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Editorial Results (free)

1. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

2. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

3. Lynnfield Place Apartments Sell for $22.4 Million -

The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

Lynnfield Apartments LLC, an affiliate of Hyde Capital LLC, purchased the 400-unit community at 1400 Lynnfield Road, between Park Avenue and Quince Road in East Memphis, from Lynnfield Holdings LLC, according to a Nov. 7 special warranty deed. Hyde Capital LLC lists an address of 3094 Autumnwood Ave. in Memphis, the same address of the 324-unit Autumnwood Apartments, which is owned by an affiliate of Hyde Multifamily Investments LLC.

4. Women’s Foundation Names Officers, Board Members -

The board of directors of the Women’s Foundation for a Greater Memphis has announced its 2014-15 executive committee, new officers and incoming board members. The following women were elected and will serve in their respective capacities for a three-year term.

5. Women’s Foundation Names Officers, Board Members -

The board of directors of the Women’s Foundation for a Greater Memphis has announced its 2014-15 executive committee, new officers and incoming board members. The following women were elected and will serve in their respective capacities for a three-year term.

6. We’re All Invited -

MEMPHIS, SERVED IN THE SHELL. Following up last week’s column, this from a reader:

“We have no civic pride, half the population is intent on killing as many as they can and the other part lives behind walls or gates. There was a time in the fifties when you could leave your front door unlocked and keys in the car.”

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

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

8. Hyde Capital Buys Two Apartment Complexes -

Affiliates of New York-based Hyde Capital LLC have paid a combined $17.3 million for the Briar Club Apartments at 6339 Village Grove Drive in East Memphis and the Cinnamon Trails apartment complex at 6497 Knight Arnold Road in Hickory Hill.

9. Shopping Center Group Moving to New Office -

The Shopping Center Group LLC is moving to a new office.

The Memphis office of the Atlanta-based retail real estate brokerage firm, which leases a total of approximately 4 million square feet of retail space and represents 100 retailers, is moving from 773 E. Brookhaven Circle to 5101 Wheelis Drive, Suite 106, at Clark Centre.

10. 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

11. Campus Revival -

The University of Tennessee Health Science Center hosted a public information session on the development of its new campus plan last week at the Student-Alumni Center Dining Hall on its Midtown campus at 800 Madison Ave.

12. Artspace Granted 15-Year Tax Break -

National nonprofit Artspace Projects Inc. was granted a 15-year tax freeze Tuesday, March 12, for its live/work space for local artists behind The Arcade Restaurant called South Main ArtSpace Lofts.

13. Artspace Granted 15-Year Tax Break -

National nonprofit Artspace Projects Inc. was granted a 15-year tax freeze Tuesday, March 12, for its live/work space for local artists behind The Arcade Restaurant called South Main ArtSpace Lofts.

14. South Main’s New Life -

The history of the South Main Historic Arts District is as colorful as its present-day users, an alternating rhythm of sorts in Memphis’ songbook.

The area has oscillated from its ritzy suburban roots of the 1800s to the industrial era ghost town of the 20th century and now to its current status as Downtown’s flourishing arts and boutique district and the subject of some $100 million in investment. And it’s all due to stakeholders who braved the status quo in distinguishing the southern end of the Central Business District as that funky place with an indescribable vibe.

15. Memphis Marriott Sells for $12.4 Million in Foreclosure -

2625 Thousand Oaks BlvdMemphis, TN 38118

Sale Amount: $12.4 million

16. Autumnwood Apartments Sells for $13.5 Million -

The 324-unit Autumnwood Apartments, situated at the southwest corner of Kirby Parkway and Mount Moriah Road Extended, has sold for $13.5 million to an entity named Autumnwood Investments LLC.

17. ‘Let’s Do This’ -

There was just something about FedExForum. Something about touring the more than 800,000-square-foot arena for the first time that made him think it’s “just awesome, being inside here.”

18. City Welcomes New Grizzlies Owner Pera -

Before founding the company he runs today, Ubiquiti Networks Inc., 34-year-old Robert Pera worked at Apple Inc., where he was a hardware engineer.

19. Steiner, GTx Inc. Prepare For Next Step of Journey -

Dr. Mitchell Steiner recently returned from a trip to Eastern Europe, where he visited hospitals participating in international clinical trials for the drug enobosarm, which is being developed by his Memphis-based public biopharmaceutical company GTx Inc.

20. Overton Park Conservancy Seeks Executive Director -

With its nonprofit status official and pledged grants beginning to come in, the Overton Park Conservancy is seeking a permanent executive director.

The conservancy that operates and maintains the park under contract with the city of Memphis is forming a search committee to fill the leadership position.

21. Hyde Foundations Put $500K Toward Overton Park Effort -

A $500,000 grant to the Overton Park Conservancy from the Hyde Family Foundations is the latest contribution to the nonprofit group that manages and maintains the Midtown park for the city of Memphis.

22. THEC Approves Lambuth as State School -

The Tennessee Higher Education Commission on Thursday, July 28, approved the acquisition of Lambuth University in Jackson, Tenn., by the state of Tennessee.

The approval in Nashville sets up a Friday vote by the Tennessee Board of Regents on transferring Lambuth specifically to the University of Memphis.

23. Haslam Chimes in on Local Issues -

Tennessee Governor Bill Haslam has a warning about his developing set of regional economic development strategies.

“The days where government was able to be seen as somebody who was always giving something are gone, quite frankly,” Haslam told a group of 40 business and civic leaders at the University of Memphis Cecil C. Humphreys School of Law. “They’re gone for at least the foreseeable future.”

24. Memphis Farmers Market Plans $400K Expansion -

Farmers usually wait until spring to start digging, but on Saturday the Memphis Farmers Market broke ground on an expansion that will mean more local produce in the coming year.

Organizers of the market said that a new canopy structure added to the Central Station property will add badly needed shelter and a sense of permanence.

25. GTx Cuts Loss, Gets More Capital -

Memphis-based GTx Inc. completed its public offering of additional stock with help from another major investment by Joseph R. “Pitt” Hyde III.

26. GTx Cuts Loss, Gets More Capital -

Memphis-based GTx Inc. completed its public offering of additional stock with help from another major investment by Joseph R. “Pitt” Hyde III.

27. GTx, Needing Cash, Issues More Stock -

Memphis-based GTx Inc. will issue more stock in a bid to shore up its operating reserves.

The biopharmaceutical company needs more money to finance clinical trials and have working capital, according to a filing it made this week with the U.S. Securities and Exchange Commission.

28. Trestle Capital Steps Into Downtown -

A new investment management and consulting firm is preparing to set up shop Downtown after considering spaces in Midtown and in East Memphis’ Ridgeway Center.

Trestle Capital Partners, which will specialize in marketing hedge fund investments to high net-worth investors, has signed a letter of intent to enter into a five-year lease for 890 square feet of commercial space in The Washburn, a mixed-use building at 60 S. Main St.

29. Powerful Possibilities -

Oct. 29 turned into a day for window staring when the news came.

The top executives of GTx Inc. looked at the bleak gray of an overcast sky from the seventh floor of the Toyota Center, their minds gone blank.

30. Former Orgill Distribution Center Sold Following Foreclosure -

2108 Latham St.
Memphis, TN 38109
Sale Amount: $2.5 Million

Sale Date: March 9, 2010
Buyer: NW-2100 Latham Street LLC
Seller: Bradley Ottinger, trustee

31. Finish Line in Sight for Renovation Of Memphis Business Academy -

3306 Overton Crossing
Memphis, TN 38127
Loan Amount: $1.9 Million

Loan Date: Feb. 23, 2010
Maturity Date: Feb. 23, 2013
Borrower: Memphis Business Academy
Lender: Regions Bank

32. Memphis College of Art Buys South Main Building -

477 S. Main St.
Memphis, TN 38103
Sale Amount: $400,000

Sale Date: Feb. 12, 2010
Buyer: Memphis College of Art
Seller: Southeastern LSC Holding Corp., formally known as Lewis Supply Co. Inc.
Loan Amount: $1.5 million
Loan Date: Feb. 15, 2010
Maturity Date: March 1, 2013
Lender: J.R. Hyde III Family Foundation

33. Teacher Evaluations At Heart of Funds Talk -

The numbers are approximate. But they serve the point Tennessee Gov. Phil Bredesen wanted to make a week before the Tennessee Legislature began its special session on education.

Take a group of 100 Tennessee high school students and apply the percentages for what happens to Tennessee students.

34. Beware of Stanford’s Echoes in Memphis -

The perp walks are a fading memory. So is R. Allen Stanford’s protestation of innocence during a night on the town earlier this year.

35. Schuler Buys Stake in GTx -

Jack Schuler, an investor who has held top leadership posts in the pharmaceutical and biotech industries, last week purchased 8.3 percent of the shares of GTx Inc. for himself, his foundation and his children.

36. AutoZone Plans $500 MillionCompany Stock Repurchase -      Memphis-based AutoZone Inc. plans to repurchase another $500 million of the company's common stock as part of a previous repurchase program. The $500 million repurchase will boost the company's share-buyback authorizatio

37. Alco Refinances Affordable-Housing Community -

2889 and 2923 Mimosa Ave.
Memphis, TN 38112
Loan Amount: $6.7 million

Loan Date: April 11, 2006

38. Archived Article: Tech Focus - State leaps forward in biotechnology surge State leaps forward in biotechnology surge By Sharon H. Fitzgerald Special to the Daily News Building a new industrial sector isnt a job states tackle often, but thats exactly what Tennessee is doing.This e...

39. Archived Article: Law Briefs - Baker, Donelson, Bearman & Caldwell, P Baker, Donelson, Bearman & Caldwell acquired Advanced Public Strategies and will open Baker Donelson Public Strategies Inc. as a wholly owned subsidiary of the firm. Betty Anderson Naifeh, founder of Ad...

40. Archived Article: Standout - By JENNIFER MURLEY

In the spirit of giving

By JENNIFER MURLEY
The Daily News
In honor of National Philanthropy Day, the Memphis Chapter of the Association of Fundraising Professionals will host a luncheon Thursday in which local no...

41. Archived Article: Mcac (lead) - Child Advocacy Center Child Advocacy Center breaks ground today By LAURIE JOHNSON The Daily News The Memphis Child Advocacy Center will break ground today on an addition that will more than double the size of its facility at 1085 Poplar Ave. The 10,...

42. Archived Article: Market Briefs - The University of Tennessee-Memphis College of Medicines Department of Urology has received a $1 million gift from the J The University of Tennessee-Memphis College of Medicines Department of Urology has received a $1 million gift from the J. R. Hyd...