Extended Stay Hosts $4.5M Transaction (Real Deals)
The 84-room hotel in west Little Rock was purchased by SAI Bentonville LLC.
View ArticleErin Brown Promoted to CFO at Conway Corp. (Movers & Shakers)
Brown will direct financial planning and accounting practices and manage relationships within the financial community.
View ArticleTom Dees, Father of Holiday Island, Dies at 83
He rose from the Arkansas cotton fields to become a colorful resort developer.
View ArticleConsumer Price Growth Slowed Last Month as Inflation Shows Signs of Steady...
Measured year over year, inflation slowed to just 4% in May — the lowest 12-month figure in over two years and well below April's 4.9% annual rise.
View ArticleHoliday Island Holdings in Recapitalization Deal After Tom Dees’ Death
Control of the company will pass to XA Interactive Inc. of Orlando, a privately held enterprise specializing in oil and gas operations and technology.
View Article$500K Grant Aims to Redevelop Aging Hot Springs Buildings
The grant was in the amount of $500,000 and will be used to plan the redevelopment of the Central Business Corridor.
View ArticleArkansas Business Announces 2023 'Best Places to Work' Honorees
Fifty companies will be recognized at an event Sept. 12 at the Statehouse Convention Center and in a supplement of Arkansas Business.
View ArticleRod's Pizza Sold for $650,000
That sum covered a settlement that called for Rod’s Pizza to pay the IRS $600,558 for back taxes for 2014-17.
View ArticleTrio of Apartments in Sherwood & Maumelle Sells for $19.6M
The Sherwood and Maumelle apartments were purchased by a trio of limited liability companies based in Lakewood, New Jersey.
View ArticleOne Rahling Centre Sells for $3.5 Million (Real Deals)
The 20,410-SF office project in west Little Rock was purchased by W Place Properties LLC, led by Eric Wright.
View ArticleBuilding Resilience as an Entrepreneur (Sabrina Starling Commentary)
It’s time for entrepreneurs to take care of ourselves so that we can take care of others.
View ArticleJ.K. Patterson Named Shareholder of Meadors Adams & Lee (Super Mover)
He is only the seventh shareholder in the firm’s 114-year history.
View ArticleNew Owner Checks In at Hotel Hot Springs
The sale comes after Florida real estate developer Gary Gibbs, who had an ownership stake in the 7,000-SF hotel, was pushed into Chapter 7 bankruptcy and charged with defrauding creditors.
View ArticleStone Bank Buys Former Bank OZK Site for $9.5M
The $9.5 million deal comes after a family of Missouri bankers purchased the Mountain View lender.
View ArticleCommercial Development in Rogers Sells for $32M
Natural Capital, led by Brad Henry of Little Rock, and Orion Capital Partners, led by Brock Martin and Ben Lester of Bentonville, each acquired 50% ownership of Pinnacle Park.
View ArticleEviction Filings Up 50% in Some Cities as Rent Rises
Most low-income tenants can no longer count on pandemic resources that had kept them housed, and many are finding it hard to recover because they haven't found steady work or their wages haven't kept...
View ArticleFed's Powell: More Rate Hikes are Likely This Year to Fight Still-High Inflation
The contrast between the Fed's stated concern over still-high inflation and its decision to skip a rate hike has heightened uncertainty about its next moves.
View ArticleHome Sales Inch Up in May Amid Record-Low Inventory, Falling Prices
The national median home price fell 3.1% from May last year to $396,100, the NAR said. The year-over-year decline is the biggest since December 2011.
View ArticleAverage Long-Term US Mortgage Rate Falls to 6.67%, Third Straight Drop Since...
The average rate on a 30-year home loan is still more than double what it was two years ago.
View ArticleSlim Chickens HQ Relocating
Tom Gordon, the CEO and founder of Slim Chickens, purchased the four-story 35,700-SF office building on East Millsap Road for $6.4 million.
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