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Editorial Results (free)

1. Hotel Developer Moves On Scimitar Building Conversion -

179 Madison Ave.
Memphis, TN 38103

Permit Cost: $5.2 million

Permit Date: Applied August 2015

2. Council Continues Talks on Deferred Retirement Freeze -

Two months into the city of Memphis’ new fiscal year and after a year of decisions on changes to pension and health insurance benefits for city employees and retirees, the Memphis City Council is still making adjustments.

3. New York Life Sells Warehouses for $13M -

New York Life Insurance Co. has sold two distribution centers in Southpark Distribution Center for a combined $13 million.

4. Rocking for Love -

When Lahna Deering and Jason Freeman join the other musicians performing at the Rock for Love music festival next week, the gig will be a bit more meaningful for them than the shows they normally play.

5. ‘Punching Out’ for the Last Time -

Ray’s take: According to AARP, baby boomers are turning 65 at the rate of 10,000 per day. That means a lot of people are looking at the traditional retirement age coming up fast. Whenever you plan to not have to work anymore, there are some basic financial decisions you should make as you near that age.

6. New York Life Sells Warehouses for $13M -

New York Life Insurance Co. has sold two distribution centers in Southpark Distribution Center for a combined $13 million.

7. Health Law Sign-Ups Keep Growing; Uninsured Rate Declines -

WASHINGTON (AP) — Nearly a million people signed up for health insurance under President Barack Obama's law even after the official enrollment season ended, helping push the share of uninsured Americans below 10 percent and underscoring how hard it could be for Republicans to dismantle the program.

8. Emergency Fix -

Memphis is making non-emergency calls a top priority. The Mayor’s Innovation Delivery Team, Memphis Fire Department and area health care providers are working in conjunction with IBM consultants to streamline emergency services.

9. Defining Your Ideal Millennial Client -

While the youngest millennials may still be 18, many of them are in their late 20s or even mid-30s now.

Despite the fact that most of “Generation Selfie” has fully entered adulthood, at least according to their birthdates, many millennials still haven’t reached the traditional milestones that were important for their parents.

10. ADA Marks 25 Years With Accomplishments, Challenges -

America is a different place because of the Americans with Disabilities Act, which became the law of the land 25 years ago.

Older buildings without some kind of wheelchair ramp look out of place. Other accommodations for the disabled are an expected part of the landscape including curb cuts, lowered water fountains and restroom accommodations.

11. New Closing Regulations Create Title Company Anxiety -

Real estate is still hot in the Nashville area, with July expected to be another record month. Even so, showings seem to be slowing, and listings mounting.

With a little luck, buyers may soon have options.

12. Same-Sex Marriage Ruling Means Changes for Benefits -

On June 26, 2015, in the case of Obergefell v. Hodges, the U.S. Supreme Court recognized that all couples, regardless of gender, have a fundamental right to marry. The court also directed states to issue marriage certificates to same-sex couples, and to recognize same-sex marriages performed in states that previously recognized this union. This decision will impact employee benefits in a number of ways.

13. Pre-Planning For The End -

Pre-planning your funeral may well be the most important and considerate gift you leave your family.

When you plan in advance, there is time to contemplate decisions such as what type of service you would like – traditional or unique and related to the life you have led. You also limit costs when you plan in advance, limiting the trauma and “upsell” risk to your family. When you plan in advance, you decide the priorities.

14. Charles Hughes to Head Rhodes’ Memphis Center -

Dr. Charles L. Hughes has been named director of Rhodes College’s Memphis Center, an academic hub focused on the human experience of the Memphis and Mid-South region. He will be teaching classes on Memphis history and culture, coordinating student projects and developing programs, and also will be continuing his own research on the area.

15. Tennessee’s ‘Fighting 26’ Democrats Work to Stay Relevant -

Sometimes Tennessee Democrats must feel like a tree that falls in the forest: Does anyone hear them?

When Democratic legislative leaders called for a special session this summer on Insure Tennessee, Gov. Bill Haslam’s market-based plan to use federal dollars to catch 280,000 working people in a health care coverage gap, they found themselves alone.

16. It’s the Law -

THE LAW, AND I QUOTE. Oh, the outrage! Across the nation, people have reacted to the laws passed and validated by the courts, their liberty threatened, the Constitution violated, the republic at risk.

17. Building Blocks of Estate Planning -

Ray’s take: Estate planning is one of the most important steps any person can take to ensure their final property and health care wishes are honored when the time comes. You may not be able to take it with you, but you can have a say about where it goes.

18. Special Action on Same-Sex Nuptials a Waste of Time -

With Republican lawmakers scrambling for a response to the U.S. Supreme Court’s gay-marriage ruling, Tennesseans on both sides of the issue say they are seeking "equality."

Immediately after the court’s decision on Obergefell v. Hodges, Democratic U.S. Rep. Jim Cooper of Nashville said, "Love and equality won. I’m glad the Supreme Court ruled on the right side of history."

19. Graceland Hotel Developers File $84 Million Construction Loan -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

20. Belz’s Industrial Portfolio Sells to MDH for $82 Million -

The recent sale of Belz Enterprise’s industrial portfolio to MDH Partners LLC of Atlanta totals more than $82 million, according to four special warranty deeds filed on June 19.

21. Belz’s Industrial Portfolio Sells to MDH for $82 Million -

The recent sale of Belz Enterprise’s industrial portfolio to MDH Partners LLC of Atlanta totals more than $82 million, according to four special warranty deeds filed on June 19.

22. Graceland Hotel Developers File $84 Million Construction Loan -

The developers behind a massive hotel near Graceland are ready to shake, rattle and roll on the project.

Guest House at Graceland LLC, formed to develop the hotel, has filed an $84 million construction loan for the 450-room resort-style hotel at 3600 Elvis Presley Blvd.

23. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

24. Hillwood Pays $17.7M for FedEx SupplyChain Facility -

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

25. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

Hillwood Investment Properties, a Dallas-based commercial real estate investment company based, has purchased the Summit Distribution Center Building II, according to a special warranty deed filed June 4.

26. Design Board OKs Universal Life Redevelopment -

Developers of the Universal Life building have cleared a key regulatory hurdle.

The Downtown Memphis Commission’s Design Review Board on Wednesday, June 3, approved architects Jimmie Tucker and Juan Self’s plans to redevelop the historic property at Danny Thomas Boulevard and Linden Avenue.

27. Design Review Board OKs Universal Life Redevelopment -

Developers of the Universal Life building have cleared a key regulatory hurdle.

The Downtown Memphis Commission’s Design Review Board on Wednesday, June 3, approved architects Jimmie Tucker and Juan Self’s plans to redevelop the historic property at Danny Thomas Boulevard and Linden Avenue.

28. Connexion Point to Hire Nearly 400 in Memphis -

A technology-driven health care services company is opening a Memphis office that will employ nearly 400 people over the next few months.

Connexion Point, a Salt Lake City, Utah-based company that represents large insurance companies, will open a contact center at Nonconnah Corporate Center in Southwest Memphis.

29. Small Banks Find Ways to Compete With Giants -

Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.

30. Got A Dream? Launch It With Help From Crowdfunding -

One friend helped Annie Klaver get into her corporate job, and 131 helped her get out. More specifically, 131 people pledged a total of $15,556 on Indiegogo, enabling Klaver to launch her new outdoor company, River Queen Voyages, this month.

31. Former Lawmakers Covered By State Insurance Plan -

Tennessee records show that there are more former lawmakers enrolled in the health insurance plan for state employees than current lawmakers.

The Knoxville News Sentinel cited records from the state office of benefits administration in reporting that 148 former lawmakers are enrolled compared to 116 current lawmakers.

32. Planning for Those With Special Needs -

Ray’s take: Sometimes life throws us a curve in the form of a child with special needs. And when that happens, the best gift we can give them, beyond our love and care, is a future securely planned to meet their individual needs.

33. Donelson Honored With Carnival’s Highest Award -

Nearly 500 law industry leaders filled the Hilton Memphis ballroom for Carnival Memphis’ annual Business & Industry Salute luncheon as part of its 84th anniversary celebration.

King of Carnival John Bobango, chief manager of Farris Bobango PLC, gave honors to four individuals, five locally headquartered law firms, the largest corporate law department in Tennessee and two nonprofit organizations that are vital to the legal industry.

34. Rodgers Takes Reins at Collierville Chamber -

Kanette Keough-Rodgers recently took over as president/CEO of the Collierville Chamber of Commerce after the chamber’s transition team selected her from more than 170 candidates.

In her new role, Rodgers is responsible for retaining and expanding chamber membership by ensuring members receive relevant, responsive and timely services, initiatives, programs and events. She is also responsible for forging and sustaining relationships with community, government and educational institutions.

35. University of Memphis Foundation Applies for $1 Million Building Permit -

1115 E. Getwell Loop
Memphis, TN 38111
Permit Amount: $1 million

Applicant: The University of Memphis Foundation
Project Cost: $40 million
Permit Application Date: April, 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The University of Memphis Foundation has applied for a $1 million building permit for a new facility at the university’s Park Avenue campus.

36. Medical Center Apartments Sell for $6.4 Million -

A Memphis investor has acquired a Memphis Medical Center apartment building for $6.4 million.

Thunderbird Towers LLC bought the 201-unit, Class C apartment building at 141 N. Manassas St., known as the Adams Place Apartments, from 750 Adams Place LLC, according to an April 13 warranty deed.

37. Investor Buys Medical Center Apartments for $6.4 Million -

A Memphis investor has acquired a Memphis Medical Center apartment building for $6.4 million.

Thunderbird Towers LLC bought the 201-unit, Class C apartment building at 141 N. Manassas St., known as the Adams Place Apartments, from 750 Adams Place LLC, according to an April 13 warranty deed.

38. Universal Life Building Developers Secure Loan -

The Center City Development Corp. approved a $300,000 loan to help get the planned redevelopment of the Universal Life Building across the finish line.

39. Universal Life Building Developers Secure Loan -

The Center City Development Corp. approved a $300,000 loan to help get the planned redevelopment of the Universal Life Building across the finish line.

40. Universal Life Building Developers Acquire Key Public Financing -

Developers of the Universal Life Building have received approval for two key pieces of financing and a commitment from the city of Memphis to lease about half of the building.

Self-Tucker Properties LLC won approval Tuesday, April 14, for a nine-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use. Architects Jimmie Tucker and Juan Self, principals of Self-Tucker Architects, also gained approval for $2 million in Qualified Energy Conservation Bonds for the project.

41. Pinnacle Awards Honor Commercial Real Estate Standouts -

The local commercial real estate community gathered at the Memphis Botanic Garden Thursday, April 9, for the 14th annual Pinnacle Awards. Every year, the Memphis Area Association of Realtors Commercial Council honors its members based on their transactional volume, merit and community activity.

42. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

43. Big Leap From Hollywood Hustle to Nolensville ‘Barn’ -

The step-grandmother of Clark Gable’s granddaughter leans back in her chair inside the Mennonite furniture store and holds up a foot.

“Look. I’m wearing orange socks. I must be eccentric,” says Linda Roberts as a gray, misty day chases me from Nolensville Road into the worn building tucked against Mill Creek.

44. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

45. Let’s Face It -

THE FACE OF UNINSURED TENNESSEE. I washed down my eggs with a big swig of cold reality, decidedly unsweet.

The woman serving me was familiar in the way regular customers and servers are familiar, not close but not strangers, not really friends but really friendly. “Haven’t seen you in a while,” I said, an opening that invites but doesn’t require an explanation, that notes a change in appearance without referencing it.

46. Universal Life Building Developers Seek PILOT -

Developers of the Universal Life Building are seeking a 10-year payment-in-lieu-of-taxes agreement from the Center City Revenue Finance Corp. to renovate the building for office use.

47. Group Benefits Aids Employers Navigating Health Care Reform -

Tim Finnell admits that the ins and outs of the Affordable Care Act are convoluted, and employers trying to navigate group plans for their companies are easily overwhelmed.

That’s where Finnell and his team at Group Benefits LLC step in. They help companies fund strategies and compliance support as well as find insurance packages to fit employees’ medical, vision, dental and disability needs.

48. Prepare for the Unexpected -

Ray’s Take: In the last 15 years, we have seen a cratering of housing prices, the near-collapse of the banking system, double-digit unemployment and two of the most extreme market cycles since the Great Depression. So, unfortunately, bad news has become somewhat of the norm.

49. MRG Enjoys Flurry of Leasing Activity -

Memphis-based Makowsky Ringel Greenberg LLC is reporting leasing activity at its retail, office and industrial properties.

50. Insure Your Love -

Ahhh, February. The month that we proclaim our love to the ones that we hold dear. Now that the roses are withered and the chocolates devoured, with only a few extra pounds to show for it, do you still feel the love? Our love is the glue that keeps our family close, but it won’t pay the bills if we aren’t here.

51. IRS Apologizes for Seizing Bank Accounts of Small Businesses -

WASHINGTON (AP) – Pressured by Congress, the IRS said Wednesday it is changing its policies and apologizing for seizing banks accounts from otherwise law-abiding business owners simply because they structured bank transactions to avoid federal reporting requirements.

52. Hackers Access Records for Millions of Anthem Customers -

INDIANAPOLIS (AP) – Hackers broke into a health insurance database storing information for about 80 million people in an attack bound to stoke fears many Americans have about the privacy of their most sensitive information.

53. Health of 200,000 Tennesseans Depends on Governor’s Proposal -

As a nurse serving Tennesseans for over 32 years, I know intimately what sickness looks like, and what it takes to build a healthy life. One of the most important things to ensuring the health and wholeness of our communities is access to affordable health insurance.

54. Almost Half of US Households Exhaust Their Salaries -

WASHINGTON (AP) – The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating.

55. Home Services Keep Seniors Independent -

Sooner or later, most people end up caring for aging mothers and fathers or become seniors themselves, wondering who to turn to when independent daily living becomes impossible.

Both propositions are frightening and stressful.

56. OK, Baby Boomers: Time for Some Hard Decisions -

She works in her yard, maintains a garden, watches her diet and is waiting for her exercise group to get started at the FiftyForward Center in Madison.

Asked about long-term care insurance, Eva Mai Nelson says, “I’ve thought about it. I don’t think it’s worthwhile to buy at my age.” She’s 83.

57. Plans Emerge for Universal Life Building -

In major Downtown news, the on-again, off-again redevelopment of the Universal Life Insurance Co. building Downtown appears to be on.

58. Booking a Trip to the ER on Your Smartphone? It's a Breeze -

TRENTON, N.J. (AP) – It's like OpenTable for medical appointments.

No waiting weeks to see a dermatologist. No sitting for hours in the emergency room. No frantic calls to find a family doctor with openings.

59. IRS Cuts Taxpayer Services as Filing Returns Gets Harder -

WASHINGTON (AP) – The IRS is cutting taxpayer services to historically low levels just as President Barack Obama's health law will make filing a federal tax return more complicated for millions of families.

60. Commercial Success -

If, as the saying goes, everyone gets 15 minutes of fame, Bart Durham’s has come in 15- and 30-second spurts – the length of the commercials that depict him as a lawyer everyman, ever-ready to tilt at windmills for the sake of justice for the working class.

61. Tennessee’s Health Problem -

For years, the concept of “wellness” or “preventive health” measures has been the “eat your vegetables” mantra of a growing national discussion on health care that has focused primarily on the cost of such care and who should pay for it or try to control it.

62. Money Management Principles -

Ray’s take: Most things in life involve a set of basic principles, and money management is no exception to the rule.

First, you should know and understand what you earn. You should not only know your gross salary and net pay amounts, but you should also understand your withholding and insurance benefit withdrawals. Without earnings, there would be no need for money management principles. Make the most of what you earn by following other principles.

63. The Preserve at Southwind Sells for $28 Million -

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million

Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

64. Southwind Apartments Sell for $28 Million -

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

65. How Wealth Gap Complicates Sibling Relationships -

NEW YORK (AP) – When Jayson Seaver thinks about why he makes so much money while some Americans can't catch a break, he thinks of the sacrifices he's made, the jobs he worked to pay for college, the 12-hour days he spends at the office now.

66. Southwind Apartments Sell for $28 Million -

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

67. Election Year Marks Passing of Generations -

There were more than a few indications of the passing of political generations in Memphis this past year.

Political leaders left the scene to return to life out of office, got elected to other offices and, in some cases, passed away.

68. MassMutual Sponsors New JA BizTown Shop -

Junior Achievement of Memphis and the Mid-South Inc. has announced MassMutual Life Insurance Co. as its newest shop sponsor for JA BizTown.

69. MassMutual Sponsors New JA BizTown Shop -

Junior Achievement of Memphis and the Mid-South Inc. has announced MassMutual Life Insurance Co. as its newest shop sponsor for JA BizTown.

70. McGuire Joins Insight Risk Management -

Myles McGuire has joined Insight Risk Management LLC as a corporate consultant. In his new role, he will consult with commercial clients and place them with the appropriate coverages to protect their business from risk and liability issues.

71. New Book Captures Iconic Memphis Signs -

It might be easy to overlook the signage that identifies a place or business when considering the wide sweep of Memphis’ topography.

But one Memphis artist took inspiration from the city’s often iconic signs for her newest project, a book on sale now called “Memphis Type History: Signs and Stories from Just Around the Corner.”

72. Ben Little's: Service Station Service in Self-Serve World -

The gentle soul who used to get his hair cut by an Everly Father a couple of doors down – and who pumped 100 percent pure gas to keep country immortal Ernest Tubb movin’ on – has enjoyed the last four-plus decades next to what used to be called Hailey’s Shopping Center.

73. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

74. Some Council Members Feel Dissed By Wharton -

It was a phrase guaranteed to put more diss in the dysfunction between the Memphis City Council and Memphis Mayor A C Wharton Jr.

And some on the council had plenty to say Tuesday, Oct. 7, about the weekend press release from Wharton announcing changes in the city’s health insurance plan starting next year.

75. Retirees, City Attorneys Spar Over Lifetime Subsidies -

The move by city retirees to block the end of a 70-percent subsidy of their health insurance premiums by the city of Memphis drew heavy fire Monday, Oct. 6, in Shelby County Chancery Court.

Several retirees testified before Chancellor Walter Evans that they were promised the subsidies for the rest of their lives when they were hired by city government.

76. Evans Hears Arguments Over City Health Insurance Benefits -

Chancellor Walter Evans won’t rule until later this month on a move by city retirees to at least temporarily halt the city’s plan to end a 70 percent subsidy of health insurance premiums for city retirees.

77. Airbnb, Other In-Home Vacation Rentals Face Rules, Taxes -

When Hume-Fogg teacher Elizabeth Smith and her husband became empty-nesters, they talked about downsizing.

78. I Choose Memphis: Gregory Love -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Gregory Love

79. Certified Financial Planner – One Big Thing -

Ray's take: In today’s world of financial specialists, each one has their own view of what you should do – because each one is focused on their own focused area of the big picture: the CPA, the insurance agent, the attorney, etc.

80. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

81. Beneficiary Forms Trump Your Will -

Ray’s take: Few people like to think about death – particularly their own. But a sound estate plan includes dealing with that possibility to be certain your wishes are honored after you “make the switch.”

82. Springing to Life -

When Ridgeland, Miss.-based development firm the Bryan Co. broke ground on The Horizon condominium tower in 2007, it was at the peak of the housing bubble and optimism from elected officials and Downtown boosters was equally high.

83. Frayser Town Center Would be Based on Manhattan Park -

The town center plan for Frayser that debuted this past weekend at the first annual “Frayser Day” celebration is built on the model of Bryant Park in Manhattan only on a smaller scale to fit the Frayser Plaza Shopping Center.

84. Homebuilders Launch Insurance Program -

The West Tennessee Home Builders Association has joined forces with other homebuilder associations in Tennessee and contracted with national employee benefit consulting firm gbac inc. and Memphis-based Shoemaker Financial to launch the Tennessee Construction Industry Health Insurance Program.

85. Early Vote Expands as Campaigns Enter New Phase -

There is a unique and persistent part of the political process that gnaws at candidates, separating them from the voters they court and sometimes stalk. You might call it the day of the ballot.

In the weeks leading up to the start of early voting, they get hit up constantly by those putting out endorsement ballots to be distributed during early voting and on election day, most often by paid poll workers. Candidates must pay to be on a ballot, which those organizing the ballots say is necessary to cover printing and distribution costs.

86. Editorial: City Falters in Benefits Changes Approach -

There was a better way for the city of Memphis to make needed changes to health insurance benefits for city employees and retirees.

A lot more leadership from the mayor is at the top of the list of “should haves” we have in how this has been handled to date with pension changes still to come in October.

87. Green Mountain Consulting Finds Home Along Poplar -

Logistics vendor Green Mountain Consulting wasn’t necessarily looking to buy an office building when it began its search for more office space for expansion.

“We’re not getting into the commercial real estate business because we wanted to be in it; we got into it because we have a company to operate and needed the space,” said Jim Jacobs, one of Green Mountain’s co-founders.

88. Thoughts for 30-Somethings -

Ray’s take: You spent your 20s setting up your life – developing some marketable skills, getting a career started, (hopefully) creating a budget, and learning to live with it.

89. City to Issue Cease-and-Desist Notices to Rideshare Services -

The city of Memphis will ask popular ridesharing services such as Uber and Lyft to cease and desist operations until they acquire city permits.

“We know (Uber and Lyft) are doing business in Memphis without the required permit,” said Memphis spokeswoman Dewanna Smith. “We will send them a cease-and-desist notice along with an application and links to our ordinances. That letter has only recently been approved by counsel and will be going out soon.”

90. Pathmark Inks Lease at I-Bank Tower -

A longtime third-party logistics company is on the move.

Pathmark Transportation Co., which was started in 1984 as a subsidiary of petroleum marketing company Pathmark International before becoming a national logistics provider, has signed a new lease for 3,800 square feet at the i-bank Tower on Poplar Avenue in East Memphis.

91. Cushman & Wakefield Adds Yates to Capital Markets Team -

Alex Yates has joined the Cushman & Wakefield/Commercial Advisors Capital Markets team as vice president, assisting and executing investment sales, debt/equity placement and development advisory projects. Yates’ efforts will be heavily concentrated in multifamily and retail, but he will focus on other product types as well.

92. Legacy Farm Owner Files $29.8 Million Loan -

1120 Winchester Road
Collierville, TN 38017
Loan Amount: $29.8 million

Loan Date: June 18, 2014
Maturity Date: July 1, 2021
Borrower: Legacy Farm LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

93. New Health Chief Moves to Put Stamp on Overhaul -

WASHINGTON (AP) – Aiming to avoid more insurance chaos this fall, the nation's new health care chief announced Friday she's revamping the management of President Barack Obama's health overhaul.

94. Legacy Farm Owner Files $29.8 Million Loan -

The owner of the 368-unit Legacy Farm apartment complex at 1120 Winchester Road in Collierville has filed a $29.8 million loan on the property.

95. Westbrook Crossing Owner Files $22 Million Loan -

The owner of the Westbrook Crossing apartments at 525 Shea Road in Collierville has filed a $22 million loan on the property.

96. Battle Lines -

The city’s operating and capital budgets are just about set for the new fiscal year next month. Hard decisions made about health insurance for city employees and retirees Tuesday, June 17, are unlikely to be revisited by the Memphis City Council.

97. $1,000-a-Pill Sovaldi Jolts US Health Care System -

WASHINGTON (AP) – Your money or your life?

Sovaldi, a new pill for hepatitis C, cures the liver-wasting disease in 9 of 10 patients, but treatment can cost more than $90,000.

Leading medical societies recommend the drug as a first-line treatment, and patients are clamoring for it. But insurance companies and state Medicaid programs are gagging on the price. In Oregon, officials propose to limit how many low-income patients can get Sovaldi.

98. Council Weighs Timeline for Key Votes -

The Memphis City Council’s vote later this month on health insurance changes for city employees and retirees is critical in terms of increasing the city’s annual required contribution toward its unfunded pension liability.

99. New Rosenfelt Novel Delivers -

David Rosenfelt has done it again! Kept me in my chair for two whole hours, that is. Once I got to page 100 of “Without Warning,” I had to just go ahead and finish it. You know, to see how it would end.

100. Ridge Lake Building Sold After Foreclosure -

756 Ridge Lake Blvd.
Memphis, TN 38120
Sale Amount: $2.9 million

Sale Date: May 8, 2014
Buyer: Life Insurance Co. of the Southwest
Seller: Brooks R. Smith, successor trustee
Details: The 38,472-square-foot Ridge Lake Office Building at 756 Ridge Lake Blvd. in East Memphis has sold back to the lender for $2.9 million following a foreclosure.