Real Estate Archive

New Loan in the Works for K Lofts

by Arkansas Business Staff 3/13/2017 12:00 am

A new loan from an Alabama lender for the long dormant K Lofts development in downtown Little Rock was supposed to close last week.

Tuscany Square in Rogers Sells for $13 Million

by Arkansas Business Staff 3/13/2017 12:00 am

Tuscany Square @ Pleasant Grove LLC, led by Charles Palmer of Fort Smith, sold the property to Hillcrest Holdings LLC, led by Gary Nichols of Fayetteville.

Lori Adcock-McGhee Moves to Sage

by Arkansas Business Staff 3/13/2017 12:00 am

Lori Adcock-McGhee recently went to work for Sage Partners, where she'll be the director of property management, responsible for overseeing Sage's expansion in central Arkansas.

Aircraft Interior Solutions Poised for Takeoff

by George Waldon 3/13/2017 12:00 am

A delayed passenger seat innovation is back on schedule to bring big expansion to Aircraft Interior Solutions of North Little Rock.

Golden Bankruptcy Reveals Allcorp Deal

by George Waldon 3/13/2017 12:00 am

A possible bank stock sale and details of a legal settlement are part of the bankruptcy narrative in the 66-page Chapter 7 filed by Lex and Ellen Golden of Little Rock.

$8.3 Million Transaction Calls on Barrington Hills Apartments (Real Deals)

by George Waldon 3/13/2017 12:00 am

The 232-unit apartment project in west Little Rock was purchased by PR Barrington Hills LLC of Wellington, Florida.

Downtown Startup Space Among Conway Chamber's Priorities

by Sarah Campbell 3/10/2017 11:38 am

The Conway Area Chamber of Commerce said Thursday it will raise public and private money for seven "generation defining" projects, including a startup space that Conway Corp. has said it will pay for.

Report: Arkansas Home Sales, Prices Increased in January

by Sarah Campbell 3/9/2017 09:58 am

The Arkansas Realtors Association says home sales and the average price of homes sold increased in January.

Skyline Report Shows Balanced NWA Real Estate Market

by Sarah Campbell 3/8/2017 11:06 am

In northwest Arkansas, supply kept pace with demand as residential building permits and new homes being occupied increased almost equally, according to Arvest Bank's Skyline Report.

Bill Targets Clean Line, Contrasting With Trump's Zeal for Infrastructure

by Kyle Massey 3/7/2017 09:30 am

Arkansas' congressional delegation backs a bill that would halt the $2 billion Clean Line project.

2 Fayetteville Apartment Projects Score Big Sales

by Marty Cook 3/7/2017 08:32 am

Two Fayetteville apartment complexes were sold in separate, multi-million dollar deals.

NLR's Ridge Road Village Sold in $7 Million Deal

by Arkansas Business Staff 3/6/2017 12:00 am

A multifamily project in North Little Rock, apartment land, a restaurant and hotel land in west Little Rock and a Heights home in Little Rock form a five-piece of multimillion-dollar transactions in Pulaski County.

Auto Dealership Buys Surpass $41 Million (Real Deals)

by George Waldon 3/6/2017 12:00 am

Affiliates of Little Rock's McLarty Auto Group bought four auto properties from affiliates of Asbury Automotive Group of Duluth, Georgia.

Podiatrist's Purchase of Convention Center Gives Texarkana Officials Cold Feet

by Mark Friedman 3/6/2017 12:00 am

A Texas podiatrist with a past that includes a federal conviction wants to buy the troubled Arkansas Convention Center & Holiday Inn out of bankruptcy — and that has some Texarkana officials on the Arkansas side concerned.

Midsouth Bank Accuses Arkansas Convention Center Owner of Fraud

by Mark Friedman 3/6/2017 12:00 am

MidSouth Bank of Lafayette, Louisiana, has asked a bankruptcy court judge not to allow Dr. Hiren D. Patel, who owns the Arkansas Convention Center & Holiday Inn in Texarkana, to be allowed to walk away from a $13.3 million debt he owes the bank.

Johnny Cash's Footsteps Lead Tourists Back in Time to Dyess

by Kyle Massey 3/6/2017 12:00 am

The legacy of American musician Johnny Cash attracts history buffs and music fans from dozens of countries and every state to his boyhood home in the Historic Dyess Colony, the largest agricultural resettlement of the Depression-era New Deal.

Yellen Signals the Fed Will Likely Raise Rates This Month

by Associated Press 3/3/2017 03:07 pm

Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate.

US Services Firms Expand at Fastest Pace Since October 2015

by Associated Press 3/3/2017 10:42 am

U.S. services companies expanded in February at the fastest pace since October 2015.

Deltic Timber Names New CEO, Fires CFO

by Lance Turner 2/27/2017 10:10 am

Deltic Timber Corp. of El Dorado names John D. Enlow, formerly of Weyerhaeuser, as its new chief executive and revealed that it had fired its chief financial officer for misappropriating "certain Company assets for personal use."

Sentencing Set for Fort Smith Developer Brandon Woodrome

by Arkansas Business Staff 2/27/2017 12:00 am

Brandon Woodrome, the 29-year-old Fort Smith construction company owner, will be sentenced April 18 for one count each of bank fraud and wire fraud.

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