$2.8 Million Transaction Visits LR’s Legacy Hotel (Real Deals)
SHG Management LLC, led by Kishan Patel, bought the 86-room Legacy Hotel at 625 W. Capitol Ave. The seller is Southern Comfort Inns Inc., led by Amin Amarshi. read more >
SHG Management LLC, led by Kishan Patel, bought the 86-room Legacy Hotel at 625 W. Capitol Ave. The seller is Southern Comfort Inns Inc., led by Amin Amarshi. read more >
A court hearing that would have kept the foreclosure train moving on the Main Street Lofts project was postponed Friday morning. read more >
A construction resource to help navigate the leadership of the largest Arkansas companies or institutions. read more >
In general, 2014 was a year of increase among the biggest general contractors in Arkansas. Eighteen out of 32 firms that reported updated revenue figures for the largest commercial contractors list recorded year-over-year gains. read more >
When the real estate bubble popped in 2008, it popped big time in northwest Arkansas, which generated more “other real estate owned” than Little Rock. Now, sales and an improving economy are bringing calm to a market once noted for speculation. read more >
Completing a half-built, 1.5 million-SF retail-office center in less than 18 months presented a desert challenge for VCC LLC. The sprawling Downtown Summerlin project in the western suburbs of Las Vegas also represented unfinished business for the Little Rock general contracting firm. read more >
The 121,211-SF facility was repurchased for $8.5 million last month from BCP-Colonel Glenn LLC, whose ownership includes Sam Alley, secretary-treasurer of the Baptist Health Foundation Board of Trustees. read more >
Virtus Real Estate Capital LLC of Austin, Texas, paid nearly $4 million for two self-storage projects in Benton County. Together, the two facilities have more than 800 storage units. read more >
Five of the eight construction/real estate firms on this year’s list of top private companies recorded year-over-year revenue gains. The Little Rock general contracting firm of VCC (No. 15 among the 75 largest private companies) registered a 15.6 percent increase as revenue climbed to $607 million. read more >
Business among the largest Arkansas general contractors was down as a group during 2013. Nine of the firms on this year’s list of largest commercial contractors recorded revenue gains while 13 reported declines. Three firms reported no change. read more >
The dollar tally of large construction projects throughout the state declined in a big way during the past 12 months. The total value of the biggest commercial jobs dropped from more than $1.4 billion in 2012 to about $1.1 billion this year. read more >
Sam Alley, CEO of VCC in Little Rock, and Brian Itzkowitz, CEO of Goodwill Industries of Arkansas, won executive of the year awards at Tuesday's 25th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock, presented by Centennial Bank. read more >
From John L. Smith’s pep talk to reporters to U.S. District Judge Bill Wilson’s withering remarks to out-of-line prosecutors, they said it all in 2012. read more >
Sam Alley, one of the founders of Little Rock general contracting firm VCC, talks about his company's involvement in the city's downtown redevelopment and where he sees growth for the company. read more >
