A 432-unit apartment complex in North Little Rock tipped the scales at $68 million.
Burkhalter Commercial Group LLC, led by John Burkhalter, sold the Fountain at Maumelle project at 10801 Paul Eells Drive. The buyers are The Fountain at Maumelle LLC and HSGC Holdings II LLC, both of Lakewood, New Jersey.
The deal is backed with a 10-year loan of $50 million from Greystone Servicing Co. LLC of Warrenton, Virginia.
The 19.67-acre site was acquired in March 2007 as part of a $1.9 million deal with John and Mary Hearnes.
Office Transaction
A 10,428-SF office building in west Little Rock weighed in at $1.72 million.
1 Executive Center Court LLC, led by Craig Johnson, bought its namesake address from BRC Building LLC, led by Mark Bennett, Yoly Redden and Joseph Colford.
The deal is funded with a seven-year loan of $1.3 million from Simmons Bank of Pine Bluff.
BRC Building purchased the 1.26-acre site for $248,000 in January 1998 from Westrock Partnership, led by Robert Vogel.
Seam Holdings Buy
A 26,835-SF auto facility in south Little Rock sold for $1.5 million.
2 Seam Holdings LLC, led by Brad Bohanan, acquired the Asher Wrecker-Ryan Motors-Precision Collision project at 5909 S. University Ave. and adjoining 2.43-acre parcel.
The seller is Rice & Rice LLC, led by Jeremy Rice.
The deal is financed with a five-year loan of $3.2 million from Relyance Bank of White Hall.
The 3.94-acre development was purchased for $950,000 in August 2016 from LL Ark Properties LLC of St. Louis Park, Minnesota.
The neighboring land was bought in July 2016 as part of a $158,000 deal with Automotive Group Realty LLC of Bloomfield Hills, Michigan.
Historic Acquisition
A 2,896-SF historic office building in downtown Little Rock changed hands in a $400,000 deal.
Spillways Realty LLC, led by Paul Prater, purchased the 1012 W. Second St. project.
The seller is Barron & Tucker PA, led by Thomas Barron and Casey Tucker.
The deal is backed with a five-year loan of $320,000 from Bank of Little Rock.
Barron & Tucker acquired the 0.17-acre development for $150,000 in March 2011 from Arkansas Bankers’ Bank, led by Bill May.
Shop Purchase
A 7,150-SF service repair shop in south Little Rock rang up a $385,000 sale.
Pedro’s Shop LLC, led by Pedro Arana, bought the 4511 Asher Ave. project from Chidi Ndiribe Ukegbu. The deal is funded with a three-year loan of $308,000 from First Security Bank of Searcy.
The 0.58-acre development was purchased for $100,000 in October 2014 from Pat Wilson.
Falcon Ridge Estates
A 4,523-SF home in the Falcon Ridge Estates neighborhood of west Pulaski County tipped the scales at $1.48 million.
Vincent Fall acquired the nearly 7-acre spread from the Walker-McClennon Revocable Trust, led by Joel Walker and Carmen McClennon.
The deal is financed with a 30-year loan of $300,000 from Fairway Independent Mortgage Corp. of Carrollton, Texas.
The McClennons bought the 6.67-acre spread for $1.4 million in September 2021 from Michael and Mary Jane Cole.
The Estates
A 5,304-SF house in The Estates neighborhood of west Little Rock weighed in at $1.09 million.
The Johnathan & Julia Goodwin Trust purchased the property from Nutan Bhaskar and Latha Achanta.
The deal is backed with a 30-year loan of $876,000 from Stifel Bank & Trust of St. Louis.
The residence was acquired for $741,250 in June 2015 from Arkansas State University in Jonesboro.
Heights Home
A 3,976-SF home in the Heights area of Little Rock drew a $995,000 transaction.
Breck and Kelsey Sandvall bought the house from the Barbara & David Pryor Revocable Living Trust.
The deal is funded with a seven-year loan of $999,999 from Encore Bank of Little Rock.
The Pryors purchased the residence for $730,000 in October 2016 from Thomas and Paige Rystrom.
Falstone Court
A 4,146-SF home in west Little Rock’s Falstone Court neighborhood is under new ownership after a $964,286 deal.
Devon and Christie Ballard acquired the house from the Jackie Von Stevens & Angela Janine Stevens Living Trust.
The deal is financed with a 30-year loan of $549,286 from Bank of England.
The 0.4-acre site was bought for $110,000 in May 2019 from PotlatchDeltic Real Estate LLC.
Hickory Creek
A 5,855-SF home in west Little Rock’s Hickory Creek neighborhood sold for $930,000.
Susanna and Tudor Moldoveanu purchased the house from the Dunnagan Revocable Trust, led by Steven and Kimberly Dunnagan.
The deal is backed with a 24-year loan of $744,000 from Regions Bank of Birmingham, Alabama.
The Dunnagans acquired the residence for $775,000 in July 2004 from Anthony and Laurie Saggese.
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