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Editorial Results (free)

1. Wenco Files Construction Loan for Volvo of Memphis -

7910 Trinity Road
Cordova, TN 38018
Loan Amount: $4.2 million

Loan Date: Nov. 7, 2013
Maturity Date: n/a
Borrower: Wenco Properties LLC
Lender: Wells Fargo Bank NA
Details: Wenco Properties LLC has filed a $4.2 million construction loan through Wells Fargo Bank for the Volvo of Memphis dealership it is building at 7910 Trinity Road in Cordova.

2. Oaktree Files $11.1 Million Loan for Kirby Gate Property -

Oaktree Health & Rehabilitation Center LLC has filed an $11.1 million trust deed for the property it bought a year ago in the Kirby Gate business campus.

3. Senior Sector -

The 76 million Americans born between 1946 and 1964 were said to have remodeled society as they moved through it.

It was the baby boomer generation that drove the cultural shift to consumerism with SUVs and mini-vans. That demographic just turned 65 and real estate developers have taken notice.

4. $3 Million in Permits Filed For Hacks Cross Buildings -

3152 Hacks Cross Road and
3168 Hacks Cross Road

Permit Amounts: $1.4 million (3152 Hacks
Cross); $1.6 million (3168 Hacks Cross)

5. State Approves Hospitals, Nursing Home -

The Tennessee Health Services and Development Agency has granted certificates of approval for new specialty hospitals in Memphis and extended the time for a construction project at a Bartlett nursing home.

6. Planned Parenthood, Others Seek New Locations -

Planned Parenthood Greater Memphis Region Inc. plans to move to another location in Midtown because its lease won’t be renewed, while the owner of two long-term care hospitals looks to build new facilities because of an eminent domain lawsuit.