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Cohn transaction.

A vacant building in downtown Little Rock sold for $400,000.

Lafayette Plaza LLC, led by Stephen Marks Jr., bought the former M.M. Colin Building at 510 Main St. The seller is LPP LLC, led by Robert Francis.

The deal is funded with a $300,000 loan from Riverside Bank of Sparkman (Dallas County). The 0.3-acre property previously was linked with an October 2003 mortgage of $85,150 held by the bank.

Francis purchased it for $175,000 in October 2003 from the city of Little Rock.
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Title Annotation:Lafayette Plaza LLC bought M.M. Colin Building from Robert Francis
Comment:Cohn transaction.(Lafayette Plaza LLC bought M.M. Colin Building from Robert Francis)
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 29, 2005
Words:89
Previous Article:Zink buy.
Next Article:Interdenominational deal.
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