Investments Archive

Brooklyn Investors Buy Local Apartment Complexes

by Arkansas Business Staff 9/29/2014 12:00 am

An investment group from Brooklyn, New York, acquired two Pulaski County apartment projects in deals totaling almost $8.5 million.

FDIC Sues Members of Acme's Golden Family over Unpaid Loans

by Arkansas Business Staff 9/29/2014 12:00 am

The president of Allied Bank's Acme Holding Co. and his sister are the subjects of federal lawsuits. The Federal Deposit Insurance Corp. sued Alex Golden and Amy Golden McCay in U.S. District Court in Atlanta over delinquent loans totaling more than $1 million.

Forrest City Financial Poised to Sell For $2.7M

by George Waldon 9/29/2014 12:00 am

The countdown to the $2.75 million sale of Forrest City Financial Corp. is nearing zero. The purchase by Cross County Bancshares Inc. of Wynne should close in October when the final regulatory approvals are expected, according to David Dowd, president and CEO of CCBI.

Commercial Property Filling Up in Northwest Arkansas

by Marty Cook 9/29/2014 12:00 am

Experts think the commercial real estate market in northwest Arkansas is returning to normal; those who make their living in the industry agree. And they like the new normal.

Otter Creek Mall Development Decades in the Making

by George Waldon 9/29/2014 12:00 am

Once upon a time, the current site of the Gateway Town Center and Bass Pro developments was slated to be part of a grand 1.1 million-SF regional mall development. The fabled Otter Creek Mall never achieved escape velocity from its drawing board concept unveiled on April Fool's Day in 1980.

Community Bankers Group Responds to Wal-Mart's GoBank Checking Accounts

by Lance Turner 9/25/2014 11:05 am

We've reported how banks have cast a wary eye at Wal-Mart's ever-expanding foray into financial services. The retailer unveiled its latest move yesterday: a mobile checking account produced in partnership with Green Dot called GoBank.

State Investment Helps Movista Continue Growth

by Mark Carter 9/25/2014 10:44 am

The firm's growth was bolstered by an $82,000 investment from the Arkansas Science & Technology Authority's Seed Capital Investment Program. That investment preceded a $550,000 funding round.

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

UALR to Offer Weekend MBA Program

by Arkansas Business Staff 9/23/2014 11:06 am

The University of Arkansas at Little Rock has a new degree option coming in January to its College of Business: The weekend Master of Business Administration with a healthcare focus.

Gary Enzor Joins USA Truck Board of Directors

by Lance Turner 9/22/2014 10:37 am

USA Truck Inc. of Van Buren says Gary R. Enzor has joined its board of directors.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

Hope for Tomorrow (Gwen Moritz Editor's Note)

by Gwen Moritz 9/22/2014 12:00 am

Yes, I know that a college degree still pays for itself over time, but that's cold comfort to a 22-year-old who faces a monstrous debt as soon as he picks up his diploma. Debt always limits options — always — and it isn't uncommon for college debt to limit a person's options for 15 or even 20 years.

ARK Challenge: Eatiply Founder Not Your Typical Young Entrepreneur

by Mark Carter 9/16/2014 10:32 am

David Woodbury isn't typical of the young entrepreneurs you'll find at startup accelerators like the ARK Challenge. Woodbury moved his family from their native Minneapolis to Little Rock to compete in the ARK and grow LinkedCause, which had already launched the TOMS Shoes-inspired Eatiply campaign.

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

Simmons First Trust to Buy Talbot Capital Management

by Arkansas Business Staff 9/12/2014 03:24 pm

Simmons First Trust Co. said Friday that it has agreed to purchase Talbot Capital Management Inc. of Pine Bluff for an undisclosed price.

Windstream Adds William LaPerch, Michael Stoltz to Board

by Arkansas Business Staff 9/9/2014 10:05 am

Windstream Holdings Inc. of Little Rock on Tuesday announced the appointments of William LaPerch, the former president and CEO of AboveNet Communications Inc., and Michael Stoltz, a former audit partner with Ernst & Young, to its board of directors.

First Arkansas Bank Sues NLR Businessman John Rogers for $14.2M

by George Waldon 9/8/2014 01:46 pm

First Arkansas Bank & Trust has sued to collect $14.2 million from North Little Rock businessman John Rogers. Meanwhile, Rogers is no longer involved in day-to-day operations of the photo archive and sports memorabilia venture and hasn't been for more than six months, according to Mac Hogan, who's now running the business.

Josh Moody's Overwatch Headed to San Francisco for TechCrunch 'Disrupt'

by Mark Carter 9/5/2014 10:53 am

Innovate Arkansas client firm and ARK Challenge alumni startup Overwatch will participate in the prominent national tech conference TechCrunch Disrupt next week in San Francisco.

ARK Challenge Hosts Early Demo Day for NWA Teams

by Mark Carter 9/4/2014 02:35 pm

The "lean and mean" theme adopted for the third installment of the ARK Challenge carried over to the startup accelerator program's Demo Day, held Thursday in the Great Hall at the Crystal Bridges Museum of American Art in Bentonville.

Have It Your Way, Eh? (Robert Coon On Politics)

by Robert Coon 9/3/2014 02:52 pm

The recent announcement by Burger King Corp. that it would be merging with Canadian donut and coffee chain Tim Hortons and “domiciling” the combined company in Canada has reignited the debate over corporate tax inversions.