California Company Buys 600 Acres Near Keo

by Arkansas Business Staff  on Monday, Apr. 16, 2018 12:00 am   1 min read

Farmland in Lonoke County and residential property in Saline County form this week’s pairing of multimillion-dollar real estate transactions.

♦ Chaney Farm LLC, led by David Chaney and Carolyn Clements, sold more than 602 acres about 3.3 miles north of Keo for $2.8 million.

Buyer? Scarlet Alpha II LLC, an affiliate of San Francisco’s Homestead Capital.

♦ Rausch Coleman Silver Springs LLC, an affiliate of Fayetteville’s Coleman Homes, purchased 48 lots in the Benjamin Grove project on the western edge of Bryant for $1.5 million.

Seller: Thomas DB Collins Ltd., led by Phillip Pengelly.



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