Real Estate Archive

Central Arkansas Housing Market Responds to Decline in Household Size

by Arkansas Business Staff 8/22/2016 12:00 am

As homeownership in the United States and in Arkansas has declined, the nature of the housing market has changed, notes a recent report by Metroplan, the federally designated planning agency for Pulaski, Faulkner, Saline and Lonoke counties.

Holiday Inn Express Sale Checks In at $5.1 Million (Real Deals)

by George Waldon 8/22/2016 12:00 am

A limited liability company led by Ishverbhai Govind purchased the 1.5-acre, 69-room hotel on East McCain Boulevard in North Little Rock.

Cornelius Schnitzler: Air Industry Lifts Arkansas in Berlin

by Arkansas Business Staff 8/22/2016 12:00 am

Cornelius Schnitzler is the director of the Arkansas Economic Development Commission office in Berlin. The office, which opened in July, is the state's base of operations in Europe, where it aims to maintain existing business relationships and cultivate new ones.

Traveling the Globe in Search of Jobs (Mike Preston Commentary)

by Mike Preston 8/22/2016 12:00 am

Over the last year, your Arkansas Economic Development Commission has traveled almost 20,000 miles around the world searching for good-paying jobs for the people of Arkansas. It's a reflection of the times in which we live. Ours is a global economy, and the competition for new jobs is no longer with surrounding states only, but with every country around the globe.

Mike Malone Stepping Down As Northwest Arkansas Council CEO

by Arkansas Business Staff 8/18/2016 03:41 pm

Mike Malone announced he will leave the Northwest Arkansas Council where he has served as president and CEO of the nonprofit since 2006.

SPONSORED: New Regulations Affect Trustees Of Retirement Plans

by 8/17/2016 08:29 am

A retirement plan review with experts can reduce risk and maximize benefit to employees.

US Homebuilder Sentiment Rises in August as Sales Improve

by Associated Press 8/15/2016 11:21 am

U.S. homebuilders are feeling more optimistic about the housing market this month, reflecting strong growth in new-home sales and prices.

LR's Midtown Center Leads List of Recent Seven-Digit Deals

by Arkansas Business Staff 8/15/2016 12:00 am

A retail project in Little Rock, a grocery store in Maumelle, a fast-food outlet in west Little Rock, two Little Rock homes and a pair of residential properties involved in an intrafamily swap compose our magnificent seven real estate transactions this week.

Lofty Labs on the Move in Fayetteville

by Arkansas Business Staff 8/15/2016 12:00 am

The web development consultancy plans to move this October to 3,000 SF at 509 W. Spring St., which is in Fayetteville's entertainment district.

Arkansas Homeowners No Longer Playing With House Money

by Kyle Massey 8/15/2016 12:00 am

Once upon a time, homeowners thought it was perfectly fine — smart even — to carry greater debt on their houses and take out the equity as cash for investments. After all, interest rates were low, homebuyers were eager, and everyone knew that housing could never decline in value. Well, that last part turned out to be a fairy tale.

NFL's Darren McFadden Learns Lesson From Financial Fumble

by Mark Friedman 8/15/2016 12:00 am

In June, Dallas Cowboys running back Darren McFadden filed a lawsuit accusing his former family friend and financial adviser, Michael Vick of Pulaski County, of “gross incompetence, self-dealing and outright theft” of more than $15 million.

The Truth Is Out There (Gwen Moritz Editor's Note)

by Gwen Moritz 8/15/2016 12:00 am

This keeps me awake at night: The knowledge that there are important stories of value and interest to my readers, or of importance to our community or our country, that aren't being reported because news organizations don't know about them and there might not be enough warm bodies to do the work even if we did.

Power and Pain of Consensus (Barry Goldberg On Leadership)

by Barry Goldberg 8/15/2016 12:00 am

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent.

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

Sale of Former Remington College Exceeds $4.3 Million (Real Deals)

by George Waldon 8/15/2016 12:00 am

EAI Realty Inc., an affiliate of Education America Inc. of Heathrow, Florida, sold the 35,000-SF building in west Little Rock.

Average US 30-Year Mortgage Rate Ticks Up to 3.45 Percent

by Associated Press 8/11/2016 11:44 am

Long-term U.S. mortgage rates edged higher this week, though rates remain at historically low levels.

18 Cities See Increased ATBI Ratings in Latest Report

by Arkansas Business Staff 8/9/2016 11:20 am

Eighteen of the 20 cities on the Arkansas Tech Business Index saw their rating increase following the compilation of data for May 2016. Just one month earlier, 15 of the 20 cities on the index experienced a rating decrease.

David's Burgers Now Looking Toward Fall Opening in River Market

by Arkansas Business Staff 8/8/2016 12:00 am

David “Alan” Bubbus, owner of the Little Rock mini-chain David's Burgers, is hoping to open the David's in the River Market in September or October. But first he has to finish converting an outdoor seating area into a common area for visitors to Ottenheimer Market Hall.

Centerton Home Sells for $1.7 Million

by Arkansas Business Staff 8/8/2016 12:00 am

Joe and Jimi Michelle Doty bought the six-bedroom, 5 1/2-bath house. Joe is the COO of Baylor College of Medicine in Houston, and Jimi is a nurse practitioner originally from Siloam Springs.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state's business community.