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Editorial Results (free)

1. Two Centennial Crossing Parcels Face Foreclosure -

The owners of two parcels in the Centennial Crossing shopping center in Southeast Shelby County have defaulted on a loan and are facing foreclosure.

MLC Investors LLC (56.08 percent interest), EJP Investors LLC (38.71 percent) and EK Investors LLC (5.21 percent interest) defaulted on their $5.8 million loan through IXIS Real Estate Capital Inc. dated Nov. 17, 2006, according to a first-run foreclosure notice in the Tuesday, July 1, edition of The Daily News.

2. Crowdfunding to Take Leap by Seeking Investors -

WASHINGTON (AP) — Crowdfunding is about to go big time.

For years, filmmakers, artists and charities have used the power of the Internet to generate money for projects. But in the coming year, with the blessing of Congress, startups will be allowed to raise money this way by selling stock to small-time investors.

3. IRS Seeks Identities of Investors in Stanford Bank -

DALLAS (AP) - The Internal Revenue Service wants the names of U.S. taxpayers who have foreign accounts with companies owned by indicted billionaire R. Allen Stanford, according to court papers filed Wednesday.

4. Belz Sells Last of Centennial Crossing Center -

7915 Winchester Road
Memphis, TN 38125
Sale Amount: $8.1 million

Sale Date: Nov. 17, 2006

Buyer: MLC Investors LLC (56.08 percent interest), EJP Investors LLC (38.71 percent) and EK Investors LLC (5.21 percent interest)