Tag: Banking & Finance

Kenneth Mourton Buys Vacant Fayetteville Building (Real Deals)

Kenneth R. Mourton, through his FJN LLC, recently purchased a two-story commercial building and an adjacent lot in Fayetteville for $1.15 million.

Judgment Made on Pinnacle Foreclosure

Bank of America, in its role as successor to LaSalle Bank NA, won a $28.76 million foreclosure judgment against Bill and Carolyn Schwyhart and Robert and Frieda Thornton.

CCOA’s Record Year

Turbulent economic times have been good for at least one group.

Phoenix Bankruptcy

The timing of the Chapter 11 bankruptcy filing by Phoenix Realty & Development LLC of Hot Springs has raised concerns with the Office of the U.S. Trustee.

Sheridan Woman Sentenced

Katherine Anne West of Sheridan was sentenced in December to more than five years in federal prison for embezzling nearly $700,000 from her former employer, Lift Truck Service Center Inc.

Most Arkansas Exports Enjoy Boost in Revenue

The aircraft and spacecraft industry was responsible for a slight overall dip.

Commercial Real Estate Risk Remains Elevated Everywhere

Commercial real estate prices are likely to remain under pressure.

Longtime Automotive Experts Fire Up Their Own Enterprise

The Tontitown shop offers an alternative to dealership service plans.

Forecast: Prepare for ‘Less Worse’ Economy

Local industry leaders believe the local economy has hit bottom and begun a slow uptick.

Due Diligence

Undue intrusions can be traced to previous mischief.

Steve Clary Established High-Risk Success With Spring Creek

Steve Clary just knew he was sitting on a can’t-miss opportunity, but he didn’t have the cash to push the deal forward.

Trouble Trumps All in 2010’s Top 10

Sad but true, 2010 was marked by even more troubles than the year before.

Best & Worst of 2010

2010’s best and worst in Northwest Arkansas’ business news.

BOF Stock Slips Slightly

We noticed The Bank of Fayetteville’s stock price has been on a bit of a ride for the past year.

Pinnacle Partners Parted

According to the Arkansas Secretary of State, officers of Great Northwest Development LLC are J.B. Hunt LLC, Tim Graham LLC and Schwyhart Holdings LLC. But that’s not the case.

Allied Foreclosure on Cauley

Allied Bank of Mulberry is attempting to recover about 100 acres tied to a $1.4 million loan guaranteed by Gene Cauley.

Conestoga Wood Specialties Plant Closures

Conestoga Wood Specialties Corp. will be shutting down three of its eight production facilities, including two in Arkansas.

Bitter and Sweet (Opinion)

Business news recently has seemed to be a bittersweet mix of reminders of the painful period through which our state and national economies have passed.

Bankruptcy Didn’t Prevent Barber From Enjoying a Lavish Lifestyle

On the witness stand, Brandon Barber tried to explain how he continued living the good life despite being millions of dollars in debt.

Low Rates Keep Lenders Hustling

Fayetteville-chartered Arvest Bank maintained its status as the area’s top mortgage lender in 2009, closing more than 6,400 loans.

USDA awards funding for 21 solar projects, more in Arkansas

PRSA names 2025 board of directors and officers

BSR REIT acquires Texas apartment property for $61 million

Prioritizing entrepreneurship in the new year