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River Pointe Apartments Attracts $40M Transaction

Arkansas Business, 2019-07, Vol.36 (28), p.22-22

COPYRIGHT 2019 Journal Publishing, Inc. ;COPYRIGHT 2019 Journal Publishing, Inc. ;Copyright Arkansas Business Jul 15-Jul 21, 2019 ;ISSN: 1053-6582

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  • Title:
    River Pointe Apartments Attracts $40M Transaction
  • Author: Waldon, George
  • Subjects: Apartments ; Funding ; Investments ; Neighborhoods ; Nursing homes ; Proctor, Scott ; Real estate sales ; Revocable trusts
  • Is Part Of: Arkansas Business, 2019-07, Vol.36 (28), p.22-22
  • Description: Madison Health Buy A 140-bed nursing home in south Pulaski County tipped the scales at $5.57 million. 2821 West Dixon Road LLC, an affiliate of Strawberry Fields REIT Ltd. of South Bend, Indiana, purchased the Madison Health & Rehab project. First Assembly of God North Little Rock Inc. bought the 4512 Burrow Drive project from an ownership group divided among Larry Clary, 50%, and Harvey Thomas and John Tarkington, 25% each. The 4.35-acre development previously was tied to an August 2014 funding agreement of $6 million with Advantage Capital Community Development Fund LLC of New Orleans.
  • Publisher: Little Rock: Journal Publishing, Inc
  • Language: English
  • Identifier: ISSN: 1053-6582
  • Source: ProQuest Central
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