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Beacon Hill Apartments Sell for $11MLock Icon

1 min read

This week’s installment of million-dollar real estate transactions starts with a $11 million sale of a Little Rock apartment complex.

► Beacon Hill Little Rock LLC, an affiliate of RREAF Holdings in Dallas, sold its namesake 168-unit apartment project at 1801 Reservoir Road for $11 million to an affiliate of Monarch Investment & Management Group of Franktown, Colorado.

► RSS MSCI2016-UBS 12-AR PAG LLC, an affiliate of Miami’s Rialto Capital Management, recovered the 100-unit Terrace Green Apartments project at 8223 Scott Hamilton Road from PF Terrace Green LLC of Brooklyn, New York.

► Amerco Real Estate Co., an affiliate of U-Haul Holding Co. in Phoenix, bought a 13.7-acre parcel in North Little Rock for $2.6 million.

Who sold the site on the south side of Maumelle Boulevard between Innerplan and Dewaffelbakker drives? Lusk Properties Inc., led by Daniel Lusk.

► Krishna and Aruna Reddy sold their 7,168-SF home in Maumelle’s Rivercrest Estates neighborhood to Stephen and Traci Taylor for more than $1.4 million.

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