Arkansas Business articles from May 2003

Arkansas Business archives from May 2003

Stephens returns to top of private companies list.(Stephens Group Inc. )
May 5, 2003... THE GOOD NEWS IS A FIRM actually headquartered in Arkansas, Stephens Group Inc. of Little Rock, has returned to the top of Arkansas Business' list of the state's 75 largest private companies ranked by revenue. The bad news is that...

TCBY presence fades from LR: frozen yogurt company's sales, stores off since sale.
May 5, 2003... JUST LAST WEEK, ANOTHER CUSTOMER stepped up to the counter and asked TCBY franchise owner Bill Damrow if he too would be closing the doors of his frozen yogurt shop. Damrow, who owns the last free-standing TCBY in Little Rock at 11418 W....

Dixie Cafe plans upgrades, expansions.
May 5, 2003... DIXIE RESTAURANTS Inc., operator of The Dixie Cafe, is Arkansas' home-grown chain of down-home restaurants. And it plans to keep growing, according to Frank Battisto, who was promoted to president and chief operating officer in January. ...

Milestone. (Whispers).
May 5, 2003... At the risk of sounding like Willard Scott, the Whispers staff would like to wish a happy 80th birthday to William H. Bowen, the retired CEO of First Commercial Corp. and namesake of the law school at the University of Arkansas at Little Rock....

NLR unplugged. (Whispers).
May 5, 2003... First Electric Cooperative Corp. of Jacksonville has won a 40-year franchise agreement to provide energy to a new, mostly residential 1,900-acre development in Sherwood. Off Highway 107 on the city's north side, the development's first...

Case closed. (Whispers).
May 5, 2003... Jensen Motors Inc. of Cabot: has said it is square with the defunct Arkansas Auto Auction. If you remember, Jensen was stuck with $11,775 worth of hot checks after Arkansas Auto sold three of Jensen's cars last May. Jensen sued in...

You can't beat city hall. (Whispers).
May 5, 2003... Little Rock businessman Anthony Michael lost his bid to keep his restaurant opened later. Michael wanted his Cross-Eyed Pig at 1717 Rebsamen Park Road, which is also the location of his private club Costello's, to stay open until 11 p.m....

Retirement woes. (Whispers).
May 5, 2003... Marshall Schuster's retirement isn't starting off well. He's being sued by a local TV station for not paying his advertising bills. KATV LLC of Little Rock filed suit against Schuster and his companies - R&M Advertising and Schuster's Home...

Mistaken identity. (Whispers).
May 5, 2003... The theft of a Pulaski County woman's wallet on Sept. 27, 2000, marked the beginning of her problems. April Cook's wallet contained a book of checks from her account at a Little Rock Regions Bank. Although she says she reported the...

Corrections.
May 5, 2003... Hans Hoyer's title at Heifer International was chief operating officer, not chief executive officer as reported in the April 28 issue of Arkansas Business. Mike Francis of KARK-TV, Channel 4, won the best large-market weather TV broadcast...

Session musings. (Editorial).
May 5, 2003... BY THE TIME YOU READ THIS, the special session to deal with the state's budget over the next two years probably will be under way. Already there's speculation over whether the legislators will be as acrimonious as when the extended 94-day...

Letter.
May 5, 2003... 'Shadow Work Force' An editorial in your March 3 issue, "Economic Foresight," makes a great deal of sense. There is no doubt that Arkansas needs programs like Gov. Mike Huckabee's economic development package to help the state compete with...

Gone fishin'. (Editor's Note).
May 5, 2003... WHAT DO YOU KNOW about that? Bass Pro Shops is, in fact, willing to make a profit in Arkansas even without having a special tax break written into state law. Despite what we were told by Tommy Hodges, the Otter Creek developer who wanted...

Mortgage lending. (Real Deals).(Brief Article)(Illustration)
May 5, 2003... Mortgage Lending January-February 2003 Mtg./ Mtg. value Mortgage dep. * (millions) Volume BancorpSouth Bank + 27.96% $24.89 158 Bank...

Complex transaction. (Real Deals).(apartment complex)(Brief Article)
May 5, 2003... A 141-unit apartment complex in little rock changed hands in a $4 million deal. Chateau West Apartments LLC, led by William Tull, bought its namesake project at 6310 Asher Ave. The seller is Winn Revocable Management Trust, led by James...

Complex transaction II. (Real Deals).(Brief Article)
May 5, 2003... A North Little Rock apartment project drew a $2.5 million sales price. Carl Schultz and Cynthia Knoerr purchased[ the 104-unit Protho Manor Apartments complex at 1909 Hwy. 161 from Myrtle Henry. Henry financed the entire purchase price....

Church's purchase. (Real Deals).(Church's Fried Chicken location is sold)(Brief Article)
May 5, 2003... A fast-food project in west Little Rock is under new ownership after a $350,000 deal. Maximus QSR LLC of Houston, led by Michael Knobelock, acquired the Church's Fried Chicken location at 8815 Kanis Commercial Drive. The seller is GEF 98-C...

Chimney Rock abode. (Real Deals).(Brief Article)
May 5, 2003... A 4,754-SF home in North Little Rock's Chimney Rock neighborhood sold for $600,000. Michael and Rhonda Marlar bought the house from Alvin Schultz. The residence previously was linked with an April 1999 mortgage of $297,000 held by Central...

Cendant home. (Real Deals).(Cendant Mobility Financial Corp. buys house)(Brief Article)
May 5, 2003... A 5,337-SF home in west Little Rock's Ridge neighborhood rang up a $516,000 deal. Cendant Mobility Financial Corp. of Danbury, Conn., purchased the house from Placido and Lourdes Martinez. The residence previously was tied to a January...

Ashley Square loan. (Real Deals).(Brief Article)
May 5, 2003... The owner of a west Little Rock retail center landed a $2.1 million financial package. Square Associates, J.D. Ashley Sr., Rick Ashley and Stuart Hankins, obtained the financing from Metropolitan National Bank of Little Rock. The...

Club financing. (Real Deals).(Brief Article)
May 5, 2003... A country club in Maumelle secured a $1.5 million funding agreement. Maumelle Country Club received the three-year loan from Twin City Bank of North Little Rock. The 232-acre project previously was tied to a November 1993 mortgage of...

Auto Mall funding. (Real Deals).(Brief Article)
May 5, 2003... The owner of a 24,000-SF retail center in west Little Rock snagged a $1.5 million loan. West Markham Auto Mall Properties; led by Lundy Colvert and McMullin Family LLC (Carleton and Beth McMullin), picked up the mortgage from Regions Bank...

Flag financing. (Real Deals).
May 5, 2003... The owner of a downtown Little Rock business obtained a $1.1 million financial package. Downtown Complex LLC, led by Kerrin McCoy, received a 10-year loan of $650,000 split between Twin City Bank and Arkansas Capital Corp. of Little Rock...

Church mortgage. (Real Deals).
May 5, 2003... A North Little Rock congregation picked up a $656,000 mortgage. Park Hill Christian Church secured the five-year loan from Twin City Bank. The 1.8-acre development at 4400 John E Kennedy Blvd. previously was linked with an October 2001...

Industrial loan. (Real Deals).(Brief Article)
May 5, 2003... An industrial property in .east Little Rock is backed with a $700,000 funding agreement. Arkansas Mechanical Services Inc., led by Arthur Delanno, received the five-year loan from National Bank of Arkansas in North Little Rock. The...

Interstate Group to open Conway plant. (Industry).
May 5, 2003... Interstate Group of Phoenix will begin manufacturing cargo trailers in Conway. The company will be housed in several buildings on a 16-acre portion of the former Spirit Homes facility at McNutt Road and Highway 60. The plant is expected...

Stephens analyst tops StarMine rankings. (Banking & Finance).(Brief Article)
May 5, 2003... Dan Moore, vice president and trucking analyst with Stephens Inc., has been named the top analyst in the road and rail sector, according to results of the StarMine 2002 annual survey of analysts' performances for North America. StarMine is...

Settlement nets $4 million for securities agency. (Inside Business).(in Arkansas)(Brief Article)
May 5, 2003... Arkansas stands to get $4 million from a settlement last week between 10 Wall Street investment firms and securities regulators. It's the state's part. of a $1.4 billion agreement that arose from allegations of conflict of interest at...

MasterCard settles with Wal-Mart, others. (Inside Business).(Brief Article)
May 5, 2003... MasterCard International has settled a lawsuit with Wal-Mart Stores Inc and other retailers over its debit card policies. A New York judge originally prevented the parties from talking publicly about settlement details, but later reports...

Pickens says new law protects insurance buyers. (Insurance).(Arkansas Insurance Commissioner Mike Pickens)(Brief Article)
May 5, 2003... Act 1452, passed during the recent legislative session, will give insurance consumers stronger protection in the use of credit information and credit scoring when buying and renewing insurance coverage, said State Insurance Commissioner Mike...

Tyson Foods reports earnings increase. (Public Company Reports).(Brief Article)
May 5, 2003... A vitamin antitrust litigation settlement helped Tyson Foods Inc. post a second-quarter earnings increase. The Springdale company had $72 million in net income for the period ended March 29, compared with $65 million in the same period...

P.A.M. CEO receives $180,000 bonus. (Public Company Reports).(P.A.M. Transportation Services Inc.)(Brief Article)
May 5, 2003... Robert Weaver, president and CEO of P.A.M. Transportation Services Inc., received a bonus of $182,310 for fiscal 2002, the trucking company reported in a proxy filed with the Securities and Exchange Commission. Weaver also took home a...

Arkansas Best gets $71.3 million in deal. (Public Company Reports).(Brief Article)
May 5, 2003... Arkansas Best Corp. has completed the sale of its 19 percent ownership interest in Wingfoot Commercial Tire Systems LLC to the Goodyear Tire & Rubber Co. Arkansas Best said it sold its interest to Goodyear for $71.3 million. Arkansas Best...

WRMC reaches out for Neonatal Intensive Care. (NW Journal).(Washington Regional Medical Center)(Brief Article)
May 5, 2003... Washington Regional Medical Center, Arkansas Children's Hospital and the Department of Pediatrics at the University of Arkansas for Medical Sciences are collaborating to make the WRMC Neonatal Intensive Care Unit an extension or satellite of...

UA gets probation; avoids postseason ban. (NW Journal).(University of Arkansas)(Brief Article)
May 5, 2003... The NCAA announced it has placed the University of Arkansas on three years' probation, reduced the number of paid visits for recruits and added to the UA's self-imposed scholarship reduction in football. But it included no postseason bans. ...

Walker Foundation gives $8 million for UA building. (NW Journal).(Brief Article)
May 5, 2003... The Willard and Pat Walker Charitable Foundation has pledged to provide $8 million to the University of Arkansas in Fayetteville toward construction of the $16 million Willard J. Walker Graduate Business Building. The remaining $8 million will...

Tom Coughlin, 53, who heads the Wal-Mart Stores and Sam's Club divisions of Wal-Mart Stores Inc., has been promoted to vice president and vice chairman. (Business Briefs).(Brief Article)
May 5, 2003... Tom Coughlin, 53, who heads the Wal-Mart Stores and Sam's Club divisions of Wal-Mart Stores Inc., has been promoted to vice president and vice chairman. He adds responsibility for key support functions such as logistics, real estate development...

John A. Riggs IV, president of J.A. Riggs Tractor Co. of Little Rock, has been elected a trustee of the George W. Donaghey Foundation. (Business Briefs).(Brief Article)
May 5, 2003... John A. Riggs IV, president of J.A. Riggs Tractor Co. of Little Rock, has been elected a trustee of the George W. Donaghey Foundation. He replaces Dan Phillips, who has retired after serving as a trustee for 42 years. The foundation was founded...

Tyson Foods Inc. has begun phasing out operations at its Berlin. (Business Briefs).(Brief Article)
May 5, 2003... Tyson Foods Inc. has begun phasing out operations at its Berlin, Md., poultry complex, which employs about 650 workers, with an eye on closing the plant by the end of the year to "create more efficient uses of the operating capacity" of other...

ContourMed Inc. (Business Briefs).(Brief Article)
May 5, 2003... ContourMed Inc. of Little Rock was recently named one of the winners of the sixth-annual Medical Design Excellence Awards competition. ContourMed was the only prosthetic manufacturer selected for the award for its Advantage prosthesis, which...

Retired Gen. Wesley K. Clark, 58, has been named chairman of the board of WaveCrest Laboratories of Dulles, Va., a technology company specializing in electric propulsion systems. (Business Briefs).(Brief Article)
May 5, 2003... Retired Gen. Wesley K. Clark, 58, has been named chairman of the board of WaveCrest Laboratories of Dulles, Va., a technology company specializing in electric propulsion systems. The former NATO supreme allied commander in Europe and chief...

The Coalition for Well-Informed Consumers has launched an online resource for information on mortgage research. (Business Briefs).(Brief Article)
May 5, 2003... * The Coalition for Well-Informed Consumers has launched an online resource for information on mortgage research. Designed by Dynamic North America of Little Rock, the Web site, www.wellinformed.org, offers a look at the proposed Mortgage...

Arkansas business list: largest 75 private companies; ranked by 2002 revenue of Arkansas-based, Arkansas-owned private companies.(Directory)(Illustration)
May 5, 2003... ARKANSAS BUSINESS LIST: LARGEST 75 PRIVATE COMPANIES Ranked by 2002 revenue of Arkansas-based, Arkansas-owned private companies Company Address, Phone, Fax Chairman, CEO or ...

IntelliMark gets ready for inevitable turnaround in IT sector.
May 5, 2003... INTELLIMARK HOLDINGS INC. picked up a bargain when it acquired a Florida information technology staffing company last year but won't feel the full benefit until companies finally start to invest again in IT products and services, company...

New radio stations, auto dealers bump crain to no. 27.
May 5, 2003... AFTER PURCHASING SEVERAL radio stations, in vesting in additional real estate and acquiring a car dealership last year, Grain Management Group LLC got a $72 million revenue boost in 2002. The Little Rock company increased its revenue from $140...

Weak economy cuts into sales at Carlton-Bates.
May 5, 2003... FOR THE FIRST TIME IN HIS life, Bill Carlton has had to face a season of declining revenue. The president and CEO of Carlton-Bates Co. of Little Rock, an electrical components supplier, said revenue declined to $186 million last year after...

Revenue growth not so perfect for Perfect 10 Antenna.
May 5, 2003... ON ITS SURFACE, A ROUGHLY 25 percent revenue surge to about $200 million sounds like a bang-up 2002 business year. But for Terry Fleming, CEO of Perfect 10 Antenna Co. of Little Rock, there's a bit of a lead lining in those lofty clouds....

2002 revenue produces Baldwin & Shell's best ever.
May 5, 2003... REVENUE ROSE BY MORE than a third during 2002 at Baldwin & Shell Construction Co. The Little Rock contractor enjoyed its best year ever, with $90.8 million in sales -- enough to move from No. 75 to No. 62 on the list of Arkansas' largest...

Furniture Medic. (New Businesses).(Brief Article)
May 5, 2003... Owner: Patrick Puckett Address: #1 W Avalon, North Little Rock 72118 Phone: (501) 951-0767 Hours: 9 a.m.-5 p.m. Monday-Friday Startup: March 31 Home and office furniture can be easily damaged by normal everyday wear and...

Curves for women West Little Rock. (New Businesses).
May 5, 2003... Owner: Tammy Ruppel Address: 301 N. Shackleford D-1, Little Rock 72211 Phone: (501) 975-7877 Hours: 7 a.m.-1 p.m., 3:30-7 p.m. Monday-Friday, 8 a.m.-noon Saturday Startup: Feb. 17 Web site: www.curvesinremational.com ...

CFS Direct. (New Businesses).(new wholesale loan banking subsidiary of Colorado Federal Savings Bank)
May 5, 2003... Owners: Steve Gray, Joe Trujillo Address: 10825 Financial Centre Parkway, Suite 117, Little Rock 72211 Phone: (501) 228-7700 Hours: 8 a.m.-5 p.m. Monday-Friday Startup: Dec. 1, 2002 Web site: www.e-cfs.com CFS...

Calendar.
May 5, 2003... MAY * 6-SBA Loan Program Workshop Sponsor: University of Arkansas Small Business Development Center Time: 1-3 p.m. Location: Genesis Technology Incubator, 700 Research Center Blvd., Fayetteville For more information, call...

Accounting. (Movers & Shakers).
May 5, 2003... Keith Ekensair has joined Moore Stephens Frost of Little Rock, an affiliate of MSF Financial Group, as an audit member. Nathalie Brunell joined the firm as an audit manager, and Melba Matthews was hired as an administrative assistant. U.S....

Business services. (Movers & Shakers).
May 5, 2003... Darrell Amy has joined Standard Business Systems of Little Rock as sales director.

Construction. (Movers & Shakers).
May 5, 2003... Cindy Moody has joined Nabholz Construction Corp. in Conway as a marketing assistant. Tina Huckleberry has joined Nabholz as pre-construction assistant for Ozark operations.

Education. (Movers & Shakers).
May 5, 2003... Robert A. Young III, president and CEO of Arkansas Best Corp. in Fort Smith, recently presided over his final meeting as chairman of the board of trustees at Lyon College in Batesville. Young will remain on the board for three years. Frank Lyon...

Health care. (Movers & Shakers).
May 5, 2003... Tammy Gavin, assistant administrator for managed care and ancillary services for White River Health System in Batesville, has advanced to fellow status in the American College of Healthcare Executives. Elizabeth Karpoff is the new director...

Stock summary.
May 5, 2003... STOCK SUMMARY Arkansas Public Company Stocks 4/30/03 Weekly YTD 52-Week Close Change Change High Acxiom Corp. (ACXM) ...

Making a play. (Outtakes).(new magazine, Powerplay)(Brief Article)
May 5, 2003... Darren Peters conceived the idea some six years ago: an Arkansas-oriented magazine for the African-American community. It's taken time, fund-raising, planning and staff building, but the embodiment of that dream finally hit newsstands this...

New Jonesboro paper. (Outtakes).
May 5, 2003... A new newspaper in jonesboro is serving a growing Latino population in the northeast Arkansas/southeast Missouri area. El Periodico Hispana, translating as The Hispanic Newspaper, is tapping into a regional Spanish-language market that...

KARK-TV. (Moving).
May 5, 2003... Ginger Daril, recently departed news director at KARK-TV, Channel 4, has joined Arkansas Children's Hospital's public relations department.

University of Arkansas. (Moving).
May 5, 2003... Charles A. Crowson, class of 1997, has returned to the University of Arkansas at Fayetteville as manager of media relations after nearly three years at Joplin, Mo.'s KSNF-TV, Channel 16.

Exemption allows Stephens to advise, buy school bonds.
May 12, 2003... AN EXEMPTION GRANTED by state Securities Commissioner Michael Johnson will give Stephens Inc. of Little Rock more opportunities to profit from the many new school bonds that will be issued in Arkansas this year. Johnson said the primary...

CFOex steers Cannon away from disaster.
May 12, 2003... CANNON EXPRESS INC. was about out of fumes. Two days before the truckload carrier would have gone broke, a three-man strike team from CFOex Inc. was called in to attempt a corporate turnaround. That was Aug. 19, and the Springdale company is...

Cabot's Community Bank rebounds from loan losses.(Tracy French named chief executive)
May 12, 2003... TRACY FRENCH STEPPED IN AS chief executive officer at Cabot's Community Bank in a career move that could be described as advancement through adversity. The opportunity to lead the $299 million-asset, financial institution came after...

Rescue redevelopment. (Whispers).(Brief Article)
May 12, 2003... Did you know a deal is in the works to redevelop the old Dillard's headquarters in downtown Little Rock? The Union Rescue Mission hopes to finalize a purchase of the 120,600-SF building at 900 W Capitol Ave. The property includes 150...

Retail banking. (Whispers).(Arvest Bank Group Inc. will acquire former home of Target in west Little Rock, Arkansas)(Brief Article)
May 12, 2003... Speaking of empty commercial space, have you heard about a deal to fill the former home of Target in west Little Rock? We understand that Arvest Bank in Little Rock has struck a deal to buy the location from the Doyle Rogers Co. When...

Air ball. (Whispers).(Corliss Williamson contract case)(Brief Article)
May 12, 2003... Maybe you heard that former Little Rock sports agent Elbert Crawford sued the Sacramento Kings in Los Angeles County Superior Court over the Corliss Williamson contract. But what you might not have known was the case was recently...

Under new management. (Whispers).(Brief Article)
May 12, 2003... The stare's largest pension fund has selected a new property manager for three of its Little Rock properties. Arkansas Teacher Retirement System chose Irwin Saviers & Ballard LLC of Little Rock to manage its 45,000-SF headquarters at 1400...

He said a mouthful. (Whispers).(Brief Article)
May 12, 2003... May 5 marked the first anniversary of a curious legal settlement between Golf Entertainment Inc. of Springdale (aka Sienna Broadcasting Corp.) and an entity called Genesis Trust. The settlement resulted in the transfer of control of the...

Cuts and hikes. (Editorial).(George W. Bush, tax policy)(Editorial)
May 12, 2003... PRESIDENT BUSH STOPPED off at Little Rock last week just long enough to put some pressure on Sen. Blanche Lincoln, D-Ark., to vote for his $550 billion tax cut plan. Meanwhile, only blocks away, Gov. Mike Huckabee was urging a special...

Smoking guns. (Publisher's Note).( R.J. Reynolds Tobacco Co. advertisement)(Column)
May 12, 2003... LOBBYTNG EFFORTS ALWAYS bring out the worst in tobacco companies. A newspaper advertisement purchased by R.J. Reynolds Tobacco Co. offered "straight talk about the cigarette tax scheme." The terms used to describe the Arkansas General...

When experts go wrong. (On Marketing).(Column)
May 12, 2003... IT'S EASY TO HAVE A SNICKER at the expense of so-called experts. Some forecasts we heard and read concerning a war in Iraq were so outrageously wrong that you have to wonder who hands out "expert" labels. On the other hand, some experts come up...

Retail project. (Real Deals).(Weston Square L.L.C. purchases property from Parkway Properties Ltd.)(Brief Article)
May 12, 2003... A west Little Rock retail development is in the works after a $3.1 million land deal ($5.50 per SF). Weston Square LLC, led by Richard Ashley and Stuart Hankins, bought about 13 acres from Parkway Properties Ltd. II, led by William Daniel...

Clinical condo. (Real Deals).(Baptist Health purchases Cardiac Diagnostic Clinic space on third floor of Doctors Park Building)(Brief Article)
May 12, 2003... Medical office space in west Little Rock rang up a $1 million deal. Baptist Health purchased the Cardiac Diagnostic Clinic space on the third floor of the Doctors Park Building at 9600 Lile Drive from Cardiac Diagnostic Clinic Partnership,...

Acreage acquisition. (Real Deals).(Lee and Martha Kierre acquire land from Ron Campbell)(Brief Article)
May 12, 2003... About 55 acres in northwest Pulaski County changed hands in a $385,000 deal. Lee and Martha Kierre acquired the land from Ron Campbell. The property, now backed by a $462,000 loan from National Bank of Arkansas in North Little Rock, is...

Partnership buyout. (Real Deals).(Patrick Malmstrom purchases property)(Brief Article)
May 12, 2003... Ownership of a 2.6-acre property in west Little Rock was consolidated in a $275,000 deal. Patrick Malmstrom bought sole ownership of the 11610 Kanis Road location from Danny White. The deal is backed with a two-year loan of $500,000...

Mini multifamily. (Real Deals).(Public Notice)
May 12, 2003... A small apartment project in downtown Little Rock rang up a $200,000 deal. Angela Murray purchased the 1004 Scott St. property from Brady Venture Investments Inc., led by Sean Brady. The deal is financed with a $255,000 loan from...

Overlook abode. (Real Deals).(Public Notice)
May 12, 2003... A 4,306-SF home in west Little Rock's Overlook Park neighborhood is under new ownership after a $514,000 deal. John and Greta Wright acquired the house from Paul and Holly Tharp. The deal is backed with a 30-year loan of $411,200 from...

Chimney Rock house. (Real Deals).(Public Notice)
May 12, 2003... A 5,205-SF home in North Little Rock's Chimney Rock neighborhood sold for $510,000. Sonia Worsham bought the house from Michael and Rhonda Marlar. The deal is financed with a 15-year loan of $510,000 from Regions Mortgage Inc. of...

Clinic mortgage. (Real Deals).(Public Notice)
May 12, 2003... A west Little Rock clinic is backed with a $3.5 million funding agreement. AOC Realty LLC, led by Dr. Guy Gardner Jr., obtained the five-year loan from One Bank & Trust of Little Rock. The three-acre Arkansas Otolaryngology Clinic...

Financial timber. (Real Deals).(Brief Article)
May 12, 2003... Forty acres in south Pulaski County were used to help secure a $1 million financial package. Stone Timber Co. of Camden, led by Matt Stone, received the seven-month loan from First State Bank of Warren. The company acquired the timber...

Med financing. (Real Deals).(Public Notice)
May 12, 2003... A medical office project is financed with a $900,000 mortgage. Aldersgate Property LLC, led by Gary Tharp, secured the five-year loan from the Gastroenterology Associates PA Retirement Plan Trust. The 1.3-acre Arkansas Psychiatry &...

Lubavitch funding. (Real Deals).(Public Notice)
May 12, 2003... A commercial property in west Little Rock was refinanced with a $700,000 mortgage. Lubavitch of Arkansas Inc., led by Pinchus Ciment, landed the nine-month loan from Community Bank of Cabot. The 7.4-acre property at 11905 Fairview Road...