Skyline Report: Residential Permits Down But Value Up in 2014's Second Half
The number of residential building permits issued in northwest Arkansas fell in the second half of 2014 compared with the same time in 2013, but the value of those permits increased, a report says.
View ArticleForeclosure Sales Lead Off Recent Million-Dollar Deals
Little Rock provides a trio of million-dollar transactions this week with an apartment complex, mansion and high-rise condo.
View ArticleBear State's Chris Wewers Moves to Southern Bancorp
Perhaps you heard that a top executive at Little Rock's Bear State Bank has migrated to a new job: chief financial officer at Southern Bancorp Inc.
View ArticlePlea Deal for Dennis Smiley Jr. In the Works
A plea deal for Dennis Smiley Jr., former Benton County market president for Arvest Bank, is nigh.
View ArticleArvest Firing Challenged in Bankruptcy Court
An Arkadelphia man says following bankruptcy law was a violation of Arvest's policy on employee debt and cost him his job.
View ArticleStonebridge Apartments Draw $31M Transaction (Real Deals)
A 260-unit apartment complex in west Little Rock tipped the scales at $31.58 million. The sale of a west Little Rock Walgreens weighed in at $6.2 million. And an 87,100-SF warehouse in the Little Rock...
View ArticleVistage Provides Group Therapy for Executives
When Arkansas CEOs come together at their Vistage support group, egos are checked at the door.
View ArticleUS Service Firms Grew at Slightly Slower Pace Last Month
U.S. service firms expanded at a slightly slower yet still healthy pace in March, an encouraging sign after multiple reports last week pointed to a slowing economy.
View ArticleFort Smith Retakes Top Spot in Arkansas Tech Business Index
The index is a comprehensive measure that provides a snapshot of economic activity in Arkansas cities. It encompasses a labor index, housing market index, construction index and retail sales index.
View ArticleFed Minutes: Officials Split Widely On Rate Hike Timing
Fed officials disagreed widely last month on when they might begin lifting interest rates from record lows.
View ArticleQuarterly Business Analysis Luncheon Set for May 8 in Fayetteville
Kathy Deck, director of the Center for Business and Economic Research, will present her regular Quarterly Business Analysis as a luncheon on Friday, May 8.
View ArticleBridgeway Hospital Sells for $17.3 Million (Real Deals)
A North Little Rock psychiatric hospital weighed in at $17.3 million. A west Little Rock bowling project scored a $3.02 million transaction. And a 7,605-SF medical office building in west Little Rock...
View ArticleAllied Bank Assets Undervalued — or Not
Among the Allied Bank assets discussed during Acme Holding's recent bankruptcy hearing were energy stocks valued at $3.8 million in a 2012-13 appraisal.
View ArticleNLR Manufacturer Files for Chapter 11
O.D. Funk Manufacturing Inc. of North Little Rock, which has been in business since 1976, has filed for Chapter 11 reorganization.
View ArticleCentennial, Michael Morton, Dollar General Make Million-Dollar Moves
A trio of central Arkansas real estate transactions all surpassed the $1 million mark.
View ArticleTurner Grain's Dale Bartlett Asks for Chapter 7
Dale Bartlett, a former co-owner of Turner Grain Merchandising of Brinkley, asked earlier this month that his Chapter 11 bankruptcy reorganization be converted to a Chapter 7 liquidation.
View ArticleBankruptcy Judge Considers Allied Bank Auction
The continued ownership of Allied Bank by the Lex Golden family is under judicial review after a recent two-day bankruptcy hearing in Fayetteville. U.S. Bankruptcy Judge Ben Barry will decide in the...
View ArticleStephens Inc. Hires 5 From Sterne Agee
Stephens Inc. of Little Rock said Friday that it will hire five managing directors from the Depository Investment Banking Group of Sterne Agee.
View ArticleBank of the Ozarks 1Q Net Income Up 58 Percent
Bank of the Ozarks Inc. of Little Rock reports first quarter net income of $39.9 million, up 58 percent from the same quarter last year.
View ArticleOne Bank Customer Pleads Guilty to Reduced Federal Charge of Money Laundering
In a plea deal reached with the U.S. Attorney's Office in Little Rock, Albert Solaroli pleaded guilty to laundering $120,000 of the loan in exchange for having a pending bank fraud charge dismissed.
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