Commercial shakeout; splits, alliances and bankruptcies dot the Little Rock real estate market.
Arkansas Business › September 07, 1992
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Summary
Industry Overview
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Commercial shakeout; splits, alliances and bankruptcies dot the Little Rock real estate market.
More than five years have passed since the Tax Reform Act of 1986 began radically altering the landscape of commercial real estate firms.
Familiar old-line Little Rock companies like Block Realty and Fausett & Co. vaporized in the financial pressure cooker of foreclosure suits and bankruptcy filings. The impact of insolvent banks and thrifts in the nationwide real estate crash is still sending ripples throughout the local market, too. ...See the full content of this document
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