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LATEST ARTICLES BY George Waldon

Piece of Promenade Exceeds $3.9M (Real Deals)

A portion of west Little Rock’s Promenade at Chenal tipped the scales at $3.92 million.

Building on the Bayou: Wetlands Meld with Homesites at Devoe Bend

Developer and civil engineer Eric Holloway estimates that 1,000 homesites in the area have gone through planning approval by the cities of Maumelle and North Little Rock since White Oak Crossing bridged the bayou and connected with its namesake interstate interchange.

Southern Bancorp Adds 20th Branch in Mississippi

Meanwhile, Simmons Bank is opening new branches in Tennessee and Texas.

Extended Stay Hosts $4.4M Transaction (Real Deals)Lock Icon

The 120-room hotel in west Little Rock weighed in at $4.46 million.

The John Paul Hammerschmidt Federal Building in Fayetteville

Fayetteville Investment Banker Faces Guilty Verdict in $18M Fraud Case

The sentencing hearing for John Nock is postponed, with a new date not yet set.

Agri Land Transaction Totals Nearly $5M (Real Deals)

More than 775 acres in east Pulaski County tipped the scales at $4.95 million.

Saracen Raises Ante: $230M Event Center & Hotel Heads for 2025 DebutLock Icon

Work began in October on the 440,000-SF expansion that will more than triple the size of the casino complex in Pine Bluff.

Clarity Pointe Draws $5.9M Creditor Sale (Real Deals)Lock Icon

An assisted living facility for Alzheimer’s and dementia patients in west Little Rock is under new ownership after a $5.9 million foreclosure sale.

Pleasant Valley Country Club: Watershed Little Rock Land Deal Nears 65th Anniversary

The land sale was considered a showstopper at the time. Prominent businessmen of the day were on both sides of the transaction, which helped shape west Little Rock and produced significant redevelopment ripples elsewhere in the state capital.

Arkansas River Project Sells for Nearly $4.9M (Real Deals)Lock Icon

A 72-unit apartment complex in Little Rock tipped the scales at $4.89 million.

RiverBank Buys Into Paragould

RiverBank of Pocahontas is adding a third northeast Arkansas market to its footprint.

Arkansas Bank Commissioner Takes on Dual Role as Securities CommissionerLock Icon

Act 475 of 2023 allows a single commissioner for the State Bank and Securities departments.

Sevier County Medical Center Reflects on Struggles and Triumphs in Year OneLock Icon

The newest hospital in Arkansas, SCMC opened in January of last year and has faced unanticipated construction costs.

Zaxby’s Quartet Totals $6.6 Million (Real Deals)Lock Icon

Four Zaxby’s in Pulaski County changed hands in a series of $1.65 million deals.

SQRL’s Troubles Deepen with Failed $21M Deal

The company sought to buy a string of convenience stores in southwest Arkansas owned by Blackmon Oil Co. in Glenwood. But the more Blackmon learned about SQRL during the six-month option period, the more they grew concerned about its viability.

Oakwood Apartments Sell in $14M Transaction (Real Deals)Lock Icon

A 240-unit apartment project in Jacksonville tipped the scales at $14 million. MCG Oakwood LLC and MCG Oakwood TIC II LLC, both of Lakewood, New Jersey, bought Oakwood Apartments at […]

Sister Banks Set Merger For Q1 of Next Year

The pending merger of the two lenders owned by Mena’s Union Bankshares Inc. will create a bank that ranks among the 30 largest in Arkansas. Based on Sept. 30 financial […]

Circle K Transaction Exceeds $3.9M (Real Deals)Lock Icon

Conark LLC of El Paso, Texas, purchased the 3,600-SF convenience store in North Little Rock for $3.97 million.

SQRL Fuel Stations CEO Joseph Blake Smith Faces Over $10M in Legal Claims

Financial disputes associated with old and new business ventures led by Joseph Blake Smith are stacking up in Pulaski County Circuit Court.

Keeping Up the Capital: Little Rock’s Historic Hotel Gets $3M FaceliftLock Icon

The $3 million project now in progress will repair segments of the west wall built in the 1870s.