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Editorial Results (free)

1. Oklahoma Hotel Group Buys Baymont Inn -

6020 Shelby Oaks Drive
Memphis, TN 38134
Sale Amount: $2.1 million

Sale Date: Aug. 6, 2013
Buyer: Champion Regional Development LLC
Seller: BRE/LQ Properties LLC
Loan Amount: $2.1 million
Loan Date: Aug. 7, 2013
Maturity Date: N/A
Borrowers: Sunny Management LLC; KNSB LLC; Jansa LLC
Lender: InterBank
Details: An affiliate of Oklahoma City-based Champion Hotels has paid $2.1 million for the 103-room Baymont Inn & Suites Memphis East hotel at 6020 Shelby Oaks Drive in Northeast Memphis.

2. American Mini Storage on US 64 Sells for $2.4 Million -

The 10-building, 85,390-square-foot American Mini Storage at 7399 U.S. 64 in Northeast Memphis has sold for $2.4 million following a foreclosure.

An entity called 7399 US Highway 64 Holdings LLC – which is affiliated with Miami Beach, Fla.-based loan servicer LNR Partners LLC – bought the property in a July 15 substitute trustee’s deed from Stewart G. Austin Jr. and R. Mathew Brinner of Glankler Brown PLLC.

3. Storage Facility Foreclosed After $3.4 Million Loan Default -

The 10-building, 85,390-square-foot American Mini Storage facility at 7399 U.S. 64 in Northeast Memphis is facing foreclosure, according to a first-run foreclosure notice in the Thursday, May 23, edition of The Daily News.

4. Mini-Storage on U.S. 64Sells for $4.3 Million -      A 10-building American Mini Storage facility at 7399 U.S. 64 west of Appling Road has been bought by four limited liability companies, or LLCs, for $4.3 million.
     BHGG LLC sold the seven