U.S. Bank
Arlington Hotel Sees $30M Renovation
Taking on a long list of overdue chores for the 11-story structure with 20 separate roof lines presented a new challenge for the Texas owner Sky Capital Group, which purchased the 11-story hotel for $7 million in 2017. read more >
by George Waldon -
Hillcrest Apartments Register $1.4M Sale (Real Deals)
The eight-unit apartment building in the Hillcrest area of Little Rock was purchased by 4611 Woodlawn Properties LLC and Equity IRA LLC. read more >
by George Waldon -
Bank CEOs Increasingly Turning Pessimistic on Economy
Reflecting the dimmer macroeconomic view, Citigroup, Wells Fargo and JPMorgan socked away cash in their loan-loss reserves. read more >
by Associated Press -
Regulators Approve US Bank’s $8B Purchase of Union Bank
The OCC stipulated in its approval that U.S. Bank must find ways to quickly and easily sell off parts its business in cases of severe economic distress. read more >
by Associated Press -
McCain Plaza Rings Up $31M Transaction (Real Deals)
An affiliate of American Realty Capital purchased the 314,236-SF retail center in North Little Rock. read more >
by George Waldon -
Arkansas Banks Find Currency in Diversity
For Adam Arroyos, opening a Latino-focused bank in northwest Arkansas is more than just adding another bank branch. read more >
by Marty Cook -
Bank Branch Flipped to Pharmacy in The Heights
A fortuitous real estate flip in the Heights area of Little Rock opened the door for a long-standing neighborhood business to transition from tenant to owner. read more >
Chenal Bank Branch Growth Elevates Field of Competition
Branching activity in west Little Rock is transforming a one-mile stretch of Chenal Parkway into a banker’s boulevard. read more >
by George Waldon -
NLR Bank Building Sells for $5.6M (Real Deals)
A group led by T.J. Lefler bought the U.S. Bank building in downtown North Little Rock from U.S. Bank of Cincinnati. read more >
by George Waldon -
Argenta Landmark Changes Hands in $5.6M Transaction
Commercial investment firm 1 Riverfront QOZB LLC has purchased for $5.6 million the eight-story, 113,650-SF building at 1 Riverfront Place in North Little Rock. read more >
U.S. Bank Donates $250K to 2 LR Organizations
U.S. Bank has donated $250,000 in the Little Rock area as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund that aims to rebuild corridors impacted by social unrest and systemic racial inequities in small business, housing and workforce advancement. read more >
Update: Uniti Group Says Windstream Should Continue Lease Payments
Uniti Group Inc. of Little Rock responds to a motion filed Friday by creditors of Windstream Holdings Inc. of Little Rock seeking to block Windstream from making lease payments to Uniti. read more >
Chambers Opening Bank in Van Buren
Chambers Bank of Danville is developing a full-service branch in Van Buren. read more >
by George Waldon -
Calhoun County Tops List of Smallest Bank Markets in Arkansas
Community State Bank retains its title as the smallest bank in Arkansas, but its Lafayette County market is not the smallest. read more >
by George Waldon -
Salter Properties to Start Work on J Lofts in Conway
Salter Properties is working to give Conway a trendy "walkable" downtown. read more >
US Bank’s Michael A. Shelley on Banking in Arkansas, Singing in Alabama
As State President of U.S. Bank, Michael A. Shelley is responsible for commercial, consumer and trust banking throughout Arkansas. He has more than 30 years of experience as a commercial banking executive, corporate CFO and CPA. read more >
Allied Bank Sues for Roof Damage Check Tied to Foreclosed Property
Allied is trying to recover $46,781 deposited from an insurance check that was issued to Adron and Gwen Gilbert and Allied Bank. read more >
U.S. Bank Promotes Massie To District Manager in Missouri
U.S. Bank has promoted Michelle Massie, formerly manager of its Mountain Home office, to the position of district manager for the south district of the southeast Missouri region. read more >
U.S. Bank Joins List Looking for Payments from Alfred Bradford
U.S. Bank has joined a parade of creditors in Pulaski County Circuit Court seeking money from former Little Rock business owner Alfred Bradford. read more >
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