Average US 30-year Mortgage Rate Falls to 3.95 Percent
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week to their lowest levels of the year. The benchmark 30-year rate dipped below the key 4 percent mark. Mortgage buyer Freddie Mac said...
View ArticlePlans to Open The Barn Mercantile in River Market Announced
Moses Tucker Real Estate Inc. and Michelle and Leroy DuBre of Kilwins on Thursday announced that the DuBres have signed a lease for 301A President Clinton Ave. in the historic Melton Building in...
View Article126 Units in Fayetteville Sell for $8 Million (NWA Real Deals)
A Missouri investor bought a Fayetteville apartment complex for $8 million. Patrick O’Reilly of Springfield bought the South Creekside Apartments through Fayetteville Multifamily Apartments LLC....
View ArticleModern Storage Draws $3.3M Transaction (Real Deals)
A 67,935-SF mini-storage project in North Little Rock weighed in at $3.3 million. Modern Storage Maumelle Blvd LLC, led by Keith Richardson, purchased its namesake at 9100 Maumelle Blvd. The seller is...
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Bond Claims Change for Mortgage Brokers (Vic Lance Expert Advice)
Arkansas mortgage brokers and other financial professionals in the state have to comply with new licensing and bonding rules. The changes were introduced by a new piece of legislation — House Bill...
View ArticleLoblolly Ice Cream Shop Makes Split Next Door
Sally Mengel, co-owner of Loblolly Creamery of Little Rock, is moving/has moved her Ice Cream Bar from The Green Corner Store right next door — same building, different suite. She’s planning a grand...
View ArticleMaumelle Chick-fil-A Set to Open by September
Whispers has a few more details on the Chick-fil-A coming to Maumelle. Owner Carter Tucker is giving up his Chick-fil-A in McCain Mall in North Little Rock to devote all his energies to the new...
View ArticleFinancial Cleanup Continues in Main Street Lofts Mess
More pieces have surfaced in the financial workout of the Main Street Lofts project in downtown Little Rock. AMR Construction LLC now holds an $824,784 first mortgage claim on the 62,688-SF M.M. Cohn...
View ArticleCabot's Steeplechase Apartments Sold for $6.1M
Apartments in Cabot, retail space in west Little Rock, farmland near Carlisle, residential lots near Conway, a residential swap in Pulaski County and undeveloped acreage in Saline County provide a...
View ArticleUS Pending Home Sales Fell Again in April
WASHINGTON — Americans retreated from signing contracts to buy homes in April for the second straight month, a possible sign that a declining number of homes on the market are stifling sales during the...
View ArticleJonesboro's A&P Commission Pulls Funding for Hyatt Convention Center
Jonesboro's Advertising & Promotion Commission has backed out of committing $300,000 in tax revenue to the $30 million Hyatt Place Hotel & Convention Center project, saying developer Chris...
View ArticleArkansas Business Presents the 40 Under 40 Class of 2017
This week’s Arkansas Business is dedicated to our 24th class of 40 Under 40 honorees, young leaders of business, government and nonprofits selected by an internal committee from a field of about 400...
View ArticleMaumelle Townhomes Ring Up $4.4M Sale (Real Deals)
A 72-unit townhome project in Maumelle tipped the scales at $4.4 million. AHBI Windsor Park LLC, led by James Kincannon, purchased its namesake property at 2 Windsor Drive. The seller is Windsor Park...
View ArticleHall and Davidson Buildings Sold for $2.3 Million
The expected sale of the Hall and Davidson buildings at 201-215 W. Capitol Ave. in downtown Little Rock recently closed. Price tag: $2.3 million. The property, which encompasses the five-story,...
View ArticleZips Car Wash Expanding Into Florida
Zips Car Wash of Little Rock is buying 10 more car washes in Florida next month. Zips founder and CEO Brett Overman said the acquisition is really three separate deals that are scheduled to close in...
View ArticleSWLR Best Western Sold in $1.8 Million Deal
A 38-room motel, a 6,470-SF house and an 80,685-SF industrial facility form a trio of recent multimillion-dollar transactions. BRIJ Hospitality LLC, led by Brijen Patel, bought the Best Western at 8219...
View ArticleSears Holdings Confirms Closing of Little Rock Kmart
Sears Holdings Corp. is closing the last Kmart in Little Rock in early September, spokesman Howard Riefs confirmed. He called the decision difficult but necessary, and said the store at 10901 N....
View ArticleAverage US 30-Year Mortgage Rate Falls to 3.89 Percent
WASHINGTON — Long-term U.S. mortgage rates fell this week, as the benchmark 30-year rate declined for the fourth straight week to its lowest level in nearly seven months. Mortgage buyer Freddie Mac...
View ArticleConviction Stands in Killing of Arkansas Real Estate Agent
LITTLE ROCK — The Arkansas Supreme Court has upheld the capital murder and kidnapping convictions of a man sentenced to life in prison for the 2014 killing of a real estate agent. The court on Thursday...
View ArticleConway Dollar General Property Sells for $2.3M
A store, rental property and a day care center in Conway plus woodland in Saline County and home sites in Alexander add up to five multimillion-dollar transactions. PB General Holdings (Conway) LLC,...
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