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Top Picks - Capture Arkansas

Going for Broke
RSS for Going for Broke

Over the past two decades, fortunes were made and lost in Northwest Arkansas' real estate and development market. The region, dubbed the "economic engine of Arkansas," grew as developers and builders reshaped the rural landscape.

Boom to bust

posted: 01/22/2012 midnight Discuss

In 1999, the Tunbridge Wells subdivision in west Bentonville had been given up for dead. Three years earlier, the original developer declared bankruptcy.

Rebuilding himself

posted: 07/31/2011 midnight Discuss

For years, Rogers architect and developer Collins Haynes tried to avoid bankruptcy and pay his debts. In July 2010, he gave in.

Full circle

posted: 04/17/2011 midnight Discuss

Brandon Barber proved himself willing to gamble on real estate and with high-stakes games of chance in Las Vegas casinos.

Downtown dreamer

posted: 01/23/2011 midnight Discuss

Richard Alexander earned a reputation for his deft touch at renovating historic properties and making them profitable.

Banking on revenge

posted: 12/12/2010 midnight Discuss

Tom Terminella says it was banks, not developers, who acted recklessly prior to the peak of Northwest Arkansas’ residential building boom in the mid-2000s.

Taking it to the banks

posted: 10/17/2010 6 a.m. Comment 1

When the construction boom began to fizzle in 2007, high-profile developer Gary Combs sought and found relief through legal channels.

Blinded by optimism

posted: 09/26/2010 6 a.m. Comment 1

Ben Israel made his mark as an optometrist, then amassed even greater wealth as a high-profile developer. But like others, he was in too deep when the recession hit.

Down from the Pinnacle

posted: 09/12/2010 midnight Discuss

Bill Schwyhart was once a powerful force in real estate development. Today, he and his former business partners are embroiled in lawsuits and foreclosures.

Schwyhart’s trajectory in business got early start

posted: 09/12/2010 midnight Discuss

Bill Wayne Schwyhart’s birth certificate lists his parents’ address as the Star Motel in Stockton, Calif.

Executive aviation dream grounded after partners split, sue

posted: 09/12/2010 midnight Discuss

Pinnacle Air, the executive jet charter service that was once the pride of Bill Schwyhart’s investment empire, was grounded in 2008 after a disastrous merger with Aspen Executive Air.

Leap into cutting-edge technology proves costly for investors

posted: 09/12/2010 midnight Discuss

With luxury car sales behind him, Bill Schwyhart jumped headlong into other investments in Northwest Arkansas.

Building a Village

posted: 08/29/2010 5 a.m. Comment 1

Not one to mince words, Carmen Lehman calls the inspiration that led to the creation of Village on the Creeks, an innovative $30-million development in Rogers, “divine stupidity.”

Risk to ruin

posted: 07/25/2010 6:07 a.m. Comment 1

The aggressive lending of ANB Financial pushed the value of Lynn Alexander’s stock in the bank to $600,000.

Confident to a fault:

posted: 07/04/2010 7:32 a.m. Discuss

At a business gathering in mid-2006, Jeff Collins offered some sobering statistics about Northwest Arkansas’ previously red-hot housing market.






Top Picks - Capture Arkansas
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