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Editorial Results (free)
1. Bright Spot
- Friday, December 20, 2013
The Memphis multifamily market turned in a strong performance during 2013, with enhanced investor interest and new units under construction.
Blake Pera, senior vice president of CB Richard Ellis Memphis’ multifamily division, classified the multifamily market in 2013 as healthy and continuing to improve.
2. Apartment, Retail Markets Holding Steady
- Friday, November 01, 2013
The Memphis area multifamily and retail markets continue to chug along, with the newer, more upscale products in each sector propping up both overall markets.
Those trends and others in commercial real estate will be the subject of discussion Thursday, Nov. 7, during the 2013 Commercial Real Estate Review & Forecast, one of six seminars in The Daily News’ 2013 Seminar Series.
3. Banks' Earnings Pop Masks Deeper Concerns
- Thursday, July 18, 2013
NEW YORK (AP) – Major U.S. banks have turned in big profit gains this season, but the news isn't all good.
Much of the earnings increase is coming from cutting costs, rather than growing their core lending businesses. A boom in mortgage refinancing looks like it's about to peter out. And regulators are considering stricter new rules that would force the banks to shore up their cash.
4. Panther Properties Buys Two Cordova Apartments
- Tuesday, April 02, 2013
2350 N. Houston Levee Road and 2323 N. Houston Levee Road
5. Panther Properties Buys Two Cordova Apartments
- Monday, April 01, 2013
Woburn, Mass.-based Panther Properties Investment LLC has bought a pair of Cordova apartment complexes – the Villas at Grays Creek and the Carrington at Houston Levee – for a combined $44.8 million.
6. Q2 Foreclosures Hold Steady
- Thursday, July 15, 2010
Shelby County foreclosures increased slightly in the second quarter (April through June) compared to Q2 2009 but declined from the first quarter of 2010.
There were 1,384 properties seized in Q2, up 2 percent from 1,353 in Q2 2009 and down 4.3 percent from 1,446 in Q1, according to quarterly figures from real estate information company Chandler Reports, www.chandlerreports.com.
7. Multifamily Owner Defaults On $19.5M Loan
- Friday, May 07, 2010
In what has become a common theme in the multifamily industry, another pair of large apartment complexes will be sold on the courthouse steps.
The Waterford Pointe Apartments at 5045 Airways Blvd. in Whitehaven and the Carrington Manor Apartments at 4805 Winchester Road in Oakhaven have been foreclosed, according to a first-run notice in today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.
8. Luxury Apartments Under Way in Cordova
- Monday, March 31, 2008
A new multifamily product in Cordova is under way on the west side of Houston Levee Road near Pisgah Road. Stockbridge, Ga.-based Davis Development Inc. has filed a $16.2 million construction loan for Carrington Park, a 226-unit luxury apartment complex, according to The Daily News Online, www.memphisdailynews.com.
9. Elvis Presley EnterprisesBuys 9.5 Acres in Whitehaven
- Monday, December 03, 2007
Elvis Presley Enterprises Inc. has bought two parcels totaling 9.5 acres near Graceland in Whitehaven through two transactions.
The first was the purchase of 5.53 acres from Roluwa Realt
10. $1.5 Million Land Transaction Heralds New Cordova Apartments
- Wednesday, February 14, 2007
Davis Development Inc., an apartment development company based near Atlanta, has bought two parcels on Houston Levee Road near Pisgah Road in Cordova and plans to build luxury apartment complexes on each.
11. Archived Article
- Tuesday, January 09, 2007
1715 Aaron Brenner Drive
Memphis, TN 38120
Sale Amount: $38.1 million
Sale Date: Dec. 11, 2006
Buyer: PKY Fund Memphis I LLC
12. Archived Article
- Tuesday, April 04, 2006
Six lots in
Wolf River Ranch
Loan Amount: $6 million
Loan Date: March 24, 2006
Maturity Date: Aug. 31, 2006
13. Archived Article
- Tuesday, September 13, 2005
5300 Hickory Hill Road
Memphis, TN 38141
Cost: $18.8 million
Borrower: DCT Eastpark I LP and Ark Eastpark I LLC
14. Alliance RT FinancesApartment Communities
- Thursday, September 08, 2005
Alliance RT LP has financed the Waterford Pointe apartments at 5045 Airways Blvd. and Carrington Manor apartments at 4805 Winchester Road through Wachovia Bank NA for $21.3 million. Alliance bought the properties from Mid-America Apartments LP in 200
15. Archived Article: Trends Focus
- Monday, July 12, 2004
Memphis Lottery Sales Slack Off, Retailers Say
The Daily News
When Tennessee Lottery officials make their second transfer of proceeds to the Tennessee Lottery for Education fund next week, the total is expected to app...
16. Archived Article: Newsmakers
- Wednesday, June 16, 2004
CHILDRENS MUSEUMS ADDS TO BOARD OF TRUSTEES
Childrens Museum Names New Board Members
The Childrens Museum of Memphis announced the following additions to its board of trustees: Jon A. Bascum, vice president of information technology, AutoZone;...
17. Archived Article: Real Recap
- Tuesday, October 07, 2003
31 acres near
Firm Finances, Refinances Apartments
31 acres near
Cost: $22 million
Borrower: Windyke Park Associates LP
Lender: AmSouth Bank
Trustee: FMLS Inc.
Property: 31 acres of unimproved land located at ...
18. Archived Article: Cutline
- Wednesday, March 13, 1996
cutline William Carrington Jones signs in with his local precinct at Lindenwood Christian Church on East Parkway, preparing to vote in the primaries. Turnout for Super Tuesday was expected to be low. ...