Regions Center Ownership Comprised of 32 Companies
The owners of the 30-story Regions Center in downtown Little Rock have filed a more detailed account of their debts and assets for the building in their Chapter 11 reorganization case. read more >
Regions Center Consultant: ‘Improper Actions’ Led to Bankruptcy
The owners of the 30-story Regions Center in downtown Little Rock weren’t able to refinance a $32 million loan before it matured on Sept. 1. That put the owners on the road to bankruptcy court. read more >
Foreclosure Surprised Regions Building Owners
An attorney for the owners of the 30-story Regions Center in downtown Little Rock said recently that he had no indication that a foreclosure lawsuit was being filed against the property. read more >
NY Group Pays $43.9M For 2 Fayetteville Centers
A New York commercial real estate group bought two Fayetteville shopping centers for $43.9 million early this month. read more >
by Marty Cook -
‘Sovereign’ Actions Complicate Foreclosure of West Little Rock Home
Documents sold on the Internet and a $700,000 “International Bill of Exchange” weren’t able to keep a minister from losing his 5,608-SF west Little Rock home in a long-running foreclosure action. read more >
by George Waldon -
Wells Fargo to Open Commercial Banking Office in West Little Rock
Citing “strong growth in Arkansas," Wells Fargo is opening a commercial banking office in west Little Rock this month. read more >
10 Banks Agree to Pay $8.5B for Foreclosure Abuse
Ten major banks and mortgage companies have agreed to pay $8.5 billion to settle complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. read more >
by Associated Press -
Wells Fargo Jet at Searcy Arouses Curiosity
A Wells Fargo corporate jet spent several days at Searcy Municipal Airport earlier this month, and its passengers were guests of the Hampton Inn. Were those visitors looking for a bank to buy? read more >