LITTLE ROCK, AR - Atlanta-headquartered ARA, the largest privately held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, announces the opening of its newest office in Little Rock, AR.
This office marks ARA’s 29th location and further solidifies ARA’s national market coverage that spans 42 states from California to Massachusetts providing ARA’s clients with coast-to-coast market expertise.
Former UOP/Honeywell executive, Joel Thompson, will lead the charge for the ARA Little Rock operations along with Tulsa, OK-based Principals Brandon Lamb and Tim McKay, Dallas, TX-based Principal Brian O’Boyle, and Investment Broker, Brian O’Boyle, Jr.
Joel brings more than 13 years of sales and business development, real estate brokerage, commercial lending, and equity placement and investment sales experience to the platform having held international sales and management positions with UOP/Honeywell in addition to various real estate roles with Stan Johnson Company; Precision Equity LLC; and Precision Realty Advisors.
He has been instrumental in closing over $100 million in commercial, multifamily, single-tenant and multi-tenant retail.
According to ARA Dallas principal Brian O’Boyle, Sr., “The opening of the Little Rock operation is a natural progression of a strategic plan set in place in 2012 when we expanded into the Tulsa, OK market. By planting our flag in Little Rock, ARA is demonstrating our long-term commitment to better serve our clients throughout the region.”
Thompson commented, “Arkansas’s vibrant economy, healthy job market, and consistently increasing apartment rents and values make this market a key location for ARA.” He added, “Multifamily demand is at an all-time high in an area that includes a diverse economic base, favorable cost of living, and desirable quality of life. The state continues to attract businesses and new residents alike.”
To schedule an interview with an ARA executive regarding this practice group or for more information about ARA, please contact Lisa Robinson at lrobinson@ARAusa.com, (404) 990-4900 or Amy Morris at amorris@arausa.com, (404) 990-4902.
About ARA
Atlanta-headquartered ARA is the largest privately held, full-service investment advisory firm in the nation that focuses exclusively on the brokerage, financing and capital sourcing of multihousing properties including conventional, affordable, distressed assets, notes sales, seniors, student & manufactured housing and multihousing land. ARA is comprised of the country’s top investment professionals who leverage a unique and fully integrated cooperative business platform of shared information, relationships and technology driven solutions. ARA’s unified enterprise approach ensures that clients are delivered the broadest asset exposure, effective matching of buyers and sellers, and the shortest transaction timeframes in the industry. The combination of resources, unparalleled market expertise and nationwide presence in the multihousing marketplace has resulted in an annual production volume of more than $10.2 billion in real estate transactions in 2013. For detailed information on ARA’s extensive multihousing investment services, visit www.arausa.com.