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Editorial Results (free)

1. Trustee Hosts Financial Literacy Events in April -

With April being Financial Literacy Month, Shelby County Trustee David Lenoir is set to host a series of events across the city including financial education workshops and movie screenings about predatory lending to increase awareness and education.

2. UT Board of Trustees Endorses Plan for Big Changes at School -

MEMPHIS, Tenn. (AP) – Faced with a projected $377 million funding gap over 10 years, the University of Tennessee has put together a plan that could mean some tough choices ahead for the school and its students.

3. Campbell Foundation Expands Board of Directors -

The Campbell Foundation, the charitable trust affiliated with Campbell Clinic, has added a new member to its board of trustees – Dr. John Weinlein.

He joined the Campbell Clinic staff as an orthopedic trauma surgeon in 2010. He also serves as a clinical instructor of orthopedic surgery in the University of Tennessee - Campbell Clinic Department of Orthopedic Surgery & Biomedical Engineering.

4. Mike Shildt: From College Walk-On To Memphis Redbirds Manager -

Any professional baseball player can tell you about the stigmas he has to fight. For one guy, it might be that he doesn’t hit with enough power. And for another it might be that he doesn’t make consistent enough contact.

5. Harris’ Bill Faces Opposition From Memphis City Council Members -

Legislation by Sen. Lee Harris requiring local governments to hold a referendum before they take on “extraordinary” debt could run into opposition from his own City Council and municipal leaders across Tennessee.

6. Tenn. Political Leaders Put Off Gas Tax Talk Despite Needs -

NASHVILLE, Tenn. (AP) – While political leaders in Tennessee agree on the growing need to bolster funding for road building and maintenance, there is little consensus about how go about doing it.

7. Developer Charlie Ryan Focusing on Central-Cooper Intersection -

765 Tanglewood St.
Memphis TN 38104
Sale Amount: $27,000

Sale Date: Feb. 9, 2015
Buyer: Charles S. “Charlie” Ryan
Seller: Cowles Development Company LLC
Details: Developer Charles S. “Charlie” Ryan has acquired a key piece of Midtown property.

8. Global Ministries Buys Riverdale Site for $1.3M -

Cordova-based Global Ministries Foundation has bought an 18-acre property at 3999 Riverdale Road from Union University Foundation LLC for $1.3 million, according to a Feb. 9 warranty deed.

9. BlueCross Minority Scholarship Deadline Nears -

A diversity scholarship for minority students pursuing careers in health care has been increased from $5,000 to $10,000.

The BlueCross Blue Shield of Tennessee Diversity Scholarship program is in its third year with three of the $10,000 scholarships to be awarded through the BlueCross BlueShield of Tennessee Community Trust and the Memphis chapter of the National Association of Health Services Executives.

10. High Flyer -

She does not want to tell this first story, the one that could have meant there would be no more stories. There is fear in sharing the story about how two airplanes nearly collided because she never wants to say anything that might dissuade people from flying.

11. A Word About Reality -

“REALITY JUST IS.” I stood in the bathroom in boxer shorts and shaving cream and cheered words coming from my radio – words good enough to overcome that image I just put in your head – words like these:

12. BlueCross BlueShield Minority Scholarship Deadline Nears -

A diversity scholarship for minority students pursuing careers in health care has been been increased from $5,000 to $10,000.

The BlueCross Blue Shield of Tennessee Diversity Scholarship program is in its third year with three of the $10,000 scholarships to be awarded through the BlueCross BlueShield of Tennessee Community Trust and the Memphis chapter of the National Association of Health Services Executives.

13. Social Media Now Integral to Protest -

It may not seem intuitive to connect intellectual property rights with a human tragedy, but the two intersect more often than we realize.

In the wake of the Charlie Hebdo massacre in Paris last month, people throughout the world showed solidarity with the victims via social media under the hashtag “#jesuischarlie.” The slogan “Je Suis Charlie” also became a rallying cry for many demonstrations that followed the attack.

14. Building Trust In Sales -

A key to sales success is identifying the prospect’s needs. But that knowledge doesn’t mean much if the potential relationship lacks a foundation of trust.

Smart buyers are generally willing to consider the guidance of salespeople provided trust has been established first. If a prospect trusts the seller, the first – and arguably hardest – step to success has been achieved. But how do you build trust with a prospect?

15. Global Ministries Acquires Riverdale Site For $1.3 Million -

Cordova-based Global Ministries Foundation has bought an 18-acre property at 3999 Riverdale Road from Union University Foundation LLC for $1.3 million, according to a Feb. 9 warranty deed.

16. Discernment: The Hallmark of Great Leaders -

A good leader must be good at decision-making. A great leader must be good at discerning prior to making that decision.

Discernment is the ability to go past the mere perception of something and understand people, things or situations clearly and intelligently, making judgments about nuances often obscure or overlooked by others. It is a skill that makes the difference between leadership and just being in charge.

17. Insure Tennessee Fails to Win Sound Bite Test -

Fresh off a resounding November re-election victory, Gov. Bill Haslam ran smack dab into the reality of Tennessee politics: The Republican Party abhors anything connected to President Barack Obama.

18. Planned Downtown Hotel Features Urban Design -

A new rendering of a proposed LaQuinta Inn & Suites hotel at Union Avenue and Danny Thomas Boulevard Downtown shows a more urban design than a previous stock rendering sent to city and county planners.

19. Are You a Hack Waiting to Happen? Your Boss Wants to Know -

NEW YORK (AP) – The next phishing email you get could be from your boss.

With high-profile security breaches on the rise, from Sony Pictures to Anthem, companies are on the defensive. And they want to make sure their employees are not a hack waiting to happen.

20. GAO: Veterans' Health Care Costs a 'High Risk' for Taxpayers -

WASHINGTON (AP) – Veterans' health care is a "high risk" budget issue that threatens to cost taxpayers tens of billions of dollars unless longstanding problems are addressed, government auditors warned Wednesday.

21. GOP Lawmaker Wants to Make Bible Official Book of Tennessee -

NASHVILLE, Tenn. (AP) – A freshman Tennessee lawmaker wants to make the Bible the "official state book."

Rep. Jerry Sexton, a Republican from Bean Station, is sponsoring legislation that would add the Bible to the state symbols of Tennessee.

22. Butler Snow Law Firm Expands in Nashville -

The Butler Snow law firm has launched an expansion of its Nashville office as the firm Walker, Tipps and Malone PLC joined the multi-state law firm based in Tennessee and Mississippi with offices in Memphis.

23. UAM's Keri Wright to Keynote Women & Business Seminar -

At age 18, she had her flight instructor’s certification. By 23, she was a corporate vice president and by 25 a chief operating officer.

Now 32, Keri Wright is chairman and CEO of Universal Asset Management, which buys, sells, leases, manages, disassembles and recycles a variety of commercial aviation assets from all over the world.

24. Taking Charge of Reviews -

In a perfect marketing world, consumers would trust what a company is selling, believing in the maxim “You get what you pay for.”

But trusting a brand’s word is no longer the final say in consumer decisions. Consumers increasingly are turning to social media and user-generated review sites to make purchasing decisions.

25. Shelby County Mortgage Market Dips Slightly in January -

Even though total mortgage volume in Shelby County dipped slightly in January, Magna Bank – among the top lenders for the month – actually grew its volume in during the month.

26. Fogelman Company Launching Retail Center in East Memphis -

6544 Poplar Ave.
Memphis, TN 38118

Permit Amount: $3.2 million

Permit Application Date: February, 2015

27. Bernie Madoff Trustee Returns $355 Million More to Investors -

NEW YORK (AP) – About $355 million distributed last week to investors cheated in Bernard Madoff's Ponzi scheme means over half of allowable claims have been paid in full, the trustee recovering money for investors announced Monday.

28. Midtown Five Guys Property Sells for $950K -

The Five Guys Burgers and Fries restaurant property on Union Avenue in Midtown has been sold for $950,000.

The Caruthers Group LLC sold the restaurant property at 2100 Union Ave. to a partnership including Gary E. Goodman and Sylvia Cossich Goodman of the Goodman Family Trust, Judy L. Vann of the July L. Vann Living Trust and Wayne Jon Stambler, according to Jan. 28 warranty deed.

29. Eastern Heights Apts. Sells for $3.4 Million -

An apartment development near Chickasaw Country Club has sold for $3.4 million.

Eastern Heights Partners, a Tennessee general partnership, bought the 130-unit Eastern Heights Apartments from Eastern Heights Apartments Ltd., according to a Jan. 23 warranty deed.

30. Hackers Access Records for Millions of Anthem Customers -

INDIANAPOLIS (AP) – Hackers broke into a health insurance database storing information for about 80 million people in an attack bound to stoke fears many Americans have about the privacy of their most sensitive information.

31. Staples Buys Office Depot for $6 Billion to Keep Pace With Change -

NEW YORK (AP) – Evolving shopping habits have forced yet another retailer to think outside of the box.

Staples, the nation's largest "big box" office supply chain, announced Wednesday that it's spending about $6 billion to buy its second-ranked rival Office Depot.

32. Eastern Heights Apartments Sells for $3.4 Million -

An apartment development near Chickasaw Country Club has sold for $3.4 million.

Eastern Heights Partners, a Tennessee general partnership, bought the 130-unit Eastern Heights Apartments from Eastern Heights Apartments Ltd., according to a Jan. 23 warranty deed.

33. Word of Mouth Still Crucial for Adding Sales -

Building the customer base of a small business is not the same challenge it was 10 years ago. As digital content grows and it becomes more affordable to access, business owners are competing with more voices to be heard by potential customers.

34. Federal Government Seeks National Conversation on Transportation -

WASHINGTON (AP) – Hoping to start a national conversation about future transportation needs, the Obama administration released a report Monday that identifies key population, environmental, cultural and technology trends expected to shape the way Americans get from one place to another over the next 30 years.

35. Shelby Farms Conservancy Seeks $7.2 Million in Permits -

6093 N Patriot Lake Blvd.
415 E. Patriot Lake Blvd.
Memphis, TN 38118
Permit Amount: $7.2 million

36. Consumers Fuel Steady US Economy as Rest of World Struggles -

WASHINGTON (AP) – There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness.

Companies have been hiring at healthy rates for the past year. Layoffs hover near historic lows. Auto sales are strong. Gas prices have sunk. Congressional budget fights have faded. Americans are increasingly confident.

37. Midtown Five Guys Property Sells for $950,000 -

The Five Guys Burgers and Fries restaurant property on Union Avenue in Midtown has been sold for $950,000.

The Caruthers Group LLC sold the restaurant property at 2100 Union Ave. to a partnership including Gary E. Goodman and Sylvia Cossich Goodman of the Goodman Family Trust, Judy L. Vann of the July L. Vann Living Trust and Wayne Jon Stambler, according to Jan. 28 warranty deed.

38. Leadership Lessons From the Duke -

The American Master of Music, Duke Ellington, also stands as an ideal role model of leadership for the emerging business and nonprofit world. As the global workplace moves toward open workspaces and sees the value of multidimensional team filled with hard-to-traditionally-manage creative professionals, a look into Ellington’s leadership style can inspire outstanding results.

39. Trustmark Grows Earnings in 2014 -

Trustmark Corp. has reported net income of $28.1 million for the fourth quarter, representing earnings per share of $0.42.

40. Sewing Seeds of Success at Sunflower Café -

Dreams, cancer, tofu, death, love, loyalty and the quest for good gut bacteria are parts of the story of the hidden little gem that is the Sunflower Café.

Nicole Kidman and Keith Urban are among those who have discovered this comfy vegetarian outpost, tucked behind the Twelve Oaks Motel in Berry Hill, where Chef Brian Storrs and his sister, Kimber Saunders, proselytize healthy eating.

41. Gasol An All-Star Starter; Conley, Z-Bo Just As Valuable -

Center Marc Gasol has broken through the glass ceiling that forever has hung above Memphis and the Grizzlies.

The NBA’s fans, a global group to be sure, shattered that glass by voting Big Spain into the Western Conference starting lineup for the Feb. 15 NBA All-Star Game. Naturally, there is pride about that in every corner of the Grizzlies’ locker room and in every corner of the city.

42. Trustmark Grows Earnings in 2014 -

Trustmark Corp. has reported net income of $28.1 million for the fourth quarter, representing earnings per share of $0.42.

43. NFL Players Find Second Careers as Entrepreneurs -

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.

44. Taxing Question -

With gas prices in a historic plunge, the idea of hiking state and federal gas taxes and fees to pay for transportation infrastructure improvements is gaining traction.

Democratic and Republican leaders in both chambers of Congress in recent weeks have signaled a willingness to approve an increase in the federal gas tax to help fund improvements to the nation’s crumbling roads and bridges. Meanwhile, a new statewide coalition has launched to support an increase and reform in Tennessee’s transportation fees.

45. NFL Players Find Second Careers as Entrepreneurs -

As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.

46. Hello, Josephine! -

Wikipedia indicates that a song written by Fats Domino and Dave Bartholomew “charted #7 on the Billboard R&B charts and #14 on the Billboard pop charts” in 1960. The actual title of the song was “My Girl Josephine,” although “in various cover versions,” it became known as “Hello Josephine.” It’s a bluesy number, easy to play on the guitar, and the lyrics begin:

47. Wal-Mart Launches Cash Pickup Option for Tax Refunds -

NEW YORK (AP) – Wal-Mart is launching a service allowing customers to pick up their tax refunds in cash at all stores nationwide.

It's the discounter's latest move to offer more financial services, which is seen as a path to bringing more shoppers to its stores.

48. Stonebridge Crossing Sells for $34.7 Million -

9300 U.S. 64
Lakeland, TN 38002
Sale Amount: $34.7 million

Sale Date: Jan. 5, 2015
Buyer: Lakeland Apartments TN Associates LLC
Seller: MRB Stonebridge LP
Loan Amount: $27.7 million
Loan Date: Dec. 15, 2014
Maturity Date: Feb. 1, 2025
Lender: Walker & Dunlop LLC
Details: An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

49. Community Building -

Almost three years ago, former elementary school art teacher Erin Harris saw a video about children in Memphis who were working with an artist to start a sculpture garden. She still recalls the happy sight of a few boys in the video throwing balloons filled with paint at an old fence, as well as the reaction the footage generated from her.

50. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

51. Lakeland Apartments Sell for $34.7 Million -

An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

Lakeland Apartments TN Associates LLC, which is affiliated with New York-based Somerset Partners LLC, bought the 432-unit apartment community at 9300 U.S. 64 from MRB Stonebridge LP, according to a Jan. 5 special warranty deed. The purchase price breaks down to around $80,324 per unit. The seller, MRB Stonebridge LP, lists the same address as Memphis-based Makowsky Ringel Greenberg LLC.

52. Despite Low Gas Prices, Gas Tax Hike Appears Unlikely -

WASHINGTON (AP) – The new Republican-controlled Congress is facing an old problem: where to find the money for highway and transit programs.

With gasoline prices at their lowest in years when the new Congress convened, there had been talk that it might be time to raise federal gas and diesel taxes, which haven't budged in more than 20 years.

53. Brewery Developer Calls for ‘Leap of Faith’ -

Crews could begin transforming the long-vacant Tennessee Brewery property Downtown later this year and the first residents could move in during the fall of 2016, a veteran developer told a Downtown development board Tuesday, Jan. 13.

54. Lakeland Apartments Sell for $34.7 Million -

An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

Lakeland Apartments TN Associates LLC, which is affiliated with New York-based Somerset Partners LLC, bought the 432-unit apartment community at 9300 U.S. 64 from MRB Stonebridge LP, according to a Jan. 5 special warranty deed. The purchase price breaks down to around $80,324 per unit. The seller, MRB Stonebridge LP, lists the same address as Memphis-based Makowsky Ringel Greenberg LLC.

55. Bank of Bartlett Buys Germantown Property -

1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million

Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.

56. Coalition Announces Effort to Preserve Nashville's Music Row -

NASHVILLE, Tenn. (AP) – Fresh off their successful effort to prevent the demolition of a Nashville studio that once recorded the likes of Elvis Presley, Willie Nelson and Waylon Jennings, advocates want to include all of the city's Music Row area in their preservation efforts.

57. Stonebridge Crossing Sells for $34.7 Million -

An affiliate of a New York-based real estate investment firm has bought the Stonebridge Crossing Apartments in Lakeland for $34.7 million.

Lakeland Apartments TN Associates LLC, which is affiliated with New York-based Somerset Partners LLC, bought the 432-unit apartment community at 9300 U.S. 64 from MRB Stonebridge LP, according to a Jan. 5 special warranty deed. The purchase price breaks down to around $80,324 per unit. The seller, MRB Stonebridge LP, lists the same address as Memphis-based Makowsky Ringel Greenberg LLC.

58. Phoenix REIT Purchases 2 Walgreens for $11.3 Million -

A Phoenix-based real estate investment trust has acquired two Walgreens stores from the retailer’s parent company.

ARCP WG Memphis TN LLC and ARCP WG Bartlett 5950 Stage Road LLC, both affiliates of Phoenix-based American Realty Capital Properties, acquired the Walgreens stores at 3670 Riverdale Road and 5950 Stage Road in Bartlett from the Walgreen Co. for $11.3 million, according to two Nov. 24 special warranty deeds.

59. Loeb Buys Former Peddler Bike Shop -

In addition to its recent purchase of the former Newby’s bar and restaurant space, an affiliate of Memphis-based Loeb Properties has acquired another key Highland Strip property for $500,000.

60. Cordova Retail Center Sells for $1.2 Million -

An affiliate of a Georgia-based real estate investment company has acquired a Cordova shopping center for $1.2 million.

CPT Berryhill LLC, which is affiliated with Marietta, Ga.-based Clifton Property Trust, bought the 17,500-square-foot Shops at Berryhill shopping center at 1890 Berryhill Road in Cordova from Berry Hill 169 LLC, an affiliate of Palm Beach Gardens, Fla.-based Ram Realty Services, according to a Dec. 30 special warranty deed. Ram Realty acquired the property out of default in 2010 for $400,000.

61. Loeb Pays $450,000 for Newby’s Property -

Memphis-based Loeb Properties paid $450,000 to acquire the Newby’s property on the Highland Strip near the University of Memphis.

Highland University District LLC, an affiliate of Memphis-based Loeb Properties, acquired 535 and 539 S. Highland St. from Paragon Bank, according to a Dec. 29 deed of trust.

62. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

63. Mid-South Community College, Arkansas State Trustees to Meet -

Arkansas State University trustees and Mid-South Community College trustees are both in West Memphis Friday, Jan. 9, for special meetings to discuss making the community college becoming part of the ASU system.

64. Cordova Retail Center Sells for $1.2 Million -

An affiliate of a Georgia-based real estate investment company has acquired a Cordova shopping center for $1.2 million.

CPT Berryhill LLC, which is affiliated with Marietta, Ga.-based Clifton Property Trust, bought the 17,500-square-foot Shops at Berryhill shopping center at 1890 Berryhill Road in Cordova from Berry Hill 169 LLC, an affiliate of Palm Beach Gardens, Fla.-based Ram Realty Services, according to a Dec. 30 special warranty deed. Ram Realty acquired the property out of default in 2010 for $400,000.

65. Tanger Outlets Confirms Southaven Involvement -

Tanger Factory Outlet Centers Inc. has confirmed what The Daily News first reported in December: It will play a key role in the development of a massive outlet mall in Southaven.

66. Loeb Buys Former Peddler Bike Shop -

In addition to its recent purchase of the former Newby’s bar and restaurant space, an affiliate of Memphis-based Loeb Properties has acquired another key Highland Strip property for $500,000.

67. Tennessee Brewery Redevelopment Plans Emerge -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

68. New Details Emerge About Tennessee Brewery Redevelopment -

The long-vacant Tennessee Brewery Downtown could be reborn as a largely residential project, according to new details about the pending redevelopment.

The development team behind the brewery project at 495 Tennessee St. is considering renovating the current building into residential units, the ground-up construction of a new residential building adjacent to the existing structure and a new parking garage with ground floor commercial space to be built directly across the street.

69. Batts Joins HealthChoice as Complex Care Manager -

Kenneth Batts has joined HealthChoice’s new Population Health team as complex care manager. In his new role, Batts will reach out to patients identified with complex medical needs to schedule home visits, where he’ll provide customized intervention and condition education, including goal setting, care coordination, and long-term support with the goal to achieve improvements in their health.

70. Loeb Pays $450,000 for Newby’s Property -

Memphis-based Loeb Properties paid $450,000 to acquire the Newby’s property on the Highland Strip near the University of Memphis.

Highland University District LLC, an affiliate of Memphis-based Loeb Properties, acquired 535 and 539 S. Highland St. from Paragon Bank, according to a Dec. 29 deed of trust.

71. The Preserve at Southwind Sells for $28 Million -

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million

Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

72. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

73. REIT Sells Three Memphis Properties for $7.2 Million -

A Texas-based real estate investment trust has sold three Memphis properties for $7.2 million.

Cobalt Industrial REIT II, an affiliate of Cobalt Capital Partners, has sold the properties at 4366, 4406 and 4436 Malone Road to Colfin Cobalt I-II Owner LLC, an affiliate of Santa Monica, Calif.-based Colony Financial Inc., according to a Dec. 18 special warranty deed.

74. REIT Buys Distribution Center for $14.5 Million -

A large distribution center in Southeast Memphis has traded hands for $14.5 million, and it’s another out-of-state real estate investment trust doing the buying.

Crown Memphis Associates LLC sold the distribution center at 4836 Hickory Hill Road to SIR Properties Trust, an affiliate of Massachusetts-based Select Income REIT, according to a Dec. 23 warranty deed. Select Income REIT primarily owns properties that are net leased to single tenants. Around 35 percent of SIR’s rents are from land the company owns in Hawaii that is under long term lease to clients with the remaining revenues coming from single-tenant office and industrial properties across the U.S.

75. Southwind Apartments Sell for $28 Million -

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

76. Crosstown Developers File $80.5 Million Loan -

The Crosstown development team has secured an $80.5 million loan on the property.

Crosstown Building Owner LLC filed the loan with SunTrust Bank, according to a Dec. 30 deed of trust. McLean Wilson, the Crosstown development team’s co-leader, signed the trust deed.

77. REIT Buys Distribution Center for $14.5 Million -

A large distribution center in Southeast Memphis has traded hands for $14.5 million, and it’s another out-of-state real estate investment trust doing the buying.

Crown Memphis Associates LLC sold the distribution center at 4836 Hickory Hill Road to SIR Properties Trust, an affiliate of Massachusetts-based Select Income REIT, according to a Dec. 23 warranty deed. Select Income REIT primarily owns properties that are net leased to single tenants. Around 35 percent of SIR’s rents are from land the company owns in Hawaii that is under long term lease to clients with the remaining revenues coming from single-tenant office and industrial properties across the U.S.

78. REIT Sells Three Memphis Properties for $7.2 Million -

A Texas-based real estate investment trust has sold three Memphis properties for $7.2 million.

Cobalt Industrial REIT II, an affiliate of Cobalt Capital Partners, has sold the properties at 4366, 4406 and 4436 Malone Road to Colfin Cobalt I-II Owner LLC, an affiliate of Santa Monica, Calif.-based Colony Financial Inc., according to a Dec. 18 special warranty deed.

79. Southwind Apartments Sell for $28 Million -

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

80. Fogelman Affiliate Files Loan on Former Cozymel’s Site -

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

81. Cordova Hotel Sells for $2.5 Million -

A Microtel Inn & Suites in Cordova has sold for $2.5 million.

Shiv Sai Ram LLC purchased the 66-room, three-story hotel at 2423 N. Germantown Parkway from Link-Paras LLC, according to a Dec. 15 warranty deed. The purchase price breaks down to around $37,878 per room.

82. St. Louis Fed Updates Memphis Board -

The Federal Reserve Bank of St. Louis has announced some changes to the board of directors of its Memphis branch, effective Jan. 1.

83. Owner Files $6.1M Loan on Former Cozymel’s Site -

A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis property.

Crown Centre LLC filed a $6.1 million loan with Financial Federal Bank for the old Cozymel’s Mexican Grill location at 6450 Poplar Ave. near International Paper’s campus in East Memphis, according to a Dec. 17 deed of trust.

84. Owner Files $6.1 Million Loan on Former Cozymel's Site -

A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis property.

Crown Centre LLC filed a $6.1 million loan with Financial Federal Bank for the old Cozymel’s Mexican Grill location at 6450 Poplar Ave. near International Paper’s campus in East Memphis, according to a Dec. 17 deed of trust.

85. Counterpart Experiences Big 2014 -

2014 was a particularly consequential year for Counterpart Communication Design. The marketing communications firm with offices in Memphis and Dallas grew its staff by almost 40 percent this year, for example, in addition to reimagining its creative department and adding a Web analysis team to meet constantly evolving digital needs.

86. St. Louis Fed Updates Memphis Board -

The Federal Reserve Bank of St. Louis has announced some changes to the board of directors of its Memphis branch, effective Jan. 1.

87. Cordova Hotel Sells for $2.5 Million -

A Microtel Inn & Suites in Cordova has sold for $2.5 million.

Shiv Sai Ram LLC purchased the 66-room, three-story hotel at 2423 N. Germantown Parkway from Link-Paras LLC, according to a Dec. 15 warranty deed. The purchase price breaks down to around $37,878 per room.

88. Two In-Rel Properties Fetch $16.8 Million -

6263 Poplar Ave. and
2670 Union Ave. Extended
Memphis, TN

89. 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.

90. 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.

91. 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.

92. 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.

93. Elvis Presley Enterprises Applies for Hotel Building Permit -

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

94. 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.

95. 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.

96. 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.

97. 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.

98. 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.

99. 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.

100. 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.