Tag: real estate

Massey Struggles to Keep Afloat

Massey has been trying to stay afloat in the face of numerous foreclosures and tax liens. Mortgage documents filed Dec. 7 show he’s putting up a subdivision lot and his personal residence as collateral for promissory notes signed Oct. 1 totaling $640,000.

Barber Makes First Payment on $14 million Note

Brandon Barber, who took out a $14.47 million loan from Metropolitan National Bank on Sept. 1, 2006, for 30.3 acres at the Bellafont project, has satisfied part of the note according to a Dec. 7 court filing.

Bellafont Battles Precept Builders

The dispute between the Barber Group and Precept Builders Inc. of Dallas over the Bellafont development in Fayetteville has escalated.

Precept Builders Out as Bellafont General Contractor

Disagreements between Bellafont developer Brandon Barber and Precept Builders Inc. led the construction company to pack up, leaving the project without a general contractor.

Faucette, Element Merge Holdings

George Faucette, owner of Coldwell Banker Faucette Real Estate, announced the expansion of his real estate company through the recent merger of his company with Element Realty Group, owned by Jerry and Nicky Dou.

Growth Grabs Additional Promenade Land (Real Deals)

Chicago-based General Growth Properties, acting through Pinnacle South LLC, recently purchased two parcels of land, totaling 30.2 acres, from Great Northwest Development LLC for $6.8 million.

First State Bank Files Forecloses

First State Bank of Lonoke has filed three foreclosures totaling $7.85 million against some familiar names in Northwest Arkansas.

Jobs, Services Heat up Highfill

With expanded sewer service on the way, Highfill is poised to grow while keeping true to its small-town roots.

Potential Homebuyers May Reap Sweet Surplus Deals (Commentary)

It’s a great time to buy a house!

Supplier Biz Suffers Development Demise

A $628 million revenue loss is leaving many residential construction suppliers looking for new income streams.

Mortgage Lenders Look For Silver Lining in Housing Slump

Mortgage lenders closed fewer loans in 2006 than the year prior and are forecasting another decline for 2007.

Market Correction Prompts Realtors? Reassessments

Realtors are working harder to sell fewer homes because of the continuing housing market correction.

Creditors Take Legal Aim at DeHaven Group

When the DeHaven Group LLC stopped paying special improvement district assessments on Maumelle property, some residents speculated that Jay DeHaven might be facing financial problems.

Arvest Tops $1B Mortgage Mark

Fayetteville-chartered Arvest Bank once again held the top spot on the Northwest Arkansas Business Journal?s list of largest mortgage lenders.

Real Estate Changes Apparent in NWA Market

The Northwest Arkansas commercial market continued to grow as the area?s residential market saw further signs of correction during the third quarter.

Residential Lot Supply Still Cause for Concern (Market Forecast)

In the third quarter of 2007, the single-family residential market continues to be of major interest in both Benton and Washington counties. The excessive supply of residential lots/new homes added to the Northwest Arkansas market over the last few years

Arkansas to lead National Advanced Manufacturing Apprenticeship expansion

The Supply Side: Boomer generation concedes spending power to young consumers

2nd cohort of new lithium accelerator shows innovations in Bentonville

Weekly wages up 4.2% in Arkansas, Benton County leads with 13.4% wage gain