Real Estate Archive

Decision Time for Noelle Nikpour in Florida's Tuesday Primary

by Arkansas Business Staff 8/29/2016 12:00 am

Noelle Nikpour has been getting some flak lately for not owning a home in Florida's 18th Congressional District, even though the former (current?) Arkansan and GOP strategist is running to represent the district.

Colonial Arms, Oakwood Place Apartments Sell For $5M In Fayetteville (NWA Real Deals)

by Marty Cook 8/29/2016 12:00 am

White Rock Investments LLC, led by Tim Brisiel of Fayetteville, paid $5 million for two apartment complexes.

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Public Company Execs

by Gwen Moritz 8/29/2016 12:00 am

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state.

25 Years After the Arkansas Gazette's Closing, Veterans Consider Consequences

by Kyle Massey 8/29/2016 12:00 am

The last shot between the Arkansas Gazette and the Arkansas Democrat was fired nearly 25 years ago when the Gazette, the oldest business in the state, was shut down after 172 years and its assets were sold to its rival.

Madison Health & Rehab Draws $4M Transaction (Real Deals)

by George Waldon 8/29/2016 12:00 am

Dixon Realty LLC of Wood-Ridge, New Jersey, purchased the 140-bed nursing home in south Pulaski County from Trinik Holdings LLC, led by Saeed Niksefat.

Tacos 4 Life to Open Restaurant in Little Rock

by Jan Cottingham 8/26/2016 11:14 am

Tacos 4 Life plans to open its first location in Little Rock early next year at Shackleford Crossing Shopping Center.

LRCVB Moves Ahead on Deal for Cromwell Building

by Sarah Campbell 8/24/2016 01:49 pm

The Little Rock Advertising & Promotion Commission's $3.35 million purchase of the Cromwell Building for the Little Rock Convention & Visitors Bureau could be finalized within a month or so.

Bank of the Ozarks Getting Ready for Groundbreaking on New HQ

by Arkansas Business Staff 8/22/2016 12:00 am

Bank of the Ozarks acquired more than 46 acres of mostly undeveloped property this summer, in preparation for its new headquarters. Those deals on the western end of The Ranch development totaled more than $12.5 million.

Yellow Rocket Buys Rebsamen Property for New HQ

by Arkansas Business Staff 8/22/2016 12:00 am

Yellow Rock Concepts of Little Rock, the powerhouse restaurant group, has bought estate sale king Roy Dudley's property at 1311 Rebsamen Park Road in Riverdale.

David's Burgers Sets Stake in Conway Near Future Sam's Club

by Arkansas Business Staff 8/22/2016 12:00 am

A David's Burgers location and 10 houses provide a pair of $1.1 million transactions in Conway.

Port of Little Rock Seeks Room To Grow

by Jan Cottingham 8/22/2016 12:00 am

The No. 1 goal for Bryan Day, executive director of the Port of Little Rock, is to buy 1,500-2,000 acres with $10 million the port gets from a 1 percent sales tax approved in 2011.

Recruiting Billion-Dollar Shandong Sun Paper Mill Starts With Breakfast

by George Waldon 8/22/2016 12:00 am

The future pulp mill site, five miles south of Arkadelphia, represents Shandong Sun Paper's first North American project. Construction of the complex is expected to begin a year from now and produce 250 new jobs to staff it when fully operational in 2020.

Newcomers to Northwest Arkansas Refilling Labor Pool

by Marty Cook 8/22/2016 12:00 am

The Arkansas Department of Workforce Services released a report in July that showed Arkansas' seasonally adjusted unemployment rate was 3.8 percent in June 2016. The U.S. Bureau of Labor Statistics reported unadjusted unemployment rates of 3.1 percent for northwest Arkansas and 4.2 percent for Arkansas.

Central Arkansas Housing Market Responds to Decline in Household Size

by Arkansas Business Staff 8/22/2016 12:00 am

As homeownership in the United States and in Arkansas has declined, the nature of the housing market has changed, notes a recent report by Metroplan, the federally designated planning agency for Pulaski, Faulkner, Saline and Lonoke counties.

Holiday Inn Express Sale Checks In at $5.1 Million (Real Deals)

by George Waldon 8/22/2016 12:00 am

A limited liability company led by Ishverbhai Govind purchased the 1.5-acre, 69-room hotel on East McCain Boulevard in North Little Rock.

Cornelius Schnitzler: Air Industry Lifts Arkansas in Berlin

by Arkansas Business Staff 8/22/2016 12:00 am

Cornelius Schnitzler is the director of the Arkansas Economic Development Commission office in Berlin. The office, which opened in July, is the state's base of operations in Europe, where it aims to maintain existing business relationships and cultivate new ones.

Traveling the Globe in Search of Jobs (Mike Preston Commentary)

by Mike Preston 8/22/2016 12:00 am

Over the last year, your Arkansas Economic Development Commission has traveled almost 20,000 miles around the world searching for good-paying jobs for the people of Arkansas. It's a reflection of the times in which we live. Ours is a global economy, and the competition for new jobs is no longer with surrounding states only, but with every country around the globe.

Mike Malone Stepping Down As Northwest Arkansas Council CEO

by Arkansas Business Staff 8/18/2016 03:41 pm

Mike Malone announced he will leave the Northwest Arkansas Council where he has served as president and CEO of the nonprofit since 2006.

Group Buys Legacy Hotel for $2.85M, Plans $5M in Renovations

by Alexis Hosticka 8/17/2016 04:34 pm

Newly created SHG Management LLC of Sherwood recently purchased the Legacy Hotel in downtown Little Rock for $2.85 million and plans to spend another $5 million on renovations.

Construction Starts on Hyatt Place, Convention Center in Jonesboro

by Graycen Colbert Bigger 8/17/2016 11:51 am

Dodging rainy weather, local officials and members of the Keller Family Hyatt Group marked the start of construction on a $30 million Hyatt Place Hotel & Convention Center in Jonesboro.


Latest Arkansas Business Poll

How has the Broadway Bridge closing affected your travel?