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1. Former Motel 6 Sells for $1.4 Million
- Tuesday, January 28, 2014
1321 Sycamore View Road
Memphis, TN 38134
Sale Amount: $1.4 million
Sale Date: Jan. 13, 2014
Buyer: P & S Hospitality LLC
Seller: G6 Hospitality Property LLC
Loan Amount: $1.1 million
Loan Date: Jan. 14, 2014
Maturity Date: N/A
Lender: Argent Bank
Details: The former Motel 6 at 1321 Sycamore View Road in Northeast Memphis has traded hands for $1.4 million.
2. Monticello Apartments Owner Files $9.3 Million Loan
- Friday, January 24, 2014
The owner of the 202-unit Monticello apartments at 3250 Kirby Parkway in Hickory Hill has filed a $9.3 million loan on the property.
3. Swinnea Warehouse Sold in Lieu of Foreclosure
- Tuesday, March 19, 2013
4550 Swinnea Road, Memphis, TN 38118
Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.
4. In-Rel Files Two Loans on Lynnfield Portfolio
- Thursday, March 14, 2013
A single-purpose entity related to Lake Worth, Fla.-based In-Rel Properties Inc. has filed a pair of $8 million loans on four Lynnfield Road office buildings in East Memphis.
5. Memphis Marriott Sells for $12.4 Million in Foreclosure
- Tuesday, February 12, 2013
2625 Thousand Oaks Blvd. Memphis, TN 38118
Sale Amount: $12.4 million
6. Cordova Presbyterian Plans to Build on Fay Road
- Tuesday, April 10, 2012
8707 Fay Road
Cordova, TN 38018
Permit Cost: $2 million
Permit Date: Applied March 2012
7. Memphis Medical Finances Park Tower
- Thursday, April 05, 2012
Memphis Medical Redevelopment Group LLC has financed Park Tower Apartments at 57 N. Somerville St. with a $3 million, 10-year trust deed through American Equity Investment Life Insurance Co.
8. Mixed Impact on Consumers From Fed's 'Twist'
- Friday, September 23, 2011
Operation Twist doesn't give consumers much to shout about.
The Federal Reserve's latest effort to boost the economy by driving down long-term interest rates won't have a big impact on home and car buyers, savers or credit card users.
9. 'A New Day'
- Monday, September 20, 2010
Marvell Mitchell has had it with numbers.
“I’ve read the numbers and I hear people talking about the recession but frankly, there’s an opportunity here,” said Mitchell, who owns Mitchell Technology Group LLC with his wife, Ledelle.
10. Financial Federal Helps Western Power Sports Grow
- Wednesday, May 05, 2010
Financial Federal Savings Bank has announced a pair of financing deals for Western Power Sports Inc. of Boise, Idaho.
11. AIG Sells Alico Unit to MetLife for $15.5 Billion
- Tuesday, March 09, 2010
CHARLOTTE, North Carolina (AP) - American International Group Inc. said Monday it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.
12. Better Prospects
- Tuesday, January 26, 2010
Real estate investor John Bogdasarian might be from Ann Arbor, Mich., but it didn’t take him long to discover that the intersection of American Way and South Perkins Road was once infamous for its proximity to the old Mall of Memphis.
13. Gov’t Extends New Aid Package To AIG
- Tuesday, March 03, 2009
WASHINGTON (AP) – The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company with another $30 billion in taxpayer money on an “as needed” basis.
14. AIG Takes $85B Deal from Fed
- Thursday, September 25, 2008
CHARLOTTE, N.C. (AP) - American International Group Inc. may have agreed to take the U.S. government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the nation's largest insurer faces an FBI investigation.
15. Archived Article: Real Recap
- Tuesday, June 14, 2005
1285 Channel Ave
Presidents Island Property Bought in Koch Deal
1285 Channel Ave.
Memphis, TN 38103
Cost: $6.8 million
Buyer: SemMaterials LP
Seller: Koch Materials Co.
Property: Two tracts totaling 15.43 acres at 1285 Channel A...
16. Archived Article: Real Recap
- Tuesday, February 15, 2005
Shelby Square Sells for $6.6 Million
near Shelby Drive
Cost: $6.6 million
Buyer: EIG Shelby Square LLC
Seller: Bennett V. York and Anderson-Tully Co.
Property: Shelby Square shopping center at Riverda...