Children's Pays $1.3 Million For Park Land (Real Deals)

by George Waldon  on Monday, Jan. 30, 2012 12:00 am  

R.L. Jones Construction Co., led by Rick Jones, purchased the project at 8212 Frenchmans Lane.

The seller is Pattycakes Playcare Inc., led by Sandra Grims.

The deal is backed with a $165,000 loan from First Security Bank. The 0.64-acre development previously was tied to an August 2010 mortgage of $165,000 held by the bank.

Pattycakes bought the property for $165,000 in August 2010 from GSDC Ltd., led by William Minton.


Edgehill Abode

A 4,539-SF home in Little Rock's prestigious Edgehill neighborhood tipped the scales at $1.34 million.

Jared and Amy Seale acquired the house from Jon and Sandra Marbaise. The deal is funded with a one-year loan of $1.28 million from One Bank & Trust of Little Rock.

The residence previously was linked with a November 2009 mortgage of $417,000 held by IberiaBank Mortgage Co. of Little Rock and $275,000 held by IberiaBank.

The property was purchased for $700,000 in June 2003 from the Charles R. Henry MD and Marguerite K. Henry revocable trusts.


Riverview Manor



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