Real Estate Archive

Metro Builders Supply Leads Off Quartet of Million-Dollar Deals

by Arkansas Business Staff 8/11/2014 12:00 am

Our new batch of million-dollar transactions features a commercial project, a nonprofit building, a retail site and a big house.

Stakes are High in $68M Renovation of Robinson Center

by Jan Cottingham 8/11/2014 12:00 am

Robinson Center is a multipurpose venue. It must accommodate the Arkansas Symphony Orchestra, Broadway plays, Ballet Arkansas and commencement ceremonies — in addition to conventions and conferences — and each of these has different and sometimes even opposite technical requirements, particularly acoustical requirements.

Vilonia Considers Rebuilding Options After Tornado

by Mark Friedman 8/11/2014 12:00 am

After the tornado that hit Faulkner County on April 27, Vilonia is tiptoeing into the rebuilding process. While the rebuilding of a $13 million school is moving forward, a group of citizens is hoping business owners will consider all options before construction starts on Main Street.

Midtowne Little Rock Sells for $41.4 Million (Real Deals)

by George Waldon 8/11/2014 12:00 am

A 126,288-SF retail center in midtown Little Rock tipped the scales at $41.45 million. Construction of a 9,000-SF retail building in west Little Rock is trailing a $1 million land deal. And development of a Noah's event center in west Little Rock is following an $859,636 land sale.

Main Street, Restaurants and the Big Mo

by Jan Cottingham 8/11/2014 12:00 am

The recent announcement that another new restaurant will be opening on Little Rock's Main Street lends weight to the idea that this part of downtown has the “big mo,” the momentum to keep diners coming to what once was a pretty sketchy part of town past 5 p.m.

First Security Bank Forecloses on Dennis Smiley Home

by George Waldon 8/8/2014 08:02 am

First Security Bank of Searcy files a foreclosure lawsuit on a $200,000 loan secured by Dennis Smiley's home in Rogers.

Oil Boom and Housing Bust Alter US Spending Trends

by Associated Press 8/7/2014 02:16 pm

North Dakotans, enriched by an oil boom, stepped up their spending at triple the national pace in the three years that followed the Great Recession. In Nevada, smacked hard by the housing bust, consumers barely increased their spending.

Sports Memorabilia Dealer John Rogers' North Little Rock Home for Sale for $2.5M

by Mark Friedman 8/6/2014 09:35 pm

The mansion of North Little Rock sports memorabilia dealer John Rogers is for sale with an asking price of $2.5 million, according to a Facebook post by Rogers' wife.

Conway Chamber Previews Plans for Shopping Centers

by Lee Hogan 8/5/2014 09:51 pm

The Conway Chamber of Commerce gave hundreds of local residents a glimpse into the future of the city, and two proposed retail projects that could shape it into a regional shopping hub.

Nominate Now for Arkansas Business' CFO of the Year Awards

by Arkansas Business Staff 8/5/2014 11:28 am

Arkansas Business is searching for the state's most outstanding chief financial officers for its sixth "CFO of the Year" awards. You can nominate CFOs here.

Arkansas Less Optimistic Than Oklahoma, Missouri in Arvest Consumer Survey

by Lee Hogan 8/5/2014 10:29 am

The second phase of Arvest Bank's consumer sentiment survey found Arkansans have a less optimistic outlook on current conditions and expectations than respondents in Oklahoma in Missouri.

Van Buren Loses Rural Development Status for Loans

by Associated Press 8/5/2014 09:38 am

A western Arkansas city has lost its rural development status for home loans.

Year-Over-Year US Home Prices Show a Slowing Gain

by Associated Press 8/5/2014 09:12 am

U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market.

Well-Being Report Ranks Arkansas at 41 in Child Poverty

by Arkansas Business Staff 8/4/2014 12:00 am

The poverty rate among children in Arkansas rose to 29 percent in 2012, up from 25 percent in 2005, according to the “Kids Count Data Book,” an annual report by the Annie E. Casey Foundation.

Fountains at Chenal Apartments Transaction Approaches $8 Million (Real Deals)

by George Waldon 8/4/2014 12:00 am

A 176-unit apartment complex in west Little Rock tipped the scales at $7.95 million. A 25,585-SF commercial project in North Little Rock is under new ownership after a $2.08 million sale. And a 5,000-SF home in the Germay Court neighborhood of west Little Rock's Chenal Valley development changed hands in a $1.1 million transaction.

CapRocq Creates New Real Estate Fund

by Arkansas Business Staff 8/4/2014 12:00 am

Little Rock's CapRocq Core Real Estate Fund LP, a partnership that buys properties in the South and Midwest, has created a new real estate investment fund that has already raised $20 million.

Whataburger Cooking Up More Northwest Arkansas Locations

by Arkansas Business Staff 8/4/2014 12:00 am

The privately held San Antonio chain is scheduled to close on a lot on Pleasant Grove near the Arvest Bank in Rogers. The property should close in August.

Simmons First Continues To Prune Branches in Little Rock, Northwest Arkansas

by Arkansas Business Staff 8/4/2014 12:00 am

Simmons First National Bank of Pine Bluff has sold off three more leftover Pulaski County branches.

Conway Renovations To Roll Over Rink

by Arkansas Business Staff 8/4/2014 12:00 am

One Conway institution will be renovated to match the new restaurants and shops that will soon occupy Oak Street, and the other will be sold and demolished.

Fayetteville's Joyce Business Park Sold for $2.6M

by Arkansas Business Staff 8/4/2014 12:00 am

Joyce Business Park has a new owner. Engineering Elements, owned by Shane Lanning and Ryan McClain, paid approximately $2.6 million for the 40,316-SF complex of offices at 2418 E. Joyce Blvd. in Fayetteville.