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VOL. 129 | NO. 165 | Monday, August 25, 2014
EMPHASIS Commercial Real Estate

Bull Market

Raymond James renewal boosts Downtown office sector

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

Orgel Has Brewery Under Contract

Memphis businessman Billy Orgel has the Tennessee Brewery under contract to buy.

Memphis Multifamily Sector on Firm Ground

It was 2008 and Memphis-based Makowsky Ringel Greenberg had just acquired a swath of property inside Boyle Investment Co.’s master planned Schilling Farms community in Collierville for a new multifamily development.

Steffner Adds SIOR Role to Real Estate Resume

Since Joe Steffner opened his own commercial real estate firm 10 years ago, the industry veteran has had a front row seat to some wild changes in the industry.

Local Weather
Today
Memphis, TN
60°F
Cloudy
Wind: 14 mph
Humidity: 80%

EVENTS

Mid-South Minority Business Council Continuum will host its 2014 Economic Development Forum Tuesday, Aug. 26, through Thursday, Aug. 28, at Memphis Cook Convention Center, 255 N. Main St. Attendees can hear from nationally known speakers, learn business growth strategies and get access to business capital. Register at edf.mmbc-memphis.org.

more events »

Beset by Money Woes, Crittenden Hospital to Close

WEST MEMPHIS, Ark. (AP) – The Crittenden Regional Hospital in West Memphis stopped admitting patients Monday and will shut down permanently on Sept. 7, despite the recent passage of a sales tax increase intended to help the financially struggling facility.

Tennessee Supreme Court Orders New Trial for Noura Jackson

The Tennessee Supreme Court ordered a new trial for Noura Jackson Friday, Aug. 22, who was convicted in 2009 of second degree murder in the death of her mother, Jennifer Jackson.

Wine Referendum Makes Suburban Ballot

Voters in the six suburban towns and cities in Shelby County will vote in November on whether they want grocery stores to sell wine.

Silicone Arts Laboratories Recruited for Dallas Accelerator

A Memphis company founded in 2011 that makes innovative cosmetic products has been recruited to participate in the Dallas-based health care accelerator Health Wildcatters.

Kyle Senate Replacement Process Slows

Shelby County Democratic Party Chairman Bryan Carson has slowed down the process of picking a Democratic nominee for the state Senate seat Jim Kyle is giving up effective Sept. 1 to become a Chancery Court judge.

SMALL BUSINESS

Veteran’s HomeCare Franchise Aims for Place in Market

There are always adjustments to be made, such as when a middle-school-aged boy moves from Philadelphia to Birmingham, Ala.

LOCAL COLUMNISTS

Primary Research and Talking Sticks

Business, organizations, and nonprofits grow with the level of firsthand experiences they have with their prospects, customers, members or donors. These entities both know themselves and also know their audience, their tribe.

Goodwill Center Helps Job Seekers Reclaim Dreams

The event was held in the shadow of the shuttered Raleigh Springs Mall, in the expanded section of the Goodwill store at 3830 Austin Peay Highway. It was the grand opening of the Goodwill Job Center.

STATEWIDE

Tennessee Inmates Sue Over Electric Chair

NASHVILLE (AP) – Ten death row inmates in Tennessee are suing to prevent the state from using the electric chair as a backup execution device should it be unable to obtain drugs needed to give lethal injections.

NATIONAL BUSINESS

Lawsuits Challenge FAA Drone, Model Aircraft Rules

WASHINGTON (AP) – Model aircraft hobbyists, research universities and commercial drone interests filed lawsuits Friday challenging a government directive that they say imposes tough new limits on the use of model aircraft and broadens the agency's ban on commercial drone flights.

NATIONAL GOVERNMENT

Yellen: Job Market Makes Fed Hesitant on Rate Hike

JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.

Huckabee: 'Stop the Fight' Over Common Core

WASHINGTON (AP) – Conservatives should "stop the fight" over Common Core and instead consider the benefits that the academic standards offer students in struggling schools, former Arkansas Gov. Mike Huckabee said Friday. The position puts him at odds with a significant bloc of Republicans.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 368 16,413
MORTGAGES 66 422 21,432
FORECLOSURE NOTICES 15 76 4,266
BUILDING PERMITS 176 877 39,378
BANKRUPTCIES 60 294 15,542
BUSINESS LICENSES 20 98 5,491
UTILITY CONNECTIONS 69 423 23,573
MARRIAGE LICENSES 17 95 5,035

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