Real Estate Archive

ProLand Title Buys Arkansas County Title of Stuttgart

by Arkansas Business Staff 10/31/2014 11:30 am

Title and abstract firm ProLand Title Company said Friday that it has purchased the assets of Arkansas County Title Company Inc. of Stuttgart.

Report: Arkansas Home Sales Up 7 Percent in September

by Mark Carter 10/31/2014 10:17 am

Arkansas home sales rose more than 7 percent in September compared to the same month last year, according to a report released Friday by the Arkansas Realtors Association.

Dennis Smiley's Wife Cynthia Files Chapter 7 Bankruptcy

by Lance Turner 10/29/2014 11:38 am

Cynthia Smiley, the wife of former Arvest Bank executive Dennis Smiley Jr., filed Chapter 7 bankruptcy on Thursday, listing $2.3 million in debts and $34,000 in assets.

Brandon Barber Sentenced to 65 Months in Prison for Fraud, Money Laundering

by Marty Cook 10/28/2014 01:08 pm

Brandon Barber, a former northwest Arkansas developer, was sentenced Tuesday in federal court to 65 months in prison for bank fraud and money laundering. "More than a half-decade ago, I made bad decisions based on my selfishness and pride," Barber told Judge P.K. Holmes. "I failed those who loved and trusted me the most."

McClelland Consulting Makes In-House Moves (Movers & Shakers)

by Arkansas Business Staff 10/27/2014 12:00 am

Adam Triche, a project engineer in the Little Rock office of McClelland Consulting Engineers Inc., has been promoted to partner effective Feb. 1, 2015, one of six new moves made at the firm.

Crittenden Regional Hospital Assets Go Up for Sale

by Arkansas Business Staff 10/27/2014 12:00 am

U.S. Bankruptcy Judge Audrey Evans has signed off on hiring an auctioneer to sell some assets of Crittenden Regional Hospital.

Red Lobster Leads Trio of Seven-Digit Deals

by Arkansas Business Staff 10/27/2014 12:00 am

Seafood restaurants, a bank branch in North Little Rock and land for a gated apartment project in west Little Rock assembled this week to form a quartet of million-dollar transactions.

Weyerhaeuser CEO Doyle R. Simons Says Housing Stats On Path Out of the Woods

by Arkansas Business Staff 10/27/2014 12:00 am

Simons has been a director of Weyerhaeuser since June 2012. He was chairman and CEO of Temple-Inland Inc. from 2008 to February 2012, when it was acquired by International Paper. He held various management positions with Temple-Inland, including executive vice president from 2005 to 2007 and chief administrative officer from 2003 to 2005. Before joining Temple-Inland in 1992, he practiced real estate and banking law with Hutcheson & Grundy LLP of Houston.

Heartland Bank Finds New HQ in The Heights

by George Waldon 10/27/2014 12:00 am

The 922-SF leased facility at 5100 Kavanaugh Blvd. in the Heights area is likely the smallest bank HQ in all of Arkansas.

Windstream Transaction Adds Up to $8.6 Million (Real Deals)

by George Waldon 10/27/2014 12:00 am

A 30,400-SF data center shifted ownership in a sale-leaseback transaction valued at $8.6 million, and land for a future bank branch development in the Heights area of Little Rock tipped the scales at $2.2 million.

First National Bank of Paragould Gains Northwest Arkansas Presence (NWA Real Deals)

by Marty Cook 10/27/2014 12:00 am

First Paragould Bankshares Inc. closed on its acquisition of five former Metropolitan National Bank branches in northwest Arkansas.

New Shipping Law More Miss Than Hit, Arkansas Wine Producers Say

by Marty Cook 10/27/2014 12:00 am

Arkansas' wine producers said Act 483, which went into effect in August 2013, puts the state wineries at a competitive disadvantage to out-of-state shippers. The Alcoholic Beverage Control Administration said 114 permits have been issued to allow shipping to Arkansas consumers, but only two permits have been given to a state winery.

Crye-Leike Adopts New Safety Rules After Beverly Carter Death

by Lance Turner 10/23/2014 10:18 am

The death of real estate agent Beverly Carter has prompted her former employer, Crye-Leike Realtors, to adopt new safety standards for its agents.

Deltic Timber 3Q Profit Sees Slight Bump

by Jan Cottingham 10/22/2014 04:56 pm

Deltic Timber Corp. of El Dorado announces an increase in net income in third-quarter 2014 to $6 million compared with $5.9 million in third-quarter 2013.

Thomas Longe Appointed to Home BancShares Board of Directors

by Arkansas Business Staff 10/21/2014 04:38 pm

Home BancShares Inc. of Conway, the parent company Centennial Bank of Conway, has appointed Thomas J. Longe to its board of directors.

Arkansas Unemployment Rate Falls to 6.2 Percent in September

by Lee Hogan 10/21/2014 09:25 am

Arkansas' unemployment rate dropped one-tenth of a percentage point from August to 6.2 percent in September, according to data released by the state Department of Workforce Services on Tuesday.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year.

Top College Officials See Sizable Pay Raises

by Mark Friedman 10/20/2014 12:00 am

Arkansas Business reviewed the Administrator's Compensation Survey reports filed with the state Department of Higher Education for the 2010 and 2014 fiscal years. In the four-year period, the number of six-figure employees included in the report increased from 460 to 703.

One Bank Takes Claims Against David Crews to Federal Bankruptcy Court

by Arkansas Business Staff 10/20/2014 12:00 am

The financial tiff between David Crews and Little Rock's One Bank & Trust has shifted venues from Pulaski County Circuit Court to U.S. Bankruptcy Court.

Baptist Health Struck With Buyer's Remorse Over WLR School Deal

by Arkansas Business Staff 10/20/2014 12:00 am

The 121,211-SF facility was repurchased for $8.5 million last month from BCP-Colonel Glenn LLC, whose ownership includes Sam Alley, secretary-treasurer of the Baptist Health Foundation Board of Trustees.