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Editorial Results (free)

1. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

2. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

3. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

4. Community Oasis -

A visitor walking the winding, sun-dappled paths of Memphis Botanic Garden past stands of maple trees and beds of hydrangeas might never guess that there was a time when a black cloud hung low over the East Memphis attraction.

5. Community Health Systems Plans $3.9 Billion Acquisition -

Franklin, Tenn.-based Community Health Systems Inc. plans to spend $3.9 billion to acquire Health Management Associates Inc. in a deal that would create a giant U.S. hospital chain just as the health care overhaul starts funneling millions of newly insured people into the health care system.

6. Hudson's Bay Buying Saks for About $2.4 Billion -

NEW YORK (AP) – Don't let the global economy fool you: Luxury is hardly dead.

Saks Inc. agreed to sell itself to Hudson's Bay Co., the Canadian parent of upscale retailer Lord & Taylor, for about $2.4 billion in a deal that will bring luxury to more North American locales.

7. Canterbury Woods Owner Files Loan on Property -

The owner of the 400-unit Canterbury Woods apartments at 6520 Macon Road has filed a $9.8 million loan on the property.

8. Apperson Crump Expands in Triad III -

Memphis’ oldest continuously practicing law firm is expanding its presence in Triad III.

Apperson Crump PLC added 2,037 square feet to its seventh floor space in a vacant adjacent area between Silverleafe Capital Partners LLC.

9. Quiet Period Could Lead to Frisky Phase -

Buyer Intent Building By some analysis, the last two weeks have exhibited the lowest stock market volatility since 1986. While sideways markets are boring, they also reduce anxieties. On average, since 1980, the S&P 500 experienced intra-year declines of 15 percent.

10. Changing Market -

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.

11. I-Bank Tower on Poplar Sells for $14.4 Million -

5050 Poplar Ave. Memphis, TN 38117

Sale Amount: $14.4 million

Sale Date: Sept. 14, 2012

12. Medical Realignment -

Private practice is fast becoming a thing of the past, as physicians groups across the country scramble to align with large health care systems in a move largely driven by national health care reform.

13. Former Mall Acreage to be Industrial Development -

Acreage on Former
Mall of Memphis Site

Sale Amount: $2.7 million

Sale Date: April 18, 2012

Buyer: Memphis Industrial Properties LLC

14. Michael Hatcher & Assoc. Adapts to Shifting Customer Demands -

The average person probably wouldn’t associate the word “trendy” with landscaping, but Michael Hatcher certainly does.

15. Raymond James Declares Price for Stock Offering -

Raymond James Financial Inc., the soon-to-be-new parent of Memphis-based Morgan Keegan & Co. Inc., has announced the pricing of its public offering of 10.5 million shares of common stock at $34 per share.

16. Pricing Announced for Raymond James Stock Offering -

Raymond James Financial Inc., the soon-to-be new parent of Memphis-based Morgan Keegan & Co. Inc., has announced the pricing of its public offering of 10.5 million shares of common stock at $34 per share.

17. Raymond James statement on Morgan Keegan acquisition -

Raymond James Financial's official statement about the Morgan Keegan acquisition:

RAYMOND JAMES TO ACQUIRE MORGAN KEEGAN & COMPANY

ST. PETERSBURG, Fla. – Raymond James Financial, Inc. announced today that it has entered into a definitive stock purchase agreement to acquire Morgan Keegan & Company, Inc. and related affiliates from Regions Financial for $930 million, expanding both its private client wealth management and capital markets businesses.

18. Dallas Co. Pays $35M for Depot -

The Memphis Depot Business Park has sold for $35.8 million after being on the market for less than six months.

Memphis Depot Associates LLC, an affiliated entity of Dallas-based Mayfield Properties LP, on Friday, Aug. 5, bought 260 acres of property containing 4.2 million square feet in buildings in the industrial park and former Army base just north of Memphis International Airport from Depot Redevelopment Corp. of Memphis and Shelby County.

19. Dallas Co. Pays $35M for Depot -

The Memphis Depot Business Park has sold for $35.8 million after being on the market for less than six months.

Memphis Depot Associates LLC, an affiliated entity of Dallas-based Mayfield Properties LP, on Friday, Aug. 5, bought 260 acres of property containing 4.2 million square feet in buildings in the industrial park and former Army base just north of Memphis International Airport from Depot Redevelopment Corp. of Memphis and Shelby County.

20. Trinity Place Sells For Third Time In Five Years -

A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

21. Metropolitan Bank Experiences Strong 2010 -

One newspaper last year referred to Metropolitan Bank as the “the little bank that could.”

In 2010, Metropolitan was the little bank that did, much to the delight of its president and CEO Curt Gabardi, along with the rest of his executive team.

22. Metropolitan Bank Eyeing Banner Year, Expansion -

Metropolitan Bank was launched amid the financial crisis of 2008, but you couldn’t tell that from looking at its balance sheet and communications with shareholders.

23. Brighter Future -

The financial services industry in Memphis is apparently back to thinking about tomorrow, rather than simply making it through today.

Firms are hiring again, deepening their bench strength in key areas, recommitting to a focus on customer relationships – and, in some cases, once more turning a tidy profit.

24. Flintco Cos. Names Clawson Marketing Coordinator -

Beth Clawson has been named marketing coordinator for the Memphis office of The Flintco Cos. Inc. Clawson joined Flintco after serving as director of the American Heart Association’s Heart Walk in Memphis.

25. Commercial Real Estate Tumbles -

After a prolonged and prosperous ride, commercial real estate stumbled in the past year with no signs of regaining its balance anytime soon.

Just 998 commercial sales were made in Shelby County from August 2007 through July 2008, down 17.6 percent from 1,211 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

26.  Metropolitan BancGroup Acquires Bancsouth Financial -      Metropolitan BancGroup Inc. has concluded its acquisition of Bancsouth Financial Corp. and its subsidiary, Bank of the South. The bank also has completed its acquisition of a Tennessee state bank charter.
  

27. Archived Article: Ce Ware (lead) - Senior Living Facility Coming to South Memphis

Senior Facility Adds to Housing Options

South Memphis group plans second independent living complex

LANCE ALLAN

The Daily News

As the population ages, the need for new housing options is ...

28. Archived Article: Daily Digest - Lottery chooses

Lottery chooses

PR/marketing firms

The Tennessee Education Lottery Corp. Wednesday named a group of firms led by Nashville-based public relations agency Dye Van Mol & Lawrence to handle statewide public relations and mar...

29. Archived Article: Tbc P2 - TBC completes Mueller Tire purchase TBC completes Mueller Tire purchase TBC Corp. closed its acquisition of Mueller Tire & Brake, a move TBC said should boost its earnings within a year and expand the market for its Florida-based Tire Kingdom un...

30. Archived Article: Marketplace - Fly your own plane to your next meeting, kind of Ever dream of owning an airplane? Pieces for sale now By SUE PEASE The Daily News One of Kelly Durhams goals as an executive who travels extensively was to buy his own plane and fly himself and busine...

31. Archived Article: Real Review - Allen & OHara, Fremont Realty Allen & OHara, Fremont Realty team up for national acquisitions Allen & OHara Inc. has entered into a strategic partnership with Fremont Realty Capital LP to capitalize Education Properties Trust LLC, an acq...

32. Archived Article: Tech Briefs - ITT Technical Institute-Memphis began enrolling students in two new associates degree programs Computer and Electronics Eng ITT Technical Institute-Memphis began enrolling students in two new associates degree programs Computer and Electronics Engin...

33. Archived Article: Trustmark P.2 - Trustmark marks record yearly earnings Trustmark marks record yearly earnings Trustmark Corp. announced record earnings of $101.7 million for the year ended Dec. 31. Basic and diluted earnings per share in 2000 were $1.50, up 10.3 percent compared t...

34. Archived Article: Real Briefs - The Memphis Area Association of Realtors has awarded its most prestigious honors for 1999 The Memphis Area Association of Realtors has awarded its most prestigious honors for 1999. L.A. Westley of Westley and Associates Inc. was named Realtor of the...

35. Archived Article: Tech Focus - Toy wars Toy wars Traditional toy retailers find the Internet a promising new frontier By KATHLEEN BURT The Daily News The battle between two equally formidable sides is moving to the speed of light. Unlike ventures such as eToys, which operate sole...

36. Archived Article: Tech. Focus Chg - Going once, twice, gone Going once, going twice Online auctions offer Internet users chances to bid on items ranging from computer equipment to antiques By CAMILLE H. GAMBLE The Daily News With the use of new technology, auction lovers may find they...