Taxes Accounted for 42% of Local Government Revenue in 2017
Local governments collected $1.7 trillion of general revenue in 2017, according to the Urban-Brookings Tax Policy Center, based in Washington, D.C. read more >
Real Estate
Mayor Frank Scott Jr. on How Little Rock Zoned In on Amazon
Little Rock Mayor Frank Scott Jr. discusses what the city did right against COVID-19, what he might have done differently, and what lies ahead. read more >
Historic Lafayette Building Visited by $3.2M Sale (Real Deals)
A hotel redevelopment in downtown Little Rock is in motion after tandem transactions totaling $3.2 million. read more >
Bell Advances at Today's Power (Movers & Shakers)
Chris Bell has been promoted to vice president of finance and administration for Today's Power Inc. in Little Rock. read more >
Pebb Capital Sells Conway Apartments For $17.5M
Pebb Capital has sold Glenrock Apartments in Conway for $17.5 million; the deal closed on May 22. read more >
Recent Real Estate Deals Total $2.56M
The $825,000 sale of the Flowers Bakery facility in Sherwood led the most recent round of real estate transactions. read more >
BSR Buys Texas Apartment Complex for $51.6M
BSR Real Estate Investment Trust has acquired for $51.6 million the Retreat at Wolf Ranch Apartments, a 303-suite, garden-style residential community in Georgetown, Texas, and in the Austin Metropolitan Statistical Area. read more >
Tickets Available Now for Live-Streamed 40 Under 40 Event
Arkansas Business is offering tickets now for its first live-streamed 40 Under 40 event, scheduled for 11:45 a.m. July 22. read more >
CORRECTION: Conway Kimberly-Clark Warehouse Sold for $10.5M
A previous version of this story was erroneously published with a photo of another Kimberly-Clark property. The picture has been replaced with the correct image. read more >
Forest to Floor Draws $1.2M Transaction (Real Deals)
Metro Builders Supply Inc. of Tulsa bought the Forest to Floor project at 8900 Maumelle Blvd. from 8900 Maumelle Blvd. LLC, led by Jamie Crossland and Tony Riggan. read more >
Oklahoma STACK Play Produces Lawsuits
After negotiating a $7 million judgment last year against a former partner and manager, an Arkansas-heavy investment group hasn't given up trying to recover damages from others they say helped him in his scheme. read more >
Recent Real Estate Deals Total $3.28M
The $990,000 sale of an Autozone in Little Rock led the most recent round of real estate transactions. read more >
PPP Loan Forgiveness Rules Give Clarifications, Flexibility (Cal McCastlain Commentary)
With the release of the PPP loan forgiveness application on May 15, and the forgiveness regulations on May 22, businesses have more detailed guidance on how to maximize the forgiveness of loans. read more >
Gallery: Arkansas Made
From steel to toilet tissue, chainsaws to snack foods, Arkansas delivers the goods. read more >
With No Pandemic Furloughs, Slim Chickens Opens 2 More Locations
Even in a pandemic, the world keeps turning and restaurants keep opening. read more >
Quapaw House Sued for $2.6M
Troubled Quapaw House Inc. of Hot Springs recently received more bad news. read more >
Caprocq Core Pays $16M for WLR Office Building
A $16 million office building acquisition in west Little Rock leads off with a big splash among this week's installment of million-dollar real estate deals. read more >
Safe Foods Gains Safe Storage Space
Safe Foods Corp. is expanding its North Little Rock operation after a $1.1 million transaction. read more >
Branch on Way to Brookland After 3 Years With No Bank
The fast-growing Jonesboro bedroom community of Brookland should see the return of a local bank office by the first quarter of 2021. read more >
Encore Bank Expands Full-Service Branches
Little Rock's Encore Bank is tidying up details to expand operations in Fayetteville and Jonesboro. read more >
Arvest Adding Seventh Location in Bentonville
Fayetteville's Arvest Bank intends to add to its Bentonville presence with a new branch. read more >
Industrial Transaction Produces $1.1M Sale (Real Deals)
Bruce Oakley Inc., led by Dennis Oakley, bought the former Southern Cotton Oil Co. complex at 324-325 Buckeye St. from the city of North Little Rock. read more >
America's Car-Mart Moves Headquarters to Rogers
America's Car-Mart Inc. says it will move its headquarters from Bentonville to the Benchmark Group Building in Rogers. read more >
Recent Real Estate Deals Total $2.43M
The $825,000 sale of a Dollar General store led the most recent round of real estate transactions. read more >
Webinar: BKD CPAs & Advisors Offer Insight on PPP Loan Forgiveness
BKD CPAs & Advisors partners Chris Doolittle and Ernie Skyrme will join Tre Baker of Arkansas Business at 1 p.m. June 4 to discuss best practices business owners can follow for securing loan forgiveness. read more >
Real Estate Agents Use More Virtual Tools During Pandemic
Arkansas real estate agents say the COVID-19 pandemic has and will likely change how they do business by making virtual options for showing homes more common. read more >
Webinar: FLEX360 on How to Make Smart Decisions on Digital Marketing
FLEX360 Executive Director John Tucker and Digital Marketing Manager Aly Smith will join Tre Baker of Arkansas Business to discuss the truths and misconceptions of digital marketing. read more >
Fighting in Court with Former Lover, Lawyer Lands in Jail
The split between a Little Rock attorney and the business owner with whom he had a romantic relationship has gotten messier. read more >
Broadway Block in North Little Rock Sells for $2.4M
This week's quartet of million-dollar real estate transactions begins in North Little Rock, just off Interstate 30. read more >
New Kum & Go Stopped for Now in Fayetteville
The expected sale and proposed construction of a Kum & Go convenience store on Martin Luther King Jr. Boulevard in Fayetteville may have hit a snag over, among other things, four handicapped parking spaces. read more >
Editors' Picks
