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

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

The 5.25-acre ABC Block Co. development at 6902 Brodie Lane previously was used to help secure a March 2007 mortgage of $1.55 million held by the bank.

Newoods acquired the property from the estate of Gary Allen Woods in March 1995 for $165,000.


Retail Financing

A Dollar General Store project in North Little Rock is backed with an $895,875 mortgage. PB General Holdings Pike LLC, led by Leonard Boen, got the five-year loan from Summit Bank of Arkadelphia.

The 0.81-acre development at the southwest corner of Pike Avenue and West Short 17th Street previously was tied to a June 2011 mortgage of $838,200 held by the bank.

The location was purchased for $198,800 seven months ago from the city of North Little Rock.


Medical Loan

Medical office space in west Little Rock was refinanced with a $722,373 funding agreement.

APS Properties LLC, led by Kris Shewmake, obtained the seven-year loan from First Federal Bank of Harrison.

The 5,600-SF location on the fifth floor of the Hickingbotham Outpatient Center at 9500 Kanis Road previously was linked with a September 2008 mortgage of $900,000 held by Pulaski Bank of Little Rock.

The office space on Baptist Health's west Little Rock campus was bought more than three years ago for $886,000 from Hermitage Partners LLC, led by Chris Cate.



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