Uber Capital Secures $9.8 Million Acquisition Financing for Shopping Center Near Little Rock, Arkansas

Conway Town Centre is located 32 miles north of Little Rock, Arkansas, in Conway. Conway Town Centre is located 32 miles north of Little Rock, Arkansas, in Conway.

Conway, Ark. — Uber Capital Group LLC has secured $9.8 million in acquisition financing for the $12 million purchase of Conway Town Centre in Conway, Arkansas.

The borrower was a private commercial real estate investment group based in New York City. A regional Arkansas bank provided the loan at a fixed rate of 5.89 percent, with a 10-year term and 20-year amortization schedule. Hibbett Sports and JC Penney anchor the 207,557-square-foot shopping center, located 32 miles north of Little Rock, Arkansas. The property was 96 percent leased at the time of the sale.

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