PACE Financing Allows Aldersgate Apartments To Put Costs on Tax Bill
Pulaski County has given green building projects a lucrative green light, and developers of a west Little Rock apartment project have hit the accelerator. The 50-unit complex, set to rise soon on...
View ArticleNormandy Place Apartments Land $3.5 Million Deal
A Little Rock apartment project, undeveloped residential land in Conway and two Little Rock homes form our quartet of multimillion-dollar deals this week. • Normandy Place LLC, led by Max Mehlburger,...
View Article$1M Land Deal Launches Trampoline Park in Fayetteville
Six-plus acres of land in uptown Fayetteville traded hands for a little more than $1 million and will be the site of a 28,000-SF trampoline park. Haitham Alley of Little Rock, through his NWA...
View ArticleUS Home Price Gains Lift Household Wealth to $90.2T
WASHINGTON — A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans....
View ArticleClearbrook Project Draws $1.4 Million Transaction (Real Deals)
A 52-unit apartment complex in Little Rock weighed in at $1.4 million. Parker Investments Group LLC, an affiliate of Trinity Multifamily of Fort Smith, purchased the Clearbrook Village Apartments at...
View ArticleArkansas Innovators Promote Tech's Everyday Problem-Solving
Two years ago, Justyn Hornor was in Little Rock for the Ark Challenge accelerator program when he learned that Little Rock real estate agent Beverly Carter had been kidnapped and murdered while showing...
View ArticleStock Price Swings Visit Steady Bank of the Ozarks
Bank of the Ozarks shares have followed a sometimes precipitous trek during the past few quarters. The pricing landscape traveled by the $18.5 billion-asset bank holding company is marked by several...
View ArticleArkansas Diagnostic Center Sells for $4.4 Million
A Little Rock medical office building, undeveloped land in Maumelle and Alexander along with a home and an office-warehouse in Little Rock provide a five-piece of multimillion-dollar transactions. • An...
View Article'Artisan On Collins' Mixed-Use Project Proposed on East Side of I-30
Have you heard about a new mixed-use development in the works for downtown Little Rock? Definitive plans for Artisan On Collins are still taking shape. However, the owner envisions building 75-80...
View ArticleCapRocq Buys $33M Well Fargo Center in South Carolina
CapRocq Core 2, an Arkansas-based real estate partnership, recently announced a $33.25 million investment in the Wells Fargo Center at 15 S. Main St. in Greenville, South Carolina. The partnership said...
View ArticleUS Homebuilder Confidence Hits Highest Level Since 2005
U.S. homebuilders' confidence soared this month to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017. The National Association of Home...
View ArticleReport: Arkansas Home Sales Flat in October
Home sales in Arkansas were flat in October compared with the same month last year, according to a report released Friday by the Arkansas Realtors Association. The ARA reported 2,734 home sales in...
View ArticleRegions Center Owners File for Chapter 11 Bankruptcy
Most of the owners of the 30-story Regions Center in downtown Little Rock filed for Chapter 11 bankruptcy protection on Dec. 9, about a month before a hearing to decide whether to appoint a receiver...
View ArticleSt. Bernards Director Recognized; Crye-Leike Adds Long to Jonesboro Office...
Kevin Byron, director of St. Bernards Behavioral Health and support services, received the American College of Healthcare Executives’ 2016 Regent’s Early Career award at this fall’s Arkansas Hospital...
View ArticleWendy Russell Managing Doubletree Sales & Marketing (Movers & Shakers)
Wendy Russell will oversee sales and marketing strategy for the 288-room Doubletree by Hilton in downtown Little Rock as part of the management team of Waterford Hotel Group Inc. of Waterford,...
View ArticleFour Nursing Homes Add Up to $29M Sale (Real Deals)
A series of Little Rock-area nursing home sales combined for a nearly $29.7 million transaction. Affiliates of Kotel Management of Wood-Ridge, New Jersey, bought four properties from affiliates of...
View ArticleChristmas by the Numbers
$626.1BHoliday sales in 2015, an increase of 3 percent compared with 2014. Source: National Retail Federation $105BNonstore holiday sales in 2015, an increase of 9 percent compared with 2014. Source:...
View ArticleSun Paper, McFadden Stories Grab Online Attention in 2016
Shandong Sun Paper Industry’s decision to put a $1.3 billion pulp mill in Clark County was the most viewed story on ArkansasBusiness.com this year. Arkansas Business had been tracking the company’s...
View ArticleDickens: Relevant 173 Years Later (Editorial)
“At this festive season of the year, Mr. Scrooge,” said the gentleman, taking up a pen, “it is more than usually desirable that we should make some slight provision for the Poor and destitute, who...
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What a Difference A Year Makes (Gwen Moritz Editor's Note)
Arkansas Business Publishing Group shuts down between Christmas and New Year, so there’s always a reward for pushing on through. I don’t think I’ve ever been so eager for a year to end while...
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