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WLR Apartments Add Up to $32.2M Transaction (Real Deals)

The 296-unit Shadow Lake Apartments at 13111 W. Markham St. was acquired for $17.65 million and the 216-unit Turtle Creek Apartments at 601 Napa Valley Drive was purchased for $14.6 million.

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First State Bank of De Queen Expanding Into Glenwood

In Pike County, De Queen’s First State Bank is increasing its presence with a second branch.

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Generations Moving HQ to Rogers

Generations Bank of Hampton is relocating its headquarters from Calhoun County to northwest Arkansas.

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Chicago Firm Pays $31M For Chancellor Hotel (NWA Real Deals)

AJ Capital bought the Chancellor Hotel in downtown Fayetteville and plans to convert the property into a boutique Graduate Hotel.

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Oaklawn, Southland Plan Soaring Hotels, Bigger Gaming Areas

Both Oaklawn and Southland have nine-figure plans for new casino space and soaring hotels, but they’re taking opposite approaches.

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Too Much Self Storage Just Right for $8.3M

A flurry of multimillion-dollar transactions brought 2018 to an end and started 2019 off with a bang.

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Quapaw Return to Arkansas Bearing a Casino

Pine Bluff gets ready to host the commercial return of Arkansas' "namesake" tribe.

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Asa Hutchinson Announces Appointments

Gov. Asa Hutchinson on announces the following appointments.

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US Pending Home Sales Fell 2.2 Percent in December

Fewer Americans signed contracts to buy homes in December with affordability pressures causing interest from would-be buyers to fall.

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California Firm Buys Cardinal Health Center for $7M

Cardinal Sherwood LLC, a property investor based in southern California, has acquired the 70,000-SF Cardinal Health customer service center at 5430 Landers Road in Sherwood for $7 million.

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WLR Holiday Inn Sold for $5.5M

Westrock Hotels LLC, led by Pravinchandra Patel, Ishver Govind and Manish Patel, sold the 128-room Holiday Inn at at 10920 Financial Centre Parkway in west Little Rock for $5.5 million.

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Lindsey Road Project Sells for $10.8M (Real Deals)

Affiliates of Eliken Property Management of New York purchased the 557,950-SF industrial project in east Little Rock.

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Rick O'Brien to Lead Marketing Efforts for Sage Partners (Movers & Shakers)

Rick O’Brien will be responsible for directing brokerage, asset management and administrative functions for the central Arkansas office.

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Fraud Allegations Surround Schwyhart’s Secret Holdings

A creditor gets a peek behind Bill Schwyhart’s corporate veil but is not allowed to disclose what he’s seen.

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News Whets Local Appetite for Minute Man

The response to the news that the Minute Man Restaurant brand was planning a revival couldn’t have been much warmer.

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Arby's Combo Sold for $7M

Affiliates of a Tulsa-based franchisee sold four Arby’s in central Arkansas for a combined $7 million.

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Counterclaim Alleges Lies in Lowell Event Venue Deal

The legal battle over St. Anthony’s on the Creek in Lowell isn’t over.

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Tax Liens Total Nearly $972K for Media Gateway

Last year, a slew of tax liens was visited upon SSN Media Gateway LLC, the limited liability company does business as Media Gateway.

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ADEQ Seeking Applications, Nominations for Environmental Awards

The Arkansas Department of Environmental Quality is seeking the state’s top environmental leaders to apply for this year’s ADEQ Environmental Awards.

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Former Apex Tool Facility Sells For $2M

Trickling Creek Properties LLC has purchased the former Apex Tool manufacturing at 1609 N. Old Missouri Road in Springdale.

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