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Editorial Results (free)

1. Florida Company Buys Residence Inn for $6.5 Million -

An affiliate of Boca Raton, Fla.-based Luxury Resorts & Hotels has paid $6.5 million for the 105-room Residence Inn East Memphis at 6141 Poplar Ave.

2. Medical Office Facility Sells for $5.9 Million -

7865 Educators Lane
Memphis, TN 38133
Sale Amount: $5.9 million

Sale Date: Sept. 26, 2013
Buyer: GA HC REIT II Bartlett TN MOB LLC
Seller: APD Investments LLC, Robert S. Biscan, The Colony Group LP and Amir H. Mehrabi
Details: An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators Lane in Northeast Memphis.

3. Quail Hollow Building Owner Files $7.5 Million Loan -

The owner of the 96,096-square-foot office building at 6525 N. Quail Hollow Road in East Memphis has filed a $7.5 million loan on the property.

4. Oakhaven Warehouse Sells for $11.3 Million -

5155 Citation Drive
Memphis, TN 38118
Sale Amount: $11.3 million

Sale Date: May 21, 2013

5. Owner Files Loan on Humphrey Hampton Inn -

The owner of the 121-room Hampton Inn at 33 Humphrey Center Drive in East Memphis has filed a $5.4 million loan on the property.

6. New Brewery on Tap for Cooper-Young -

A new brewery is headed to Cooper-Young. 

Memphis native and craft beer enthusiast Drew Barton plans to open Memphis Made Brewing Co. LLC at 768 S. Cooper St. near York Avenue along with two other silent partners by mid 2013. The 6,000-square-foot space is adjacent to Signworks and owned by Richard Sullivan.

7. New Brewery on Tap for Cooper-Young -

A new brewery is headed to Cooper-Young.

Memphis native and craft beer enthusiast Drew Barton plans to open Memphis Made Brewing Co. LLC at 768 S. Cooper St. near York Avenue along with two other silent partners by mid-2013. The 6,000-square-foot space is adjacent to Signworks and owned by Richard Sullivan.

8. Soulsville Charter School Files $10M Loan for New Bldg. -

1115 College St.
Memphis, TN 38106
Loan Amount: $10 million

Loan Date: May 20, 2011
Maturity Date: May 5, 2018
Borrower: The Soulsville Charter School LLC
Lender: SunTrust Community Development Enterprises LLC
Details: The Soulsville Charter School LLC has filed a $10 million construction leasehold loan through SunTrust Community Development Enterprises LLC. The loan will fund construction of a new school building – announced last year – on a 2.1-acre parcel and a 1.9-acre parking easement owned by The Soulsville Foundation Inc.

9. Walnut Grove Hampton Financed for $3.3 Million -

A limited partnership entity called W2005 New Century Hotel Portfolio LP has financed the Hampton Inn Memphis-Walnut Grove/Baptist Hospital East hotel at 33 Humphrey Center Drive through German American Capital Corp. for $3.3 million.

10. Memphis in May -

In 1977, Lyman Aldrich had job creation in mind when he invited Japanese businessmen to serve on the board of Memphis in May.

Two years later, Sharp Electronics, a Japanese manufacturer, announced its intention to build its first U.S. plant in Memphis.

11. GM CEO Says Tasks Are Large to Avoid Bankruptcy -

DETROIT (AP) - Bankruptcy protection for the nation's biggest automaker is becoming more probable with a deadline just over two weeks away, the company's top executive told reporters Monday.

12. FDIC's Bair Urges Higher Capital for Banks -

WASHINGTON (AP) - The head of the Federal Deposit Insurance Corp. says new oversight of big financial institutions deemed to be high risk should include raising their capital requirements to help protect the financial system.

13. AIG Sells Hartford Steam Boiler for $742 Million -

CHARLOTTE, N.C. (AP) - American International Group Inc. said Monday that it will sell its Hartford Steam Boiler unit to German reinsurer Munich Re for $742 million as the embattled New York-based insurer divests itself of units to pay back a U.S. government bailout loan.

14. Allianz to Invest $2.5B In Hartford Financial -

CHARLOTTE, N.C. (AP) – Hartford Financial Services Group Inc. said Monday it will receive a $2.5 billion investment from Allianz SE.

The Hartford, Conn.-based insurer also predicted a steep third-quarter loss, and said it is cutting its dividend in conjunction with the investment by Allianz.

15. Volkswagen Selects Tennessee for US Auto Plant -

CHATTANOOGA (AP) - Volkswagen picked Chattanooga over rival sites in two other states for a new U.S. assembly plant expected to create about 2,000 jobs.

Volkswagen Group of America Inc. will produce a new midsize sedan designed specifically for the North American consumer and invest $1 billion in the economy, the company has announced.

16. Millington Ryan's Among ThoseIn Fortress Investment Deal -      A Ryan's Grill Buffet Bakery at 8165 U.S. 51 was among those recently acquired by affiliates of Fortress Investment Group and used to secure a $126.5 million loan through German American Capital Corp.
  &n

17. Warehouse Near AirportFinanced for $3 Million - ABP TN (Memphis) LLC has filed a $3 million mortgage through German American Capital Corp. for a warehouse in Airport Industrial Park. The property is a 103,288-square-foot, one-story warehouse on 12.81 acres on the southwest side of Malone Road acro

18. Archived Article -

5300 Hickory Hill Road
Memphis, TN 38141
Cost: $18.8 million

Borrower: DCT Eastpark I LP and Ark Eastpark I LLC

19. Toys "R" Us Sale Partof Multi-State Agreement - Giraffe Properties LLC has purchased a Toys "R" Us location at 8060 Giacosa Place near Wolfchase Galleria from Toys "R" Us-Delaware Inc. for $8 million. One trust deed totaling $5.7 million was filed through German American Capital Corp. The financin

20. Archived Article: Real Recap - 185 Progress Road

Collierville Board Approves J-Line Refinance 185 Progress Road

Collierville, TN 38017

Cost: $2 million

Borrower: Industrial Development Board of the Town of Collierville, Tenn.

Lender: Trust One Bank

Property: Lan...

21. Archived Article: Fcs (psi) Lj - lj 10/5 cates Looking long-term PSI launches new strategy to pursue international construction contracts By LAURIE JOHNSON The Daily News With the 21st century emerging on the horizon and a global economy becoming a reality, a Memphis-based engineer...