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Editorial Results (free)

1. Fogelman Affiliate Files Loan on Former Cozymel’s Site -

6450 Poplar Ave.
Memphis, TN 38119
Loan Amount: $6.1 million

Loan Date: Dec. 17, 2014
Maturity Date: Jan. 1, 2023
Borrower: Crown Centre LLC
Lender: Financial Federal Bank
Details: A company affiliated with Robert F. Fogelman II has filed a loan on a key piece of East Memphis land.

2. Two Storage Facilities Sell for $4.9 Million -

Affiliates of Oaktree Capital Management have acquired two Memphis area mini-storage properties for $4.9 million.

SSSP Kirby Raines LLC, an affiliate of Los Angeles-based Oaktree Capital, acquired the mini-storage property at 6504 E. Raines Road from TSRE III Kirby Raines LLC for $2.5 million, according to a Dec. 2 warranty deed. The 50,910-square-foot storage development was built in 1995, and the Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

3. Two Storage Facilities Sell for $4.9 Million -

Affiliates of Oaktree Capital Management have acquired two Memphis area mini-storage properties for $4.9 million.

SSSP Kirby Raines LLC, an affiliate of Los Angeles-based Oaktree Capital, acquired the mini-storage property at 6504 E. Raines Road from TSRE III Kirby Raines LLC for $2.5 million, according to a Dec. 2 warranty deed. The 50,910-square-foot storage development was built in 1995, and the Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

4. ‘Let’s Do This’ -

There was just something about FedExForum. Something about touring the more than 800,000-square-foot arena for the first time that made him think it’s “just awesome, being inside here.”

5. City Welcomes New Grizzlies Owner Pera -

Before founding the company he runs today, Ubiquiti Networks Inc., 34-year-old Robert Pera worked at Apple Inc., where he was a hardware engineer.

6. Carlisle Considers Wendy's Bid -

Memphis-based Wendy's franchisee Gene Carlisle, an old friend of Wendy's late founder Dave Thomas, is thinking about making a bid for the hamburger chain.

He also has some important ideas for whomever makes good on a buyout offer for the iconic U.S. restaurant brand, such as what priorities immediately would face a new owner of the company.