Summers

Summers, AR · Real Estate
People
Axios
NWA housing-permit rates ranks among top nationally
Northwest Arkansas permitted new housing at one of the fastest rates in the country in the past year, a small indicator the region is on track to reach 1 million residents by 2050. Why it matters: More supply has helped slow home-price growth and shift leverage toward buyers. State of...
talkbusiness.net
Mixed-use development to honor late developer
Fayetteville-based High Street Real Estate and Development plans to invest $7 million in an eight-residence building with a restaurant space at Johnson Square. The building is named in honor of Morgan Hooker, the late co-founder of the development company. The Morgan is under construction at 5493 Hackett Road in Johnson,...
talkbusiness.net
Rogers mixed-income community opens after $13 million investment
Three-story, 60-unit Olive Street Apartments recently opened at 700 N. 24th St. in Rogers. Roughly $13 million was invested in the attainable housing project, supported by the Walton Family Foundation. Bentonville-based nonprofit Community Development Northwest Arkansas is the developer. Project partners included Burckart Construction Inc., Halff and Henry Architecture. “Olive...
talkbusiness.net
HFG Architecture opens Rogers office
HFG Architecture, a Wichita, Kan.-based healthcare architecture and design firm, recently relocated its Bentonville office into a 1,000-square-foot space in Rogers and named Northwest Arkansas native Josh Danish as managing director of the new office. The office at 5417 W. Pinnacle Pointe Drive, Suite 404, has three full-time staff. An...
talkbusiness.net
Fayetteville-based Kestrel offers portfolio management platform
Cash East, an Arkansas native, real estate investor and data analyst, recently launched Kestrel, a Fayetteville-based real estate portfolio management platform that’s designed to provide investors with financial oversight across their properties. East has been a real estate investor and developer for about 15 years and has tried to...
talkbusiness.net
Real Deals: Pasture along Interstate 49 in Lowell sells for $4.3 million
More than 12 acres of pasture along Interstate 49 in Lowell recently changed hands for $4.33 million. The purchase price equals $348,479 per acre. Crain Investments LP, managed by Larry Crain Jr., president and CEO of Sherwood-based Crain Automotive Holdings LLC, bought the 12.43-acre property between I-49 and North Dixieland Street. The property is adjacent to used car dealership CarMax in Rogers.
talkbusiness.net
Developer highlights philosophy, successful projects in North Texas
Monte Anderson, a nationally recognized developer, speaker and educator, encouraged area developers to be creative with underused neighborhood developments instead of tearing them down as available land becomes scarce. Anderson is president of Duncanville, Texas-based real estate firm Options Real Estate Investments Inc. and founding partner of development consulting firm...
Yahoo!
Bentonville real estate company founded by Waltons donates historic homestead to City of Pea Ridge
Blue Crane, a real estate company founded by Walmart heirs Tom and Steuart Walton, has donated a historic homestead to the City of Pea Ridge. The city said in a release on Aug. 20 that the 33-acre John Rich Homestead was founded in the nineteenth century and is one of the earliest farmsteads in that part of Benton County.
Yahoo!
Affordable housing complex begins renting in Rogers
Olive Street Apartments in Rogers is a new nonprofit-owned development offering two-bedroom units below market rate, with 11 units priced low enough for Section 8 housing vouchers. A new apartment complex in Rogers is now offering two-bedroom units at below-market rates as Northwest Arkansas continues to face growing concerns about...