Tag: real estate

New Deductions Help Homeowners

Homeowners can now deduct mortgage insurance premiums from their federal income tax.

Pinnacle Partners Plan Partition

Members of the Pinnacle Group are restructuring their partnership, but will retain their existing arrangement in Jetride LLC.

Commercial Permits Dip 35 Percent in 2Q

As the number of building permits decreased in Northwest Arkansas, vacancy rates continued to increase.

Developer Terminella, Metropolitan Bank Face Off

Fayetteville developer Tom Terminella is taking his foreclosure fight to Little Rock’s Metropolitan National Bank with a counterclaim demanding more than $50 million in damages.

Eureka Springs Hotels Hit Record Revenue

Eureka Springs hotels earns $20.7 million in 2006, topping previous record year of 2003.

Hyatt Place Takes Over AmeriSuites

Embassy Suites topped the list of area hotels ranked by revenue per room. Hyatt Place in Rogers finished its $3 million transformation from AmeriSuites.

New Lodging Options Offer Suite Stays

An increase in business travel to Northwest Arkansas in recent years has led to several new hotel developments, which will add between 1,200 and 1,500 rooms to the region in the next year.

Market Able To Absorb More Hotel Rooms (Market Forecast)

When grading the overall commercial real estate market in Northwest Arkansas, the grade assigned by Streetsmart Data Services for the first quarter of 2007 was a “B.” This was primarily due to the professional office sector, which showed increased vacancy

Combs Sells Keystone Crossing Apartments

Springdale’s Gary Combs sells more than $30 million worth of property in two transactions.

Massey Owes IRS $625,000 in Taxes

Fayetteville developer Mitchell Massey owes the IRS more than $625,000 in income taxes.

Whitley Dunn to Leave Dixie Real Estate

Dixie Real Estate is losing its principal broker for the second time in two years.

Sixth Street Adds Hibbett Sports

Sixth Street retail center adds Hibbett Sports, the chain’s fifth location in Northwest Arkansas.

The Region’s Largest Hotels and Event Planners

The lists of the region’s largest hotels and event planners.

Chubby’s Set, Chloe Closes

Signature Plaza on Joyce Boulevard and Crossover Road is losing one tenant and gaining another.

Emelia’s Plans To Join Bellafont

Emelia’s Mediterranean Kitchen on Dickson Street in Fayetteville celebrated its third anniversary on June 22.

Count on ‘Green’ Conferences Boosting Economy (Market Forecast)

Observers in Northwest Arkansas may have noticed that “green” oriented conferences seem to be taking place on a fairly regular basis in the area.

Fort Smith Realty Market Consistent

Although the residential real estate market in the River Valley is smaller than in Northwest Arkansas, there are certain advantages that go along with that, said Tom Cannava.

Campbell, Sloan Start Rosson Creek (Real Deals)

Michael Campbell and Charlie Sloan of Springdale start work on a residential project that will be valued at $7 million, and Robert Schmitt of Fayetteville begins construction on a condominium project that will be valued at $5.1 million upon completion.

Terminella Tangles with MNB

Apparently Fayetteville developer Tom Terminella isn’t going to let Metropolitan National Bank foreclose on him without a fight.

Candlewood Coming to Fayetteville

Candlewood Suites will open a four-story, 76-room in Fayetteville in January 2008.

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