkansan Daniel Campbell will start shooting this fall in Arkansas. directed by Arkansan Daniel Campbell, who also co-wrote the movie, is expected to have a 28-day shooting schedule and be finished by the end of the year.

A Builder With a Goal: Mark Zweig Raring To Remake Fayetteville

by Marty Cook 7/11/2016 12:00 am

Mark Zweig made his building bones buying up single-family residences and rebuilding or renovating them into high-priced classical homes. That was simple compared to building commercially.

Canceled Thunder on the Mountain Music Festival Leads to Lawsuits

by Mark Friedman 7/11/2016 12:00 am

The canceled Thunder on the Mountain music event, planned for near Ozark, has led to dueling lawsuits and a class-action claim on behalf of ticket holders.

CJRW Marks a Year as a Main Street Mainstay

by Kyle Massey 7/11/2016 12:00 am

When Mark Raines peeked inside the Fulk Building a couple of years ago, he couldn't believe CJRW was considering it as a future home. The historic building at Main and Third streets in Little Rock had long been the home of Bennett's Military Supplies.

Rebel Kettle, Just Opened, Plans to Grow

by Jan Cottingham 7/11/2016 12:00 am

Only three months after opening Rebel Kettle Brewing in east Little Rock on March 21, co-owner Jason Polk is thinking about enlarging the kitchen of the microbrewery/restaurant.

Amber Crouch To Lead Crews & Associates Compliance Team (Movers & Shakers)

by Arkansas Business Staff 7/11/2016 12:00 am

Amber Crouch recently joined the compliance team at Crews & Associates Inc. of Little Rock as the new senior compliance officer.

Ellis Arnold on Hendrix College's Special Bonds with Alumni

by Arkansas Business Staff 7/11/2016 12:00 am

W. Ellis Arnold III is the senior executive vice president, general counsel and dean of advancement for Hendrix College in Conway. In addition to those roles, Arnold also serves as CEO of The Village at Hendrix LLC, a new urbanist community adjacent to the college.

Hot Springs Officials Contemplate Future of Arlington Hotel

by Arkansas Business Staff 7/4/2016 12:00 am

At the beginning of last week, a major meeting had been scheduled for public and private interests concerned about the deterioration of the 480-room, nearly 400,000-SF building. Within a couple of days, all of that had been scratched.

Little Rock's Haybar Heads to NWA for Auction Experiment

by Arkansas Business Staff 7/4/2016 12:00 am

Lauren Frederick of Little Rock's Haybar Real Estate is optimistic the group will find success with the sale of a Bentonville office building it has put up for auction July 1.

Health Care in Northwest Arkansas Responds to Growth

by Marty Cook 7/4/2016 12:00 am

Eric Pianalto, president of Mercy Northwest Arkansas, says big investments, such as the one his hospital is making, are critical if health care providers are going to have any hope of keeping up with the demands of the region.