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Editorial Results (free)

1. MED Files $1.3 Million Permit for Improvements -

877 Jefferson Ave. Memphis, TN 38104

Permit Cost: $1.3 million

Project Cost: TBA

2. Despite Slight Uptick, March Numbers Show Struggling Market -

Shelby County’s commercial real estate market is doing what it can to hold steady amid a crumbled economy.

March saw 53 CRE sales, a 4 percent increase from 51 sales in March 2009 and 61 percent increase from 33 in February, according to the latest information from real estate information company Chandler Reports, www.chandlerreports.com.

3. Philadelphia-Based Investor Buys Waterstone Landing Apartments -

The Memphis multifamily market remains attractive to Resource Real Estate Inc., which has bought its second apartment complex here.

4. Resource Real Estate Files Loan on Wyndridge -

Philadelphia-based Resource Real Estate Inc. has filed a $13 million trust deed through Varde Investment Partners LP for the Wyndridge Apartments in Hickory Hill North.

5. New Owner Hopes to Improve Apartment Complex -

Philadelphia-based Resource Real Estate Inc. has pulled the trigger on Shelby County’s third-largest commercial real estate deal of the year, paying $9.5 million for the Wyndridge Apartments in a special warranty deed.