Real Estate Archive

Generations Bank Forecloses on Former Gravette Mayor

by Arkansas Business Staff 11/27/2017 12:00 am

Generations Bank has filed a foreclosure suit in Benton County Circuit Court against a former Gravette mayor who ran a since-closed restaurant.

How Chinese Textiles Filled Sanyo's Old Role as Forrest City Hero

by Kyle Massey 11/27/2017 12:00 am

Forrest City was seeking a suitor for a massive shuttered factory. Shandong Ruyi Technology Group of China was looking for the right spot for its first U.S. facility, a vast yarn factory capable of consuming Arkansas' entire annual cotton crop.

Industrial Space Vacancy Rate Falls in Central Arkansas

by Arkansas Business Staff 11/27/2017 12:00 am

The total vacancy rate for industrial space in the central Arkansas real estate market fell to 9.6 percent in third-quarter 2017, compared with 10.6 percent in third-quarter 2016.

Bass Pro, Hooters Site Yields $23M Tandem Sale (Real Deals)

by George Waldon 11/27/2017 12:00 am

The sale-leaseback of Little Rock's 104,359-SF Bass Pro Shops spawned a $21.89 million transaction.

Arkansas Agriculture Looks to Tomorrow (Freddie Black Commentary)

by Freddie Black 11/27/2017 12:00 am

In about 30 years, our world will be home to nearly 10 billion people. Farmers will have to feed more people than they have in the previous 100 years. Farmers and ranchers will have to produce more food and fiber on the same or fewer acres than they do today.

Fayetteville Condos Sell for $2.5 Million (NWA Real Deals)

by Marty Cook 11/27/2017 12:00 am

Molly Court LLC, led by Jeff Koenig, bought the multifamily property at Molly Court and Leverett Avenue in Fayetteville.

Ross Whipple Branches Out, Logs Time Away from Boardroom

by Arkansas Business Staff 11/27/2017 12:00 am

Ross Whipple manages more than 120,000 acres of Arkansas timberland as chairman of the Ross Foundation and president of Horizon Timber Services Inc.

Alloplastic Reconstruction Finds New Home

by Sarah Campbell-Miller 11/21/2017 09:28 am

Land was sold and donated, and a building was bought in the second half of October.

U.S. Home Sales Rose in October as Hurricane Impact Wanes

by Associated Press 11/21/2017 09:04 am

Americans bought more homes last month, as sales snapped back in hurricane-hit Texas and Florida. Yet the market is still suffering from a dwindling supply of available homes.

Switzer Siblings Square Off Over Delta Farmland

by Arkansas Business Staff 11/20/2017 12:00 am

The three children of former Dallas Cowboys coach Barry Switzer are fighting over the sale of 409 acres of farmland in western Arkansas County, just south of Humphrey.

Pulaski County Farmland Sells for $11.7 Million

by Arkansas Business Staff 11/20/2017 12:00 am

Farmland, a retail project, two apartment projects, two homes and an industrial property form a procession of Pulaski County million-dollar transactions.

Court Filing Shows No Love for Lucy's Diner

by Arkansas Business Staff 11/20/2017 12:00 am

Mathias Shopping Centers Inc., led by Sam Mathias of Springdale, has filed a second suit in Washington County Circuit Court against Neon Restaurants LLC of Fort Smith.

Central Arkansas Retail Vacancy Rate Moves Higher

by Arkansas Business Staff 11/20/2017 12:00 am

The total vacancy rate for the central Arkansas retail real estate market rose to 6 percent in third-quarter 2017 compared with 5.1 percent in third-quarter 2016.

Higher Waters Open Gates to Higher Flood Insurance Premiums

by Marty Cook 11/20/2017 12:00 am

For many Arkansans, the path to flood insurance goes through FEMA's National Flood Insurance Program–¬†and participation in the NFIP is dropping.

With Health Care, Allen Kerr Seeks Freedom from Fed

by Arkansas Business Staff 11/20/2017 12:00 am

Arkansas Insurance Commissioner Allen W. Kerr has over three decades of experience in insurance and financial services.

B&B Solutions Facility Draws $2.2M Sale (Real Deals)

by George Waldon 11/20/2017 12:00 am

Woodmont Mabelvale LLC of New York bought the 38,000-SF office-warehouse facility in southwest Little Rock from BNBS Properties LLC, led by Jerry Spears.

Mortgages Rates Rise: 30-year Hits 4-month High of 3.95 Percent

by Associated Press 11/17/2017 11:58 am

Long-term mortgage rates rose this week to the highest level in months.

Real Estate Deals Total $3M

by Sarah Campbell-Miller 11/16/2017 08:57 am

Baseline Road property bought for convenience store and gas station tops recent real estate buys at $980,000.

Investment Group Buys Medical Office Building for $7.5M

by Arkansas Business Staff 11/14/2017 09:11 am

The four-story, 49,333-SF Arkansas Neuro-Spine Center at 9101 Kanis Rd. in Little Rock sold for $7.5 million to local investment group Kanis Medical LLC, led by Drs. Christian Michaels and Richard Houk.

First Orion to Move Headquarters to North Little Rock

by Lance Turner 11/13/2017 12:06 pm

First Orion of Little Rock says it will move into a new, six-story office building on Main Street in the Argenta Historic District of North Little Rock.