» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'Capital Group' | Search again
DeSoto Public Records:4
Shelby Public Records:2
Editorial:100
West Tennessee:50
Middle Tennessee:52
East Tennessee:13
Other:0

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. Is Hot Market for IPOs Cooling? -

NEW YORK (AP) – A hot market for initial public offerings may soon face a cooler reception from investors.

IPOs are having their best start to a year since 2000. Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014. But demand for more offerings depends largely on the health of the broader market, and after last week's sell-off, the clamor from buyers may quiet down.

2. Commission Budget Season Begins Quietly -

Shelby County Commissioners began their budget season quietly with a first look in committee sessions last week at a $1.2 billion consolidated county budget proposal by Shelby County Mayor Mark Luttrell.

3. Startup Conference Prepares to Return to Memphis -

Final preparations are underway for the startup-focused Everywhere Else conference, which is returning to Memphis at the end of the month after its launch here last year and will bring entrepreneurs, investors and creatives from around the country to the Bluff City.

4. Manufacturing Grew More Quickly in March -

U.S. manufacturing grew at a slightly faster pace in March compared with February as factory output recovered from disruptions caused by severe winter weather. Manufacturers also received more orders, suggesting that production could strengthen a bit in the months ahead. The Institute for Supply Management, a group of purchasing managers, said Tuesday that its manufacturing index increased to 53.7 from 53.2 in February. Any reading above 50 indicates expansion.

5. Council Unhappy With Budget Plans So Far -

The administration of Memphis Mayor A C Wharton Jr. got a rough reception at the Tuesday, April 1, Memphis City Council session as it set the stage for Wharton’s budget proposal to come in two weeks.

6. US Manufacturing Grew More Quickly in March -

U.S. manufacturing grew at a slightly faster pace in March compared with February as factory output recovered from disruptions caused by severe winter weather. Manufacturers also received more orders, suggesting that production could strengthen a bit in the months ahead.

7. Industrial Portfolio Sells for $43 Million -

4550 Swinnea Road6005 Freeport Ave., 3399 E. Raines Road
Memphis, TN
Sale Amounts: $10.1 million; $14.8 million; $18 million

8. Crowdfunding on Tap for Local Filmmakers -

Since August, retired financial executives from the Memphis chapter of SCORE (Service Corps of Retired Executives) have been working in partnership with leaders from the Memphis-Shelby County Film and Television Commission to start an educational program for filmmakers.

9. Quality Inn Owner Files $1.5 Million Loan -

The owner of the 130-room Quality Inn at 42 S. Camilla St. in Midtown has filed a $1.5 million loan on the property.

10. Crowdfunding on Tap For Local Filmmakers -

Since August, retired financial executives from the Memphis chapter of SCORE (Service Corps of Retired Executives) have been working in partnership with leaders from the Memphis-Shelby County Film and Television Commission to start an educational program for filmmakers.

11. CB Richard Ellis Brokers Four Multifamily Sales -

The multifamily group at CB Richard Ellis Memphis has closed on the sale of four properties in the Memphis market over the last several weeks.

Briar Club Apartments, a 272-unit apartment community constructed in 1985, sold for $8.7 million, or $32,093 per unit. Cinnamon Trails Apartments, a 208-unit apartment community constructed in 1989, sold for $8.6 million, or $41,461 per unit. respectively. CBRE Memphis represented the sellers, Briar Apartments LLC and Cinnamon Apartments LLC in the sale to New York based Briar Club LLC and Cinnamon Trail LLC.

12. Memphis Bioworks Leads New Entrepreneurship Venture -

The Memphis Bioworks Foundation has been tapped to lead a new entrepreneurship venture in Memphis called The EPIcenter, the product of one of several so-called moon mission strategies of the Greater Memphis Chamber’s Chairman’s Circle.

13. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

14. Rardin Takes Trial Advocacy Training to Liberia -

Assistant Shelby County District Attorney General Kevin Rardin is leaving for Liberia next month for a week of trial advocacy training in the African nation.

For Rardin it is his latest venture in parts of the world with different criminal justice systems or systems that are just forming.

15. County Commission Approves Crosstown Funding -

Shelby County Commissioners approved Monday, March 10, $5 million in county funding for public infrastructure on the $180 million Crosstown redevelopment project.

The 11-1 vote came after it appeared twice that commissioners, including those supporting the funding, were ready to delay the decision for two weeks.

16. Lot Dearth Problematic for Builders -

A dwindling supply of developed lots could threaten the nascent local homebuilding rebound, according to homebuilders.

“It’s going to eventually sidetrack the recovery because there’s not enough lots being developed to replace the supply,” said Charles Morgan of Vintage Homes LLC.

17. Kroger: Storm Response Helped Boost Sales -

NEW YORK (AP) – Kroger said its ability to keep its supermarkets open and well-stocked as customers rushed to hoard groceries ahead of winter storms helped boost its results in the fourth quarter.

18. Lakecrest II Sells for $4.6 Million -

The Lakecrest II office building in East Memphis has changed hands again.

Southland Primacy LLC acquired the 129,104-square-foot office building at 6055 Primacy Parkway from Jefferson-Pilot Investments Inc. Feb. 28 for $4.6 million.

19. Obama Admin Drives Ahead With New Cleaner Gas Rule -

WASHINGTON (AP) – The Obama administration is driving ahead with a dramatic reduction in sulfur in gasoline and tailpipe emissions, declaring that cleaner air will save thousands of lives per year at little cost to consumers.

20. US Manufacturing Boosted by Orders and Stockpiles -

WASHINGTON (AP) – U.S. manufacturing expanded more quickly last month as companies received more orders and boosted their stockpiles.

A measure of production fell to its lowest level in nearly five years, likely a casualty of severe winter weather. But the rise in orders raises the possibility that factory output will rebound in coming months, economists said.

21. Transcripts Show Fed at Times Slow to Grasp Crisis -

WASHINGTON (AP) – The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.

22. Sector Capital Management Independent Again -

Three years after its acquisition by Argent Financial Group, Memphis-based Sector Capital Management is an independent company again.

Sector CEO Reed Walters led the negotiations to buy back the wealth management firm in the wake of Louisiana-based Argent going on something of an acquisition spree in recent years. Sector also has relocated from Argent’s office at The Crescent Center to the Atrium I building at 6800 Poplar Ave.

23. Butler Sevier Law Firm Expands Downtown -

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

24. Reedy Thriving As Housing Investments Skyrocket -

Jim Reedy began selling real estate in 1976 while he was a student at the University of Memphis, and within three years, he moved into selling investment properties.

25. Council Hears More on Police and Fire Budget Decisions -

Memphis City Council member got deeper Tuesday, Feb. 4, into the specifics of Memphis Police and Fire Department budget decisions.

But they didn’t get a clearer picture of what the direction forward will be as they and Memphis Mayor A C Wharton Jr. prepare to make some hard decisions about public safety in dealing with the city’s unfunded pension liability.

26. Beale Alterations Point to Possible Larger Changes -

As a brass band leading a lunch-hour parade on Beale Street last Friday passed Handy Park, a crew wearing the district’s new uniforms for maintenance workers were taking down the Performa Entertainment sign outlining the ground rules for the park area.

27. Legacy Wealth Management Grows Staff, Relocates -

Legacy Wealth Management is starting 2014 with a handful of new faces and a move to a new office soon.

New additions to the ranks at Legacy include Brent Westbrook, who’s joined the firm as managing director of business development and client service. He came to Legacy from Argent Financial Group and will be working to introduce Legacy’s services to individuals, families and business-sponsored retirement plans.

28. Destination: Memphis -

On a slow Sunday afternoon Downtown with the Broncos and Chargers NFL playoff game on a bar TV screen, a trio of 20-somethings – two men and one woman – watched the game, speculated about whether the Grizzlies were playing a few blocks away and quizzed one another about their plans for the future.

29. Library Foundation Honors Longtime Board Members -

Memphis philanthropist Honey Scheidt likes to describe the library as “the most democratic institution we have.”

That feeling informs her longstanding service on the board of the Memphis Library Foundation, the organization created in 1994 to organize and raise funds for what’s now known as the Benjamin L. Hooks Central Library.

30. Start Co. Forms New Investment Partnership -

Andre Mouton, director of investment at the Singapore-based boutique investment firm Angaros Group, traveled to Memphis last year to participate in the “Investor Day” for Seed Hatchery, the startup accelerator whose programming culminates with participating startups to make funding pitches to investors.

31. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

32. New Life -

When Rob Clark and his wife moved into their home in the historic Evergreen neighborhood in 1993, catalog and distribution operations were still active at the Sears Crosstown building.

That soon changed, and for roughly two decades the hulking property stood as a towering, painful reminder of the area’s faded glory.

33. KBM Group Growing at Clark Tower -

A digital marketing agency is expanding at Clark Tower in East Memphis.

KBM Group, which is part of Wunderman/WPP, one of the world’s largest marketers, is expanding at Clark Tower less than a year after moving into the East Memphis office building, 5100 Poplar Ave.

34. New Plan to Spur Entrepreneurship Growth -

On one of the first pages of a more than 80-page plan to kick start entrepreneurial growth in the Memphis area, a reader is greeted with a stark assessment.

“The Memphis economy is broken,” reads one of the bullet points within the newly released development plan called MEMx, a blueprint developed by Memphis-based Start Co. with help from the national JumpStart Inc. organization as well as with input from more than 200 Memphis partners and community leaders.

35. Midtown Medical Office Building Sells for $2.6 Million -

A partnership of two Utah-based companies has acquired a medical office building on Union Avenue near Overton Square.

Trivalis LLC and Novalis LLC, both based in Utah, acquired the medical office building built in 1967 at 2076 Union Ave., next door to the IHOP restaurant, for $2.6 million. The property, at the corner of Union Avenue and Florence Street, was appraised at $1.3 million in 2013, according to the Shelby County Assessor of Property’s office. The sellers, Missouri-based Roundabout Real Estate LLC and Visual Projects LLC, acquired the property in 2008 for $2 million.

36. French Quarter Inn Sells for $1.9 Million -

The long-vacant French Quarter Inn on Madison Avenue near Overton Square has been sold for $1.9 million, according to property records.

California-based NCE Realty and Capital Group LLC closed Dec. 31 on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street.

37. French Quarter Inn Sells for $1.9 Million -

The long-vacant French Quarter Inn on Madison Avenue near Overton Square has been sold for $1.9 million, according to property records.

California-based NCE Realty and Capital Group LLC closed Dec. 31 on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street.

38. Factory, Construction Growth Boost 2014 Outlook -

WASHINGTON (AP) – Expectations are rising for a stronger U.S. economy in 2014 after reports Thursday showed solid growth in manufacturing and construction spending at the end of last year.

39. Wunderlich Closes on $40 Million Investment -

Memphis-based Wunderlich Securities Inc. has closed on its equity capital investment of up to $40 million.

40. Orangetheory Fitness Signs New Lease In Stonecreek -

Orangetheory Fitness has signed a lease at Stonecreek Centre at Poplar Avenue and Forest Hill-Irene Road in Germantown.

Orangetheory Fitness will occupy 3,167 square feet at the location. Orangetheory Fitness is a workout method that is broken into intervals of cardiovascular and strength training while using heart rate monitors to keep heart rates in a targeted zone to stimulate metabolism and increases energy.

41. Wunderlich Closes on $40 Million Investment -

Memphis-based Wunderlich Securities Inc. has closed on its equity capital investment of up to $40 million.

42. Lindow Rejoins The Centre Group -

Tracy Lindow has rejoined The Centre Group human resources firm as a senior consultant following several years in Germany. As a senior consultant, Lindow will help organizations improve their bottom line through human asset development by leveraging compensations strategies, executive search, employee attitude research and leadership skills development.

43. Wunderlich Caps 2013 With Big Investment -

In October, Wunderlich Securities Inc. CEO Gary Wunderlich traveled to Washington to testify in front of a congressional panel about promoting capital formation and job creation on behalf of the Securities Industry and Financial Markets Association.

44. Overhaul Website Problems May Trigger Price Hikes -

Problems with the government's main health care overhaul website carry a bigger risk than frequent crashes: Higher prices could follow for many Americans if technical troubles scare off young people.

45. Shopping Center Group Moving to New Office -

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

46. Holiday Shopping Season: A Disappointment So Far -

NEW YORK (AP) – Sparse crowds at malls and "50 percent off" signs at The Gap, AnnTaylor and other stores give a clue as to how the holiday season is going.

This is shaping up to be the most discount-driven holiday season since the country was in a deep recession. It's also one of the most disappointing for stores.

47. Start Co. Joins Global Accelerator Network -

Start Co., the Memphis-based venture development group focused on grooming startup companies and their founders, is itself about to do some starting anew.

48. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

49. US Ban on High-Risk Bank Trades Approved -

WASHINGTON (AP) – U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.

50. Methodist Pays $22.5 Million for Germantown Facility -

7945 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $22.5 million

51. Solid US Job Growth Cuts Unemployment to 7 Percent -

WASHINGTON (AP) – The U.S. job market is proving sturdier than many had thought.

Solid job growth in November cut the U.S. unemployment rate to 7 percent, a five-year low. The surprisingly robust gain suggested that the economy may have begun to accelerate. As more employers step up hiring, more people have money to spend to drive the economy.

52. Durable-Goods Orders Fall 2 Percent in October -

Businesses spent less last month on machinery, computers and most other items, lowering orders for U.S. long-lasting factory goods. The decline suggests companies may have been reluctant to invest during the 16-day partial government shutdown

53. US Service Sector Grows at Slower Pace Last Month -

WASHINGTON (AP) – U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.

The Institute for Supply Management said Wednesday its service-sector index fell to 53.9 in November, down from 55.4 in October. Any reading above 50 indicates expansion. The index hit an eight-year high of 58.6 in August.

54. Americans Click for Deals on Cyber Monday -

NEW YORK (AP) – Power up and shop.

Millions of Americans took advantage of online deals ranging from free shipping to hundreds of dollars off electronics and half-price clothing Monday, which was expected to be the busiest online shopping day of the year.

55. Record Crowds Over Weekend, But Spending Declined -

NEW YORK (AP) – Retailers got Americans into stores during the start to the holiday shopping season. Now, they'll need to figure out how to get them to actually shop.

Target, Macy's and other retailers offered holiday discounts in early November and opened stores on Thanksgiving Day. It was an effort to attract shoppers before Black Friday, the day after Thanksgiving that traditionally kicks off the holiday shopping season.

56. Durable-Goods Orders Fall 2 Percent in October -

Businesses spent less last month on machinery, computers and most other items, lowering orders for U.S. long-lasting factory goods. The decline suggests companies may have been reluctant to invest during the 16-day partial government shutdown

57. Factory Production Rises 0.3 Percent in October -

U.S. factories increased production for a third straight month in October, as stronger output of primary metals and furniture offset declines in auto production.

Manufacturing output rose 0.3 percent last month, up from 0.1 percent in September, the Federal Reserve reported Friday. Factory output is the biggest component of industrial production, which also includes mining and utilities.

58. Factory Production Rises 0.3 Percent in October -

U.S. factories increased production for a third straight month in October, as stronger output of primary metals and furniture offset declines in auto production.

Manufacturing output rose 0.3 percent last month, up from 0.1 percent in September, the Federal Reserve reported Friday. Factory output is the biggest component of industrial production, which also includes mining and utilities.

59. Fairholme Offers to Buy Fannie, Freddie Businesses -

An investment firm is offering to buy from the government core businesses of mortgage giants Fannie Mae and Freddie Mac in a $52 billion deal.

Fairholme Capital Management made the proposal Wednesday to the Federal Housing Finance Agency, which oversees Fannie and Freddie.

60. CBRE to Acquire Norland for $400 Million -

LOS ANGELES (AP) – Real estate investment firm CBRE Group Inc. said Tuesday that it plans to acquire British commercial building engineering firm Norland Managed Services Ltd. in a mostly cash deal worth up to 300 million pounds ($480 million).

61. The Mighty Olive Opens at Laurelwood -

A new food and grocery business opening in the Laurelwood Collection this week will seek to draw in foodies and health-conscious shoppers with a distinctive product focus.

The concept behind The Mighty Olive is that of an artisan olive oil and vinegar market.

62. Campus Revival -

The University of Tennessee Health Science Center hosted a public information session on the development of its new campus plan last week at the Student-Alumni Center Dining Hall on its Midtown campus at 800 Madison Ave.

63. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

64. UT Health Science Center to Outline New Campus Master Plan -

The University of Tennessee Health Science Center is set to revamp its campus, and the school will host a public information session on the development of a new master plan Tuesday, Nov. 5, from 5:30 p.m. to 6:30 p.m. in the Student-Alumni Center Dining Hall, 800 Madison Ave.

65. Lunch Offers Networking for Entrepreneurs -

Difficult journeys are best undertaken with map in hand – or, barring that, some wisdom from an experienced traveler who has already made the same journey.

With that idea in mind, the Society of Entrepreneurs and EmergeMemphis are assembling a diverse set of business leaders this month for a networking lunch, where attendees will be able to pick the brains of the gathered veterans for insight and practical advice.

66. French Quarter Deal Collapses -

A Texas-based group had inked a deal to purchase the long-vacant French Quarter Suites Hotel near Overton Square, but the proposed sale fell through the cracks.

Austin, Texas-based ASC Management had until Oct. 31 to close on the purchase of the 105-room inn at the northeast corner of Madison Avenue and Cooper Street but did not complete the sale.

67. Martin Doesn’t Address Permanent Presidency Talk -

There is sentiment for University of Memphis interim president Brad Martin to drop the “interim” part of the title and become the next permanent leader of the city’s largest higher education institution.

68. Williams Honored by Tennessee Urban Forestry Council -

Laurie Williams, adult education coordinator at Memphis Botanic Garden, was recently awarded the Tennessee Urban Forestry Council’s President’s Award for her contribution to establishing and maintaining viable community forests in Tennessee. Williams was one of seven individuals the urban forestry council honored this year.

69. Building Negotiations Likely to Stray for Schools -

The Shelby County Schools board approved a specific framework Monday, Oct. 28, for negotiations with each of the future six suburban school systems on school buildings within their boundaries.

The specifics are 40-year leases for a specific list of schools for a “negotiated sum” that would “assist in offsetting the health and life insurances costs of currently retired school system employees.”

70. Lamar Avenue Storage Facility Sells for $1 Million -

An affiliate of Austin, Texas-based real estate investment firm World Class Capital Group has paid $1 million for the 63,740-square-foot A-AAA Key Mini Storage facility at 3951 Lamar Ave. in Oakhaven.

71. Retiring Moore ‘Transformed’ Chamber -

When John W. Moore took the reins of the Greater Memphis Chamber in 2005, the organization was at the end of its latest economic development campaign and financial resources were strained.

“We were in incredible financial distress when I took over,” Moore said. “We weren’t even going to make the next payroll and it was really scary, but the chamber now is on great financial footing thanks to the hard work of a great team.”

72. Performance Ranges Widely at Local Companies -

Here’s a snapshot of the recent performance of some of Memphis’ publicly traded companies – businesses that cast a shadow far beyond the Memphis city limits in industries including finance, package delivery and bioscience.

73. Memphis Economic Indicator Shows Business Optimism -

The results of the second Memphis Economic Indicator, a new survey measuring general business sentiment jointly produced by The Daily News and Dixon Hughes Goodman LLP, reflect a modest overall improvement in optimism among business leaders compared to last quarter’s survey results.

74. East Memphis Retail Center Sees Positive Lease Activity -

The Shops at Chickasaw Gardens, on Polar Avenue near the Benjamin L. Hooks Central Library, has seen good leasing activity recently.

Shark’s Fish and Chicken, an Arkansas-based restaurant chain, signed a lease for 2,330 square feet at 3183 Poplar Ave., taking the former Back Yard Burgers space. David’s Frames & Art renewed its lease for 3,080 square feet at 3151 Poplar Ave. Create A Cig, an electronic cigarette shop, will open soon at 3175 Poplar Ave.

75. Fisher Joins Boy Scouts Chickasaw Council as CEO -

Richard L. Fisher has joined the Chickasaw Council of the Boy Scouts of America as chief executive officer. In his new role, Fisher will extend character development and leadership skills to youth who live in the Chickasaw Council territory, which includes the Mississippi Delta, Memphis, and Shelby and Crittenden counties.

76. Miller: Toughness Key to Continued Success -

In a way, it’s almost as though Mike Miller went abroad on a special internship. I mean, really, that’s how big the gap is from playing for the Grizzlies in small-market Memphis to going to South Beach to play a defined role on a Heat team that would win two NBA championships behind LeBron James, Dwyane Wade and Chris Bosh.

77. Southern Airways Raising Capital for Growth -

Memphis-based carrier Southern Airways is raising a new round of capital to fund its plans for growth across the company’s five-state footprint.

Southern Airways Corp. chairman Stan Little said the next round of funding will help the company secure more aircraft, expand its routes and add other new resources. To date, funding came initially from private Mississippi investors, but the next level is being considered by a group of venture capitalists out of New York.

78. Medical Office Facility Sells for $5.9 Million -

7865 Educators Lane
Memphis, TN 38133
Sale Amount: $5.9 million

Sale Date: Sept. 26, 2013
Buyer: GA HC REIT II Bartlett TN MOB LLC
Seller: APD Investments LLC, Robert S. Biscan, The Colony Group LP and Amir H. Mehrabi
Details: An affiliate of Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has paid $5.9 million for the medical office building at 7865 Educators Lane in Northeast Memphis.

79. Raymond James Boosts Local Community Efforts -

A new website and a significant sponsorship are two of the latest ways Raymond James Inc. is demonstrating its commitment to Memphis.

80. Quail Hollow Building Owner Files $7.5 Million Loan -

The owner of the 96,096-square-foot office building at 6525 N. Quail Hollow Road in East Memphis has filed a $7.5 million loan on the property.

81. Cohen, Fincher Embody Washington Divide -

The two congressmen who represent Shelby County in Washington couldn’t disagree more on the cause of the government shutdown and its coming intersection with the national debt ceiling.

“It’s the Republicans that are the problem,” Democratic U.S. Rep. Steve Cohen said Monday, Oct. 7, before leaving Memphis to catch a flight for Washington. “It’s folly what they are talking about, and they know that now. … They wanted a government shutdown – yippee-ki-yay.”

82. Frayser Apartments Again Bought Out of Foreclosure -

An entity called MRC Memphis LLC has paid $1.2 million for the Whitney Manor and Frayser Manor apartment complexes in Frayser, following a foreclosure of the properties.

83. Council Gives Conditional OK to Southbrook Funding -

Memphis City Council members approved Tuesday, Oct. 1, $1.5 million in capital funding for renovations to Southbrook Mall in Whitehaven that are contingent on a legal opinion from the city attorney’s office on whether the use of the bond money amounts to a private use that is prohibited by the federal tax code.

84. City Council Gives Conditional Approval to Southbrook Mall Funding -

Memphis City Council members approved Tuesday, Oct. 1, $1.5 million in capital funding for renovations to Southbrook Mall in Whitehaven that are contingent on a legal opinion from the city attorney’s office on whether the use of the bond money amounts to a private use that is prohibited by the federal tax code.

85. Council Delays Sanitation Changes -

Memphis City Council members put off a final vote Tuesday, Oct. 1, on raising the city’s monthly solid waste fee until December citing an upcoming fix to the city’s pension fund liability crisis.

86. GTx to Lay Off 60 Percent of Staff -

Memphis-based GTx is laying off 60 percent of its employees, according to a filing with the U.S. Securities and Exchange Commission.

The company expects to complete the downsizing, which will impact 53 “non-executive employees,” by Oct. 31, according to an 8K filing with the SEC. That will leave about 35 people.

87. US Manufacturing Expands at Best Pace in 2.5 Years -

WASHINGTON (AP) – US factory activity expanded last month at the fastest pace in 2.5 years, an encouraging sign that manufacturing could lift economic growth and hiring in the coming months.

88. New Jersey Firm Buys Pendleton Place Apartments -

1780 Pendleton St.
Memphis, TN 38114
Sale Amount: $3.1 million

Sale Date: Sept. 11, 2013
Buyer: Pendleton Apartments LLC
Seller: Pendleton Investors LLC
Details: An affiliate of Teaneck, N.J.-based The Aspen Cos. has paid $3.1 million for the Pendleton Place Apartments at 1780 Pendleton St. in the Defense Depot area.

89. Start Co. Retools Website in Push to Evolve -

Start Co., a nonprofit working as a hub of public-private efforts to kick-start new entrepreneurial ventures in Memphis, has launched a new website as the group continues to shift from serving as a local startup resource to becoming a more robust venture development entity.

90. US Home Sales Hit 6.5-Year High but Could Slow Soon -

WASHINGTON (AP) – U.S. home sales rose last month to the highest level since February 2007 as buyers rushed to close deals before mortgage rates increased further.

Yet the gain could represent a temporary peak if higher rates slow sales in coming months.

91. A Welcome Divergence -

One of the most dominant themes prior to the financial crisis was the great convergence of global markets. Bond markets seemed to synchronize around a “global” rate regime and stock markets seemed to synchronize around “global” growth rates. What began with the disaggregation of European bond yields has now spread across asset markets as well.

92. Breathing Easy -

Ashton Place Rehabilitation & Health Center earlier in August opened its newly designated 14-bed private-room unit dedicated to decannulating patients with a tracheostomy due to an injury, chronic disease or other respiratory problems.

93. Council Approves Solid Waste Fee, Delays Vote On Handy Park Lease -

The Memphis City Council sent a proposed lease of Handy Park on Beale Street back to committee Tuesday, Sept. 3, for more discussion about the details.

And the council approved on the first of three readings a restoration of the city’s solid waste fee to $25.05 a month. But there were conflicting explanations about which part of an overhaul of sanitation services the restoration of the fee is supposed to be aimed at.

94. Pace of US Manufacturing Hit 2-Year Peak in August -

WASHINGTON (AP) – U.S. factories expanded last month at the fastest pace since June 2011 on a jump in orders. The report signals that manufacturing output could strengthen in coming months.

95. Woeppel Named CEO of UT Medical Group -

Charles “Chuck” Woeppel has been named chief executive officer of UT Medical Group Inc. Woeppel, who has served as the organization’s chief operating officer since 2012, will also continue in that role.

96. Influence1 Files $2.6 Million Loan for Former Bishop Byrne -

1475 E. Shelby Drive
Memphis, TN 38116
Loan Amount: $2.6 million

Loan Date: Aug. 23, 2013
Maturity Date: Aug. 23, 2024
Borrower: The Influence1 Foundation
Lender: Regions Bank
Details: The Influence1 Foundation, the Memphis-based organization that bought the former Bishop Byrne High School in June, has filed a $2.6 million loan on the property, at 1475 E. Shelby Drive in Whitehaven.

97. Court Case Shows Time’s Effect on Nineteenth Century Club -

There was a time when the outgoing president of the Nineteenth Century Club got a silver tea service at the end of her tenure.

That time lasted into the mid-1990s, when the custom became too expensive for a philanthropic organization whose membership had dwindled.

98. Nineteenth Century Club Hearing Continues -

Testimony continued for a third day Wednesday, Aug. 28, in the Shelby County Chancery Court hearing on the sale of the Nineteenth Century Club building.

At issue in the case before Chancellor Walter Evans is whether the sale to Union Group LLC was valid. Plaintiffs, some of whom are members of the nonprofit organization, are contesting it.

99. Four Memphis Startups Win Spots in ‘The TENN’ -

Memphis’ startup community continues collecting recognition beyond the city limits to go along with the steady attraction of new platforms, investments, mentors and programs for startups here.

100. Orders for Long-Lasting US Factory Goods Plunge -

WASHINGTON (AP) – Orders for long-lasting U.S. factory goods fell sharply last month as demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment.