Real Estate Archive

Higher Lumber Prices Continue To Boost Deltic Timber Profit

by Arkansas Business Staff 10/26/2016 04:42 pm

Deltic Timber Corp. of El Dorado on Wednesday announced net income of $1.5 million, or 12 cents per share, in the third quarter of 2016 compared with $100,000 for the third quarter of 2015.

Site Selector: Arkansas' Strong Economic Development Teams An Asset

by Alexis Crowe 10/24/2016 10:29 am

Phil Schneider is the board chair of the Site Selectors Guild and has been in the industry for more than 30 years. The guild is meeting in Little Rock this week.

Jacksonville Valero Valued in $1.2M Transaction

by Arkansas Business Staff 10/24/2016 12:00 am

This week's quartet of multimillion-dollar Pulaski County real estate transactions consists of a west Little Rock home, a Jacksonville convenience store, a Sherwood commercial site and a North Little Rock day care.

Mini Golf Owner Accused of Putting Money Away from Judgment

by Arkansas Business Staff 10/24/2016 12:00 am

Linda Gauthier has been accused of hiding assets to avoid paying the judgment of nearly $350,000 that Regions Bank obtained from Saline County Circuit Court in 2011, according to a lawsuit filed by Edgefield Holdings LLC of Miami, in U.S. District Court in Little Rock.

Online Recruitment Works If Done Correctly, Experts Say

by Sarah Campbell 10/24/2016 12:00 am

Automated job-match programs — like Monster, Indeed, Glassdoor, Career Builder, Dice and the state-run Arkansas JobLink — are still useful, but experts say employers have to use them smartly to get the best results.

Signs of the Times (Gwen Moritz Editor's Note)

by Gwen Moritz 10/24/2016 12:00 am

Most of us who have been in the workplace for a while have encountered the most frustrating kind of co-worker: the one whose hard skills are good, or good enough, but whose soft skills create tension.

No Surprise: Higher Pay Helps Attract, Retain Employees

by Mark Friedman 10/24/2016 12:00 am

All industries, from health care to manufacturing, have faced a shortage of workers. Kathy Deck, director of the Center for Business & Economic Research at the Sam M. Walton School of Business at the University of Arkansas, says increasing pay would be the first action she would suggest when companies can't find the right workers to fill positions.

Employers Seek Hires With Soft Abilities Like Attitude, Teamwork

by Kyle Massey 10/24/2016 12:00 am

“Skills gap” discussions often pivot on abilities or qualifications that employers find in short supply, but broader communication and human interaction traits are more likely to determine success or failure on the job, human resources experts say.

$2.8 Million Transaction Visits LR's Legacy Hotel (Real Deals)

by George Waldon 10/24/2016 12:00 am

SHG Management LLC, led by Kishan Patel, bought the 86-room Legacy Hotel at 625 W. Capitol Ave. The seller is Southern Comfort Inns Inc., led by Amin Amarshi.

Gurdon Girding for More Bank Competition

by George Waldon 10/24/2016 12:00 am

The competitive field of banks in southern Clark County could triple in the near future. Bank of Delight (Pike County) has opened a branch in Gurdon, and Southern Bancorp Bank of Arkadelphia intends to open operations there.

Report: Building Permits, Homes Sold Increase in Northwest Arkansas

by Arkansas Business Staff 10/20/2016 11:00 am

In northwest Arkansas, building permits have increased, the supply of remaining lots continued to fall and the number of complete but unoccupied houses remains low, according to a new residential real estate market report.

In Little Rock, Chase Economist Finds Economic Recovery Going Well

by Sarah Campbell 10/20/2016 10:29 am

"We're not in crisis; we're getting back on our feet," economist Jim Glassman told business professionals Wednesday at an economic outlook luncheon.

After 5 Years of Waiting, Ballet Arkansas to Find New Home on Main Street

by Alexis Crowe 10/19/2016 11:21 am

Five years after development began, Ballet Arkansas is finally moving into its new office and rehearsal space on Main Street Little Rock's "Creative Corridor."

Dallas Company Buys Sears, Doctors Hospital Site for $44M

by George Waldon and Lance Turner 10/19/2016 06:42 am

An affiliate of Provident Realty Advisors Inc. of Dallas bought a five-building, 30-acre development in midtown Little Rock for $44 million.

McLarty Automotive Group Reeling in More Asbury Dealerships

by Arkansas Business Staff 10/17/2016 12:00 am

McLarty Automotive Group will be scooping up what's left of Asbury Automotive Group in Arkansas.

D1 Sports Property Deal Worth $3.1 Million

by Arkansas Business Staff 10/17/2016 12:00 am

An athletic training facility, two warehouses and a 4,788-SF home form our Little Rock quartet of multimillion-dollar transactions this week.

Crye-Leike Adds Two in Metro Little Rock Branches (Movers & Shakers)

by Arkansas Business Staff 10/17/2016 12:00 am

Nathan Kelley has joined Crye-Leike Real Estate Services in Little Rock, and Robert Palmer has joined the Maumelle office.

Central Arkansas Multifamily Construction Sees Growth

by Arkansas Business Staff 10/17/2016 12:00 am

Multifamily housing construction in central Arkansas in 2015 reached its highest point since 2012, with 1,236 units. That's according to Metroplan, the federally designated planning agency for Pulaski, Faulkner, Saline and Lonoke counties.

Maumelle Townhomes Attract $8.5M Transaction (Real Deals)

by George Waldon 10/17/2016 12:00 am

EIIC LLC, led by Jean Eiler, purchased 61 townhomes in The Villas at Audubon near the northwest corner of Audubon and Club Manor drives.

Allow Counties to Innovate (Barry Hyde Commentary)

by Barry Hyde 10/17/2016 12:00 am

Pulaski County is taking three approaches to promote innovative energy conservation and aid the development of markets for energy and water conservation and renewable resource-distributed generation for our citizens.