Metropolitan Bank Branch Sale Closes at $1.7 Million (Real Deals)

by George Waldon  on Monday, Dec. 3, 2012 12:00 am  

A 65,000-SF warehouse in southwest Little Rock was used to secure a $3 million funding agreement.

Richards Finance Co. LLC, led by Betty Richards, obtained the one-year loan from Centennial Bank of Conway.

The 6.14-acre development at 6201 Patterson St. was acquired for $1.2 million in July 2003 from Haverty Furniture Cos. Inc. of Atlanta.

Seven-Digit Construction

Parking Deck:    $3,500,000
120 W. Fourth St., Little Rock
Clark Contractors LLC, Little Rock

Groundwater Storage Tank:    $1,510,690
50 Chenal Heights Drive, Little Rock
Natgun Corp., Grand Prairie, Texas

Arkansas Rice Depot Freezer Expansion:    $1,000,000
3801 W. 65th St., Little Rock
Nabholz Construction Corp., Conway

 

 

Please read our comments policy before commenting.
Search

Latest Arkansas Business Poll

Should the alcohol amendment remain on the ballot?