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Editorial Results (free)

1. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

2. Owner Files Loan on Fairway Townhomes -

The Utah-based owner of the 59-unit Fairway Townhomes and Apartments at 5150 Tulane Road has filed a $2.2 million loan on the property.

3. Sweetie Pie’s Signs at Fourth and Beale -

The Beale Street entertainment district has a new tenant on its eastern border with Fourth Street in a space that has been closed for 12 years.

Downtown Memphis Commission president Paul Morris tweeted Thursday, April 10, that Sweetie Pie’s, a soul food restaurant with three locations in St. Louis and plans for expansion in other cities, will open at 349 Beale St. on the southeast corner of Fourth and Beale streets.

4. Collier Village Apartments Sell for $4.4 Million -

The 100-unit Collier Village Apartments at 365 Center St. in Collierville has sold for $4.4 million.

Collier Village Apartments Utah LLC – an affiliate of Salt Lake City-based Property Asset Management Inc. – bought the townhouse-style multifamily complex in a Feb. 26 special warranty deed from Collier Village Associates LLC.

5. Midtown Apartment Building Sells for $840,000 -

199 S. McLean Blvd.
Memphis, TN 38104
Sale Amount: $840,000

Sale Date: Feb. 21, 2014
Buyer: Zaki Holdings LLC
Seller: Colonial House LP
Loan Amount: $140,000
Loan Date: Feb. 21, 2014
Maturity Date: Sept. 1, 2015
Lender: Colonial House LP
Details: The 20-unit multifamily building at 199 S. McLean Blvd. in Midtown has sold for $840,000.

6. Hickory Hills Owner Files $3.3 Million Loan -

The owner of the 96-unit Hickory Hills apartment complex at 3481 Graceland Drive and 3491 Graceland Drive in Whitehaven has filed a $3.3 million loan on the property.

7. Jamesbridge Apartments Sell for $3.6 Million -

3689 James Road Memphis, TN 38128

Sale Amount: $3.6 million

Sale Date: June 6, 2013

8. Shadowbrook Townhouses Owner Files $9.5 Million Loan -

The owner of the 366-unit Shadowbrook Townhouses at 3946 Lamar Ave. in Oakhaven has filed a $9.3 million loan on the property.

9. US Consumer Prices Rise Just 0.1 Percent in May -

WASHINGTON (AP) — U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that consumers are benefiting from mild inflation.

10. Southwind Homewood Suites Sells for $6.5 Million -

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

11. Utah Company Buys Avery Park Apartments -

An affiliate of Salt Lake City-based Property Asset Management Inc. has paid $5.2 million for the Avery Park Apartments at 4865 Raleigh LaGrange Road in Raleigh.

12. Village of Sycamore Ridge Owner Files $4.3 Million Loan -

The owner of the Village of Sycamore Ridge – a 114-unit apartment community at 1945 Sycamore View Road near Bartlett – has filed a $4.3 million multifamily deed of trust, absolute assignment of leases and rents and security agreement (including fixture filing) on the property.

13. $17M in Permit Applications Filed for Miller Creek Apts. -

Miller Creek Apartments
Germantown, TN 38125

Permit Cost: $17.2 million (20 permits)

Permit Date: Applied May 2012

Owner: Miller Creek Residences LLC

14. Heart of Memphis -

The day before Tennessee Gov. Bill Haslam was the keynote speaker this summer at the Downtown Memphis Commission’s 2011 Annual Luncheon, he went for a jog in Nashville wearing his “Believe Memphis” Grizzlies T-shirt.

15. Peabody Soul Gala Nets $250K for MED -

Heavy soul and deep grooves were in the air at The Peabody hotel’s Grand Ballroom Friday night as 14 soul legends took the stage to raise money for The Regional Medical Center at Memphis and to celebrate two-time Grammy Award winner Peabo Bryson’s 60th birthday.

16. Second Street Building Gets Mixed-Use Makeover -

Developers are bringing a brand of apartments that has flourished on Downtown’s Main Street one block over with a $9.7 million project called Van Vleet Flats and Offices.

An extensive rehab has begun on the old warehouse at 109 S. Second St., at the northwest corner of Second Street and Gayoso Avenue.

17. Into the Future -

Memphis College of Art has undergone big changes in recent weeks, and the newest one has changed the face of the South Main Historic Arts District as well.

The college’s graduate school, formerly housed in and near MCA’s main campus at 1930 Poplar Ave., is now open in a converted warehouse space at 477 S. Main St. The college purchased the 49,025-square-foot space in late January for $400,000 and immediately set to work with Askew Nixon Ferguson Architects on the architectural design of the space, said Ken Strickland, MCA interim president.

18. Anti-Incumbency Takes Down Another Congressman -

MONTGOMERY, Ala. (AP) - The political shooting-star otherwise known as anti-incumbency fell on Alabama, taking down a first-term congressman who switched from Democrat to Republican just last December.

19. Dec. Home Sales Down Nearly 17 Percent -

WASHINGTON (AP) – Sales of previously occupied U.S. homes saw their largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave homebuyers additional time to use a tax credit.

20. City Mayoral Transition Yields Crowded To-Do List -  

Memphis Mayor-elect A C Wharton Jr. will be appointing a new city attorney once he takes office next week.

Elbert Jefferson, the city attorney Mayor Pro Tem Myron Lowery tried to fire just minutes after taking the oath of office on July 31, Friday sent a second resignation letter to Lowery. The two met for an hour Sunday evening at City Hall and Lowery accepted Jefferson’s resignation.

Jefferson’s attorney, Ted Hansom, and city Chief Administrative Officer Jack Sammons were also present. Jefferson turned in his key card, the keys to his city car and his laptop.

“The drama is over,” Lowery said Monday. “For my part, I wish it had never happened.”

Dramatis personae

In a resignation letter last week to Wharton, Jefferson had expressed hope that he would be hired for some position in the new administration. Over the weekend, he used the same text in the new letter but addressed it to Lowery instead. He requested the city pay his legal fees as well.

The resignation letter to Lowery made moot an ouster suit filed by Shelby County District Attorney General Bill Gibbons. Criminal Court Judge James Lammey, who was to hear the case, reset a final report to Oct. 27, citing Jefferson’s departure.

“A hearing on the issue of suspension would be an inefficient use of judicial resources, of the state of Tennessee and of the resources of the city of Memphis, and considering (Jefferson’s) current health status, would be an unnecessary tax on (Jefferson’s) well-being and a possible threat to his health,” Lammey wrote in the court order.

Jefferson was scheduled to return to City Hall from sick leave Monday. He apparently believed the new mayor would be in office by the time he returned.

An audit of city financial affairs is standard procedure in a change of administrations. Wharton is naming team members to review the offices of the city attorney, human resources and finance and administration. He was also to name members of his transition team Monday.

Time-, battle-tested

Shelby County Commissioner Mike Carpenter and Methodist Healthcare executive Cato Johnson will head the team.

The other members are:

- Herman Morris, attorney and 2007 candidate for Memphis Mayor.

- Tomeka Hart, Memphis Urban League CEO and Memphis school board member.

- Jim Strickland, attorney and Memphis City Council member.

- Rev. Dwight Montgomery, Southern Christian Leadership Conference Memphis chapter President.

- Jose Velasquez, Latino Memphis former executive director.

- Nisha Powers, Powers Hill Design Inc. President.

- Paul Morris, attorney and former chairman Center City Commission.

- Douglas Scarboro, The Leadership Academy vice president.

- Steve Reynolds, Baptist Memorial Health Care Corp. CEO.

- Diane Rudner, Plough Foundation chairman.

- Darrell Cobbins, Universal Commercial CEO.

Johnson has more experience serving on such task forces and ad hoc committees than any other leader in the city’s corporate community. Most recently, Johnson was one of two business leaders on the ad hoc committee exploring single-source local funding for education. He also served as a leader of the Mid-South Fairgrounds renovation committee and has been involved in similar capacities with every major construction project for a civic use in the past 15 years.

Carpenter’s appointment is certain to fuel speculation that he might be tapped for some role in the new administration. However, Carpenter has already been holding fundraisers in anticipation of a bid for re-election to his commission seat in the 2010 county elections.

Wharton is tentatively scheduled to take the oath of office Oct. 26.

The Shelby County Commission also meets that same day and could receive Wharton’s resignation and declare a vacancy in the county mayor’s office with a vote to appoint Wharton’s successor-to-come in November. Until that vote, County Commission Chairwoman Joyce Avery will serve as interim mayor.

“It will be a day in which I come to work at one place and leave work from another place,” Wharton told The Daily News.

But the Shelby County Election Commission will meet earlier than expected -- Thursday afternoon -- to certify the Oct. 15 election results. Once the results are certified, Wharton is free to resign as Shelby County mayor and take the oath as Memphis mayor.

Cooperative efforts

Meanwhile, Wharton has asked City Council Chairman Harold Collins to consider delaying a council vote today on the five appointees the city mayor is to make to a metro charter commission. The council set today’s vote with the intention of having whomever won the Oct. 15 special election appoint members of the panel.

“I won’t be there on the 20th. … I’m seeing if they are in a position to put it off until I’m actually over there,” Wharton told The Daily News, as he has had attorneys researching if a council vote in November would meet timelines for such an effort set out in state law.

“I believe that they may be able to meet on Nov. 3,” Wharton said.

Wharton has already named the 10 appointees to be made by the Shelby County mayor to the panel. The County Commission approved all 10 earlier this month.

While it appears he will make the other five, Wharton said he will ask the council, through Collins, to effectively pick the five nominees, whom Wharton would then send to the council as his appointees.

“I chose all 10 over here, which I had to do by law. If I could find some way around it that passed legal muster, then I would do that,” he said. “But we’ve researched it and I know of no way in which the city mayor can say … ‘I’m not going to do that.’ You can’t transfer it.”

Wharton and Lowery were to discuss the matter at a meeting Monday afternoon. Lowery told The Daily News he had received no suggested appointees from council members, but would be willing to submit names the council wants on the charter commission.

...

21. Update: Wharton Names Transition Team -  

Memphis Mayor-elect A C Wharton Jr. has named eleven more people to his transition team.

Shelby County Commissioner Mike Carpenter and Methodist Healthcare executive Cato Johnson will chair the group. The others include:

- Herman Morris, attorney, former president of Memphis Light, Gas and Water Division and 2007 Memphis mayoral candidate;

- The Rev. Dwight Montgomery, president of the Memphis chapter of the Southern Christian Leadership Conference;

- Nisha Powers, president of Powers Hill Design Inc.;

- Tomeka Hart, Memphis school board member and Memphis Urban League president and CEO;

- Darrell Cobbins, Universal Commercial President and CEO;

- Jim Strickland, attorney and Memphis City Councilmember;

- Jose Velasquez, Latino Memphis’ former executive director.

- Paul Morris, attorney and former chairman Center City Commission.

- Diane Rudner, Poplar Foundation chairman.

- Steve Reynolds, Baptist Memorial Health Care President & CEO.

- Douglas Scarboro, The Leadership Academy vice president.

In other transition developments, the Shelby County Election Commission will meet Thursday afternoon to certify the results of the Oct. 15 special mayoral election.

The meeting is earlier than Wharton had expected. Once the results are certified, Wharton can resign his post as Shelby County mayor at any point and take the oath of office at City Hall. The Shelby County Commission will then declare a vacancy in the county mayor’s office and commission chairwoman Joyce Avery will become acting mayor until the commission appoints someone to serve the year remaining in Wharton’s county term of office.

...

22. Gardens of Germantown Secures Funding to Build Alzheimer’s Facility -

3179 Professional Plaza
Germantown, TN 38138
Loan Amount: $8 Million
Loan Date: July 16, 2009


Maturity Date: Aug. 1, 2050
Borrower: Gardens of Germantown LLC
Lender: Deutsche Bank Berkshire Mortgage Inc.
Details: The developer of an Alzheimer’s facility called the Gardens of Germantown has filed an $8 million construction loan through Deutsche Bank Berkshire Mortgage Inc.

23. Events -

The Engineers’ Club of Memphis will hold its weekly meeting and lunch today at 11:30 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Page Cotton, Midwest regional manger for Stego Industries LLC, will speak on the topic “Below Slab Moisture Protection.” Cost is $14 to attend.

24. Events -

The MemphisConnect Program will hold forums today from 8:30 a.m. to 10:30 p.m. at the Pavilion on the campus of St. Jude Children’s Research Hospital. The forums will allow newcomers to the Memphis marketplace to ease the transition into their new homes and jobs. All participants must R.S.V.P. to gain entrance onto St. Jude property. Those interested in attending should contact Didi Crandall at 527-4625, Ext. 10 or dcrandall@leadershipacademy.org.

25. Stallworth Named Board President At Association of Fundraising Professionals -

Virginia Stallworth is the new president of the board of directors for the Association of Fundraising Professionals.

Stallworth has served on the board since 2005. She is the associate director at the Memphis Child Advocacy Center, where she has worked for nine years. Stallworth also serves on the board of directors for the Memphis Area Women's Council.

26. Gruenberg Award Sheds Light on Kress Building -

On North Main Street, old and new converge to create a feeling of revitalization and promise sprinkled with nostalgia.

The trolley rolls by Court Square as pedestrians toss crumbs to the birds, and ashes from the recently burned Lincoln-American Tower are swept up and carted away.

27. Baptist Names College of Health Sciences President -

Baptist Memorial Health Care named Betty Sue McGarvey president of the Baptist College of Health Sciences. McGarvey recently served the college as provost and is a graduate of the Baptist School of Nursing. She was a nursing instructor for two years and was among the 10 founders of the Baptist College of Health Sciences.

28. Archived Article: Newsmakers - BOMA Inducts 2005 Officers

Gibbons Named to Chair National Committee

Judge Julia Gibbons of Memphis was named by U.S. Supreme Court Chief Justice William H. Rehnquist as chair of the Budget Committee of the Judicial Conference. Gibbons has bee...

29. Archived Article: Newsmakers - Local Attorney Named Chairperson of ABA Business Law Section

SCO President Earns Distinguished Service Award

The Tennessee Optometric Association presented Dr. William E. Cochran with its 2004 Distinguished Service Award. Cochran is president ...

30. Archived Article: Calvary P - Calvary Lenten series hits stride Calvary Lenten series continues Dr. Johnny Ray Youngblood kicks off the week at Calvary Episcopal Churchs 79th annual Noonday Lenten Preaching series. Guest speakers from congregations across the nation will lead mi...

31. Archived Article: Calvary P - Calvary Lenten series hits stride Calvary Lenten series hits stride Dr. Marcus J. Borg kicks off the week at Calvary Episcopal Churchs 79th annual Noonday Lenten Preaching series. Guest speakers from congregations across the nation will lead midday ...

32. Archived Article: Memos - Paul E Paul E. Prather, a partner at Kiesewetter Wise Kaplan Schwimmer and Prather PLC, was appointed by the Tennessee Supreme Court to the Tennessee Commission on Continuing Legal Education and Specialization. He earned bachelors and law degrees fr...

33. Archived Article: Calvary P - Calvary Lenten series hits stride Calvary Lenten series hits stride Dr. Kenneth A. Corr kicks off the first full week of Calvary Episcopal Churchs 79th annual Noonday Lenten Preaching series. Guest speakers from congregations across the nation will ...

34. Archived Article: Comm Focus - By JENNIFER MURLEY Calvary Lenten series takes center stage beginning Wednesday "Since times ancient, the Church has set aside a period of deep reflection and personal growth known to Christians throughout the world as the season of Lent. Calva...

35. Archived Article: Calvary P.2 - Calvary Episcopal Church will kick off its 78th annual Noonday Lenten Preaching Series on Wednesday, Feb Calvary Lenten series hosts rabbi The Calvary Episcopal Church Noonday Lenten Preaching Series continues with Rabbi Micah D. Greenstein, the fir...

36. Archived Article: Calvary P.2 - Calvary Episcopal Church will kick off its 78th annual Noonday Lenten Preaching Series on Wednesday, Feb Lenten series begins Wednesday By JENNIFER MURLEY The Daily News Calvary Episcopal Church will kick off its 78th annual Noonday Lenten Preaching...

37. Archived Article: Tva P. 2 - TVA names members of Regional Resource Stewardship Council TVA names members of Regional Resource Stewardship Council TVA announced the 19 members of the new Regional Resource Stewardship Council, created to help TVA develop strategies and policies ...

38. Archived Article: Highway (bott)cts Lj - By LAURIE JOHNSON State transportation budget funds seven county projects By LAURIE JOHNSON The Daily News Tennessees proposed transportation budget for the 1999-2000 fiscal year will total $1.3 billion and include 118 projects in 67 counties, Gov. ...

39. Archived Article: Churches Chg - By CAMILLE H Second Baptist renovates facility on Walnut Grove New church building starts on Houston Levee Road By CAMILLE H. GAMBLE The Daily News Second Baptist Church has started construction on a $1.7 million renovation and addition to its facil...