Bank of the Ozarks Having a Hot Time in Chicago
Steve Daniels, a senior reporter with Crains Chicago Business, reported last month on how developers of Chicago's "splashiest commercial real estate projects" are getting their loans and financing from...
View ArticleRobert Hopkins Steps Up at Little Rock Branch of Federal Reserve (Movers &...
Robert Hopkins has been promoted to regional executive and senior vice president of the Little Rock Branch of the Federal Reserve Bank of St. Louis. He previously was vice president and regional...
View ArticleTexarkana Convention Center Could Soon Change Hands
A little update now on the case of Dr. Hiren D. Patel, doctor at the center of a controversy over dueling convention centers on both sides of Texarkana. Patel owns Texarkana Hotels LLC that in turn...
View ArticleArkansas Business Recognizes Finalists of 29th Annual Business of the Year...
Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent...
View ArticleVenture Center's 2017 FinTech Accelerator Nets 295 Applicants
The Venture Center of Little Rock on Wednesday said 295 entrepreneur and startup teams have applied for its 2017 FinTech Accelerator, twice the number that applied for the inaugural program held last...
View ArticleCollision Center Buy Tops $2.5 Million (Real Deals)
The Landers Collision Center in west Little Rock weighed in at $2.57 million. LLArk Properties LLC of St. Louis Park, Minnesota, purchased the 40,000-SF facility at 10005 Col. Glenn Road from Aimco...
View ArticleSearcy Upgrades Infrastructure for Chance at New ‘Power Center’ for Shopping
Public, private and public-private developments representing tens of millions of dollars in construction are in motion in Searcy. Three projects highlighting each category alone tally more than $42...
View ArticleBiggest Deals in Arkansas Rise 11 Percent in 2016
Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92. Those big deals —...
View ArticleSouthern Bancorp CEO Takes Care of Personal Tax Lien
John T. Olaimey, the president and CEO of Southern Bancorp Bank of of Arkadelphia, quickly paid a federal tax lien that was slapped against him last month. The amount? $46,341. The IRS also named his...
View ArticleSPONSORED: Credit Cards For Your Business: Which Type Is Right For You?
Running your small business comes with a lot of expenses and, while you have a personal credit card, you may wonder if using a credit card for your business is a good choice. As a small business owner...
View ArticleUS Chamber, French Hill: Less Regulation Will Boost Economic Growth
The American economy is growing too slowly because regulations designed for international financial institutions have been imposed on smaller banks that pose no grave threat, U.S. Rep. French Hill,...
View ArticleAmericans Buy Existing Homes at Fastest Pace in a Decade
WASHINGTON — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of...
View ArticleGo Forward Pine Bluff Moves Toward Tax Votes
A plan to make major improvements to the downtown Pine Bluff area and enhance education is looking toward a sales tax to help fund its numerous recommendations. Go Forward Pine Bluff is an ambitious,...
View ArticleHome BancShares Completes Giant Holdings Inc. Buy
Home BancShares Inc. of Conway said Friday that it has completed its previously announced acquisition of Giant Holdings Inc. of Fort Lauderdale, Florida. The company, the parent of Centennial Bank,...
View ArticleGreg Shaver Leaves Citizens Bank of Batesville After 42 Years (Movers & Shakers)
Greg Shaver is retiring from Citizens Bank in Batesville after 42 years. Since joining the bank in 1975, he has served in various positions, including internal auditor, cashier, senior vice president...
View ArticleTandem Self-Storage Sales Combine for $5.2 Million (Real Deals)
A pair of mini-storage projects in southwest Little Rock changed hands in two deals totaling $5.2 million. SSCP Geyer Springs Rd LLC acquired the 376-unit project at 8015 Geyer Springs Road for $3.16...
View ArticleDiamond Bank Opens Branch In Crowded Ashdown Market
Diamond Bank of Murfreesboro is expanding its southwest Arkansas footprint by opening an Ashdown branch. The project represents the 14th full-service office for the $528 million-asset lender and its...
View ArticleFarmers Bank Shareholders Set for $4.5 Million Cash Out
The pending $4.5 million sale of Farmers Bank of Hamburg will further pare the headcount of Arkansas lenders with less than $50 million in assets to four. The sale to Southern Bancorp Inc. of...
View Article‘Colorado Craftsman’ Project Enters Little Rock Market
A new development vision with a Western flair has recast a would-be Little Rock subdivision into a $40 million townhome project. In recognition of a market shift in millennial housing patterns, Village...
View ArticleSentencing Set for Fort Smith Developer Brandon Woodrome
Brandon Woodrome, the 29-year-old Fort Smith construction company owner, will be sentenced April 18 for one count each of bank fraud and wire fraud. In September, Woodrome waived indictment and plead...
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