Arkansas Children's Hospital Expands Holdings In $1.8 million Acquisition (Real Deals)

by George Waldon  on Monday, Dec. 14, 2009 12:00 am  

Markham Square Holdings assumed an April 2006 loan of $1.57 million made by Column Financial Inc. of New York.

Markham Square LLC bought the 2.37-acre development in February 2002 from William Goolsby for $1.95 million.

Apartment Acquisition

A small apartment project in North Little Rock is under new ownership after a $575,000 sale.

Rainwater Holt & Sexton Properties LLC, led by Michael Rainwater, James Holt and Robert Sexton, purchased the 10860 and 10900 Frenchmen Loop project. The seller is Parker Rental Properties LLC, led by Toby Parker.

The deal is backed with a five-year loan of $517,500 from Little Rock's Bank of the Ozarks. The 0.9-acre development previously was tied to a pair of $272,000 mortgages held by the bank.

The location was acquired for $120,000 in August 2005 from Country Club Development LLC, led by John Wright.

Shadowlawn Home

A 5,000-SF home near the Country Club of Little Rock rang up a $1.1 million sale.

Brett Barnett acquired the house from Thomas and Cecille Rose. The deal is funded with a $312,500 mortgage from the Rose family.

The residence previously was linked with a September 2003 mortgage of $239,350 held by GMAC Mortgage Corp. of Worsham, Pa.

The property was bought for $365,000 in June 1993 from Richard Watts and Alice Watts.



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