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Editorial Results (free)

1. Hotel Developer Moves On Scimitar Building Conversion -

179 Madison Ave.
Memphis, TN 38103

Permit Cost: $5.2 million

Permit Date: Applied August 2015

2. 100 North Main Sells for $5 Million -

After months of threats to turn off power to the tallest skyscraper in Memphis, the 37-story office building has sold.

Boca Raton, Fla.-based IMH Memphis LLC, a Tennessee limited liability company, purchased the skyscraper for $5 million on Aug. 25.

3. Cordova Malco Theater Sells for $1.9 Million -

Malco’s Cordova Towne Cinema movie theater, located at 1080 N. Germantown Parkway in Cordova, has sold for $1.9 million.

4. Evolve Creates Java4Jobs to Help Finance Startups -

Evolve Bank & Trust has started a coffee company to provide financing for startups, small businesses and minority- or women-owned businesses.

5. Cordova Malco Theater Sells for $1.9 Million -

Malco’s Cordova Towne Cinema movie theater, located at 1080 N. Germantown Parkway in Cordova, has sold for $1.9 million.

6. Memphis Investment Professionals Preach Caution Amid Market Swings -

The 1,000-point drop at one point Monday, Aug. 24, in the Dow Jones Industrial Average – it ended the day down 588 points to close at an 18-month low – was a result of volatile trading that marked a stomach-churning start to the week for investors.

7. Evolve Creates Java4Jobs To Help Finance Startups -

Evolve Bank & Trust has started a coffee company to provide financing for startups, small businesses and minority- or women-owned businesses.

8. Sales of Senior Living Facilities Up in 2015 -

Mirroring national trends that show an increase in interest by investors in senior living facilities, the number of nursing home/elderly housing facilities that have changed hands is on the rise in Shelby County.

9. Mayoral Debate Clash Focuses on City Finances -

Memphis city government’s financial problems and how those problems happened was the flashpoint for the latest meeting of the top mayoral contenders on the Oct. 8 ballot.

The Wednesday, Aug. 19, forum sponsored by The Commercial Appeal at the University of Memphis saw incumbent Mayor A C Wharton Jr. clash with challengers and city council members Jim Strickland and Harold Collins. The fourth debate contender, Memphis Police Association president Mike Williams, argued for different city priorities and a slower move toward economic development goals.

10. Memphis Symphony President and CEO to Leave in November -

The Memphis Symphony Orchestra’s president and CEO is preparing to step down in November.

Roland Valliere is taking a new job in Cape Cod, Mass., as president and CEO of the nonprofit arts organization Cape Arts & Entertainment, the Memphis symphony announced Monday. He’s staying on here through Nov. 9 and will continue to serve as an adviser to smooth the leadership transition.

11. Ballet Memphis Closes On French Quarter Suites Purchase -

2144 Madison Ave.
Memphis, TN 38104

Sale Amount: $4.2 million

Sale Date: Aug. 6, 2015

12. Equity Firms Should Leverage Innovation -

On the strategy side of our business, we work with many private equity-backed companies. We get called in when the growth trajectory and investment thesis aren’t being realized as projected.

We complete a diagnosis, based on a holistic evaluation of the market, competition, culture, marketing and operations of the firm. Applying a variety of in-depth primary and secondary forms of research and analysis, we develop a roadmap of real, organic growth.

13. Hooker Fights for Right to Die on His Terms -

John Jay Hooker, a household name in Middle Tennessee if nowhere else, is suffering from stage 4 metastatic cancer with weeks, not months to live.

14. Wolf River Conservancy Earns Accreditation -

The Wolf River Conservancy has “earned a mark of distinction” from the Land Trust Accreditation Commission.

The commission accredited the organization after a two-year, three-month evaluation process. It ensured that the conservation work is permanent, upholds the public trust and meets efficiency standards.

15. Memphis Search Marketing Firm Nabs Spot on Inc. 500 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

16. Editorial: The Triumphant Return of Tigers Football -

Fifty years after the University of Memphis’ first season at the Liberty Bowl, and 52 years since the 1963 undefeated season, the annual return of Tigers football feels triumphant.

Maybe you don’t completely trust the tide from last year’s winning season – the first since 2007, the first conference championship since 1971 and the first bowl appearance since 2008. Your head tells you to assert your confidence in Tigers football. But in your heart, it feels like this may be at the expense of Tigers basketball.

17. Memphis Firm HigherVisibility Nabs Spot on Inc. 5000 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

18. College Football Notebook: Nick Saban Needs a Quarterback -

Another season at Alabama and another battle for quarterback.

Last year’s runner-up, Florida State transfer Jacob Coker, returns for a second shot at the job after losing out to Blake Sims in 2014. Redshirt freshman David Cornwell showed enough last spring to become a contender, and the race may be wide enough open to go beyond these two if neither can assert himself as the leader of the offense.

19. Wolf River Conservancy Earns Accreditation -

The Wolf River Conservancy has “earned a mark of distinction” from the Land Trust Accreditation Commission.

The commission accredited the organization after a two-year, three-month evaluation process. It ensured that the conservation work is permanent, upholds the public trust and meets efficiency standards.

20. Regions Wealth Executive Talks Expansion, Growth Opportunities -

Travis LeMonte has been on the job for a little more than two months, but the executive leading Regions Private Wealth Management in West Tennessee already is talking expansion and adding to his team’s wealth management firepower.

21. Appeals Court Revives Antitrust Lawsuit Over ATM Fees -

WASHINGTON (AP) – A federal appeals court has revived a lawsuit accusing MasterCard, Visa and three major banks of illegally fixing ATM prices at the expense of consumers.

The federal appeals court in Washington ruled Tuesday that a group of consumers and independent ATM operators could pursue antitrust claims against the companies.

22. The Tortoise and the Hare of Sales -

The goal of business development is to create strategic business relationships, which drive revenue and help a company grow.

Even the most seasoned business development pros often confuse business development with sales. Our sights become so focused on closing a deal that we miss critical opportunities to gain the trust we need to win that new business. You can reach low-hanging fruit quickly and easily, but reaching prime coconuts requires more effort.

23. West-Ward Pharmaceutical Plans Distribution Center Expansion -

4750 Pleasant Hill Road
Memphis, TN 38116
Loan Amount: $6.1 million

24. Earnings Season Roundup -

International Paper Reports Q2 Earnings Growth: International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

25. Carriage Ride -

Carriage Crossing is experiencing strong leasing activity and rising sales numbers as it prepares for multinational clothing retailer H&M to open its first Memphis-area location this month.

In recent months, the Collierville lifestyle center landed the H&M store, which the Swedish retailer says it plans to open Aug. 13, an Off Broadway Shoe Warehouse and a Hickory Tavern restaurant.

26. Congress Passes 3-Month Highway, Transit Aid Patch -

WASHINGTON (AP) — Congress sent President Barack Obama a three-month bill to keep highway and transit money flowing to states on Thursday, one day before the deadline for a cutoff of funds.

27. Memphis Police Oversight Ordinance Back on Track After Wharton Backtracks -

Two days after an aide in Memphis Mayor A C Wharton Jr.’s administration said the mayor was against any changes to the 1994 city ordinance governing a Civilian Law Enforcement Review Board, Wharton himself said he is for the proposed changes.

28. MAA Reports Surging Profits -

Mid-America Apartment Communities Inc. reported a banner second quarter highlighted by surging profits.

29. Trustmark Corp. Reports Second-Quarter Profit -

Trustmark Corp., the parent company of Trustmark Bank, has reported a second-quarter profit of $30.6 million, which represents diluted earnings per share of 45 cents.

30. Houston Levee Apartments In Cordova Fetch $17.5M -

9940 Paddle Wheel Drive
Cordova, TN 38016

Sale Amount: $17.5 million

Sale Date: July 9, 2015

31. Cordova Apartments Fetch $17.5 Million -

The Houston Levee Apartments community in Cordova has been sold for $17.5 million.

MA Houston Levee at Cordova LLC, which is affiliated with Mount Auburn Capital Group, acquired the 289-unit apartment complex at 9940 Paddle Wheel Drive in Cordova from USA Houston Levee DST, according to a July 9 warranty deed. The buyer filed a $13.4 million loan with Silverspeak Real Estate Finance LLC in conjunction with the purchase, according to a deed of trust filed the same day.

32. Speakers Set For Inaugural TEDxMemphis Event -

A few weeks from now, Memphians will have a chance to hear from Kimbal Musk, the brother of billionaire Tesla founder Elon Musk, about his plans for the restaurant and garden concepts he’s bringing to Memphis.

33. Social Security Disability Fund Projected to Run Dry in 2016 -

WASHINGTON (AP) — The 11 million people who receive Social Security disability face steep benefit cuts next year — unless Congress acts, the government said Wednesday.

The trustees that oversee Social Security said the disability trust fund will run out of money in late 2016, right in the middle of a presidential campaign. That would trigger an automatic 19 percent cut in benefits.

34. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

35. Cordova Apartments Fetch $17.5 Million -

The Houston Levee Apartments community in Cordova has been sold for $17.5 million.

MA Houston Levee at Cordova LLC, which is affiliated with Mount Auburn Capital Group, acquired the 289-unit apartment complex at 9940 Paddle Wheel Drive in Cordova from USA Houston Levee DST, according to a July 9 warranty deed. The buyer filed a $13.4 million loan with Silverspeak Real Estate Finance LLC in conjunction with the purchase, according to a deed of trust filed the same day.

36. Beware of Potential Buyers at Your Door -

It’s a little early for Halloween, but that’s not stopping adults dressed as real estate professionals from knocking on doors and looking for handouts.

But these little ghouls aren’t asking for candy. They’re looking for a big payday – as opposed to a Payday – and to take advantage of potential sellers in this robust market.

37. REIT Buys Sears Properties in Sale-Leaseback -

In part of a major transaction to increase cash flow and make their retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

38. Nineteenth Century Club Owner Files Building Permit -

The owner of the Nineteenth Century Club is prepared to launch a renovation of the historic building on Union Avenue.

Union Group LLC has applied for a $2.17 million building permit with the city-county Office of Construction Code Enforcement to proceed with renovations to turn the home at 1433 Union Ave. into a restaurant. Archer Custom Builders is listed as the contractor on the permit.

39. Shoppers Disappointed in Much-Hyped Amazon 'Prime Day' Sales -

NASHVILLE, Tenn. (AP) – Amazon aimed for Christmas in July with its much-hyped "Prime Day" sale. But some shoppers found a lump of coal instead.

The online retailer said Prime Day would offer bigger sales than those during the winter holiday shopping season. The goal was to boost $99 annual Prime loyalty program memberships during the sluggish summer months. The sale gained so much attention, other retailers, including Wal-Mart, Target, Macy's and Best Buy, had sales of their own.

40. Owner Files Building Permit For Nineteenth Century Club -

The owner of the Nineteenth Century Club is prepared to launch a renovation of the historic building on Union Avenue.

Union Group LLC has applied for a $2.17 million building permit with the city-county Office of Construction Code Enforcement to proceed with renovations to turn the home at 1433 Union Ave. into a restaurant. Archer Custom Builders is listed as the contractor on the permit.

41. Life Events and Your Financial Plan -

Ray’s take: The Greek philosopher Heraclitus said, “Nothing endures but change.”

When it comes to creating a financial plan, there’s always room for change. There are major events that occur in life that will require a review of, and revision to, your existing financial plan.

42. REIT Buys Sears Properties in Sale-Leaseback Transaction -

In part of a major transaction to increase cash flow and make its retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

43. Carpenter: Police Internal Affairs Records Should Be Open -

When advocates of a beefed-up Civilian Law Enforcement Review Board for Memphis called for police internal affairs to open its records of misconduct investigations to the review board, it wasn’t a new idea.

44. Justice Department: Food Companies Risk Prosecution for Outbreaks -

WASHINGTON (AP) – Following a deadly listeria outbreak in ice cream, the Justice Department is warning food companies that they could face criminal and civil penalties if they poison their customers.

45. Gasol Back in Fold, Grizzlies Still In Thick of Tough Western Conference -

There were a few mildly uneasy days between the arrival of Grizzlies controlling owner Robert Pera in Spain and the news that, yes, All-Star center Marc Gasol would indeed re-sign with the team. And not just for a short-term deal, but a five-year max contract (about $113 million) with a player option after the fourth year.

46. Building Blocks of Estate Planning -

Ray’s take: Estate planning is one of the most important steps any person can take to ensure their final property and health care wishes are honored when the time comes. You may not be able to take it with you, but you can have a say about where it goes.

47. Civilian Review Board Debate Flares Before Council Delay -

After years of give and take, negotiations over legal terms and the rise of police misconduct as a national issue, it appeared the Memphis City Council was ready Tuesday, July 7, to take a final vote on new rules for the long-dormant Civilian Law Enforcement Review Board.

48. NYSE Resumes Trading After Outage of More Than 3 Hours -

NEW YORK (AP) – Trading has resumed on the New York Stock Exchange after an outage of more than three hours caused by technical problems.

There was no interruption at the dozens of other U.S. stock exchanges Wednesday, including the Nasdaq, so investors were still able to buy and sell stocks easily.

49. How to Ask the Tough Questions -

The world’s best salespeople excel at asking engaging questions and actively listening to a prospect’s response without interruption. They master the art of posing high-impact questions that generate insightful responses, which offer a glimpse into a prospect’s decision-making process, competitors also under consideration, the likelihood of purchase, or even the factors that will be weighed most heavily by decision makers.

50. Ikea Seeks $16 Million Permit For First Memphis Store -

Future Ikea Store
On 42 Acres In Cordova
Permit Cost: $16 million

Application Date: July 2015
Owner/Tenant: Ikea
Details: Ikea is moving forward with its massive retail store in Cordova.

51. Nineteenth Century Club Owners Secure Loan -

The owners of the Nineteenth Century Club in Midtown have secured a $2.35 million construction loan to begin transforming the historic home at 1433 Union Ave. in Midtown into a restaurant.

52. Trade Schools Have to Find Grads Jobs, or Lose Financial Aid -

WASHINGTON (AP) – Exotic dancers hired as admissions counselors. Recruiters told to seek out "impatient" individuals who have "few people in their lives who care about them." Military personnel still recovering from brain damage told to sign on the dotted line.

53. Memphis Symphony Eyes Move to Midtown -

Memphis Symphony Orchestra president and CEO Roland Valliere is not shy when it comes to talking about the future of the organization.

After all, it wasn't that long ago that the symphony made the painful acknowledgement that its finances were in dire straits, that it needed support from patrons and the public more than ever and that its future was far from guaranteed.

54. US Court Agrees Apple Violated Antitrust Law in E-Book Entry -

NEW YORK (AP) – Apple violated antitrust laws by colluding with publishers to raise electronic book prices when it entered a market in 2010 that had been dominated by Amazon.com, a divided federal appeals court panel said Tuesday.

55. Nineteenth Century Club Owners Secure Loan -

The owners of the Nineteenth Century Club in Midtown have secured a $2.35 million construction loan to begin transforming the historic home at 1433 Union Ave. in Midtown into a restaurant.

56. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

57. Jason Eagle to Lead MIFA’s Advancement Department -

Jason Eagle has been appointed vice president of advancement for MIFA. Eagle will oversee the vision and execution of engaging the Memphis community to advance the nonprofit organization’s mission. He will lead a team to increase and enrich public awareness, volunteerism, outreach and stewardship to meet annual and long-term fundraising goals.

58. Knoxville’s Amazing Network of Trails, Parks and Waterways -

With the Great Smoky Mountains looming in the distance, and no shortage of ball fields and other outdoor recreation sites closer at hand, Knoxville and its surrounding communities don’t lack for recreational opportunities.

59. Dog Daycare Bringing New Life to East Memphis Retail Center -

A new doggy daycare and camp is coming to East Memphis.

Becky and Tim Simcoe have leased 8,875 square feet at the Balmoral Shopping Center at Quince Road and Ridgeway Road in East Memphis to open a Camp Bow Wow franchise.

60. 100 N. Main Keeps Power On for Another Month -

The head of the Downtown Memphis Commission says the skyscraper at 100 N. Main St. suffers from “weak” ownership and that the building would probably be better off with a new, deep-pocketed owner.

61. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

62. Jason Eagle to Lead MIFA’s Advancement Department -

Jason Eagle has been appointed vice president of advancement for MIFA. Eagle will oversee the vision and execution of engaging the Memphis community to advance the nonprofit organization’s mission. He will lead a team to increase and enrich public awareness, volunteerism, outreach and stewardship to meet annual and long-term fundraising goals.

63. Developer Arranging Financing for 100 North Main -

The owner of the skyscraper at 100 N. Main St. is closing in on a financing package to redevelop the building and will pay his utility bill as soon as the deal is complete, according to a review of public records.

64. Climate Change as Faith Issue a Tough Sell -

It’s been a tough few years for Tennessee Interfaith Power and Light. The state affiliate of a national network of faith communities, the organization offers its members a spiritual way to respond to climate change issues and challenges from political and other sources.

65. The Irish in Us -

BOOM. HERE’S TO THE IRISH. Recently, Ireland became the first country in the world to legalize same-sex marriage by popular vote. Ireland. Stereotypically, a country where conservative is a matter of degree not choice, where killing each other over religion isn’t current news but DNA, where progress is measured in pints.

66. Fed Sees Stronger Economy, Leaves Key Rate at Record Low -

WASHINGTON (AP) – The U.S. economy has strengthened since a slump early this year, the Federal Reserve said Wednesday, but it wants to see further gains in the job market and higher inflation before raising interest rates from record lows.

67. Local Investment Group Files $11.4 Million Loan -

Radiant Group of Properties LLC filed an $11.4 million loan with BancorpSouth Bank on June 14 for 14 of its retail properties around Memphis and Shelby County.

68. Hickory Hill Retirement Home Sells for $1.2 Million -

FLH Assisted Living Residences LP, a Tennessee limited partnership based in Collierville, purchased the Franklin Park retirement home located at 3393 Kirby Road in Hickory Hill on June 11 for $1.2 million.

69. Memphis City Council’s Distrust of Wharton Boils to Surface -

If it wasn’t obvious in five previous budget seasons, Memphis City Council members made the point clearer Tuesday, June 16, just before they delayed final city budget votes for another week.

They don’t trust the numbers and explanations they are getting from Memphis Mayor A C Wharton Jr. as they try to rearrange his $656.5 million budget that was proposed in April.

70. Sam’s Hamburgers in 100 N. Main Could Be Forced to Close -

Amjad “AJ” Odeh moved to Memphis in 1996 to partner with Osama Eltaych at the old Sam’s Hamburgers & More that was operating at 16 S. Front St.

71. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

72. Memphis' Tallest Building Faces June 24 Utility Cutoff -

The owner of the skyscraper at 100 N. Main St., the city’s tallest office building, has two weeks to pay the delinquent balance on the Memphis Light, Gas and Water Division bill before utilities will be disconnected, a move that would catch a popular Downtown restaurant in the crossfire, according to a an executive at the publicly owned utility.

73. MAA Outgrowing Its East Memphis Headquarters -

MAA has tapped Cushman & Wakefield/Commercial Advisors to explore its long-term corporate office needs.

The apartment-focused real estate investment trust says internal growth and the 2013 acquisition of Colonial Properties Trust means space at its East Memphis headquarters is getting tight.

74. Solana Senior Living Facility Sells for $65.5 Million -

8199 Poplar Ave.
Germantown, TN 38138

Sale Amount: $65.5 million

Sale Date: May 27, 2015

75. Wendy’s in Frayser Sells for $1.46 Million -

The Wendy’s franchise restaurant at 2221 Frayser Blvd. in Memphis sold May 20 for $1.5 million.

76. Evolve Bank & Trust Adds Executive Vice President -

Evolve Bank & Trust has added Mark Mosteller as its new executive vice president of accounting and finance.

77. YMCA of Memphis Buys Downtown YMCA for $2.9M -

The YMCA of Memphis & the Mid-South has purchased the Fogelman Downtown YMCA for $2.9 million, according to public records.

YMCA acquired the building at 245 Madison Ave. from Forum 245 Madison LLC, according to a May 27 warranty deed. In conjunction with the purchase, the organization filed a $2.1 million loan with Regions Bank, according to a May 26 deed of trust. Keith Johnson, president and chief executive of the YMCA of Memphis & the Mid-South, signed the deed of trust.

78. The Solana Germantown Bought For $65.5 Million -

An affiliate of a Fortune 500 real estate investment trust has bought a senior living facility in Germantown for nearly $65.5 million.

HCP Germantown LLC, an affiliate of health care-focused, publicly traded real estate investment trust HCP, bought The Solana Germantown facility at 8199 Poplar Ave. in Germantown from FSP-Germantown, an affiliate of Brookdale Senior Living, according to a May 27 warranty deed.

79. Bonnaroo Success ‘Testament to the Community’ -

Knoxville music promoter Ashley Capps – a big part of the brain trust that created Bonnaroo – really never needed the media to make the annual music and arts festival a success.

80. Memphis Library Foundation Crowdfunds for Cloud901 -

This week, the Memphis Library Foundation launched its first crowdfunding campaign to raise $10,000 for needed equipment in its new teen learning lab Cloud901, opening this fall.

Thanks to donors Jack and Sandra Jones, that $10,000 will be doubled, with their commitment to match up to $10,000.

81. Redbirds' Piscotty Adjusts Batting Approach in Search of Cardinals-Level Power -

When Stephen Piscotty was growing up in Pleasanton, Calif., he played one of those games that kids with big-league dreams play. Only, this game was a little different. It had to be. The backyard had an obstacle.

82. The Solana Germantown Bought for $65.5 Million -

An affiliate of a Fortune 500 real estate investment trust has bought a senior living facility in Germantown for nearly $65.5 million.

HCP Germantown LLC, an affiliate of health care-focused real estate investment trust HCP, bought The Solana Germantown facility at 8199 Poplar Ave. in Germantown from FSP-Germantown, an affiliate of Brookdale Senior Living, according to a May 27 warranty deed.

83. Salomon Joins Harkavy Shainberg -

Jason D. Salomon, one of the 25 lawyers in Tennessee certified as an estate planning specialist, has joined Harkavy Shainberg Kaplan & Dunstan PLC as a member of the firm.
Salomon focuses his practice primarily in the areas of estate planning, trust implementation and probate administration. He also addresses issues regarding disability planning, elder law, nonprofits and small-business succession.

84. 100 N. Main Owner Still Owes MLGW -

The owner of the city’s tallest office building still has not paid the Memphis Light, Gas and Water Division bill on the property, and an official with the publicly owned utility said the two sides remain engaged in talks.

85. Evolve Bank & Trust Adds Executive Vice President -

Evolve Bank & Trust has added Mark Mosteller as its new executive vice president of accounting and finance.

86. YMCA of Memphis Buys Downtown Facility for $2.9 Million -

The YMCA of Memphis & the Mid-South has purchased the Fogelman Downtown YMCA for $2.9 million, according to public records.

YMCA acquired the building at 245 Madison Ave. from Forum 245 Madison LLC, according to a May 27 warranty deed. In conjunction with the purchase, the organization filed a $2.1 million loan with Regions Bank, according to a May 26 deed of trust. Keith Johnson, president and chief executive of the YMCA of Memphis & the Mid-South, signed the deed of trust.

87. Regions Bank Taps New Area Wealth Executive -

Regions Bank has tapped Travis LeMonte to be its new area wealth executive for Regions Private Wealth Management in West Tennessee.

88. Wendy’s in Frayser Sells for $1.46 Million -

The Wendy’s franchise restaurant at 2221 Frayser Blvd. in Memphis sold May 20 for $1.5 million.

89. Cooper-Young Festival Poster Artist Chosen -

The Evolve Bank and Trust Cooper Young Festival has announced Midtown-based creative Gino Barzizza as the poster artist for the 2015 festival.

90. AutoZone Among Top 10 Arts-Supporting Businesses -

AutoZone Inc.’s commitment to the arts has earned it a place in Americans for the Arts’ top 10 business partners.

91. Graceland Nursing Center in Whitehaven Sells for $1.1M -

1250 Farrow Road LLC filed a $1.1 million special warranty deed for the Graceland Nursing Center located at 1250 Farrow Road in Whitehaven on May 21.

92. 100 N. Main Listed on National Historic Register -

The city’s tallest building has been added to the National Register of Historic Places, a designation that could allow tax credits and grants for the redevelopment of the building at 100 N. Main St.

93. Snapshot: Memphis-Based Public Companies -

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

94. 100 N. Main Could Lose Utilities -

The owner of the city’s tallest office building has until the end of the month to pay at least the past-due portion of the Memphis Light, Gas and Water Division bill on the property before potentially facing cutoff.

95. Graceland Nursing Center in Whitehaven Sells for $1.1 Million -

1250 Farrow Road LLC filed a $1.1 million special warranty deed for the Graceland Nursing Center located at 1250 Farrow Road in Whitehaven on May 21.

96. Supreme Court Clarifies Power of Bankruptcy Judges -

WASHINGTON (AP) – The Supreme Court says bankruptcy courts have authority to rule on disputes that fall outside the bankruptcy proceedings if the parties to the case consent.

The 6-3 ruling on Tuesday helps clarify the power of bankruptcy judges. That had been in question since a 2011 high court decision that limited their authority to decide non-bankruptcy issues.

97. 100 N. Main Listed on National Historic Register -

The city’s tallest building has been added to the National Register of Historic Places, a designation that could allow tax credits and grants for the redevelopment of the building at 100 N. Main St.

98. Wal-Mart's Push on Animal Welfare Hailed As Game Changer -

NEW YORK (AP) – Wal-Mart's push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say.

Though the steps are voluntary, Wal-Mart, which sells more food than any other store, has a history of using its retail muscle to change the way products are made and sold across the retail industry.

99. Cooper-Young Festival Poster Artist Chosen -

The Evolve Bank and Trust Cooper Young Festival has announced Midtown-based creative Gino Barzizza as the poster artist for the 2015 festival.

100. AutoZone Named in Top 10 of Arts-Supporting Businesses -

AutoZone Inc.’s commitment to the arts has earned it a place in Americans for the Arts’ top 10 business partners.