Real Estate Archive

Texan Buys Red Lobster In Fayetteville for $3.7M (NWA Real Deals)

by Marty Cook 3/27/2017 12:00 am

Vera LLC of Plano, led by Venkat Sirimalle, bought the property, and with Red Lobster Restaurants LLC, signed a lease agreement that runs until 2039.

Scholarships for Retail Development (J. Cliff McKinney Commentary)

by J. Cliff McKinney 3/27/2017 12:00 am

Other states recognize the valuable economic contribution of retail. These states have incentive programs — retail scholarships — that Arkansas tries to compete against without an effective answer.

George Covington Jr. Ready To Raise the Roof in Conway

by Arkansas Business Staff 3/27/2017 12:00 am

George Covington Jr. is the president of Covington Roofing Co. and a partner in Covington Cos., which owns and manages commercial property in Conway.

US New Home Sales Rise Despite Higher Mortgage Rates

by Associated Press 3/23/2017 10:31 am

Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July.

US Home Sales Slowed in February After January Surge

by Associated Press 3/22/2017 11:17 am

Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a decade. But over the past 12 months, sales are up solidly.

Haag Brown Buys 10 NEA Clinics for $14M

by Arkansas Business Staff 3/20/2017 11:09 am

NEA Baptist Clinic, a multi-specialty group practice, and Haag Brown Commercial, both of Jonesboro, announce the $14 million sale of 10 off-campus urgent care clinics in northeast Arkansas.

K Lofts Construction Could Soon Be Completed

by Arkansas Business Staff 3/20/2017 12:00 am

Creek Capital Partners LLC, led by Fort Smith's Steve Creekmore Jr. family, is out of the picture at K Lofts in Little Rock.

Dave & Buster's Property Sold for $8.1 Million

by Arkansas Business Staff 3/20/2017 12:00 am

A trio of west Little Rock properties have come together for this week's multimillion-dollar transactions.

Date Delayed for Deepwater Horizon Fake Will Trial

by Arkansas Business Staff 3/20/2017 12:00 am

The trial date has been moved to Sept. 11 for the Camden real estate agent who was indicted for allegedly creating a fake will for a survivor of the Deepwater Horizon explosion who later died in an auto accident.

Smitty's Garage May Pull Into Rogers

by Arkansas Business Staff 3/20/2017 12:00 am

Smitty's Garage, a burger and beer restaurant, is looking to expand in Arkansas and it looks like Rogers will be the destination.

Memory Care Facility Visited by $14M Sale (Real Deals)

by George Waldon 3/20/2017 12:00 am

The 74-bed assisted living center in west Little Rock was bought by an affiliate of Mainstreet Health Investments of Carmel, Indiana.

Fed Hikes Key Rate for Second Time in 3 Months

by Associated Press 3/15/2017 01:41 pm

The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual.

Nominate by Friday for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/14/2017 11:14 am

Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

Cabot Knights Shopping Center Sold for $2.5 Million

by Arkansas Business Staff 3/13/2017 12:00 am

Retail space in Cabot, a cabinet plant in Jacksonville, a day care in Conway, a Dollar General in Austin (Lonoke County) and a big home in Little Rock form a five-piece of multimillion-dollar transactions.

New Loan in the Works for K Lofts

by Arkansas Business Staff 3/13/2017 12:00 am

A new loan from an Alabama lender for the long dormant K Lofts development in downtown Little Rock was supposed to close last week.

Shipley's Donuts Seeks Finalization of SWLR Building Sale

by Arkansas Business Staff 3/13/2017 12:00 am

The Shipley's Donuts in south Little Rock is going to U.S. Bankruptcy Court to buy its building.

Tuscany Square in Rogers Sells for $13 Million

by Arkansas Business Staff 3/13/2017 12:00 am

Tuscany Square @ Pleasant Grove LLC, led by Charles Palmer of Fort Smith, sold the property to Hillcrest Holdings LLC, led by Gary Nichols of Fayetteville.

Lori Adcock-McGhee Moves to Sage

by Arkansas Business Staff 3/13/2017 12:00 am

Lori Adcock-McGhee recently went to work for Sage Partners, where she'll be the director of property management, responsible for overseeing Sage's expansion in central Arkansas.

Aircraft Interior Solutions Poised for Takeoff

by George Waldon 3/13/2017 12:00 am

A delayed passenger seat innovation is back on schedule to bring big expansion to Aircraft Interior Solutions of North Little Rock.

Golden Bankruptcy Reveals Allcorp Deal

by George Waldon 3/13/2017 12:00 am

A possible bank stock sale and details of a legal settlement are part of the bankruptcy narrative in the 66-page Chapter 7 filed by Lex and Ellen Golden of Little Rock.

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