Long-Term Mortgage Rates Fall, Breaking 9-Week Rise
WASHINGTON — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average...
View ArticleSears to Sell Craftsman Tool Brand, Close 150 Stores
NEW YORK — After controlling the Craftsman name for 90 years, troubled department store operator Sears said it will sell the famous tool brand to Stanley Black & Decker Inc. Stanley, which makes...
View ArticleMidtown Transaction Reaches $44 Million (Real Deals)
A multibuilding commercial development in midtown Little Rock weighed in at $44 million. Little Rock Midtown Ltd., an affiliate of Provident Realty Advisors Inc. of Dallas, purchased the five-building,...
View ArticleU.S. Pizza Co. Welcomes 2017 With Growth
2016 was a good year for U.S. Pizza Co., the nearly 45-year-old homegrown pizza chain based in Little Rock. The company, founded by Judy Waller in the Levy neighborhood of North Little Rock in 1972,...
View ArticleCreek Capital Takes Over K Lofts Loan
A new player has entered the financial fray at the dormant K Lofts development in downtown Little Rock. Creek Capital Partners LLC of Fort Smith last month stepped to the front of the line of creditors...
View ArticleWER Architects/Planners Opens NWA Office
WER Architects/Planners announced Monday the opening of its northwest Arkansas office at a temporary location, 2241 Green Acres Road in Fayetteville. The firm said the new office will be run by...
View ArticleMetroplan Report Predicts Growth in Tech Sector
Metroplan on Monday released its 2016 Economic Review and Outlook, noting economic trends for the Little Rock-North Little Rock-Conway Metropolitan Statistical Area. The report says the growth of the...
View ArticleAverage US 30-Year Mortgage Rate Falls to 4.12 Percent
WASHINGTON — Long-term U.S. mortgage rates fell this week, the second week of declines after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year...
View ArticleMorgan Baden Joins Moses Tucker (Movers & Shakers)
Morgan Baden has been hired as the marketing director of Moses Tucker Real Estate in Little Rock. She previously worked as the marketing coordinator at Baldwin & Shell Construction Co. Jackie...
View ArticleTwo Financial Centre Draws $11.3M Sale (Real Deals)
A 124,900-SF office building in west Little Rock tipped the scales at $11.3 million. Two Financial Operating Associates Ltd., an affiliate of BGK Group of Santa Fe, New Mexico, sold Two Financial...
View ArticleStonehaven Assisted Living Facility Sells for $7.1 Million in Maumelle
(A correction has been made to this article. See end for details.) An assisted living facility in Maumelle, two North Little Rock motels and the site of a future extreme aerial sports facility in west...
View ArticleSimmons First Eyes Downtown Acxiom Building in Little Rock
What’s new with talk of a sale of the Acxiom Building in downtown Little Rock? Glad you asked. Our well-placed insider tells us that Simmons First National Corp. is taking a long, hard look at buying...
View ArticleArkansas Specialty Orthopaedics Looking at New Home in Midtown Little Rock
Did you know Arkansas Specialty Orthopaedics is developing a new midtown Little Rock home? The medical group recently bought a 4-acre site at the southwest corner of Interstate 630 and Fair Park...
View ArticleRelyance, Citizens Banks Plan Hot Springs Branches
Relyance Bank of Pine Bluff and Citizens Bank of Batesville are the first two buyers in a new light commercial development on the southeast side of Hot Springs, developer Ross Whipple confirmed last...
View ArticleTacos 4 Life Building New Restaurant in Springdale
Tacos 4 Life Grill of Conway announced Friday that it would break ground in the spring on a new restaurant on West Sunset Avenue in Springdale, between Buffalo Wild Wings and Freddy’s Frozen Custard....
View ArticleBlock Healthcare Development Acquires 1 Arkansas Medical Office Building, 2...
Block Healthcare Development LLC of Kansas City, Missouri, announced last week that it has closed on the acquisition of three medical office buildings in Siloam Springs and in Ringgold and Tucker,...
View ArticleUrban Air Trampoline Park, Bargain Hunt Store Coming Soon to Conway
Urban Air Trampoline & Adventure Park and Bargain Hunt will soon open their first locations in Arkansas at the Conway Towne Center on Skyline Drive. Urban Air is an indoor park with wall-to-wall...
View ArticleHickingbotham Investments Buys Landers Harley-Davidson
Hickingbotham Investments Inc. of Little Rock and RML Automotive of Lewisville, Texas, announced Monday that Hickingbotham has agreed to purchase Landers Harley-Davidson of Little Rock and Conway from...
View ArticleBiege Book: Economic Growth Quickened at Year's End
WASHINGTON — The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages. The Federal Reserve said...
View ArticleReport: Arkansas Home Sales Up 24 Percent in November
(Editor's Note: The Arkansas Realtors Association has corrected this morning's report, saying it included incorrect numbers in certain areas. The new version shows November home sales rose 24 percent...
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