Industrial Space Attracts $5.6 Million Transaction (Real Deals)
A 223,880-SF industrial project in Little Rock tipped the scales at $5.6 million. 7400 Scott Hamilton LLC, led by Rick Ferguson, sold off its namesake project to an investment group composed of 901 5th...
View ArticleMalvern National Enters Walter Quinn Foreclosure
Another party has joined foreclosure litigation against Little Rock businessman Walter Quinn, his wife, Terry, and the Quinn Living Trust. Malvern National Bank entered the fray to stake its first...
View ArticleChapel Ridge Apartments Sold in $8 Million Deal
Two Little Rock apartment complexes, a water plant in southeast Pulaski County and two Little Rock homes provide this week’s five-piece of big deals. • Little Rock Housing Associates Ltd. of Denver...
View ArticleSpeculation Brimming Over Potential Sale of Acxiom Building
Have you heard talk that Simmons First National Corp. of Pine Bluff is buying the Acxiom Corp. building in downtown Little Rock? We have. We also made official inquiries, which were met with neither...
View ArticleLittle Rock Port Buys 157 Acres for $1.35M
The Little Rock Port Authority announced Monday that is has completed the $1.35 million acquisition of an additional 157 acres to be used for economic development. The port has been running out of...
View ArticleJohn Curreri Named Regional Manager at Bank of Arkansas Mortgage (Movers &...
John Curreri has been promoted to regional manager at Bank of Arkansas Mortgage in Little Rock. Curreri will direct the growth and development of the Arkansas region for the division of BOKF, a...
View ArticleDetroit Investor Nabs CVS in Springdale (NWA Real Deals)
A Detroit investor paid $4.56 million for the CVS Pharmacy at 2001 S. Thompson St. in Springdale. RX Springdale AR LLC, led by Daniel Weiss, bought the property from DBD Nocigs 2 LLC. CVS Caremark...
View ArticleJacksonville Mobile Home Park Draws $2.6M Sale (Real Deals)
The sale of a Jacksonville mobile home park weighed in at $2.6 million. A group of out-of-state investors acquired Pine Meadow Mobile Home Park at 3000 John Harden Drive from Mas Verde Mobile Home...
View ArticleMoses Tucker Real Estate Manager Retires
The head of property management for Moses Tucker Real Estate of Little Rock recently left the company. Lori Adcock-McGhee told Whispers last week that she decided to retire. Her husband, Bill McGhee,...
View ArticleForeclosure Surprised Regions Building Owners
An attorney for the owners of the 30-story Regions Center in downtown Little Rock said recently that he had no indication that a foreclosure lawsuit was being filed against the property. “We were...
View ArticleTacos 4 Life Prepping for Little Rock, Benton and Beyond
Your Whispers staff has a post-Thanksgiving update on Tacos 4 Life, the Conway-based mini-chain that donates a meal to the hungry for every meal purchased. Austin Samuelson, who owns Tacos 4 Life with...
View ArticleNine Nursing Homes in Arkansas Wrapped in $55 Million Deal
A portfolio of nursing home projects in Pulaski County changed hands in a deal worth nearly $29.7 million. Affiliates of Kotel Management of Wood-Ridge, New Jersey, bought four properties from...
View ArticleUS Home Prices Surpass Pre-Recession Peak Amid Healthy Sales
WASHINGTON — U.S. home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to a private measure. The Standard & Poor's CoreLogic Case-Shiller...
View ArticleDupré Logistics to Open Fort Smith Branch
Dupré Logistics of Lafayette, Louisiana, announced Tuesday that it will open a new branch at the Hendricks Hill Professional Complex, 3800 Rogers Ave., in Fort Smith to expand its brokerage and...
View ArticleSt. Louis District Economy Growing Modestly
The U.S. economy grew at modest pace, according to the Federal Reserve's latest survey of business conditions, released Wednesday. Reports indicate consumer spending did well and manufacturing activity...
View ArticleBryan Dorathy Named Regional Exec for Arkansas Blue Cross & Blue Shield...
Bryan Dorathy has been promoted to regional executive for central and southeast Arkansas at Arkansas Blue Cross & Blue Shield. Dorathy will oversee sales and marketing, provider networks and...
View ArticleChapel Ridge Complex Houses $8M Transaction (Real Deals)
A 128-unit apartment project in west Little Rock tipped the scales at $8.05 million. Little Rock Housing Associates Ltd. of Denver sold the Chapel Ridge Apartments project at 24800 Chenal Parkway to...
View ArticleLow Vacancy in Fayetteville Makes Even Older Properties Stay in High Demand
The more beds that go into Fayetteville, the more beds Fayetteville seems to need, and that means even older multifamily properties are still in demand. Arvest Bank’s Skyline Report detailed in...
View ArticleTally of Largest Commercial Building Projects in Arkansas Hits $2.4 Billion
The dollar total of largest commercial construction projects in Arkansas registered $2.4 billion this year. The tally reflected a 1 percent decline ($25 million) from 2015. The largest newcomer to the...
View ArticlePACE Expands Improvement District Model
When a new 50-unit apartment complex opens on Aldersgate Road in Little Rock in a year or so, it will essentially be its own self-contained improvement district. And as the first major Arkansas project...
View Article