Arkansas

Arkansas is the hub for several large corporations including Walmart, Tyson Foods, and the Americana corporation.

Arkansas is the hub for several large corporations including Walmart, Tyson Foods, and the Americana corporation. Arkansas offers a wide range of business opportunities from retail, to tech manufacturing, and a considerable real estate boom. The state offers several government incentive programs to drive business development. Arkansas boasts the lowest cost of doing business in the U.S., combined with the 3rd lowest cost of living in the U.S. combining to create an attractive quality of life. With the low cost of living and growth incentives aiding local businesses, Arkansas has attracted an elite and reliable workforce.

Residential life in Arkansas is defined as a mix of rural, suburban, and urban areas. Surrounded by natural attractions that can be found throughout the state including freshwater lakes, hot springs, forests, and caves. Little Rock is the capital of the state, and the primary population center boasting higher education institutions, and a blooming tech industry.

MARKET OVERVIEW

Little Rock

Little Rock can be described as the perfect blend of big city living with a small-town feel. With a mix of nature, vibrant nightlife, and deep historical roots, Little Rock has more recently attracted a diverse and technically skilled workforce. Higher education and economic development are major focus points for Little Rock. According to Census data, Little Rock has had a 4.69% population growth rate over the last 10 years which is the highest in the region.

Searcy

- - Asset: Creekside Village Townhomes
  - State: Arkansas
  - Number & type of asset: Thirty-Four Unit Multi-Family Townhomes
  - Description of asset: Thirty-Four 2bd/1ba Two Story Townhomes
  - $1.775M realized value creation in 24 months, with a $3.2M appraisal exceeding underwriting by ~$500K.
  - Stable cash-flow execution with a 7% preferred return, delivered despite constrained capital markets and reduced industry-wide distributions.
  - Conservative capital structure and defined path to full capital return, supported by 65% LTV refinancing and excess quarterly cash flow.