Report: Building Permits, Homes Sold Increase in Northwest Arkansas
In northwest Arkansas, building permits have increased, the supply of remaining lots continued to fall and the number of complete but unoccupied houses remains low, according to Arvest Bank's...
View ArticleGurdon Girding for More Bank Competition
The competitive field of banks in southern Clark County could triple in the near future. Bank of Delight (Pike County) has opened a branch in Gurdon, and Southern Bancorp Bank of Arkadelphia intends to...
View Article$2.8 Million Transaction Visits LR’s Legacy Hotel (Real Deals)
A historic hotel in downtown Little Rock tipped the scales at $2.85 million. SHG Management LLC, led by Kishan Patel, bought the 86-room Legacy Hotel at 625 W. Capitol Ave. The seller is Southern...
View ArticleEmployers Seek Hires With Soft Abilities Like Attitude, Teamwork
The job applicant had a brilliant resume and precisely the technical skills the company wanted. But when her interviewer asked how she handles conflicts with co-workers, the surefire prospect lost her...
View ArticleNo Surprise: Higher Pay Helps Attract, Retain Employees
In order to remain competitive with other retailers, Wal-Mart Stores Inc. announced early last year that it was going to start paying its workers at least $9 an hour and raise the minimum to $10 this...
View ArticleSigns of the Times (Gwen Moritz Editor's Note)
Some months back, several standing banners appeared in the offices of Arkansas Business Publishing Group — quotes from JFK, Vince Lombardi and the like. At first I dismissed them as the kind of rah-rah...
View ArticleOnline Recruitment Works If Done Correctly, Experts Say
It seems to be a common complaint: Online employee recruitment efforts produce lots of resumes but few great prospects. PC Magazine reported last month that the percentage of new hires coming from job...
View ArticleMini Golf Owner Accused of Putting Money Away from Judgment
A judgment from 2011 continues to haunt a Hot Springs Village woman. Linda Gauthier, formerly known as Linda B. Turner, has been accused of hiding assets to avoid paying the judgment of nearly $350,000...
View ArticleJacksonville Valero Valued in $1.2M Transaction
This week’s quartet of multimillion-dollar Pulaski County real estate transactions consists of a west Little Rock home, a Jacksonville convenience store, a Sherwood commercial site and a North Little...
View ArticleSite Selector: Arkansas' Strong Economic Development Teams An Asset
Phil Schneider is the board chair of the Site Selectors Guild and has been in the industry for more than 30 years. As the president of Schneider Consulting of Waukesha, Wisconsin, he works with...
View ArticleHigher Lumber Prices Continue To Boost Deltic Timber Profit
Deltic Timber Corp. of El Dorado on Wednesday announced third-quarter net income of $1.5 million, or 12 cents per share, up from $100,000 for the third quarter of 2015. The company (NYSE: DEL) had...
View ArticleTwo Financial Centre Sold for $11.3M
Two Financial Centre at 10825 Financial Centre Parkway in west Little Rock sold for $11.3 million to local investment group Two Financial Centre Holding Co., the Kelley family and the Flake family. The...
View ArticleArvest-Central Arkansas CEO Jim Cargill on the Difference Between Service and...
Jim Cargill is a fourth-generation banker who began his career at his family’s bank in Lewisville. Cargill has been with Arvest for more than 30 years, where he is currently president & CEO of...
View ArticleWLR Apartment Land Draws $2.5M Sale (Real Deals)
A future apartment site in west Little Rock weighed in at $2.5 million. Madison at Chenal LLC, led by Brandon Huffman and Graham Smith, bought the 5,000-SF office-warehouse at 15500 Kanis Road and an...
View ArticleThe Shoppes At Har-Ber Sell for $8.8M (NWA Real Deals)
An Oklahoma investor led a group that paid $8.82 million for The Shoppes at Har-Ber Lakes in Springdale. Raymond Merrill leads Shoppes at Har-Ber Lakes LLC, which bought a 90 percent share of the...
View ArticleNew Man on the Roost at Slim Chickens
Slim Chickens, the Fayetteville restaurant chain, has a new executive on board. He’s Mark Mears, chief marketing officer. Mears has spent time with Noodles & Co., Schlotzsky’s and the Cheesecake...
View ArticleCrafton Tull Becomes Part of Fayetteville's Landscape
Crafton Tull, a civil engineering and landscape architecture firm, will open an office in Fayetteville in December. It will be Crafton Tull’s seventh office and fifth in Arkansas. Crafton Tull also has...
View ArticleConvenience Store Trio Packaged in $2.8M Transaction
Three convenience stores in Lonoke County, residential property in Saline County, an eatery in Cabot and a future restaurant location in Conway form our group of multimillion-dollar transactions this...
View ArticleTexas Bank Wants Walter Quinn's Riverview Home in Foreclosure
Prosperity Bank of El Campo launched a foreclosure action against Walter Quinn, seeking possession of the Little Rock businessman’s 7,490-SF home in the Riverview Point neighborhood. You might recall...
View ArticleAlice Walton Reels In Flying Fish to Bentonville
Dallas restaurateur Shannon Wynne and his partners didn’t really want to go to Bentonville, and they certainly knew they didn’t want to locate a Flying Fish restaurant there. But that was before Alice...
View Article