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



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