1 Way Bank of the Ozarks Breaks the Rules
Over the past five years, Bank of the Ozarks (NASDAQ: OZRK) has grown incredibly fast. It's done so by financing large commercial real estate projects in virtually every major metropolitan area in the country.
Bank of the Ozarks has been called the "only show left in town" in New York City. It's the "lender of choice for developers doing the largest deals" in Chicago. It has "funneled more money into Nashville's construction boom than any lender around in recent years." And it has developed a reputation in Miami as "one of the most aggressive in issuing construction loans to Miami condo developers."
The Little Rock-based bank has made real estate loans in 41 states. Of the 20 biggest metropolitan areas in the country, it's financing major commercial real estate projects in all of them, with the exception of Detroit.
Source: Fool.com
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