State: Arkansas - AR

Kansas City Business Journal Block Real Estate Services plans to spend $160 million annually buying and developing multifamily properties, primarily in the Kansas City, St. Louis and Atlanta areas. The Kansas City, Mo., investment firm expects to acquire 1,000 units ...

Rouse Properties Inc. has completed its $96.3 million purchase of the Mall at Turtle Creek and the neighboring Turtle Creek Crossing shopping center in Jonesboro, Ark. The two properties have a total of 731,000 square feet. They were purchased from ...

South Florida CityBizList CNL Lifestyle Properties Inc. has paid $14 million, or about $208,955/unit, for the Culpepper Place seniors-housing property in Fayetteville, Ark. An affiliate of Foster Hospitality Group sold the 67-unit property, which opened in June 2011. It is ...

Rouse Properties has agreed to pay $96 million for the 675,000-square-foot Mall at Turtle Creek in Jonesboro, Ark. The company will assume a $79.5 million mortgage that's securitized through Greenwich Capital Commercial Funding Corp., 2006-GG7. The 6.54 percent loan matures ...

Dallas Business Journal A joint venture of Prescott Realty Group and Bedrock Commercial Partners, both Dallas-area companies, has announced plans to develop a 260-unit apartment project in Little Rock, Ark. The project will offer one- and two-bedroom units and is ...

Memphis Business JournalW.G. Yates & Sons Construction Co. has been chosen to develop a $22 million Armed Forces Reserve Center in Jonesboro, Ark. The U.S. Army Corps of Engineers chose the Memphis, Tenn., company to develop the property, which will ...

Arkansas Democrat-Gazette A run-down neighborhood block in Little Rock, Ark., is being redeveloped into six three-story residential buildings, including one that will include lofts and office space. Local developer Matt Bell is developing the project, which is being dubbed VertiCal. ...

Steven D. Bell & Co. has paid $41 million for a 602-unit portfolio of apartments in Little Rock, Ark. The Greensboro, N.C., firm purchased the properties on behalf of its Bell Fund I from Apartment Investment Management Co. of Denver, ...