$6.2M Transaction Visits Village Green Apartments (Real Deals)

by George Waldon  on Monday, Jul. 7, 2014 12:00 am  

Village Green Apartments

A 172-unit apartment project in southwest Little Rock weighed in at $6.2 million.

Ownership of Village Green Apartments at 7601 Chicot Road shifted between two New York limited liability companies. Village Green Apartments Little Rock LLC bought the property from Village Green AR Associates LLC.

VGALR assumed a February 2012 mortgage of $4.25 million originated by CWCapital LLC of Needham, Massa-chusetts.

Village Green AR purchased the 10.92-acre development for $4.7 million in March 2002.

The seller was Alco Village Green Associates Ltd., led by Frank Jemison Jr.

Bank Space

Entities with common ownership were on either side of a $960,000 transaction in downtown Little Rock’s The Residences at Building 5. Bank of England acquired the fourth-floor space to house more mortgage lending operations from Arkansas Riverview Development LLC, led by Brad Canada.

Arkansas Riverview Development bought the half-acre development at 5 Statehouse Plaza for $950,000 in April 2004 and added five stories to it.

The seller was the Arkansas Bar Foundation.

Convenient Transaction

A convenience store in Jacksonville changed hands in a $624,848 deal.

Mani Malik Inc., led by Muhammad Malik, purchased the Gas A Tron at 24109 Highway 107. The seller is Robert Johnston Holdings LLC, led by Robert Johnston.



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