Real Estate Archive

Jim Bolt Criminal Saga Reveals ‘A Certain Amount Of Genius'

by Gwen Moritz 6/30/2014 12:00 am

A federal judge sentenced James W. Bolt to a sentence 29 months longer than standard sentencing guidelines. It was an acknowledgement that the only way to keep Bolt from breaking the law was to keep him locked up.

UA Spends Millions On Adjacent Properties (NWA Real Deals)

by Marty Cook 6/30/2014 12:00 am

The University of Arkansas had a busy few weeks buying up properties on the borders of its campus.

NLR Acreage Acquisition Approaches $2.7 Million (Real Deals)

by George Waldon 6/30/2014 12:00 am

More than 420 acres on the eastern edge of North Little Rock changed hands in a transaction valued at $2.69 million. The sale of two Citgo convenience stores added up to a $1.4 million combo deal. And a 7,460-SF industrial project in North Little Rock changed hands in a $450,000 sale.

First Arkansas Bank & Trust Also Absorbing Bank Branches

by Arkansas Business Staff 6/30/2014 12:00 am

Larry Wilson, CEO of First Arkansas, confirms his bank's purchase of old Simmons branch in Jacksonville. And he threw in a couple more for good measure: the former Metropolitan branches at the intersection of Highways 321 and 89 in Cabot and at Kiehl and Brockington in Sherwood.

Baptist Health Plans July 7 Groundbreaking for Conway Hospital

by Arkansas Business Staff 6/30/2014 12:00 am

Ground will be broken for the 100-bed medical center at 10:30 a.m. July 7 at 1455 Exchange Ave., near the Dave Ward Drive exit off Interstate 40.

Activity Picking Up at Springdale Supercenter Site

by Arkansas Business Staff 6/30/2014 12:00 am

Business activity is picking up at the site of the Walmart Supercenter that is scheduled to open in August on Elm Springs Road in Springdale.

Trail Boosts Springdale's Downtown Effort

by Marty Cook 6/30/2014 12:00 am

The city of Springdale's master plan calling for rejuvenating its downtown is estimated to be about $20.5 million in improvements, coinciding with the opening of the Razorback Greenway trail later this year.

Arkansas Realtors: Home Sales Up 5 Percent in May

by Lee Hogan 6/27/2014 11:26 am

Home sales and valuations were up in May, while the average price was down slightly compared to a year ago, according to the most recent numbers from the Arkansas Realtors Association.

Site Work Starts on Outlet Mall in West Little Rock

by Lee Hogan 6/24/2014 03:02 pm

Site work for a proposed outlet mall has begun on a 30-acre tract of land at the Gateway Town Center in west Little Rock. Outlets at Little Rock is slated to open in summer 2015.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

Fort Smith Overtakes Bentonville in Arkansas Tech Business Index

by Lee Hogan 6/23/2014 10:17 am

A strong retail rating and the permit of two large projects helped push Fort Smith ahead of Bentonville in the Arkansas Tech Business Index. It's the first time since the index's introduction that Bentonville has not been the top-rated city.

GDP in U.S. Grows 1.8% in 2013, Arkansas Sees 2.4% Rise

by Arkansas Business Staff 6/23/2014 12:00 am

Real gross domestic product grew 1.8 percent in the United States last year, a slowdown when compared with 2012, when GDP rose 2.5 percent.

Bank-Owned Property Draws $3.9M Buyer (Real Deals)

by George Waldon 6/23/2014 12:00 am

A 49,100-SF office building in west Little Rock weighed in at $3.9 million. A four-building, 22,912-SF office project in west Little Rock changed hands in a nearly $1.66 million transaction.

Barber Attorney Vaughn Knight's Case Remains in Limbo as Conner Eldridge Considers Next Move

by Mark Friedman 6/23/2014 12:00 am

Conner Eldridge, U.S. attorney for the Western District of Arkansas, said last week that he's still deciding what to do with the case of K. Vaughn Knight, the attorney for former northwest Arkansas real estate developer Brandon Barber.

Guild Mortgage of California Opens First Arkansas Office in Harrison

by Brandon Riddle 6/23/2014 12:00 am

Guild Mortgage Co., based in San Diego, has expanded into Arkansas, making Harrison its first location in the state as the company continues a U.S. expansion project in the South and Southeast.

FirstLight HomeCare Comes to Little Rock

by Brandon Riddle 6/23/2014 12:00 am

FirstLight HomeCare Little Rock owner Doug Ballinger, 54, said his passion for quality nonmedical in-home care, primarily for seniors, led him to becoming a franchise owner in central Arkansas.

Kevin Huchingson of Colliers on What Makes Commercial Real Estate in Arkansas Attractive

by Arkansas Business Staff 6/23/2014 12:00 am

Kevin Huchingson is president and CEO of Colliers International Arkansas, a commercial and residential real estate services firm. He's been a principal there since 1997 and has led Arkansas' Colliers offices since 2002.

Details Unearthed on Benton's Hurricane Creek Village Project

by Arkansas Business Staff 6/23/2014 12:00 am

The Retail Connection of Dallas invested about $7.3 million to assemble land for the project, which you may have heard will be anchored by a 123,000-SF Kroger Marketplace and a 62,182-SF Academy Sports.

Barber Banker James Van Doren Reconsiders Guilty Plea

by Arkansas Business Staff 6/23/2014 12:00 am

James Van Doren, the New York investment banker and ex-friend of former high-flying northwest Arkansas developer Brandon Barber, has asked to withdraw his guilty plea to one count of money laundering for Barber. U.S. District Judge P.K. Holmes III recently denied that motion.

Recent Million-Dollar Deals Include Apartments, Walgreens

by Arkansas Business Staff 6/23/2014 12:00 am

Two apartment complexes and a Walgreens project generated a series of recent seven-digit deals.