Real Estate

CapRocq Core 2 Invests $7.5M in Ohio Properties
Kevin Huchingson

CapRocq Core 2 Invests $7.5M in Ohio Properties

CapRocq Core 2, an Arkansas-based real estate partnership, on Monday announced a $7.5 million investment in the 1400 Goodale buildings in Grandview Heights, Ohio, a suburb of Columbus.
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New Owner Takes Over Soul of the South Facility

Media Gateway Facility LLC purchased the 30,800-SF studio complex at 1 Shackleford Drive from Rock City Media LLC.
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Phil Herrington Files for Bankruptcy After $3M Judgment

The financial woes of dapper Little Rock businessman Phil Herrington have prompted a trip to bankruptcy court.
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Median Price, Size for Central Arkansas Single-Family Homes Down in 2014

The median value of new homes in central Arkansas fell in 2014 to $170,912, a recent Metroplan report says. It had reached its highest level in 2013: $181,148.
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Walnut Ridge, Others See Development Boost from I-57 Designation

Walnut Ridge Mayor Charles Snapp says designating U.S. 67 from North Little Rock to Walnut Ridge as the future Interstate 57 is "going to open a lot of doors" for northeast Arkansas. U.S. Sen. John Boozman, R-Ark., introduced a provision for the designation in the 2017 federal transportation budget bill. read more >

US New-Home Sales Fall in March for Third Straight Month

Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. read more >

Arbitration Reveals Wide Leeway in Scott Reed Contracts

When AMR Construction landed an arbitration award for unpaid work on the Main Street Lofts project in downtown Little Rock, the ruling provided a glimpse into the chaotic development world of Scott Reed, who led the ownership group and oversaw the project. read more >

Cantrell Office, Midtown Property Sold in Million-Dollar Deals

Two Little Rock properties, an office building and a commercial site, provide this week's dynamic duo of million-dollar real estate transactions. read more >

Plans for Downtown Little Rock Bowling Alley, Beer Hall Progress

A project to transform two adjacent buildings in downtown Little Rock into a bowling alley, bar and beer hall complex has cleared one approval hurdle and faces a couple more but is moving forward, developer Jamie Moses said last week. read more >

AMR Construction Begins Foreclosure Action on Main Street Lofts

Little Rock's AMR Construction LLC staked a priority claim to recover $896,756 for unpaid work on the unfinished three-building, 125,000-SF redevelopment at 510-524 Main St. read more >

Construction Booms in a Growing Northwest Arkansas Market

The costs of building things have gone up in northwest Arkansas, developers say. It's not just that land value has risen, but construction and labor costs have also grown. read more >

Health Care Construction Spending in Arkansas Is Climbing

Spending on health care-related construction projects in Arkansas nearly doubled in 2015 compared with the previous year. read more >

Energy Security Partners CEO Says Fuel Plant 'Not a Risky Project'

Tell Roger Williams that a multibillion-dollar plant for turning natural gas into liquid fuel near Pine Bluff sounds too good to be true, and he'll turn to history, engineering and finance to argue it's too good not to be. read more >

Energy Security Partners Land Dealings Began in 2015

In pursuing plans for a natural gas-to-liquid fuel production facility, Energy Security Partners of Little Rock spent more than a year securing the land for its likely plant site in northern Jefferson County. read more >

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