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Editorial Results (free)

1. Iberiabank Announces New Branch Managers -

Iberiabank has announced branch managers for the new bank branch locations it got as a result of the recent Trust One Bank acquisition.

2. Ongoing Rape Kit Backlog Fallout Expands -

The ongoing fallout from the backlog of untested rape kits is beginning to develop some boundaries and dividing lines as it moves into federal court and expands outside court to include a backlog of 300 rape kits by the Shelby County Sheriff’s Department.

3. First-Quarter Business Licenses Up 21.8 Percent -

The number of business licenses issued by the Shelby County Clerk’s Office in the first quarter of 2014 was 21.8 percent higher than the same period in 2013.

From January through March of 2014, there were 1,630 business licenses issued, as compared to 1,338 for that time frame in 2013.

4. Pinnacle Apartments Sell for $3.8 Million -

An affiliate of Woodbury, N.Y.-based CLK Properties has paid $3.8 million for the 118-unit Pinnacle Apartments at 305 S. Bellevue Blvd. in Midtown.

5. March Building Permits Drop 35 Percent -

Homebuilding declined significantly in March compared to a year ago, with builders filing 35.2 percent fewer permits than last year.

Builders pulled 57 permits in March, down from 88 permits in March 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 57 permits filed by builders in March was down from 67 permits filed in February.

6. Winter Drags Down Q1 Building Permits -

Shelby County’s homebuilding industry, plagued by poor weather early in 2014, got off to a slow start in the first quarter, with builders filing 14.2 percent fewer permits than in the same three-month period a year ago.

7. Shelby County Home Sales Up 6 Percent in March -

Shelby County home sales increased in March when compared to the same month last year.

Shelby County recorded 1,191 home sales in March, up 6 percent from the 1,127 homes sold in March 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 1,191 homes sold in March is up from 983 homes sold in February.

8. Housing Market Stumbles in First Quarter -

Shelby County home sales slowed in the first quarter when compared to the same three-month period in 2013.

Shelby County recorded 3,270 home sales in the quarter that ended March 31, down 3 percent from the 3,383 homes sold in the first quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

9. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

10. Restivo Group Moves to New Midtown Digs -

The Restivo Group Realtors has expanded into new offices at 1861 Madison Ave. in the landmark Gilmore Building.

11. Second Rape Kit Lawsuit Names More Officials -

The second federal lawsuit since December over the Memphis Police Department’s backlog of 12,000 untested rape kits casts a wider net of defendants than the first lawsuit, including the current and former Memphis police directors and the current and former district attorneys general.

12. Second Lawsuit Filed Over Rape Kit Backlog -

Three women allegedly raped by Anthony Alliano during a string of rapes in the Cordova area covering a decade have filed suit in Memphis Federal Court over the delay in testing their rape kits.

It is the second federal lawsuit filed against the city of Memphis since December over the backlog of more than 12,000 untested rape kits police acknowledged in November after initially putting the backlog of rape kits at 2,000 in August.

13. Tasty Transformation -

Goodbye, “31 Flavors.” Hello, “40 Flavors.”

A new Baskin-Robbins store at 1168 N. Houston Levee Road in Cordova is the first in the Memphis area to feature a new store concept, including offering 40 different frozen flavors instead of the traditional 31.

14. School Board Approves $52.6 Million Capital Ask -

Shelby County Schools board members have approved 25 sets of attendance zone changes for the first school year of the demerger and sent a $52.6 million capital “ask” for the current fiscal year to the Shelby County Commission for consideration.

15. Georgian Woods Apartments Sell for $3.9 Million -

118 St. Agnes Drive
Memphis, TN 38112

Sale Amount: $3.9 million

Sale Date: March 14, 2014

Buyer: Georgian Woods Property Owner LLC

16. School Board to Vote on $52.6 Million Capital Funding -

Shelby County Schools board members take up a $52.6 million capital funding request Tuesday, March 25, that superintendent Dorsey Hopson would take to the Shelby County Commission for funding.

And the board votes as well Tuesday on setting attendance zones for the school year that begins in August – the first school year of the demerger into six suburban school systems as well as a Shelby County Schools system that becomes the city of Memphis and the unincorporated areas of Shelby County.

17. Highland Church of Christ Files Permit for Addition -

Highland Church of Christ at 400 N. Houston Levee Road in Cordova has filed a $3 million permit with the city-county Office of Construction Code Enforcement to expand its church campus.

18. Backlog Backlash -

The first thing Veronica Coleman-Davis wanted to do was take a look at where thousands of untested rape kits had been stored over the last 30 years.

The former U.S. attorney is investigating how the backlog came to be. It’s an effort that, until her appointment in February by Memphis Mayor A C Wharton Jr., had been pointed at clearing the backlog with no answers from any of the players in the criminal justice system about how the backlog happened in the first place.

19. Shelby County Building Permits Down Slightly in February -

With bitterly cold temperatures lingering over the Memphis area last month, homebuilders pulled slightly fewer housing permits in February when compared to the same month last year.

Shelby County homebuilders filed 67 permits in February, down from 73 permits in February 2013 but up slightly from 64 permits filed in January, according to real estate information company Chandler Reports, www.chandlerreports.com.

20. Hopson Says Common Core Waiver is Option -

Shelby County Schools could seek a waiver from the state to continue using Common Core state education standards if the Tennessee Legislature suspends the use of the standards.

“As our world changes … this is really where we need to be,” Shelby County Schools superintendent Dorsey Hopson told school board members Tuesday, March 18. “If this is where the country is going – 45 of the states are going – and ultimately all states are going there, I think it really sets our kids back if we say, ‘Well, not you kids. We’re going to wait for a couple of years.’”

21. School Board Reviews $52.6 Million Capital Ask, Altered Attendance Zones -

The Shelby County Schools board votes next week on a $52.6 million capital funding ask of the Shelby County Commission designed to get in under the wire before all school funding from the county has to be divided based on average daily attendance including that of the six suburban school districts.

22. Georgian Woods Apartments Sell for $3.9 Million -

The 100-unit Georgian Woods Apartments at 118 St. Agnes Drive in Midtown has sold for $3.9 million.

Georgian Woods Property Owner LLC, an affiliate of Woodbury, N.Y.-based CLK Properties, bought the property, whose alternate address is 2451 Union Ave., in a March 14 special warranty deed.

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

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

24. Cordova Staples Sells For $3.3 Million -

The 18,200-square-foot Staples store at 2321 N. Germantown Parkway has sold for $3.3 million.

25. Conduit Global Hosts Recruiting Fair March 18 -

Conduit Global, which announced in January that it is opening a call center in Cordova, is hosting a job recruitment fair Tuesday, March 18, from 10 a.m. to 4 p.m. at the Memphis Cook Convention Center.

26. Shelby County CRE Sales Up 14 Percent in February -

Shelby County recorded 49 commercial real estate sales in February, according to real estate information company Chandler Reports, www.chandlerreports.com.

27. 2014 Home Sales Off to Slow Start -

Shelby County home sales were up in February when compared to the same month last year but not enough to overcome January’s sluggish start, according to real estate information company Chandler Reports.

28. Conduit Global Hosts Recruiting Fair March 18 -

Conduit Global, which announced in January that it is opening a call center in Cordova, is hosting a job recruitment fair Tuesday, March 18, from 10 a.m. to 4 p.m. at the Memphis Cook Convention Center.

29. Global Ministries Pays $12 Million for Serenity Towers -

An affiliate of Cordova-based Global Ministries Fellowship has paid $12 million for the Serenity Towers retirement center at 400 S. Highland St.

30. Cordova Parents Question Attendance Zone Changes -

Parents in Cordova are used to the complexities of school system boundaries. They’ve lived with them for years, with part of the area within the city of Memphis and the other part in unincorporated Shelby County.

31. Council Approves Plan for Raleigh Springs Mall -

Memphis City Council members approved an urban renewal plan Tuesday, March 4, for the Raleigh Springs Mall that will start the process of locating city government offices at the mall, starting with the Memphis Police Department traffic precinct. The resolution, sponsored by council member Bill Morrison and approved without debate, also sets the stage for a public hearing on the larger plan.

32. Public Invited to Weigh in on Sustainability Plan -

Planners from the Memphis and Shelby County Office of Sustainability are inviting members of the public to review the vision plan and concept map for connecting local green space that’s a result of the Mid-South Regional Greenprint and Sustainability Plan.

33. Council Approves Plan for Raleigh Springs Mall -

Memphis City Council members approved an urban renewal plan Tuesday, March 4, for the Raleigh Springs Mall that will start the process of locating city government offices at the mall, starting with the Memphis Police Department traffic precinct. The resolution, sponsored by council member Bill Morrison and approved without debate, also sets the stage for a public hearing on the larger plan.

34. Public Invited to Weigh In on Sustainability Plan -

Planners from the Memphis and Shelby County Office of Sustainability are inviting members of the public to review the vision plan and concept map for connecting local green space that’s a result of the Mid-South Regional Greenprint and Sustainability Plan.

35. Council Weighs Conflicting Liability Numbers, Approves Mall Plan -

Memphis City Council members cleared much of their committee calendar Tuesday, Feb. 4, to talk for four hours about specifics of the city’s pension fund liability crisis.

The discussion with Tennessee Comptroller Justin Wilson, Tennessee Treasurer David Lillard and consultants from four actuarial firms was aimed at trying to define the specifics of the problem, see if there is agreement on some of the numbers and better explain the differences.

36. Council Weighs Conflicting L:iability Numbers, Approves Mall Plan -

Memphis City Council members cleared much of their committee calendar Tuesday, Feb. 4, to talk for four hours about specifics of the city’s pension fund liability crisis.

The discussion with Tennessee Comptroller Justin Wilson, Tennessee Treasurer David Lillard and consultants from four actuarial firms was aimed at trying to define the specifics of the problem, see if there is agreement on some of the numbers and better explain the differences.

37. May Primary Ballot Almost Complete -

The ballot for the May Shelby County primary elections isn’t quite set, although the Shelby County Election Commission has certified 81 candidates.

Still awaiting a decision at a special meeting Wednesday, March 5, are three would-be candidates whose residency is being formally challenged.

38. Clothes Mentor Sets Opening Date -

Clothes Mentor will open a Cordova location at the Commons at Dexter Lake March 20.

The women’s resale store chain based in Minnesota, which also has stores in Nashville and Clarksville, is leasing 5,000 square feet at 1717 N. Germantown Parkway, suite 101.

39. Clothes Mentor Sets Opening Date -

Clothes Mentor will open a Cordova location at the Commons at Dexter Lake March 20.

The women’s resale store chain based in Minnesota, which also has stores in Nashville and Clarksville, is leasing 5,000 square feet at 1717 N. Germantown Parkway, suite 101.

40. Shelby Forest Parents Applaud Rezoning Proposal -

The first reviews of the tentative Shelby County Schools rezoning plan for students were positive, with the plan winning applause Monday, Feb. 24, from parents in the Shelby Forest area.

The set of public hearings moves Wednesday, Feb. 26, to nearby Woodstock Middle School.

41. Commission Takes Up School Board Redistricting -

A majority of Shelby County Commissioners seems to agree that the Shelby County Schools board should be smaller than the 13 members it will become with the August school board elections if the commission takes no further action.

42. Woof Gang Bakery Opens in Cordova -

Woof Gang Bakery & Grooming has opened a new location in Cordova.

The store at 714 N. Germantown Parkway offers full-service grooming and a wide selection of pet foods and supplies.

43. Butler Sevier Law Firm Expands Downtown -

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

44. SCS Attendance Zone Proposal Affects 7,000 Students -

Shelby County Schools board members got their first detailed look Wednesday, Feb. 19, at a set of more than two dozen changes in student attendance zones in the 2014-2015 school year that could affect nearly 7,000 students in the school system.

45. Events -

Sales and Marketing Society of the Mid-South will meet Wednesday, Feb. 19, from 11:30 a.m. to 1 p.m. at The Racquet Club of Memphis, 5111 Sanderlin Ave. Susan S. Stephenson, co-founder, co-chairman and president of Independent Bank, will present “Make it Work Marketing: Sending a Message That Matters.” Cost for nonmembers is $30 at the door. Visit sms-midsouth.org.

46. Events -

Saint Francis Hospital-Memphis will host Zumba demonstration classes Tuesday, Feb. 18, and Feb. 25 from 3:45 p.m. to 4:15 p.m. and 4:45 p.m. to 5:15 p.m. in the hospital’s cafe, 5959 Park Ave. Visit saintfrancishosp.com.

47. Woof Gang Bakery Opens in Cordova -

Woof Gang Bakery & Grooming has opened a new location in Cordova.

The store at 714 N. Germantown Parkway offers full-service grooming and a wide selection of pet foods and supplies.

48. New Home Permits See Slight Bump -

Despite bitterly cold temperatures that plagued the Memphis area last month, homebuilders pulled slightly more housing permits in January when compared to the same month last year.

Shelby County homebuilders filed 64 permits in January, up from 57 permits filed in January 2013 and 53 permits in December 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

49. $2 Million Building Permit Filed for Indoor Sports Facility -

237 Woodland Lake Drive
Cordova, TN 38018
Permit Cost: $2 million

Permit Date: Applied February 2014
Owner: Wes Misenhelter
Tenant: Wes Misenhelter
Contractor: n/a
Details: Developer Wes Misenhelter has filed a $2 million building permit application for the indoor sports facility he is building on 237 Woodland Lake Drive in Cordova.

50. January Home Sales Mirror Temperature -

Shelby County home sales plummeted with the temperatures in January, as sales declined 18 percent compared to January 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

51. Council OKs ‘Tax Dead’ Anti-Blight Program -

The Memphis City Council on Tuesday, Feb. 4, approved an anti-blight grant program for “tax dead” properties – properties with more in back taxes and associated fees than the property is appraised for or could ever be sold for.

52. $2M Building Permit Filed for Indoor Sports Facility -

Developer Wes Misenhelter has filed a $2 million building permit application for the indoor sports facility he is building on 237 Woodland Lake Drive in Cordova.

53. $2 Million Building Permit Filed for Indoor Sports Facility -

Developer Wes Misenhelter has filed a $2 million building permit application for the indoor sports facility he is building on 237 Woodland Lake Drive in Cordova.

54. Council OKs ‘Tax Dead’ Anti-Blight Program -

The Memphis City Council on Tuesday, Feb. 4, approved an anti-blight grant program for “tax dead” properties – properties with more in back taxes and associated fees than the property is appraised for or could ever be sold for.

55. 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.

56. Competing Bidders Emerge for Ashlar Hall -

Two people that had once considered teaming up to acquire and renovate crumbling Ashlar Hall are going their separate ways.

Joe Thordarson, founder of the Memphis Comic and Fantasy Convention, and Ty Cobb, founder of the nonprofit Have a Standard Foundation, said this week that they are now pursuing separate plans to gain control of the Midtown mansion.

57. Groundbreaking Set For Local Hilton Garden Inn -

The groundbreaking for the first Hilton Garden Inn in Memphis was scheduled for Friday, Jan. 31, at 10 a.m.

Hilton Worldwide and Globus Partnership are hosting the groundbreaking at the site of the new hotel, 7955 Market Plaza Drive in Cordova.

58. Finding ‘Delicate Balance’ -

Memphis Mayor A C Wharton Jr. leaned heavily on reality and the practical in a State of the City address Wednesday, Jan. 29, at the University of Memphis Cecil C. Humphreys School of Law.

“We have the responsibility of balancing the expectations of our citizens versus the bottom line of our budget,” Wharton told an audience of several hundred, including city division directors and those in agencies working with the city. “We must strike the delicate balance of our affairs that is based in realism and pragmatism. This is important because ultimately the numbers that define our budget are real. The decisions that have the most positive impact are practical, and the work we have to do cannot wait.”

59. Groundbreaking Set for Memphis' First Hilton Garden Inn -

The groundbreaking for the first Hilton Garden Inn in Memphis is scheduled for Friday, Jan. 31, at 10 a.m.

Hilton Worldwide and Globus Partnership are hosting the groundbreaking at the site of the new hotel, 7955 Market Plaza Drive in Cordova.

60. Call Center ‘Gratifying’ for Local Office Sector -

Conduit Global’s announcement this week that it is locating a call center in Shelby County that will employ 1,000 people was a breath of fresh air for local office real estate professionals.

61. Great Expectations -

The Memphis Convention & Visitors Bureau forecasts 2014 to be a banner year, thanks to increased consumer confidence with leisure travelers and a booking pace for conventions, meetings and sporting events that is easily outpacing last year.

62. Belz Sells Shelby Oaks EnSafe Center for $910,000 -

5710-5730 Summer Trees Drive
Memphis, TN 38134
Sale Amount: $910,000

Sale Date: Jan. 10, 2014
Buyer: EnSafe Inc.
Seller: BICO Associates GP
Details: An affiliate of Belz Enterprises has sold the five-building Shelby Oaks EnSafe Center office complex on Summer Trees Drive in Northeast Memphis for $910,000.

63. 'Wicked' Return -

The Broadway smash “Wicked” has packed the house at the Orpheum Theatre Memphis each time the musical has enjoyed a run here, with fans of the whimsical story about the witches from Oz ensuring the production is well attended.

64. Shelby County Business Licenses Decline 3 Percent -

From George’s Automotive to Uncle Floyd’s Tires, Wheel and Auto Accessories, automotive-related businesses were prominent among the 5,361 business licenses issued by the Shelby County Clerk’s Office in 2013.

65. Business Licenses Decline 3 Percent -

From George’s Automotive to Uncle Floyd’s Tires, Wheel and Auto Accessories, automotive-related businesses were prominent among the 5,361 business licenses issued by the Shelby County Clerk’s Office in 2013.

66. Business Licenses Decline 3 Percent -

From George’s Automotive to Uncle Floyd’s Tires, Wheel and Auto Accessories, automotive-related businesses were prominent among the 5,361 business licenses issued by the Shelby County Clerk’s Office in 2013.

67. Business Licenses Decline 3 Percent -

From George’s Automotive to Uncle Floyd’s Tires, Wheel and Auto Accessories, automotive-related businesses were prominent among the 5,361 business licenses issued by the Shelby County Clerk’s Office in 2013.

68. Boyd Proposes Cordova Streetlight Fee Exemption -

Homeowners in South Cordova are about to get a utility bill this month that includes a new fee for streetlights, though they don’t have streetlights yet.

January is the debut of the streetlight fee on Memphis Light, Gas and Water Division utility bills under a switch of streetlights from a part of city government and its budget to the utility.

69. Boyd Proposes Cordova Streetlight Fee Exemption -

Homeowners in South Cordova are about to get a utility bill this month that includes a new fee for streetlights, though they don’t have streetlights yet.

January is the debut of the streetlight fee on Memphis Light, Gas and Water Division utility bills under a switch of streetlights from a part of city government and its budget to the utility.

70. 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.

71. Events -

AARP Cordova Chapter will meet Thursday, Jan. 16, at 11:30 a.m. at the Cordova Branch Library, 8457 Trinity Road. The chapter will review and discuss its operations. Email fmyers912@yahoo.com.

72. Leaders Seek Reaction on Schools Closings -

Shelby County Schools leaders expect to hear a lot Thursday, Jan. 16, when they hold a public hearing on the latest tentative list of 13 schools that could be closed in the new school year that starts in August.

73. Kroger-Anchored Centers Sell for Combined $41M -

Two Class A retail centers anchored by Kroger stores at 1605 N. Germantown Parkway and 540 S. Mendenhall Road have traded hands in an internal transfer for a combined $41.2 million.

74. Events -

Talk Shoppe will meet Wednesday, Jan. 15, from 9 a.m. to 10 a.m. at DeVry University, 6401 Poplar Ave., sixth floor. Author and business owner Jay Myers will present “Hitting the Curve Ball.” Cost is free. Visit talkshoppe.biz or call Jo Garner at 482-0354.

75. Building Permits Dip in 2013 -

Last year turned out to be a mixed bag for Shelby County homebuilders, who filed fewer permits in 2013 than they did in 2012 but sold slightly more homes.

Homebuilders filed 860 permits in 2013, down 6.3 percent from 918 permits filed in 2012, but still far above the 700 permits filed in 2011, according to real estate information company Chandler Reports, www.chandlerreports.com.

76. Collierville Fred’s Sells for $1.5 Million -

450 U.S. 72
Collierville, TN 38017
Sale Amount: $1.5 million

Sale Date: Dec. 20, 2013
Buyer: Collierville Realty Holdings LLC
Seller: Washington Square Properties (a Tennessee general partnership composed of Thomas W. Taylor, trustee of the Thomas W. Taylor Revocable Living Trust dated April 27, 2000, and Thomas W. Hart)
Loan Amount: $793,000
Loan Date: Dec. 20, 2013
Maturity Date: Dec. 20, 2016
Lender: First Capital Bank
Details: The 19,152-square-foot fred’s retail store at 450 U.S. 72 in Collierville has sold for $1.5 million.

77. Cordova Land Sells for $1.3 Million -

About 40 acres of vacant land near Interstate 40 and Germantown Parkway in Cordova has changed hands for $1.3 million.

An entity called Investment Properties LLC bought part of three parcels from TomBo Properties Inc. in a Dec. 30 warranty deed

78. Home Sales Down 4 Percent in Fourth Quarter -

Shelby County home sales slowed in the fourth quarter when compared to the same three-month period in 2012.

Shelby County recorded 3,598 home sales in the quarter that ended Dec. 31, down 4 percent from 3,760 homes sold in the same period last year, according to Chandler Reports, www.chandlerreports.com.

79. December Home Sales Decline Slightly -

Shelby County home sales declined slightly in December when compared to the same month in 2012, but home prices showed strong gains.

The county recorded 1,143 home sales in December, down 3 percent from 1,176 homes sold in December 2012, according to real estate information company Chandler Reports, www.chandlerreports.com. The 1,143 homes sold in December was up slightly from the 1,124 homes sold in November.

80. Shelby County Posts Most Home Sales in 5 Years -

Shelby County posted a five-year high in home sales and average sales prices in 2013, according to real estate information company Chandler Reports.

The uptick in sales activity and strong pricing increases point to a slow, steady rebound for the industry, which slogged through a five-year slump following the onset of the recession, real estate agents said.

81. On the Border -

The first attendance zone maps and details about where school children in Cordova might go to school this coming August was the dominant topic of discussion when the Cordova Leadership Council held a town hall meeting late last year.

82. 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.

83. Wolf River Commons Sells for $2.3 Million -

The 20,842-square-foot Wolf River Commons retail strip center at 420 S. Germantown Parkway in Cordova has sold for $2.3 million.

84. Highland Street Family Dollar Sells for $1.6 Million -

656 S. Highland St.
Memphis, TN 38111
Sale Amount: $1.6 million

Sale Date: Dec. 2, 2013
Buyer: Amicorp Enterprises Inc.
Seller: DCTN3 328 Highland Memphis TN LLC
Loan Amount: $600,000
Loan Date: Nov. 25, 2013
Maturity Date: N/A
Lender: The Bank of Hemet
Details: The Family Dollar retail store at 656 S. Highland St. near the University of Memphis has sold for $1.6 million.

85. Rape Kit Backlog Triggers Calls for Change -

As the Memphis Police Department backlog of rape kits moves into federal court with the new year, there will be another attempt to change Tennessee laws to delay the statute of limitations in rape cases to start running when rape kits are processed.

86. Fewer Reservations -

The Memphis hotel market is being classified as somewhat sluggish in 2013 because of slower than anticipated convention traffic, but hotels such as the Memphis Marriott East and Downtown’s Madison Hotel reported busier second halves of the year.

87. First Alliance Teams Up With Radian Partners -

First Alliance Bank and Radian Partners LLC have agreed to form a strategic alliance to provide customers of both firms with access to the financial expertise and capabilities of the other.

88. 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.

89. New Questions -

The winter break for students is usually when parents look for word of what changes are ahead in the next school year.

Changes in attendance zones, school closings, new programs, existing programs that might be moving or discontinued – those are the details for the school year to come in August that parents are looking for at the halfway point in the current school year.

90. Orleans at Walnut Grove Owner Files $23 Million Loan -

The owner of the 276-unit Orleans at Walnut Grove Apartments in Cordova has filed a $23 million loan for the property.

Orleans Apartment Community LLC filed the deed of trust, security agreement and fixture filing for the Class A complex Dec. 18 through Transamerica Pacific Insurance Co. Ltd. Charles W. Misenhelter signed the trust deed as member of Orleans Apartment Community.

91. Cordova Creek Apartments Sell for $12.5 Million -

1175 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $12.5 million

92. First Alliance Teams Up With Radian Partners -

First Alliance Bank and Radian Partners LLC have agreed to form a strategic alliance to provide customers of both firms with access to the financial expertise and capabilities of the other.

93. Cordova Creek Apartments Sell for $12.5 Million -

The 196-unit Cordova Creek apartment complex at 1175 N. Germantown Parkway has traded hands for $12.5 million.

94. Jolly Helpers -

This year, a group of researchers from London’s Centre for Economics and Business Research in London teamed up with the founders of the Big Bang UK Young Scientists and Engineers Fair to tackle some tough Santa statistics.

95. Bright Spot -

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.

96. Events -

Kiwanis Club of Memphis will hold its annual holiday celebration, featuring the Swing Time Explosion: Big Band Holiday Show, Wednesday, Dec. 18, from noon to 1 p.m. at The University Club of Memphis, 1346 Central Ave. Cost is $18 for nonmembers.

97. Ruby Tuesday Sells Bartlett Lots for $1.1 Million -

8348 U.S. 64
Bartlett, TN 38133
Sale Amount: $1.1 million

Sale Date: Dec. 5, 2013

Buyer: 64 Kate Hyde Partners

98. Events -

The Downtown Memphis Commission will hold the Downtown Howl-iday pet and family parade Saturday, Dec. 14, at 3 p.m. from Court Square to AutoZone Park. Registration begins at 2 p.m. at Court Square. Cost is free. Visit downtownmemphis.com.

99. Globus Files $8.7 Million Loan to Build Cordova Hilton -

Globus Partnership, the developer building a Hilton Garden Inn at 7955 Market Plaza Drive in Cordova, has filed an $8.7 million construction loan for the project.

100. Events -

Talk Shoppe will hold a citywide networking party Wednesday, Dec. 18, from 9 a.m. to 10 a.m. at DeVry University, 6401 Poplar Ave., sixth floor. Cost is free. Visit talkshoppe.biz.