Toronto Company Buys More Apartment Properties in Little Rock

Toronto Company Buys More Apartment Properties in Little Rock

Two apartment projects in Little Rock and one in North Little Rock along with a grand home and medical office space in west Little Rock form this week’s quintet of million-dollar transactions.

♦ Arbor Place Apartments Ltd., led by Donald Marshall Jr. and Melba Marshall, sold the 205-unit Terra Vista Apartments project for $3.3 million.

Who bought the Little Rock project at 4811 Terra Vista Circle? Republic Terra Vista Ltd., an affiliate of Republic Funds of Toronto.

♦ Another Republic Funds affiliate acquired the 96-unit Westbridge Apartments project at 2124 Labette Manor Drive in Little Rock for more than $2.6 million.

Seller? Westbridge Apartments II Ltd., led by James Kincannon.

♦ Marshall Equity Investments LLC, led by Donald Marshall Jr., purchased the 98-unit Parkway Crossing complex at 2000 Parkway Drive in North Little Rock for $1.7 million.

Seller: Oowalge LLC, led by Valecia Ootsey-Walker.

♦ Dennis and Tina Porter sold their 5,753-SF home in the Germay Court neighborhood to Raja Pola and Rajani Jagana for more than $1 million.

♦ CLBNB Properties LLC, an affiliate of New Beginnings Behavioral Health Services led by Chirie Bazzelle, bought 11,207 SF in the Westside Medical Plaza at 1 Lile Court for $1 million.

Sellers: Cornerstone Properties, led by Dr. Douglas Smith, and Cornerstone Properties II, led by Dr. Kay Chandler, Dr. Kenneth Singleton and Dr. Kevin Breniman.