Gene Cauley
Special Administrator Named in Cauley Case
The feds filed a lawsuit against the estate of S. Gene Cauley in U.S. District Court in Hot Springs and needed someone to be named as a special administrator of the estate to be served with the paperwork. read more >
Feds Seek Foreclosure on Cauley Property
Five years after his death, the federal government wants to foreclose on a Hot Springs property to help cover Gene Cauley’s $3.7 million tax bill. read more >
Update: Gene Cauley’s Death Ruled Suicide
S. Gene Cauley, once a high-profile class-action lawyer before pleading guilty to stealing millions from a client trust account, was found dead in his lakeside home near Hot Springs on Friday morning. read more >
by Gwen Moritz -
Arkansas Greed (Gwen Moritz Editor’s Note)
A typical organization — business, nonprofit, government, whatever — loses 5 percent of revenue to fraud in any given year. read more >
by Gwen Moritz -
Convicted Attorney Gene Cauley No Longer in Prison
Multiple local sources say the former lawyer has been spotted in public, although the federal Bureau of Prisons did not respond to our requests for confirmation of his release. read more >
NLR Warehouse Draws $2.9 Million Transaction (Real Deals)
A 57,705-SF warehouse in North Little Rock tipped the scales at $2.91 million. A 1.55-acre commercial redevelopment is in motion after a $1.03 million land deal. And a 2.11-acre commercial site in North Little Rock rang up a $737,104 transaction. read more >
by George Waldon -
Little Rock Warehouse Sells for Almost $1.8M (Real Deals)
A 166,800-SF warehouse in south Little Rock weighed in at $1.78 million. Essick Air Products Inc. of Little Rock purchased the 3700 W. 65th St. project from 3700 West 65th LLC, led by Rick Ferguson. read more >
by George Waldon -
Former Attorney Gene Cauley Coming Home to Hot Springs
It looks like the disgraced former Little Rock attorney Steven “Gene” Cauley is making plans to return to Arkansas as his 86-month federal prison is winding down. read more >
Bank OREO Adds Up In Washington County
The roster of land, homes and buildings in Washington County recovered from bad loans (known as Other Real Estate Owned) has shrunk for some and grown for others through acquisition. read more >
by George Waldon -
Developer Rick Ferguson Juggles Debt After High-End Meltdown
Events during the past five years have administered a fiscal stress test for residential developer Rick Ferguson, and 2013 has been a year of restructured debt and real estate holdings. read more >
by George Waldon -
Waterview Investors Shift Over the Years
Four of the original 15 investors in the Waterview Meadows residential development have gone by the wayside, and a new face joined the mix. read more >
by George Waldon -
Gene Cauley Properties Still Finding Buyers
More pieces of Gene Cauley’s real estate portfolio were recycled through a lender-driven transaction. Two parts of the Bowman Plaza project were purchased for $10.17 million. read more >