Tag: real estate

MNB Prevails Against Terminella

Bankers are no doubt breathing a sigh of relief after Metropolitan National Bank prevailed in its foreclosure proceeding against Tom Terminalla.

Mortgages Made Good at Arvest

You probably already heard the news that Arvest Bank Group Inc. closed more than $1 billion in mortgages for the sixth year running.

Barber Blues Continue

Several banks that said they were burned by a Brandon Barber real estate development have come together to sue him and the Little Rock law firm that put the bond package together.

Charlotte Inc. Purchases AAA Mini Storage in Centerton (Real Deals)

Charlotte Inc. of Springdale recently purchased AAA Mini Storage in Centerton for $3.1 million from Trio Holdings of Springdale.

Reed Awarded CRE Designation

Tom Reed, a principal with Little Rock-based Irwin Partners, a commercial real estate services firm, and managing broker of the Northwest Arkansas Branch Office, has earned the CRE designation.

Brewer Building Leased to Kutak Rock

Kutak Rock, a national law firm, moved its Northwest Arkansas offices to 234 Millsap Road in Fayetteville.

Lessons From the Ice Storm: Teamwork and Compassion (Human Factor by Seth Mohorn)

Whether in business or in the community, when people come together for the common good, great things are sure to follow.

Recovery Continues as Costs Rise

Damage estimates are still being calculated for the two-day ice event that left more than 350,000 customers without power throughout Arkansas, but preliminary reports already put the cost of cleanup and repair at more than $20 million in the two-county ar

Winds of Change Affect Builders Risk Insurance Market

Wind and fire damage is covered under builders risk insurance, which are policies usually taken out by the general contractor to cover their investment in a project while it’s under construction.

Commercial Jobs Slumped Significantly in 2008

The number of commercial construction projects under way in 2008 fell sharply from the previous year.

UA Keeps up Expansion, Improvement Plans in ’09

The University of Arkansas has over $75 million in construction projects set to begin in 2009.

Arvest Bank Buys Vacant Tim Hurd Dealership Property (Real Deals)

A look at important real estate transactions in Northwest Arkansas for Jan. 26, 2009.

Decision Still Forthcoming in Terminella-MNB Case

Timeline unknown in Terminella, Metropolitan National Bank lawsuit

Construction Begins on Fayetteville’s New Court Building (Real Deals)

Kinco Constructors of Little Rock recently purchased a building permit valued at $3.3 million to construct a new district court building for the city of Fayetteville.

Residential Market Beats U.S. Trends, Oversupply Remains (Market Forecast by Tom Reed)

Streetsmart NWA produces quarterly reports pertaining to the real estate market in Benton and Washington counties. The reports focus on the single-family residential, multifamily residential and commercial sectors of the market.

Doubletree Hotel Club of Springdale Gets New Owner (Real Deals)

Springdale?s Doubletree sells, church buys Summerhill Racquet Club in Rogers.

Northwest Arkansas Past Dues Loans Rise 6 Percent in 3Q

Twenty-one banks doing business in Benton and Washington counties had a combined $332.3 million worth of loans on their books that were not accruing interest as of Sept. 30.

Garland Center Under Construction on U of A Campus (Real Deals)

Baldwin & Shell Construction Co. of Little Rock recently broke ground on a $39 million parking garage and retail center on the University of Arkansas campus.

Office Vacancy Rate Drops in Third Quarter

In the Northwest Arkansas office market, 400,000 SF was purchased and taken out of the market as leasable space, according to the Skyline Report.

Faucette Real Estate Consolidates Offices

Coldwell Banker Faucette Real Estate will consolidate its Northwest Arkansas offices.

Tyson board chairman’s new contract includes $40 million cash incentive

Officials from Fort Smith and Poland sign Friendship Pact, mark arrival of F-35 jets

Grow for the Green Soybean Yield Challenge slated for its 16th year

Gov. Sanders: Student proficiency scores up since LEARNS