Two MedExpress Properties Sell for Combined $4.4 Million
A pair of MedExpress projects, a medical office building in Sherwood, a Little Rock home and a restaurant site in west Little Rock form this week’s five-piece of million-dollar transactions. • National...
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'When You Steal $1.5 Million …' (Gwen Moritz Editor's Note)
For the second straight week, I’m going to write about listening to the Chief U.S. District Judge deliver a well-reasoned message on fair play. This time, I’m not talking about Chief Judge P.K. Holmes...
View ArticleAlbert Solaroli Restitution in One Bank Case Fails to Appear
Alberto Solaroli came this close to making restitution. The Canadian citizen — who never made a single payment on the fraudulent $1.5 million loan he got from One Bank & Trust of Little Rock back...
View ArticleNY Official: Wall Street Bonuses Down Amid Profit Slide
ALBANY, N.Y. — Average Wall Street bonuses were down 9 percent last year to $146,200 as industry profits declined, New York's comptroller reported Monday. Industry-wide profits decreased by 10.5...
View ArticleUA Names Timothy O'Donnell New Finance Chief
The University of Arkansas has named Timothy J. O'Donnell its new vice chancellor for finance and administration. The UA said O'Donnell's appointment was effective March. 1. O'Donnell has been working...
View ArticleStock Awards Help Boost Pay for 2 at Home BancShares
An increase in stock awards helped boost total pay for a pair of executives at Home BancShares Inc. of Conway, according to the firm's annual proxy statement filed March 4. The publicly traded company,...
View ArticleStone Bank Adds Steve Ragland to Little Rock Office (Movers & Shakers)
Steve Ragland has joined Stone Bank, the Mountain View bank formerly called Ozark Heritage Bank, as chief financial officer. He lives in Little Rock, where Stone Bank maintains loan production and...
View ArticleTammy Tompkins New Mortgage Manager at First Arkansas Bank & Trust (Movers &...
Tammy Tompkins has been hired as manager of the mortgage department of First Arkansas Bank & Trust of Jacksonville. A graduate of the University of Arkansas at Little Rock, Tompkins worked in...
View ArticleLet the Sun Shine (Editorial)
This is Sunshine Week, the American Society of News Editors & Reporters’ annual reminder of the importance of public information. Arkansans have had the legal right to know more about what all...
View ArticleArkansas Surgical Hospital Registers $56.6 Million Sale (Real Deals)
A 124,774-SF outpatient surgical center in North Little Rock changed hands in a transaction valued at $56.6 million. Broadstone Ash Arkansas LLC, an affiliate of Broadstone Real Estate of Rochester,...
View ArticleAllied, Pinnacle, Heartland Score Texas Ratios Over 100
Two Arkansas banks generated Texas Ratios above 100 at year-end 2014. Twelve months later, the number grew to three, with Heartland Bank of Bryant (112.28) joining Pinnacle Bank of Rogers (139.3) and...
View ArticleBryant Yields Second Home for Merchants & Farmers Bank
A southeast Arkansas lender has made a second home in Saline County. Merchants & Farmers Bank of Dumas (Desha County) is converting its loan production office in Bryant into a full-service branch....
View ArticleVilla Marre Owner Files for Bankruptcy
A Little Rock property owner recently turned to Chapter 11 bankruptcy to reorganize its $8.6 million in debt. RWL Investments LLC of Little Rock filed for the bankruptcy protection nine days after...
View ArticleDowntown Little Rock Attracts More Hoteliers
Downtown Little Rock has drawn the attention of three hotel developers who have invested more than $7.3 million to secure locations. The trio is poised to join an ascending hotel market powered by...
View ArticleNew Owners Leave Lindsey's Resort in Familiar Hands
Lindsey’s Resort has a fresh start after foreclosure last March completely shut down the quaint attraction on the Little Red River at Heber Springs, just as the resort was marking its 50th anniversary....
View ArticleForeclosures Filed on Two More John Rogers Properties
A new creditor recently became a late entry in the financial freefall of alleged serial fraudster John Rogers. Little Rock’s Bank of the Ozarks sued Rogers and his ex-wife, Angelica, to recover more...
View ArticleIberiaBank Expected To Cut Nine Arkansas Branches by March 31
The restructuring of IberiaBank’s multistate branch network, in motion since 2012, is visiting Arkansas this quarter. Nine branches will be closed by the end of March. Six are the $19 billion-asset...
View ArticleWith Rate Hike Likely A No Go, Investors Seek Fed's Economic Outlook
WASHINGTON — The financial world is awaiting the Federal Reserve's response to a critical question: How stable are the world's economies and financial markets? Whatever picture the Fed sketches will...
View ArticleFed Keeps Key Rates Unchanged; Foresees Fewer Hikes in 2016
WASHINGTON — The Federal Reserve is keeping a key interest rate unchanged in light of global pressures that risk slowing the U.S. economy. As a result, Fed officials are forecasting that they will...
View ArticleProxy Shows Compensation Boost for George Makris in 2015
The annual compensation of the top executive at Simmons First National Corp. of Pine Bluff doubled last year, according to the company's proxy statement, filed Monday. George Makris Jr., chairman and...
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