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Editorial Results (free)

1. Charlotte Firm Buys Mendenhall Warehouse -

4517 S. Mendenhall Road
Memphis, TN 38141
Sale Amount: $1.4 million

Sale Date: June 24, 2014
Buyer: TKC CLXXIX LLC
Seller: Tenn Thom Realty LLC
Loan Amount: $1.1 million
Loan Date: June 24, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of Charlotte, N.C.-based real estate development firm The Keith Corp. has paid $1.4 million for the 14,650-square-foot warehouse at 4517 S. Mendenhall Road in Hickory Hill.

2. Builder Files Construction Loan for Cambridge Manor -

Oakland-based homebuilder Creekside Homes LLC has filed a $1.2 million construction loan on five lots in the Cambridge Manor Planned Development in Arlington.

3. Slow Job Growth Yields Dip in New-Home Permits -

Shelby County homebuilding activity continued to cool off in November, with builders filing fewer permits and selling fewer new homes compared to the same month a year ago.

Homebuilders pulled 58 permits in November, down 23.6 percent from 76 permits filed in November 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

4. ‘New Enthusiasm’ Yields Permit Rise -

While new-home sales remain low, average new-home sales prices are increasing, along with the number of permits and permit amounts.

Shelby County homebuilders filed 75 permits in April – up 36 percent from the 55 filed during April 2011 – according to real estate information company Chandler Reports, www.chandlerreports.com.

5. Building Momentum -

Local homebuilders were busy in August, filing more permits than the same month a year ago.

Shelby County homebuilders filed 73 permits last month, a 21.7 percent increase from 60 filed in August 2010 and a 19.7 percent increase from 61 filed in July, according to real estate information company Chandler Reports, www.chandlerreports.com.

6. Archived Article: Real Briefs - David Parsons, owner of Parsons Construction Co David Parsons, owner of Parsons Construction Co., was sworn in as president of Memphis Area Home Builders Association during the organizations installation banquet. In addition, Russell Gwatney receive...

7. Archived Article: Memos - Dr Dr. Raymond R. Lagesse has been named assistant to the vice president for academic affairs at State Technical Institute. Lagesse previously worked at the State University of New York College at Geneseo where he was associate dean and director of ...