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Riverhouse Apartments Hosts $54.4M Sale (Real Deals)

Passco Riverhouse DST purchased the 262-unit apartment complex at 1200 Brookwood Drive in Little Rock's Riverdale area.

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Wright's Barbecue Takes Another Step Toward Little Rock Location

Wright’s Barbecue, the famed northwest Arkansas eatery that started in Johnson, is opening another restaurant site in Little Rock.

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North Little Rock Shopping Center Sells for $20.3M

RCG-North Little Rock VII LLC purchased the 170,385-SF Market Plaza Shopping Center at 4201 E. McCain Blvd. in North Little Rock.

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Springdale's Saddlebock Brewery Under New Ownership

Founder Steve Rehbock sold the brewery for $700,000 last month just as he was celebrating the 10-year anniversary of serving his first pint.

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Update: Fiocchi to Expand With $42M Plant at Little Rock Port

The ammunition manufacturer said the project will create 120 jobs.

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Olympus Breaks Ground on $30M Housing Development in Osceola

The 100-home development is expected to help address growing demand for housing as the manufacturing industry grows in Mississippi County.

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'Zombie Debt': Homeowners Face Foreclosure on Old Mortgages

Some homeowners believed their second loans were rolled in with their first mortgage payments or forgiven. Now they're being told the loans weren't dead after all.

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Average Long-Term US Mortgage Rates Tumble to 6.61%

A year ago the average rate was 3.1%.

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Rent Stabilization Measures Win in US Midterm Election

There were also dozens of proposals on the Nov. 8 ballot raising money for and authorizing construction of affordable housing.

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US Home Sales Fell in October for 9th Straight Month

Sales of previously occupied U.S. homes fell in October for the ninth month in a row to the slowest pre-pandemic sales pace in more than 10 years.

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Highland Pointe Sale Tops $25 Million Mark (Real Deals)

The 168-unit apartment project in Maumelle was purchased by 13 limited liability companies, affiliates of Canyon View Capital in Santa Cruz.

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Old VA Hospital Redevelopment Poised for Final Push

Pace Burt of Albany, Georgia, is entering year three of the $25 million redevelopment of the old Veterans Affairs Hospital in Little Rock, set to finish by Dec. 31, 2023.

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City of Little Rock Purchases Office Building in Port Industrial Park for $2.2M

Offices, homes, warehouses and more in this week's million-dollar deals and construction

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Acres Partners With Land Broker Co-Op to Grow Listings

AcreTrader said the agreement advances the company's goal of making buying and selling land more common, transparent and efficient.

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Unemployment Claims Rise to 240,000, Highest Since August

The four-week moving average of claims, which smooths out week-to-week volatility, rose by 5,500 to 226,750.

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What to Watch in 2023 (Lance Turner Editor's Note)

Last year around this time, I identified a few business news items with implications for 2022. And with 2023 on the horizon, it’s time to do it again — and check on a couple of last year’s forecasts.

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Aiming High: Partners Set Sights on $10M Shooting Range in Little Rock

Arkansas is among 25 states without a National Shooting Sports Foundation five-star-rated range. A $10 million development championed by Brian Martin and Jonathan Lowman would change that.

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5 Little Rock Apartments Sell for $18.7 Million (Real Deals)

Colorado-based investor groups teamed up to buy the properties, home to 123 apartments and two restaurants, from five limited liability companies led by Chris Moses.

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Avid Hotel Is Sold For $9.6M (NWA Real Deals)

A Bentonville investor group paid $9.6 million for the Avid Hotel in west Fayetteville.

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$1M Sale of Springdale Office Building Recalls Fraud Case

Remember all the legal wreckage brought about by former Fayetteville real estate developer Brandon Barber a decade ago?

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