A new real estate fund led by four notable leaders in Northwest Arkansas has closed its first acquisition for $32.32
OZRE Capital is the new owner of a large portion of Village on the Creeks, a 40-acre commercial development along interstate 49 in Rogers. The real estate fund is managed by Steve Brooks and Conner Eldridge, partners with Rogers law firm Eldridge Brooks, and Tom Gordon and Greg Smart, founders of Fayetteville-based restaurant chain Slim Chickens.
Little Rock-based Encore Bank backed the purchase with a loan and mortgage of $24.24 million. The seller was represented by Kevin Huchingson, Isaac Smith and Steve Lane with Colliers International Arkansas.
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