Real Estate Archive

Kathy Deck Joins St. Louis Federal Reserve Council

by Arkansas Business Staff 2/2/2016 03:20 pm

Kathy Deck, director of the Center for Business and Economic Research in the Sam M. Walton College of Business at the University of Arkansas, has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis.

Investor Group Paid $12.4M for Gateway Property

by Arkansas Business Staff 2/1/2016 12:00 am

The total purchase price for the approximately 54 acres around the Outlets of Little Rock and Bass Pro Shops in southwest Little Rock was about $12.4 million

Latest Million-Dollar Deals Include Dollar General Store

by Arkansas Business Staff 2/1/2016 12:00 am

A quartet of million-dollar real estate transactions is composed of two farms, residential lots and a Dollar General store.

I-30 Changes Worry East Little Rock Property Owners

by George Waldon 2/1/2016 12:00 am

The unknown changes wrought by a future improvement of Interstate 30 have downtown Little Rock players concerned.

East Little Rock's 'Innovation Alley' Drawing Grit, Funk Lovers

by George Waldon 2/1/2016 12:00 am

Margaret McEntire has found herself in the midst of a second redevelopment wave in downtown Little Rock. A player on the River Market scene since 1999, McEntire is now hosting change instead of making it happen.

StudioMAIN Developing LR Financial Quarter

by Mark Carter 2/1/2016 12:00 am

Aiming to help downtown revitalization reach its true potential, a nonprofit group called StudioMAIN has unveiled plans to market an area of downtown it's calling the Financial Quarter.

Bentonville Urbanites Pick Pocket Community

by Marty Cook 2/1/2016 12:00 am

Pocket neighborhoods are growing in popularity with people who are looking to scale down their residential footprint. Proponents said the concept is most popular with baby boomers who are looking to live out retirement in such a setting and millennials who eschew subdivision life.

Quartet of Apartments Produces $49.6M Buy (Real Deals)

by George Waldon 2/1/2016 12:00 am

Fairfield Apartments, Berkley Apartments, Pleasant Pointe Apartments and Valley Crossing Apartments, all in west Little Rock, were sold to affiliates of Monarch Investments of Colorado.

Facebook Posts Raise Questions For Employers

by Mark Friedman 2/1/2016 12:00 am

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media.

Architect Kyle Cook Says Jonesboro Region's Growth Keeps Him Close to Home

by Arkansas Business Staff 2/1/2016 12:00 am

Kyle Cook, president of Brackett Krennerich & Associates, says broad experience is the ticket to working in northeast Arkansas.

Turtle Creek Crossing in Jonesboro For Sale For $10M

by Lance Turner 1/29/2016 03:10 pm

Turtle Creek Crossing, a 36,000-SF shopping center on Highland Drive in Jonesboro, is for sale for $10 million.

US New-Home Sales Soar in December

by Associated Press 1/27/2016 11:52 am

Americans rushed to buy new homes in December at the strongest pace in 10 months, with 2015 marking the strongest year for this segment of the housing market since 2008.

Air Monitors Put in Place at Majestic Hotel Cleanup Site

by Associated Press 1/27/2016 10:01 am

Monitors have been put in place to track the air quality at the cleanup site of a building at the Majestic Hotel complex in Hot Springs.

New Owners to Develop The Grove Near Outlets of Little Rock

by Alexis Hosticka 1/26/2016 03:34 pm

A private investor group has purchased about 54 acres surrounding the Outlets of Little Rock and Bass Pro Shops in southwest Little Rock, aiming to continue its development as a key entertainment district.

Oklahoma Bank Registers $3M Judgment Against Phil Herrington

by Arkansas Business Staff 1/25/2016 12:00 am

The judgment represents the outstanding balance on a $4 million loan from First Commercial Bank of Edmond, Oklahoma.

WLR Wingate by Windham Leads Million-Dollar Quartet of Deals

by Arkansas Business Staff 1/25/2016 12:00 am

A hotel and a restaurant in Little Rock, apartments in North Little Rock and a rural residence near Roland provide a quartet of million-dollar transactions this week.

Big Plans for Community Surround Planned Osteopathic College in Fort Smith

by Arkansas Business Staff 1/25/2016 12:00 am

Arkansas Colleges of Health Education CEO Kyle Parker has hired a first-rate lineup of consultants to devise the best way to build a residential-retail-commercial community.

Indiana Firm Pays $4.3M for 17.7 Acres (NWA Real Deals)

by Marty Cook 1/25/2016 12:00 am

Watermark Residential of Indianapolis bought 17.7 acres at the northeast corner of Steele Boulevard and Van Asche Drive in Fayetteville for $4.3 million.

Ridgecrest Emerges From $3.6 Million Sale (Real Deals)

by George Waldon 1/25/2016 12:00 am

Tri-5 LLC, an affiliate of Trinity Multifamily in Fort Smith, bought the 110-unit Warren House Apartments at 2000 Reservoir Road and the 112-unit Warren Terrace Apartments at 1900 Reservoir Road.

New List of Shopping Centers Shows Trend

by Gwen Moritz 1/25/2016 12:00 am

In 2006, the last time Arkansas Business published a list of the largest shopping centers in the state, University Mall in Little Rock was still open and Pinnacle Hills Promenade in Rogers was the big new thing.