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Office financing.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)


The owner of a west Little Rock office property picked up an $885,000 mortgage.

12814 Cantrell Road LLC, led by Sharon Adkins, received the three-year loan from Centennial Bank of Little Rock.

The 1-acre American Abstract project at 12814 Cantrell Road was bought for $1.3 million in July 2002 from Real Practices Inc., led by Jim Knight.

Real Practices purchased the location for $483,000 in June from Richard and Dorothy Toll. The Tolls acquired the property for $238,000 in July 1993 from Grace Community Church.

COPYRIGHT 2009 Journal Publishing, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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