Holiday Inn

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

Westrock Hotels LLC, led by Pravinchandra Patel, Ishver Govind and Manish Patel, sold the 128-room Holiday Inn at at 10920 Financial Centre Parkway in west Little Rock for $5.5 million. read more >

The Texas podiatrist who wants to buy the hotel and convention center on the Arkansas side of Texarkana out of bankruptcy asked a judge to reconsider the denial of some tax incentives tied to the project. read more >

A U.S. District Bankruptcy judge last month approved the sale of the hotel and convention center on the Arkansas side of Texarkana. read more >

MidSouth Bank of Lafayette, Louisiana, has asked a bankruptcy court judge not to allow Dr. Hiren D. Patel, who owns the Arkansas Convention Center & Holiday Inn in Texarkana, to be allowed to walk away from a $13.3 million debt he owes the bank. read more >

A Texas podiatrist with a past that includes a federal conviction wants to buy the troubled Arkansas Convention Center & Holiday Inn out of bankruptcy — and that has some Texarkana officials on the Arkansas side concerned. read more >

Texarkana Hotels, owned by Dr. Hiren D. Patel, has entered into a $6.6 million purchase agreement with James J. Naples, and will be seeking the court’s approval of the sale. read more >

MidSouth Bank of Lafayette will be paid proceeds from the sale of a Texarkana hotel which was sold through the bankruptcy of convention center investor Dr. Hiren Patel. read more >

Dr. Hiren D. Patel’s investments in a convention center and hotels on both sides of Texarkana have turned into one financial headache after another. read more >