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Arkansas Unemployment Rises to 3.8 Percent in February

Arkansas' unemployment rate in February was 3.8 percent, up one-tenth of a percentage point from the previous month.

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US Existing-Home Sales Jumped 11.8 Percent in February

U.S. home sales soared 11.8 percent in February, aided by accelerating wages and falling mortgage rates that are improving affordability.

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Pulaski County's Most Expensive Home Sales of 2018

Last year, 29 homes sold for $1 million or more, down from the 33 homes purchased in 2017, which was the highest number since Arkansas Business began tracking them in 2004.

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Northwest Arkansas' Most-Expensive Home Sales of 2018

Fayetteville showed strength in the expensive home competition in 2018, but Benton County still rules the northwest Arkansas roost.

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Mentor Helped Pull Strings for Builder Richard Harp

Richard Harp of Richard Harp Homes says over-communication is a key to his custom-building success.

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Sugartree Apartments Sold for $3M (NWA Real Deals)

Ralph Freeman Jr., through his Olliedais LLC subsidiary, is the new owner of the 80-unit complex on North Leverett Avenue in Fort Smith.

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Former Alltel Properties Dial Up $26M Transaction (Real Deals)

The Arkansas Development Finance Authority bought Building 4 on the former Verizon/Alltel campus at 1 Allied Drive from Alltel Corp., an affiliate of Verizon Communications Inc. of New York.

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Southern Bancorp Makes Move in Mount Ida

Southern Bancorp Bank of Arkadelphia is developing a full-service branch at 1017 U.S. Highway 270E in Mount Ida.

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First NaturalState Bank Expands Into Dumas

First NaturalState Bank of McGehee is adding a third full-service branch and entering the Dumas market.

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First Community Adds to Jonesboro Territory

Batesville’s First Community Bank is working on a third location in the $2.5 billion-deposit Jonesboro market.

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Legacy Sale Sends $17.4M to Investors

When the $17.4 million sale of Gravett Bancshares Inc. to Springdale’s Legacy BancShares Inc. closed, four groups got big paydays.

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Three Earn Promotions at First Financial Bank (Movers & Shakers)

Shane Gauthier, Scott Walker and Trey Clark have received promotions at First Financial Bank in El Dorado.

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Cantrell Hill Tree House Blends Home, Woodlands

Headed east down Little Rock’s Cantrell Hill, motorists have been able to catch a glimpse of an adventurous construction project that started last year. But the passing view from Cantrell Road doesn’t...

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Skyline Report: Office Space Vacancy Rate Hits All-Time Low

The vacancy rate for office space in northwest Arkansas hit an all-time low of 8.4 percent in the second half of 2018, down from 9.1 percent in the first half of 2018, according to Arvest Bank's latest...

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Warren Stephens Accepts LIFE Award From Economics Arkansas

Warren Stephens, chairman, president and CEO of Stephens Inc. of Little Rock, accepts the annual Leadership in Free Enterprise Award from Economics Arkansas.

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Alotian Club Hears the Call, Hosts Arnold Palmer Cup

Stephens Inc. President and CEO Warren Stephens officially announced Wednesday that the Arnold Palmer Cup — a top international golf event for collegiate level male and female players — will be held at...

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Venture Center, ICBA Mark End of First ThinkTECH Accelerator

An audience of prospective investors and bankers gather in North Little Rock to mark the end of the inaugural ICBA ThinkTECH Accelerator, sponsored by the Independent Community Bankers of America and...

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US New-Home Sales Up 4.9 Percent in February

Sales of new U.S. homes climbed 4.9 percent in February, an indication that falling mortgage rates have given a boost to demand from buyers.

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BancorpSouth Promotes Three to President Positions (Movers & Shakers)

Chris Locke, Blair Parnell and David Skinner have been promoted to Arkansas division president positions with BancorpSouth of Tupelo, Mississippi.

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WLR Business Center Sells for $6.3M (Real Deals)

Two companies led by Russell and Tammye Hall sell the Colonel Glenn Business Center to an affiliate of Skogman Realty Group of Cedar Rapids, Iowa.

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