Editorial Results (free)
1.
Safeways Crime Program Goes for Long Haul -
Wednesday, April 03, 2013
When Pierce Ledbetter, the CEO of LEDIC Management, signed up his company’s Autumn Ridge apartment complex for the federally funded Safeways anti-crime initiative in 2009, he was nervous.
And his apprehension was soon borne out as residents in the crime-ridden apartment complex reacted to the new regime of police cameras and stricter regulations on trespassers and unannounced visitors.
2.
Coffee, Beer Bar Coming Downtown -
Friday, March 22, 2013
Downtown residents and visitors will soon be able to grab a cup of joe, locally brewed beer and a fresh sandwich or salad in one convenient spot.
Taylor Berger, partner in YoLo Frozen Yogurt & Gelato, and partners Mitch Buckner (of Bella Café in Pink Palace) and Daniel Flanagan (of Chiwawa, the newly opened Southern-inspired eatery near Overton Square) have signed a lease for 2,755 square feet of retail space in the ground floor of Van Vleet Flats, 122 Gayoso Ave.
3.
Imre Named Assistant Controller at Makowsky Ringel Greenberg -
Wednesday, January 23, 2013
Nancy Imre has joined Makowsky Ringel Greenberg LLC as assistant controller. Imre is responsible for the real estate management company’s accounting department, overseeing investor reporting and preparation of corporate financial statements.
4.
Midtown Momentum -
Saturday, December 22, 2012
The Midtown real estate market has long been an anomaly compared to its Bluff City counterparts, with fundamentals as diverse as its demographics.
“The types of real estate that you’ll find in Midtown can be some of the most expensive or some of the most modest when it comes to prices and facility,” said Gary Myers of Gary Myers Co. “Retail in particular.”
5.
Makowsky Ringel Greenberg Beefs Up Commercial Team -
Tuesday, December 18, 2012
Makowsky Ringel Greenberg LLC is sharpening the focus of its commercial real estate division to stabilize its existing portfolio as well as build its third-party brokerage in the Memphis market.
6.
Seminar Underscores Commercial Sectors’ Highs, Lows -
Monday, November 05, 2012
Memphis’ commercial real estate market for the most part appears to mirror national trends, with all four sectors boasting challenges and bright spots so far this year.
That was a message a room full of real estate professionals received when The Daily News hosted its second annual Commercial Real Estate seminar Thursday, Nov.1, at the Memphis Brooks Museum of Art, sponsored by Magna Bank and Evans Petree PC.
7.
Seminar To Tackle Commercial Conditions -
Tuesday, October 23, 2012
While many commercial real estate professionals would like to forget about 2011 altogether, celebrating increases in 2012 is necessary for morale.
Shelby County experienced the most second-quarter sales this year since the second quarter of 2008, and the highest quarterly sales revenue since the second quarter of 2007.
8.
Kroger Buys Union Space for Expansion -
Friday, September 14, 2012
Kroger has acquired the Belvedere Apartments in Midtown as part of a long-term project to reconfigure the grocery store’s antiquated and challenged layout.
Kroger Delta Division closed Wednesday, Sept. 12, on the 10-story apartment high-rise at 1733 Union Ave. from Belvedere Apartment Inc. The sale includes Belvedere’s attached and front parking areas.
9.
Literacy Mid-South’s Dean Appointed to State Coalition -
Wednesday, June 27, 2012
Kevin Dean, executive director of Literacy Mid-South, has been appointed to the Tennessee Literacy Coalition’s board of directors. The board unanimously approved Dean’s nomination, and he will serve as a representative from West Tennessee for three years.
10.
Thorpe Products Inks New Deal On Democrat -
Friday, April 06, 2012
Thorpe Products Co. is relocating its Memphis branch location to a site with higher ceiling heights and better proximity to its clients.
11.
‘Modified and Decreased’ -
Tuesday, August 23, 2011
The Memphis condominium market is hoping to gain some positive momentum through the rest of this year thanks to historically low interest rates and decreasing condo supply across the city.
Condo sales in the Memphis area in 2011 are down 27 percent compared to 2010, with 310 sales through July this year versus 422 sales in the same time during 2010, according to real estate information company Chandler Reports, www.chandlerreports.com.
12.
MRG Bullish On Multifamily Market -
Wednesday, August 17, 2011
With pending uncertainty about the housing market, the local multifamily market appears to be staging a healthy comeback.
This year has been especially kind to Makowsky Ringel Greenberg LLC, a 45-year-old commercial real estate firm whose business model is about 80 percent multifamily work.
13.
HopeWorks, Businesses Give Hope Through Internships -
Thursday, August 11, 2011
A number of local businesses are offering hope to the city’s chronically unemployed in the form of internships that provide real-world, on-the-job training.
The program is coordinated by HopeWorks, a 22-year-old nonprofit, faith-based organization dedicated to helping poor and chronically unemployed Memphians find steady work.
14.
Pet Hospital Signs Lease at Corner Shops -
Friday, November 05, 2010
A new pet hospital is among the most recent tenants at The Corner Shops of Canada Road.
The Lakeland Pet Hospital signed a new 3,850-square-foot lease in the 32,500-square-foot center, at the northwest corner of U.S. 64 and Canada Road in Lakeland.
15.
Colliers Sells Property to Union Forklift -
Friday, October 22, 2010
Colliers International recently sold an 18,750-square-foot building in the Perimeter Point Business Park, 2188 Spicer Cove.
16.
MedVet Memphis Builds New Cordova Facility -
Tuesday, August 31, 2010
555 Trinity Creek Cove
Cordova, TN 38018
Permit Amount: $3 million
Permit Date: Applied August 2010
Completion: May 2011 (open Summer 2011)
Owner: MedVet Memphis LLC
Tenant: MedVet Memphis LLC
Architect: archimania
Contractor: Grinder, Taber & Grinder Inc.
17.
Spottswood Property Sells for $680,000 -
Thursday, August 26, 2010
Three addresses on Spottswood Avenue have sold to the same buyer for a total $680,000. University Highlands bought apartment complexes at 3417 and 3443 Spottswood Ave. from InSouth Bank for $640,000 and a house at 3435 Spottswood from Sycamore Bank for $40,000.
18.
MAAR Commercial Council Welcomes New Board Members -
Monday, August 16, 2010
The Memphis Area Association of Realtors Commercial Council held its annual board of directors meeting Thursday, approving three new members for its 2011 board.
Greg deWitt of Grubb & Ellis Co. will take over one of the council’s director seats next year before becoming the council’s vice president in 2012. He will inherit the seat occupied by John Mercer of Highwoods Properties in 2011.
19.
Stratford Place Owner Files $1.4 Million Loan -
Tuesday, February 16, 2010
1806 and 2098 Poplar Ave.
Memphis, TN 38104
Loan Amount: $1.4 million
Loan Date: Jan. 26, 2010
Maturity Date: N/A
Borrower: Stratford Place LLC
Lender: Union Central Life Insurance Co.
20.
Stratford Place Owner Files $1.4 Million Loan -
Tuesday, February 09, 2010
Stratford Place LLC, the owner of the Stratford Place apartments at 1806 Poplar Ave. and the Midtown Place apartments at 2095 Poplar Ave. in Midtown, has filed a $1.4 million deed of trust, security agreement, assignment and rents and fixture filing statement through Union Central Life Insurance Co. on the properties.
21.
Louisiana Investor Buys Arlington Retail Center -
Tuesday, September 15, 2009
6050 Air Line Road
Arlington, TN 38002
Sale Amount: $1.8 Million
Sale Date: Sept. 2, 2009
Buyer: Southeast Investments LLC
Seller: Pleasant Place LLC, Waymon H. Welch, Danya Welch, Dawn Welch, Jon E. McCreery, Phillip Chamberlain
22.
Arlington Center Sells for $1.8 Million -
Wednesday, September 09, 2009
Southeast Investments LLC of Slidell, La., has bought a 23,952-square-foot retail center at 6050 Air Line Road in Arlington for $1.8 million in a deed in lieu of foreclosure. The sellers were Pleasant Place LLC, Waymon H. Welch, Danya Welch, Dawn Welch, Jon E. McCreery and Phillip Chamberlain. The sale closed Sept. 2.
23.
Pera Appointed Special Adviser For ABA Strategic Communications Committee -
Wednesday, September 09, 2009
Lucian Pera of Adams and Reese LLP has been appointed as a special adviser of the American Bar Association’s Standing Committee on Strategic Communications for a one-year term.
24.
Multifamily Market Dominated By Foreclosure Sales -
Thursday, May 14, 2009
Apartment complexes can be found throughout Memphis, but lately it seems the center of the multifamily world is on the courthouse steps Downtown.
Foreclosure sales have dominated the industry’s activity in Shelby County of late, with the most lucrative deals occurring as trustees’ deeds after the original owner defaults on a property or as bank sales after the lender reclaims and resells the property.
25.
Memphis Multifamily Experiences Mixed Results -
Monday, February 23, 2009
The Memphis multifamily market is garnering mixed reviews as analysts reflect on a relatively stable 2008 while projecting a potentially turbulent 2009.
Though the apartment sector didn’t fare as poorly as office and retail last year, it did endure a host of downward trends, from occupancy to construction to absorption, according to year-end data from the multifamily division of CB Richard Ellis Memphis.
26.
Commercial Real Estate Still Dropping, Stanton Says -
Thursday, February 19, 2009
Janice Stanton, managing director of investment research for Cushman & Wakefield in New York, discussed the global financial crisis and how it has impacted commercial real estate at Wednesday’s Commercial Property Forecast Summit, at the Germantown Performing Arts Centre and sponsored by the Memphis Area Association of Realtors Commercial Council.
27.
Whitehaven Apartments Sell for $1.3 Million -
Tuesday, August 26, 2008
1033 Whitaker Drive
Memphis, TN 38116
Sale Amount: $1.3 Million
Sale Date: July 30, 2008
Buyer: Geoffrey Sinckler
Seller: Whitaker Place Associates
Loan Amount: $1.5 million
Loan Date: July 30, 2008
Maturity Date: Aug. 1, 2011
Lender: Regions Bank
28.
OrthoOne Secures Land For New Facility -
Tuesday, May 13, 2008
3.57 Acres on Market Center Drive
Collierville, TN 38017
Sale Amount: $914,513
Sale Date: April 25, 2008
Buyer: Attilla Group LLC
Seller: MED-A.R.M. Inc.
Loan Amount: $3.5 million
Loan Date: April 25, 2008
Maturity Date: N/A
Lender: Magna Bank
29.
Schilling Farms Land Sells for $2.4M -
Wednesday, May 07, 2008
A group of investors related to Belz Enterprises Inc. and Makowsky Ringel Greenberg LLC has bought 18.31 acres of land in Collierville's Schilling Farms Planned Development for $2.4 million from Colonial Properties LLC.
The buying entities and their percentage of ownership are Belz Investco GP (50 percent); LMR LP (31.22 percent); LMR V LP (17.78 percent); and MRG LLC (1 percent). The sale closed May 1.
The property, which is on the north side of Winchester Road near West Schilling Blvd., eventually will be developed into multifamily housing, said Michael Greenberg, CEO of Makowsky Ringel Greenberg.
"It's premature, although our plan pretty far down the line will be to develop it for apartments," Greenberg said. "The land is vacant and zoned, and we're just now going into the design process, so it will be a while before we submit plans and try to pull permits."
Despite not being able to pin down a timeline, Greenberg said it made sense to invest in Schilling Farms and Collierville.
"We think Collierville is a good market," he said.
Schilling Farms is a $350 million, 443-acre, mixed-use planned development on the western edge of Collierville. It's being developed by Boyle Investment Co.
The seller, Colonial Properties, bought the land in June 2006 for $2.2 million from Runnels Family Holdings LLC.
...30.
The Laurels' Greenberg Pins Sales Hopes On Insulated Buyers -
Thursday, April 17, 2008
Aside from a concrete foundation and the rebar rising from it, there isn't much to see at the fenced-in construction site on the northeast corner of Central Avenue and Highland Street.
But Michael Greenberg clearly envisions the location's finished project - a $13.2 million condominium project called The Laurels.
31.
2007's Top RealtorsHonored by MAAR -
Thursday, January 17, 2008
The Memphis Area Association of Realtors recently handed out awards at its annual gala, including one to John Linthicum of Crye-Leike Inc., who was named 2007 Realtor of the Year. Randy Jefferson of The Hobson Co. Realto32.
Archived Article -
Tuesday, November 27, 2007
The Laurels condos at
Highland Street and Central Avenue
Loan Amount: $10.5 million
Loan Date: Nov. 13, 2007
33.
MRG Files $10.5M LoanFor The Laurels Condos -
Wednesday, November 21, 2007
Makowsky Ringel Greenberg LLC has filed a construction loan for The Laurels condominiums at Highland Street and Central Avenue, and site work currently is under way.
MRG, under the name 34.
Proposed Apartment Development Draws Opposition from Neighbors -
Thursday, November 08, 2007
Makowsky Ringel Greenberg LLC is planning to build a four-story apartment building with a maximum of 202 units and an accompanying parking garage along a tree-lined, residential stretch of Park Avenue.
35.
MAAR ElectsBoard of Directors -
Tuesday, September 11, 2007
Members of the Memphis Area Association of Realtors (MAAR) elected five directors to the organization's board at last week's annual meeting.
The new directors are Bill Maury of Hobson Co36.
Subprime Fallout Could be Boon for Apartments -
Tuesday, August 28, 2007
If any industry stands to gain from the subprime lending debacle, in which foreclosures continue to escalate, it's the multifamily market. Because as people lose their homes and look for a place to land, their only option is renting.
37.
Multifamily Housing Market Remains Strong, Even With Lower Occupancies -
Tuesday, February 27, 2007
Bolstered by a healthy local economy - most notably the area's highest job growth in five years - the Memphis multifamily housing market enjoyed a strong 2006 despite declining occupancy rates.
In other words, a steady new stream of workers kept the demand for apartments high, helping fill Class A and B properties and bumping up overall rental prices.
38.
The Slowdown Lowdown -
Thursday, December 21, 2006
People who used the phrase "safe as houses" to sum up the residential construction market in Shelby County from late 2004 to late 2005 might seek less exemplary terms to describe the slowdown during that period.
39.
Westbury Apartments Refinanced for $22 Million -
Tuesday, September 26, 2006
Westbury Apartment Homes
Near Windyke Country Club
Loan Amount: $22.1 million
Loan Date: Sept. 12, 2006
40.
Shops at Highland Development Near University of Memphis Moves Forward -
Tuesday, August 08, 2006
Although he doesn't own a crystal ball, Josh Poag said he hopes to see The Shops at Highland University on the Highland Strip positively influence the area surrounding the University of Memphis.
Poag, executive vice president of Memphis-based real estate firm Poag & McEwen Lifestyle Centers, once lived in the area and said he thinks the community around the university is a great neighborhood with a lot of potential.
41.
What's Cooking on the Highland Strip? -
Thursday, February 23, 2006
A few months ago, Marty Roberts was scouting for possible sites for a small retail complex. He bought what he considered a promising piece of vacant land along Park Avenue, where he's planning to begin construction soon on a 4,400-square-foot strip center.
42.
More Apartment Communities Go to Outsiders -
Monday, February 20, 2006
If you're an investor looking to spend some cash in the multifamily market, chances are the grass looks greener on the other side of the fence - maybe several states away.
That's been proven recently in Memphis, where several apartment properties have been snapped up quietly by out-of-town investment companies.
43.
Condos On Tap For U of M Area -
Monday, February 20, 2006
Development company Makowsky Ringel Greenberg LLC is planning to build a four-story, 40-unit condominium building at the corner of Highland Street and Central Avenue. The Redeemer Lutheran Church there will be torn down to make way for the new buildi44.
Shenandoah Group Buys Woodcrest Apartments -
Tuesday, October 11, 2005
170 N. Hollywood St.
Memphis, TN 38127
Cost: $1.5 million
Buyer: Shenandoah Group LLC
Seller: Lauburn Investments LLC, William A. Mathis and Charles M. Mathis
45.
Katrina Victims Seek Short-Term Housing Options -
Tuesday, September 13, 2005
Shelters for Hurricane Katrina evacuees are scattered throughout the Memphis area, but for some who were displaced by the storm, the reality is that they will find themselves in this region for months, not weeks.
46.
Apartment Market Continues to Struggle -
Tuesday, July 12, 2005
With mortgage interest rates remaining at low levels, potential homebuyers continue to flock to the single-family home market rather than opting to rent.
Apartment vacancy rates remain high in the local market, but some area property owners are seeing slight improvement in the numbers, despite a recent report in The Wall Street Journal that ranks Memphis in the bottom tier nationwide for vacancies.
47.
Archived Article: Newsmakers -
Wednesday, June 22, 2005
HEADLINE AdFed Names Pyramid Award Winners
The Memphis Advertising Federation named Robert Vornbrock and Glenna Rogers-Ward ad man and ad woman of the year at its 2005 Pyramid Awards ceremony. Vornbrock, president of diversified communications...
48.
Archived Article: Lead -
Wednesday, February 23, 2005
New Shopping Centers Create Stronger Competition Existing Retailers Brace for Competition
New malls will mean three super-regional retail hubs
LANCE ALLAN
The Daily News
With three large-scale, open-air shopping malls in the works two...
49.
Archived Article: Newsmakers -
Wednesday, February 16, 2005
YMCA Appoints Senior Vice President for Development YMCA Appoints Senior Development Officer
Rorie Trammel was promoted to senior vice president for development and community relations for YMCA of Memphis and the Mid-South. Trammel joined the ...
50.
Archived Article: Real -
Tuesday, January 25, 2005
Multifamily Market Sees Mixed Results Apartment Occupancy Low, Property Sales High
LANCE ALLAN
The Daily News
As low mortgage interest rates continue to drive single-family home sales in Metro Memphis, many apartment dwellers are abandon...
51.
Archived Article: Lead -
Monday, January 03, 2005
Icy Weather Could Mean Busy Courts Winter Weather Could Mean Busy Courts
Storm leads to premises liability issues for businesses
LANCE ALLAN
The Daily News
When the winter storm came through Memphis recently, it surprised more than we...
52.
Archived Article: Special Report (lead) -
Tuesday, August 24, 2004
Commercial data Investors Heat Up Commercial Market
Land, multifamily and office sales improve in first-half 2004
LANCE ALLAN
The Daily News
Real estate is moving in Metro Memphis, at least if the number of commercial transactions ove...
53.
Archived Article: Annex (lead) -
Wednesday, July 07, 2004
Annexation Affects More Than Residents Rising Taxes Hit Commercial Properties
Landlords adjust to annexation-driven tax increases
LANCE ALLAN
The Daily News
When an unincorporated area of Shelby County is annexed by the city of Memphi...
54.
Archived Article: Desoto (lead) -
Thursday, July 01, 2004
Vickie DuPree DeSoto Blossoms Into Commercial Hub
As countys population grows, industry and retail follow
ANDY MEEK
The Daily News
When it comes to DeSoto Countys steady growth as an industrial and commercial center, Vickie DuPree, ex...
55.
Archived Article: Hh Retail (lead) -
Monday, June 07, 2004
Hickory Hill As Hickory Hill Evolves, Retailers Adapt
Stores shift focus to local, not regional, shoppers
LANCE ALLAN
The Daily News
It wasnt so long ago that Metro Memphis had two major retail centers, each anchored by a sparkling ne...
56.
Archived Article: Real Focus -
Tuesday, May 18, 2004
Real Winchester: Not Another Germantown Parkway
LANCE ALLAN
The Daily News
Germantown Parkway, once a road without any reason for stoplights, now has too many to count, due in large part to commercial development that has taken place in ...
57.
Archived Article: Spcl Report (lead) -
Monday, January 26, 2004
Real lead Rates Drive 03 Real Estate Growth
The Daily News sees continued momentum in 04
LANCE ALLAN
The Daily News
The Memphis real estate market saw heavy activity in 2003, as warranty deed transactions increased by 17 percent, acco...
58.
Archived Article: Real Focus -
Tuesday, December 23, 2003
Real Mall Closure Changes Face of Retail Area
LANCE ALLAN
The Daily News
When the Mall of Memphis closes its doors Wednesday, it will mark the end of an era for the shopping centers Southeast Memphis home. Once the retail mecca of Metro ...
59.
Archived Article: Real Focus -
Tuesday, December 16, 2003
Real Apartments Struggle With Low Interest Rates
LANCE ALLAN
The Daily News
Pay $720 for a tiny, one-bedroom apartment, or an extra $120 a month for a three-bedroom house. Thats the decision University of Memphis grad Robert Goode faced ...
60.
Archived Article: Daily Digest -
Tuesday, December 16, 2003
Monticello Apartments Monticello Apartments
Sell for $9.7 Million
An investment group led by Makowsky Ringel Greenberg LLC has acquired the Monticello Apartments at 3250 Kirby Parkway for $9.7 million. Blake Pera and Steve Rudesill of CB Ri...
61.
Archived Article: Schnucks (lead) -
Tuesday, October 28, 2003
Lead Schnucks Adds to Cordova Competition
Grocer to anchor center across street from Kroger
LANCE ALLAN
The Daily News
Site work has begun on a 93,000-square-foot retail center that, when finished next year, will bring Schnucks 13th g...
62.
Archived Article: Lakeland (lead) -
Tuesday, October 07, 2003
Lead Highway 64 Sees More Retail Growth
Big-box retailers could continue to move east
LANCE ALLAN
The Daily News
When Makowsky Ringel Greenberg LLC opens its latest retail development along U.S. Highway 64 in the Lakeland area, it wil...
63.
Archived Article: Marketplace -
Monday, November 25, 2002
There are no titles, acronyms or organizational titles for the city of Memphis annual Thanksgiving dinner for the less fortun City pools resources for massive Thanksgiving feed
By ANDREW BELL
The Daily News
There are no titles, acronyms ...
64.
Archived Article: Memos -
Wednesday, July 03, 2002
Mark Askew, principal-in-charge of Memphis engineering firm Askew, Hargraves, Harcourt & Associates, was installed as presiden Mark Askew, principal-in-charge of Memphis engineering firm Askew, Hargraves, Harcourt & Associates, was instal...
65.
Archived Article: Real Review -
Tuesday, April 24, 2001
Allen & OHara, Fremont Realty Allen & OHara, Fremont Realty team up for national acquisitions Allen & OHara Inc. has entered into a strategic partnership with Fremont Realty Capital LP to capitalize Education Properties Trust LLC, an acq...66.
Archived Article: Real Focus (us64) -
Tuesday, August 01, 2000
U U.S. 64 reclaims rural roots east of interstate By KATHLEEN BURT The Daily News Turning right off the exit ramp of Interstate 40 at U.S. Highway 64 is similar to turning to a different world. The bright lights, big city feel growing to the west a ...