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Editorial Results (free)

1. Lightman Entity Buys Sanderlin Centre -

5101 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $5.3 million

Sale Date: Nov. 1, 2011

2. Wolf River Blvd. Land Sells in Lieu of Foreclosure -

Two parcels on Wolf River Boulevard
Sale Amount: $1.7 million

Sale Date: Dec. 28, 2010
Buyer: SunTrust Bank
Seller: Wolfby GP

3. $3.6M Financing Filed for Legends Park Lots -

Legends Park East LP has financed four parcels through Enterprise Mortgage Investments Inc. for $3.6 million. The parcels are Lot 3 (Block I), Lot 5 (Block G), Lot 6 (Block E) and Lot 7 (Block C), all in phase one of Legends Park Planned Development.

4. $5.3M Permit Application Filed for Soulsville Charter School -

1115 College St.
Memphis, TN 38106
Permit Amount: $5.3 million

Project Cost: $5.3 million for phase one
Permit Date: Applied September 2010
Completion: July 2011
Owner: Soulsville Foundation
Tenant: Soulsville Charter School
Contractor: Looney Ricks Kiss
Architect: Flintco Inc.

5. Legends Park West LP Files $7.7M in Loans -

Legends Park West LP, an entity affiliated with Legends Park West developer McCormack Baron Salazar, has filed two loans related to the property’s development on the former Dixie Homes housing project site. A $6.3 million construction loan was filed through U.S. Bank NA, while a $1.4 million delivery recourse loan was filed through Enterprise Mortgage Investments Inc.

6. Work Progresses on Hope VI Development -

Construction crews didn’t let a little Monday morning mud stop them from building new apartments at University Place, a Hope VI housing development.

The third and final phase should be complete by fall, said Tom Currell, vice president of McCormack Baron Salazar, which is developing the $68 million project in partnership with Community Capital LLC.

7. Washington, Wall St. Weigh Fannie, Freddie Help -

WASHINGTON (AP) - Wall Street and Washington wrestled Friday with how to shore up mortgage giants Fannie Mae and Freddie Mac, two troubled pillars of the economy whose failure would deal a devastating blow to the already crippled housing market.

8. Freddie's Chief Financial Officer Says the Company has Enough Capital to Make it Through 2008 -

WASHINGTON (AP) - Freddie Mac on Thursday said its loss widened to $2.5 billion in the fourth quarter of 2007 as mortgage defaults mounted and falling interest rates hurt certain investments.

9. Federal Regulator Lifts Limits on Mortgage Portfolios Held by Fannie Mae and Freddie Mac -

WASHINGTON (AP) - Fannie Mae and Freddie Mac will be allowed to expand their roles in the turbulent mortgage market even as worsening conditions in the housing sector punish the two companies.

10. Mortgage Giants may not Provide Silver Bullet for Distressed Market, Experts Say -

WASHINGTON (AP) - Easing the investment constraints faced by Fannie Mae and Freddie Mac may not be enough to rescue homeowners and investors caught up in the mortgage market turbulence.

Shares of the government-sponsored home-loan financiers have surged in recent days on speculation that regulators will raise the amount of mortgage securities Fannie and Freddie can hold as investments. Mainstream Wall Street analysts believe such a move would ease the country's housing woes by injecting more cash into the market.

11. Archived Article: Real Recap - Developer refinances Shoppes at Hacks Cross

Developer Refinances Shoppes of Hacks Cross

Shoppes of Hacks Cross

near Winchester Road

Cost: $7 million

Borrower: Hacks Winchester LLC

Lender: Morgan Stanley Mortgage Capital Inc.

Tru...

12. Archived Article: Real Review - Record home sales likely in 2003, NAR says

Record home sales likely in 2003, NAR says

Stronger-than-expected home sales activity so far this year, combined with a continued drop in mortgage interest rates, means the housing sector is likely to...

13. Archived Article: Real Review - Trammell Crow Co Trammell Crow Co. represented three tenants in recent office lease transactions. Norwest Mortgage signed a lease for 12,085 square feet at 1775 Pyramid Place in Nonconnah Corporate Center. The office will be the headquarters for Nor...

14. Archived Article: Memos - W W. Michael Potts has been appointed to the newly created position of vice president of human resources for TBC Corp. He formerly was vice president of human resources for Millard Refrigerated Services Co. in Omaha, Neb. He is a graduate of the Uni...

15. Archived Article: Memos - The Sneed Cos. has announced the promotion of two employees: The Sneed Cos. has announced the promotion of two employees: W. Scott Sneed, vice president, is manager of investments specializing in variable universal life insurance, as well as individ...