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Lots financing.

Fifty-three residential lots in North Little Rock were used to secure a $1.5 million funding agreement Funding Agreement

Illiquid insurance contracts that provide guaranteed principal repayment and interest payments for a predetermined period of time.

Notes:
Funding agreements are marketed to mutual fund companies and municipal reinvestments.
.

Rausch Coleman Cole·man   , Cy Originally Seymour Kauffman. Born 1929.

American composer and theatrical producer whose best known Broadway productions include Sweet Charity (1966) and The Will Rogers Follies (1991).
 Land Development LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 of Barling Barling could refer to one of the following cities:
  • Barling, Arkansas
  • Barling, Essex
 (Sebastian County) obtained the one-year loan from Bank of the Ozarks.

The Faulkner Crossing property had been tied to a September 2006 mortgage of $1.5 million held by the bank.

The lots are part of a 135-acre tract near the northeast corner of U.S. Highway 165 and Faulkner Lake Road that was acquired for $1.07 million in June 2005 from Wilcox Investment Ltd., led by George and Shirley Wilcox.
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Title Annotation:Real Deals: A Look at Important Real Estate Transactions
Author:Waldon, George
Publication:Arkansas Business
Date:Dec 8, 2008
Words:96
Previous Article:Maisons abode.
Next Article:Furniture funding.
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