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Editorial Results (free)

1. Hotel REIT Transfers 3 Germantown Properties -

7750 Wolf River Parkway Germantown, TN 38138
9314 Poplar Pike Germantown, TN 38138
9320 Poplar Pike Germantown, TN 38138

2. Raines Road Apartment Owner Files $2.7 Million Loan -

The owner of the 80-unit apartment complex at 1938 E. Raines Road in Whitehaven has filed a $2.7 million construction loan on the property.

3. Whitehaven View Apartments Sell for $1.6 Million -

Saddle Vineyards LP has paid $1.6 million for the 128-unit Whitehaven View apartment complex at 1594 E. Holmes Road.

4. CBRE Memphis Sells $8.7 Million in Apartment Properties -

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ Multifamily Division have sold six apartment communities totaling 693 units and $8.7 million in the past two weeks.

5. CBRE Memphis Sells $8.7 Million in Apartment Properties -

Tommy Bronson III and Blake Pera with CB Richard Ellis Memphis’ Multifamily Division have sold six apartment communities totaling 693 units and $8.7 million in the past two weeks.

6. Shelby Drive Apartments Sell for $1.4 Million -

1500 E. Shelby Drive
Memphis, TN 38116
Sale Amount: $1.4 million

Sale Date: Feb. 25, 2011
Buyer: Saddle Vineyards LP
Seller: Everbank
Loan Amount: $2.5 million
Loan Date: Feb. 28, 2011
Maturity Date: March 10, 2016
Lender: Triumph Bank

7. Saddle Vineyards Buys Shelby Drive Apartments -

Memphis-based Saddle Vineyards LP has bought a 124-unit apartment complex at 1500 E. Shelby Drive from Everbank for $1.4 million.

8. Galloway Gardens Apartments Sells for $1.1 Million -

1565 Galloway Ave.
Memphis, TN 38112
Sale Amount: $1.1 Million

Sale Date: Aug. 27, 2010
Buyer: Galloway Gardens LLC
Seller: Steve Benetti and Virginia Benetti
Loan Amounts: $200,000; $200,000; $916,937 (assumption)
Loan Date: Aug. 27, 2010
Maturity Dates: Aug. 27, 2011 ($200,000); Sept. 15, 2015 ($200,000); Sept. 10, 2013 ($916,937)
Lender: Regions Bank

9. Winchester Road Apts. Financed for $1.2 Million -

An apartment complex on Winchester Road that was sold at a June foreclosure sale has been financed for $1.2 million.

Saddle Vineyards LP financed the property at 3752 Winchester Road through Triumph Bank.

10. Saddle Vineyards Apts. Face Foreclosure -

A first-run foreclosure notice appears on Page 34 for the Saddle Vineyards Apartments at 3752 Winchester Road.

11. Former Getwell Gardens Gets Another Facelift -

3752 Winchester Road
Memphis, TN 38118
Loan Amount: $2.4 million

Loan Date: Sept. 14, 2006

Maturity Date: n/a