Briarwood Residences Promote for $23.5 Million (Actual Offers) | Arkansas Enterprise Information

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A 280-unit condo complicated in Little Rock tipped the scales at $23.5 million.

Briarwood TIC Participant 1 LLC, Briarwood TIC Participant 2 LLC and Briarwood TIC Participant 3 LLC, associates of ST Realty Group of Brooklyn, New York, bought their namesake condo venture at 801 S. Rodney Parham Highway.

The sellers are Briarwood’s Finest Dwelling LLC, an affiliate of Vesta Capital of Leawood, Kansas; J&R Park Place of Little Rock LLC of St. Louis; and JDGN Buyers Little Rock LLC, an affiliate of Cambridge Realty Capital in Chicago.

The deal is backed with an $18.3 million mortgage from Retailers Financial institution of Indiana in Carmel.

The ten.9-acre growth was acquired for $13.5 million in March 2019 from Briarwood Residences LLC, an affiliate of Little Rock’s BSR Actual Property Funding Belief.

Medical Transaction

A 9,969-SF clinic in midtown Little Rock weighed in at $4.02 million.

Ryan Properties Inc. of Memphis purchased the Endoscopy Heart of Arkansas at 1024 N. College Ave. from SEP Little Rock ASC LLC, an affiliate of Stage Fairness Companions of Skokie, Illinois.

The deal is funded with a five-year mortgage of $2.5 million from Simmons Financial institution of Pine Bluff.

SEP bought the 1.42-acre growth for $3.2 million in August 2020 from KDMB College Properties LLC, led by Dr. Dean Kumpuris.

Rural Acreage

Greater than 1,138 acres of agri land in east Pulaski County offered for $2.3 million.

Hum’s {Hardware} & Furnishings Inc., led by Bruce Hum, acquired the land east of Freeway 161 about 7 miles south of Scott from the property of James Robert Alexander.

The deal is financed with a six-year mortgage of $1 million from First Neighborhood Financial institution of Batesville.

A lot of the property was assembled as a part of seven offers totaling greater than $1.2 million.

The sellers had been Betty Hardin, $47,000 in February 2010; Faver Farms Ltd., led by Ed Faver Smith, $779,000 in April 2010; Campbell Tartan LLLP, led by Donald Campbell II, $27,000 in April 2010; Historic Arkansas Museum Basis, led by Scott Trotter, $20,000 in June 2010; Hays Gin Co. LLLP, led by James Laidlaw, $25,000 in August 2010 and $240,000 in March 2012; and Jo Beth James, $135,000 in August 2013.

The stability of the land was transferred to James Alexander from the property of Robert H. Alexander in December 1990.

Senior Website

An 8.2-acre parcel in Maumelle rang up a $1.67 million sale.

Maumelle Senior Neighborhood LLC, an affiliate of O’Reilly Growth Co. of Springfield, Missouri, bought the  property close to the southwest nook of Crystal Hill Highway and Maumelle Boulevard.

The vendor is Wells Brothers LLC, led by Stephen Wells.

The deal is backed with a $1.6 million mortgage from Warranty Financial institution of Springfield, Missouri.

The land was acquired in February 1946 as a part of a $2,700 cope with the U.S. Authorities.

Workplace-Warehouse Purchase

A 52,298-SF office-warehouse in Little Rock drew a $1.35 million transaction.

Scott Hamilton Industrial Property LLC of Bergenfield, New Jersey, purchased the Wealthy Logistics venture at 6011 Scott Hamilton Drive.

The vendor is Wealthy Transport LLC of Cudahy, Wisconsin. The deal is funded with an $890,000 mortgage from Centennial Financial institution of Conway.

Wealthy Transport bought the three.92-acre growth for $825,000 in February 2014 from Richards Finance Co. LLC, led by Betty Richards.

Provide Acquisition

A 24,499-SF retail-warehouse venture in downtown Little Rock is beneath new possession after a $1.08 million transaction.

W&W Rental Properties LLC, led by Robert Miller, acquired the Refrigeration & Electrical Provide facility at 1222 Spring St. The sellers are Carl Miller, the Carl H. Miller Jr. Revocable Belief and Robert Thurmond.

The deal is financed with a 10-year mortgage of $1.9 million from Residents Financial institution of Batesville.

The 0.66-acre property was purchased for an undisclosed sum in October 1953 from Little Rock’s C.J. Snyder Co.

Warehouse Sale

A 22,754-SF warehouse in Little Rock modified fingers in an $800,000 deal.

6203 Patterson Warehouse LLC, led by Mark Bentley, bought the PF Industrial Provide venture at 6203 Patterson Highway.

The vendor is JCG Investments LLC, led by Todd Curtis.

The deal is backed with a five-year mortgage of $600,000 from Armor Financial institution of Forrest Metropolis.

JCG acquired the two.5-acre growth for $685,000 in March 2009 from Industrial Properties Ltd., led by Dan Lasater.

Well being Care Property

A 6,500-SF medical workplace constructing in downtown North Little Rock offered for $700,000.

KRL Properties LLC, led by Mark and Kim Leverett, purchased the Care Hyperlink venture at 706 W. Fourth St.

The vendor is Central Arkansas Space Company on Growing old Inc., led by Luke Mattingly.

The deal is funded with a five-year mortgage of $875,580 from Arvest Financial institution of Fayetteville.

The 0.57-acre website was bought for $24,000 in August 1982 from the Neighborhood Growth Company of the town of North Little Rock.

Workplace Buy

A 6,477-SF workplace constructing in Jacksonville drew a $535,000 transaction.

Metal Encounters Inc., led by Tom Jackson, acquired its 619 N. First St. dwelling from James and Nancy Inexperienced.

The Greens offered a four-year mortgage of $400,000 to finance the deal.

The 0.31-acre property was purchased for $30,000 in February 1985 from Savers Monetary Companies Inc., the true property arm of the defunct Savers Federal Financial savings & Mortgage in Little Rock.

Flower Mission

A 3,906-SF floral venture in downtown Little Rock rang up a $520,000 sale.

Karcat I LLC, led by Howard Hurst, bought Frances Flower Store at 1222 W. Capitol Ave.

The vendor is BS Limitless LLC, led by Betty Sue Anderson.

The 0.68-acre property was assembled in three transactions totaling $250,000.

The sellers had been Ray and Edith Glover, $170,000 in November 1985; the property of Bess Kahn, $30,000 in September 1990; and the Arkansas Youngsters’s Basis Inc., $50,000 in December 1995.

Heights Dwelling

A 5,605-SF dwelling close to the Nation Membership of Little Rock tipped the scales at $1.97 million.

Mark and Gabrielle Mangum purchased the home from the Trzebiatowski Joint Revocable Belief, led by Timothy and Jennifer Trzebiatowski.

The deal is backed with a five-year mortgage of $1.5 million from Encore Financial institution.

The residence was bought for $670,000 in Might 2014 from John and Charlotte Whitt.

Woodlands Edge

A 7,042-SF dwelling in west Little Rock’s Woodlands Edge neighborhood weighed in at $1.48 million.

Abdulkader and Sandra Ezeldin acquired the home from Arbor Building LLC, led by Michael Moran.

The deal is funded with a 30-year mortgage of $289,000 from Eagle Financial institution & Belief of Little Rock.

Arbor Building purchased the positioning for $160,000 in August 2019 from Matthew and Rani Linberg.

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