Arkansas Development Finance Authority

Pacific GeneTech is building a world headquarters in Springdale. read more >

Teslar Software of Springdale says it recently offered a 10x return to round one investors who were willing to be bought out. read more >

Curtis Winar has been promoted to partner at Frost PLLC of Little Rock. read more >

Mark Conine is the new president of the Arkansas Development Finance Authority, a division of the state Department of Commerce. read more >

The reshuffling of state offices around Little Rock has set the stage for construction of two buildings and the possible sale of a third. read more >

A $26.4 million bond issue is in the works to mortgage a state-owned building read more >

The 200-room Hotel Hot Springs & Spa will be sold at a foreclosure sale to help pay a $128.9 million judgment its owner received in June. read more >

Plans are still taking shape to move 977 state employees into the six-story building at 1 Verizon Drive in the Riverdale area. read more >

Bryan Scoggins has been named president of the Arkansas Development Finance Authority, effective immediately. read more >

Cheryl Schluterman has been named director of the Arkansas Development Finance Authority in Little Rock, a division of the Arkansas Economic Development Commission, effective July 1. read more >

In December, creditors forced Gary R. Gibbs, the developer of the Delta Resort & Spa in Desha County and the Hotel Hot Springs & Spa, into bankruptcy for defaulting on $119.4 million in loans. It's familiar territory for Gibbs, who recovered from a 2005 bankruptcy only to fall back into financial distress after the New Orleans bank that made his loans failed. read more >

The Arkansas Development Finance Authority bought Building 4 on the former Verizon/Alltel campus at 1 Allied Drive from Alltel Corp., an affiliate of Verizon Communications Inc. of New York. read more >

The Arkansas Development Finance Authority expects to close on its purchase of Verizon Building 4 at One Allied Drive in Little Rock by the end of next month. read more >

Cheryl Schluterman, vice president for finance and administration at the Arkansas Development Finance Authority, has been named interim president of the ADFA, effective immediately. read more >

An affiliate of Avenir Senior Living of Scottsdale, Arizona, purchased the 59-unit Clarity Pointe project at 8401 Ranch Blvd. read more >

Tapping into Hot Springs thermal culture, the craft brewing industry in Spa City is hot. read more >

The broadcast license for KMYA-TV, Channel 49, that Soul of the South Network investors are fighting over was an important piece to a funding puzzle two years ago. read more >

Inquiries about how the Arkansas Development Finance Authority and the Arkansas Economic Development Commission came to invest more than $1.7 million in Soul of the South's short-lived financial fiasco are being made. read more >

A schism among Soul of the South investors has erupted into a lawsuit over control of the venture’s most valuable asset: the broadcast license for KMYA-TV, Channel 49. read more >

A 240-unit mini-storage project in west Pulaski County weighed in at $1.4 million, and a 24-unit loft project in downtown Little Rock is under new ownership after a $455,000 foreclosure sale. read more >