Postal Purchase Delivers $2.7M Transaction (Real Deals)
An affiliate of Nationwide Postal Management Inc. purchased the 19,500-SF post office administration building at 420 Natural Resources Drive in Little Rock.
View ArticleUnemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas’ metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines.
View ArticleTexarkana Project Expected to Propel Downtown Growth
After a decade of hope and false starts, the revitalization of downtown Texarkana achieved a breakthrough with the sale July 31 of the historic Hotel Grim to a housing development group.
View ArticleTop Stockholders in Arkansas Buoyed by Runup in Markets
It’s been almost two years since Arkansas Business listed the state’s top stockholders based on the value of publicly disclosed stock. Since then, the Walton family’s fortune — the part disclosed...
View ArticleLivestock Companies Tie for Biggest SBA Loans of FY18
While the average SBA loan in Arkansas last year was just shy of $600,000, the smallest was only $5,800.
View Article'Tough Luck' Farmer Pleads Guilty to Stealing $17M
A Louisiana farmer pleaded guilty last month to stealing nearly $17 million by making a series of fraudulent loans and advances from a list of victims.
View ArticlePair of WLR Apartments Sold for Combined $56.5M
The sale of west Little Rock apartment developments starts this week’s procession of million-dollar real estate transactions, followed by a Searcy hotel and three Sherwood properties.
View ArticleBryan Scoggins to Lead Arkansas Development Finance Authority
Bryan Scoggins has been named president of the Arkansas Development Finance Authority, effective immediately.
View ArticleArkansas Unemployment Drops to 3.4%, A Record Low
Arkansas' unemployment rate dropped by one-tenth of a percentage point in July, to 3.4% from 3.5% in June.
View ArticleArmor Bank Names New Market President in Jonesboro (Movers & Shakers)
Brock Fletcher has been hired by Armor Bank of Forrest City as president of its new Jonesboro market, and Bryan Wagner has been hired as senior vice president of commercial lending and business...
View ArticleTandem Apartment Sales Combine for $56.5M (Real Deals)
Affiliates of B&M Management Co. of Montgomery, Alabama, bought the Stonebridge and Carrington Park apartment projects from affiliates of Philadelphia’s Independence Realty Trust.
View ArticleNot a Good Look (Editorial)
It takes some doing to make Wells Fargo look like a sympathetic victim, but the legal community in Pope County has managed it.
View ArticleWhat, Me Worry? (Gwen Moritz Editor's Note)
In every case, risk itself is compounded by incompetent, uninterested management.
View ArticleHidden Search of Schwyhart Assets Probes Attorney Files
The search for nearly $3.2 million from a once-secret 2013 settlement and possession of a grand home valued at $1.9 million by the Benton County assessor remain at center stage in the bankruptcy of...
View ArticleWestern Financial Was Allowed to Leave Case Early
Before WestFax Inc. was hit last year with a $21.1 million class-action judgment in Arkansas involving unwanted faxes, the client company that made the fax solicitation was allowed to exit the case by...
View ArticleArkansas Fax Avengers Target Wells Fargo for $22M
Financial giant Wells Fargo is the latest company snared in a multimillion-dollar legal strategy honed in Arkansas: filing class-action suits over unwanted faxes.
View ArticleNABE Survey: 34% of Economists Expect Recession in 2021
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
View ArticleArkansas Business Announces CFO Finalists, Tickets Info
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock.
View ArticleUS Home Sales Rose 2.5% in July, Aided by Low Mortgage Rates
U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.
View ArticleSheridan Company Goes With the Grain As Golf Course Sand Supplier
Family-owned Hayden Group Inc. of Sheridan produces sand tailor-made for use in golf course bunkers around the nation, including The Alotian Club in Arkansas.
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