Tagged: arvest bank

Spatial Office Transaction Tops $1.6 Million Mark (Real Deals)

by Arkansas Business Staff 1/26/2015 12:00 am

A 14,000-SF office project in west Little Rock tipped the scales at $1.65 million. A 6,164-SF medical office building in North Little Rock drew a $1.04 million foreclosure sale. And a 125,522-SF industrial facility in southwest Little Rock sold for $850,000.

Banks Seek Court-Held Dennis Smiley Funds

by George Waldon 1/19/2015 12:00 am

Two of the remaining banks in the serial loan controversies of Dennis Smiley Jr. hold judgments against the former Arvest executive.

OREO ‘Cleansing’ Helps Stabilize NWA Real Estate

by Marty Cook 1/19/2015 12:00 am

When the real estate bubble popped in 2008, it popped big time in northwest Arkansas, which generated more “other real estate owned” than Little Rock. Now, sales and an improving economy are bringing calm to a market once noted for speculation.

Tunnels, Dennis Smiley, John Rogers, Wal-Mart Kept Readers Checking Online

by Lance Turner 12/30/2014 7:13 pm

A tour of the hidden underground tunnels of Hot Springs was the most-read story on ArkansasBusiness.com in 2014.

West Little Rock Retail Rings Up $4.5M Purchase (Real Deals)

by George Waldon 12/22/2014 12:00 am

An 8,245-SF retail project in west Little Rock tipped the scales at $4.56 million. An investment group purchased the 11400 Cantrell Road property from Chi-Little Rock LLC of Greenville, South Carolina.

The Best & Worst of 2014

by Arkansas Business Staff 12/22/2014 12:00 am

From best investment to worst financial projects, Arkansas Business recaps the best and worst of 2014.

Arvest Survey: Mortgage Debt Down, Savings Up in Arkansas

by Lee Hogan 12/16/2014 10:27 am

Arkansans reported less mortgage debt than their neighbors in Oklahoma and Missouri, according to the latest consumer sentiment survey from Arvest Bank.

Arkansans More Pessimistic About Finances, Feel Better About Major Household Purchases

by Lee Hogan 12/2/2014 10:40 am

Arkansans feel more pessimistic about their current and expected financial situation, but feel more optimistic about buying major household items, according to the latest consumer sentiment survey from Arvest Bank.

Northwest Arkansas Shows Gains in Housing Market

by Lee Hogan 10/16/2014 11:00 am

The residential market in northwest Arkansas saw increases across the board in the first half of 2014, according to Arvest Bank's Skyline Report released Thursday.

Arvest Forecloses on Downtown LR Building Owned by Matt Lile

by Arkansas Business Staff 9/8/2014 12:00 am

The bank’s foreclosure is on two loans totaling more than $821,500 secured by the 20,332-SF building at the northeast corner of Center and Sixth streets. The property is the home of EJ’s restaurant in downtown Little Rock.

Arvest Skyline Report: NWA Commercial Vacancy Rates Down, Multifamily Rates Up

by Lee Hogan 9/4/2014 10:55 am

Vacancy rates during the first six months of 2014 in the northwest Arkansas commercial real estate market were down nearly 1 percent from a year ago, while multifamily vacancy rates were up more than 2 percent, according to the Skyline Report from Arvest Bank.

First Security Bank Forecloses on Dennis Smiley Home

by George Waldon 8/8/2014 8:02 am

First Security Bank of Searcy files a foreclosure lawsuit on a $200,000 loan secured by Dennis Smiley’s home in Rogers.

Arvest Bank Settles With 18 Dennis Smiley Creditors

by George Waldon 8/8/2014 7:58 am

Arvest Bank of Fayetteville has settled with 18 of 20 creditors who loaned money to one of its former executives, Dennis Smiley Jr. Only First State Bank of De Queen, where Smiley’s namesake father is chairman, and Signature Bank of Arkansas in Fayetteville remain as possible claimants seeking money from Smiley’s Arvest Bank Group stock purchase and stock option plans.

Arkansas Less Optimistic Than Oklahoma, Missouri in Arvest Consumer Survey

by Lee Hogan 8/5/2014 10:29 am

The second phase of Arvest Bank's consumer sentiment survey found Arkansans have a less optimistic outlook on current conditions and expectations than respondents in Oklahoma in Missouri.

Ashley Group Could Bring New Life to Pleasant Crossing in Rogers

by Arkansas Business Staff 7/21/2014 12:00 am

The Ashley Group of North Little Rock, one of the largest commercial property managers in the state, is looking to buy a mostly undeveloped 30.5-acre piece of the Pleasant Crossing development in Rogers.

Arvest Consumer Survey Shows Arkansans Mixed on Economy's Health

by Lee Hogan and Lance Turner 7/17/2014 8:57 am

Arvest Bank’s first consumer sentiment survey finds Arkansans have a dimmer outlook on the economy than their neighbors in Oklahoma and Missouri.

Purchases Spur Redevelopment Of Bank Branch Sites

by George Waldon 7/7/2014 12:00 am

Two competitors recently stepped into the Pulaski County banking market to replace Metropolitan National Bank and National Bank of Arkansas. Even with the redevelopment of four NBA branches, Pulaski County has no shortage of banking locations, with 199 full-service branches operated by more than two dozen lenders.

Jim Bolt Criminal Saga Reveals ‘A Certain Amount Of Genius’

by Gwen Moritz 6/30/2014 12:00 am

A federal judge sentenced James W. Bolt to a sentence 29 months longer than standard sentencing guidelines. It was an acknowledgement that the only way to keep Bolt from breaking the law was to keep him locked up.

Testimony: Arvest Bank Was Jim Bolt's Biggest Victim

by Gwen Moritz 6/24/2014 11:04 am

The Fayetteville bank had to make good on a guarantee it issued when Bolt fraudulently claimed $1.9 million in assets held as unclaimed by the state of California, an FBI agent testified Monday.

Arvest Names Tom Dame President in North-Central Arkansas

by Arkansas Business Staff 6/2/2014 12:00 am

Tom Dame has been named local bank president for Arvest Bank in north-central Arkansas. He replaces former bank president Jerry Cunningham, who left in late April. Arvest Bank-NCA has branches in Harrison, Lead Hill (Boone County), Yellville, Bull Shoals (Marion County), Flippin, Mountain Home and West Plains, Missouri.