An 80-unit apartment project in North Little Rock tipped the scales at $7.05 million.
4748 Ridge Road LLC, an affiliate of New York’s Dwight Capital, acquired Ridge Road Village Apartments from Ridge Road Village Ltd. of Frisco, Texas.
The limited liability company assumed a May 2016 mortgage of $6.3 million held by P/R Mortgage & Investment Corp. of Carmel, Indiana.
Ridge Road Village Ltd. bought the 6.88-acre location at 4748 Ridge Road for $440,418 in September 2004 from the North Little Rock School District.
Multifamily Parcel
Apartment land in west Little Rock weighed in at $3.1 million.
The Estates of Chenal Valley LLC, an affiliate of Heritage Properties Inc. of Madison, Mississippi, purchased a 20.1-acre apartment site near the southeast corner of Rahling and Kirk roads from Deltic Timber Corp. of El Dorado.
Deltic acquired the land as part of two transactions. The company bought Sparkman Lumber Co., led by Roy and Christine Sturgis. The Pulaski County portion of that December 1956 transaction encompassed 16,552 acres.
Deltic purchased 37 acres for $2.4 million in December 2008 from Agar/Shuffield Joint Venture, led by Elvin Shuffield.
Cabinet Purchase
Cabinet facilities in Jacksonville are under new ownership after tandem deals totaling $2 million.
RDH Cabinets LLC, led by Robert and Donna Heard, bought the 71,578-SF Wright’s Cabinet facility at 2600 Cory Drive for $1.4 million from Morden Revocable Trust, led by Billy and Linda Morden.
RDH also acquired the 24,000-SF Wright’s facility at 2609 Cory Road for $600,000 from BSJ LLC, led by Bobby and Joshua Morden and Stacie Henson.
The deals were financed with a three-year loan of $2 million from First Arkansas Bank & Trust of Jacksonville and a 10-year loan of nearly $1.4 million carried by the Morden Revocable Trust.
The 4.09-acre 2600 Cory Drive property was purchased from the receiver of the Martin/Morden Partnership in Jan-uary 1986 for $135,000.
The 8.88-acre 2609 Cory Road development was bought for $600,000 in July 2006 from Carthage Group II LLC, led by Lloyd Cameron.
Eatery Land
A former restaurant site in west Little Rock changed hands in an $800,000 deal.
SS Rodney Parham LLC of Lavon, Texas, acquired the 1.62-acre location at 102 S. Rodney Parham from King Chow and Jasmine Lin.
The property previously was tied to a May 2011 funding agreement of $1.38 million from First Capital Bank of Germantown, Tennessee.
The former Tex-Mex project was purchased for $690,000 in February 2010 from Mexico Chiquito Properties LLC, led by Jerry Haynie.
Mini Transaction
A mini-storage project in southwest Little Rock rang up a $775,000 sale.
Bison Asset Management LLC of Frisco, Texas, bought the 262-unit AAA Access Mini Storage project at 4600 and 4607 Hoffman Road from the Lawerance E. Doyle Trust and Beverly J. Doyle Trust.
The 6.1-acre development previously was linked with a November 2004 mortgage of $1 million held by Arvest Bank of Fayetteville.
The trusts acquired the project for $1.23 million from Pantanal LLC, led by Arlanders Etheley.
Acreage Sale I
Two tracts totaling 320 acres in south Pulaski County drew a $632,424 transaction.
New Growth LLC, an affiliate of Forest Investment Services of Atlanta, purchased the woodlands, most of which are a half-mile west of Interstate 530, south of Hensley Loop.
The seller is Canopy Timberlands Spout Springs LLC, an affiliate of Highland Capital Management of Dallas.
The land helped secure an August 2008 mortgage of $11 million held by Metropolitan Life Insurance Co. of New York. The property was bought for $580,000 more than eight years ago from RMS Timberlands LLC of Birmingham, Alabama.
Acreage Sale II
More than 145 acres in west Pulaski County sold for $516,078.
The namesake revocable living trusts of Ronnie and Roberta Hudson acquired the land just east of Roland and along the Arkansas River from Bartley Moreland III, his wife, Debra, and their Moreland Family Ltd.
The Morelands purchased the acreage for $136,000 in November 1983 from Robert Woern.
Sherwood Site
A 3.28-acre commercial site in Sherwood changed hands in a $325,000 transaction.
TrickD Holdings LLC, led by Richard Thackeray, bought the land on the west side of 8000 Landers Road from the Shirley Bean Crawford Living Trust.
The deal is backed with a two-year loan of $200,000 from Little Rock’s Bank of the Ozarks.
Louis Bean assembled the property in three deals totaling $725 with O.D. Longstreth: $300 in May 1952, $200 in April 1955 and $225 in December 1955.
River Ridge Manor
A 9,086-SF home in Little Rock’s River Ridge neighborhood tipped the scales at $1.05 million.
Mangaraju Chakka and Kanthi Dasani purchased the house from the estate of Jerry Haynie.
The deal is funded with a 10-year loan of $1.2 million from IberiaBank of Lafayette, Louisiana.
The residence previously was tied to a January 2008 mortgage of $540,000 and a December 2008 mortgage of $1 million held by Merrill Lynch Credit Corp. of Jacksonville, Florida.
The property was bought for $25,000 in December 1970 from Union National Bank of Little Rock.
Orle Residence
A 4,994-SF home in the Orle neighborhood of west Little Rock’s Chenal Valley neighborhood is under new ownership after an $845,117 deal.
Daniel Borja-Cacho and Tiffany Metzger acquired the house from Lamay-O Inc., led by William Martin Jr.
The deal is financed with 30-year loans of $417,000 and $281,000 from Bank of Little Rock Mortgage Corp.
The residence previously was linked with a November 2015 mortgage of $666,000 held by Community Bank of Louisiana in Stonewall.
Lamay-O purchased the property for $220,000 in April 2015 from the namesake trust of Stephen and Rachel Deal.
Riverbend Home
A 3,504-SF home in Little Rock’s Riverbend neighborhood rang up a $764,000 sale.
Gladys Whitney bought the house from the Max Harris Revocable Trust, led by Bolton Harris II.
The property was acquired for $105,000 in January 1987 from Virginia Bailey.
Piedmont Abode
A 3,212-SF home in west Little Rock’s Piedmont neighborhood drew a $679,000 transaction.
The Alexander Revocable Trust, led by Faye Alexander, purchased the house from Rich Cosgrove and Nancy Green.
The residence previously was tied to an October 2006 mortgage of $460,000 held by Bank of America in Charlotte, North Carolina.
The property was bought for $575,000 more than 10 years ago from Don and Alice Holman.
Cliffewood House
A 4,344-SF home in Little Rock’s Cliffewood neighborhood sold for $528,000. Richard Hampton and Mary Thalheimer acquired the house from Walter Nixon III and his wife, Dana.
The deal is backed with a 30-year loan of $475,169 from Mells LLC, led by Elizabeth McCollum Thalheimer.
The residence previously was linked with a March 2012 mortgage of $381,500 held by First Arkansas Mortgage Co. of Jacksonville.
The Nixons purchased the property for $196,000 in December 1998 from John and George Gill.