The most prolific lender to Manhattan property developers isn’t Wells Fargo or Citigroup or any of the other big global banks. It is Bank OZK, which not that long ago was an obscure lender from Little Rock, Ark.
The most prolific lender to Manhattan property developers isn’t Wells Fargo & Co. or Citigroup Inc. or any of the other big global banks. It is Bank OZK , which not that long ago was an obscure lender from Little Rock, Ark.
The bank has become one of the country’s most aggressive financiers of skyscraper construction. OZK’s chief executive, George Gleason, said on a recent earnings call that the lender could issue its biggest ever construction mortgages in 2022.
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