IMPACT AWARD
Paths in life often reveal experiences or outcomes that were key to the success of individuals or businesses. These experiences could be a course of study, a serendipitous partnership, or a planned project. CREC believes the impact these types of experiences or outcomes make are crucial to a healthy commercial real estate market and have created Commercial Real Estate Impact awards.
2024
Little Rock Police Station and Real Time Crime Center
Little Rock Police Department moved into their new headquarters in 2022 and was able to finish its Real Time Crime Center in 2023. The center has equipment that captures live video feeds from nearly 450 cameras throughout Little Rock. The new headquarters and state-of-the-art technology will allow the LRPD to provide response to safety as well as weather emergencies.
2024
Little Rock and North Little Rock Community Responders
First responders in Little Rock and North Little Rock jumped into action immediately to provide aid, security, and direction after the March 31, 2023 tornado. The tornado was devastating to the communities and the first responders were vital in the aftermath.
2023
UA Little Rock School of Business Real Estate Program
The UA Little Rock School of Business’ Real Estate Program began restructuring in 2017 under the leadership of Elizabeth Small. By 2020, the curriculum offered incoming freshmen a degree that integrated real estate classroom education with experiential learning and research in real estate issues and policy. The current students are involved in entrepreneurial activities and development projects and benefit from panels of executives with real life experience in the real estate industry and exposure to regulatory issues involving real choices and opportunities. The impact on workforce development is clear from the students and graduates who have interned or accepted full-time positions with local real estate companies.
2023
RAM Partners LLC Multi-Family
Property Management Acquisitions
While each year brings changes in ownership and management of multi-family properties, 2022 saw a level of acquisitions that were unprecedented in the metro Little Rock market. RAM Partners LLC entered the market after acquiring seven multi-family properties for management. Sarah Wigley, Area Vice President, with Marinee Ignacio will oversee management of Arlo, Brightwaters, Esplanade District, McKenzie Park, The Ridge at Chenal Valley, The Villas at River Pointe Dr., and The Waters at Chenal.