Scott Reed Faces New Foreclosure Over K Lofts

by Arkansas Business Staff  on Monday, Aug. 29, 2016 12:00 am   1 min read

Scott Reed’s 42,000-SF K Lofts project at 315 Main St., above, and the 3-building, 125,000-SF Main Street Lofts project at 510-524 Main St. have drawn lien claims for unpaid work by contractors. The historic redevelopments in downtown Little Rock also are many months behind schedule with unfinished construction remaining. (Karen E. Segrave)

IberiaBank of Lafayette, Louisiana, sued to recover more than $1.4 million owed on an original June 2013 loan of $1.3 million to Scott Reed's K Lofts project.

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