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Editorial Results (free)

1. City Blight Effort Faulted in Audit -

Memphis Mayor A C Wharton Jr. came up with the anti-blight initiative 25 Square specifically to attack overgrown lots in a systematic and targeted approach.

But the city’s internal auditors concluded in a report released this week that city leaders of the “grass mitigation” program didn’t use a “targeted approach” at all.

2. City Sprouts -

The vacant homes and lots on Jennette Place near Walker Avenue and Mississippi Boulevard in South Memphis began germinating like an urban form of kudzu. They appeared like an invasive species in this proud neighborhood, spreading quickly, choking the life from viable properties and growing into a scourge that at one point seemed impossible to eradicate.

3. Council Hears More on Police and Fire Budget Decisions -

Memphis City Council member got deeper Tuesday, Feb. 4, into the specifics of Memphis Police and Fire Department budget decisions.

But they didn’t get a clearer picture of what the direction forward will be as they and Memphis Mayor A C Wharton Jr. prepare to make some hard decisions about public safety in dealing with the city’s unfunded pension liability.

4. Council to Get Updates on City Expense Cuts -

Memphis City Council members get a closer look Tuesday, Jan. 21, at some ways the city can reallocate $80 million over the next five fiscal years to begin paying $100 million annually toward an unfunded pension liability the city estimates is at $709 million.

5. Council to Get Updates on City Expense Cuts -

Memphis City Council members get a closer look Tuesday, Jan. 21, at some ways the city can reallocate $80 million over the next five fiscal years to begin paying $100 million annually toward an unfunded pension liability the city estimates is at $709 million.

6. Shankman-Cohn to Lead Interior Design Coalition -

Leslie Shankman-Cohn has been elected the 2014 president of the Tennessee Interior Design Coalition, a statewide coalition committed, through legislative and regulatory endeavors, to enhance and protect the right to practice interior design. Shankman-Cohn is a partner in Jill Hertz Interior Design, a division of Eclectic Interiors. She specializes in custom-designed furniture, space planning, furnishings and finishes specifications, universal design, Aging in Style and sustainable design issues.

7. Square Roots -

Breakaway Running owner Barry Roberson was blown away by the crowds who visited his new Overton Square store, which opened Oct. 30.

8. French Quarter Deal Collapses -

A Texas-based group had inked a deal to purchase the long-vacant French Quarter Suites Hotel near Overton Square, but the proposed sale fell through the cracks.

Austin, Texas-based ASC Management had until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but did not complete the sale.

9. French Quarter Suites Deal Hangs in Balance -

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but has not yet done so, according to one of the property’s current owners.

10. French Quarter Deal Hangs in Balance -

A planned deal to redevelop the long-vacant French Quarter Suites Hotel near Overton Square is nearing a critical deadline.

Austin, Texas-based ASC Management has until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison and Cooper Avenues but has not yet done so, according to one of the property’s current owners.

11. Chasing Growth -

The pressure to show investors growth and a return is one of the most basic realities of operating as a public company.

And the three Memphis-based companies on this year’s Fortune 500 list are pressing forward on their own distinct paths toward satisfying that pressure.

12. Overton Square Gets New Signage, Website -

Loeb Properties Inc. is introducing a new branding campaign for Overton Square that pays tribute to the district’s storied past while including a more modern approach.

13. Overton Square Gets New Signage, Website -

Loeb Properties Inc. is introducing a new branding campaign for Overton Square that pays tribute to the district’s storied past while including a more modern approach.

14. Overton Square Garage Opens -

Visitors to Overton Square know that parking has been at a premium recently, with side streets around the entertainment district filling up as quickly as the restaurants and shops there.

Parking at Overton Square should get much easier with the opening of its 451-space parking garage at the northeast corner of Monroe Avenue and Florence Street. The city-owned garage opened this weekend, and parking is free for the rest of October.

15. Aerotropolis Manager Bowman Completes Delta Leadership Program -

Chad Bowman, aerotropolis project manager for the Memphis and Shelby County Division of Planning and Development, has graduated from the Delta Leadership Institute Executive Academy, a yearlong Delta Regional Authority program designed to foster collaborative initiatives across the Delta region.

16. James Lee House Owner Files Construction Loan -

690 Adams Ave.
Memphis, TN 38105
Loan Amount: $1 million

Loan Date: June 4, 2013

Maturity Date: June 4, 2019

17. Virginia Company Buys Poplar Avenue Retail Property -

7665 Poplar Ave. Germantown, TN 38138

Sale Amount: $2.9 million

Sale Date: April 19, 2013

18. Kroger Plans $100 Million Overhaul of Stores -

The footprint of the city’s dominant grocery store will undergo a facelift worth tens of millions of dollars over the next five years.

Kroger’s Memphis-based Delta Division, which operates 115 Kroger grocery stores and 70 fuel centers in five states, is pumping $100 million into its portfolio.

19. Cypress Realty Pays $1.7 Million for Office Condos -

Memphis-based realty investment fund Cypress Realty Holdings has paid $1.7 million for a trio of office condominiums at 717 White Station Road.

20. Beale District Future Mapped Out in Report -

Whatever comes next for the Beale Street entertainment district, the city of Memphis isn’t likely to turn over the three blocks of real estate for several decades to a developer and the nonprofit middleman, Beale Street Development Corp.

21. Hagan Named President of Memphis Heritage Board -

Joey Hagan, principal of Architecture Inc., has been named the 2013-2014 board president for Memphis Heritage Inc. after being nominated and elected by the previous board. Hagan’s primary responsibilities as one of two principals at Architecture Inc. include running the organization, marketing, design and project management. As MHI president, he will strive to continue to make preservation of important properties a priority for Memphians.

22. Making an Impression -

The firm redeveloping Overton Square considers its task at hand to be playing to its Midtown audience – not only in building construction, but also in incorporating art.

Loeb Properties Inc. is investing more than $20 million to revive the once-booming arts and entertainment district of the 1970s and 1980s. That includes adding new tenants to expand Overton Square’s footprint, redesigning existing structures and building new ones, and implementing a dozen or so multimedia art projects throughout.

23. Green Line Marketing Doubles Office -

Green Line Marketing Group has outgrown its East Memphis office space due to its expanded staff and client roster.

The boutique agency has signed a 2,000-square-foot lease in Racquet Club Plaza, where it will relocate from its three 350-square-foot executive suites in Clark Tower by the end of the month.

24. Council Votes on Sales Tax Referendum -

Memphis City Council members take the first step toward a fall referendum on a citywide half percent sales tax hike Tuesday, Feb. 4, as they vote on the first of three readings of the referendum ordinance.

25. Gowen Named Marketing Head at Renshaw Property Management -

Kellyn Gowen has joined Renshaw Property Management as marketing coordinator. In her new role, Gowen manages social media, marketing and communications for the company’s 800 Mid-South rental properties, serves as a liaison for property owners and real estate agents, and spearheads marketing efforts for vacant properties.

26. Hillwood Partnership Buys Airways Distribution Center -

Dallas-based Hillwood Investment Properties, in a partnership with Toronto-based Brookfield Asset Management Inc. and the Hillwood-Brookfield Industrial Partners fund, acquired the 556,000-square-foot Airways Distribution Center Building D in the DeSoto County submarket.

27. Luttrell Preparing for County Tax Hike -

A county property tax hike is probably on the way, according to Shelby County Mayor Mark Luttrell.

28. Fairway Manor to Rise in Westwood -

An $8.5 million public housing project called Fairway Manor soon will break ground in Westwood’s 38109 ZIP code.

The facility at 12 W. Fairway Ave. will include a three-story senior living space and a seven-building townhouse apartment complex with clubhouse. The 110,000-square-foot project will contain 96 units between the two properties.

29. Capital Influx -

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.

30. Bar Louie Signs Deal at Overton Square -

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Bar Louie will occupy 5,650 square feet of the curved building at 2125 Madison Ave., on the southwest corner of Madison and Cooper Street. The store will be Bar Louie’s 11th franchised location and will be operated by Tony De Salvo and partners.

31. Loeb Inks Overton Square Deal With Bar Louie -

Bar Louie, an Addison, Texas-based neighborhood restaurant and bar franchise, is the latest retail tenant that has signed on for Overton Square.

Bar Louie will occupy 5,650 square feet of the curved building at 2125 Madison Ave., on the southwest corner of Madison and Cooper Street. The store will be Bar Louie’s 11th franchised location and will be operated by Tony De Salvo and partners.

32. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

33. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

34. Room Service -

The good news for the local hotel industry is that last year notched the most rooms ever sold on a daily basis with 4.8 million – 115,628 more than 2010 and 76,780 more than the previous high set in 2007.

35. French Quarter’s New Owners Meet With Residents -

Two new local owners are under contract to buy and convert the former French Quarter Suites Hotel in Midtown’s Overton Square district to a Comfort Suites in a $6 million project.

At a public meeting Wednesday, Feb. 1, at Memphis Heritage Inc.’s office, 2282 Madison Ave., partners Jay Kumar and Rishi Chopra revealed plans to purchase the vacant 103-room hotel at 2144 Madison Ave., at the northeast corner of Cooper Street and Madison from FQI LLC for $2.3 million and pump about $3.7 million into renovations.

36. Former French Quarter Hotel to Become Comfort Suites -

Two new local owners are under contract to convert the former French Quarter Suites Hotel in Midtown’s Overton Square district to a Comfort Suites in a $6 million project.

At a public meeting Wednesday, Feb. 1, at Memphis Heritage, 2282 Madison Ave., partners Jay Kumar and Rishi Chopra revealed their plans to purchase the vacant 103-room hotel at the northeast corner of Cooper Street and Madison Avenue from FQI LLC for $2.3 million and pump about $3.7 million into renovations.

37. Education Realty Trust Rebrands, Promotes Key Execs -

Memphis-based Education Realty Trust Inc. has had a busy few months, ending fourth-quarter 2011 with several new properties in hand and starting 2012 by turning over a new leaf entirely – to be more specific, a new name, a new logo, new positions for several key executives and a $28 million acquisition.

38. Ex-NFL Players Blame League for Brain Injuries -

ATLANTA (AP) – Jamal Lewis, Dorsey Levens and two other former NFL players have sued the league over brain injuries that they say left them struggling with medical problems years after their playing days ended.

39. Thomison Joins PGM/Trumbull -

Dr. John Thomison has joined Pathology Group of the Mid-South/Trumbull Labs LLC.

Hometown: Nashville

40. Overton Square Votes Dominate Meeting -

The Memphis City Council votes Tuesday, Dec. 20, on the redevelopment of Overton Square. At its last meeting of the year, the council will vote on a planned development for the south side of Madison Avenue at Cooper Street to be redeveloped by Loeb Properties Inc. The development includes a parking garage.

41. Depot Biz Park Changes Direction -

From Army supply base to base of operations, the new owners of the Memphis Depot Business Park hope to position their revitalized 260-acre site in South Memphis on real estate brokers’ radar screen as a solution for industrial needs.

42. Three-in-One -

Highwoods Properties Inc. is about two weeks away from completing more than $1 million in parking lot renovations and building improvements at the East Memphis office complex Triad Centre, bringing its three developments into a cohesive, campus-style environment.

43. Daily News Seminar to Focus on Green Issues -

In business these days, it’s all about the green. From economic development to real estate construction, public and private initiatives focusing on sustainability are reshaping the way business is conducted.

44. Obsidian PR Preps For South Main Move -

Obsidian Public Relations is relocating less than a mile from its current office, in efforts to establish a presence in the South Main Historic Arts District by having its own creative space that will allow plenty of room for growth.

45. Turley Joins Red Door As Director of Client Relations -

Gretchen Gassner Turley has joined Red Door Wealth Management as director of client relations, a newly created position.

Hometown: Memphis

Education: Bachelor of Arts in psychology, Rhodes College

46. Summit Touts Return of Demand -

“Demand is back” was the theme at the ninth annual Southern Lodging Summit held Downtown this week at The Peabody hotel and the Memphis Cook Convention Center.

Hoteliers and industry execs gathered for the 2011 Summit, which was organized by the Metropolitan Memphis Hotel & Lodging Association and hotel consulting firm Pinkowski & Co.

47. Nike Adds 400K Square Feet To Local Portfolio -

The world’s largest maker of athletic gear has signed a lease in Memphis’ Southeast industrial submarket to handle its newly acquired NFL contract.

Nike Inc. inked a 400,000-square-foot warehouse lease in Centerpointe Distribution Center No. 1, 3461 E. Raines Road. Built in 1994, the property, owned by San Francisco-based Prologis Inc., features 38 dock doors and an 11,687-square-foot office space component.

48. Murry-Drobot Joins Family Safety Center -

Olliette Murry-Drobot has joined the Family Safety Center of Memphis and Shelby County as executive director.

Hometown: West Memphis

Work Experience: Fourteen years in not-for-profit management, neighborhood revitalization, organizational development and social services delivery. Recently, I served as the executive director for the Southeast Memphis Community Development Corp. and as a lead consultant on community outreach efforts for The Center for Criminology and Research at the University of Memphis.

49. Two Memphis Malls Get New Leadership -

Oak Court Mall and Wolfchase Galleria have been assigned new general managers, Indianapolis-based Simon Property Group Inc. said Thursday.

50. NHOM Brings Housing Opportunities to Working Poor -

For more than two decades, Neighborhood Housing Opportunities Management Executive Director Howard Eddings and his team have worked to rebuild Memphis neighborhoods most plagued by urban decay, whose broken windows and overgrown lots have become familiar eyesores in the wake of the Great Recession.

51. ATTN: Mayor Wharton -

Memphians sound off on city’s most pressing needs.

Aaron Shafer
Founder of Skatelife Memphis; scientist at St. Jude Children’s Research Hosp.

Develop and promote a citywide mentoring campaign. We must heavily invest in the positive development of our children. Many of our Memphis children suffer not from a material poverty, but a poverty of healthy relationships and ultimately a poverty of possibility – of reaching their full potential. Each of us has had supportive network of mentors (“the village”) in our lives, be they our parents, teachers or friends, that have come along side of us to build our self-esteem and to help us navigate a path that moves us closer to realizing our potential.

52. Riley Poised to Lead MAAR Commercial Council in 2011 -

Ron Riley launched his sales career by selling copiers and printers at Xerox Corp. shortly after receiving his bachelor’s degree in business from the University of Memphis.

53. Foreclosure Class Actions Pile Up Against Banks -

NEW YORK (AP) – Foreclosure-fraud class action lawsuits are starting to pile up against major banks across the country, threatening a besieged industry with billions more in potential losses.

54. Kroger to Build Store In Poplar Plaza -

3444 Plaza Ave.
Memphis, TN 38111
Permit Amount: $10 Million

Project Cost: n/a
Permit Date: Applied September 2010
Completion: n/a
Owner: Kroger, Delta Division
Tenant: Kroger
Contractor: n/a
Architect: n/a

55. Bestselling Author Returns Home for MIG Appearances -

You would think a guy who goes on to become a multimillionaire, speak all over the world and write best-selling books would have been voted “most likely to succeed” in school.

In the case of Robert Shemin, author of “How Come that Idiot’s Rich and I’m Not?,” a New York Times’ bestseller, not exactly.

56. Lamar Crossing Slated for Auction Block -

More than three years after developers broke ground on Lamar Crossing, the end is finally in sight for the beleaguered apartment complex.

Arvest Bank of Oklahoma, the bank that reclaimed the property when it ran into financial problems, has commissioned Marcus & Millichap Real Estate Investment Services to hold an online auction for the 120-unit property.

57. Preserve at Southwind Sells for $19.9 Million -

The Preserve at Southwind was sold back to the lender Tuesday afternoon on the Shelby County Courthouse steps for $19.9 million.

After two planned foreclosure sales of the 306-unit apartment complex had been adjourned, Wells Fargo Bank NA – operating in the transaction as 7991 Capilano Drive Holdings LLC – reclaimed the property with no other bidders showing up for the auction.

58. WelshInvest Buys Two Sites in Airport Industrial Park -

Two limited liability companies affiliated with Minnesota-based WelshInvest have bought property in Airport Industrial Park from Principal Life Insurance Co. for $20.6 million.

59. UofM-Area Residents Work to Salvage 38111 -

For Tk Buchanan, community development specialist for the University of Memphis Center for Community Building and Neighborhood Action (CBANA), the 587 foreclosures last year in the 38111 ZIP code are more than a statistic.

60. Stratford Place Owner Files $1.4 Million Loan -

1806 and 2098 Poplar Ave.
Memphis, TN 38104
Loan Amount: $1.4 million

Loan Date: Jan. 26, 2010
Maturity Date: N/A
Borrower: Stratford Place LLC
Lender: Union Central Life Insurance Co.

61. Howard Named Prez-Elect Of Collegiate Registrars And Admissions Officers -

Kate Howard has been named president-elect of the Tennessee Association of Collegiate Registrars and Admissions Officers.

62. Rhea Receives WKNO’s Distinguished Service Award -

Stephen H. Rhea has received the Julian Bondurant Distinguished Service Award from WKNO Public Broadcasting.

Rhea is the WKNO Capital Campaign chair and led the campaign for the digital transition that brought in $16.9 million. The campaign enabled the station to build the Digital Media Center.

63. Latest Public Housing Options Unveiled at Levi Road -

Batsell Booker remembered the excitement he felt in 1972 when his family moved to public housing on Horn Lake Road in Southwest Memphis.

“They were the best thing I had ever seen. … You wouldn’t think that today,” he said. “But we had some great times.”

64. Exchange Club Family Center Names Ratcliff Marketing, Special Events Director -

Karen Ratcliff has joined the Exchange Club Family Center as director of marketing and special events.

65. 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.

66. Pera Appointed Special Adviser For ABA Strategic Communications Committee -

Lucian Pera of Adams and Reese LLP has been appointed as a special adviser of the American Bar Association’s Standing Committee on Strategic Communications for a one-year term.

67. Finch Appointed to Dean Position At UofM School of Nursing -

Dr. Linda Finch has been appointed associate dean and director of undergraduate programs for the Loewenberg School of Nursing at the University of Memphis. Finch was previously an associate professor on the nursing faculty. She has been named an American Nurses Foundation Scholar by the American Nurses Association and is an active member of Sigma Theta Tau International, the honor society for nursing. She also has served on the editorial board of “The Tennessee Nurse.”

68. Mixed-Use Development Slated For Southeast Shelby County -

50 acres at Forest Hill-Irene Road and Tenn. 385
Memphis, TN 38125
Sale Amount: $4 Million

Sale Date: June 26, 2009
Buyer: Edward Rose Development Co. LLC
Seller: Turley LP

69. City Launches Effort To Reopen Historic Homes -

Two of the most historic structures in the city shuttered several years ago because of budget cuts are one step closer to reopening.

The city of Memphis is looking for a private management entity to operate and market the Mallory-Neely House, a 25-room mansion at 625 Adams Ave. built in 1852, and the Magevney House, a small clapboard cottage at 198 Adams Ave. built in the 1830s.

70. Why the Struggle to Control Beale Street Continues -

Eight blocks lie between the Shelby County Courthouse and Beale Street.

The courthouse’s seated representations of wisdom, justice, liberty and authority look southward toward the entertainment district. Sometimes, if the wind is blowing in the right direction, you can hear the band in Handy Park from the courthouse steps.

71. Youth Villages Names Rutschman Director of Communications -

Echelle Lane Rutschman has been named director of communications at Youth Villages. Rutschman joins Youth Villages after 10 years serving as senior communications officer and system director of corporate communications at Baptist Memorial Health Care Corp.

72. UTHSC Professor Dagogo-Jack Appointed A.C. Mullins Chair -

Samuel Dagogo-Jack has been appointed to the A.C. Mullins chair in Translational Research, an endowed professorship, at the University of Tennessee Health Sciences Center. Dagogo-Jack has also been named chief of the Division of Endocrinology for the Department of Medicine in the College of Medicine.

73. Receiver Tapped To Oversee Beale Street Saga -

The new receiver for the Beale Street Entertainment District will oversee an entity with shifting alliances, more than two sides to every story and thousands of pages of records involving hundreds of thousands of dollars.

74. Best Lawyers to Honor Ogletree Deakins’ Lewis -

Best Lawyers in America will honor Fred Lewis of Ogletree, Deakins, Nash, Smoak & Stewart PC during its 25th anniversary event in Atlanta April 23-25.

75. Tougher Stance Toward Trespassers Makes Dent in Crime -

The Ridgeway Station of the Memphis Police Department recently was considered the most violent and crime-plagued precinct in Memphis. And as the police department began to look at crime by statistical standards, the area also stood out for the number of apartment complexes it had.

76. Real Estate Pioneer Trammell Crow Dies at 94 -

DALLAS (AP) - Trammell Crow, a one-time accountant with no real estate experience who built one of the largest real estate development companies in the nation, has died. He was 94.

Spokeswoman Cynthia Pharr Lee said Thursday that Crow died Wednesday at a family farm near Tyler in East Texas. The cause of death wasn't immediately released. In 2002, Crow's wife disclosed that the legendary developer suffered from Alzheimer's disease.

77. Boyle’s Halperin Receives Realtors Commercial Alliance Award -

Mark Halperin of Boyle Investment Co. has received the 2008 Realtors Commercial Alliance National Award from the Realtors Commercial Alliance.

78. Courtyard Hotel Construction Picks Up for ’09 Opening -

The area surrounding North Main Street and Jefferson Avenue just got busier as construction finally started on the eight-story, 131-room Courtyard by Marriott hotel at the intersection’s southwest corner, on the edge of historic Court Square.

79. Revid Property Management Has Growth on Mind During Tough Times -

Revid Property Management LLC acquired Midtown Property Management and Realty LLC in August, gaining about 400 new rental units and placing the company and its sister entities, Revid Realty LLC and Revid Design LLC, as one of the largest property management companies in Memphis.

80. THM to Build Nursing Facility Near Downtown -

1513 N. Second St.
Memphis, TN 38107
Permit Amount: $12.5 Million

Project Cost: $12.5 million
Permit Date: Applied September 2008
Completion: Winter 2009
Owner: Harbor View Properties Inc.
Tenant: Harbor View Properties Inc.
Contractor: Inman Construction Co.
Architect: Askew Nixon Ferguson Architects Inc.

81. Shuttered Motels Head to Court -

The owners of five Memphis motels that were closed last week as nuisances under Tennessee law are due in Shelby County Environmental Court today.

The closings by the Shelby County District Attorney General’s office and the Memphis Police Department Organized Crime Unit (OCU) are the latest in a prostitution crackdown called Operation Heartbreak Hotel. District Attorney General Bill Gibbons has urged the City Council to make it harder for the owners and others getting into the motel business to open their doors.

82. Downtown Market Study Mostly Favorable -

At more than 90 pages long, a new market study prepared by a pair of research firms provides a look at Downtown Memphis by the numbers.

In some respects, the numbers are encouraging, and the Center City Commission’s board of directors got their own look at the study last week.

83. 'Heartbreak Hotel' BusinessesDeclared Public Nuisances -      Two motels closed earlier this year in an undercover operation dubbed "Operation Heartbreak Hotel" have been declared public nuisances. A judge awarded all personal property to the state to be sold at auction.
 

84. Two Bellevue Blvd. Motels Declared Nuisances -

Two of the motels shut down six weeks ago as part of an undercover sting dubbed "Operation Heartbreak Hotel" may be allowed to open in the future, though they were declared to be public nuisances.

Trials for the owners of The Lamplighter Motor Inn at 667 S. Bellevue Blvd. and The Bellevue Inn at 1250 S. Bellevue began Thursday in General Sessions Court in Judge Larry Potter's courtroom.

85. Fed Chairman Promises to Help Distressed Homeowners -

WASHINGTON (AP) - Fighting to stem a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke pledged Friday to do all that is possible to help struggling homeowners.

The Fed is "strongly committed to fully employing our authority, expertise and resources to help alleviate their distress," Bernanke said in a speech to the National Community Reinvestment Coalition's annual meeting here.

86. Hickory Hill Residents Complain of Slow Storm Response -

There was no looting last week in Hickory Hill, the section of Southeast Memphis hit harder than any other place in the city by a swarm of tornadoes that devastated a five-state region. So said Memphis Police Director Larry Godwin at a weekend meeting with about 60 area residents. "There was none," he stressed.

87. Public Properties ManagementBuys E. Memphis Office Bldg. -      PPM XV LP has bought an office building at 5180 Park Ave. for $3.8 million from Milton Siskin Jr. and Gregory Siskin, both as trustees. The deal closed Dec. 31.
     The buyers took out a loa

88. Herrington Named Field Director at Shoemaker Financial -

Jason Herrington, a financial adviser at Shoemaker Financial, has been named a field director for the firm. He will have the responsibility of advising and mentoring new advisers during their two-year training period.

89. Dixon Gallery and Gardens Appoints Sharp as Director -

The Dixon Gallery and Gardens Board of Trustees has appointed Kevin Sharp as the museum's new director. Sharp received a bachelor's degree in art history from Central Missouri State University and completed graduate studies at the University of Illinois in art history and architecture. He previously served as the research curator for The Art Institute of Chicago and as the curator of American art at the Norton Museum of Art in West Palm Beach, Fla.

90. Program Puts Power in Hands of Apartment Managers, Owners -

With hopes of bringing the 10-year-old Drug Dealer Eviction Program back into the spotlight, Shelby County District Attorney General Bill Gibbons last week reminded apartment owners and managers about the program's existence.

91. Leadership Memphis Names Sessoms Board Chair -

Leadership Memphis has named Glenn Sessoms its board chair for 2007-2008. Sessoms is currently the vice president of the FedEx Memphis Hub Day Sort, where he manages 3,500 employees, four directors, 25 senior managers and 150 managers. He is a twice-decorated Five Star Award winner, the highest level of recognition at FedEx. Sessoms also is a 1997 graduate of the Leadership Memphis Executive Program.

92. Beale Street's Dreamer Looks To Other Adventures -

"The seven wonders of the world I've seen,

And many are the places I have been,

Take my advice, folks, and see Beale Street first."
- "Beale Street Blues," W.C. Handy

Concert posters, jackets worn and signed by music icons such as Garth Brooks and B.B. King and an entire wall of Ernest Withers photos greet visitors inside the office of Performa Entertainment Real Estate.
The company's Beale Street storefront is decked out with scores of other trinkets, including head sculptures of the four members of the rock group K.I.S.S.

93. UTHSC's Netland Honored by American Academy of Ophthalmology -

Dr. Peter A. Netland will receive the Senior Achievement Award from the American Academy of Ophthalmology at its annual conference this fall.

Netland, a Siegal Professor of Ophthalmology at the University of Tennessee Health Science Center (UTHSC), is the director of the Glaucoma Service and vice chair for academic affairs for the UTHSC Department of Ophthalmology. He is also the site leader in Memphis for the Congressional Glaucoma Caucus.

94. Archived Article -

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

95. Georgia-Based Developers Find Their Spot in Uptown -

Hurricane Katrina forced Verlyn and Harold Foley to leave their New Orleans home in 2005 and move to the Atlanta area.

But when the city of Memphis tried to file eminent domain rights on an Uptown property the husband and wife were eyeing for a multifamily building, this real estate development duo decided to stand their ground and fight.

96. Up, Up and Not Away -

Homeownership is supposed to be the American dream, but Steve Lockwood knows this isn't always the case - especially for those who seek counseling services at the Frayser Community Development Corp., where he serves as executive director.

97. MHA Cranks Up Redevelopment Efforts Citywide -

The Chicago neighborhood of Marty Boscaccy's youth was a vibrant place, where commercial and residential developments were interwoven.

"You'd go to a busy street and you'd have Rocky's drugstore on the corner, but there would be flats above it where people lived," he said. "They call that 'New Urbanism,' but it's actually the way cities all over the country were developed."

98. NNN Healthcare/Office REITBuys Lenox Office Park Building G -      NNN Healthcare/Office REIT Inc. announced on Monday the acquisition of Lenox Office Park Building G and two vacant parcels of land. The acquisition closed Friday.
     Lenox Park G is a four-

99. Archived Article -

3800-3810 Hacks Cross Road
Memphis, TN 38125
Sale Amount: $6.9 million

Sale Date: Jan. 24, 2007

100. Collaboration Between Hernando Officials and Developers Could Be First In Region, Nation -

HERNANDO - During the last decade, the 1,139 acres known as the Banks land just west of Hernando have been the focus of much debate.

The land, a mixture of rolling hills, open pasture and woodlands that begins near the historic square at Elm Street and Miss. 304 and continues north to Pine Tree Loop, begins the scenic highway that heads west.