Real Estate Archive

Liberty Bank Looks to Lock Up Little Rock Land Owned by Bruce Burrow

by Arkansas Business Staff 6/3/2013 12:00 am

Liberty Bank of Arkansas is targeting another of Jonesboro developer Bruce Burrow's Little Rock properties after he allegedly defaulted on a loan worth nearly $2 million.

Hilton's Home2 Suites on Short List for Shackleford Crossings Site

by Arkansas Business Staff 6/3/2013 12:00 am

An apartment complex, hotel site and a home each generated million-dollar transactions in Little Rock.

Pleasant Valley Country Club Goes to Court Over Basketball Court

by Arkansas Business Staff 6/3/2013 12:00 am

A half-basketball court built in the backyard of a local businessman sits on property owned by Pleasant Valley Country Club, according to a Pulaski County Circuit Court lawsuit.

Housing Woes Plagued Cash-Strapped Martha Shoffner

by George Waldon 6/3/2013 12:00 am

Official corruption is generally associated with a desire for personal enrichment. But in the case of Martha Shoffner, the payoffs were small and, according to the FBI, driven primarily by housing concerns.

Fuel Facility Draws $18.9 Million Sale (Real Deals)

by George Waldon 6/3/2013 12:00 am

A Texas Energy company bought a 28.4-acre fuel storage development in North Little Rock from Arkansas Terminaling & Trading Inc., led by Greg Arnold.

Even Some College Means a Higher Paycheck

by Mark Friedman 6/3/2013 12:00 am

A recent study by the Arkansas Research Center in Conway shows that students who completed even a few college courses will make more money than if they never went to college.

US Rate on 30-Year Mortgage Rises to 3.81 Percent

by Associated Press 5/30/2013 10:48 am

Average U.S. rates on fixed mortgages jumped this week to their highest levels in a year, signaling slightly higher costs for homebuyers. But rates still remain low by historical standards.

Sales of Bank-Owned Homes Hit 5-Year Low in 1Q

by Associated Press 5/30/2013 07:27 am

Sales of bank-owned homes have plunged to a five-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.

Realtors: April Home Sales Rose 13.6 Percent From Last Year

by Arkansas Business Staff 5/29/2013 03:42 pm

The Arkansas Realtors Association says home sales in April rose 13.6 percent from the same time last year, the largest year-over-year increase since February 2012.

BSR Trust Closes on Purchase of Albert Pike Hotel, Plans $6M Renovation

by Arkansas Business Staff 5/28/2013 03:08 pm

BSR Trust LLC of Little Rock and Montgomery, Ala., said Tuesday that it has closed on its purchase of the Albert Pike Hotel in Little Rock, and will renovate the 130-unit apartment building.

Rising Home and Stock Prices Boost US Confidence

by Associated Press 5/28/2013 11:06 am

Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home prices, a brighter job market and record-setting stock prices.

Hotel Magnate, Missouri Philanthropist John Q. Hammons Dies

by Associated Press 5/27/2013 05:30 pm

John Q. Hammons, who died Sunday at age 94 in a Springfield nursing home, built more than 200 hotels nationwide, including Embassy Suites, Marriotts, Radissons and Holiday Inns.

Update: Convenience Store Kum & Go Plans New WLR Location, Sparks Zoning Battle

by George Waldon 5/27/2013 12:00 am

Three west Little Rock neighborhood associations banded together to drum up opposition to a $2 million-plus Kum & Go project at the southeast corner of Rodney Parham Road and Breckenridge Drive.

VCC Gaining on Nabholz on Commercial Contractors List

by Gwen Moritz 5/27/2013 12:00 am

No. 2 VCC of Little Rock nearly caught up with No. 1 Nabholz Construction Corp. of Conway in 2012. Meanwhile, Clark Contractors more than doubled its revenue in 2012.

University of Arkansas Seeking $30 Million On-Campus Hotel Project

by Chris Bahn 5/27/2013 12:00 am

University of Arkansas view a $30 million full-service hotel and conference center as a way to expand the school's executive education programs, especially in business.

Former Razorback Coach John L. Smith Settles Transfer Dispute in Bankruptcy Case

by Arkansas Business Staff 5/27/2013 12:00 am

Former Arkansas Razorbacks football coach John L. Smith reached a settlement with his bankruptcy trustee to return some of the money he gave away or received before he filed for Chapter 7.

Most of Valley Heights Apartments in Little Rock Find New Owner

by Arkansas Business Staff 5/27/2013 12:00 am

Cantrell Heights LLC, led by John Bailey, purchased 126 units of the 198-unit troubled Valley Heights Apartments in a $4.4 million transaction.

Recession Stalls Job Sprawl

by Arkansas Business Staff 5/27/2013 12:00 am

Before the economic downturn, private-sector jobs were advancing toward the suburbs of the nation's 100 largest metropolitan areas. But the job losses experienced during the recession slowed that move away from downtowns across the United States.

Eastside Lofts Attracts $900,000 Sale (Real Deals)

by George Waldon 5/27/2013 12:00 am

An apartment project and a Main Street office building were both downtown Little Rock properties switching hands in recent weeks.

Laura Knox Named Faculty Member of the Year at ASU-Mountain Home (Movers & Shakers)

by Arkansas Business Staff 5/27/2013 12:00 am

Laura Knox has been selected as Faculty Member of the Year at Arkansas State University-Mountain Home. Knox began teaching at the university in 2005 as an adjunct instructor and was promoted to full-time faculty in 2010.