Jessica Flake Dearnley - Flake and Company

Jessica Flake Dearnley

Principal Broker

Jessica Flake Dearnley has over twenty years of experience in commercial real estate asset management. She has leased and managed numerous office and medical buildings, super regional enclosed shopping centers and more. Previously, she has worked in private wealth management as and as financial analyst and as a credit analyst on commercial real estate loans. Her skillset is unmatched in terms of financial modeling and analysis, lease underwriting and negotiations, and managing operating budgets.

Jessica was a Principal Broker at the former Flake & Kelley Commercial since 2012, and most recently at Flake & Company, which was named after the original firm founded by her father, John J. Flake, in 1979. She is a legacy in commercial real estate and the third generation in her family, which started in Little Rock in 1932.

Education

Masters in Finance – Johns Hopkins University
Masters in Accountancy – University of Arkansas
Masters in Business Administration – University of Miami, Coral Gables, Florida
Bachelor in Cognitive Psychology and Creating Writing – Carnegie Mellon University

Certifications & Licences

Chartered Financial Analyst (CFA)
Chartered Alternative Investment Analyst (CAIA)
Certified Public Account (CPA)
Certified Commercial Investment Member (CCIM)
Arkansas, Missouri, Texas & Oklahoma Real Estate Broker Licenses

Professional Affiliations & Leadership Roles

Little Rock Technology Park Board Authority, Treasurer
Little Rock Chamber of Commerce Board
Fifty for the Future Membership Committee and Downtown Redevelopment Co-Chair
Rotary Club 99

John J. Flake

Associate Broker

John Flake, Advisor at Flake & Company, is one of Arkansas’s most accomplished and respected leaders in commercial real estate. With a career spanning more than five decades, Mr. Flake has been instrumental in shaping the state’s commercial landscape through landmark developments, visionary leadership, and unwavering dedication to client success. He has led landmark developments—including the iconic 40-story Simmons Bank Building (formerly known has Capital Tower in 1986, and later the TCBY Tower)—that have redefined the city skyline and fueled economic growth throughout the region TCBY Tower)—that have redefined the city skyline and fueled economic growth throughout the region. He has been a Certified Commercial Investment Member (CCIM) for 50 years.

In recognition of his lifelong contributions, Mr. Flake was honored with the Commercial Real Estate Council Legend Award in 2025, placing him among a select group of industry trailblazers who have left a lasting mark on Arkansas’s built environment.

Mr. Flake began his career working alongside his brother, Dickson Flake, at Barnes, Quinn, Flake and Anderson, before founding Flake & Company 1979. In 2020, he exited the firm he founded, which was known as Flake & Kelley Commercial at the time. As his daughter was starting over again, he joined her to continue a proud family legacy in real estate.

Over the years, he has completed transformative projects as well as major developments for healthcare, retail, and energy clients. His client portfolio includes many of Arkansas’s most prominent institutions and corporations, such as Baptist Health, Walmart, Dillard’s, Verizon, Acxiom, Entergy, and the Electric Cooperatives of Arkansas.

Beyond his professional accomplishments, Mr. Flake has long demonstrated a commitment to civic and cultural life in Arkansas. He has supported organizations such as the Arkansas Symphony Orchestra, Big Brothers of Pulaski County, the Greater Little Rock Chamber of Commerce, and the Downtown Partnership, and has served on the Little Rock National Airport Commission among other leadership roles.

Through his work, John Flake has not only elevated Arkansas’s commercial real estate industry but also strengthened the communities it serves. His vision, integrity, and lifelong commitment to excellence continue to guide Flake & Company as it builds on a legacy of innovation and service.