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Quality funding.

The owner of Little Rock's Quality Foods landed a $12.18 million funding agreement.

QFI-Little Rock AR LLC, an affiliate of Performance Food Group of Richmond, Va., obtained a 22-year loan through Wells Fargo Bank Northwest of Salt Lake City.

The limited liability company purchased the near 39-acre development at 4901 Asher Ave. in March 2004 for $12.3 million.

The sellers were six limited liability companies controlled by the heirs of Quality Foods founder Don Kirkpatrick.

The list includes Kirkpatrick Real Properties LLC, led by Carolyn Kirkpatrick, 51 percent; and DO Kirk Properties, led by Don O. Kirkpatrick Jr., 41 percent. The remaining 8 percent was split among DK Iso Properties LLC, led by Donna K. Isom; DK Mak Properties LLC, led by Deborah K. Makris; GK Tap Properties LLC, led by Gina K. Tappan; and NL Kirk Properties LLC, led by Don Kirkpatrick Jr.
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Title Annotation:Real deals: a look at important real estate transactions; QFI-Little Rock AR LLC got a loan from Wells Fargo Bank Northwest
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2004
Words:146
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