Pinnacle Hotel Group Inc.
Pinnacle Hotel Group’s Shawn Govind Tips Hand on New Project
Hospitality is more than a business for Shawn Govind, principal in the Beechwood Pinnacle Hotel Group. read more >
Pinnacle Hotel Group Sues Over Spa City Suites Sale
A would-be $3.6 million hotel sale in Hot Springs has given rise to a breach of contract lawsuit. read more >
Holiday Inn to Break Ground Soon on Downtown Property
Construction financing is in hand, and groundbreaking for the 100-room Holiday Inn Express & Suites is planned for late July. read more >
Holiday Inn Express Expected in East Village Development
A late third-quarter groundbreaking is planned for a 100-room Holiday Inn Express & Suites near I-30 in Little Rock. read more >
Tru by Hilton Opens At Gateway Town Center
The $9 million Tru by Hilton Little Rock West has opened, Hilton's new mid-scale hotel brand announced recently. read more >
NLR Motel 6 Visited by $3.4 Million Sale (Real Deals)
Om Purshantam LLC, led by Tanvi Desai, bought the 121-room hotel at 4100 E. McCain Blvd. from Little Rock Hotel Group LLC of Denton, Texas. read more >
by George Waldon -
Infiniti Dealership Sells for $4.4 Million (Real Deals)
Glenn Ridge Crossings II LLC, led by Steve Landers Sr., acquired the 15,721-SF Infiniti facility at 15 Col. Glenn Plaza Drive. The seller is Everett Infiniti Land Co. LLC, led by Chad Hendrix. read more >
by George Waldon -
Shuttered Joubert’s Tavern Sells For $342K
Henry Willmuth, through 7303 Kanis LLC, recently purchased the 7,500-SF Joubert's Tavern at 7303 Kanis Road in Little Rock for $342,250. read more >
Pinnacle Hotel Group Picks Up Property in Downtown LR
Land for a $17 million hotel development highlights a six-pack of multimillion-dollar transactions. read more >
Gateway Town Center Goes Westward
Commercial projects topping $21 million are beginning to come out of the ground at Little Rock’s Gateway Town Center. read more >
by George Waldon -
Auto Dealership Buys Surpass $41 Million (Real Deals)
Affiliates of Little Rock’s McLarty Auto Group bought four auto properties from affiliates of Asbury Automotive Group of Duluth, Georgia. read more >
by George Waldon -
$9M Tru by Hilton Hotel to Open at Gateway Town Center
With entertainment, shopping and restaurants already in the works at The Grove at Gateway Town Center, another piece to the puzzle will be filled in next fall with a $9 million Tru by Hilton hotel. The hotel will be 42,000 SF with 84 units and be the “model property for the state,” according to Shawn Govind, the director of real estate development at Pinnacle Hotel Group. read more >
by Alexis Crowe -
Downtown Little Rock Attracts More Hoteliers
Downtown Little Rock has drawn the attention of three hotel developers who have invested more than $7.3 million to secure locations. read more >
by George Waldon -
Hilton Garden Inn To Keep Reservation in Little Rock
Ground should be broken during the next 30 days for the seven-story, 140-room Hilton Garden Inn in downtown Little Rock. read more >
New Ownership Visits Two Fayetteville Hotels (NWA Real Deals)
Northwest Arkansas Hospitality & Lodging LLC, a subsidiary of Pinnacle Hotel Group of Little Rock, bought the Fairfield Inn at 720 E. Millsap Road for slightly more than $1.6 million. Pinnacle is the third-party management team for the Sleep Inn, which is located next to the Fairfield Inn at 728 Millsap Road. read more >
by Marty Cook -
Pinnacle Group Bringing Hilton Garden to Downtown Little Rock
Another hotel-minded venture intends to make its mark on the downtown Little Rock skyline. Pinnacle Hotel Group will develop a 135-room Hilton Garden Inn at the northeast corner of Fourth and Cumberland streets. read more >
by George Waldon -
Cantrell Valley Plaza Sells for $1 Million (Real Deals)
A 13,150-SF office building in the Riverdale area of Little Rock changed hands in a $1 million sale. Triangle Insurance Co. of Enid, Okla., bought Cantrell Valley Plaza at 2725 Cantrell Road from Pinnacle Hotel Group Inc., led by Chetan Patel. The 1.73-acre development was tied to a September 2009 mortgage of $772,500 held by Ozark National Life Insurance Co. of Little Rock. read more >
by George Waldon -