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Editorial Results (free)

1. Quince Fred’s Super Dollar Sells for $2.1 Million -

6500 Quince Road, Memphis, TN 38119

Sale Amount: $2.1 million

Sale Date: Jan. 18, 2013

2. Owner Files $1.1 Million Loan on Multiple Properties -

Steele-Guiltner Inc. has filed a $1.1 million loan on the Grimes Tire Pros businesses at 2421 Lamar Ave. and 4285 Hacks Cross Road.

3. Bass Berry Law Firm Honored for Recent Deals -

The law firm of Bass, Berry & Sims PLC has won the mergers and acquisitions “deal of the year” award in the $50 million to $100 million category from M&A Advisors.

The deal for which Bass Berry won the award was announced earlier this year. It involved Luminex Corp. – a health care and life sciences research company – acquiring privately held GenturaDx, a molecular diagnostics company focused on making nucleic acid testing affordable and practical for any lab.

4. Merger, Superintendent Process Set -

Countywide school board members will begin what several described as the “dirty work” of the schools merger at a special meeting Nov. 15.

At that meeting, the board will vote on many if not all of the recommendations from the consolidation planning commission that ended its work in July.

5. County’s Mortgage Lending Up in May -

When bank customers are seen doing something seemingly as simple as making plans for the future – plans, of course, that involve spending money – that conveys a lot to someone like Mike Edwards, Paragon Bank’s president and chief operating officer.

6. Fidelity Nat'l to Buy O'Charley's Restaurant Chain -

JACKSONVILLE, Fla. (AP) – A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.

7. Emergency Situation -

In a dimly lit building, surrounded by emergency sirens and the loud hum of a waiting military transport aircraft, Memphis medical personnel adjusted their headlamps and checked their radios before navigating through the post-earthquake rubble to prepare their patients for evacuation.

8. MAA Continues Acquisition Spurt -

Memphis-based MAA, formerly known as Mid-America Apartment Communities, has acquired Tattersall at Tapestry Park, a 279-unit upscale apartment community located in the Southeast sub-market of Jacksonville, Fla.

9. Wal-Mart Remains Atop Fortune 500 List -

NEW YORK (AP) – Wal-Mart Stores Inc. remains atop the Fortune 500 list even as it struggled to keep its U.S. customers coming in the door.

10. Local Artist to Attend Exhibition Opening -

Award-winning painter George Hunt of Memphis will attend the opening Friday of the “Back to Arkansas” art exhibition at Mid-South Community College in West Memphis.

11. 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

12. Winbranch Apartments Sell for $2.4 Million -

3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million

Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC

13. Refinancings Rise as Mortgage Rates Hit 4.56 Percent -

NEW YORK (AP) — The lowest mortgage rates in decades are just too good for some people to pass up.

Brokers are reporting rising interest in home refinancings as rates on a 30-year fixed loans have hit record lows in four of the past five weeks. This week the average rate fell to 4.56 percent, the lowest since mortgage company Freddie Mac began tracking rates in 1971.

14. Midtown’s Towery Building Faces Foreclosure -

The Midtown office building at 1835 Union Ave. that houses the sheriff campaign headquarters of Randy Wade has been foreclosed.

15. Events -

Talk Shoppe will present “Home Financing: How to Get the Best Deal in Today’s Market” today from 9 a.m. to 10 a.m. at the Better Business Bureau of the Mid-South, 3693 Tyndale Drive. For more information, call Jo Garner at 482-0354.

16. Fidelity Touts Conservative Values As Saving Grace -

A few years ago, in the midst of sweeping bank consolidations that brought institutions such as Regions Bank and SunTrust Inc. to the area, the owners and directors of Fidelity National Bank in West Memphis let everyone know they wanted no part of a merger or acquisition.

17. Dodd's Wife Serves on Health Care Company Boards -

WASHINGTON (AP) - The wife of a senator playing a lead role on a national health care overhaul sits on the boards of four health care companies, one of several examples of lawmakers with ties to the medical industry.

18. SEC Chief Says New Short-Selling Rules a Priority -

WASHINGTON (AP) - The head of the Securities and Exchange Commission said Tuesday she is making the issue of new rules restricting short-selling a priority as the agency heard from an array of interests about ways to limit trades that bet against a stock.

19. Sallie Mae Names New Officers -

RESTON, Va. (AP) - Sallie Mae, the nation's largest student lender, has named veteran banking industry executive Anthony P. Terracciano chairman of its board.

Former Sallie Mae Chairman Albert L. Lord, who held that title for three weeks, has been appointed vice chairman and will remain chief executive officer of the company formally known as SLM Corp.

20. Carlisle Considers Wendy's Bid -

Memphis-based Wendy's franchisee Gene Carlisle, an old friend of Wendy's late founder Dave Thomas, is thinking about making a bid for the hamburger chain.

He also has some important ideas for whomever makes good on a buyout offer for the iconic U.S. restaurant brand, such as what priorities immediately would face a new owner of the company.

21. Gwaltney to Head Senior Housing Crime Prevention Foundation -

Peter K. Gwaltney will join the Senior Housing Crime Prevention Foundation as chief executive officer and as vice chairman of the board of directors, effective Jan. 1. He has served as the CEO of the Louisiana Bankers Association since 1999. He also has served on numerous boards at the state and national level, including the American Bankers Insurance Association board of directors, the American Bankers Professional and Fidelity Insurance Association board of directors.

22. Sedgwick Buys CompanyFor More Than $190 Million -      Memphis-based Sedgwick CMS Holdings Inc. has completed acquisition of Dublin, Ohio-based CompManagement Inc. (CMI) and its affiliated companies for $191.5 million, Sedgwick officials announced Wednesday.
  

23. Shelby Drive MotelSells for $1.3 Million - Om Shree Sairam LLC has purchased a 46-unit motel at 1952 E. Shelby Drive from PNS Management LLC for $1.3 million. Formerly a Super 8 Motel, the two-story property now is branded Colonial Inn & Suites. The sale was financed through a $1.3 million wr

24. Fidelity National Financial Buys Sedgwick CMS - Fidelity National Financial Inc., which provides products and outsourced services to financial institutions and the real estate industry, has acquired Sedgwick Claims Management Inc. for $635 million. Memphis-based Sedgwick provides claims administra

25. Archived Article: Standout - Memphis Standout Dwayne E

Craft Dedicates Career to Helping Investors

LANE GARDNER CAMP

The Daily News

Dwayne E. Craft said now is a great time to be in the financial services business.

People today are taking more personal responsibi...

26. Archived Article: Newsmakers - HEADLINE

Fidelity Investments Names Memphis Center Manager

Fidelity Investments named Dwayne Craft vice president and manager of the companys Memphis Investor Center. Craft has worked with Fidelity Investments for 14 years. He graduated from N...

27. Archived Article: Real Recap - Recap has nine entries so far because I dont have a feature interview yet

FaxonGillis Prepares to Start Downtown Condos

2.58 acres near

Carolina Avenue

Cost: $8 million

Borrower: FaxonGillis Inc.

Lender: National Bank of Commerce <...

28. Archived Article: Real Recap - Mid-America Finances Four Properties for $22

Mid-America Finances Four Properties

3505 S. Mendenhall Road

Memphis, TN 38115

Cost: $22.3 million

Borrower: Mid-America Apartment Communities Inc. and Mid-America Apartments LP

Lender: ...

29. Archived Article: Daily Digest - Hacks Cross Property

Hacks Cross Property

Financed for $1.3 Million

Steele-Guiltner Inc. has financed property near Hacks Cross and Lowrance roads for $1.3 million, according to The Daily News Public Records Database, www.memphisdailynews.c...

30. Archived Article: Real Recap - 1580-1588 Union Ave

West Clinic Plans Midtown Treatment Center

1580-1588 Union Ave.

Memphis, TN 38104

Cost: $2.9 million

Borrower: West Union Partners LLC

Lender: Commercial Bank and Trust Co.

Trustee: Reid D. Evensky

Propert...

31. Archived Article: Real Recap - 9

Developer to Build Shoppes of Greys Creek

9.06 acres near

Walnut Grove

Cost: $4.3 million

Borrower: Greys Creek Development Co. LP

Lender: Community Bank, DeSoto County

Trustee: Lancelot L. Minor III

Property: 9.06 acres of...

32. 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...

33. Archived Article: Benchmark - Nordstrom Gets OK To Open Thrift Nordstrom Inc. joins fray of companies opening thrifts Retailer Nordstrom Inc. has received government permission to open a federally chartered thrift, a request that competitors Wal-Mart Stores Inc. and Dillard's In...

34. Archived Article: Memos - Gene Stone has been selected as the Chickasaw Councils new scout executive. He replaces Bob Salser, who has been named area director of the BSAs South Georgia/North Florida region. Stone has served as director of the Cub Scout Division at the nation...

35. Archived Article: Memos - Boatmens Bank of Tennessee recently announced the election or promotion of the following officers: Boatmens Bank of Tennessee recently announced the election or promotion of the following officers: Terry M. Stell was elected vice president and manag...

36. Archived Article: Calendar - 03-04 Calendar March 4 Fidelity Investments will offer an estate planning seminar at noon at the Summit Club, 5100 Poplar Ave. For more information on the free seminar, call 1-800-452-9936. City Councilman Jerome Rubin and Mayor W. W. Herenton will ...

37. Archived Article: First Union - 12/14 jts First Union First Union expands mortgage lending in Tennessee through Memphis New presence to follow major merger By JAMES SNYDER The Daily News Memphis will be the first beachhead for First Union National Bank as it moves to establish a g...

38. Archived Article: Inv Briefs - 10/23 inv. briefs The Memphis Chapter of the Institute of Management Accountants will co-sponsor a seminar with Fall Accounting & Auditing Seminars on Nov. 17 from 1 p.m. until 4:45 p.m. at 5575 Poplar Ave., Suite 617. Dr. Marie Dubke will condu...