A group led by Chris Moses of Moses Tucker Partners has acquired the former La Quinta Inn & Suites at 617 S. Broadway St. in downtown Little Rock as part of a partnership with Arkansas Baptist College.
The group, 617 Broadway LLC, paid $7.8 million for the property and plans to convert the old hotel into student housing for the historically Black Little Rock college.
Moses, principal, president and CEO of the Little Rock-based commercial real-estate firm, said the acquisition and plan represent an investment in both ABC and the city…