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DeSoto Public Records:28
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Editorial:17
West Tennessee:11
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Editorial Results (free)

1. French Quarter Inn Sells for $1.9 Million -

The long-vacant French Quarter Inn on Madison Avenue near Overton Square has been sold for $1.9 million, according to property records.

California-based NCE Realty and Capital Group LLC closed Dec. 31 on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street.

2. French Quarter Inn Sells for $1.9 Million -

The long-vacant French Quarter Inn on Madison Avenue near Overton Square has been sold for $1.9 million, according to property records.

California-based NCE Realty and Capital Group LLC closed Dec. 31 on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street.

3. French Quarter Deal Collapses -

A Texas-based group had inked a deal to purchase the long-vacant French Quarter Suites Hotel near Overton Square, but the proposed sale fell through the cracks.

Austin, Texas-based ASC Management had until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but did not complete the sale.

4. French Quarter Suites Deal Hangs in Balance -

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but has not yet done so, according to one of the property’s current owners.

5. French Quarter Deal Hangs in Balance -

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison and Cooper Avenues but has not yet done so, according to one of the property’s current owners.

6. Filling the Voids -

Last year was a banner year for adaptive reuse projects in Midtown and Downtown.

Developers announced plans for the Sears Crosstown building, Overton Square, Hotel Chisca, James Lee House and old United Warehouse in the South Main Historic Arts District. Construction began on The Pyramid, turning it into a 220,000-square-foot mega-Bass Pro Shop Outdoor World, and Memphis in May moved into its new headquarters at 56 S. Front St., a 14,600-square-foot building that’s on the National Register of Historic Places.

7. Arkansas Farmers Welcome Rain but Drought Persists -

LITTLE ROCK, Ark. (AP) – Farmers welcomed this week's downpour after enduring one of the driest Mays on record in some parts of Arkansas and one that worsened drought conditions in the state.

8. Loeb Makes Progress on Square Plan -

The blue banner that hung until recently at the curved building at Cooper Street and Madison Avenue and read “Returning in 2012” will soon ring true for Overton Square and its developer, Loeb Properties Inc.

9. Room Service -

The good news for the local hotel industry is that last year notched the most rooms ever sold on a daily basis with 4.8 million – 115,628 more than 2010 and 76,780 more than the previous high set in 2007.

10. Former French Quarter Hotel to Become Comfort Suites -

The site of the abandoned French Quarter Suites Hotel is under contract to be purchased by a different ownership group than the one that recently planned to develop an upscale five-star hotel there. The Memphis Regional Design Center announced the news to its members via email and Facebook Wednesday, Jan. 25.

11. Green Light -

It may have been a murky day in Memphis, but neighborhood stakeholders didn’t let the afternoon rain dampen their support of the Overton Square redevelopment project during the Memphis City Council’s final meeting of the year.

12. Council Passes $16M Overton Square Funding -

It may have been a murky day in Memphis, but neighborhood stakeholders didn’t let the afternoon rain dampen their support of the Overton Square redevelopment project during the Memphis City Council’s final meeting of the year.

13. Loeb Unveils Ambitious Plan For Renewed Overton Square -

Loeb Properties Inc. hopes to capitalize on Midtown’s recent successes with a $31 million revitalization plan for Overton Square.

14. Loeb Properties Reveals Theater Arts District for Overton Square -

Loeb Properties Inc. is hoping to capitalize on Midtown’s recent successes with a $31 million revitalization plan for Overton Square.

15. WKNO Forum Further Delineates Governor Hopefuls -

All four Republican contenders for Tennessee governor offered differing definitions of conservatism this week in a Memphis television forum.

The joint appearance is nothing new for Chattanooga Congressman Zach Wamp, Knoxville Mayor Bill Haslam and Lt. Gov. Ron Ramsey. They’ve done dozens of joint appearances in the past year and a half.

16. Gov Hopefuls to Hold Live TV Forum -

The four Republican contenders for Tennessee governor will be in Memphis Tuesday for a statewide live television forum moderated by Eric Barnes, publisher of The Daily News Publishing Co. Inc.

17. French Quarter Suites Hotel Bought Back by Original Owner -

2144 Madison Ave.
Memphis, TN 38104
Sale Amounts: $1 Million; $300,000; $200,000

Sale Dates:Nov. 20, Nov. 5 and Nov. 12, 2009
Buyer:FQI LLC
Sellers:Lodgian Memphis Property Owner LLC, Horace and Ann Proctor, and Martha D. Sutton
Loan Amount:$1.3 million
Loan Date:Nov. 30, 2009
Maturity Date:Nov. 20, 2010
Lender:Triumph Bank