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Editorial Results (free)

1. Cozymel's Property Comes Down -

The first financial ripples from International Paper Co.’s decision to build a fourth tower at its East Memphis campus are seeping out.

2. New York Company Buys Country Squire for $49.2 Million -

8056 Country Squire Lane Cordova, TN 38018

Sale Amount: $49.2 million

Sale Date: March 28, 2013

3. New York Company Buys Country Squire for $49.2 Million -

An affiliate of New York-based NorthStar Realty Finance Corp. has paid $49.2 million for the 972-unit Country Squire Apartments in Cordova.

4. Panther Properties Buys Two Cordova Apartments -

2350 N. Houston Levee Road and 2323 N. Houston Levee Road

5. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

6. Trane Signs Lease on Tradeport Drive -

Trane U.S. Inc. has finalized its 625,000-square-foot industrial lease in Southeast Memphis after the deal process initially began in January 2011.

7. Housing Gap -

The push for home ownership has been a fundamental element of the American Dream since the 1960s.

And because a home is typically a person’s most valuable asset, research indicates home ownership stabilizes neighborhoods while also contributing positively to the overall economy. Leading this promotional effort is the National Association of Realtors, which regularly links a healthy housing market to job creation.

8. Multifamily Survives Q4, Year -

The fourth quarter of 2009 proved to be a decent period for the local multifamily industry during an otherwise lackluster year. Though some market trends remained relatively unchanged from third quarter, the apartment sector enjoyed a rush of investment sales as more investors pulled the trigger on deals.

9. Multifamily Market Dominated By Foreclosure Sales -

Apartment complexes can be found throughout Memphis, but lately it seems the center of the multifamily world is on the courthouse steps Downtown.

Foreclosure sales have dominated the industry’s activity in Shelby County of late, with the most lucrative deals occurring as trustees’ deeds after the original owner defaults on a property or as bank sales after the lender reclaims and resells the property.

10. Wharton, Others to Discuss Finances Today -

Shelby County Mayor A C Wharton Jr. has invited some of the top financial minds both in and out of county government to a roundtable discussion that will be held this morning at the University of Memphis.

11. No Gloom Here -

Memphis' multifamily industry enjoyed one of the most dynamic years in recent memory, as 2007 saw increased occupancy, rental rates and even construction, according to the fourth quarter and 2007 "Memphis Multi-Housing Marketview" report by the local office of CB Richard Ellis (CBRE).

12. Q4 Commercial Sales Down 8 Percent -

Though Shelby County's commercial real estate performed well through most of 2007, sales declined more than 8 percent in the fourth quarter, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

13. Breaking the Mold -

Large transactions involving apartment complexes and hotels dominated Shelby County's commercial real estate landscape in 2007, a year that saw increased sales amid an overwhelming economic slowdown.

14. Memphis Multifamily Shines in 2007 -

This year is almost in the books, but no matter what happens in the next six weeks, 2007 will go down as one of the most intriguing in recent memory for the multifamily industry.

For starters, Fogelman Realty Group LLC fetched a Memphis multifamily record $46 million in October when it sold the Class B, 1,002-unit Watergrove Townhomes to Philadelphia-based BPG Properties Ltd.

15. Watergrove Transaction Sets Multifamily Price Record -

With 22 acres of lakes dotted across its sprawling footprint near Tenn. 385, Watergrove Townhomes has been one of the more recognizable properties in the Hickory Hill area for the past 20 years.

Thanks to the arrival of Philadelphia-based BPG Properties Ltd., the 1,002-unit Class B complex can now add another distinction to its resume - most lucrative.

16. Archived Article -

1130 Legacy Farm Court
Collierville, TN 38017
Sale Amount: $36.5 million

Sale Date: June 12, 2007

Buyer: Legacy Farm LLC

17. Archived Article: Fogelman (lead) - Fogelman acquires five properties, $51 Fogelman fund acquires 5 properties By SUE PEASE The Daily News Fogelman Realty Acquisition Fund LLC, a joint venture comprised of Fogelman Venture Partners, an affiliate of Memphis-based Fogelman Properties an...

18. Archived Article: Calendar - Calendar of events: June 5 11 Calendar of events: May 14-May 20 May 14 The International Association for Administrative Professionals will have its monthly meeting at 6 p.m. at the Holiday Inn-Memphis East. Anne Jones of Dress for Success, Memphis C...

19. Archived Article: Real Review - General Motors expands General Motors expands local real estate operations Neilson Group LLC, GMAC Real Estate has expanded its operations and opened a Collierville office. The Neilson Group joined forces with General Motors real estate division in ...

20. Archived Article: Memos - Charlotte Kelley was named marketing assistant for the Bartlett Performing Arts and Conference Center Charlotte Kelley was named marketing assistant for the Bartlett Performing Arts and Conference Center. She had worked as community relations/market...

21. Archived Article: Memos - Dr Philip G. Satre, chairman and chief executive officer of Harrahs Entertainment Inc., has been named to the board of directors of JDN Realty Corp. Paul Stone has been named executive vice president and chief financial officer of Mark VII Inc. Ston...

22. Archived Article: Memos - WNUA-FM Names Bob Kaake Wendell Altman has been appointed manager of operations for Sedgwick Inc.s national risk control consulting organization. He previously was vice president and manager of risk control consulting for Sedgwick of the Carolinas I...

23. Archived Article: Real Briefs - A four-bedroom, four-bath home in the planned community of CordovaThe Town won a top design award at the Best in American Living awards sponsored by Professional Builder magazine A four-bedroom, four-bath home in the planned community of CordovaThe ...

24. Archived Article: Memos - Jeff Kelly has been appointed president of Fogelman Properties Inc Jeff Kelly has been appointed president of Fogelman Properties Inc.s property management subsidiaries, Fogelman Management Co. and Fogelman Management Services LLC. Kelly most recent...