Real Estate Archive

Arkansas Homes Sales Up 10 Percent in June

by Arkansas Business Staff 8/22/2014 11:14 am

Home sales rose 10.4 percent in June, according to a report Friday by the Arkansas Realtors Association.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Fort Smith Stays on Top of Arkansas Tech Business Index; 11 Cities Improve

by Lee Hogan 8/18/2014 10:19 am

For the third month in a row, Fort Smith remained on top of the Arkansas Tech Business Index, according to data compiled for May.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Windstream Spinoff Hits Dividend Even More Than You Think

by Michelle Corbet 8/18/2014 12:00 am

On July 29, Windstream Holdings Inc. sent shock waves through Wall Street when it announced it would spin off most of its physical assets — mostly copper wires and fiber-optic cables — into a separate, publicly traded real estate investment trust.

John Rogers West Side Condo Back on Manhattan Market

by Arkansas Business Staff 8/18/2014 12:00 am

A condo overlooking New York's Central Park that John and Angelica Rogers have rented for several years recently went back on the market.

Landers Toyota, Baptist Health School Subjects of Latest Seven-Digit Deals

by Arkansas Business Staff 8/18/2014 12:00 am

Our latest lineup of big real estate transactions features a quartet, three in the capital city and one in North Little Rock.

Lindsey's Roy Stanley Takes On IRS

by Arkansas Business Staff 8/18/2014 12:00 am

Roy E. Stanley, the longtime president of Fayetteville's Lindsey Management Co. and current president of Lindsey Communications Inc., and his wife, Carol, are suing the Internal Revenue Service over the findings of an audit performed in October 2012.

Central Arkansas Industrial Vacancy Rate Stable

by Arkansas Business Staff 8/18/2014 12:00 am

The vacancy rate for industrial real estate in central Arkansas remained relatively stable through the second quarter of 2014, ticking up just slightly to 10.8 percent compared with 10.6 percent in first-quarter 2014. That's above the national average of 9 percent but far below central Arkansas' 12.2 percent vacancy rate of second-quarter 2013.

Chesshir: Startup Ecosystem Can Bring Downtown to Life

by Mark Carter 8/15/2014 11:12 am

The nascent Main Street creative corridor and Little Rock technology park are revealing signs of life, but Jay Chesshir, president of the Little Rock Regional Chamber of Commerce, believes the continued development of Little Rock's burgeoning tech-based startup ecosystem can help get it there.

LR Tech Park Receiving 'Genuine Interest' from Prospective Tenants

by Mark Carter 8/14/2014 10:18 am

Brent Birch, the director of the Little Rock Tech Park, told the park's board on Wednesday that he has received "genuine interest" from local companies interested in being a part of the park.

Little Rock Metro's Housing Permits Down in 2013

by Lee Hogan 8/12/2014 12:51 pm

Numbers were down across the board in the housing market in central Arkansas last year. The total number of housing permits, 2,094 — including single-family and multi-family — was lower than numbers from the Great Recession and the lowest since 1992.

Developers Eye Large Mixed-Use Development in Jonesboro

by Lee Hogan 8/11/2014 11:01 am

Developers hope to move a step closer to redeveloping a 200-acre plot of land at the intersection of U.S. 49 and Arkansas 351 after Tuesday's Jonesboro Metropolitan Area Planning Commission meeting.

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.

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.