Real Estate

Low Vacancy in Fayetteville Makes Even Older Properties Stay in High Demand

Low Vacancy in Fayetteville Makes Even Older Properties Stay in High Demand

The more beds that go into Fayetteville, the more beds Fayetteville seems to need, and that means even older multifamily properties are still in demand.
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Normandy Place Apartments Land $3.5 Million Deal

A Little Rock apartment project, undeveloped residential land in Conway and two Little Rock homes form our quartet of multimillion-dollar deals this week.
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PACE Financing Allows Aldersgate Apartments To Put Costs on Tax Bill

Pulaski County has given green building projects a lucrative green light, and developers of a west Little Rock apartment project have hit the accelerator.
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US Home Price Gains Lift Household Wealth to $90.2T

A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans. read more >

$1M Land Deal Launches Trampoline Park in Fayetteville

Six-plus acres of land in uptown Fayetteville traded hands for a little more than $1 million and will be the site of a 28,000-SF trampoline park. read more >

PACE Expands Improvement District Model

The Preserve at Aldersgate in Little Rock will be the first major Arkansas project taking advantage of Property Assessed Clean Energy financing. read more >

Tally of Largest Commercial Building Projects in Arkansas Hits $2.4 Billion

The dollar total of largest commercial construction projects in Arkansas registered nearly $2.3 billion this year. The tally reflected a 1.2 percent decline from more than $2.4 billion in 2015. read more >

Chapel Ridge Complex Houses $8M Transaction (Real Deals)

Little Rock Housing Associates Ltd. of Denver sold the Chapel Ridge Apartments project at 24800 Chenal Parkway to Chapel Ridge Stanev AR LLC of Brooklyn, New York. read more >

Bryan Dorathy Named Regional Exec for Arkansas Blue Cross & Blue Shield (Movers & Shakers)

Dorathy will oversee sales and marketing, provider networks and general operational functions. He has worked in the health insurance industry since 1995. read more >

St. Louis District Economy Growing Modestly

Contacts in the Fed's St. Louis District, which includes all of Arkansas and parts of six other states, said economic conditions have modestly improved. read more >

Dupré Logistics to Open Fort Smith Branch

Dupré Logistics plans a new branch at the Hendricks Hill Professional Complex in Fort Smith to expand its brokerage and third-party logistics groups. read more >

US Home Prices Surpass Pre-Recession Peak Amid Healthy Sales

U.S. home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to a private measure. read more >

Nine Nursing Homes in Arkansas Wrapped in $55 Million Deal

The statewide transaction include a portfolio of nursing home projects in Pulaski County, which changed hands in a deal worth nearly $29.7 million. read more >

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