More Valley Heights Apartments Move in Bailey Buy (Real Deals)

by George Waldon  on Monday, Jun. 17, 2013 12:00 am  

The 4.52-acre Premier Health & Reha-bilitation development at 3600 Richards Road previously was used to help secure a June 2009 loan of $6.9 million from Column Guaranteed LLC of New Orleans.

The project was purchased for nearly $6.8 million four years ago from GPH North Little Rock LLC of Fort Smith.

Kids Play Mortgage

A 6.24-acre Pediatrics Plus development in west Little Rock is backed with a $2.1 million financial package.

Kids Play Properties LLC, led by Todd Denton, received the 30-year loan through Six Bridges Capital Corp. of Little Rock.

Construction of the 1900 Aldersgate Road project was funded with a March 2012 loan of $5.4 million from Delta Trust & Bank.

The land was assembled in deals totaling $981,000. The sellers are D.M. and Ida Lewis, $310,000 in February 2012, and Nabholz Inc., led by Bill Hannah, $671,000 in March 2012.



Please read our comments policy before commenting.