Embargoed
Courtyard Acquisition Checks In at $5.5M (Real Deals)
A 149-room hotel in west Little Rock tipped the scales at $5.55 million.
by George Waldon -
The Root Cafe’s second location at Breckenridge Village in Little Rock aims to open after the new year. Hiring for both locations will begin soon.
Arkansas will refresh its rail plan in 2025, addressing freight, safety, passenger rail upgrades, and federal funding opportunities to boost rail infrastructure.
Dillard’s Inc. will pay a record $25 per share dividend in January, totaling millions for family members. Despite a 19.76% profit drop, the family controls the company.
Vocational Training Gains Ground in Arkansas with Issue 1’s Approval
Mark Moreland believes Issue 1’s passage will boost respect for vocational education, with 90% voter approval allowing lottery funds for technical school scholarships. read more >
Pleasant Ridge & Pleasant Valley Pointe Apartments Sell for $31.7M
West Little Rock apartments lead off this week’s collection of million-dollar real estate transactions and construction contracts. read more >
Crystal Bridges Expansion Moves Toward Finish Line
The 114,056-SF expansion is two-thirds complete, adding exhibition, education and community spaces. Set for completion in 2026, it aims to enhance art displays and public engagement. read more >
by Jan Cottingham -
Rogers Revamps Zoning to Foster Mixed-Use Developments and Reduce Urban Sprawl
Rogers' new Unified Development Code aims to reduce sprawl, streamline development, and transform the city into a connected, sustainable "vertical city" downtown. read more >
by Marty Cook -
Brad Beech Sues Brother Over Trucking Company Stake & Embezzlement Claims
The brothers teamed up to start a companion logistics company called Everyone On Time Safely Logistics LLC, with each owning half, according to a lawsuit filed in Pulaski County that has started the legal dispute over stake in one of the state’s fastest-growing trucking companies. read more >
by Mark Friedman -
$3.5M Renovation Starts at Hot Springs High-Rise, Despite Penthouse Holdout
Renovations are underway at the historic Medical Arts Building in Hot Springs, with plans to transform it into an Aloft hotel by Marriott. read more >
Nabholz to Build $20M Forest of Hope Family Peace Center in Little Rock
This week's million-dollar deals and construction contracts starts off with a $20 million contract to build a new center to help domestic violence victims. read more >
Vilonia Businessman’s $400K Legal Battle Unfolds Amid Fraud Allegations
Ryan Saddler sues his former attorney Shane Henry, alleging fraud, malpractice, and unethical conduct over a $400,000 consent judgment and mismanagement of company finances. read more >
by George Waldon -
Arkansas Proposes Changes to CPA Licensing Requirements to Address Industry Demands
New rules may be on the horizon, but for now, an aspiring certified public accountant in Arkansas needs 150 hours of college credit. That’s five years of schooling at the normal rate. read more >
by Kyle Massey -
Pediatrics Plus Draws $8.7M Transaction (Real Deals)
A 32,518-SF child development center in west Little Rock weighed in at $8.7 million. read more >
by George Waldon -
CPA Licensing: The Path, the Test and the Numbers
Arkansas may adopt a 120-hour CPA licensure path with two years of work experience, aiming to ease barriers and attract more candidates to the profession. read more >
Downtown Little Rock Hampton Inn & Suites Sells for $11M
Explore Little Rock's latest million-dollar transactions, including hotel sales, luxury homes, and major commercial developments shaping the city's market. read more >
Storage Project Starts With $5.1M Purchase (Real Deals)
Discover key real estate transactions across Little Rock, from a $5.1M Riverdale Center sale to high-value homes, offices, and condos changing hands. read more >
by George Waldon -
Crystal Bridges Museum Breaks Attendance Records in 2023
Attendance at Crystal Bridges Museum of American Art has fully recovered from the pandemic, says its executive director, Rod Bigelow, with the museum recording its most visitors ever in 2023. read more >
Court Case Pits Hot Springs High-Rise Owner Against Penthouse Holdout
Parth Patel seeks to renovate Hot Springs' historic Medical Arts Building into a hotel, but a dispute over assessment fees with penthouse owner Melanie Chambers threatens the project. read more >
by Mark Friedman -
Trails at Mena Project Gains Preliminary Approval; Delta Heritage Trail on Track for 2025
Two major Arkansas trail projects, the Delta Heritage Trail and the Trails at Mena, are advancing, with plans to enhance biking and outdoor recreation across the state. read more >
by George Waldon -
Off-Road Tourism Revving Up Arkansas’ Economy
Off-road tourism in Arkansas hit $90.1M in 2022, fueled by growing ATV/UTV use, with pioneers like Pam Ferguson driving trail development and eco-conscious growth. read more >
by Marty Cook -
West Memphis Company Raises $4M in Private Equity Placement
GLWM Medicinal Investment Co. LLC in West Memphis raised $3.93M through private equity. Tied to Greenlight Dispensary, it likely focuses on medical marijuana. read more >
First Security Bank Pursues Foreclosure on Texas Trucking Company
First Security Bank is seeking to foreclose on a loan to a Texas trucking company that bought $3.8 million worth of property in Springdale in 2022. read more >
Springdale Storage Complex Sells for $4.7M (NWA Real Deals)
Explore recent real estate transactions in Northwest Arkansas, including self-storage, church, apartments, warehouses, and office spaces sold for millions. read more >
by Marty Cook -
Sign up for Daily E-news
Sign Up
THIS WEEK’S EDITION
This Week’s Stories
View Digital Edition
