Riverdale Shopping Center Land Sold for $8.3M
Kappa Realty LLC, led by Chris Robertson, purchased the 17.6-acre home of the Riverdale Shopping Center at 2500-2610 Cantrell Road from the Roman Catholic Diocese of Little Rock.
View ArticleUS Long-term Mortgage Rates Fall; 30-year Average at 4.07%
U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season.
View ArticleArkansas Unemployment Drops to 3.6% in April
Arkansas' unemployment rate in April was 3.6%, down one-tenth of a percentage point from the previous month.
View ArticleJohn French Promoted to EVP at Southern Bancorp
Southern Bancorp Bank has promoted John French to executive vice president of Risk and Operations.
View ArticleAt Women's Symposium, Leaders Share Tips for Navigating Boardrooms
Simply getting a seat at the corporate table remains a barrier for women in the workforce, a panel of women business leaders said Thursday during the first Soirée Women's Leadership Symposium at the...
View ArticleSt. Louis Fed Announces 2019 Investment Connection Series
The Federal Reserve Bank of St. Louis is kicking off the second full year of its Investment Connection program on May 21 in Memphis, to be followed by other live events around the Eighth Federal...
View ArticleArvest Bank Sells 36 Lots For $170K
Arvest Bank recently sold 36 lots in the Kanis Village subdivision of Little Rock for $170,000.
View ArticleTyler Davis Takes Spot on Livestock & Poultry Commission (Movers & Shakers)
Tyler Davis of Ashdown was recently appointed by Gov. Asa Hutchinson to a seven-year term on the Arkansas Agriculture Department’s Livestock & Poultry Commission Board.
View ArticleJoe Clay Young Moves Up at Merrill Lynch (Movers & Shakers)
Joe Clay Young IV was recently promoted from first vice president to senior vice president at Merrill Lynch in Jonesboro. Brenda Eldridge has been hired as chief financial officer at Partners Bank of...
View ArticleFederal Charters Down to a Dozen in Arkansas
With Fidelity National Bank of West Memphis transforming into Fidelity Bank, the ranks of federally chartered banks in Arkansas are whittling down.
View ArticleCross County Bancshares Seeks Bigger Stake in Central
The parent company of Wynne’s Cross County Bank currently owns nearly 20.2% of Little Rock’s Central Bank and could up its position to as high as 35%.
View ArticleDeWitt Bank Transaction Tops $10.2M
The pending acquisition of DBT Financial Corp. presents a nearly $10.3 million transaction backed by a healthy dose of stock and some cash.
View ArticleConstruction Employment in Arkansas Still Below Pre-Recession Heights
The number of those employed in the construction industry in Arkansas reached 51,900 in March, the latest figures available.
View ArticleNew Ownership Moves Into NLR’s Thrive Argenta (Real Deals)
Thrive Argenta LLC, led by Rob Coleman, sold its namesake project at 501 Magnolia St. to an ownership group divided among four entities.
View ArticleBankruptcy Judge OKs Windstream Bonuses
A bankruptcy judge in New York last week approved Windstream Holdings Inc.’s request to use up to $24 million for bonuses for executives.
View ArticleCitizens Bank's Batesville HQ Sets Model for New Branches
The directors of Citizens Bank at Batesville were already contemplating a new headquarters building when they hired Phil Baldwin as CEO in 2013. The 37,000-SF $13.8 million building finally opened last...
View ArticleFarmers B&T of Magnolia to Acquire Bank of Prescott
Farmers Bank & Trust of Magnolia announces a deal to acquire the Bank of Prescott in the third quarter of 2019, but the financial terms of the deal were not released.
View ArticleBriarwood, Spring Valley Apartments Draw $21.5M Combo Deal (Real Deals)
Affiliates of Vesta Capital of Leawood, Kansas, purchased the 280-unit Briarwood Apartments for $13.58 million and the 245-unit Spring Valley Apartments for $8 million.
View ArticleArkansas Capital Corp. Awarded $35M in New Markets Tax Credits
Arkansas Capital Corp. of Little Rock received word Thursday that it has once again received new markets tax credits, this time totaling $35 million.
View ArticleMarkham West Ownership Shifts in $19.7M Transaction (Real Deals)
Affiliates of Weingarten Realty of Houston, Texas, were on either side of a $19.75 million transaction involving a 166,735-SF retail project in west Little Rock.
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