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David Smith

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Business reporter

Business reporter

Recent Stories by David Smith

REAL ESTATE TRANSACTIONS: Longtime owners sell Little Rock apartment complex for $9.2M

updated: 03/19/2018 4:30 a.m. Discuss

Beacon Hill Little Rock LLC, a Dallas limited liability company, paid $9.2 million last month for Beacon Hill Apartments, which had the same owner for about 28 years.

Arkansas home sales start the year up 6.7%

posted: 03/17/2018 4:30 a.m. Discuss

Home sales in Arkansas were up 6.7 percent in January compared with January last year, the Arkansas Realtors Association said.

State's jobless rate stays put at 3.7%

posted: 03/13/2018 4:30 a.m. Comment 1

The annual revision of employment data by the U.S. Bureau of Labor Statistics showed that Arkansas' unemployment rate was 3.7 percent in January, the same for every month since June, the bureau said Monday.

North Little Rock apartment complex sells for $29.2M; Bass Pro Shops property sold again — for $3.5M more

updated: 03/12/2018 4:30 a.m. Discuss

Lexington Park Apartments in North Little Rock were sold to a California firm for $29.2 million last month.

REAL ESTATE TRANSACTIONS: California buyers pay $19M for west Little Rock apartment complex; Chenal retail space sells for $4.4M

updated: 03/05/2018 4:30 a.m. Discuss

RSJ Cameron, a limited liability company in Santa Cruz, Calif., plus about a dozen other entities also from California paid $19 million recently to buy The Grove at Pleasant Valley Apartments in west Little Rock.

Little Rock-based Uniti's earnings top forecast; real estate investment trust reports $22.8M profit in 4Q

posted: 03/02/2018 4:30 a.m. Discuss

Uniti Group earned $22.8 million in the fourth quarter, the equivalent of 12 cents a share, the Little Rock real estate investment trust said Thursday.

Entergy proposes cutting bills by $466M; average customer to see 18.4 percent drop if approved

posted: 03/01/2018 4:30 a.m. Comment 1

Entergy Arkansas plans to cut its customers' bills by about $466 million as a result of the federal law reducing corporate income tax rates, the electricity utility said Wednesday.

REAL ESTATE TRANSACTIONS: Pain Treatment Centers firm buys building in LR for $3.4M

posted: 02/25/2018 4:30 a.m. Discuss

PTCOA Freeway ASC, a limited liability company, spent $3.4 million to buy an Arkansas Surgery & Endoscopy Center building in Little Rock last month.

FinTech's startups evolving called finer

posted: 02/24/2018 1:59 a.m. Discuss

The quality of the startup companies applying to the Venture Center's Financial Technology Accelerator mentoring program is improving, an executive with the program said.

Little Rock-based Windstream posts $1.8B loss

posted: 02/23/2018 4:30 a.m. Discuss

Windstream Holdings lost $1.8 billion in the fourth quarter last year, down from an $87 million loss in the fourth quarter of 2016, the Little Rock telecommunications company said Thursday.






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