Arkansas Diagnostic Center Attracts $4.4M Sale (Real Deals)
A 12,891-SF medical office building in west Little Rock weighed in at $4.4 million. Store Master Funding X LLC, an affiliate of the Store Capital real estate investment trust in Scottsdale, Arizona,...
View ArticleConway CVS Sold for $7.6 Million
Commercial property in Conway and farmland in Lonoke County form this week’s five-piece of multimillion-dollar transactions. • Barbara Younger Woolsey Family Ltd. of Santa Rosa, California, acquired...
View ArticleBoutique Hotel May Open Near Promenade at Chenal
Did you know a west Little Rock boutique hotel development is in the works near The Promenade at Chenal? James and Terry Barnes and their Promenade Hospitality LLC bought the 3-acre site with an eye...
View ArticleFinancial Trouble Among Competing Convention Centers Split in Texarkana
The financial tale of Texarkana’s competing convention centers continues. U.S. Bankruptcy Court for the Eastern District of Texas on Wednesday approved the sale of Dr. Hiren D. Patel’s hotel in...
View ArticleRegions Center Consultant: 'Improper Actions' Led to Bankruptcy
(A correction has been made to this article. See end for details.) The owners of the 30-story Regions Center in downtown Little Rock weren’t able to refinance a $32 million loan before it matured on...
View ArticleRitter Communications to Open First LR Office at Tech Park
The Little Rock Technology Park announced Thursday that Ritter Communications of Jonesboro has signed a five-year lease for its new facility, set to open in downtown Little Rock in March. "We're...
View ArticleUS New-Home Sales Tumble in December
WASHINGTON — Americans pulled back sharply from buying new homes in December, but sales for all of 2016 were the highest since 2007. The Commerce Department said Thursday that new-home sales last month...
View ArticleAsa Hutchinson Makes Appointments to Boards, Commissions
Gov. Asa Hutchinson on Thursday announced the following appointments. Lona McCastlain, Austin, to the Parole Board. Appointment expires Jan. 14, 2024. Replaces James Wallace. Ray Dillon, Little Rock,...
View ArticleUS Economic Growth Slowed to 1.9 Percent Rate in 4Q
WASHINGTON — The U.S. economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years. The gross domestic product grew at an...
View ArticleLowe’s Land Draws Deals Totaling $6.1M (Real Deals)
Land for a 113,941-SF Lowe’s store in west Little Rock was assembled in four deals that added up to $6.1 million. Lowe’s Home Centers LLC of Mooresville, North Carolina, acquired about 17.2 acres at...
View ArticleAttorney Kandi Hughes Joins Southwest Power Pool (Movers & Shakers)
Kandi Hughes has been hired as an attorney at Southwest Power Pool of Little Rock in the company’s corporate legal department. Hughes was also recently appointed to the Little Rock School District...
View Article$4.8M Sale Visits Rogers Warehouse (NWA Real Deals)
A Van Buren investment group bought a 268,000-SF office-warehouse in Rogers for $4.8 million. Breeden Robinson LLC, led by Larry Breeden, bought the facility from Superior Industries International...
View ArticleTrue Tale Trounces Comic Fantasy at Dogpatch USA
The story of Dogpatch USA is a meandering one that now covers half a century. Its course resembles the winding, up-and-down path of Scenic Highway 7 that brought hundreds of thousands of visitors...
View ArticleFurniture Retailer Sets Sights on Farmington
Jordan Jeter led an investment group that paid $1.1 million for a 32,000-SF building at 271 W. Main St. in Farmington in June and hopes to announce a tenant in the next six weeks. Jeter, a partner with...
View ArticleCol. Glenn Collison Center Registers $2.5M Sale
Time to crack open a six-pack of multimillion-dollar transactions courtesy of Pulaski County. • LLArk Properties LLC of St. Louis Park, Minnesota, bought the 40,000-SF collision center at 10005 Col....
View ArticleRegions Center Ownership Comprised of 32 Companies
The owners of the 30-story Regions Center in downtown Little Rock have filed a more detailed account of their debts and assets for the building in their Chapter 11 reorganization case. The total debt...
View ArticleBaptist Health Exec Faces Foreclosure on Conway Ranch, Restaurant
Trouble is brewing for Joanie White-Wagoner, administrator and vice president at the new $150 million Baptist Health Medical Center-Conway. She and her husband, Darren Wagoner, are facing foreclosure...
View ArticleFake Will Scheme Puts Camden Real Estate Agent in Hot Water
A Camden real estate agent stands accused of pushing her teenage daughter into the arms of a survivor of the Deepwater Horizon explosion, and then, after he died in a car accident, faking his will to...
View ArticleTrumps Signs Order to Cut Regulations on Business
WASHINGTON - President Donald Trump signed an order on Monday that will seek to dramatically pare back federal regulations by requiring agencies to cut two existing regulations for every new rule...
View ArticleUS Pending Home Sales Increased in December
WASHINGTON — More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the...
View Article