Real Estate Archive

Thomas Longe Appointed to Home BancShares Board of Directors

by Arkansas Business Staff 10/21/2014 04:38 pm

Home BancShares Inc. of Conway, the parent company Centennial Bank of Conway, has appointed Thomas J. Longe to its board of directors.

US Existing Home Sales Rise in September

by Associated Press 10/21/2014 11:12 am

U.S. homes sold in September at their fastest clip this year, a sign that the housing market is shaking off a slowdown that began in the middle of 2013.

Arkansas Unemployment Rate Falls to 6.2 Percent in September

by Lee Hogan 10/21/2014 09:25 am

Arkansas' unemployment rate dropped one-tenth of a percentage point from August to 6.2 percent in September, according to data released by the state Department of Workforce Services on Tuesday.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year.

Top College Officials See Sizable Pay Raises

by Mark Friedman 10/20/2014 12:00 am

Arkansas Business reviewed the Administrator's Compensation Survey reports filed with the state Department of Higher Education for the 2010 and 2014 fiscal years. In the four-year period, the number of six-figure employees included in the report increased from 460 to 703.

One Bank Takes Claims Against David Crews to Federal Bankruptcy Court

by Arkansas Business Staff 10/20/2014 12:00 am

The financial tiff between David Crews and Little Rock's One Bank & Trust has shifted venues from Pulaski County Circuit Court to U.S. Bankruptcy Court.

Baptist Health Struck With Buyer's Remorse Over WLR School Deal

by Arkansas Business Staff 10/20/2014 12:00 am

The 121,211-SF facility was repurchased for $8.5 million last month from BCP-Colonel Glenn LLC, whose ownership includes Sam Alley, secretary-treasurer of the Baptist Health Foundation Board of Trustees.

Maumelle Warehouse Attracts $11.2M Sale (Real Deals)

by George Waldon 10/20/2014 12:00 am

A 484,932-SF warehouse project in Maumelle tipped the scales at $11.2 million. Construction of a 30,000-SF office building is following a $2.3 million land deal in downtown Little Rock. And a North Little Rock car wash is under new ownership after a $1.72 million deal.

Northwest Arkansas Shows Gains in Housing Market

by Lee Hogan 10/16/2014 11:00 am

The residential market in northwest Arkansas saw increases across the board in the first half of 2014, according to Arvest Bank's Skyline Report released Thursday.

Majestic Hotel in Hot Springs Put on Auction Block

by Associated Press 10/14/2014 10:07 am

A real estate auctioneer says the Majestic Hotel complex will be for sale until next month.

Dave Bass To Open Upscale Restaurant at Pleasant Crossing Shopping Center in Rogers

by Arkansas Business Staff 10/13/2014 12:00 am

Bass signed lease papers to open The Grove in a 3,543-SF space at the new shopping center Whisinvest Realty of Rogers is building near the Walmart Supercenter on Pleasant Grove Boulevard. Bass described the restaurant, which will have a separate bar area, as having an “eclectic American comfort food menu” prepared by a culinary school-trained chef.

Development Paused at Interchange as Conway Mulls Annexation

by Arkansas Business Staff 10/13/2014 12:00 am

Although the Conway Corridor project was first touted as a way to encourage more retail and office development, Conway city planners are exploring options that would allow them to limit development along the new corridor.

NLR Tire Center Leads Quartet of Pulaski County Million-Dollar Deals

by Arkansas Business Staff 10/13/2014 12:00 am

A tire center project in North Little Rock, two big homes in Little Rock and a motel in Jacksonville have joined the seven-digit club.

Relyance Team Continues Bank's Move Into LR Market (Movers & Shakers)

by Arkansas Business Staff 10/13/2014 12:00 am

Nina Castaldi, Sandy Ross, Nikki Pfleger and LaTonja Hill are members of Relyance Bank of Pine Bluff's new Little Rock team.

The Mind of an Entrepreneur (Mitch Bettis Publisher's Note)

by Mitch Bettis 10/13/2014 12:00 am

On Oct. 24, Arkansas Business, in partnership with the College of Business at the University of Arkansas at Little Rock, is hosting another Power Breakfast executive panel.

Little Rock Walgreens Sells for $5.7 Million (Real Deals)

by George Waldon 10/13/2014 12:00 am

ARCP WG Little Rock AR LLC of Phoenix bought the 15,181-SF store at 1601 Main St. from Stamja-DT AR Properties LLC, led by Jason LaFrance.

Court Appoints Former LR Mayor Special Administrator in Scooter Stuart Case

by George Waldon 10/13/2014 12:00 am

Tom Prince, former Little Rock mayor, has entered the fray between Little Rock's One Bank & Trust and the estate of its former controlling owner and CEO, Layton “Scooter” Stuart.

First National Title Acquires Faulkner County Title

by Arkansas Business Staff 10/8/2014 10:49 am

First National Title Co. announces its acquisition of Faulkner County Title Co.

Jane Chu: Main Street Revitalization Awakens a Cultural District

by Lee Hogan 10/7/2014 03:35 pm

Jane Chu, chairman of the National Endowment for the Arts, said the revitalization of downtown Little Rock's Main Street has awakened a cultural district.

Chuy's Buy Launches New Project in NLR (Real Deals)

by George Waldon 10/6/2014 12:00 am

A Chuy's restaurant project in North Little Rock was put in motion by a $1.14 million land deal. A 16,200-SF commercial project in North Little Rock is under new ownership after a $907,000 sale.