Arkansas Business Weekly Edition

March 23, 2015

Conway Builders Enjoying Boom as City Expands

Conway Builders Enjoying Boom as City Expands

The city of Conway is on the verge — if it hasn't reached it yet — of a boom in commercial real estate availability. Just up Interstate 40 from Little Rock, the city has been the host of several recent development projects and is set to begin more in the coming years. read more >

Developers See Surge In Northwest Arkansas Activity

Cody Crawford, the president of C.R. Crawford Construction of Fayetteville, has his hands full with work these days. He's not alone — the region is showing signs of shrugging off the hangover of the recession. read more >

Allens' Successor Sager Creek Also Faced Financial Trouble

The company that bought Allens Inc. of Siloam Springs out of bankruptcy was just a week away from filing its own Chapter 11 bankruptcy in February, according to the trustee for Allens. Sager Creek Vegetable Co. “had significant cash-flow problems,” Allens' Chapter 7 Trustee R. Ray Fulmer II of Fort Smith told Arkansas Business. read more >

This Week's List

Value of $1 Million-Plus Deals Jumps 70 Percent

Value of $1 Million-Plus Deals Jumps 70 Percent

The number of $1 million-plus commercial real estate deals in Pulaski County didn't increase significantly during 2014. But the same can't be said for the dollar total of the transactions, which ballooned by a whopping 70 percent compared with 2013. read more >


Rank Name Price Buyer (Company)
1 Foothills Apartments 42,600,000 Maxus Realty Trust Inc.
2 Midtowne Little Rock 41,450,000 IREIT Little Rock Midtowne LLC
3 Stonebridge at the Ranch Apartments 31,580,000 Stonebridge at the Ranch Owner LLC
4 Shadow Lake Apartments 26,870,000 LSREF3 Bravo Arkansas LLC
5 Park Avenue properties 23,360,000 IREIT Little Rock Park Avenue LLC

Executive Q&A

Arkansas Baptist's Fitz Hill Sees Education, Urban Revitalization and Investments Intertwined

Arkansas Baptist's Fitz Hill Sees Education, Urban Revitalization and Investments Intertwined

Dr. Fitz Hill, who was born and raised in Arkadelphia, was named president of Arkansas Baptist College in 2006. He talks to Arkansas Business about his vision for education and urban renewal. read more >

Spotlight: Commercial Real Estate

Mississippi County Hospitals Expect To See Tax Revenue

Mississippi County Hospitals Expect To See Tax Revenue

Ralph Beaty, the CEO of the Mississippi County Hospital System, already has a list of projects to fund with the money generated from the 0.5 percent countywide sales tax that voters approved in October. read more >

Value of $1 Million-Plus Deals Jumps 70 Percent

Value of $1 Million-Plus Deals Jumps 70 Percent

The number of $1 million-plus commercial real estate deals in Pulaski County didn't increase significantly during 2014. But the same can't be said for the dollar total of the transactions, which ballooned by a whopping 70 percent compared with 2013. read more >

Developers See Surge In Northwest Arkansas Activity

Developers See Surge In Northwest Arkansas Activity

Cody Crawford, the president of C.R. Crawford Construction of Fayetteville, has his hands full with work these days. He's not alone — the region is showing signs of shrugging off the hangover of the recession. read more >

Conway Builders Enjoying Boom as City Expands

Conway Builders Enjoying Boom as City Expands

The city of Conway is on the verge — if it hasn't reached it yet — of a boom in commercial real estate availability. Just up Interstate 40 from Little Rock, the city has been the host of several recent development projects and is set to begin more in the coming years. read more >

Opinion & Analysis

Obamacare Nostalgia (Gwen Moritz Editor's Note)

Obamacare Nostalgia (Gwen Moritz Editor's Note)

Obamacare is 5 years old this week, and that milestone has sent me on a nostalgic journey that dates back a quarter-century. read more >

Stop Messing With SNAP (Tamara Bates Feedback)

Stop Messing With SNAP (Tamara Bates Feedback)

As an American, I am frustrated that Congress continues its assault on our neighbors struggling with poverty. read more >

The Moral of  ‘Jurassic Park' (Editorial)

The Moral of ‘Jurassic Park' (Editorial)

Taking a breather from making the most permanent kind of state law is a spectacular idea. And it suggests the kind of institutional maturity that we had begun to despair of. Deliberative bodies should be very deliberate. read more >