Two tracts of commercial land in Rogers totaling 83.9 acres recently sold to an alternative asset manager based in The Woodlands, Texas.
According to real estate records, EF Capital Management bought a 44.9-acre tract directly north of the Home Depot along Interstate 49, and an adjoining 39-acre tract to the east across South Promenade Boulevard that’s part of The Farms commercial subdivision.
It was an all-cash deal worth $8.3 million.
Mac Tatman and Jordan Jeter were marketing the property for the seller. Philip Schmidt assisted EF Capital in the deal. All work for Flake & Kelly Commercial Northwest of Springdale.
Bob Oliver was the seller.
So who did EF execute the deal for? According to a Whispers source, it’s Arkansas native Margaret Molleston, a lawyer by trade and a key... [ MORE ]