Full Counsel Creditors Rework Church Debt (Real Deals)

by George Waldon  on Monday, Jul. 8, 2013 12:00 am  

1800 Maple St. project in North Little Rock recovered by Regions from Joshua Ministries.

The 2.31-acre site was acquired for $1.1 million in August 2012 from Wood Crest Co. LLP, led by James P. Matthews.

Markham Plaza Buy

A 22,500-SF retail project in west Little Rock tipped the scales at $1.2 million.

MP 10500 LLC, led by Pete Hornibrook, purchased Markham Plaza at 10500 W. Markham St. The seller is Markham Plaza LLC, led by Ed Willis.

The deal is funded with a $960,000 loan from First Security Bank of Searcy.

The 2.07-acre development was bought in August 1996 from Ted Skokos for $2.14 million through Financial Centre Corp., led by Willis, John D. McCracken, and John D. McCracken Family Ltd.

Convenient Purchase

A convenience store in the Otter Creek area of west Little Rock is under new ownership after a $713,000 sale.

E-Z Mart Stores Inc. of Texarkana, Texas, acquired the project at 13420 Otter Creek Parkway from Greatstone Equities Inc., led by Frederick Albrecht.

The 1.15-acre property was purchased for $246,000 in April 1996 from Metvan Circle K Associates of Dallas.

Brownlee Acquisition

A 2,084-SF commercial project in downtown Little Rock rang up a $205,000 transaction.



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