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Editorial Results (free)

1. 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.

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

2342 Lamar Ave.
Memphis, TN 38114

Sale Amount: $850,000

Sale Date: Aug. 17, 2012

3. 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.

4. $7.5 Million Permit App Filed for Fieldstone Apts. -

7986 Tournament Drive
Memphis, TN 38125

Permit Cost: $7.5 million

Permit Date: Applied May 2012

Owner: Fieldstone Apartments III Co.

Contractor: Patton & Taylor Construction Co.

5. Permit App Filed for Fieldstone Apts. -

Fieldstone Apartments III Co. is preparing to begin work on a 102-unit apartment complex at 7986 Tournament Drive in Southeast Memphis, according to a $7.5 million building permit application filed with the city-county Office of Construction Code Enforcement.

6. Winbranch Apartments Sell for $2.4 Million -

3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million

Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC