Tagged: Pinnacle Hotel Group Inc.

$9M Tru by Hilton Hotel to Open at Gateway Town Center

$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 >

Downtown Little Rock Attracts More Hoteliers

Downtown Little Rock Attracts More Hoteliers

Banking & FinanceLegalRestaurants & FoodTechnology & TelecomTransportationCover Story

Downtown Little Rock has drawn the attention of three hotel developers who have invested more than $7.3 million to secure locations. read more >

New Ownership Visits Two Fayetteville Hotels (NWA Real Deals)

New Ownership Visits Two Fayetteville Hotels (NWA Real Deals)

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 >

Cantrell Valley Plaza Sells for $1 Million (Real Deals)

Cantrell Valley Plaza Sells for $1 Million (Real Deals)

Real DealsBanking & FinanceTechnology & Telecom

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 >