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Editorial Results (free)

1. Thomas & Betts CEO Sees Growth Post-Acquisition -

Dominic Pileggi, the retired CEO of Thomas & Betts Corp., remembers being concerned more than a year ago when the Memphis-based maker of low voltage electrical and utility hardware was in talks with ABB Group of Zurich to buy Thomas & Betts.

2. JLS Enterprises Buys SE Market Warehouse -

A 51,000-square-foot industrial building in the Southeast submarket has traded hands. JLS Enterprises LLC purchased 4021 Delp St. in Airport Industrial Park for $850,000. The warehouse currently houses Coca-Cola Enterprises Inc. and is 100 percent occupied.

3. Foreign Investors Buy Treasure Park Apartments -

2601 N. Watkins St.
Memphis, TN 38127
First Sale: $1.1 million

Sale Date: Jan. 31, 2011
Buyer: City National Bank
Seller: Federal Deposit Insurance Corp. as receiver for Imperial Capital Bank of La Jolla, Calif.
Second Sale: $450,000
Sale Date: Jan. 28, 2011
Buyer: Square Mile Investments LLC
Seller: City National Bank
Details: A foreign investment group named Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.
Details: A foreign investment group named Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.

4. Foreign Investors Buy Treasure Park Apartments -

A foreign investment group called Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.

5. Corner Park Complex Sells for $558K in Foreclosure -

4150 Winchester Road
Memphis, TN 38118
Sale Amount: $558,000

Sale Date: Oct. 26, 2010
Buyer: City National Bank
Seller: City National Bank via Stewart Title of Memphis Inc.
Original Borrower: Alterra Corners LLC
Original Lender: City National Bank
Original Loan: $3.6 million
Original Loan Date: February 2007

6. Corner Park Apartments Sells in Foreclosure Sale -

City National Bank has bought back the Corner Park apartment complex at 4150 Winchester Road from substitute trustee Stewart Title of Memphis Inc. for $558,000.

7. Citi Selling $1.6B Consumer Finance Assets to GE -

NEW YORK (AP) – Citigroup is selling $1.6 billion in retail sales finance assets to GE Capital as the bank continues to restructure its business to focus on core consumer banking operations.

8. Archived Article -

1215 E. Shelby Dr.
Memphis, TN 38116
Sale Amount: $20 million

Sale Date: Jan. 10, 2007

Buyer: Southland Mall Shopping Center LLC

9. Alterra Pays $6.6 MillionFor Third Memphis Complex -      Miami-based Alterra Capital Group has bought its third apartment complex in Memphis after announcing in November plans to invest in six in the Memphis area.
     Alterra-affiliated 4616 Scot

10. 'Renaissance' Shapes Upat Summer, I-240 Intersection -      Two properties recently purchased at Summer Avenue and Interstate 240 could be the key components in a potential rejuvenation of the neighborhood.
     Summer Commons LLC bought the former Km

11. Alterra Capital Plans OverhaulOf Six Apartment Complexes -      Six Memphis apartment complexes are scheduled for a high-dollar overhaul soon, as Alterra Capital Group plans sweeping changes to local distressed properties.
     Alterra last week closed on

12. Raleigh ApartmentsFinanced for $1.8 Million - GF7 Properties LLC and Turner Properties 1 LLC have financed Raleigh Springs Apartments near James Road and Coach Drive through Imperial Capital Bank for $1.8 million. The 8.36-acre property contains 112 apartment units built in 1973. The parties who

13. Archived Article: Real Estate Recap - Trezevant Adds New Phase to Shops of Collierville

Trezevant Adds New Phase to Shops of Collierville 875 W. Poplar Ave.

Collierville, TN 38017

Cost: $6.5 million

Borrower: Shops of Collierville LLC

Lender: National Bank of Commerce

...

14. Archived Article: Real Recap - 28

6410 Poplar Ave.

Memphis, TN

Cost: $24.6 million

Borrower: HIW-TN LLC

Lender: Massachusetts Mutual Life Insurance Co.

Trustee: W. Rowlett Scott

Property: Land in the Tower Place Planned Development at 6410 Poplar Ave. near Ma...

15. Archived Article: Paradigm Chg - By CAMILLE H. GAMBLE Breaking the Paradigm Two Memphis architects use artistic, computer talents to design 3D animation, games By CAMILLE H. GAMBLE The Daily News Two local architects are using their talents to delve into other markets three-dimensi...