Investments Archive

Investors Battle Over Valuable Soul of the South License

by George Waldon 4/4/2016 12:00 am

A schism among Soul of the South investors has erupted into a lawsuit over control of the venture's most valuable asset: the broadcast license for KMYA-TV, Channel 49.

Fox Ridge Pair Combine For $46M Transaction (Real Deals)

by George Waldon 4/4/2016 12:00 am

Two Fox Ridge assisted living centers in Pulaski County generated eight-digit transactions, and a 2,200-SF Taco Bell in North Little Rock served up a $1.88 million sale.

Don McDonald Certified as Private Wealth Advisor (Movers & Shakers)

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

Don McDonald of Merrill Lynch's Fort Smith office has earned the Certified Private Wealth Advisor designation from the Investment Management Consultants Association.

Roger Jenkins' Pay Rises as Others' Fall at Murphy Oil

by Kyle Massey 3/29/2016 11:49 am

Murphy Oil Corp. CEO Roger Jenkins received $14 million in total compensation despite a salary freeze and no bonus.

Stephen K. Parks' Coal Tax-Credit Scam a Deep, Dark Pit

by Mark Friedman 3/28/2016 12:00 am

Pleading guilty to a coal tax-credit scheme and entering federal prison last year didn't settle the legal issues surrounding Little Rock businessman Stephen K. Parks.

Stephen Parks' Failed Attempt to Become a Coal King

by Mark Friedman 3/28/2016 12:00 am

2013 was supposed to be a banner year for Little Rock businessman Stephen K. Parks' coal businesses, but things were falling apart even before the year arrived.

Whisenhunt's $19M Cash Bet In Northwest Arkansas Pays Off

by Marty Cook 3/28/2016 12:00 am

In March 2012, Joe Whisenhunt placed a $19 million bet on northwest Arkansas and, four years later, it's looking like a winner.

Pulaski County Commercial Real Estate Deals Top $641M

by George Waldon 3/28/2016 12:00 am

The dollar total of $1 million-plus commercial real estate transactions in Pulaski County grew by 7 percent during 2015. Eight of the 25 largest commercial real estate deals in Washington County centered on apartments during 2015, and two more transactions involved land bought for multifamily development.

WLR Dealership Combo Generates $10.3M Sale (Real Deals)

by George Waldon 3/28/2016 12:00 am

MAG-AR I Colonel Glenn LLC, led by Mark McLarty, purchased the 17,690-SF North Point Nissan facility at 1 Col. Glenn Plaza Drive. MAG-AR 6030 Landers Road LLC, another McLarty Auto Group affiliate, bought the 18,130-SF North Point Mazda facility at 6030 Landers Road in North Little Rock for $2.8 million.

Fayetteville's Garden Park Apartments Fetch $17.6 Million (NWA Real Deals)

by Marty Cook 3/28/2016 12:00 am

Fayetteville's Garden Park Apartments sold to California investors for $17.6 million.

A Checklist for Buying Real Property (Cliff McKinney Expert Advice)

by Cliff McKinney 3/28/2016 12:00 am

No one buys a car without researching it — looking up facts from the maker, reading reviews, test driving, etc. In other words, a car buyer does his or her due diligence before making a purchase. The same concept applies for real estate, only on a much larger scale because of the high price of real estate and complicated issues.

Ramsay Ball on How NWA Land Game Has Changed in Past Decade

by Arkansas Business Staff 3/28/2016 12:00 am

Ramsay Ball, 58, worked in Little Rock real estate for 20 years before relocating to northwest Arkansas in 2004. He is now an executive broker for Colliers International in Bentonville. This week, he talks to Arkansas Business about the state of the northwest Arkansas commercial real estate market.

Wal-Mart Jumps into Milk Processing; Dean Foods' Stock Sinks

by Nathan Layne, Reuters 3/23/2016 07:36 am

Wal-Mart Stores Inc. of Bentonville said it will build a dairy processing plant in Indiana to supply private-label milk to about 600 stores — the retailer's sole foray into food processing in the U.S.

The Paradox of Optimism (Gwen Moritz Editor's Note)

by Gwen Moritz 3/21/2016 12:00 am

An analysis by national correspondent Ryan Cooper for TheWeek.com declared the 401(k) system to be “a blight on the face of the American republic.” That's the kind of over-the-top headline that is click-bait these days, but when you look at the numbers, the only conclusion one can reach is that a disaster is looming — even if we blame operator error rather than the system itself.

Roger Collins on Allowing Employees To Pull the Strings at Harps

by Arkansas Business Staff 3/21/2016 12:00 am

Roger Collins became president and CEO of Harps Food Stores in 2000 and has expanded the store count to 78 in Arkansas, Oklahoma and Missouri. He was also instrumental in selling the company to the employee stock ownership plan 15 years ago.

Arkansas Business Presents The Power List 2016

by Gwen Moritz 3/21/2016 12:00 am

The total number on our list this time is 179, but our goal has never been a particular number. Our goal is to give readers a resource to help navigate the leadership of the largest companies or institutions in the individual industries. And some industries have broader bases than others.

Murphy USA CEO Andrew Clyde Sees Pay Boost in 2015

by Kyle Massey 3/17/2016 11:00 am

Stock awards lifted the pay of Murphy USA Inc. CEO Andrew Clyde in 2015, raising his total compensation to $5.6 million, about a half-million dollars more than he earned in 2014.

Proxy Shows Compensation Boost for George Makris in 2015

by George Waldon 3/17/2016 10:49 am

The annual compensation of the top executive at Simmons First National Corp. of Pine Bluff doubled last year, according to the company's proxy statement, filed Monday.

Challenges for Dillard's, and Others at the Mall

by Mark Friedman 3/14/2016 12:00 am

Dillard's Inc. has had some tough times lately. The Little Rock retail chain's stock price, which peaked above $140 last April, was trading in the high $80s last week — having rebounded from $61 in early January.

Arkansas Surgical Hospital Registers $56.6 Million Sale (Real Deals)

by George Waldon 3/14/2016 12:00 am

Broadstone Ash Arkansas LLC, an affiliate of Broadstone Real Estate of Rochester, New York, bought the Arkansas Surgical Hospital at 5201 Northshore Drive.