How an Arkansas bank became one of NYC’s top lenders

Bank of the Ozarks isn't concerned about the risks, either

George Gleason of Ozarks Bank
George Gleason of Ozarks Bank

From the August issue: For the bulk of its 113-year history, Bank of the Ozarks was a small community lender with a few branches in Arkansas’ mountainous western region, from which it takes its name. But since the bank entered the New York City arena in 2012, it has become one of the most active construction lenders throughout the boroughs.

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Now, with its biggest competitors pulling back from ground-up condominium, office and hotel projects in need of debt, a growing number of major real estate players have started to call on Bank of the Ozarks as a key source of financing. [more]