LR developer's defaults mount | Arkansas Blog

Monday, June 15, 2009

LR developer's defaults mount

Posted By on Mon, Jun 15, 2009 at 10:04 AM

Arkansas Business reports $17 million in loan defaults by Steve Clary, a Little Rock developer behind the Shackleford Crossings shopping center. None of the loans in default are guaranteed by that shopping center, but the newspaper reports that Clary has pledged future income from that development to some of the loans.

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