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Riverdale Industrial Tops $7.6 Million Mark (Real Deals)

The 69,609-SF industrial flex building in the Riverdale area of Little Rock was purchased by Dake OK LLC, led by Merritt Dake.

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FNBC Hires Graycen Bigger as Assistant VP, Strategic Partnerships (Movers &...

She will forge community connections, enhance FNBC’s presence in the community, foster strategic partnerships and promote financial education.

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Average Long-Term US Mortgage Rate Surges to Nearly 7%, Highest Since November

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.96% from 6.81% last week. A year ago, the rate averaged 5.51%.

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US Inflation Hits Lowest Point Since Early 2021

Even with Wednesday's better-than-expected inflation data, the Fed is considered all but sure to raise its benchmark rate when it meets in two weeks.

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Little Rock Breaks Ground on Housing Development for Homeless

The village, which will house unsheltered residents as they trasition to permanent housing, is a "meaningful and significant addition to the quilt of solutions for ending homelessness in the City."

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Solar Farm Plans in Northeast Arkansas Spur Concern

Some nearby landowners and government officials the 2,000-acre site could be better used for commercial transport industries.

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Bob Hixson Lists Lake Tahoe Lodge for $19.8M

The former co-owner of Hixson Lumber Sales has put his 16,500-SF Sierra Nevada Mountain getaway overlooking Lake Tahoe on the market.

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Unlocking Business Growth by Hiring the Right People (Sabrina Starling...

To grow your business, don’t hire for skills — hire for values.

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Texas Firm Plans $46M Health Care Complex in Rogers

A real estate development firm says it plans to build a 115,000-SF, three-building health care campus in Rogers, part of an effort to expand health care services in fast-growing northwest Arkansas.

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'Big Emma' to Bring Affordable Housing to Downtown Springdale

The 77-unit development is funded by a $6.75 million grant from the Walton Family Foundation.

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With Inventory Near Historic Low, Home Sales Fall to Slowest Pace Since January

Sales sank 18.9% compared with June last year. That makes it 11 consecutive months of annual sales declines of 20% or more.

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Average Long-Term US Mortgage Rate Falls to 6.78% This Week

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 6.78% from 6.96% last week. A year ago, the rate averaged 5.54%.

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State Unemployment Rate Falls to 2.6%, Another Record Low

It was the ninth consecutive month of employment gains in Arkansas.

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Nabholz to Build $55M Field House and Science Building at LR Central High

Schools, motels, new homes and more feature in this week's million-dollar deals and construction.

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Stone Bank Vaults Into $9.5M Office (Real Deals)

The 38,710-SF office building in west Little Rock was purchased by Stone Bank of Mountain View.

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Partners Bank Has Plan to Expand LR Services

Partners Bank of Helena-West Helena is converting its loan production office in west Little Rock into a full-service branch.

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Summer Headlines (Lance Turner Editor's Note)

Legislative action will help take some pressure off independent pharmacies.

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Leading Change vs. Announcing It (Barry Goldberg on Leadership)

Leaders who want to create lasting change at an organization need a clear and well-vetted plan.

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Key Question as The Fed Meets: Can the Central Bank Pull Off a 'Soft Landing'?

Even though the Fed is poised to raise its key rate on Wednesday for the 11th time since March 2022, to its highest point in 22 years, no one is panicking.

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Investment Firm StoutCap Acquires Fayetteville Apartment Complex for $4.9M

The firm, led by principal Christopher Stout, said in a news release that it raised $2.5 million in funding for the deal, which is expected to double the return for investors in six years.

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