A 140-bed nursing home in south Pulaski County tipped the scales at $4.05 million.
Dixon Realty LLC of Wood-Ridge, New Jersey, purchased the Madison Health & Rehabilitation project at 2821 W. Dixon Road from Trinik Holdings LLC, led by Saeed Niksefat.
The deal was backed as part of a $15.7 million loan overseen by Oxford Finance LLC of Alexandria, Virginia.
The 9.09-acre development previously was tied to a March 2012 mortgage of $3.2 million held by Farmers Bank & Trust of Magnolia.
The property was bought at a $2 million foreclosure sale in May 2008. The transaction followed a $5.7 million judgment two months earlier against Southwest Nursing Homes Inc., led by Stafford Kees.
Wendy’s Transaction
A 3,400-SF fast-food eatery in west Little Rock weighed in at $2.11 million.
Sea Salt LLC of Memphis acquired the Wendy’s at 17716 Cantrell Road from Fourjay LLC, led by John Shanks.
The deal is financed as part of a $4 million loan from Independent Bank of Memphis. The 1.19-acre development previously was linked with an August 2013 mortgage of $1.3 million held by the bank.
Fourjay purchased the location for $831,000 in February 2013 from Ranch Properties Inc., led by Ed Willis.
Saddle Creek Sale
A 6,992-SF office building in west Little Rock changed hands in a $940,000 sale.
Jason and Sarah Everett bought the 8221 Ranch Drive project from Saddle Creek Center LLC, led by Ed Willis.
The deal is funded with an $884,000 loan from First Security Bank of Searcy.
The 1.01-acre development previously helped secure a November 2010 mortgage of $2.3 million held by the bank. The land was acquired in August 1984 as part of a $2.15 million land deal with Johnson Land Co., led by Glenn H. Johnson.
Sustainable Purchase
A 7,980-SF industrial building in east Little Rock is under new ownership after a $450,000 deal.
Sustainable Properties LLC, led by Chris Adner and Matt Bell, purchased the Arrow Printing project at 1403 E. Sixth St. from the namesake trust of Jerry and Billy Neal.
The deal is backed with five-year loans of $382,500 and $270,300 from IberiaBank of Lafayette, Louisiana.
The Neals bought the 1.13-acre de-velopment for $240,000 in April 1997 from Darragh Investment Co., led by Thomas Darragh.
Restaurant Acquisition
A 2,481-SF eatery in southwest Little Rock rang up a $281,937 sale.
SCFRC-HW-G LLC of Princeton, New Jersey, acquired the Sam’s Southern Eatery at 6205 Baseline Road.
The seller is CNL APF Partners Ltd., an affiliate of GE Capital of Norwalk, Connecticut.
The 0.76-acre development was purchased for $541,000 in June 2003 from SHN Properties LLC of Nashville, Tennessee.
Sherwood Site
A 2.75-acre commercial site in Sherwood drew a $175,329 transaction.
CKP Commercial Properties LLC, led by Paul and Andrea Wilson, bought the land at the northwest corner of Highway 107 and Millers Park Drive. The seller is 107-Oakdale LLC, led by Byron McKimmey.
The deal is financed with a two-year loan of $169,000 from Arvest Bank of Fayetteville.
The land was acquired in February 2006 as part of an $8.3 million transaction with Metropolitan Land Co., representing the heirs of Justin Matthews and his Metropolitan Trust.
Estates Sale
A 6,985-SF home in west Little Rock’s Valley Falls Estates neighborhood tipped the scales at $1.25 million.
Matthew and Patricia Jones purchased the house from Brett and Amanda Bennefield.
The deal is funded with a 15-year loan of $417,000 from First Security Bank.
The property was bought for $1.35 million in October 2013 from the Gene Graves Revocable Trust.
Chenal Circle Abode I
A 6,605-SF home in the Chenal Circle neighborhood of west Little Rock sold for $955,000.
The Linda D. Gleason Revocable Trust acquired the house from Phillip and Robin Johnson.
The deal is backed with a five-year loan of $859,500 from Citizens Bank of Batesville.
The residence previously was tied to a $620,000 loan held by Summit Bank of Arkadelphia.
The Johnsons purchased the property for $760,000 in April 2014 from Bank of New York Mellon.
Hickory Creek House
A 4,915-SF home in west Little Rock’s Hickory Creek neighborhood changed hands in an $825,000 transaction.
Johnathan and Julia Goodwin bought the house from CBM Appraisals Inc., led by Christopher Maris.
The deal is financed with a 30-year loan of $742,500 from Stifel Bank & Trust of St. Louis. The residence previously was linked with a November 2014 mortgage of $690,000 held by Southern Bancorp Bank of Arkadelphia.
CBM acquired the property for $620,000 nearly two years ago from Calvin and Joyce Arnold.
Maisons Residence
A 6,099-SF home in The Maisons neighborhood of west Little Rock’s Chenal Valley development is under new ownership after a $695,000 sale.
Vijay and Grace Raja purchased the house from David and Tracy Rhodes.The deal is funded with a 25-year loan of $660,250 from Regions Bank of Birmingham, Alabama.
The residence previously was tied to an August 2007 mortgage of $250,000 held by the bank.
The Rhodes family bought the location for $72,000 in April 2004 from Deltic Timber Corp. of El Dorado.
Chenal Circle Abode II
A 5,807-SF home in the Chenal Circle neighborhood of west Little Rock rang up a $550,000 transaction.
Sara Hanna acquired the house from Debora Owens. The deal is backed with a 15-year loan of $412,500 from One Bank & Trust of Little Rock.
The residence previously was linked with a September 2006 mortgage of $550,000 held by Bank of England.
The property was purchased for $875,000 nearly 10 years ago from the Paul & Ann Weaver Family Trust.
Woodland’s Home
A 3,827-SF home in the Woodland’s Edge neighborhood of west Little Rock drew a $539,000 sale.
Matthew and Michelle Barden bought the house from Arbor Construction LLC, led by Michael Moran. The deal is financed with a 30-year loan of $417,001 from JPMorgan Chase Bank of Columbus, Ohio.
The residence previously was tied to a November 2015 mortgage of $409,600 held by Bear State Bank of Little Rock.
Arbor acquired the site for $76,000 nine months ago from Rocket Properties LLC, led by Lisenne Rockefeller and Ron Tyne.
Noah’s Mortgage
A 10,662-SF Noah’s event center in west Little Rock is securing a $3.1 million financial package.
NC Little Rock 642 LLC of Frisco, Texas, obtained the loan from EquiTrust Life Insurance Co. of Chicago.
The 1.7-acre site at 21 Rahling Circle was purchased for $859,636 in May 2014 from Deltic Timber Corp.
Motel Financing
The owner of a 55-room motel in North Little Rock landed a $2 million funding agreement.
Shree Mahalaxmi Corp. of Humble, Texas, got the three-year loan from Farmers & Merchants Bank of Stuttgart.
The 1.2-acre Simply Home Inn & Suites development at 110 E. Pershing Blvd. previously was linked with a May 2015 mortgage of $1.2 million held by the bank.
SMC bought the property for $1.3 million in March 2015 from KMP LLC, led by Kolila Patel.