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Editorial Results (free)

1. Shelby Farms Files $25 Million Permit for Lake Expansion -

500 Pine Lake
Memphis, TN 38134
Permit Cost: $25 million

Project Cost: $52 million
Permit Date: Applied May 2014
Completion: June 2016
Owner: Shelby Farms Park Conservancy
Tenant: Shelby Farms Park Conservancy
Architect: james corner field operations
Contractor: Montgomery Martin Contractors LLC
Details: The Shelby Farms Park Conservancy has filed a $25 million permit with the city-county Office of Construction Code Enforcement to expand Patriot Lake.

2. Fieldstone Apartments Pays $1.8 Million for Land -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has paid $1.8 million for land near its Southeast Memphis property.

3. I-Bank Tower Sells For $14.4 Million -

The I-Bank Tower at 5050 Poplar Ave. in East Memphis has traded hands for $14.4 million, although the sale appears to be an internal transfer as the result of a corporate acquisition.

4. Fieldstone Apartments Files $9 Million Loan -

Fieldstone Apartments III LLC – an affiliate of Michael Lightman Realty Co. – has filed a nearly $9 million loan through SunTrust Banks Inc. for land that will become a new apartment phase.

5. McDonald’s Buys Lamar Retail Center for $850,000 -

2342 Lamar Ave.
Memphis, TN 38114

Sale Amount: $850,000

Sale Date: Aug. 17, 2012

6. Fieldstone Apts. Buys Land for Third Phase -

Fieldstone Apartments III Co. has paid $1 million for almost 17 acres of vacant land on Tournament Drive in Southeast Memphis for a new apartment phase.

7. Elvis Presley Blvd. Center of Council Talks -

For decades what is now Elvis Presley Boulevard was the road to Memphis for those from Mississippi, whether they were coming to stay or coming to visit.

Much has changed since Elvis Presley moved into a home on a hill already named Graceland in the mid-1950s when Whitehaven was a country road not yet a part of the city of Memphis.

8. Airport CEO Larry Cox to Head Chamber Board -

The Greater Memphis Chamber has a new chairman of the board. Larry Cox, president and CEO of the Memphis-Shelby County Airport Authority, has been elected by the chamber board to succeed former Smith & Nephew executive Joe DeVivo.

9. Airport CEO Larry Cox to Head Chamber Board -

The Greater Memphis Chamber has a new chairman of the board.

Larry Cox, president and CEO of the Memphis-Shelby County Airport Authority, has been elected by the chamber board to succeed former Smith & Nephew executive Joe DeVivo. DeVivo now works for Albany, N.Y.-based medical device provider AngioDynamics.

10. ULI Event To Tackle CRE Outlook -

Most commercial real estate markets have stabilized, but improvement in occupancies and rents won’t be as certain in 2012.

That’s the message real estate professionals will receive Tuesday, Dec. 6, when the Urban Land Institute District Council Memphis hosts its fifth annual Real Estate Outlook for the Mid-South at the Holiday Inn University of Memphis’ Tennessee Ballroom, 3700 Central Ave.

11. Eason Joins Obsidian As Account Executive -

Kelli Eason has joined Obsidian Public Relations as an account executive.

Hometown: Lake Charles, La.

12. DeVivo Lands New Position With NY Firm -

Joseph “Joe” DeVivo, former president of Smith & Nephew’s Memphis-based Orthopaedic Reconstruction and Trauma division, has been appointed executive leader of AngioDynamics, an Albany, N.Y.-based provider of medical devices for vascular access, surgery, peripheral vascular disease and oncology.

13. DeVivo Lands New Position With NY Firm -

Joseph “Joe” DeVivo, former president of Smith & Nephew’s Memphis-based Orthopaedic Reconstruction and Trauma division, has been appointed executive leader of AngioDynamics, an Albany, N.Y.-based provider of medical devices for vascular access, surgery, peripheral vascular disease and oncology.

14. Dotzour Outlines CRE Future at MAAR Summit -

For this year’s version of the commercial real estate industry to differ from 2010, the economy needs one thing – jobs.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told a room full of local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

15. Summit to Provide Insights for CRE Market -

Commercial real estate professionals will soon have the opportunity to gain insight on local and national issues that have an effect on Memphis business.

The eighth annual Commercial Property Forecast Summit, presented by the Memphis Area Association of Realtors Commercial Council, will provide reviews and forecasts of four local commercial real estate sectors.

16. ULI Conference to Tackle Emerging Trends -

As real estate professionals gather this week to take a look at the latest numbers and trends, they will also get a broader economic view of the recession’s effect on the industry.

They will get a glimpse into the current market Wednesday when the Urban Land Institute (ULI) District Council Memphis holds its annual Real Estate Outlook for the Mid-South.

17. Smith & Nephew's DeVivo Named Chamber Chairman -

The Greater Memphis Chamber has a new chairman, it announced Thursday.

Joseph “Joe” DeVivo was named chairman of the board by a unanimous vote by his fellow directors. DeVivo, who is president of orthopedic reconstruction for Smith & Nephew Inc., assumes the leadership position immediately.

18. Smith & Nephew Exec Named Memphis Chamber Chairman -

The Greater Memphis Chamber has a new chairman, it announced Thursday.

Joseph “Joe” DeVivo was named chairman of the board by a unanimous vote today by his fellow directors. DeVivo, who is president of orthopedic reconstruction for Smith & Nephew Inc., assumes the leadership position immediately.

19. Clark Bros. Stymied By Housing Woes -

Partners with a renowned Memphis-based real estate development firm are experiencing the foreclosure crisis first-hand.

Brothers Benjamin G. Clark and Nicholas G. Clark are the subjects of five pending foreclosure lawsuits with Tupelo, Miss.-based BancorpSouth Bank, according to suits filed in Shelby County Chancery Court. BancorpSouth’s appraisals for the properties in question are valued at approximately $20.5 million, with loan balances of $17.5 million.

20. Business Leaders Back Consolidation Charter -

Several dozen of the best known corporate leaders in the city turned out Friday afternoon to go public with their support of the consolidation charter.

The “Charter Means Business” campaign includes Gary Shorb, CEO of Methodist Le Bonheur Healthcare, philanthropist and AutoZone founder J.R. “Pitt” Hyde, Leigh Shockey, chairman and CEO of Drexel Chemical and Southern Heritage Classic founder Fred Jones as well as 65 others.

21. Deimund Named Clinical Director of Methodist Wound Centers -

Sandy Deimund has been named clinical director for the Methodist North and Methodist South Hospital Comprehensive Wound Healing Centers.

Hometown: Cape Girardeau, Mo.
Education:
Certified Wound Specialist (CWS) and a member of the American Academy of Wound Management
Work Experience:
Nurse manager, Methodist South Comprehensive Wound Healing Center; registered nurse, Southeast Hospital in Cape Girardeau, Mo.
Favorite quote:
“Whether you think you can or think you can’t, you’re right.” Henry Ford
Last book read:
“Love ’Em or Lose ’Em” by Beverly L. Kaye
Favorite music:
I like a variety of music, from country to classical.
Favorite movie:
“African Queen”
Sports team:
Tennessee Titans
Activities you enjoy outside of work:
Spending time with friends, sudoku puzzles, traveling, reading
What talent do you wish you had?
I wish I could pick stocks like Warren Buffet.
Who has had the greatest influence on you?
All of the patients who have overcome obstacles in their lives, yet continue to persevere.
Why did you pursue a career in health care?
I have always had an innate curiosity about medicine and people. As a child, my dolls were always sick or injured and needed “health care.”
What drew you to Methodist?
The Christian atmosphere and multiple opportunities available for nurses.
What do you consider your greatest professional accomplishments?
Any time a patient hugs me or shakes my hand and tells me how much they appreciate my efforts is the greatest feeling.
What do you most enjoy about your work?
Working with patients to facilitate their healing process.

22. Questions Abound for Commercial Real Estate’s Future -

The commercial real estate market will need to navigate its way through a host of landmines before it sees anything resembling recovery.

That was the message Mark Dotzour, chief economist and director of research for the Real Estate Center at Texas A&M University, told local brokers, bankers and appraisers at Wednesday’s Commercial Property Forecast Summit, held at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.

23. Builder Optimistic About C’ville Subdivision -

Starting homes in the middle of January – and in the middle of a housing slowdown – might not seem like the wisest approach, but John Worley said the stars are aligned right as he begins the second phase of the Woodgrove Subdivision in Collierville.

24. $1.5M Construction Loan Filed for Enclave PD -

Duntreath Investments LLC has filed a $1.5 million construction loan through Magna Bank to build homes on four lots of the Enclave Planned Development’s third phase in Germantown. The 15.95-acre, 50-lot phase is north of Wolf River Boulevard in Germantown, between Farmington Boulevard and Forest Hill-Irene Road.

25. Pera Appointed Special Adviser For ABA Strategic Communications Committee -

Lucian Pera of Adams and Reese LLP has been appointed as a special adviser of the American Bar Association’s Standing Committee on Strategic Communications for a one-year term.

26. Florida Investor Buys SE Memphis Retail Center -

6990 Shelby Drive
Memphis, TN 38125
Sale Amount: Quitclaim

Sale Date: Aug. 1, 2008
Buyer: Gator Shelby Partners Ltd.
Seller: Shelby Square LLC
Loan Amount: $4.3 million
Loan Date: Aug. 1, 2008
Maturity Date: N/A
Lender: Bank of America NA
Details: Miami-based real estate investment firm Gator Investments, operating locally as Gator Shelby Partners Ltd., has entered the Memphis market with the acquisition of the Shelby Square retail strip center on the northeast corner of Riverdale Road and Shelby Drive.

27. Gwendolyn Smith Took Lie Detector Test, Latest Info Reveals -

Over the past several days, the investigation into a blackmail plot against Memphis Mayor Willie Herenton drew to a close. And in the waning days of that criminal probe, the woman who went public last year with details of the plot was given a polygraph exam, The Daily News has learned.

28. No Wrongdoing By Clark In Herenton Blackmail, Prosecutor Says -

The attorney for a developer accused by Memphis Mayor Willie Herenton of being part of a blackmail effort against the mayor has been told by the special prosecutor investigating the case that the developer did not do "anything illegal."

29. Attorney: Clark Cleared In Herenton Blackmail Probe -

The attorney for a developer accused by Memphis mayor Willie Herenton of being part of a blackmail effort against him has been told by the special prosecutor investigating the case that he did not do “anything illegal.”

30. Attorney General To Defend Strip Club Ordinance -

Tennessee Attorney General Robert Cooper will help defend the Shelby County ordinance governing Memphis strip clubs in U.S. District Court.

Cooper's office filed a motion Monday to intervene on the side of the city and county in the case filed by seven strip club owners. The suit challenges the constitutionality of the ordinance as well as the state law on which the ordinance is based.

31. Cobbins TappedTo Fill Spot on MLGW Board -      Darrell T. Cobbins, co-founder of the local political group New Path, is Memphis Mayor Willie Herenton's choice to replace Dr. Phillip Bowden on the Memphis Light, Gas and Water Division board. Bowden resigned abruptly f

32. Economic Indicators Not So Good -

Memphis City Council member Jim Strickland recently told an audience at Christian Brothers University that the city of Memphis appears headed toward what he called an "impending budget crisis."

On a similar note, Shelby County Trustee Bob Patterson had made a comparable prediction shortly before he died last week. Patterson forecasted that the county's residential tax base would be completely flat after next year's countywide property reappraisal.

33. Evans Elected AsNew MLGW Board Chairman -      Lynn Evans is the new chairman of the Memphis Light, Gas & Water Division board. Evans was elected to the post by fellow board members at Thursday's utility board meeting. William Taylor was elected vice chairman.
&n

34. Beer Sales at Sexually Oriented Businesses up for Second Reading Today -

It's on the Memphis City Council's consent agenda today. But the second of three readings of an ordinance to permit beer sales to continue at strip clubs is expected to be anything but routine.

In the two weeks since the measure was added to the council's agenda at the last minute and passed on first reading, opponents have grown more vocal. And the Herenton administration is defending its proposal.

35. Prosecutor Nears End Of Herenton Sex Plot Investigation -

Back in July, the special prosecutor investigating an alleged blackmail plot against Memphis Mayor Willie Herenton insisted in an interview with The Daily News that he'd get to the bottom of things.

36. Tangled Web Snags Ford and Lee, Both Indicted for Bribery and Other Offenses -

The newest corruption charges against Memphis City Council member Edmund Ford include not only a new codefendant, former Memphis Light Gas & Water (MLGW) President Joseph Lee. They also include a case that appears to be built in large part on Ford's public record as an elected official.

37. Middle Tennessee DA In Thick of Memphis Mayoral Controversy -

His law office is part of the picturesque town square of Franklin, Tenn. A lifelong resident there, he's a member of the vestry at the local St. Paul's Episcopal Church, and his family has lived in the town for more than 175 years.

38. Memphis Networx: From Smart Money to Risky Business -

Memphis, Light, Gas & Water (MLGW) board members have postponed until July voting on the sale of telecom company Memphis Networx.

A clearer picture of how the MLGW spin-off got to this point is beginning to emerge.

39. MLGW Decision to SellMemphis Networx Expected -      Memphis Light, Gas & Water Division's (MLGW) board of commissioners are expected to pull the plug next week on the utility's involvement in the public-private venture Memphis Networx, a telecom firm started in 1999 with

40. Resignations of Lee, HortonAccepted by Herenton -      Memphis Mayor Willie W. Herenton announced Thursday he is accepting the resignation of Memphis Light, Gas & Water Division (MLGW) CEO Joseph Lee.
     Herenton also announced that general co

41. MLGW-Ford Drama Far From Over -

Dressed in a pinstripe suit, Memphis City Council member Edmund Ford did little more than chew gum and listen silently while a pair of attorneys told a council committee how they plan to investigate certain questionable practices at Memphis Light, Gas & Water Division (MLGW). Before they spoke, the meeting had been altogether so uneventful that an elderly female visitor in the audience, head drooped, could be heard snoring.

42. Commercial Real Estate ExpertsOffer Reviews, Forecasts -      See what real estate prognosticators have to say about the Memphis-area commercial market at the fourth annual Commercial Property Forecast Summit. Presented by the Memphis Area Association of Realtors (MAAR) Commercial

43. Lenox ParkGoes Up For Sale -      By the end of the year, the Lenox Park office in Southeast Memphis could come under new ownership.
     The current owner of the $100 million Class A office park, Clark & Clark, is seeking i

44. Bill Morris Boom Times -

Pull off Bill Morris Parkway onto Winchester Road and head east. If you haven't driven down the stretch of Winchester that intersects Hacks Cross Road in the past couple of years, you might not recognize it.

45. MAAR to Give Posthumous Award to William B. Clark -

William B. Clark's life epitomized what many would consider the American dream.

At age 19, straight out of high school, Clark built and sold his first house in the Lincoln Heights subdivision in southwest Memphis.

46. Askew Named National Director of Engineering Group -

Mark W. Askew, president of Askew Hargraves Harcourt & Associates Inc., was appointed to a two-year term as national director of the American Council of Engineering Cos. of Tennessee. Askew is a civil engineer with 30 years of structural engineering experience.

47. Archived Article: Real Recap - 2144 Madison Ave

Atlanta Firm Refinances French Quarter Suites

2144 Madison Ave.

Memphis, TN 38104

Cost: $4 million

Borrower: Lodgian Memphis Property Owner LLC

Lender: Merrill Lynch Mortgage Lending Inc.

Trustee: Midsouth Title...

48. Archived Article: Daily Digest - St

38 Acres Near Byhalia

Purchased for $1.9 Million

Nick Clark Business Trust No. 1 has purchased 38.4 acres of undeveloped land near Byhalia Road and Shelby Drive from Hearthstone Investments LLC for $1.9 million, according to The Daily Ne...

49. Archived Article: Newsmakers - YOUTH VILLAGES NAMES NEW BOARD MEMBER

UT Bowld Hires Transplant Services Director

Barry Marshall joined UT Bowld Hospital as administrative director of transplant services. Marshall previously worked with Health Alliance of Greater Cincinnati ...

50. Archived Article: Real Briefs - In Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6 The National Association of Women in Construction will meet 6:30 p.m. today at Andertons restaurant, 1901 Madison Ave. Dinner is $15. For information, ...

51. Archived Article: Focus (peermark) - Real estate market research firm launches web site Real estate market research firm launches Web site By SUE PEASE The Daily News Holley Dargies original idea for her companys Web site was to provide information to clients in a spreadsheet format on...

52. Archived Article: Back-wellington - Duntreath Partners purchases Duntreath Partners purchases 156 acres for $1.9 million Duntreath Partners, made up of Nick and Ben Clark, purchased 156 acres for $1.9 million on Friday to develop phases 8, 9 and 10 of Wellington Farms subdivision, loc...

53. Archived Article: Lenox Park Lj - lj 10/5 cates Lease negotiations hot at Lenox Park By LAURIE JOHNSON The Daily News As construction progresses on one of the first office buildings in Memphis next commercial "hot zone," leasing activity for the project has developers anti...