Real Estate Archive

Under New Ownership, Franke's Cafeteria Keeps Culture

by Arkansas Business Staff 1/14/2019 12:00 am

In a quiet transaction back in August, Franke's Cafeteria, a culinary institution in Arkansas, was sold by owner Carolyn Franke to General Manager Abraham Delgado.

Buyers Secure Southwestern Bell Building in $1.8M Deal

by Arkansas Business Staff 1/14/2019 12:00 am

Texas investors bought the 370,556-SF Southwestern Bell Building at 1111 W. Capitol Ave. for $1.8 million.

Hampton Inn, Days Inn Sold in Separate Transactions

by Arkansas Business Staff 1/14/2019 12:00 am

Motels in Conway and Pulaski County, a dental office in Bryant and stores in Faulkner County and Conway form a string of five million-dollar real estate transactions.

Latrecia Branch Finds Home at Stone (Movers & Shakers)

by Arkansas Business Staff 1/14/2019 12:00 am

Latrecia Branch has been named as the new operations manager for Stone Bank in its Little Rock office.

Warehouse-Showroom Draws $1.8 Million Sale (Real Deals)

by George Waldon 1/14/2019 12:00 am

Jackson Street Group LLC, led by Matthew Lane and Lane Patterson, bought the Furniture Factory Outlet at 6527 Warden Road. The seller is FFO Wichita Partners LLC, led by Johnny Mizell.

Hathaway Group Announces New Owner Wes Martin

by Arkansas Business Staff 1/11/2019 09:46 am

Hathaway Group of Little Rock has a new owner: Wes Martin. He joins existing partners Jeff Hathaway, Stuart Mackey and John Hathaway.

Update: Recent Real Estate Deals Total $1.43M

by Arkansas Business Staff 1/10/2019 03:53 pm

Lomanco Inc. of Jacksonville, led by Chris Grimes, has purchased two 10,816-SF warehouses at 13 Warehouse Row St. in Jacksonville for $423,500.

Georgia-Pacific Will Lay Off Nearly 700 at Louisiana Mill

by Associated Press 1/10/2019 01:33 pm

Georgia-Pacific says consumers aren't buying as much copy paper anymore, forcing it to lay off nearly 700 people at a Louisiana mill.

Stocks Slip Following 4-Day Surge

by Associated Press 1/10/2019 01:30 pm

U.S. stocks are mostly lower Thursday afternoon as a four-day rally in global markets fades.

Fed Minutes: Growing Risks Make Rate Hike Path Less Clear

by Associated Press 1/9/2019 03:11 pm

Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth. The threats, they said, made the future path of interest rate hikes "less clear."

First National Bank Opens Financial Park Facility In Jonesboro

by Todd Traub 1/9/2019 01:21 pm

It may not be an argument against online banking, but First National Bank of Paragould hopes the in-person experience is more enjoyable for patrons at its new, First National Financial Park facility in Jonesboro.

US Job Openings Fell in November to Still-Strong 6.9M

by Associated Press 1/8/2019 10:27 am

U.S. job openings fell in November from the previous month, but the number of available positions remained healthy.

WindRiver Building Sold For $2.72M

by Arkansas Business Staff 1/7/2019 09:45 am

Riverdale's WindRiver building, home to Brave New Restaurant, has been sold for $2.72 million to 2300 Cottondale Building LLC.

The Year in Executive Q&A: 2018

by Gwen Moritz 1/7/2019 12:00 am

We asked 51 Arkansas business leaders to weigh in on challenge and success throughout 2018.

US Average Mortgage Rates Fall

by Associated Press 1/4/2019 02:48 pm

U.S. long-term mortgage rates fell this week, starting the year with an inducement to prospective homebuyers.

Economists: Buyers Face Tougher Housing Market in 2019

by Associated Press 1/4/2019 10:41 am

Americans' path to homeownership is likely to get more expensive this year, even as a severe shortage of homes for sale shows signs of easing.

$1.1M Sale Leads $3.3M Worth of Real Estate Deals

by Arkansas Business Staff 1/2/2019 02:12 pm

Serenity Park Partners LLC of Little Rock has purchased the 12,195-SF former Serenity House at 2801 W. Roosevelt Road in Little Rock for $1.1 million from Bank of Little Rock.

Sage Partners Names 2 to Leadership Team

by Arkansas Business Staff 1/2/2019 11:26 am

Cushman & Wakefield-Sage Partners announced this week that Grady Mathews and Aaron Nicholson have been named partners of the commercial real estate firm.

Flake & Kelley Gains 4 Shareholders

by Arkansas Business Staff 1/2/2019 10:27 am

Flake & Kelley Commercial has four new shareholder partners: Nicholas Kelley, Cynthia Lu, Kevin Pledger and Eric Varner.

US Pending Home Sales Slipped in November

by Associated Press 12/28/2018 11:08 am

Fewer Americans signed contracts to buy homes in November as higher mortgage rates and prices continued to squeeze would-be buyers out of the market.