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David Smith

Stories by David

REAL ESTATE TRANSACTIONS: Investors group buys downtown Little Rock building, envisions commercial use

updated: 06/26/2017 4:30 a.m. Discuss

Capital Group Investors bought a 25,600-square-foot building on West Markham Street in downtown Little Rock for $700,000 last month.

REAL ESTATE TRANSACTIONS: Historic Hall, Davidson buildings in downtown Little Rock sold for $2.3M; boutique hotel planned

posted: 06/11/2017 4:30 a.m. Discuss

Rock Capital Real Estate closed on the purchase last month of the historic Hall and Davidson buildings in downtown Little Rock, completing seven months of negotiations.

Fiduciary rule to roll out for advisers

posted: 06/08/2017 2:09 a.m. Discuss

Starting Friday, financial advisers who manage retirement accounts will be required by the Labor Department to act in the best interests of their clients.

Most disengaged on job, council told

posted: 06/06/2017 2:02 a.m. Discuss

About 70 percent of workers are disengaged in their jobs and their employers need to address the problem, a former plant manager for Caterpillar in North Little Rock said Monday.

REAL ESTATE TRANSACTIONS: After $45.8M purchase, buyer says no big changes planned for west Little Rock property

updated: 06/05/2017 4:30 a.m. Discuss

The recent $45.8 million purchase of a west Little Rock office park of six buildings came with scant plans for changes to the property, one of the Dallas-based buyers said.

REAL ESTATE TRANSACTIONS: West Little Rock shopping center sold for $4.5M

updated: 05/30/2017 4:30 a.m. Discuss

Markham and Shackleford LLC paid nearly $4.5 million last month to buy the West Chase Plaza shopping center at 301 N. Shackleford Road in Little Rock.

5 firms in state honored for trade

posted: 05/25/2017 2:10 a.m. Discuss

John Sinclair was hired by Lycus Ltd., an El Dorado maker of ultraviolet light absorbers, in 1996 to handle the company's finances.

Little Rock bank revises 1Q loss to $7.8M

posted: 05/23/2017 4:30 a.m. Discuss

Heartland Bank lost $7.8 million in the first quarter, giving it $15.7 million in losses in the past five quarters, the Little Rock bank said in an amended first-quarter report with federal regulators on Friday.

REAL ESTATE TRANSACTIONS: Printer, apartment complex, store change hands; Little Rock port buys 2 tracts

updated: 05/22/2017 4:30 a.m. Discuss

The Watkins Co. of Little Rock sold its 12.7-acre site in the Otter Creek Industrial Park to Indian Bayou Farms LLC last month.

State jobless rate dips to 3.5%, U.S. says

updated: 05/20/2017 3:22 a.m. Discuss

Arkansas' unemployment rate continues to drop, hitting 3.5 percent in April compared with 3.6 percent in March, a record low for the fourth-straight month, the U.S. Bureau of Labor Statistics said Friday.

40 acres on North Little Rock riverfront purchased for mixed-use development

posted: 05/19/2017 4:30 a.m. Comment 1

An architect and developer has purchased about 40 acres near the Arkansas River in North Little Rock with plans to build a mixed-use development.

REAL ESTATE TRANSACTIONS: Main Street Lofts building in Little Rock sold to Arizona developer

updated: 05/15/2017 4:30 a.m. Discuss

Developers are taking another shot at renovations to property on Main Street in Little Rock.

Startups getting Little Rock tech stimulus

posted: 05/11/2017 4:30 a.m. Comment 1

Two companies from New York, one from Mexico City and one from Little Rock are among the 10 early-stage businesses chosen for the second Financial Technology Accelerator program, the Venture Center said Wednesday.

Stone Bank branch goes ... not live

posted: 05/07/2017 1:55 a.m. Discuss

The predecessor to Stone Bank in Mountain View wrestled with a federal cease-and-desist order for five years, but the bank now is at the forefront of banking technology in Arkansas.

Entergy CEO says future holds no new coal plants

posted: 05/06/2017 1:49 a.m. Discuss

Entergy Corp. doesn't expect to build any new coal-fired power plants, its chairman and chief executive officer said in an interview Friday after the New Orleans-based utility completed its annual shareholders meeting in Little Rock.

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