Downtown Startup Space Among Conway Chamber's Priorities
(Editor's Note: A correction has been made to this article. See the end of the article for details.) The Conway Area Chamber of Commerce said Thursday it will raise public and private money for seven...
View Article$8.3 Million Transaction Calls on Barrington Hills Apartments (Real Deals)
A 232-unit apartment project in west Little Rock tipped the scales at $8.35 million. PR Barrington Hills LLC of Wellington, Florida, purchased the Barrington Hills Apartments at 1221 Reservoir Road....
View ArticleGolden Bankruptcy Reveals Allcorp Deal
A possible bank stock sale and details of a legal settlement are part of the bankruptcy narrative in the 66-page Chapter 7 filed by Lex and Ellen Golden of Little Rock. The Feb. 27 petition, which...
View ArticleAircraft Interior Solutions Poised for Takeoff
The expected 2016 arrival of a big contract at Aircraft Interior Solutions for an innovative passenger seat was delayed by a longer than anticipated regulatory approval process. But production of the...
View ArticleLori Adcock-McGhee Moves to Sage
In November we told you that Lori Adcock-McGhee retired from Moses Tucker Real Estate of Little Rock, where she was the head of property management. That was short lived. She recently went to work for...
View ArticleTuscany Square in Rogers Sells for $13 Million
Tuscany Square, a nearly 7-acre shopping center on Pleasant Grove Road in Rogers, sold for approximately $13 million. Tuscany Square @ Pleasant Grove LLC, led by Charles Palmer of Fort Smith, sold the...
View ArticleShipley's Donuts Seeks Finalization of SWLR Building Sale
The Shipley’s Donuts in south Little Rock is going to U.S. Bankruptcy Court to buy its building. Shipley’s, under its legal name, Geyer Springs Investments LLC, wants Bankruptcy Judge Richard D. Taylor...
View ArticleNew Loan in the Works for K Lofts
Rumblings of a new funding agreement for the long dormant K Lofts development in downtown Little Rock have reached our ears. A new loan from an Alabama lender was supposed to close last week, by March...
View ArticleCabot Knights Shopping Center Sold for $2.5 Million
Retail space in Cabot, a cabinet plant in Jacksonville, a day care in Conway, a Dollar General in Austin (Lonoke County) and a big home in Little Rock form a five-piece of multimillion-dollar...
View ArticleNominate by Friday for Arkansas Business 40 Under 40
For the 24rd consecutive year, Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving...
View ArticleFed Hikes Key Rate for Second Time in 3 Months
WASHINGTON — The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual. The move reflects a...
View ArticleMemory Care Facility Visited by $14M Sale (Real Deals)
A 74-bed assisted living center in west Little Rock weighed in at $14.07 million. MHI Little Rock Ltd., an affiliate of Mainstreet Health Investments of Carmel, Indiana, bought the 43,988-SF Memory...
View ArticleSmitty's Garage May Pull Into Rogers
Smitty’s Garage, a burger and beer restaurant, is looking to expand in Arkansas and it looks like Rogers will be the destination. Smitty’s has 14 locations, primarily in Oklahoma. Smitty’s is a part of...
View ArticleDate Delayed for Deepwater Horizon Fake Will Trial
The trial date has been moved to Sept. 11 for the Camden real estate agent who was indicted, with her 21-year-old daughter and two other family members, for allegedly creating a fake will for a...
View ArticleDave & Buster's Property Sold for $8.1 Million
A trio of west Little Rock properties have come together for this week’s multimillion-dollar transactions. • Dave & Busters of Arkansas Inc. sold its project at 10900 Bass Pro Parkway for $8.1...
View ArticleK Lofts Construction Could Soon Be Completed
Last week, we told you about a new funding agreement in the works for the long dormant K Lofts development in downtown Little Rock. We can tell you the new deal closed. That means Creek Capital...
View ArticleHaag Brown Buys 10 NEA Clinics for $14M
NEA Baptist Clinic, a multi-specialty group practice, and Haag Brown Commercial, both of Jonesboro, announced on Monday the $14 million sale of 10 off-campus urgent care clinics in northeast Arkansas...
View ArticleUS Home Sales Slowed in February After January Surge
WASHINGTON — Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a decade. But over the past 12 months, sales are up solidly....
View ArticleUS New Home Sales Rise Despite Higher Mortgage Rates
WASHINGTON — Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6.1 percent month-over-month to a seasonally adjusted...
View ArticleGeorge Covington Jr. Ready To Raise the Roof in Conway
George Covington Jr. is the president of Covington Roofing Co. and a partner in Covington Cos. He graduated with a bachelor’s degree in economics and business with an emphasis in accounting from...
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