Real Estate Archive

Collision Center Buy Tops $2.5 Million (Real Deals)

by George Waldon 2/20/2017 12:00 am

LLArk Properties LLC of St. Louis Park, Minnesota, purchased the 40,000-SF Landers Collision Center at 10005 Col. Glenn Road from Aimco Equipment Co. LLC, led by Frank, Herren and Todd Hickingbotham.

US Home Building Falls as Developers Start Fewer Apartments

by Associated Press 2/16/2017 11:15 am

U.S. builders broke ground on fewer homes last month, led by a drop in apartment construction.

Potbelly Sandwich Shop Coming to Downtown Little Rock

by Lydia McAllister 2/16/2017 11:00 am

Ryan Hamra, owner of the Potbelly Sandwich Shop in Little Rock, is opening his second location in the Lyon Building downtown at 410 W. Capitol Ave.

Arkansas Business Recognizes Finalists of 29th Annual Business of the Year Awards

by Arkansas Business Staff 2/13/2017 12:00 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

Sticker Price Totals $41.5M for McLarty Package of North Point Deals

by Arkansas Business Staff 2/13/2017 12:00 am

Little Rock's McLarty Auto Group bought five auto projects from Asbury Automotive Group of Duluth, Georgia.

Reservoir Road Apartments Sold for $8.3 Million

by Arkansas Business Staff 2/13/2017 12:00 am

Two apartment complexes, two mini-storage projects and a Heights home in Little Rock teamed up with a North Little Rock motel to build a six-pack of multimillion-dollar deals.

Bank of the Ozarks Having a Hot Time in Chicago

by Arkansas Business Staff 2/13/2017 12:00 am

Steve Daniels, a senior reporter with Crains Chicago Business, reported last month on how developers of Chicago's "splashiest commercial real estate projects" are getting their loans and financing from an inconspicuous source: Bank of the Ozarks of Little Rock.

Comfort Inn & Suites Transaction Checks In at $3.9M (Real Deals)

by George Waldon 2/13/2017 12:00 am

Andy & Andrew Hotel Investments LLC, led by Ashok Desai, purchased the Comfort Inn & Suites at 3915 McCain Park Drive, backed with a five-year loan of $4 million from Arkansas Federal Credit Union of Jacksonville.

Pakko: State Housing Numbers Continue Upward Trend

by Todd Traub 2/9/2017 04:19 pm

Prices and sales figures show the state still bouncing back from the housing market bust.

Developers Finish, Start Projects on Main Street in Little Rock, North Little Rock

by Arkansas Business Staff 2/9/2017 02:24 pm

Two Main Street redevelopments — one on each side of the Arkansas River — were announced this week by Moses Tucker Real Estate Inc. and Newmark Grubb Arkansas.

Tech Park Sees More Demand From Startups, Entrepreneurs

by Sarah Campbell 2/9/2017 10:44 am

The Little Rock Technology Park Authority Board will be asked to approve a conversion of the fourth floor at 417 Main St. to meet increased demand from smaller operations for short-term leases and furnished space.

Retail Group: Sales to Grow 3.7 Percent to 4.2 Percent

by Anne D'Innocenzio, The Associated Press 2/8/2017 10:24 am

The nation's largest retail trade group is predicting that annual retail sales will increase between 3.7 percent and 4.2 percent this year.

In Jonesboro, 2 Convention Center Projects Take Shape

by Todd Traub 2/7/2017 01:10 pm

After years of trying for one, the city now has two hotel and convention center facilities in various stages of development and construction, one near the interstate and one on the Arkansas State campus.

Arkansas Realtors: December Homes Sales Up 8 Percent

by Arkansas Business Staff 2/6/2017 11:22 am

The Arkansas Realtors Association says home sales rose 8 percent in December, and year-to-date sales were up nearly 12 percent.

Costco Hasn't Hit Pay Dirt Yet in Little Rock

by Arkansas Business Staff 2/6/2017 12:00 am

For now, Costco officials are in a Catch-22 with the Little Rock market, unable to match an acceptable price with an acceptable location.

Real Estate Agent's Daughter Among More Indictments in Camden Fake Will Scheme

by Arkansas Business Staff 2/6/2017 12:00 am

The 21-year-old daughter of a Camden real estate agent has been indicted along with two other family members in connection with allegations of creating a fake will for a survivor of the Deepwater Horizon explosion who died in an auto accident in January 2015.

Former Jennings Osborne Manor Title Passed to New Owner

by Arkansas Business Staff 2/6/2017 12:00 am

The west Little Rock mansion made famous by the late Jennings Osborne officially has a new owner: John Johnson.

New Date Set on Daly's Steakhouse in Conway

by Arkansas Business Staff 2/6/2017 12:00 am

The developers behind the planned John Daly's Steakhouse in Conway are now pushing for a June 1 opening date.

Stonehaven Purchase Surpasses $7.1 Million (Real Deals)

by George Waldon 2/6/2017 12:00 am

The 60-unit assisted living project in Maumelle was sold by Stonehaven Assisted Living LLC, led by James Thomas. The deal is financed with a $5.2 million loan from First Security Bank of Searcy.

Three Earn LEED Accreditation at Clark Contractors (Movers & Shakers)

by Arkansas Business Staff 2/6/2017 12:00 am

Melanie Blacklock, Stephen Lane and Michael McGrew of Clark Contractors in Little Rock have been certified as LEED-accredited professionals by the U.S. Green Building Council.