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Stephen LaFrance Jr.

Construction / Energy / Industry / Real Estate / Retail / Transportation

SQRL Suits: More Convenience Store Creditors Take Grievances to Court

Three creditors of the SQRL convenience store chain are attempting to drag the insolvent venture into Little Rock bankruptcy court and liquidate its assets. read more >
Banking & Finance / Construction / Energy / Industry / Investments / Legal / Real Estate / Retail / Transportation

SQRL Sale? Acquisition Nears Amid Financial Troubles

Amid rumblings of payroll problems and more staff cuts, SQRL Service Stations is entertaining new ownership. read more >
(Parcel lines are approximate and shown for illustration only.)
Banking & Finance / Construction / Investments / Legal / Real Estate / Restaurants & Food / Retail

Frenchman’s Woods Sale Tops $9.5M (Real Deals)Lock Icon

Affiliates of the Read Property Group of Brooklyn, New York, bought 31 buildings in seven transactions of the North Little Rock apartment complex. read more >
The First National Bank branch at 15721 Chenal Parkway in Little Rock
Banking & Finance / Investments / Real Estate

First National Bank Buys Bank BranchLock Icon

A west Little Rock bank bank branch-office building is sold while a new spec warehouse project takes shape and land for an apartments project approaches its acquisition date. read more >
Four companies own the parcel outlined in yellow at 11700 Cantrell Road in Little Rock. The Arkansas State Highway Commission is establishing eminent domain on the portion of the land outlined in red. (Parcel lines approximate.)
Banking & Finance / Government & Politics / Legal / Real Estate / Transportation

WLR Plaza’s Price Point Disputed in Eminent Domain CaseLock Icon

Eminent domain case associated with future improvements to Highway 10/Cantrell Road in west Little Rock hits the court docket. read more >
The buying and selling of oil & gas leases in Oklahoma’s STACK play (outlined in red) is the centerpiece of an ongoing fraud and breach of fiduciary duties litigation in Pulaski County Circuit Court. Arkansas players dominate the roll call of investors and other participants.
Education / Energy / Investments / Legal / Real Estate

Oklahoma STACK Play Produces Lawsuits

After negotiating a $7 million judgment last year against a former partner and manager, an Arkansas-heavy investment group hasn’t given up trying to recover damages from others they say helped him in his scheme. read more >
Arkansas Otolaryngology Center at 10201 Kanis Road in west Little Rock.
Agriculture & Poultry / Construction / Government & Politics / Health Care / Manufacturing / Real Estate / Retail

Otolaryngology Center Attracts $6.7M Sale (Real Deals)Lock Icon

A.O.C. Kanis Properties LLC, led by Mitchell Bolding, bought the 29,256-SF medical office building in west Little Rock. read more >
The Warren House and Warren Terrace apartments await new signage as Ridgecrest in the wake of an ownership change.
Banking & Finance / Education / Health Care / Nonprofits / Real Estate / Retail

Ridgecrest Apartments Sell for $7.2M; PotlatchDeltic Deals Equal $6.4MLock Icon

Apartments, a medical office building, three big homes and three commercial sites provide an all-Little Rock lineup of million-dollar real estate transactions. read more >
Three southwest Little Rock apartment properties were bought by BBR Oil LLC, led by Iowa City investor David Barker.
Agriculture & Poultry / Banking & Finance / Construction / Energy / Insurance / Investments / Retail

Apartment Project Trio Spawns $20.3M Sale (Real Deals)Lock Icon

BBR Oil LLC of Iowa City bought the 280-unit Spanish Valley Apartments, the 181-unit Spanish Willows Apartments and the 109-unit Spanish Viento Apartments in southwest Little Rock. read more >
Jacksonville Plaza at 2070 John Harden Drive.
Banking & Finance / Business Services / Construction / Real Estate / Retail

Jacksonville Plaza Sells In $5.4M Transaction (Real Deals)Lock Icon

An affiliate of Midwest Retail Properties of St. Louis bought the 33,668-SF retail center on John Harden Drive. read more >
Construction / Manufacturing / Nonprofits / Real Estate

Pebble Peak Ridge in Hot Springs Sold for $5.8 Million

A portfolio of duplexes in Hot Springs, undeveloped commercial land in Benton, elbow room for a Benton congregation, a Little Rock mansion and a cold storage facility in North Little Rock provide this week’s five-count of million-dollar transactions. read more >
Noelle Nikpour
Government & Politics

Arkansas Contributors Help Noelle Nikpour in Florida Congressional Race

Noelle Nikpour, the Republican strategist and Fox News pundit who used to call Little Rock home, remains in the race for Congress from Florida’s 18th District. read more >
Change in ownership structure visits Shackleford Corporate Center.
Banking & Finance / Business Services / Real Estate / Restaurants & Food

Half of WLR Warehouse Draws $3.8 Million Sale (Real Deals)

The sale of a 50 percent stake in Shackleford Corporate Center, a 177,650-SF warehouse project in west Little Rock, weighed in at $3.8 million. read more >
Kevin Huchingson
Investments / Real Estate

CapRocq Creates New Real Estate Fund

Little Rock’s CapRocq Core Real Estate Fund LP, a partnership that buys properties in the South and Midwest, has created a new real estate investment fund that has already raised $20 million. read more >
Source: Federal Deposit Insurance Corp.
Banking & Finance / Business Services / Health Care / Investments / Retail

LaFrances Lead Investors Through Wisconsin’s Greenwood’s State Bank

What started as a niche lending venture in Wisconsin for the Stephen LaFrance family has morphed into a financial turnaround effort with more extensive Arkansas ties. read more >
PrivateBank OREO sale in Rogers produces $7.3 million.
Banking & Finance / Construction / Investments / Real Estate / Retail / Tourism / Transportation

Demand, OREO Sales Power Commercial Market Gains in Rogers

Resurging demand coupled with the paring of an Illinois lender’s OREO portfolio are helping push commercial activity in the heart of Benton County’s fabled Billion-Dollar Mile. Office and retail sectors are seeing positive trends and more dormant OREO sells in northwest Arkansas. read more >
Allied Drive Holdings added the 225,000-SF Building 5 to its portfolio.
Business Services / Real Estate

Tallest Building on Former Alltel Campus Sold in $12M Deal

A local investment group, Allied Drive Holdings LLC, bought the 225,000-SF space. The group includes the LaFrance brothers, Stephen Jr. and Jason; and the Middleton brothers, Larry and Mark. read more >
Jeff Fox, founder of Circumference Group, has completed his assignment as CEO of a publicly traded company in Cincinnati. 
Banking & Finance / Business Services / Investments

Cast of Delta Bank Deal Includes 5 Past 40 Under 40 Honorees

Two members of the 40 Under 40 class of 1996 had roles in negotiations that would’ve increased the Stephen LaFrance Sr. family’s stake in the $441.8 million million-asset bank holding company. read more >
Delta Trust Cast of Characters: The players in whether there will be a change in ownership at Delta Trust Banking Corp.
Banking & Finance / Investments

Price Stalls Deal on Ownership Change at Delta Trust

Official comment remains elusive, but insiders report that negotiations over an ownership shift at Delta Trust Banking Corp. have stalled over the usual issue: The parties couldn’t agree on a price. read more >
From left, Merritt Dyke of Dyke Industries; Philip Tappan, board chairman designate; and Chris Roberts, Delta's next CEO.
Banking & Finance / Investments / Public Companies

New Familiar Names Getting Added to Delta Trust’s Shareholders List

With the pending change of ownership at Delta Trust & Bank, more new names are being added to the bank's rosters. read more >