Finance

Former Westside YMCA in Little Rock sells for $1.8M

A former YMCA owned by Arkansas Sports Medicine LLC, managed by Drs. Jimmy Tucker and Eric Gordon, was sold on June 14 to SwimGym LLC, led by Connie Raley, for…

Arvest Bank completes 14th year of Million Meals initiative

Arvest Bank’s 14th annual Million Meals campaign raised $170,856 to benefit over 34 food partners in Northwest Arkansas and the Fort Smith metro. The Fayetteville-based company shared the details in…

Northwest Arkansas sees lowest mortgage activity since 2015

According to Attom Data Solutions, mortgage originations in Northwest Arkansas were down 5.5% in the first quarter this year compared with the same time last year. The total marked the…

Gov. Sanders signs tax cut bills into law

Gov. Sarah Sanders signed into law Wednesday (June 19) a series of significant tax cuts that will result in personal and corporate taxes falling by a half-percent at the top…

Tax cut bills, Game & Fish appropriation clear House, Senate chambers

Arkansas lawmakers overwhelmingly passed major tax relief and a lingering budget appropriation in the Senate and House chambers on Tuesday (June 18), the second day of a special session at…

Arkansas banks report $488M net income in Q1

According to a recent Federal Deposit Insurance Corp. (FDIC) report, net income for 81 FDIC-insured Arkansas banks in the first quarter this year was $488 million, essentially unchanged from $489…

Southern Bancorp adds Joycelin Randle as senior manager

Southern Bancorp hired Joycelin Randle as its senior manager for investor relations & stakeholder engagement. “We are thrilled to welcome Joycelin to the Southern Bancorp team,” said Kenya Davenport, interim…

Tax relief measures, Game & Fish Commission budget advance in special session

Arkansas lawmakers on Monday (June 17) advanced an appropriation bill for the Game & Fish Commission (G&FC) and complimentary tax cut bills to reduce the top personal and corporate income…

Arvest Opportunity Fund establishes advisory board

Arvest Opportunity Fund, a subsidiary of Fayetteville-chartered Arvest Bank, has established an advisory board and named six members from the bank’s four-state footprint. According to a news release on Monday…

Real Deals: Missouri buyer orders up Burger King investment in Bentonville

A 3,014-square-foot retail building in Bentonville’s Commerce Centre development recently sold for $2.2 million, or $729.92 per square foot. Curtis Jared, a commercial real estate investor in Springfield, Mo., bought…

Then & Now: Williams to pass torch, wrap up 32-year career at UARK Federal Credit Union

Editor’s Note: The following story appeared in the June 3 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…

$1 million commercial acreage deal tops recent property move in Craighead County

ABS Southern Hills LLC made the most significant residential and commercial property transfer in Craighead County from April 15 to May 15, according to the Craighead County Assessor’s Office. The…

Gov. Sanders to call special session next week

It’s no surprise to capitol insiders, but Gov. Sarah Sanders announced Tuesday (June 11) that she will call a special session to start next week on Monday, June 17 for…

Sunstar to merge with First Arkansas Insurance

Sunstar Insurance Group, LLC announced a merger Tuesday (June 11) with First Arkansas Insurance in Pine Bluff. Terms of the private deal were not disclosed. The move adds 14 independent…

First Community Bank announces inaugural LR board of directors

Batesville-based First Community Bank has announced the members of its inaugural business board of directors for the financial institution’s Little Rock market. “We are excited to bring together such a…

Southern Bancorp expands minority business program

Southern Bancorp Community Partners (SBCP) officially launched its Minority Business Empowerment Program (MBEP), which will provide business technical assistance and funding readiness for minority business owners in five Arkansas counties….

Communication and collaboration are the cornerstones of successful commercial construction

I am fortunate to have spent more than 25 years in banking, focused primarily on commercial lending, here in Northwest Arkansas. Considering how this region has grown, I’ve had the…

Hathaway Group, Heights developer announce moves at Country Club Station

Little Rock commercial real estate firm Hathaway Group will move its Little Rock office later this year from Riverdale to the Heights as part of a transformation underway for a…

Gov. Sanders asks agency leaders for budget savings recommendations

Arkansas Gov. Sarah Sanders asked cabinet secretaries and department leaders to provide cost savings ideas in a letter sent Thursday (June 6). The governor also said personnel changes would continue…

Jerry Halsey takes sole reins of Halsey Thrasher Harpole Real Estate Group

Jonesboro-based Halsey Thrasher Harpole Real Estate Group turns 10 years old in 2024 and the company is undergoing a dramatic change. Jerry L. Halsey Jr., one of the three original…

Arkansas Tourism Ticker: Tourism tax numbers down through August, job numbers up

Acres.com, ULI NWA establish partnership

Connections: Yellow Rocket Concepts hosts gift card fundraiser

Coon Supper, pre-event reception scheduled for Jan. 10