Real Estate Archive

Arkansas Competing for 2 USDA Offices, 700 Jobs

by Sarah Campbell-Miller 3/13/2019 04:27 pm

Arkansas is one of 35 states still being considered as a potential new home for the U.S. Department of Agriculture's Economic Research Service office and National Institute of Food & Agriculture office. Both are moving from Washington, D.C.

US Construction Spending Up Strong 1.3 Percent in January

by Associated Press 3/13/2019 09:50 am

Spending on U.S. construction projects in January posted the biggest gain in nine months, as strength in nonresidential construction and government projects offset continued weakness in home construction.

Recent Real Estate Deals Total $1.8M

by Arkansas Business Staff 3/11/2019 11:20 am

J&P Associates of New York City have sold the 8,990-SF Dollar General at 7501 Mabelvale Cutoff Road in southwest Little Rock for $942,000.

Cardinal Health Project Attracts $7M Transaction (Real Deals)

by George Waldon 3/11/2019 12:00 am

Cardinal Sherwood LLC of Marina Del Rey, California, bought the 71,005-SF office building at 5426 Landers Road in Sherwood.

Marijuana Dispensary Trio Failed to Mention Family Tie

by Marty Cook 3/11/2019 12:00 am

A Mayflower family that failed to acknowledge their relationship is at the center of an investigation and a lawsuit over the granting of licenses for three medical marijuana dispensaries in Arkansas.

Pulaski County Retirement Properties Total $7.8M in Tandem Transactions

by Arkansas Business Staff 3/11/2019 12:00 am

Retirement projects in Pulaski County, residential lots in Conway and office property in downtown Little Rock form this week's quartet of million-dollar transactions.

US New-Home Sales Rose 3.7 Percent in December

by Associated Press 3/5/2019 10:25 am

Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market.

Skyline Report: More Permits Issued, Home Prices Continue to Rise

by Sarah Campbell-Miller 3/5/2019 09:55 am

More building permits were issued in northwest Arkansas last year than have been issued any year since 2006, according to the latest Arvest Bank Skyline Report. At the same time, the average price for homes continued to increase.

Marlon Blackwell Raises Bar on Framework of Arkansas Architecture

by Arkansas Business Staff 3/4/2019 12:00 am

Marlon Blackwell , the Fayetteville architect, admits he sees little downside in being famous, as long as he remembers where he came from.

Gateway Office Park Sells for $2.2M

by Arkansas Business Staff 3/1/2019 09:47 am

´╗┐Gateway Office Park at 11701 Interstate 30, a 43,000-SF office/retail property in southwest Little Rock, sold for $2.2 million on Feb. 22 to Gateway Office LLC.

Recent Real Estate Deals Total $960K

by Arkansas Business Staff 2/28/2019 12:10 pm

Hwy 107-10.3 LLC of North Little Rock, led by Byron McKimmey, bout a 10-acre commercial parcel and vacant 2,160-SF retail building at 14177 Highway 107 in Gravel Ridge for $535,000.

US Pending Home Sales Rebounded 4.6 Percent in January

by Associated Press 2/27/2019 10:40 am

More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost.

US Housing Starts Plummeted 11 Percent in December

by Associated Press 2/26/2019 09:23 am

The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year.

BNSF Logistics at Core of Sage Property Deals

by Arkansas Business Staff 2/25/2019 12:00 am

BNSF Logistics has been busy in Springdale as the center of a couple of multimillion-dollar deals.

Walmart's Snapbox Buys in Little Rock Total $5.3M

by Arkansas Business Staff 2/25/2019 12:00 am

This week's quartet of big real estate transactions is composed of mini-storage properties in Little Rock and medical buildings in North Little Rock and west Little Rock.

Presenting the 31st Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/25/2019 12:00 am

Arkansas Business honors the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

Population & Job Growth Shifts in Central Arkansas

by Arkansas Business Staff 2/25/2019 12:00 am

Job growth in central Arkansas exceeded population growth until about 2010.

Secret Schwyhart Settlement Unveiled

by George Waldon 2/25/2019 12:00 am

Litigation involving a small fleet of corporate jets loaded with debt evaporated on Oct. 23, 2013. For Bill Schwyhart, the settlement with billionaire John Calamos marked an epic payday of several million dollars that restored the financial fortunes of the once high-flying northwest Arkansas developer.

Chenal Rehabilitation Sells For $5.9M (Real Deals)

by George Waldon 2/25/2019 12:00 am

An affiliate of Stein & Associates of Fort Smith bought the Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road.

Refurbished Cedar Corner Purchased for $1.45M (NWA Real Deals)

by Marty Cook 2/25/2019 12:00 am

Bapuji Vakkalagadda, through his VFAM Group Inc., bought Cedar Corner, a 20-unit apartment complex in Fayetteville.