NLR Hilton Garden Inn Draws $13.1 Million Sale (Real Deals)

by George Waldon  on Monday, Dec. 16, 2013 12:00 am  

Hilton Garden Inn at 4100 Glover Lane in North Little Rock. (Jason Burt)

Chad and Meredith Causey acquired the house from Jay Brainard Jr. and his wife, Sally.

The deal is funded with a 20-year loan of $330,000 from IberiaBank of Lafayette, La. The residence previously was tied to a November 2011 mortgage of $417,000 held by First Security Bank.

The Brainards bought the property for $515,000 in January 2010 from Alex and Jane Gillespie.

ACC Condo

A 1,635-SF condo in downtown Little Rock rang up a $500,000 transaction.

Tribecca LLC, led by Elizabeth Campbell, purchased the sixth-floor unit in the Arkansas Capital Commerce Center at 200 River Market Ave. from the Thomas F. Shock Trust.

The condominium previously was linked with a March 2011 mortgage of $260,000 held by Arkansas Federal Credit Union of Jacksonville.

Shock acquired the property for $360,000 more than two years ago from Adele Richmond.

Rural Residence

A 3,327-SF home in west Pulaski County is under new ownership after a $500,000 sale. Arvil and Elsie Bryant bought the house from James and Valerie Price.

The 3.89-acre residential spread previously was tied to a June 2003 mortgage of $50,000 held by Regions Bank of Birmingham, Ala.

The Prices purchased the property for $88,000 in June 2003 from Rene and Sonya LaVergne.



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