The Ridge at Chenal Valley Sells for $69M


The Ridge at Chenal Valley Sells for $69M
The Ridge at Chenal Valley at 5400 Chenonceau Blvd. in Little Rock (Google Maps)

Apartments, homes and office buildings make up this week's million-dollar deals:

 SMEF Holding Co. LLC, an affiliate of Forge Partners in Rancho Santa Fe, California paid $69 million for The Ridge at Chenal Valley in west Little Rock. 

The 312-unit apartment project at 5400 Chenonceau Blvd. was sold by Chenal Valley Partners LLC, an affiliate of Covenant Capital Corp. of Nashville, Tennessee.

 Alex Sharp Property Holdings LLC bought nine duplexes at 3813 Tates Mill Road and a neighboring 5-acre parcel in north Pulaski County from Ricky and Amanda Harrell for $2 million.

 Jeff Fuller Homes LLC sold a 4,803-SF home in the Heights area of Little Rock to Frank Kumpuris and Anjuli Koshal for $1.7 million.

 Retail Buildings Inc., an affiliate of the Braum’s ice cream parlor-fast food chain based in Oklahoma City, acquired a 1.7-acre site in west Little Rock near the southwest corner of Chenal Parkway and St. Vincent Way for nearly $1.6 million. Seller: Bella Casa LLC, led by Terry Fleming.

 Karen and Gary Mueller sold their 4,421-SF home in the Paradise Lane neighborhood of west Pulaski County for more than $1.3 million. Who purchased the 15-acre spread? The Chad Baker & Kelly Baker Living Trust.

 Michael Cumming bought a 5,400-SF home in the River Club neighborhood near Pinnacle Mountain State Park from Alan and Katherine Barksdale for more than $1.2 million.

 Koon Properties LLC, led by Walter Koon, sold the 44,688-SF Evergreen Business Center at 3520 W. 69th St. in Little Rock for $1.2 million. Buyer? Tillar Little Rock Evergreen Partners Ltd., an affiliate of LanCarte Commercial in Fort Worth, Texas.