Mann Building Attracts $16.5M Buyer (Real Deals) 
by George Waldon – 6 days ago
An affiliate of Cleveland's Boyd Watterson Asset Management bought the seven-story Mann Building at 322 Main St. in downtown Little Rock.
Real Estate
Mann Building Attracts $16.5M Buyer (Real Deals)
Brokers, Trust Units Stable; Money Managers Up in Arkansas
6 days ago
A surge in assets under management by registered investment advisory firms in North Little Rock, Fayetteville and Little Rock has shaken up this year's list of money managers in Arkansas.
Colorado Company Catches Storage Spot for $2.5M
6 days ago
A mini-storage project in Maumelle, a retail building in Bryant, a grand home in west Little Rock, a warehouse in east Little Rock and a sandwich shop in downtown Little Rock are served up in this week's seven-digit deals.
Walmart Sues 31 Colorado Counties to Shrink Tax Bills
The parent company of Walmart has sued dozens of counties in Colorado where the company has store locations. The company claims its stores' equipment is being overvalued. read more >
Windstream, Uniti at Impasse on Lease Deal
Windstream Holdings Inc. of Little Rock, which is working its way through Chapter 11 bankruptcy, announced Tuesday that mediation to modify its lease arrangement with spinoff Uniti Group Inc. of Little Rock has ended. read more >
BSR Seeking to Raise $500M, Sold Nine Properties For $119M
BSR Real Estate Investment Trust of Little Rock is looking to raise up to $500 million over a 25-month period through a securities sale and has sold nine properties, comprising 1,423 apartment units, for a total of $119.2 million. read more >
FHLB Dallas Awards Arkansas $2M in Affordable Housing Grants
The Federal Home Loan Bank of Dallas announces $16 million in Affordable Housing Program grants, including $2 million dedicated to projects in Arkansas. read more >
Sarah Sanders, Husband Buy $600K Little Rock Home
Former White House Press Secretary Sarah Sanders and her husband Bryan have purchased a home in Little Rock's Pleasant Valley neighborhood for $600,000. read more >
Abernathy: Workforce Improvement the Key to Growing Business in Arkansas
Arkansas must improve its workforce because a skilled labor pool attracts economic development projects, Ted Abernathy said at the annual Arkansas State Chamber/Associated Industries of Arkansas. read more >
Maumelle Towne Centre Sells for $3.2M
Maumelle Towne Centre sold for $3.2 million to 12M Commercial LLC. read more >
Recent Real Estate Deals Total $3M
This week's real estate transactions include offices, convenience stores and a former bank branch. read more >
Maumelle Site Ready for Business, Entergy's Games Says
Danny Games knows a good industrial site when he sees one, and as Entergy Arkansas' director of business and economic development, he and his team have identified one on 121 acres near Maumelle High School. read more >
With Two Hoops Cleared, ESP Plant Closer to Reality
Visions of a $3.5 billion plant to turn natural gas into liquid fuel have tantalized Jefferson County while doubters have touted the project as pie in the sky. With two of four crucial environmental permits in hand, that pie could be going into the oven soon. read more >
Rausch Coleman Makes Deal in Conway's Matthews Meadows
Residential lots in Conway, a store and warehouse in North Little Rock and an office-warehouse in Little Rock form this week's quartet of million-dollar real estate transactions. read more >
Big Block of Whitham Cottages Bought for $3.8M
An Illinois investor recently bought a big piece of Fayetteville's Whitham Cottages for $3.8 million from developer Justin Helms of Austin, Texas. read more >
John Allison Honored by AIA (Movers & Shakers)
John Allison of Morrilton has received the Fay Jones Gold Medal Award from the American Institute of Architects. read more >
Parham Pointe Apartments Attracts $15.1 Million Sale (Real Deals)
An affiliate of Provident Investments of Birmingham, Alabama, acquired the 184-unit apartment project in Little Rock from LFC Properties LLC, led by Larry Williford. read more >
Jonesboro Draws More Competitors to Lending Field
Forrest City's Armor Bank and Little Rock's Encore Bank have entered the Jonesboro market with loan production offices in advance of plans to open full-service locations. read more >
BSR REIT Acquires 2 Texas Apartment Complexes For $92.8M
BSR Real Estate Investment Trust acquires Satori at Long Meadow Apartments in Richmond, Texas, and Auberry at Twin Creeks in Allen, Texas, for a total of $92.8 million. read more >
HMS Mfg. to Open Manufacturing Plant at Little Rock Port, Hire 90
HMS Mfg. Co. of Troy, Michigan, announced Wednesday that it will open a 550,000-SF injection molding facility at the Port of Little Rock, creating about 90 jobs over the next two years. read more >
Hotel Hot Springs Foreclosure Sale Set
The public auction will be held in the foyer of the Garland County Courthouse in Hot Springs, with the proceeds from the sale helping to pay a $128.9 million judgment handed down against the hotel's owner back in June. read more >
David's Burgers-Express Pharmacy Combo Sold in Cabot
Commercial projects in Lonoke, Saline and Pulaski counties were joined by a Little Rock home to form this week's five-piece of million-dollar transactions. read more >
Land Deal Completed for North Little Rock Events Center
Site work for The Venue at Oakdale is in motion near the North Little Rock-Sherwood border. read more >
Dragon Woodland Brings Back Memories of Chicago Mill Fire
Mayor Kevin Smith of Helena-West Helena says the grand opening of Dragon Woodland on the former Chicago Mill property in April was an emotional moment for him. read more >
Discovery Farms Program Helps Farmers Save Money While Saving Face
The Arkansas Discovery Farms Program is giving farmers data to help them farm sustainably, which, in turn, increases profitability, participating farmers and other state agriculture experts say. read more >
Super Chickens Reviving Big Name in Poultry
Blake Evans, the last CEO of Peterson Farms before selling all broiler operations to Simmons Foods Inc. of Siloam Springs in 2008, has hitched the family legacy to a new partnership: a startup headed by a co-founder of the meal-order service Blue Apron. read more >
Arkansas Farmland Values Rise 5.1%
The value of farm real estate in Arkansas rose 5.1% this year compared with 2018, to $3,320 per acre, according to the U.S. Department of Agriculture. read more >
Workforce Training Project Produces $4.65M Sale (Real Deals)
The Arkansas Division of Workforce Services bought its 5401 S. University Ave. project from Steward & Young Inc., led by J.R. Young. read more >
Sage Investor Snags South Creekside Apartments (NWA Real Deals)
A Fayetteville apartment complex sold for $8.3 million to a partnership led by a Rogers real estate investor. read more >
After Merger, OrthoArkansas Looks to Expand
OrthoArkansas of Little Rock, which in January merged with Arkansas Specialty Orthopaedics, wants to add 10 to 15 physicians in the next three to five years. read more >
Mahon Named Manager of First Service Bank Branch (Movers & Shakers)
Anderia Mahon has been hired as branch manager and loan officer for First Service Bank in its Little Rock market. read more >
Recent Real Estate Deals Total $1.5M
Recent sales include apartments, land and an auto shop. read more >
US Mortgage Rates Rise to 3-Month High
U.S. long-term mortgage rates rose slightly this week to their highest point in 12 weeks, though they remain far below their levels of a year ago. read more >
Editors' Picks
