Editorial Results (free)
1. Carlisle Corp. Gets Tentative OK on One Beale Plan
- Thursday, June 11, 2015
Developers got a tentative green light to move forward with the ambitious One Beale project, convincing regulators that the twin skyscraper development would be a game-changer for the Memphis skyline.
2. Opry Has Become Big Part of CMA Fest
- Saturday, June 06, 2015
The relationship between the Grand Ole Opry – the 90-year-old radio program and down home variety show – and CMA Music Fest is a pretty simple formula.
“A win for CMA Music Fest is a win for the Opry,” says Pete Fisher, vice president and general manager of the nation’s longest continuously running radio program.
3. Former Motel 6 Sells for $1.4 Million
- Tuesday, January 28, 2014
1321 Sycamore View Road
Memphis, TN 38134
Sale Amount: $1.4 million
Sale Date: Jan. 13, 2014
Buyer: P & S Hospitality LLC
Seller: G6 Hospitality Property LLC
Loan Amount: $1.1 million
Loan Date: Jan. 14, 2014
Maturity Date: N/A
Lender: Argent Bank
Details: The former Motel 6 at 1321 Sycamore View Road in Northeast Memphis has traded hands for $1.4 million.
4. Owner of Whitehaven Retail Center Files Loan
- Monday, January 27, 2014
The owner of the 19,844-square-foot retail center at 5339 Elvis Presley Blvd. in Whitehaven has filed a $2.2 million loan on the property.
5. Henry Turley Co. Files Permits for South Junction
- Tuesday, August 27, 2013
727 E. Mann Circle; 726. E. Mann Circle; 725 W. Mann Circle; 35 W. Georgia Ave.; 649 Florida St.; 18 W. Carolina Ave.; 9 E. Carolina Ave.
Memphis, TN 38103
Permit Costs: $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.4 million
6. Florida Company Buys Multi-Tenant Building on U.S. 64
- Friday, August 23, 2013
A local affiliate of Delray Beach, Fla.-based Belford Ventures has paid $3 million for the multi-tenant retail building at 7859 U.S. 64 (Stage Road) in Northeast Memphis.
The entity 7859 Stage LLC bought the 72,472-square-foot building in an Aug. 19 warranty deed from Memphis-based CM&W GP, a partnership composed of Phil Chamberlain, Jon McCreery and Jack Whitaker. That group bought the property in 2005 from SKN LLC for $2.5 million.
7. This week in Memphis history: June 28-July 4
- Saturday, June 29, 2013
2012: Shelby County Mayor Mark Luttrell was among those reacting to a legal motion by the Shelby County Commission to stop the move by suburban leaders to form their own municipal school districts. Luttrell said he wasn’t surprised by the motion but was “shocked” by the commission’s claim that the suburban school districts would amount to a racial resegregation of public schools in Shelby County.
8. Dot-Com Moves Distribution To Memphis
- Friday, August 10, 2012
Wilsonville, Ore.-based LinenTablecloth.com has entered the Memphis industrial market, leasing 82,500 square feet at 3046 Datsun Drive for its new distribution center.
9. Nursing Home Owner Files $13 Million Loan
- Tuesday, July 24, 2012
3549 Norriswood Ave.
Memphis, TN 38111
Loan Amount: $13 million
Loan Date: July 13, 2012
10. Parktown Place Condos Sold Back to BankPlus
- Wednesday, July 18, 2012
Ridgeland, Miss.-based BankPlus has bought back the Parktown Place Condominiums in Midtown following a foreclosure of the eight-unit multifamily complex and its owner, Dogwood Properties of Memphis.
11. Building Blitz
- Wednesday, June 06, 2012
Some of the city’s prominent homebuilders huddled up at McDonald’s on Winchester and Tchulahoma roads around 4:30 a.m. on Monday, June 4, trying to decide what the weather had in store for the first morning of the Habitat for Humanity of Greater Memphis/Memphis Area Home Builders Association Home Builders Blitz.
12. Habitat for Humanity Preps for Home Builders Blitz
- Thursday, May 10, 2012
Habitat for Humanity of Greater Memphis, the Memphis Area Home Builders Association and Emmy Award-winning television personality Steve Thomas will join forces Monday, June 4, to kickoff Habitat for Humanity International’s Home Builders Blitz 2012.
13. Chamberlain Joins MBI
- Wednesday, February 22, 2012
Jessica Chamberlain has joined MBI as a workspace consultant.
Hometown: Arlington, Tenn.
14. Multipurpose Bldg. Planned for Soulsville Charter School
- Tuesday, February 07, 2012
1115 College St.
Memphis, TN 38106
Permit Cost: $4 million
Permit Date: Applied February 2012
Owner: The Soulsville Foundation
Tenant: The Soulsville Foundation
Details: The Soulsville Foundation has filed a $4 million building permit application with the city-county Office of Construction Code Enforcement for a 15,000-square-foot, one-story, multipurpose building at The Soulsville Charter School.
15. Dogwood Finances Lots in Arlington, Bartlett
- Wednesday, February 01, 2012
Dogwood Properties has filed a $1.5 million loan through Independent Bank secured by eight lots in Arlington and Bartlett.
16. MC Ionic Solutions US Begins Work on Fite Rd. Site
- Tuesday, July 19, 2011
2665 Fite Road
Memphis, TN 38127
Permit Amount: $1.3 million
Permit Date: Applied July 2011
17. Arlington Shopping Center Financed for $1.5 Million
- Thursday, July 14, 2011
Slidell, La.-based Southeast Investments LLC has financed a nearly 24,000-square-foot shopping center at 6050 Air Line Road in Arlington for $1.5 million through Trustmark National Bank. The loan matures July 5, 2016.
18. Grants Buy Lots in Kensington PD
- Wednesday, July 13, 2011
Three companies related to the Grant family of homebuilders have bought the remaining 105 lots in Arlington’s Kensington Planned Development for a combined $2.6 million from BancorpSouth Bank. Kensington was approved for 109 lots on 45.4 acres.
19. Wal-Mart CEO Pushes Plan to Keep Retailer Growing
- Monday, June 06, 2011
FAYETTEVILLE, Ark. (AP) – Wal-Mart Stores Inc. unveiled a $15 billion share buyback program Friday as it hammered home its message to shareholders at its annual meeting that the world's largest retailer will keep growing.
20. Black Equip. Supply Grows Memphis Presence
- Friday, April 08, 2011
Black Equipment Supply is relocating its Memphis presence to a space that nearly doubles the size of the firm’s former location.
The company will vacate its 14,000-square-foot space off Cherry Road and has signed a 25,372-square-foot lease at Shelby Air Park, 4570 Shelby Air Drive, suite 8.
21. Glencore Grain Buys Mendenhall Warehouse
- Tuesday, April 05, 2011
4834 S. Mendenhall Road
Memphis, TN 38118
Sale Amount: $6 Million
Sale Date: March 25, 2011
Buyer: Glencore Grain USA LLC
Seller: ProLogis NA2 Tennessee LLC
22. Companies Sell Lots in Arlington Subdivision
- Monday, April 04, 2011
Two related companies – West TN Land Co. GP and Chamberlain & McCreery Inc. – have sold 104 lots in Arlington’s Kensington Planned Development to BancorpSouth Bank for $1.4 million.
23. Staples to Build First Memphis Location
- Friday, February 25, 2011
The world’s largest office products company will soon enter the Memphis market.
Framingham, Mass.-based Staples Inc. has signed a 17,945-square-foot lease at Ridgeway Trace, the shopping center at Poplar Avenue and Interstate 240 developed by Houston-based Weingarten Realty Investors.
24. Builders Struggle to Turn ‘Lookers’ Into Buyers
- Thursday, February 24, 2011
While Shelby County builders filed just 24 permits last month – a 41.5 percent decrease from 41 permits in January 2010 – industry professionals are confident the numbers will be corrected by the close of the first quarter as the weather improves.
25. Louis Dreyfus Buys Kentucky Drive Warehouse
- Tuesday, January 25, 2011
2514 Kentucky Drive
Memphis, TN 38106
Sale Amount: $2.4 million
Sale Date: Dec. 28, 2010
Buyer: Louis Dreyfus Commodities Memphis Warehousing LLC
Seller: Westside Compress Co. Inc.
26. Cordova Shopping Center Sells for $1.8 Million
- Friday, January 21, 2011
Old Forest Properties GP has sold a strip shopping center at 8195 Dexter Road to 8195 Dexter Road LLC for $1.8 million. The sale document states it is a non-merger deed in lieu of foreclosure.
27. Houston Levee Strip Center Sells for $1.1 Million
- Monday, January 17, 2011
Farhad Montomedi has bought a strip shopping center in Cordova from Chamberlain, McCreery & Rice GP for $1.1 million.
The property includes a one-story, 9,936-square-foot center built in 2007 sitting on 0.9 acres. The Shelby County Assessor of Property’s 2010 appraisal was $1.1 million. The purchase also included a 0.4-acre parcel of vacant land on Breezy Valley Drive. That parcel’s 2010 appraisal was $171,200.
28. Timmons Finds Ways to Serve at Frase Protection
- Thursday, December 30, 2010
Michael Timmons grew up on a farm in rural Illinois.
While still in high school, he committed to enlist in the U.S. Army.
29. Gubernatorial Candidates Campaign Locally
- Wednesday, March 17, 2010
Three of the contenders for Tennessee governor – one Democrat and two Republicans – were in Shelby County at the same time this week.
Democrat Kim McMillan of Clarksville and Republicans Zach Wamp of Chattanooga and Bill Haslam of Knoxville had full schedules of public and private meetings with supporters, business leaders and undecided potential voters in the August statewide primaries.
30. Q4 Permits Show Improvements
- Wednesday, January 13, 2010
A familiar trend in the housing industry played out during fourth quarter 2009. Like what happened with home sales and mortgages, building permits enjoyed a rare improvement as the year drew to a close.
31. Byrnes to Take MAHBA Reins
- Thursday, December 24, 2009
Tommy Byrnes of Byrnes Ostner Investments Inc. will serve as 2010 president of the Memphis Area Home Builders Association, the group’s executive director, Don Glays, said this week.
32. Bank Reclaims 38 Lots From Builder in Bartlett
- Thursday, December 17, 2009
Merchants & Farmers Bank bought back 28 lots in the Hampton Grove Planned Development and 10 lots in Hampton Grove North Planned Development in Bartlett for a combined $1.1 million after foreclosing on the property that had been owned by Chamberlain & McCreery Inc.
33. Residential Building Heats Up in November
- Friday, December 11, 2009
Arlington is back in the news, although this time it has nothing to do with Mayor Russell Wiseman posting remarks on his Facebook page about President Obama and “A Charlie Brown Christmas” television special.
34. Homebuilders Work Toward Much Greener Mentality
- Tuesday, October 20, 2009
A Memphis company last week forged an important milestone for the sustainable building movement when the National Association of Home Builders certified the 500th home in the U.S. through the organization’s National Green Building Program.
35. Dollar General Coming To James Road in Raleigh
- Tuesday, September 29, 2009
3609 James Road
Memphis, TN 38128
Permit Amount: $497,000
Project Cost: $497,000
Permit Date: Applied September 2009
Owner: SW Properties LLC
Tenant: Dollar General Corp.
Contractor: SW Properties LLC
36. Waddells Buy Ashley Manor Condominiums
- Tuesday, September 22, 2009
John and Nancy Waddell have bought the two-building, 16-unit Ashley Manor condominiums at 129 and 137 N. Belvedere St. in Midtown for $1.6 million from Chamberlain, McCreery and Rice GP. The sale closed Sept. 4.
37. Louisiana Investor Buys Arlington Retail Center
- Tuesday, September 15, 2009
6050 Air Line Road
Arlington, TN 38002
Sale Amount: $1.8 Million
Sale Date: Sept. 2, 2009
Buyer: Southeast Investments LLC
Seller: Pleasant Place LLC, Waymon H. Welch, Danya Welch, Dawn Welch, Jon E. McCreery, Phillip Chamberlain
38. Arlington Center Sells for $1.8 Million
- Wednesday, September 09, 2009
Southeast Investments LLC of Slidell, La., has bought a 23,952-square-foot retail center at 6050 Air Line Road in Arlington for $1.8 million in a deed in lieu of foreclosure. The sellers were Pleasant Place LLC, Waymon H. Welch, Danya Welch, Dawn Welch, Jon E. McCreery and Phillip Chamberlain. The sale closed Sept. 2.
39. Vesta Home Show to Kick Off in Arlington Today
- Wednesday, May 20, 2009
This year’s Vesta Home Show will achieve a couple of “firsts” – the first show in Arlington and the first to feature all “green” homes.
The eight-home show, set for the fall, kicks off today with a groundbreaking ceremony at 10 a.m. at the Villages of White Oak, a $24 million, 326-acre, 700-home development just north of Interstate 40 near the Shelby-Fayette county line.
40. Work Begins on Habitat’s Green Neighborhood
- Tuesday, May 19, 2009
Trinity Park, the first all-green neighborhood being developed by Habitat for Humanity of Greater Memphis, reached an important milestone last week when crews began site work on the project.
After years of fundraising – and those efforts are still under way – the $3.1 million, 38-home neighborhood will begin taking form on 8.6 acres at Winchester and Tchulahoma roads in Oakhaven near Memphis International Airport.
41. Modular Energy Plant To Be Installed at Le Bonheur
- Tuesday, April 21, 2009
905 Poplar Ave.
Memphis, TN 38105
Permit Amount: $13.6 Million
Project Cost: $327 million
Permit Date: Applied April 2009
Owner: Methodist Le Bonheur Healthcare
Tenant: Methodist Le Bonheur Healthcare
Contractor: Skanska USA
Architect: FKP Architects
42. Owner Files $1M Loan For Parktown Place
- Monday, April 20, 2009
Dogwood Properties, the owner of the eight-unit multifamily complex in Midtown called Parktown Place, has refinanced the property with a $1 million loan through BankPlus. The company’s principal is Jon McCreery, who said this transaction was a move from a construction loan to a longer-term, permanent loan on the property. The loan was dated March 30 with a maturity date of March 30, 2014.
43. Perennial Building Files Loan for Seven Lots
- Friday, April 17, 2009
Perennial Building Group LLC, whose principal is David Miller, has filed a $1.3 million loan through Renasant Bank for seven lots – three in the Harrells Ridge Subdivision in Arlington and four in the Mount Pisgah Planned Development in Cordova. The April 14 loan has a maturity date of April 15, 2011.
44. Q1 Data: All Quiet on the Homebuilding Front
- Wednesday, April 15, 2009
When an industry slows down dramatically, it’s often said its business comes to a screeching halt. The demise of local homebuilding can’t exactly be summed up that way because it implies some kind of sound is being generated.
45. Latest Numbers Paint Dreary Homebuilding Picture
- Friday, November 14, 2008
The homebuilding industry suffered another period of slower sales and fewer starts in October, signaling a continued crisis in the housing market.
Shelby County saw just 61 home sales by builders last month, a staggering 61.6 percent decline from the 159 homes sold in October 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. Last month’s total even marked a 53.1 percent dropoff from the 130 homes builders sold in September.
46. Memphis Sash and Door Files $100K in Liens
- Wednesday, October 08, 2008
Memphis Sash and Door has filed 13 liens totaling $69,033 against builder Chamberlain & McCreery Inc. and six liens totaling $36,021 against builder Oaktree Homes LLC. The liens are for labor and materials provided that the claimant says remain unpaid by the builders.
47. 12 Foreclosure Notices Filed Against Chamberlain & McCreery
- Friday, July 25, 2008
Twelve foreclosure notices have been filed against local developer Chamberlain and McCreery Inc. for defaulting on loan payments. The first-run foreclosure notices appear starting on Page 26 of today’s Daily News.
48. Boost at the Base
- Tuesday, July 01, 2008
Chamberlain and McCreery Inc. has landed a $12 million contract with Cleveland-based Forest City Enterprises Inc. to build 73 homes at the Naval Support Activity Mid-South base in Millington.
The homebuilding company recently began work on the homes and is slated to complete the project by September 2009, said company executive Phil Chamberlain.
49. Sales Drop 50% Despite Builders’ Best Efforts
- Tuesday, June 17, 2008
Green building isn’t an instant salve for the ailing real estate market, but some local builders are moving in that direction as they continue to cope with slumping home sales.
Phil Chamberlain of Chamberlain & McCreery Inc. recently earned the Certified Green Professional (CGP) designation from the National Association of Home Builders, which he hopes will provide another viable option for prospective buyers in these difficult times.
50. Miller Brings Five Homes To Harrells Ridge
- Friday, May 23, 2008
David Miller LLC has filed a $1.2 million construction loan through Regions Bank to build homes on five lots in the Harrells Ridge Subdivision in Arlington.
The 122-lot subdivision, on roughly 66 acres bounded by Interstate 40 to the south and Harrell Road to the north, is nearing the halfway point with 52 homeowners living there and dozens more houses under construction.
51. Banks Maintain County Home Sales Lead
- Wednesday, May 21, 2008
A familiar trend continued in April as banks and trust companies again dominated the list of Shelby County’s top residential sellers while homebuilders lagged behind.
Deutsche Bank National Trust Co. remained the No. 1 seller of residential properties in terms of both number of sales and total dollar amount for the county. The company sold 72 residential properties averaging $62,190 per sale for a total of $4.5 million, according to the latest Top Sellers report from real estate information company Chandler Reports, www.chandlerreports.com.
52. Jo-Ann Fabric, Dollar Tree Coming to Centennial Commons
- Tuesday, April 29, 2008
7746 and 7686 Polo Grounds Blvd.
Memphis, TN 38125
Permit Amounts: $1.1 Million and $360,000
Project Cost: $1.5 million
Permit Date: Applied April 2008
Owner: Michael Lightman Realty Co.
Tenants: Jo-Ann Fabric and Craft Stores and Dollar Tree Stores Inc.
Contractor: Linkous Construction Co. Inc.
Details: Michael Lightman Realty Co. has filed two more permits for construction on the 250,000-square-foot Centennial Commons shopping center on Polo Grounds Boulevard., north of Winchester Road, east of Tenn. 385 and south of Callis Cutoff Road. Lightman will build stores for Jo-Ann Fabric and Craft Stores and Dollar Tree Stores Inc., with construction beginning in the next two weeks and finishing later in the year, said Michael Lightman Jr. Those two retailers will join JCPenney and Dick’s Sporting Goods; construction already has begun on those stores.
Lightman said the shopping center has room for more tenants, but he will wait for users and build stores to suit. He is targeting additional retail shops for the remaining space, looking for holes in the busy 385/Winchester/Hacks Cross area. “We’re trying to meet all needs,” he said. “It’s going to be very nice.”
Lightman said Centennial Commons’ first openings should occur in October. “JCPenney will be open sooner, but they’re a little bit ahead of everybody else,” Lightman said. Centennial Commons is part of the 300-acre Centennial Park project, which Michael Lightman Realty Co. has been developing for a decade. Centennial Park includes retail stores, medical offices, restaurants, a hotel and apartments.
53. Miller Files $3.1M LoansFor Homes on Arlington Lots
- Thursday, April 24, 2008
David Miller LLC has filed a pair of construction loans to build homes on 21 lots in the Harrells Ridge subdivision in Arlington, a 122-lot development on roughly 66 acres bounded by Interstate 40 to the south and Harrel
54. CM&R Hit By Foreclosure Notices
- Monday, April 14, 2008
Cadence Bank NA has filed seven notices of foreclosure against Chamberlain, McCreery & Rice LLC, the company formed by a trio of longtime developers and builders – Phil Chamberlain, Jon McCreery and Hank Rice.
55. Bottoming Out
- Monday, April 14, 2008
Reducing starts and shedding inventory continued to be the overriding theme for homebuilders as 2008 began, and it manifested in the shrinking number of building permits filed during first quarter.
56. White Oak's Developers To Showcase New Homes
- Tuesday, April 01, 2008
The Villages at White Oak in Arlington is unveiling five model homes to give visitors to Shelby County's newest subdivision something to see and feel.
Scheduled for later this month, the open house marks a major milestone for the $24 million, 326-acre, 700-home development just north of Interstate 40 near the Shelby-Fayette county line, said White Oak development coordinator Tommy White.
57. Numbers Show Homebuilding Nightmare in Shelby
- Thursday, March 13, 2008
Connie Neal likens her homebuilding company to a fairytale. At a time when builders' woes are splashed prominently in headlines each day, the activity at Affinity Homes LLC plugs along.
Neal, who owns the Cordova-based company with her husband, Jimmy, said Affinity has even hired new employees while many homebuilders slash payroll or close shop altogether.
58. Steady Sales Volume Good News for Commercial Real Estate
- Friday, February 29, 2008
A handful of high-dollar deals highlighted Shelby County's commercial real estate sales landscape in January, helping 2008 begin on a positive note with a total sales volume of $137.4 million.
Topping the list of commercial sellers for the month was Fair Oak LLC, which sold two multifamily properties for a combined $17.7 million. It marked the top total dollar amount for any one seller during January, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.
59. Deutsche Bank HeadsJanuary Seller List
- Thursday, February 28, 2008
Deutsche Bank National Trust Co. - a division of Frankfurt, Germany-based Deutsche Bank AG - was Shelby County's top residential home seller for January in terms of dollar amount, according to the latest data from real e
60. Builders' January SalesFall Short of 2007
- Wednesday, February 27, 2008
Residential building in Shelby County for January dropped by 13.6 percent from last year's mark. Sales by builders totaled 95 for the month, down from the 110 homes sold by builders in January 2007, according to the late
61. Banks, Trust Cos. Top Shelby Home Sellers
- Friday, February 22, 2008
Of all the residential real estate storylines from the past year, perhaps the most intriguing was how trust companies and banks - not builders - wound up being the top home sellers in Shelby County.
62. Richwell Furniture Direct Building Near Wolfchase to be Subdivided
- Tuesday, January 29, 2008
7859 U.S. 64
Memphis, TN 38133
Sale Amount: $2.5 million
Sale Date: Jan. 7, 2008
Buyer: CM&W GP
63. Numbers Confirm That '07 Construction Went From High-Octane to Running on Fumes
- Monday, December 17, 2007
As president of one of Memphis' largest homebuilders and a 35-year industry veteran, Jerry Gillis of FaxonGillis Homes had no trouble summing up construction activity during the past year: "It started out with a bang and ended with a whimper." Indeed it did.
64. Builder Launches New Product Despite Housing Downturn
- Monday, December 03, 2007
The best companies - those that not only survive, but thrive - are the ones that adapt to changing times and changing marketplaces.
And since probably no other industry has experienced as much turmoil in 2007 as residential housing with sagging home sales and waning consumer confidence, being flexible in the homebuilding business is more critical than ever.
65. Archived Article
- Tuesday, November 06, 2007
2855 N. Houston Levee Road
Cordova, TN 38016
Sale Amount: $4.6 million
Sale Date: Oct. 23, 2007
Buyer: JF Storage Holding LLC
66. County CommissionDiscusses Bus Retrofitting
- Monday, October 22, 2007
The Shelby County Board of Commissioners today will discuss a resolution for the retrofitting of Shelby County Schools buses to help reduce transportation-based air pollution emissions.
67. Nothing to Sugarcoat
- Thursday, October 11, 2007
For anyone wondering where all the home builders have gone, just take a drive into Fayette or DeSoto counties and look for the brightly colored flags touting new subdivisions.
As those neighboring communities continue to boom, they also continue to take a toll on residential housing in Shelby County, which suffered another drastic dropoff in third quarter 2007.
68. FaxonGillis Buys 27 LotsIn Arlington Community
- Wednesday, October 10, 2007
White Oak General Partnership sold 27 lots in The Villages at Whiteoak for $1.4 million to FaxonGillis Homes Inc. on Sept. 21. The lots comprise phase one of the project, which is slated for completion by early 2009.
69. Archived Article
- Tuesday, August 21, 2007
1700, 1800 and 1820 N. Germantown Parkway
And 8110 Dexter Road
Sale Amount: $7 million
Sale Date: July 31, 2007
70. Despite Housing Downturn, Plans Unveiled for 600-lot Development in Arlington
- Tuesday, August 21, 2007
At a time when builders are scaling back nationally because of sagging home sales and the slowing economy, an ambitious subdivision in Arlington is about to take shape.
The $24 million, 326-acre Villages at White Oak is an expansive residential, retail and office development just north of Interstate 40 near the Shelby-Fayette county line.
71. Construction Begins On Upscale Arlington Shops
- Friday, August 17, 2007
Four developers who last year targeted some Arlington acreage for a shopping center have broken ground on the $1.4 million development, which will be called Twin Oaks.
Pleasant Place Par
72. Feeling the Pinch
- Wednesday, August 01, 2007
Editor's Note: This is the second in The Daily News' three-part series "Housing Hurdles," an examination of the slumping real estate market and what it means for Realtors, builders and homeowners.
73. Archived Article
- Tuesday, June 26, 2007
5539 Elvis Presley Blvd.
Memphis, TN 38116
Sale Amount: $3.1 million
Sale Date: June 8, 2007
Buyer: ArciTerra DG Memphis TN LLC
74. Apartment Conversion, New Condo Construction Planned for North Belvedere
- Tuesday, June 26, 2007
Ashley Manor Condo Conversion at
129 and 137 N. Belvedere Blvd.
Sale Amount: $695,000
Sale Date: May 31, 2007
75. Message is Clear: Buy Houses Now
- Tuesday, June 26, 2007
"Buy Now." The message is simple, succinct and straight to the point.
And its messenger hopes those two little words will inspire anyone considering a home purchase to follow through.
The Memphis Area Home Builders Association (MAHBA) launched its "Buy Now" campaign earlier this month with hopes of generating new interest in home buying, which has slumped of late nationwide, even in Shelby County.
76. Archived Article
- Tuesday, May 29, 2007
15 buildings in
Bartlett Industrial Park
Sale Amounts: $20.7 million; $9.4 million; $2.9 million; $1.5 million; and $1.2 million
Sale Date: May 17, 2007
77. Chamberlain, McCreery & RiceBuys Retail Lots in Millington
- Thursday, May 24, 2007
Chamberlain, McCreery & Rice LLC has bought two lots in Millington's Flag City Commercial Subdivision for $1.4 million from Wilkinsville Partners LLC.
The two vacant lots in Flag City Co
78. Construction Begins In Arlington's Harrells Ridge
- Monday, April 23, 2007
Construction has started in one of Arlington's latest residential developments, with the first homes slated for completion by mid-summer.
The subdivision is Harrells Ridge, a 122-lot dev
79. End of the 'Flywheel Effect'
- Wednesday, April 11, 2007
First-quarter residential building permits in Shelby County tumbled for the second consecutive year, according to Chandler Reports, www.chandlerreports.com.
In the first quarter of 2007, 720 residential permits were filed. That's down 20 percent from the 901 filed in first quarter 2006, which is down 24.1 percent from the 1,187 filed in first quarter 2005.
80. Archived Article
- Tuesday, March 27, 2007
26 buildings in
Nonconnah Corporate Park
Sale Amounts: $30.6 million; $8.3 million
Sale Date: Feb. 22, 2007
81. Development Set to Begin On Rolling Meadows Phase Two
- Tuesday, March 13, 2007
Phase two of
Loan Amount: $4.4 million
Loan Date: Feb. 23, 2007
Maturity Date: August 2008
82. Building Material Costs Appear To Be Leveling Off Post-Katrina, Rita
- Tuesday, March 13, 2007
It's easy to see how nearby natural disasters affect the cost and availability of construction materials. When Hurricane Katrina ravaged the Gulf Coast in 2005, it created a clear demand for supplies such as lumber and forced builders to pay a higher premium for them.
83. Development Under WayOn 222-Lot Collierville Subdivision
- Tuesday, March 06, 2007
A 222-lot residential subdivision called Rolling Meadows is being built on Sycamore Road in Collierville.
The land is about 116 acres and is divided into three phases. The first phase, c
84. EcoBUILD Home Standards Prove Energy Efficient
- Monday, February 26, 2007
Now that the program's first study has been completed, Memphis Light, Gas & Water's EcoBUILD new homes program has exceeded the utility's own expectations.
A study completed in mid-December showed that houses built according to EcoBUILD standards consumed 34 percent less electricity and 56 percent less natural gas in one year than other homes.
85. The Slowdown Lowdown
- Thursday, December 21, 2006
People who used the phrase "safe as houses" to sum up the residential construction market in Shelby County from late 2004 to late 2005 might seek less exemplary terms to describe the slowdown during that period.
86. Archived Article
- Tuesday, December 12, 2006
Properties in Collierville, Memphis,
Jackson, Tenn., and Southaven
Loan Amount: $9.3 million
Loan Date: Nov. 30, 2006
87. Braverman Joins The West Clinic
- Wednesday, December 06, 2006
Dr. Aliza Braverman has joined The West Clinic as a rheumatology specialist. She is the first rheumatologist to join the team.
Mike Jackson has been named president and CEO of Memphis-based Verso Paper Holdings LLC. He succeeds LH Puckett, who is retiring but will remain a member of the board of directors. Jackson previously served as a senior vice president at Weyerhaeuser Co. in Federal Way, Wash. He was with the company for 29 years.
88. City Commons, Butler Condos Add To Downtown Housing Mix
- Tuesday, November 21, 2006
Loan Amount: $1.1 million
Loan Date: Nov. 8, 2006
Maturity Date: n/a
89. Chamberlain & McCreery Tackles New Commercial, Residential Projects
- Tuesday, November 14, 2006
7.34 acres on Airline Road
Sale Amount: $1.6 million
Sale Date: Oct. 24, 2006
Buyer: Pleasant Place LLC
90. Mark Matthews DevelopmentBuys Brookemeade Property
- Monday, November 13, 2006
Mark Matthews Development LLC has bought 25 lots in Brookemeade Planned Development in Bartlett from Chamberlain and McCreery Inc. for $1.4 million, financing the purchase with six loans totaling more than $1 million.
91. Chen Real EstateBuys Houston Levee Property
- Thursday, October 12, 2006
Chen Real Estate LLC has bought a 22, 212-square-foot building on 1.9 acres from Chamberlain, McCreery and Rice GP. The sale was financed with a $2.2 million mortgage through LaSalle Bank National Association. The buildi
92. Archived Article
- Tuesday, October 10, 2006
One lot in
I-40 Business Center
Loan Amount: $4.5 million
Loan Date: Sept. 28, 2006
Maturity Date: March 28, 2008
93. Despite Crowded Market, Builders Optimistic About New C'ville Subdivision
- Tuesday, September 26, 2006
Does Collierville really need yet another residential development?
Tim Wilson is betting the answer is yes.
Wilson is the president of the residential division of Cordova building and development company Chamberlain & McCreery Inc., which is set to start the first phase of a 116-lot development in Collierville near the beginning of October.
94. Organizers Push Vested Interest in Vesta Home Show
- Tuesday, September 19, 2006
The Vesta Home Show's love affair with Fayette County continues.
For the second year in a row, the Memphis Area Home Builder's Association's Fall Vesta Home Show will take place in the rural county just east of Memphis, from Sept. 30 to Oct. 15 in The Cloisters of Hickory Withe subdivision off of Tenn. 196, which crosses U.S. 64.
95. Delta Diamond Continues to Polish its Gem
- Tuesday, September 12, 2006
72.03 acres in
Loan Amount: $1.7 million
Loan Date: Aug. 15, 2006
Maturity Date: Aug. 15, 2007
96. Ultimate Garage Solutions Teams Up With Building Company to Enhance Homes
- Monday, September 11, 2006
John Bunt estimates that about 75 percent of the customers of Ultimate Garage Solutions (UGS) have not parked in their garages for years.
Bunt is vice-president of UGS, a locally owned, Memphis-based provider of storage systems and flooring for residential garages.
97. Arlington Acreage SlatedFor New Subdivision
- Friday, September 01, 2006
White Oak General Partnership has bought 41 acres near Harrell Road and Chester Street in Arlington from Canale Properties LLC for $820,400. The partnership also has filed a $3.6 million development mortgage through Inde
98. Chamberlain and McCreeryBuys Hampton Grove Lots
- Friday, August 25, 2006
Chamberlain and McCreery Inc. has bought 41 lots in Hampton Grove Planned Development and 13 lots in Hampton Grove North Planned Development from CMH Farms LLC for $3.2 million. The purchase was financed by a $3.3 millio
99. Wolf River CommonsSells for $4.7 Million
- Thursday, August 10, 2006
Z Wolf River LLC has bought Wolf River Commons shopping center at 420 S. Germantown Parkway from Chamberlain, McCreery & Rice GP for $4.7 million. The one-story, 20,842-square-foot center was built in 2003 on the east si
100. Archived Article
- Tuesday, August 08, 2006
7761 U.S. 64
Memphis, TN 38133
Sale Amount: $17 million
Sale Date: July 7, 2006
Buyer: TENN CMX Owner LLC