Editorial Results (free)
1.
Thomas & Betts CEO Sees Growth Post-Acquisition -
Monday, May 13, 2013
Dominic Pileggi, the retired CEO of Thomas & Betts Corp., remembers being concerned more than a year ago when the Memphis-based maker of low voltage electrical and utility hardware was in talks with ABB Group of Zurich to buy Thomas & Betts.
2.
Thomas & Betts - ABB Donate $1 Million -
Friday, May 10, 2013
Thomas & Betts Corporation executives marked one year since the acquisition of the Memphis-based power and electric utility devices company by ABB Group of Zurich Thursday, May 9, with three contributions from both totaling $1 million to St. Children’s Research Hospital, Le Bonheur Children’s Hospital and the Memphis Development Foundation.
3.
Boyle Celebrates 80 Years, Sponsors Art Exhibit -
Monday, March 18, 2013
Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.
4.
Fink Joins Diamond Cos. as Senior Vice President -
Wednesday, March 06, 2013
Justin Fink has joined Diamond Cos., an International truck dealership holding company, as senior vice president, truck sales. In the new role, Fink oversees new and used truck sales, and helps develop programs and processes to grow customer relationships, sales and profits.
5.
Lower Property Values Sink Revenues -
Wednesday, March 06, 2013
The first formal notices of 2013 Shelby County property values in the once-every-four-years reappraisal for taxation purposes were mailed Monday, March 4, to owners of commercial and industrial cost properties as well as homeowners in Hickory Hill, Whitehaven and parts of Southwest Memphis.
6.
Madewell Coming to Saddle Creek -
Friday, February 08, 2013
The Shops of Saddle Creek in Germantown will soon gain another national retailer with no other presence in Tennessee.
Madewell, a subsidiary of J. Crew Group Inc., has signed a 3,061-square-foot lease in The Shops of Saddle Creek North, 7509 Poplar Ave., in part of the space that was previously The Gap in between James Avery Jewelry and Brighton Collectables.
7.
BenchMark to Relocate, Restructure -
Friday, January 25, 2013
BenchMark at Southwind Realtors LLC will soon relocate its Southeast Memphis office, add agents, integrate technology into its business practices and go paperless in one fell swoop.
8.
Schools Security Plan Emphasizes Consistency -
Monday, January 14, 2013
While many of the most controversial issues of the coming merger of Memphis City Schools and Shelby County Schools are still to be decided, the issue of how to handle school security appears to be settled.
9.
MAAR Members Honored at End-of-Year Luncheon -
Saturday, January 05, 2013
The Memphis Area Association of Realtors named the recipients of its 2012 awards at its year-end luncheon Dec. 19 at the Hilton Memphis.
Leon Dickson Sr. of BenchMark at Southwind LLC was named 2012 Realtor of the Year.
10.
CBRE Memphis Sells $8.7 Million in Apartment Properties -
Saturday, December 29, 2012
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.
11.
MAAR Members Honored at End-of-Year Luncheon -
Monday, December 31, 2012
The Memphis Area Association of Realtors named the recipients of its 2012 awards at its year-end luncheon Dec. 19 at the Hilton Memphis.
Leon Dickson Sr. of BenchMark at Southwind LLC was named 2012 Realtor of the Year.
12.
Southwind Homewood Suites Sells for $6.5 Million -
Monday, December 31, 2012
3583 Hacks Cross Road Memphis, TN 38125
Sale Amount: $6.5 million
Sale Date: Nov. 2, 2012
13.
Southwind Homewood Suites Sells for $6.5 Million -
Thursday, December 27, 2012
The Homewood Suites by Hilton Southwind at 3583 Hacks Cross Road sold for $6.5 million in a successor trustee’s deed following a foreclosure.
14.
CBRE Memphis Sells $8.7 Million in Apartment Properties -
Monday, December 24, 2012
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.
15.
Delta Blues Winery LLC Buys 15 Acres in Lakeland -
Tuesday, December 18, 2012
6495 Stewart Road Lakeland, TN 38002
Sale Amount: $165,000
Sale Date: Dec. 10, 2012
16.
Southwind Hampton Inn Sells for $5.6 Million -
Tuesday, December 11, 2012
The Hampton Inn Memphis-Southwind hotel at 3579 Hacks Cross Road sold for $5.6 million in a successor trustee’s deed following a foreclosure.
17.
Uniquely Creative -
Monday, December 10, 2012
The freshly painted walls at Paradigm Marketing & Creative include the definition of creativity spelled out to serve as a constant reminder of the 20-year old firm’s mantra.
“The ability to transcend traditional ideas and to create meaningful new ideas,” the wall leading into the newly refurbished kitchen area reads.
18.
Fred's to Open Two Super Dollar Locations -
Wednesday, October 17, 2012
Fred’s Super Dollar will celebrate 65 years of serving the Memphis area with the grand opening of two new stores at 8:45 a.m. Friday, Oct. 19.
Special offers and activities will be at both locations, one at 7965 E. Shelby Drive and another at 6500 Quince Road.
19.
Southwind Homewood Suites Facing Foreclosure -
Thursday, October 11, 2012
Homewood Suites by Hilton Southwind-Hacks Cross is facing foreclosure after its ownership group defaulted on a $10 million loan from Lehman Brothers Bank, according to a first-run foreclosure notice in Thursday’s Daily News.
20.
Snyder’s-Lance Signs Deal In Southaven -
Friday, September 21, 2012
A well-known snack food company has boosted its distribution presence in the Memphis area.
Snyder’s-Lance Inc. signed a 26,757-square-foot lease at Airways Distribution Center Building F, 8425 Airways Blvd., in Southaven.
21.
Why Memphis Rocks -
Tuesday, September 18, 2012
Last week we kicked off this series of reader-response columns by asking, “Why do you think Memphis Rocks?” So far, we have received some heartwarming stories, catchy slogans, and fascinating perspectives that all capture the essence of what makes our community so great. Let us go ahead and start sharing your responses while I encourage you, our readers, to keep the feedback coming, so we can share even more next week.
22.
Hampton Inn Southwind in Foreclosure -
Monday, September 17, 2012
The Hampton Inn Memphis-Southwind hotel, 3579 Hacks Cross Road, is in foreclosure after its Memphis-based ownership group defaulted on an $11.5 million loan.
23.
Paradigm Marketing Opens Dallas Location -
Friday, September 14, 2012
Memphis-based firm Paradigm Marketing & Creative has opened a satellite office in Dallas in an effort to expand its business and gain clients in a growing market area.
The majority of Paradigm’s clients come from the areas of real estate and development, hospitality, medical, biosciences and other service-related industries.
24.
Staying on Course -
Friday, September 07, 2012
A few days ago, trade publication “The Bond Buyer” reported that Phoenix, Ariz., is facing a $14.8 million deficit to operate its six golf courses and is mulling whether to sell or shutter them.
The city is reportedly considering those possibilities in light of factors that include a glut of courses, growing competition for golfers’ attention and a decline in the sport’s popularity. Blane Merritt, general manager of the TPC Southwind private golf club in Memphis’ Southwind community, can empathize with what Phoenix is wrestling with.
25.
Senior Sector -
Monday, August 20, 2012
The 76 million Americans born between 1946 and 1964 were said to have remodeled society as they moved through it.
It was the baby boomer generation that drove the cultural shift to consumerism with SUVs and mini-vans. That demographic just turned 65 and real estate developers have taken notice.
26.
Survey Unites Separate Forum Attendees -
Friday, August 17, 2012
Countywide school board forums on the merger plan continue through the weekend with two public meetings at the same time Saturday, Aug. 18, at 10 a.m. at Mitchell and Frayser high schools.
By the end of the forum at Southwind High School Monday, Aug. 20, starting at 6:30 p.m., there will have been six of the meetings.
27.
Events -
Monday, July 23, 2012
Tennessee PTA will conduct summer leadership training as part of its 2012 Tour de Tennessee Monday, July 23, from 8:30 a.m. to 2:30 p.m. at Southwind High School, 7900 E. Shelby Drive. Anyone interested in increasing parental involvement in school is invited. Cost is $5. Visit tnpta.org.
28.
Events -
Friday, July 20, 2012
The Orpheum Theatre will present “The Princess Bride” as part of its summer classic movie series Friday, July 20, at 7:15 p.m. at the theater, 203 S. Main St. Visit orpheum-memphis.com or call 525-3000 for tickets.
29.
National Capital Management Expands -
Friday, July 20, 2012
National Capital Management LLC has expanded by 3,900 square feet on the third floor at Southwind Office Center A, bringing the company’s total lease to 12,253 square feet.
30.
G&I Sells 2 Multifamily Sites For Combined $55.8 Million -
Tuesday, July 03, 2012
160 Madison Farms Drive
Collierville, TN 38017
Sale Amount: $32 million
Sale Date: June 20, 2012
31.
Madison at Schilling Farms Sells for $32 Million -
Tuesday, June 26, 2012
Arenda Capital Management, a Los Angeles-based private real estate investment firm, has bought the 324-unit Madison at Schilling Farms apartment complex in Collierville for $32 million.
Arenda, working under the name Madison 324 LLC, closed on the purchase from G&I IV Madison LP on Wednesday, June 20. G&I is a joint venture between New York-based investment advisor DRA Advisors LLC and Memphis’ Fogelman Properties.
32.
Fla. Company Buys Cordova Retail Center -
Friday, June 08, 2012
Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.
33.
DRA Advisors Closes on Two Shelby Drive Warehouses -
Friday, June 01, 2012
New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.
34.
Events -
Friday, June 01, 2012
Memphis Italian Festival will continue through Sunday, June 2, at Marquette Park at the corner of Mt. Moriah Road and Park Avenue. Visit memphisitalianfestival.com for hours and ticket prices.
35.
Everything’s Possible, Even a 58 -
Friday, June 01, 2012
WHAT THESE GUYS DO ISN’T PROFESSIONAL. IT’S IMPOSSIBLE. The other day, I played in a golf scramble – a format where four players hit every shot, pick the best, and turn in one score at the end. And we had two mulligans each (do-overs) and a toss (a throw yourself out of trouble when you’ve just hit a shot so nauseating you want to toss). We played well, making putts and clutch shots, using our mulligans and tosses wisely, and turning in a score two or three strokes better than we thought ourselves capable of – 62, 10 under par.
36.
Former AIMS Execs Launch Freight Payment Company -
Thursday, May 24, 2012
A trio of former AIMS Logistics executives has formed a new freight payment service in Memphis.
A3 Freight Payment recently opened its headquarters in Southwind.
Three of the top four executives were with AIMS, a Collierville freight payment company that was bought by U.S. Bank-PowerTrack, a competitor.
37.
Poag, N.Y. Investor Buy The Avenue -
Friday, May 11, 2012
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.
38.
Poag, N.Y. Investor Buy The Avenue -
Thursday, May 10, 2012
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.
39.
Office Opportunities -
Thursday, May 03, 2012
Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.
Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.
40.
Highland Meadows Sells for $5.5 Million -
Tuesday, May 01, 2012
5045 Airways Blvd.
Memphis, TN 38116
Sale Amount: $5.5 million
Sale Date: April 25, 2012
41.
Raleigh Assembly of God Finances Two Campuses -
Tuesday, April 24, 2012
Raleigh Assembly of God Inc. has filed a $2.2 million loan through Assemblies of God Loan Fund secured by the church’s two campuses – in Raleigh and Southwind – and two vacant parcels. The loan matures in 2032.
42.
Weingarten Realty to Sell Two Industrial Properties -
Friday, April 13, 2012
Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.
43.
Monroe Ave. Bldg. Sells For $3.3M -
Friday, March 23, 2012
A fully leased Downtown office building has traded hands for more than twice its assessed value.
309 Monroe Property LLC purchased the 22,792-square-foot property at 309 Monroe Ave. for $3.3 million. The Shelby County Assessor of Property’s 2011 appraisal was $1.5 million.
44.
Hayes Survives, Thrives Even in Housing Slump -
Monday, March 19, 2012
As a child, Michelle Hayes dreamed of owning her own hotel. Instead of going toe to toe with Hilton and Marriott, however, the Whitehaven native and LeMoyne-Owen College graduate instead entered into the world of real estate in 1998.
45.
F Jarnell Stokes Cleared to Play at Tennessee -
Tuesday, January 10, 2012
KNOXVILLE (AP) – The NCAA and Southeastern Conference have cleared forward Jarnell Stokes to play at Tennessee.
The 6-foot-8, 250-pound Stokes was ranked as one of the top prospects from Tennessee for the 2012 incoming class. He graduated in December from Memphis' Southwind High School and selected Tennessee over Arkansas, Florida, Kentucky and Memphis.
46.
Lofty Heights -
Tuesday, January 10, 2012
The Mid-South apartment market is riding high after a strong 2011.
Last year saw increasing occupancies and rents, as well as a shift from investors and lenders back to more stable properties, all of which followed a 2010 that was dominated by activity involving distressed product.
47.
Events -
Thursday, December 08, 2011
The Lipscomb Pitts Breakfast Club will hold a female business leader lunch Thursday, Dec. 8, from noon to 1:30 p.m. at Napa Café, 5101 Sanderlin Ave., suite 122. The female-focused lunch brings various business leaders and up-and-coming leaders together to discuss challenges and opportunities, as well as serve as a brain trust to cultivate programs focused on women in business. To R.S.V.P., email Jeremy Park at jeremyp@lpinsurance.com.
48.
Home Sales Up 2 Percent For October -
Wednesday, November 09, 2011
October home sales in Shelby County inched 2 percent higher compared to the same month a year ago, marking the fourth consecutive month with year-over-year improvement.
Shelby County registered 1,073 home sales last month, compared to 1,011 in October 2010, according to real estate information company Chandler Reports, www.chandlerreports.com.
49.
Preserve at Southwind Apts. Sell for $22.2 Million -
Tuesday, October 25, 2011
7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million
Sale Date: Oct. 12, 2011
50.
Preserve at Southwind Sells for $22.2 Million -
Thursday, October 20, 2011
The Preserve at Southwind apartment complex has sold for $22.2 million. G&I VII Preserve at Southwind LLC, an affiliate of New York-based DRA Advisors LLC, bought the 306-unit complex from 7991 Capilano Drive Holdings LLC. The purchase was financed with a $15.4 million loan through CW Capital LLC.
51.
Crye-Leike Inks Car Dealership, Industrial Deals -
Friday, October 14, 2011
Bill Caller with Crye-Leike Commercial has brokered a pair of sales in recent weeks that enable the new users to occupy second-generation space.
Nihal Khwaja with Best Deal Motors purchased the 2-acre former car lot at 5648 Summer Ave. for $150,000.
52.
Housing Market Inches Upward in Q3 -
Monday, October 10, 2011
Local home sales saw an uptick during the third quarter, and local professionals say it’s due to the sluggish market conditions yielding incentives for buyers.
Shelby County registered 3,568 home sales in the third quarter (July 1 to Sept. 30), a 7 percent increase from Q3 2010, which totaled 3,332, according to real estate information company Chandler Reports, www.chandlerreports.com.
53.
Waterford Place Apartments Sells in Foreclosure for $18.2M -
Thursday, August 11, 2011
Waterford Place Apartments at 8037 Waterford Circle in Southeast Shelby County’s 38125 ZIP code has sold for $18.2 million in a substitute trustee’s sale following a foreclosure. The complex sold May 11 but wasn’t recorded by the Shelby County Register of Deeds until this week.
54.
MAAR: June Home Sales Improve 4.5 Pct. -
Friday, July 08, 2011
The housing market may be inching its way to recovery, as the Memphis Area Association of Realtors has reported a 4.5 percent increase in June home sales.
The Memphis area recorded 1,612 home sales last month, up from 1,542 in June 2010, according to the association’s MAARdata property records database. The MAARdata system includes records of all property transactions in Shelby, Fayette and Tipton counties.
55.
Burke Recognized As Outstanding Faculty Advisor -
Wednesday, July 06, 2011
Tracie L. Burke, director of the Honors Program and Chair/Professor of Behavioral Sciences at Christian Brothers University has been named Tennessee’s Outstanding Faculty Advisor by the National Academic Advising Association.
56.
$3 Million in Permits Filed For Hacks Cross Buildings -
Tuesday, June 28, 2011
3152 Hacks Cross Road and
3168 Hacks Cross Road
Permit Amounts: $1.4 million (3152 Hacks
Cross); $1.6 million (3168 Hacks Cross)
57.
$3M in Permits Filed for Hacks Cross Construction -
Friday, June 24, 2011
Two limited liability companies, Southwind I LLC and Southwind LLC, have filed building permit applications with the city-county Office of Construction Code Enforcement for construction on Hacks Cross Road.
58.
Hacks Cross Center Sells For $1 Million -
Friday, June 17, 2011
A shopping center in the Southeast submarket has traded hands. AAK Ventures LLC acquired the 10,500-square-foot Players Crossing Retail Center, 3285 Hacks Cross Road, from BancorpSouth for $1 million.
59.
Murry-Drobot Joins Family Safety Center -
Wednesday, June 15, 2011
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.
60.
Cable Service Provider Signs New Lease -
Friday, June 03, 2011
A Madison, Tenn.-based cable service provider is taking advantage of lower rates in a competitive leasing environment.
FTS USA has signed a 4,002-square-foot lease in East Pointe Business Center, 3915 S. Mendenhall Road.
61.
Investors Buy Stalled Lamar Crossing Apartments -
Tuesday, May 24, 2011
2881 Lamar Ave.
Memphis, TN 38114
Sale Amount: $1.5 Million
Sale Date: May 11, 2011
62.
Top Golfer to Participate in Charity Opportunity -
Monday, May 23, 2011
Caddy For A Cure Inc. has announced an opportunity to caddy for a day with reigning FedEx St. Jude Classic champion and world’s No. 1 ranked golfer Lee Westwood.
63.
Winchester Road Church Changes Hands for $8.2M -
Monday, May 23, 2011
Cummings Street Missionary Baptist Church Inc. has bought church property at 8800 Winchester Road from Christ the Rock Metro Church Inc. for $8.2 million.
64.
FedEx Extends Sponsorship of St. Jude Classic -
Wednesday, May 18, 2011
FedEx Corp. has extended its one-year sponsorship commitment of the FedEx St. Jude Classic golf tournament through 2014.
65.
Davidson Hired as Manager of Habitat ReStore -
Wednesday, May 18, 2011
Joseph Yates Davidson has been hired as the manager of the new Habitat for Humanity ReStore, 7130 Winchester Road.
66.
Events -
Monday, April 18, 2011
Agape Child & Family Services will hold its annual Kids Classic Golf Tournament Monday at noon at TPC Southwind, 3325 Club at Southwind. Teams of four are $1,600 and individuals are $400. Sponsorships are available and start at $500. For more information or to register, call 323-3600 or visit www.apagemeanslove.org.
67.
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.
68.
Memphis-Area Home Sales Dip 23 Pct. in March -
Thursday, April 07, 2011
Memphis-area home sales last month fell 23.2 percent from March 2010, according to sales recorded in the Memphis Area Association of Realtors’ MAARdata property records database, which includes records of all property transactions in Shelby, Fayette and Tipton counties.
69.
Noffsinger Receives Leadership Award -
Wednesday, April 06, 2011
Mike Noffsinger, sales manager for the Memphis location of the RJ Young Co., has received the John T. Crunk Leadership Award, an honor given to an employee who exhibits outstanding leadership traits and performance during the year.
70.
Myers Tire Finds ‘Ideal’ Spot in Miss. -
Friday, April 01, 2011
Airways Distribution Center at 8474 Marketplace Drive in Southaven is nearly at capacity with a new lease.
71.
Recovery Roadblock -
Monday, March 21, 2011
As the housing market inches closer to correction, the potential elimination of government-controlled housing institutions Fannie Mae and Freddie Mac could bring the recovery to a screeching halt.
In 2008, Fannie Mae and Freddie Mac were pushed to the verge of collapse, partially because both failed to charge enough for the guarantees they sold to protect lenders and investors, which for decades were fully backed by the government.
72.
Shelby Home Sales Drop 21 Pct. in Feb. -
Wednesday, March 09, 2011
The latest housing market figures paint a bleak picture of the market.
Although brokers can be optimistic about a few of the numbers – and can point to factors such as terrible weather to explain part of the decline – February 2011 will go down as a month to forget for the housing market.
73.
MAAR: Outlook Belies February Numbers -
Tuesday, March 08, 2011
While Memphis-area home sales declined from the same month a year ago, average sales price, existing homes and nonbank sales all showed signs of resurgence in February.
Memphis-area home sales last month fell 11.8 percent from February 2010, according to sales recorded in the Memphis Area Association of Realtors’ MAARdata property records database, which includes records of all property transactions in Shelby, Fayette and Tipton counties.
74.
City Council Considers Fire Vehicle Funding -
Tuesday, February 15, 2011
Memphis City Council members have at least one other burning controversy besides the schools debate to consider at Tuesday’s meeting.
The council meets at 3:30 p.m. at City Hall, 125 N. Main St.
75.
2010 Home Sales Declined 9.7 Percent -
Monday, January 31, 2011
Home sales in the Memphis market declined 9.7 percent in 2010, showing the market perhaps still has a ways to go to recovery.
There were 13,711 homes sold in 2010, a 9.7 percent decline from the 15,186 sold in 2009, according to the latest numbers from the Memphis Area Association of Realtors’ Multiple Listing Service.
76.
Highwoods Extends Tenants at Southwind Office Center -
Friday, January 28, 2011
Raleigh, N.C.-based Highwoods Properties Inc. has signed two deals at its Southwind Office Center, a 62,000-square foot, three-story building with views of the Tournament Players Club at Southwind golf course.
77.
Dickson Takes Reins of MAAR -
Thursday, January 20, 2011
Leon Dickson prefers to concentrate on the future of the real estate market rather than dwell on the past.
But one cannot fully understand Dickson’s current tenure as president of the Memphis Area Association of Realtors without tapping into his history.
78.
MAAR Installs 2011 Officers -
Wednesday, January 19, 2011
The Memphis Area Association of Realtors announced its 2011 officers and board of directors at its annual inaugural gala Friday.
The officers are: Leon Dickson of BenchMark at Southwind, president; John Stamps of Prudential Collins-Maury Inc., vice president; Walter Allen of Integra Realty Resources, secretary-treasurer; Carol Lott of Prudential Collins-Maury Inc., president-elect.
79.
Housing Shrinks 8 Percent in 2010 -
Monday, January 10, 2011
While 2010’s home sales are down – 8 percent from the previous year – local real estate agents say bright spots in the report indicate the housing market is on the road to recovery for 2011.
80.
Housing Endured Bumpy Ride in 2010 -
Tuesday, December 28, 2010
As the 2010 housing market seemed to get worse with every monthly report, local real estate professionals adjusted their routines to cope.
A lack of confidence in the market and uncertainty about the employment picture prevailed, keeping home sales about 15 percent off last year’s pace – which had been the lowest in decades.
81.
FedEx Returns as PGA Event Sponsor -
Friday, December 03, 2010
FedEx is returning as title sponsor of the St. Jude Classic for 2011.
Memphis’ PGA Tour event will be called the FedEx St. Jude Classic. FedEx served as the title sponsor for 21 years, from 1986-2006.
82.
Polly Installed as President of Downtown Kiwanis Club -
Wednesday, December 01, 2010
Dianne Polly, vice president of compliance and community relations for Metropolitan Inter-Faith Association, has been installed as president of the Downtown Memphis Kiwanis Club. Also, she has been appointed chairman of the American Dietetic Association’s Ethics Committee.
83.
Calif. Investor Buys Midtown Apartments -
Friday, November 12, 2010
A vintage apartment complex in Midtown is under new ownership.
Gabrion Properties LLC closed on approximately 20,000 total square feet of space in Cherokee Arms Apartments for $455,000. The three-story apartment complex, 1508 Madison Ave., contains 30 studio apartments with historic vintage architecture.
84.
Retry: Anti-Discrimination Ordinance in Council Committee -
Tuesday, October 26, 2010
A proposed city anti-discrimination ordinance surfaces again Tuesday at an 8:30 a.m. Memphis City Council committee session.
The ordinance would prohibit discrimination based on sexual orientation, gender identity or expression in the city government’s hiring practices.
85.
D. Canale Site Sells as Part of Hand Purchase -
Tuesday, October 05, 2010
45 E.H. Crump Blvd.
Memphis, TN 38106
Sale Amount: $4 million
Sale Date: Sept. 24, 2010
Buyer: The Hand Family Realty Co. LLC
Seller: D. Canale Beverages LLC
Loan Amount: $48.4 million
Loan Date: Sept. 27, 2010
Maturity Date: n/a
Lender: Branch Banking and Trust Co.
86.
G'Town Storage Breaks Ground On Facility -
Wednesday, September 29, 2010
Germantown Storage has filed a $1.2 million building permit application with the city-county Office of Construction Code Enforcement for a new facility at 3275 Hacks Cross Road.
87.
Realtors: Housing Has Nowhere to Go But Up -
Thursday, September 16, 2010
Although the local real estate industry took yet another year-over-year dip in August – as new and existing home sales declined 13 percent from the same month a year ago – Realtors see the light at the end of the tunnel.
88.
MAAR Elects 2011-2012 Board of Directors -
Tuesday, September 07, 2010
The Memphis Area Association of Realtors elected its board of directors for 2011-2012 at its annual meeting and election last week.
MAAR members elected six real estate agents to serve on the board during the next two years.
89.
Preserve at Southwind Sells for $19.9 Million -
Wednesday, July 28, 2010
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.
90.
Charter Commission Votes on Draft Language -
Monday, July 19, 2010
The Metro Charter Commission has given tentative approval to four sections of the proposed consolidation charter.
The voice votes at Thursday’s meeting at Southwind High School marked the first votes on the charter’s language.
91.
Consolidation Charter's First Draft Starts To Take Shape -
Friday, July 16, 2010
The Metro Charter Commission has given tentative approval to four sections of the proposed consolidation charter the group is drafting.
The voice votes at Thursday’s meeting at Southwind High School marked the first votes on the language of the charter.
92.
Charter Commission Takes Message to the People -
Monday, July 12, 2010
The Metro Charter Commission drew a crowd of 200 last week at the first of three public hearings on the consolidation proposal still taking shape.
The two-and-half-hour session at the Memphis Botanic Garden even included something the group hasn’t encountered much in public forums held by other groups – applause for the idea of consolidation.
93.
Consolidation Plan to be Presented in July -
Tuesday, June 29, 2010
After a dubious reception from Memphis City Council members and Shelby County Commissioners on June 24, the Metro Charter Commission is preparing for a series of public hearings in July.
The charter commission has until mid-August to draft a consolidation charter. The proposal then goes to voters on the Nov. 2 ballot.
94.
Events -
Monday, June 21, 2010
The Annual Golf Classic to benefit the Boys & Girls Clubs of Greater Memphis will be held Monday at TPC Southwind, 3325 Club at Southwind. The two starts times are 8 a.m. and 1:30 p.m. Fees include breakfast, lunch, dinner and a golf shirt with goody bag and prizes. For more information, call 278-2947 or visit www.bgcm.org.
95.
City Rolls Out Red Carpet to Tout Assets -
Friday, June 04, 2010
The Greater Memphis Chamber will give prospective businesses and national trade publications the proverbial star treatment next week when it hosts the Red Carpet Tour.
Set for June 8-10, the event is designed to showcase the economic advantages that Memphis can offer – from inexpensive commercial real estate to a logistics-laden work force, from the world’s busiest cargo airport to robust rail, road and river infrastructure.
96.
Payne-Johnson Joins Arlington’s Baptist Memorial Medical -
Wednesday, June 02, 2010
Dr. Ann Payne-Johnson, a family medicine physician at Baptist Memorial Medical Group, recently began practicing medicine at Baptist Memorial Medical Group Arlington Family Medicine.
Hometown: New Orleans, La.
Education: Residency, University of Tennessee Department of Family Medicine, Jackson, Tenn.; Spartan Health Sciences University School of Medicine; master’s degree in marriage and family therapy and bachelor’s degree in psychology from University of Southern Mississippi
Work Experience: Family medicine physician at BMMG, clinician at Saint Francis Hospital, aerobics instructor/fitness instructor (stopped when I was 5 months pregnant with my son)
Family: Married. Five-year-old son, Donovan, in kindergarten at St. Francis of Assisi Catholic School; daughter, Ashley, 2.
Last book read: “Llama Llama Mad at Mama”
Music: Disco. Favorite song: “I Will Survive.”
Favorite movie: “Scarface” (“Avatar” is a close second)
Sports team: New Orleans Saints (Who Dat!!!)
Activities you enjoy outside of work: Farmville on Facebook, gadgets, spending time with the kids
Who has had the greatest influence on you? My father, who was a musician and scientist.
Why did you pursue a career in medicine? I have always wanted to practice medicine.
What do you consider your greatest professional accomplishments? Becoming board certified.
What do you most enjoy about your work? The people I work with every day are phenomenal. Baptist is growing to continue to meet the community’s needs for primary care.
97.
Preserve Auction Adjourned Again -
Friday, May 28, 2010
For the second time in a month, the scheduled auction of the Preserve at Southwind Apartments near Hacks Cross and Tenn. 385 in Southeast Shelby County has been adjourned.
On Friday the sale was moved back to July 27 at noon.
98.
Changing Tide -
Tuesday, May 18, 2010
The foreclosure crisis took an interesting twist in the past year.
No longer was the problem relegated only to blighted communities like Frayser, Raleigh and Hickory Hill.
Although those areas were still severely afflicted by loan defaults and vacant homes, the biggest foreclosure headlines of the previous 12 months centered on some of the area’s most ambitious projects and most prominent properties.
99.
Multifamily Owner Defaults On $19.5M Loan -
Friday, May 07, 2010
In what has become a common theme in the multifamily industry, another pair of large apartment complexes will be sold on the courthouse steps.
The Waterford Pointe Apartments at 5045 Airways Blvd. in Whitehaven and the Carrington Manor Apartments at 4805 Winchester Road in Oakhaven have been foreclosed, according to a first-run notice in today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.
100.
Preserve Auction Adjourned to May 28 -
Friday, April 30, 2010
Friday’s scheduled auction of the Preserve at Southwind Apartments near Hacks Cross and Tenn. 385 in Southeast Shelby County has been adjourned to May 28 at noon.
The 306-unit complex will be auctioned to the highest bidder on the Shelby County Courthouse steps in a substitute trustee’s sale due to a foreclosure.