Pulaski County Retirement Properties Total $7.8M in Tandem Transactions

by Arkansas Business Staff  on Monday, Mar. 11, 2019 12:00 am   1 min read

(Google Earth/Mapbox)

Retirement projects in Pulaski County, residential lots in Conway and office property in downtown Little Rock form this week’s quartet of million-dollar transactions.

► Affiliates of Read Property Group of Brooklyn, New York, bought two retirement projects in tandem deals with affiliates of Wenson & Associates of Bee Cave, Texas.

  • Sherwood Senior Apartments LLC acquired the 78-unit project at 201 Teague Lane in Sherwood for nearly $4.3 million from its namesake owner, Senior Residences of Sherwood Ltd.
  • Jacksonville Senior Apartments LLC purchased the 80-unit project at 813 E. Martin St. in Jacksonville for $3.5 million from its namesake owner, Senior Residences of Jacksonville I Ltd.

► Frank Shaw Properties LLC sold 62 lots in the Matthews Meadows subdivision of northeast Conway for $2 million. Buyer: Rausch Coleman Conway LLC, an affiliate of Fayetteville’s Rausch Coleman Homes.

► GH Properties LLC, led by Don Henderson and Robert Thornton, bought the 15,988-SF law office building at 708 W. Second St. in downtown Little Rock from Gary Eubanks for $1 million.

 

 

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