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Editorial Results (free)

1. Health Choice Selects Abisch to Lead Population Health Services -

Ellen Abisch has joined Health Choice LLC as senior director of population health services. In the newly created position, Abisch will be responsible for designing, implementing and managing population health and wellness programs for the Health Choice network.
Prior to joining the physician hospital organization, she served as manager of benefits and wellness for ServiceMaster.

2. Paragon Sets Record Profit in Third Quarter -

The good news keeps coming for Paragon National Bank.

Between July and September, the Memphis-based community bank completed the most profitable quarter in its nearly eight-year history. It also was the bank’s 11th straight quarter of profitability, and Paragon attributed the result to things such as improved asset quality, balance sheet growth, expense reduction and better net interest margin.

3. Sesley-Baymon Named CEO of Memphis Urban League -

Tonja Sesley-Baymon has been appointed president and CEO of the Memphis Urban League by its board of directors. Sesley-Baymon, who has worked with the league for eight years, previously served as programs director for the 70-year-old organization. In her new role, she will provide executive leadership to the league and advocate on behalf of social justice and economic issues affecting Memphis.

4. JPMorgan Faces Criminal Probe Over Mortgage Bonds -

NEW YORK (AP) – The U.S. Justice Department is investigating JPMorgan Chase over mortgage-backed investments the bank sold in the run-up to the financial crisis.

The New York-based bank said in a regulatory filing that it is responding to investigations by the civil and criminal divisions of the U.S. Attorney's office for the Eastern District of California. In May, the civil division informed JPMorgan that it had "preliminarily concluded" that the bank had violated federal securities laws in connection with certain mortgage-backed investments it sold from 2005 to 2007.

5. Daniels Takes on New Role at Greater Memphis Chamber -

The Greater Memphis Chamber has promoted Amy Daniels to the newly created position of senior vice president, membership and communications. Daniels, who has worked at the chamber for 17 years, will now oversee the membership department while continuing in her prior role, leading the communications and programming department.

6. Capital Requirement -

In early April, U.S. Sen. Bob Corker, R-Tenn., joined a handful of other senators in drafting a letter in part about new rules of the road governing bank capital requirements.

That letter was sent to Federal Reserve Gov. Daniel Tarullo, Comptroller of the Currency Thomas Curry and Federal Deposit Insurance Corp. Chairman Martin Gruenberg.

7. Fed Study Supports Community Banking -

A new study out from the Federal Reserve Bank of St. Louis underscores one reason most banks in the Memphis area are smaller, community institutions.

8. TJX Leases Up Chickasaw Building D -

The TJX Cos. Inc. has inked a substantial deal in Southeast Memphis, representing the largest industrial lease so far in 2013.

9. Gowen Named Marketing Head at Renshaw Property Management -

Kellyn Gowen has joined Renshaw Property Management as marketing coordinator. In her new role, Gowen manages social media, marketing and communications for the company’s 800 Mid-South rental properties, serves as a liaison for property owners and real estate agents, and spearheads marketing efforts for vacant properties.

10. Expert: Investors Confound Housing -

The role of investor-driven neighborhoods in Memphis is growing, and the impact on different kinds of neighborhoods is largely unstudied and unknown.

For instance, what does it mean that going into 2012, 54 percent of residential property sales were accounted for by investor purchases from the Real Estate Owned (REO) inventory of foreclosing lenders?

11. Highpoint Church Buys Briarcrest’s East Memphis Campus -

After seven years of leasing space for its worship services, Highpoint Church has acquired Briarcrest Christian School Systems Inc.’s property at 6000 Briarcrest Ave. for $7.25 million.

12. Evans Joins American Esoteric as Vice President -

Dr. Jess Evans has joined American Esoteric Laboratories as vice president of technical operations. In his new role, Evans is responsible for instrumentation, personnel, operational performance and quality assurance for the Memphis laboratory.

13. Daily News Seminar Looks at Health Care Reform Impact -

Changes in the model and delivery of health care and its potential impact on businesses and their employees will take center stage Thursday, Sept. 20, at the latest seminar presented by The Daily News.

14. Business of Health Care Topic of Seminar -

In terms of national policy discussion, the current changes in the model and delivery of health care remains among the most heated and complicated of topics.

And on Thursday, Sept. 20, a panel of local experts assembled by The Daily News will participate in an in-depth discussion about the health care industry, including challenges, opportunities and the outlook through 2013.

15. Hillwood Buys Industrial Portfolio for $37M -

Hillwood Investment Properties has bought an industrial portfolio in Southeast Memphis for $37.25 million from TIAA Realty Inc., augmenting the Dallas-based commercial real estate firm’s budding local footprint.

16. Hillwood Buys Industrial Portfolio for $37M -

Hillwood Investment Properties has bought an industrial portfolio in Southeast Memphis for $37.25 million from TIAA Realty Inc., augmenting the Dallas-based commercial real estate firm’s budding local footprint.

17. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

18. Poag, N.Y. Investor Buy The Avenue -

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

19. Office Opportunities -

Memphis’ office real estate landscape is changing, and for three firms, those changes are creating opportunities.

Orlando, Fla.-based Parkway Properties Inc. in March completed the sale of its interest in Renaissance Center – a 190,000-square-foot office building at 1715 Aaron Brenner Drive in the Poplar Avenue corridor – to partner Parkway Properties Office Fund LP.

20. Chandler Event To Highlight Q1 Housing -

Shelby County home sales increased 20 percent from January to March compared to last year, but that number requires some reading between the lines.

That’s why real estate information company Chandler Reports is hosting its “Master Your Market: First Quarter Update” event for local agents, appraisers, builders, investors and bankers Thursday, May 3.

21. With Changes in Health Care, Time to Own It -

With our health care changing daily, no one knows for sure how it will all end up. Not the hospitals, not the doctors and definitely not us, the patients. But the one thing we can be sure of is change. A change in billing, a change in coverage, a change in delivery, a change in our health and a change in individual accountability.

22. AREA Property Partners Buys Warehouse Portfolio -

AREA Property Partners affiliates have bought four Class A warehouses totaling about 835,000 square feet from Kansas City Life Insurance Co. for $23.6 million.

23. AREA Property Partners Buys Warehouse Portfolio for $23.6M -

AREA Property Partners affiliates have bought four Class A warehouses totaling about 835,000 square feet from Kansas City Life Insurance Co. for $23.6 million.

24. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

25. Former MAAR Director Wade Joins Prudential Collins-Maury -

Jules Wade has joined as manager of Prudential Collins-Maury Inc. Realtors’ East Memphis office, according to Doug Collins, owner and president of the realty company.

26. Smith Named Vice Prez At S. Webster Haining -

Doug Smith has been named vice president, administrative operations, at S. Webster Haining & Co.

27. Costs, Alignments Dominate Health Care Conversation -

The local and national trend of health care systems aligning with physicians groups emerged as the primary topic of discussion Thursday, Nov. 10, at the Business of Health Care Seminar, presented by The Daily News at the Memphis Brooks Museum of Art, 1934 Poplar Ave.

28. Recorded History -

It began as a handwritten single piece of paper hand-delivered to 25 people in what was once the city of Memphis.

It was 125 years ago that the publication now called The Daily News was founded.

29. Brucker Joins McManus Reilly As Investment, Insurance Adviser -

Edward Brucker III has joined McManus Reilly Financial Foresight as investment and insurance adviser.

Hometown: Tucson, Ariz.

Education: Master of business administration from University of Phoenix

30. Boyle Fund Buys Alabama Retail Center -

Midsouth Capital Fund I LLC – a fund formed by Memphis-based Boyle Investment Co. in late 2010 – has made its first acquisition in central Alabama with the $13.4 million purchase of Riverchase Village shopping center in Birmingham from Phillips Edison.

31. Atlanta Investment Group Buys Holiday Inn Select -

5795 Poplar Ave.
Memphis, TN 38119
Sale Amount: $7.5 Million

Sale Date: July 19, 2011

32. Open Door -

By 2050, it’s projected all minorities combined will represent more than 50 percent of the U.S. population, and as the United States moves closer to becoming a minority-majority nation, the growing Hispanic population is increasingly becoming a major power player in the new economy.

33. Hyde Takes Reins Of Alco Management -

After starting at Alco Management Inc. in 2002, Robert Hyde has been named president of the company that has become a national leader in affordable housing during the past 35 years.

34. Preserve at Forest Creek Sells for $45.5M -

A Class A apartment community in the Germantown/Collierville submarket has traded hands for $45.5 million – marking the largest multifamily sale in three years.

Preserve at Forest Creek Apartments sold on Wednesday, June 29, for $109,900 per unit to Carter-Haston Real Estate Services Inc.

35. Brokers Join Forces at Commercial Advisors -

Until about six months ago, Bentley Pembroke and Phil Dagastino represented office landlords on an individual basis.

But following the recent signing of Electrolux’s 14,000-square-foot lease at One Commerce Square, 40 S. Main St., the duo decided to join forces as the exclusive office leasing team for Commercial Advisors Asset Services LLC.

36. Business of Barbecue -

The Memphis in May World Championship Barbecue Cooking Contest is moving its celebration of a fine plate of pork from its established home in Tom Lee Park to Tiger Lane at the Mid-South Fairgrounds this year.

37. Retail Sector Adding Jobs, But Not Always Careers -

Erin Abell left a job in finance to volunteer for John McCain's presidential campaign in early 2008. She had hoped to return to the industry after the election, but by then Wall Street was on life support, and Abell had to live off credit cards until joining a friend's startup.

38. WPG Americas Signs Lease in Southaven -

A San Jose, Calif.-based worldwide electronics distributor is entering the Memphis area with full force.

WPG Americas Inc. has signed a 54,000-square-foot lease at Airways Distribution Center, 481 Industrial Drive, in Southaven. The project – a relocation of the WPG America’s New York facility – represents a $1.5 million investment by the company and will create 60 jobs over the next three years.

39. 2011 CRE Outlook Cautiously Optimistic -

Optimism is in the eye of the beholder in the commercial real estate industry. In a city plagued with high vacancies and scarce speculative development, investors have Memphis on its radar – and Memphis should too.

40. ‘Big 3’ Reflect Local Banking Scene -

One of the most famous aphorisms about politics is that all of it is local. Bankers and other inhabitants of the finance world know the same often goes for them too.

In the run-up to the recession, financial services firms like Citigroup and Bank of America raced to gobble each other up and built sprawling financial supermarkets.

41. Mt. Zion Upgrades to Larger Church in Frayser -

Two Memphis area churches have closed on a deal that’s been in the pipeline for about a year and a half.

Mt. Zion Baptist Church, 1280 Stonewall St., bought the 36,000-square-foot church at 1621 Dellwood Ave. in Frayser from Schoolfield United Methodist Church Inc. for $500,000.

42. ATTN: Mayor Wharton -

Memphians sound off on city’s most pressing needs.

Aaron Shafer
Founder of Skatelife Memphis; scientist at St. Jude Children’s Research Hosp.

Develop and promote a citywide mentoring campaign. We must heavily invest in the positive development of our children. Many of our Memphis children suffer not from a material poverty, but a poverty of healthy relationships and ultimately a poverty of possibility – of reaching their full potential. Each of us has had supportive network of mentors (“the village”) in our lives, be they our parents, teachers or friends, that have come along side of us to build our self-esteem and to help us navigate a path that moves us closer to realizing our potential.

43. Cash Infusion -

An El Paso, Texas-based investment firm has bought a “significant stake” in LEDIC Management Group LLC, a move that will enable the Memphis-based third party investment real estate firm to expand its national footprint, implement new technology, and hire additional employees.

44. Investors to Pump $3M Into Hotel Renovation -

When Jay Michael and Alex Samoylovich make an impulse purchase, they’re not talking about candy bars in the checkout lane.

45. MIFA Seeks Replacement for Craddock -

A search is under way for a new top executive to lead the Memphis Inter-Faith Association.

Early last month, executive director Margaret Craddock announced her resignation after 13 years leading the nonprofit, which serves about 60,000 seniors, teens and families annually through programs such as Meals on Wheels, MIFA Transit and the Memphis/Shelby County Emergency Housing Partnership.

46. Andrasik Named Chair of UM Psychology Dept. -

Frank Andrasik has been named chairman of the University of Memphis Department of Psychology.

Hometown: Dayton, Ohio
Education:
Received Ph.D. in clinical psychology from Ohio University in 1979 after completing an internship at Western Psychiatric Institute and Clinic (Department of Psychiatry) at the University of Pittsburgh School of Medicine.
Family:
My wife, Candy; three daughters, Meghan, Kelly and Holly; one son, Dodge; and two young granddaughters, Harper and Rhiley.
Favorite quote:
From my now deceased father: “Anything worth doing is worth doing well.”
Activities you enjoy outside of work:
Several. Dining out and going to movies, plays, or concerts. We’ve already been to see Sheryl Crow at Mud Island. Anything outside and exercising. Before hip surgery I enjoyed running, but now I am confined to walking.
Who has had the greatest influence on you?
I need to mention two. First would be my father, from whom I received my strong work ethic. Second would be professor Kay Deaux, who helped me find my way in psychology.
Why did you pursue a career in psychology?
Like many undergraduates, I struggled to find my niche. I took a class with professor Kay Deaux, a well-known social psychologist, and afterwards she invited me to work in her laboratory.
In seconds, I was hooked on psychology. I needed only to find the right area of specialization, which for me was clinical psychology.
What attracted you to the University of Memphis?
Many things. The quality of the faculty, students and staff. The exciting projects being pursued. The many possibilities to collaborate with folks on and off campus. The opportunity to help make a very strong program even more so.
What do you consider your greatest professional accomplishments?
Contributing to the knowledge base of psychology and the professional development of students and more junior colleagues.
What do you most enjoy about your work?
Working with students and seeing their eyes light up when they get excited by psychology.

47. Lamar Crossing Slated for Auction Block -

More than three years after developers broke ground on Lamar Crossing, the end is finally in sight for the beleaguered apartment complex.

Arvest Bank of Oklahoma, the bank that reclaimed the property when it ran into financial problems, has commissioned Marcus & Millichap Real Estate Investment Services to hold an online auction for the 120-unit property.

48. Fuhrman Joins Investec Realty Services -

Eric Fuhrman has joined Investec Realty Services. Fuhrman is a Certified Commercial Investment Member and a six-year veteran in commercial sales and leasing.

Hometown: Born in Des Plaines, Ill., a suburb of Chicago
Work Experience: One of my favorite work experiences was training police divers in underwater search and recovery with the National Academy of Police Diving. Later I worked as an estimator/project manager for a commercial construction firm and most recently transferred to Investec Realty Services after five-plus years with Crye-Leike Commercial.
Family: My wife, Joanna, is a local and we have five children – Gabe, 11; Audrey, 10; Sam, 8; Ellie, 4; and Molly, three weeks.
Favorite quote: “A man can succeed at almost anything for which he has unlimited enthusiasm,” Charles M. Schwab.
Activities you enjoy outside of work? I love running with the family. We try to hit most of the 5Ks around town. As of one week ago, I am the director of the SYS Golden Saints Track & Field Team. Go Saints!
Why did you pursue a career in real estate? I believe that God never wastes life experiences on us. This field seemed like a blend of many of my life experiences.
What do you consider your greatest professional accomplishments? Earning my designation as a Certified Commercial Investment Member was a proud moment although I feel that it is an equally great accomplishment anytime I am able to meet a need for one of my clients through a commercial real estate transaction.
What do you most enjoy about your work? I really like the team concept promoted at Investec. I couldn’t be happier to work alongside Jon Albright and tackle some of the amazing projects we have coming down the pipeline.

49. Rally Time -

As soon as he heard the Memphis Redbirds were coming to town in 1998, Buddy Young bought season tickets and has renewed them every year since.

From the first two seasons at the old Tim McCarver Stadium to the debut of AutoZone Park in 2000, from Albert Pujols’ walkoff home run that won the Pacific Coast League title the first season at AutoZone to last year’s championship run, Young has been a die-hard Redbirds supporter.

50. Finish Line in Sight for Renovation Of Memphis Business Academy -

3306 Overton Crossing
Memphis, TN 38127
Loan Amount: $1.9 Million

Loan Date: Feb. 23, 2010
Maturity Date: Feb. 23, 2013
Borrower: Memphis Business Academy
Lender: Regions Bank

51. Report Shows Many Banks Still Unprofitable -

For Tennessee’s 194 banks insured by the Federal Deposit Insurance Corp., bigger was not better at the end of 2009.

52. Downtown Businesses Brace for Year Of Change -

2009 was a less-than-stellar year for Downtown Memphis based on several measures of business and financial activity.

During the past 12 months, the area saw a slump in business license and residential sales activity, rising bankruptcies and a spike in foreclosures.

53. Slow Road to Rebound -

Don’t bother listening for the sound of champagne corks popping.

Instead of celebrating the end of 2009’s financial turmoil, many bankers and industry professionals in the Memphis area are greeting the arrival of a new year with a sigh of relief. And they’re recommitting themselves to game plans cobbled together either last year or back in 2008 to put their institutions on firmer footing.

54. Rhea Receives WKNO’s Distinguished Service Award -

Stephen H. Rhea has received the Julian Bondurant Distinguished Service Award from WKNO Public Broadcasting.

Rhea is the WKNO Capital Campaign chair and led the campaign for the digital transition that brought in $16.9 million. The campaign enabled the station to build the Digital Media Center.

55. Ministry Buys Apartment Complex With More Evangelizing in Mind -

Richard Hamlet formed Global Ministries Fellowship in 2003 to spread the gospel by addressing critical needs around the world.

The faith-based nonprofit organization, headquartered in Memphis, supports ministry programs that build churches, educate children, combat hunger and perform other humanitarian deeds on five continents.

56. Tunica's New Cash Crop? -

When Xiaolin “Charles” Wang was introduced at an October press conference announcing plans to build a $1 billion hybrid automotive plant in Tunica County, he was described by the emcee as a man who “dreams big and drives fast.”

57. White Touches on Local Commercial Real Estate Market -

Barry F. White, a member of Farris Bobango Branan PLC, has been named to the Best Lawyers in America 2010 edition in the area of Real Estate Law.

White also practices in finance, secured transactions, commercial law and commercial contracts law.

58. Comprehensive Pharmacy Services Brings on Johnson as CFO -

Brian Johnson has joined Comprehensive Pharmacy Services as chief financial officer.

Johnson previously worked as a public accountant at Ernst & Young. Prior to his time at Ernst & Young, he worked at U.S. Office Products and Accredo Health.

59. Kohl’s Repairs Storm Damage At Cordova Department Store -

2335 N. Germantown Parkway
Cordova, TN 38016
Permit Amount: $550,000

Project Cost: $550,000
Permit Date: Applied August 2009
Completion: August 2009
Owner: Kohl’s
Tenant: Kohl’s
Contractor: InStar Services Group LP

60. Justin's Empire: Timberlake drives business interests where it all began -

Justin Timberlake might be best known for hit records, dance moves and sold-out concerts, but the 28-year-old entertainer extraordinaire is much more than a singer/dancer/performer. The award-winning, chart-topping Timberlake – or, simply, JT – has become an institution, a brand name that transcends his showbiz persona and carries as much cachet as any living celebrity.

61. Hubcap LP Finances Warehouse Purchase -

The new owner of the 120,560-square-foot warehouse at 4000 Air Park Cove in Oakhaven/Parkway Village on July 29 filed a $2 million loan through Lafayette Life Insurance Co. for the property.

62. Hot Flavor: Plain Vanilla -

The Federal Reserve Bank of San Francisco in April reached an agreement with a bank holding company there limiting its activities in several areas, including the payment of dividends.

63. Appraisers Want New Rules Rescinded -

A letter Wednesday to the U.S. Housing and Urban Development Department asks the agency to rescind rules regarding real estate appraisals claiming they lead to the use of under-qualified appraisers.

64. Outside Interests Local Sector’s Biggest Benefactors -

As the real estate slump toils on, a Chicago-based company has proven to be a savior of sorts for the local industrial sector.

HSA Commercial Real Estate, already a player in the local market, continued its investments here by pulling the trigger on three of the four most lucrative deals in Shelby County during the past year, all of them in the Oakhaven/Parkway Village area.

65. New Building Slated for Hickory Hill Dialysis and Vascular Surgery Center -

6490 Mount Moriah Road Ext.
Memphis, TN 38115
Permit Amount: $1.1 Million

Project Cost: $1.1 million
Permit Date: Applied June 2009
Completion: Autumn 2009
Owner: DH MR Partners
Tenant: Mid-South Nephrology Consultants
Contractor: S. Webster Haining & Co.
Architect: Christopher Kidd & Associates LLC

66. Oakhaven Warehouse Sells for $2.6 Million -

The 120,560-square-foot warehouse at 4000 Air Park Cove in Oakhaven/Parkway Village has sold for $2.6 million in a special warranty deed to an entity called Hubcap LP. The seller was ProLogis-North Carolina Limited Partnership, a division of Denver-based distribution leasing giant ProLogis.

67. Renasant Executive’s Job Duties Expand to Memphis -

A recent headline in The New York Times neatly summed up life for community bank executives like Rick Hart: “We’re Dull, Small Banks Say, and Have Profit to Show for It.”

68. Raynor Named VP of Marketing For Two Hilton Brands -

Carla Raynor has been appointed vice president of marketing for Homewood Suites by Hilton and newly launched Home2 Suites by Hilton.

69. Wells Fargo Q1 Results in Line with Forecast -

NEW YORK (AP) - Wells Fargo & Co.'s first-quarter report on Wednesday had few big surprises, as results fell in line with the bank's forecast and easily beat Wall Street's estimates. But like most of its peers, the bank continues to post higher credit costs.

70. ‘Green’ Movement Sprouts Further Into Real Estate Biz -

Lynn Pfund became “green” through the unlikeliest of circumstances – breast cancer. Now a survivor of that dreaded disease, Pfund, a 23-year real estate veteran and broker for Keller Williams, has become passionate about all things eco.

71. Lenschau Blends Environmental Interests Into Law, Life -

James G. M. Lenschau, a director and shareholder in the Memphis office of Martin, Tate, Morrow and Marston PC, practices in commercial transactions and commercial real estate. He advises and assists clients on a variety of matters ranging from business planning to public finance, banking and environmental and corporate governance. He also represents lenders in secured loan transactions.

72. Taube Named Partner At Adams and Reese -

Emily Campbell Taube has been named a partner at Adams and Reese LLP. Taube is a member of the Litigation Practice Group and focuses on the areas of commercial litigation, employment litigation, product liability and estate and trust litigation.

73. Houston REITs Buy $42M Share In Local Shopping Centers -

A newly formed joint venture between Weingarten Realty Investors and Hines Real Estate Investment Trust (REIT), both of Houston, has bought a majority share of two local Kroger-anchored retail centers for a combined $41.6 million.

74. Renasant Names Wiegert VP, Mortgage Production Manager -

Michael Wiegert has been named vice president and mortgage production manager for Renasant Bank in Memphis.

75. St. Clair Expands In Rough Economy -

When Oscar Edmonds III bought St. Clair Foods in 1976, the company employed two people and manufactured four salad dressings in an 1,800-square-foot space off Highland Avenue.

Fast forward to 2008: Through steady growth orchestrated by Edmonds and his management team, St. Clair Foods now employs 220 people and manufactures more than 90 food products in its 120,000-square-foot building in Whitehaven’s Bellbrook Industrial Park.

76. Hedge Funds Help Fill Gap in Lending for Property -

Three months ago, Eric Gray saw an opportunity to scoop up a vacant retail property in New York City's borough of Brooklyn. But he had a problem, one that has been plaguing many real-estate investors and owners: The nation's banks, burned by years of easy credit and the resulting devastating losses, are no longer eager to lend.

77. Hennessy Joins Board Of Opportunity Scholarship Trust -

Scott C. Hennessy, president and chief executive officer of True Temper Sports, has joined the board of directors of Memphis Opportunity Scholarship Trust.

Hennessy will help direct the operations and growth of the nonprofit organization, which provides scholarships and tuition assistance. Hennessy also serves on the Board of Governors of the National Golf Foundation.

78. Hnedak Bobo Group Grows Firm With Merger -

The principals who formed the architecture and design firm Hnedak Bobo Group Inc. nearly 30 years ago have merged with Bullock Smith & Partners, giving the longtime Memphis company 30 new employees, two additional offices and a unified front in this difficult economy.

79. MAAR’s Wade Inducted Into Association of Executives Leadership Society -

Jules Wade, executive vice president of the Memphis Area Association of Realtors, has been inducted into the Dr. Almon R. Smith Association of Executives Leadership Society.

The National Association of Realtors inducted Wade in recognition of his contributions to the real estate industry and the association management profession.

80. New Resembles Old -

Old Germantown soon will have a new office product when The Salvaggio Group LLC completes its $3.5 million, three-building development at 7656 and 7658 Poplar Pike, in the heart of town.

The company - whose partners are former Germantown Mayor Charles Salvaggio and his sons, Tony and Jerome - has sold the three lots that comprise the 1.4-acre property and will begin construction within the next few weeks with completion set for Oct. 1.

81. University Towers ForeclosureEnds With Last-Minute Sale -      The owners of nearly all the units in University Towers Condominiums barely avoided their property's sale at foreclosure by striking an 11th hour deal for its purchase.
     Arlington, Va.-ba

82. Davidson Hotel Co. To Manage Virginia Sheraton -      Davidson Hotel Co. Inc. has signed a long-term contract to manage the 194-room Sheraton Park South in Richmond, Va., which recently was acquired by Apollo Real Estate Advisors' Value Enhancement Fund VI and a private inv

83. Barrow Named Chef de Cuisine At Capriccio Grill -

The Peabody Hotel has named Brian Barrow chef de cuisine for Capriccio Grill, an Italian steakhouse. Barrow began his culinary career at 27. He attended Johnson & Wales University's College of Culinary Arts in Miami. He previously was a chef at the Ambassador Hotel in Fort Lauderdale, Fla., and with Do & Co International Catering.

84. Remember the Main -

In the midst of guiding the development partnership he helped assemble to create what could become the largest African-American-led project ever in Downtown Memphis, Darrell Cobbins heard from an old friend recently.

85. Morman Named Branch Director at MATCU -

Cheryl Morman has been named branch director of Memphis Area Teachers' Credit Union's (MATCU) Central branch. She previously was deposit services manager at Marriott Employees' Federal Credit Union in Bethesda, Md.

86. California-Based Silagi Moves Into Memphis Industrial Market -

363-410 Burma Road
Memphis, TN 38106
Sale Amount: $3.5 million

Sale Date: June 28, 2006

Buyer: 363-410 Burma LLC

87. Events -

The Mid-South Quality Productivity Center (MSQPC) presents "Health and Safety Management System Implementation" today and Friday from 8 a.m. to 5 p.m. at the Memphis Regional Chamber, 22 N. Front St., Ste. 200. Cost is $517 for members and $575 for non-members. Contact Alexis Burgman at 543-3530 or aburgman@memphischamber.com for more information.

88. Medical Facilities Feather Their Nest in Germantown -

Three years ago, Greg McGaw figured it would cost an outlandish amount to convert some of the now-vacant Wal-Mart property at 1280 S. Germantown Road into a medical space.

Wal-Mart abandoned the 16-acre site in 2003, leaving McGaw - principal of Landstone Medical Properties - and others to speculate that the land was a prime site for a medical user. That type of real estate also is something Germantown officials have been keen on attracting since the town is landlocked, very nearly built-out and has few opportunities available to expand its property tax base.

89. Loeb Properties Adds Eight Shopping Centers To Retail Portfolio -

Loeb Properties Inc. recently grew its retail unit with the purchase of eight shopping centers for $12.7 million, a move that brings Loeb's retail portfolio to 104 properties.

The shopping centers were sold by contractors Stewart Austin and Michael Weiss as a package deal. But buying eight shopping centers in one transaction from one seller is not the norm, said Bob Loeb, president of Loeb Properties. Usually, the company buys one property at a time.

90. 'Hero' Apartment CompanyStands for American Values - Memphis-based Mid-America Apartment Communities Inc. has been named an American Hero Company by Johnson City-based American Values Investments Inc.
The designation is given to publicly traded companies that best reflect American values, and have

91. Has Cordova Maxed Itself Out? -

For 15 years, starting in 1988, Earl Huffman ran a lunchtime eatery near Brooks Road and Airways Boulevard called Bluff City Deli.

He kept customers coming back by offering quality and bargains such as the winter special he once ran, a hot soup and sandwich for $2.89. When business began drifting east, he dutifully uprooted his deli and followed customers to a new spot in Cordova.

92. Events -

The Apartment Association of Greater Memphis hosts its third annual Apartment Expo today from 5 p.m. to 8 p.m. at the Hilton Memphis, 936 Ridge Lake Blvd. The theme is "The Greatest Show on Earth!" Visit www.aagm.org or call 383-9077.

93. Events -

The Memphis Regional Chamber and the Mid-South Quality Productivity Center present "Implementation/Documentation of ISO 9001:2000" Thursday and Friday from 8 a.m. to 5 p.m. at the chamber, 22 N. Front St., Suite 200. Cost is $405 for members and $450 for non-members. Contact Alexis Burgman at 543-3530 or aburgman@memphischamber.com.

94. Placement Firm Helps Clients Find Perfect Fit -

One missing puzzle piece can mean the difference between a sense of accomplishment or frustration for time wasted.

Such is the case with companies searching for trained, professional workers. They can choose to undertake the search to fill available positions themselves, or they can call upon a professional placement agency to help them find the right qualified individuals.

95. Archived Article: Lead - By Andy Meek

TIC Group Buys Appling Lakes Complex

Memphis a growing market for tenant-in-common deals

ANDY MEEK

The Daily News

A Colorado real estate firm has purchased Appling Lakes Apartments in Cordova under a co-ownership arrangem...

96. Archived Article: Newsmakers - BOMA Inducts 2005 Officers

Gibbons Named to Chair National Committee

Judge Julia Gibbons of Memphis was named by U.S. Supreme Court Chief Justice William H. Rehnquist as chair of the Budget Committee of the Judicial Conference. Gibbons has bee...

97. Archived Article: Special Report (lead) - 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...

98. Archived Article: Events - The Millington Chamber of Commerce holds a meeting at 7 p

The Millington Chamber of Commerce meets at 7 p.m. today at Baker Community Center, 7942 Church St. Topic of discussion is how to save the Millington library. Shelby County Mayor A C Whart...

99. Archived Article: Events - Crye-Leike hosts the Mid-South Real Estate Expo-Memphis from 8 a

Crye-Leike, Realtors hosts the Mid-South Real Estate Expo-Memphis from 8 a.m. to noon today at Agricenter International. The event free to Memphis real estate agents brings together...

100. Archived Article: Standout - Original Downtown developer corners Wendys market

Original Downtown developer corners Wendys market

By LANCE ALLAN

The Daily News

It wasnt much, but considering where Downtown Memphis was at the time, it was something.

In the late 70s...