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Editorial Results (free)

1. Shelby Oaks Red Roof Inn Sells for $1.6 Million -

6055 Shelby Oaks Drive
Memphis, TN 38134

Sale Amount: $1.6 million

Sale Date: Sept. 19, 2012

2. NCI Files $2.2M Loan On Presidents Island Facility -

Houston-based NCI Group Inc. has filed a $2.2 million loan through Credit Suisse AG on the warehouse at 1836 Dock St. on Presidents Island.

3. Innovative Financial Group Taps Leader for Local Office -

Innovative Financial Group has chosen Andrew Stark to be managing associate of the firm’s Memphis office.

4. FTN Financial Expands Municipal Bond Group -

FTN Financial, a division of First Tennessee Bank, has made several recent hires in its Municipal Bond Group.

5. Architecture Inc.’s Schuermann Receives Chairman Appointment -

David M. Schuermann, AIA, NCARB, principal at Architecture Inc., has been named chairman of the Tennessee Board of Architectural and Engineering Examiners.

6. UPDATE: Council Completes Action On Metro Charter Group -

The Memphis City Council has approved the creation of a Metro Charter Commission.

The 11-0 vote at Tuesday’s council session makes the consolidation effort the most significant in nearly 40 years. The resolution’s passage means the 15 member commission will be appointed by both mayors – city of Memphis and Shelby County. The charter commission will come up with a charter for a consolidated government that will then go to voters for approval in Nov. 2010.

7. Research Model Seeks to Include More Minority Participants -

A local research network has developed a research model designed to bridge the gap in health care to underserved communities, especially the black community.

Using the method, the 31 ACORN network clinics have more than doubled minority participation in clinical trials.

8. Evolve Financial GroupAcquires Parkin Bancorp - Memphis-based Evolve Financial Group Inc. has completed the acquisition of Parkin Bancorp Inc. and subsidiary First State Bank. Following its acquisition, Parkin, Ark.-based First State Bank's name will be changed to Evolve Bank. First State Bank cur