Real Estate Archive

Power and Pain of Consensus (Barry Goldberg On Leadership)

by Barry Goldberg 8/15/2016 12:00 am

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent.

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

Sale of Former Remington College Exceeds $4.3 Million (Real Deals)

by George Waldon 8/15/2016 12:00 am

EAI Realty Inc., an affiliate of Education America Inc. of Heathrow, Florida, sold the 35,000-SF building in west Little Rock.

Richardson Properties to Build $150M Complex in North Little Rock

by Sarah Campbell 8/11/2016 10:43 am

Richardson Properties LLC of North Little Rock announced on Thursday that the city's planning commission has approved its $150 million multi-family "The Pointe North Hills" development near Interstate 40 and North Hills.

18 Cities See Increased ATBI Ratings in Latest Report

by Arkansas Business Staff 8/9/2016 11:20 am

Eighteen of the 20 cities on the Arkansas Tech Business Index saw their rating increase following the compilation of data for May 2016. Just one month earlier, 15 of the 20 cities on the index experienced a rating decrease.

David's Burgers Now Looking Toward Fall Opening in River Market

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

David “Alan” Bubbus, owner of the Little Rock mini-chain David's Burgers, is hoping to open the David's in the River Market in September or October. But first he has to finish converting an outdoor seating area into a common area for visitors to Ottenheimer Market Hall.

Centerton Home Sells for $1.7 Million

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

Joe and Jimi Michelle Doty bought the six-bedroom, 5 1/2-bath house. Joe is the COO of Baylor College of Medicine in Houston, and Jimi is a nurse practitioner originally from Siloam Springs.

Ten Arkansas Business Icons Have Stories to Tell

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

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state's business community.

US, Arkansas Homeownership On the Decline

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

Although the housing market continues to recover since the Great Recession, the rates of homeownership remain below peak levels both in the United States and in Arkansas.

FedEx Development Delivers $31.7M Deal (Real Deals)

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

Wilark LLC, an affiliate of Realtech Construction Co. of Los Angeles, bought the 311,684-SF FedEx Ground facility in southwest Little Rock.

Asa Hutchinson Announces Appointments to Boards, Commissions

by Arkansas Business Staff 8/5/2016 02:37 pm

Gov. Asa Hutchinson on Friday announced appointments to boards, commissions and other groups.

Historic Melba Theater in Batesville Reopens Aug. 12

by Arkansas Business Staff 8/3/2016 12:07 pm

One of the state's oldest theaters, the Melba Theater in Batesville, will reopen Aug. 12 with a grand opening, red carpet gala thanks to the restoration efforts of owners Janelle and Joe Shell and Mandi and Adam Curtwright.

Tri-State Truck Center Building $13M Dealership in NLR

by Sarah Campbell 8/1/2016 09:53 am

Construction of a new Tri-State Truck Center dealership at 8901 Diamond Drive in North Little Rock is expected to begin this week and wrap up in about a year, according to co-owner Jim Maddox.

Sage Partners, Capital Properties Ready To Merge

by Arkansas Business Staff 8/1/2016 12:00 am

Sage Partners of Fayetteville, the real estate arm of Hunt Ventures LLC, and Capital Properties in Little Rock are getting ready to merge this week.

NLR Bowling Project Rolls Out $2.3M Sale (Real Deals)

by George Waldon 8/1/2016 12:00 am

Millennium Bowl of Little Rock LLC, led by Anil Nayar, Aziz Pabani, Akbar Pabani and Kairunnisa Khan, bought its namesake project at 7200 Counts Massie Road. The seller is Millennium Bowl Inc., led by James Moore.

Play Your Own Game (Gwen Moritz Editor's Note)

by Gwen Moritz 8/1/2016 12:00 am

You need to play your own game. Don't let the decisions others are making be more than data points in the mix when making your own decisions, because they aren't working with the exact same factors.

Home Ownership Down, Renting Up in Central Arkansas

by Sarah Campbell 7/28/2016 04:11 pm

Home ownership continues to decline as rental housing grows in central Arkansas and nationally, according to Metroplan's 2016 Demographic Review and Outlook.

Dollar General Buys Former Walmart Express Stores in Coal Hill, Mulberry

by Sarah Campbell 7/28/2016 12:28 pm

Dollar General of Goodlettsville, Tennessee, announced this week its acquisition of 41 former Walmart Express stores in 11 states, including one in Coal Hill and one in Mulberry.

Homes Sold Statewide Increases 7 Percent in June, 12 Percent Year-to-Date

by Alexis Hosticka 7/28/2016 10:58 am

Arkansas realtors experienced a 7 percent increase in the number of homes sold statewide in June as reflected in a report distributed by the Arkansas Realtors Association Thursday. Statewide, there has been a nearly 12 percent increase in number of units sold compared to 2015, with 16,370 home sold so far this year.

Better Lumber Market Drives Deltic Timber Profit Higher

by Sarah Campbell 7/27/2016 04:29 pm

Deltic Timber Corp. of El Dorado announces net income of $4.2 million, or 35 cents per share, in the second quarter of 2016 compared with $800,000, or 7 cents per share, for the second quarter of 2015.