Business Services Industry
Auto loan I
Arkansas Business, May 7, 2007 by George Waldon
The owner of a luxury auto project in west Little Rock landed a $6 million mortgage.
Larock Properties LLC, led by Cyril Murphy III and Lee Owens, obtained the four-year loan from Red River Bank of Alexandria, La.
The 6-acre Jaguar and Land Rover dealership at 25 Colonel Glenn Plaza previously was tied to an April 2006 mortgage of $5.78 million held by the bank.
Larock bought the property in a 67/33 split for $2.5 million in August 2005 from Glenn Ridge Crossings LLC, led by Stephen Hockersmith, and LLEJ IV LLC, led by Leonard Boen.
COPYRIGHT 2007 Journal Publishing, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
Most Recent Business Articles
- How do I determine my retainer fee?
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- The CLNC® mentors held the key to my first case and to my CLNC® success
- Atlanta CLNC® 6-day certification seminar photo gallery—plus sign up today for spring 2009 to save $100.00
- Speak to a full-time practicing CLNC® consultant
Most Recent Business Publications
Most Popular Business Articles
- Using object-oriented analysis and design over traditional structured analysis and design
- Big Fish Games Migrates Upstream to Fisher Plaza; High Growth Online Gaming Firm Vaults Fisher Plaza Occupancy Rate Above 90%
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sand filter basics: high-rate sand filters can be confusing for those new to the business. Understanding valve modes is the key
- BEHR Paints Introduces a Colorful New Way to Paint and Prime All in One with BEHR Premium Plus Ultra™ Interior
Most Popular Business Publications
Content provided in partnership with http://findarticles.com/source//
Sponsored by Merrill Lynch