Whether you are a developer, builder, owner, investor, or lender, you know that each real estate transaction involves its own challenges and opportunities. In these difficult economic times, all challenges are intensified, and too much is at stake to choose counsel unwisely. That’s why Friday, Eldredge & Clark has developed a comprehensive, multi-disciplinary real estate practice, with resources focused on the needs of all key real estate players.

Our real estate work covers a broad range of transactions, regulatory advice, and litigation — from routine purchase agreements to complicated and sophisticated commercial, corporate, tax and environmental work. We provide clients with practical advice and creative solutions, whether they are buying, selling, leasing or operating real property oil and gas interests in Arkansas or in multi-state transactions. We counsel clients on debt and equity financing, non-recourse financing, project financing, partnerships and limited liability companies, joint ventures and other investment vehicles, as well as on land use, brokerage and management agreements. 

Focused on Clients

Some of the country’s leading businesses, professional service companies, and non-profit organizations ask us to handle their real estate, tax, finance, corporate, construction, environmental, and regulatory concerns. They include:

  • Arkansas Children’s Hospital
  • Arvest Bank
  • Bank of the Ozarks
  • Baptist Health
  • Chambers Bank
  • Clark Construction
  • Colliers International
  • Cornerstone Bank
  • CrossMar Investments, LLC
  • Danny Thomas Real Estate
  • Goldcrest Farm Trust
  • Great Southern Bank
  • Dillard’s, Inc.
  • Entergy Corporation
  • First Security Bank
  • Flake & Company
  • Hachem Investments, Inc
  • Legacy National Bank
  • Murphy Oil USA, Inc.
  • Natural Capital Fund I, L.P.
  • Oaklawn Jockey Club
  • Partners Bank
  • PotlatchDeltic
  • Regions Bank
  • Sage Partners
  • Simmons Bank
  • Specialized Real Estate Group
  • Stephens Inc.
  • Tempus Realty Partners
  • Tyson Foods, Inc.
  • University of Arkansas

Focused on Services

Environmental and Regulatory - For any real estate project, effectively investigating and resolving a property’s environmental issues can make or break the ultimate success. You can rely on our environmental due diligence whether you are purchasing, selling, or exchanging property.

Clients as diverse as Oaklawn Jockey Club and Murphy Oil USA, Inc. rely on our broad environmental counseling, transaction, regulatory and litigation support. Because we have represented clients before the PSC and the ADEQ, and help shape legislation and rulemaking to support their competitive needs, we resolve environmental law problems because we understand how environmental laws are made. With such a combination of skills, we can represent you in such critical matters as:

  • Air, soil, water, and groundwater contamination, and cleanup litigation
  • Permitting and administrative hearings
  • Compliance matters
  • Allocation of environmental risk
  • Personal injury and property damage litigation—including class action litigation—stemming from exposure to toxic substances

Litigation - Even the best-planned real estate projects can run into problems, and sometimes the courtroom is the best place to resolve them. If you need a skilled litigator, Friday, Eldredge & Clark’s litigation attorneys are ranked in the first band by Chambers and Partners USA and are featured in Benchmark Litigation. Real estate clients rely on us to resolve commercial disputes involving contractual obligations of all types, plus such complicated tax disputes as manufacturing tax exemptions. We have served as class action counsel in commercial litigation, as well as regional counsel in complex trials.

Other services include:

  • Development
  • Debt and equity financing
  • Transactions
  • Mergers and acquisitions
  • Tax issues (including sales and use tax matters)
  • Tax planning
  • Insurance and regulatory
  • Environmental disputes
  • Land-use planning
  • Zoning issues
  • Real estate disputes


Focused on our Team

We have developed a core real estate practice that has the highest ranking from Chambers and Partners.

"Established real estate team, equipped with a strong roster of tax specialists. Well resourced to handle matters including financing, development and leasing, representing lenders and professional services companies. Advises on related tax and zoning and land use issues. Especially active on real estate work relating to energy and natural resources."

- Chambers USA 2019

You want your real estate or any other transaction to be tax-efficient, and, because many of our attorneys have earned a master’s degree in tax law, we can give you coordinated business and tax advice. Such an approach is both a strategic edge and a cost-efficient advantage in the highly competitive real estate market.

We authored the limited liability law in Arkansas. Our experience in the area of exchanges is deep and covers straight like-kind exchanges, reverse like-kind exchanges and deferred like-kind exchanges. We have acted as lenders counsel in real-estate-based loans to countless institutions and as local counsel for out-of-state lenders.