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Editorial Results (free)

1. Amazon, Macmillan Reach Multiyear Deal -

NEW YORK (AP) – Another major publisher has reached a multiyear deal with Amazon.com.

Amazon and Macmillan CEO John Sargent confirmed this week that they had agreed to terms for both print and electronic books. The deal will allow Macmillan to set prices for e-books, an arrangement known as the "agency model," and appears similar to agreements Amazon reached in the past two months with Hachette Book Group and Simon & Schuster. Authors at Macmillan range from Jonathan Franzen and Hilary Mantel to Oprah Winfrey and Bill O'Reilly.

2. Expanding East -

Tamp & Tap, the name of the popular Downtown coffee shop and restaurant, is an allusion to both espresso – which is tamped for compression before going into the machine – and also kegs of beer, which are tapped.

3. ITT Files $5.8M Loan on Cordova Building -

ITT Technical Institute has filed a $5.8 million loan on its Cordova campus.

ITT Educational Services Inc. filed the loan on the property at 7260 Goodlett Farms Parkway in Cordova through Cerberus Business Finance LLC, an affiliate of New York-based Cerberus Capital Management, according to a Nov. 25 deed of trust.

4. ITT Files $5.8 Million Loan on Cordova Building -

ITT Technical Institute has filed a $5.8 million loan on its Cordova campus.

ITT Educational Services Inc. filed the loan on the property at 7260 Goodlett Farms Parkway in Cordova through Cerberus Business Finance LLC, an affiliate of New York-based Cerberus Capital Management, according to a Nov. 25 deed of trust.

5. Elvis Presley Enterprises Applies for Hotel Building Permit -

3066 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $57 million

6. Collierville Station Sells for $600,000 -

The 8,900-square-foot Collierville Station retail center along West Poplar Avenue has sold for $600,000.

An entity named MD 695 Poplar LLC purchased the neighborhood shopping center at 695 W. Poplar in a Dec. 4 warranty deed from JW-Collierville LLC, PC-Collierville LLC, DB-Collierville LLC and SG-Collierville LLC, which collectively had owned it since 2008.

7. Riverdale Retail Center Fetches $1.4 Million -

A southeast Memphis retail center has been sold for $1.4 million.

City Storage East West Connector LLC sold the retail center at 5144 Riverdale Road to 5144 Realty LLC, according to a Nov. 26 warranty deed. The buyer, 5144 Realty LLC, is affiliated with New York-based Jaran Realty Corp. The seller, City Storage East West Connector, is affiliated with the Kevin Hyneman Cos.

8. Making a Statement -

One of the regional banking players in Memphis is Jackson, Miss.-based Trustmark Bank, which took a big step that made a statement in Memphis this year.

9. Collierville Station Sells for $600,000 -

The 8,900-square-foot Collierville Station retail center along West Poplar Avenue has sold for $600,000.

An entity named MD 695 Poplar LLC purchased the neighborhood shopping center at 695 W. Poplar in a Dec. 4 warranty deed from JW-Collierville LLC, PC-Collierville LLC, DB-Collierville LLC and SG-Collierville LLC, which collectively had owned it since 2008.

10. November Mortgage Volume Drops 14 Percent -

Looking at results from last month might suggest mortgage industry professionals are in the midst of a yearend slowdown, with phones not ringing quite as much as a result of interested buyers at the moment.

11. DeSoto Sears Distribution Center Up For Lease -

Struggling retailer Sears says it remains committed to the Memphis market despite that its 800,000-square-foot distribution center in Olive Branch is being marketed for lease.

Exeter Property Group recently began marketing the once-powerful retailer’s massive distribution center at 10425 Ridgewood Drive in Olive Branch for lease, a signal to some local real estate officials that Sears – which is facing significant financial and market headwinds – could be closing the center.

12. Riverdale Retail Center Fetches $1.4 Million -

A southeast Memphis retail center has been sold for $1.4 million.

City Storage East West Connector LLC sold the retail center at 5144 Riverdale Road to 5144 Realty LLC, according to a Nov. 26 warranty deed. The buyer, 5144 Realty LLC, is affiliated with New York-based Jaran Realty Corp. The seller, City Storage East West Connector, is affiliated with the Kevin Hyneman Cos.

13. Milhaus Acquires Highland Row Property -

44 S. Highland St.; 366, 374 and 380 Ellsworth St.
Memphis, TN 38111
Sale Amount: $4.3 million

14. Greater Imani Buys Broadmoor Property -

Greater Imani Baptist Church has purchased property from Broadmoor Baptist Church for $1.6 million.

Greater Imani acquired the Broadmoor property at 3824 Austin Peay Highway, according to a Nov. 3 warranty deed. Greater Imani filed a $2 million loan with Citizens Savings Bank and Trust Co. in conjunction with the purchase, according to a deed of trust filed the same day. William A. Adkins Jr., board president for Greater Imani, signed the deed of trust.

15. Anixter Moving Memphis Distribution Operations -

A leading supplier of communications and security products, electrical and electronic wire and cable, fasteners and other small components is relocating to a new Memphis distribution center.

Anixter International Inc., which is based in the Chicago area, has leased 100,000 square feet at 4001 Hickory Hill Road inside Memphis Distribution Center. Anixter will be relocating from 4580 S. Mendenhall Road, where DDN is expanding.

16. Greater Imani Church Buys Broadmoor Property -

Greater Imani Baptist Church has purchased property from Broadmoor Baptist Church for $1.6 million.

Greater Imani acquired the Broadmoor property at 3824 Austin Peay Highway, according to a Nov. 3 warranty deed. Greater Imani filed a $2 million loan with Citizens Savings Bank and Trust Co. in conjunction with the purchase, according to a deed of trust filed the same day. William A. Adkins Jr., board president for Greater Imani, signed the deed of trust.

17. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

18. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

19. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

20. Southwest Memphis Apts. Sell for $1.9 Million -

A southwest Memphis apartment complex has sold for $1.9 million.

An entity named AML 1003 LLC purchased the 64-unit Class D complex at 1952 Philsar St. from Longview Heights Partners, according to a Nov. 13 warranty deed. The seller is affiliated with The 1987 William Epstein Irrevocable Trust.

21. Homewood Suites Owner Files $2 Million Loan -

The owner of a Homewood Suites by Hilton in Southeast Memphis has filed a $2 million loan on the property.

DBG Hotels LLC filed the loan with Arvest Bank of Arkansas for the hotel at 3583 Hacks Cross Road, near the intersection with Winchester Road, according to a Nov. 4 deed of trust.

22. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

23. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

24. BankTennessee Celebrates 80 Years in Business -

The bank got its start in 1934 as First Federal Savings and Loan Association, founded by a group of local Memphis bankers and businessmen.

In 1997, its name was changed to BankTennessee. And this year, it’s celebrating its 80th anniversary – a milestone that finds the institution as a more expansive organization, coming off one of its most successful years in 2013, with a larger geographic footprint and a much more robust suite of products and services than it started with.

25. Southwest Memphis Apartments Sell for $1.9 Million -

A southwest Memphis apartment complex has sold for $1.9 million.

An entity named AML 1003 LLC purchased the 64-unit Class D complex at 1952 Philsar St. from Longview Heights Partners, according to a Nov. 13 warranty deed. The seller is affiliated with The 1987 William Epstein Irrevocable Trust.

26. Elvis Presley Enterprises Seeks $70 Million Building Permit for Hotel -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $70 million

27. SEC West Race Opens Up to Possibilities -

“One of the greatest drives in Alabama history, probably.”

Those were coach Nick Saban’s words after quarterback Blake Sims led the Crimson Tide on a 15-play, 76-yard put-away drive against Mississippi State. Before the drive, the lead was 19-13 Alabama. After it, 25-13. Though the Bulldogs would score a touchdown near game’s end and try an onside kick – Alabama won 25-20 – it was that drive that could be the defining memory when the College Football Playoff Selection Committee actually selects and seeds the final four.

28. Estates at River Pointe Owner Files $31.2M Loan -

The owner of the Estates at River Pointe apartment complex on Mud Island has taken out a $31.2 million loan on the property.

Knickerbocker Properties XXXIX, an affiliate of New York-based Sentinel Real Estate Corp., filed the multifamily deed of trust, assignment of leases and rents, security agreement and fixture filing Oct. 30 through Berkeley Point Capital LLC.

29. Trustmark’s Neal Finds Plenty to Like in CRE -

Trustmark National Bank senior vice president Rick Neal, who manages the bank’s commercial real estate efforts for the Memphis region, came to the bank in 2012 for a couple of reasons.

30. New Look -

A new season brings optimism – or marketing, if you want to be cynical about it – but also some reflective truth-telling.

Go back to this time last year for the University of Memphis basketball team. They were going to be really good, or maybe even great, because of the four senior guards. Those guards – Joe Jackson, Chris Crawford, Geron Johnson and Michael Dixon – were going to be leaders, defensive dynamos and 3-point sharpshooters.

31. Homewood Suites Owner Files $2 Million Loan -

The owner of a Homewood Suites by Hilton in Southeast Memphis has filed a $2 million loan on the property.

DBG Hotels LLC filed the loan with Arvest Bank of Arkansas for the hotel at 3583 Hacks Cross Road, near the intersection with Winchester Road, according to a Nov. 4 deed of trust.

32. Ask Your Parent the Difficult Questions -

Ray’s take: The whole idea of talking to your elderly parent about their finances and estate planning may make you feel slightly ill.

You may worry that they’ll think you’re invading their privacy, don’t trust their judgment or are trying to make a grab for their money, all of which seem like good reasons to put off that conversation. The more financially successful many parents are may make them more patriarchal.

33. Shelby County Mortgage Volume Up 2 Percent -

When Patriot Bank executive vice president Keith Barger surveys the local mortgage lending landscape, he sees demand improving and homebuyers increasingly flocking – successfully – to bargains in the housing market.

34. Historic Brewery Sold and Ready for Development -

The long-vacant Tennessee Brewery Downtown has been sold for $825,000 and could soon see new life.

The Tennessee Brewery LLC, a trust of the family that owns Memphis general contractor BHN Corp., sold the shuttered brewery at 495 Tennessee St. to 495 Tennessee LLC, according to a Nov. 5 warranty deed filed with the Shelby County Register of Deeds office.

35. Estates at River Pointe Owner Files $31.2 Million Loan -

The owner of the Estates at River Pointe apartment complex on Mud Island has taken out a $31.2 million loan on the property.

Knickerbocker Properties XXXIX, an affiliate of New York-based Sentinel Real Estate Corp., filed the multifamily deed of trust, assignment of leases and rents, security agreement and fixture filing Oct. 30 through Berkeley Point Capital LLC.

36. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

37. TDOT Delays Lamar, I-55 Interchange Projects -

Tennessee Transportation Commissioner John Schroer has delayed the construction of an Interstate 55 roundabout on E.H. Crump Boulevard that was to go to bid for construction in December.

And Schroer has delayed right of way acquisition for improvements on Lamar Avenue between Shelby Drive and the Mississippi state line.

38. Former Marriott Hotel Sells for $5.1 Million -

An East Memphis hotel has been sold for $5.1 million.

JPMCC 2007 CIBC19 Lodging 2625 LLC sold The Hotel Memphis at 2625 Thousand Oaks Blvd., near Perkins Road and Interstate 240, to Jubilee Hotels Group LLC, according to an Oct. 29 warranty deed.

39. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

40. Analysts: How GOP Congress Could Boost US Economy -

WASHINGTON (AP) – Voters made clear Tuesday that they're worried about the economy, despite steady job gains, a robust stock market and faster economic growth this year.

So what can – and should – the now-dominant Republicans in Congress and President Barack Obama do together to benefit more Americans?

41. Commercial Sales Rise in Third Quarter -

Commercial sales were up in the third quarter when compared to the same period last year, according to real estate information company Chandler Reports, www.chandlerreports.com.

42. Council Votes Down Whitehaven Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort-style hotel Elvis Presley Enterprises is building.

43. Courtyard Memphis East Sells for $11.7 Million -

Another East Memphis hotel has been sold, this one fetching $11.7 million.

The sale was part of a larger $1.1 billion deal New York City-based NorthStar Realty Finance Corp. announced in September to acquire 52 hotels across the country.

44. Tech Support -

As FedEx evolved, it developed its own technologies for moving packages around the globe, such as handheld devices that scan packages. When those devices experienced problems, FedEx technicians repaired them.

45. Courtyard Memphis East Fetches $11.7 Million -

The Courtyard Memphis East/Park Avenue has sold for $11.7 million as part of New York-based NorthStar Realty Finance Corp.'s $1.1 billion acquisition of 52 hotels nationwide.

46. Council Votes Down Elvis Presley Boulevard Car Lot -

The Memphis City Council voted down Tuesday, Nov. 4, the move of a used car lot on land owned by Graceland to a lot further north on Elvis Presley Boulevard near the new 450-room resort style hotel Elvis Presley Enterprises is building.

47. Former Marriott Hotel Sells for $5.1 Million -

An East Memphis hotel has been sold for $5.1 million.

JPMCC 2007 CIBC19 Lodging 2625 LLC sold The Hotel Memphis at 2625 Thousand Oaks Blvd., near Perkins Road and Interstate 240, to Jubilee Hotels Group LLC, according to an Oct. 29 warranty deed.

48. Midtown Cash Saver Property Sells for $5.3 Million -

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

49. TDOT Delays Lamar, I-55 Interchange Projects -

Tennessee Transportation Commissioner John Schroer has delayed the construction of an Interstate 55 roundabout on E.H. Crump Boulevard that was to go to bid for construction in December.

And Schroer has delayed right of way acquisition for improvements on Lamar Avenue between Shelby Drive and the Mississippi state line.

50. Austin Peay Gas Station Sells for $1.1 Million -

An Atlanta-based real estate investment firm has sold a local convenience store and gas station for $1.1 million.

Decatur Properties IV Inc. sold the gas station and store at 4861 Austin Peay Highway to Roopani Properties LLC, according to an Oct. 22 warranty deed. Roopani Properties secured a $1.2 million loan for the purchase through Fidelity Bank, according to a deed of trust filed the same day.

51. Sears Secures $7.3 Million Loan on East Memphis Store -

The parent company of Sears has taken out a $7.3 million loan on the store at 4570 Poplar Ave. in East Memphis, part of a broader effort to pump hundreds of millions into the struggling retailer.

52. Trustmark Sees Third-Quarter Net Income Gain -

Trustmark Corp.’s just-ended third quarter saw the bank grow its net income slightly.

The bank reported $33.6 million of net income, up 2 percent from the prior quarter and third quarter of 2013. During the first nine months of 2014, Trustmark’s net income totaled $95.5 million, up 6 percent from the prior year.

53. Southwind Animal Hospital Sells for $1.1 Million -

Southwind Animal Hospital, a veterinary clinic on Winchester Road in the Southwind area, has been sold for $1.1 million.

Southwind Veterinary Partners GP, which includes G. Noell Moseley, Barden A. Greenfield and Genie Hooker, sold the property at 7910 Winchester Road to Southwind Veterinary Holdings LLC, according to an Oct. 24 special warranty deed.

54. Turner Looks to Increase Professional Advancement in Commercial Real Estate -

Bob Turner has a diverse background in real estate, including long stints in both residential and commercial development.

55. Austin Peay Gas Station Sells for $1.1 Million -

An Atlanta-based real estate investment firm has sold a local convenience store and gas station for $1.1 million.

Decatur Properties IV Inc. sold the gas station and store at 4861 Austin Peay Highway to Roopani Properties LLC, according to an Oct. 22 warranty deed. Roopani Properties secured a $1.2 million loan for the purchase through Fidelity Bank, according to a deed of trust filed the same day.

56. Grizzlies Brass Has Challenge In Analyzing Player Minutes -

It took but a single game for one of the Memphis Grizzlies’ main dilemmas to present itself. Namely, what’s a coach to do when his starters are playing well and the bench is giving him almost nothing?

57. Trustmark Sees Third-Quarter Net Income Gain -

Trustmark Corp.’s just-ended third quarter saw the bank grow its net income slightly.

The bank reported $33.6 million of net income, up 2 percent from the prior quarter and third quarter of 2013. During the first nine months of 2014, Trustmark’s net income totaled $95.5 million, up 6 percent from the prior year.

58. Charitable Giving a Win-Win -

Ray’s take: The UBS Investor Watch “Doing Well at Doing Good” report released recently says, “In spite of the recent economic uncertainty, America's ‘giving gene’ remains intact, and donations of money have actually increased.”

59. Southwind Animal Hospital Sells for $1.1 Million -

Southwind Animal Hospital, a veterinary clinic on Winchester Road in the Southwind area, has been sold for $1.1 million.

Southwind Veterinary Partners GP, which includes G. Noell Moseley, Barden A. Greenfield and Genie Hooker, sold the property at 7910 Winchester Road to Southwind Veterinary Holdings LLC, according to an Oct. 24 special warranty deed.

60. Hidden Fundraising Challenges -

Not all fundraising challenges lie in the actions – or lack of action – by donors, board members, staff and volunteers. Some are hidden in plain sight. Consider the following.

The will to fundraise. If you don’t want to fundraise, don’t make it a priority, and don’t invest time and money in fundraising, chances are you don’t have the will to fundraise. Will and willingness are related, but not the same. Willingness is an attitude: will is the application of willingness. It is evident in the actions you take and don’t take. Do you visit with people in person? Do you ask for financial and in-kind support? Are you building a corps of fundraising volunteers, or do you try to do it yourself when you have the time?

61. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

62. Out-of-Patience Investors Sell Off Amazon -

NEW YORK (AP) — Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company's profits.

63. Sears Secures $7.3 Million Loan on East Memphis Store -

The parent company of Sears has taken out a $7.3 million loan on the store at 4570 Poplar Ave. in East Memphis, part of a broader effort to pump hundreds of millions into the struggling retailer.

64. I Choose Memphis: Edward C-W Harper IV -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Edward C-W Harper IV

65. Alexander vs. Ball -

Lamar Alexander and Gordon Ball were on the same campaign trail but different races at about this time 36 years ago.

66. Avoid These Perils Of Unintentional Salespeople -

If you are an owner or manager, odds are you are in sales to some degree – whether intentionally or not.

Unintentional salespeople may not think of their primary role as selling, but find they spend much of their day doing just that – from selling their expertise to ideas to products. Think about the entrepreneur who is selling his ideas to financial backers. Consider the business owner or manager who sells his services in virtually every personal and professional conversation, simply due to his belief in what he offers. Or how about those in professional service roles, like attorneys and doctors, who desire to grow their practices but prefer not to entrust others to market on their behalf?

67. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

68. Microsoft CEO Launches Diversity Training Effort -

SAN FRANCISCO (AP) – Still working to repair damage caused by his gaffe about women seeking pay raises, Microsoft CEO Satya Nadella has again apologized to employees and announced in a company-wide memo that all workers will receive expanded training on how to foster an inclusive culture.

69. Waterford Place Apartments Sells for $28.3 Million -

The 320-unit Waterford Place Apartments in Southeast Shelby County has sold to an entity affiliated with Chicago-based Trilogy Real Estate Group for $28.3 million, or about $88,438 per unit.

TMF III Waterford Place Partnership purchased the complex in an Oct. 16 special warranty deed from WRF-Waterford Place LLC, an entity related to Boston-based real estate investment trust Winthrop Realty Trust. Winthrop bought the property in April 2012 for $21.5 million.

70. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

71. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

72. Collierville Storage Facility Sells for $3.9 Million -

A California-based owner and operator of self-storage facilities has purchased a Collierville storage facility for $3.9 million.

LifeStorage, through an entity operating as SSTN 651 S. Rowlett Street LLC, acquired the 62,170-square-foot facility at 651 S. Rowlett St. from LottaStorage LLC, according to an Oct. 6 special warranty deed. The Shelby County Assessor of Property’s 2014 appraisal is $2.2 million.

73. Two Quotes to Inform Your Leadership -

This week we heard two expressions we are compelled to share with you, our readers. They are “The Fooling Yourself Theory” and “Don’t mistake my kindness for weakness.”

74. Acura of Memphis Owner Buys Dealership, Land -

2611 Ridgeway Road, 6055-6085 Acura Cove
Memphis, TN 38119
Sale Amount: $12.4 million

75. The Horizon Sells to Mississippi Developer for $13.5 Million -

A Mississippi-based developer has acquired the uncompleted Horizon condominium tower overlooking the Mississippi River in Downtown.

Dawn Properties Inc. of Hattiesburg, which is primarily involved in the acquisition, development and management of multifamily properties, has purchased the 16-story, 155-unit tower for $13.5 million and plans on completing the luxury condominiums.

76. Unequal Pay: Must Be a Lot of Good Karma Out There -

NEW YORK (AP) – Don't ask for a raise. Keeping quiet will give you "superpowers" that will translate into employer trust and other "good karma" that will eventually come back around to your purse.

77. Acura of Memphis Owner Buys Dealership, Land -

The owner of Acura of Memphis has paid $12.4 million for the East Memphis dealership and 25 acres of land.

Umansky Properties AOM LLC – led by Danny Umansky of Umansky Auto Group, which includes Acura of Memphis, Acura of Jackson, Tenn., and Wolfchase Hyundai – bought the properties in an Oct. 1 warranty deed from Tameron Properties Memphis LLC.

78. Investigation Urged in Crittenden Hospital's Closure -

A nonprofit's president wants a special grand jury called to determine if any crimes took place in connection with the closure of an Arkansas hospital.

Last month, Crittenden Regional Hospital in West Memphis closed after CEO Gene Cashman said it couldn't pay more than $30 million in debt. Employees have filed two lawsuits have been against the facility, claiming administrators withheld money from their paychecks for insurance but didn't pay their premiums this year.

79. McNeill Files Loans for Medical Office Park -

McNeill Commercial Real Estate, operating as Wolf River Kimbrough Partners, has filed two loans totaling $4 million for a planned medical office park.

McNeill filed for the loans with Financial Federal, according to two Oct. 1 commercial deeds of trust. Spence Ray of McNeill signed both deeds of trust.

80. Sen. Alexander Sheds Feel-Good Image in Tennessee Race -

NASHVILLE, Tenn. (AP) – Forget the syrupy, feel-good message so common to Lamar Alexander's past political campaigns. This time, the Tennessee Republican is going into attack mode.

With early voting in the U.S. Senate race set to kick off next week, the two-term incumbent has unleashed two television ads hammering his previously little-known Democratic opponent, Gordon Ball, as a proxy for President Barack Obama and as a "slick-talking personal injury lawyer."

81. Investigation Urged in West Memphis Hospital's Closure -

LITTLE ROCK, Ark. (AP) — A nonprofit's president wants a special grand jury called to determine if any crimes took place in connection with the closure of an Arkansas hospital.

Last month, Crittenden Regional Hospital in West Memphis closed after CEO Gene Cashman said it couldn't pay more than $30 million in debt. Employees have filed two lawsuits against the facility, claiming administrators withheld money from their paychecks for insurance but didn't pay their premiums this year.

82. Acura of Memphis Owner Buys Dealership, Land -

The owner of Acura of Memphis has paid $12.4 million for the East Memphis dealership and 25 acres of land.

Umansky Properties AOM LLC – led by Danny Umansky of Umansky Auto Group, which includes Acura of Memphis, Acura of Jackson, Tenn., and Wolfchase Hyundai – bought the properties in an Oct. 1 warranty deed from Tameron Properties Memphis LLC.

83. Brook Chase Apartments Sells for $31.1 million -

The 280-unit Brook Chase Apartments community in Germantown has been sold for $31.1 million.

Brook Chase Apartments Partnership LLC, an affiliate of Germantown-based Sentinel Real Estate Corp., sold the complex to G & I VIII Brook Chase LLC, an affiliate of New York City-based DRA Advisors LLC, according to an Oct. 3 special warranty deed. G & I VIII Brook Chase LLC also filed a $22.1 million loan with CBRE Capital Markets Inc., according to an Oct. 3 multifamily deed of trust.

84. McNeill Seeks Permits for Germantown Medical Offices -

1432 Kimbrough Road and 1468 Kimbrough Road
Germantown, TN 38138
Project Cost: $2.6 million

85. McNeill Files Loans for Medical Office Park -

McNeill Commercial Real Estate, operating as Wolf River Kimbrough Partners, has filed two loans totaling $4 million for a planned medical office park.

McNeill filed for the loans with Financial Federal, according to two Oct. 1 commercial deeds of trust. Spence Ray of McNeill signed both deeds of trust.

86. Financial Elements of the Innovation Process -

Innovation is a saturated field, but one with a hole in it. Many companies can generate thousands of potentially valuable ideas, but have no accepted cultural method for placing a value on them.

Many of these same companies can do Wicked Thinking, block out Business Model Canvases, and follow a Design Thinking Sprint, but they lack credible and concrete thinking about the financial side of their innovation concepts as the front-end process is progressing.

87. FedEx Shareholders Reject Proposal Over Redskins -

FedEx shareholders rejected a proposal that the shipping giant end or distance itself from its ties to the Washington Redskins.

The proposal from the Oneida Indian tribe was made Monday, Sept. 29, during the company's annual shareholder meeting in Memphis.

88. FedEx Donates $250,000 to Community College -

Transportation company Federal Express has announced its providing $250,000 to Mid-South Community College in West Memphis.

FedEx and college officials said Tuesday that the donation will be used to support an FAA-certified Aviation Maintenance Technology training program. The college plans to build a program-specific facility to increase the number of students it can train.

89. Pendulum Swings for Crieve Hall Clocksmith -

Scott Zaft “jumped the wall” and made it out of corporate America to a life in which he’s his own boss and lives in tick-tock precision down a steep driveway and to the rear of a 1950s Crieve Hall rancher.

90. Parting Thoughts -

Wade Bolton had a lot on his mind when he drafted his will in 1868.

Most of it had to do with a violent feud between his family and the Dickins family in which he was ultimately one of the victims of the violence – shot and fatally wounded in Court Square, less than a year after writing the will.

91. Beasley Looks to Reclaim Career With the Grizzlies -

Michael Beasley is at least worth the smallest of risks – being invited to Grizzlies training camp, signed to a nonguaranteed contract, in the position of competing for the one and only open spot on the team’s roster.

92. Fieldstone Apartments Owner Files Loan -

The owner of the 324-unit Fieldstone Apartments in the Southwind area has filed a loan on the property.

Fieldstone Apartments I LLC acquired a $13.5 million loan from Magna Bank for the apartment community at 3333 Hacks Cross Road, according to a Sept. 29 multifamily deed of trust. Michael A. Lightman is the registered agent for Fieldstone Apartments I LLC.

93. Life Church Files $16.4 Million Loan -

The Life Church of Memphis has refinanced its four campuses and the Cordova shopping center it owns for $16.4 million, according to a Sept. 25 commercial deed of trust.

The refinance through SunTrust Bank includes the 101,908-square-foot shopping center Life Church owns at 1800 N. Germantown Parkway, the former Victory University site at 255 N. Highland Ave., a Collierville location at 650 Houston Hill Road and a campus in Jackson, Tenn.

94. Williams-Sonoma Growth Highlights DeSoto Push -

In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.

95. FedEx Shareholders Reject Proposal Over Redskins -

FedEx shareholders rejected a proposal that the shipping giant end or distance itself from its ties to the Washington Redskins.

The proposal from the Oneida Indian tribe was made Monday, Sept. 29, during the company's annual shareholder meeting in Memphis. The Redskins and companies associated with the National Football League team have come under fire from Native American groups and others who say the team's name is an offensive racial slur. FedEx sponsors the Redskins home field, FedExField, in Washington, D.C.'s Maryland suburbs.

96. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

97. Why Rate Hikes are Good News for Stocks -

NEW YORK (AP) – It's no surprise that the prospect of a Federal Reserve rate hike worries stock investors.

The Fed's unprecedented economic stimulus has in large part driven a surge in stock prices since 2009. The central bank has bought trillions of dollars of bonds and kept short-term interest rates close to zero. That's allowed businesses and consumers to refinance their debt at lower rates, freeing up cash to spend.

98. Reese Road Apartments Owner Takes Out Loan -

The owner of the 76-unit Reese Road apartment complex at 2503 E. Reese Cove in Northeast Memphis has taken out a loan on the property.

99. Soft Skills for Emerging Leaders -

As a professional, as a leader, even as a brand ask yourself this critical question: are you empathetic? Do you have the genuine ability to “understand and share the feelings of another.”

100. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.