Tagged: arvest bank

Pyramid Transaction Adds Up to $2.9M (Real Deals)

by George Waldon 3/2/2015 12:00 am

A 17,192-SF commercial project in west Little Rock weighed in at $2.9 million. More than 168 acres near Maumelle are under new ownership after a $1.2 million foreclosure sale. And an 11.5-acre apartment tract in west Little Rock changed hands in a $1.1 million deal.

Don Walker Named Regional Executive at Arvest Bank

by Arkansas Business Staff 2/23/2015 2:44 pm

Don Walker has been named regional executive of Arvest Bank, the company announced Monday. Walker has been Arvest’s market president in Tulsa since 1998.

Dennis Smiley Sr. Sued Over Loans Taken for Son's Business

by Arkansas Business Staff 2/23/2015 12:00 am

Community First Bank of Harrison sued Dennis Smiley Sr. last month claiming he owes nearly $250,000 for defaulted loans.

Steven Plaisance Named CEO at Arvest Mortgage Co., Central Mortgage Co.

by Arkansas Business Staff 2/9/2015 11:28 am

Steven Plaisance of Tulsa has been named CEO for Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank, the company announced Monday.

Gander Mountain Sale Peaks Recent Million-Dollar Deals

by Arkansas Business Staff 2/9/2015 12:00 am

Retail, residential and multifamily all were represented in this installment of seven-digit real estate transactions in Pulaski County.

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.