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Editorial Results (free)

1. Life Church Files $16 Million Loan -

The Life Church of Memphis has secured a loan on its Cordova location.

The church took out a $16 million loan through SunTrust Bank on the property at 1800 N. Germantown Parkway, according to a Sept. 25 commercial deed of trust. Reymundo Meneses, treasurer of Life Church of Memphis, signed the deed of trust.

2. Williams-Sonoma Growth Highlights DeSoto Push -

In 1999, Williams-Sonoma Inc. opened its first DeSoto County distribution center on Polk Lane in Olive Branch.

3. FedEx Shareholders Reject Proposal Over Redskins -

FedEx shareholders rejected a proposal that the shipping giant end or distance itself from its ties to the Washington Redskins.

The proposal from the Oneida Indian tribe was made Monday, Sept. 29, during the company's annual shareholder meeting in Memphis. The Redskins and companies associated with the National Football League team have come under fire from Native American groups and others who say the team's name is an offensive racial slur. FedEx sponsors the Redskins home field, FedExField, in Washington, D.C.'s Maryland suburbs.

4. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

5. Why Rate Hikes are Good News for Stocks -

NEW YORK (AP) – It's no surprise that the prospect of a Federal Reserve rate hike worries stock investors.

The Fed's unprecedented economic stimulus has in large part driven a surge in stock prices since 2009. The central bank has bought trillions of dollars of bonds and kept short-term interest rates close to zero. That's allowed businesses and consumers to refinance their debt at lower rates, freeing up cash to spend.

6. Reese Road Apartments Owner Takes Out Loan -

The owner of the 76-unit Reese Road apartment complex at 2503 E. Reese Cove in Northeast Memphis has taken out a loan on the property.

7. Soft Skills for Emerging Leaders -

As a professional, as a leader, even as a brand ask yourself this critical question: are you empathetic? Do you have the genuine ability to “understand and share the feelings of another.”

8. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.

9. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.

10. Stonebridge Crossing Sells for $29.8 Million -

The Stonebridge Crossing apartment complex in Cordova has traded hands.

Independence Realty Trust, a Philadelphia-based real estate investment trust focused on apartment communities and operating as IRT Stonebridge Crossing Apartments Owner LLC, acquired the massive apartment community from AB Merion Stonebridge LLC for $29.8 million, according to a Sept. 11 special warranty deed.

11. Cummins Eyes Memphis Site for Expansion -

Cummins Inc. is eyeing a Memphis property for a planned expansion of the company’s distribution operations, a move that would be welcome news for Memphis officials.

12. Commitment to Fitness Looks to Reverse Childhood Obesity -

If American children and teenagers are fat, then those in the Mid-South are fatter. And you don’t have to rely on some “Fattest Cities in America” list aimed at generating clicks and views to reach this conclusion.

13. SpaceX Breaks Ground on Texas Rocket Launch Site -

BROWNSVILLE, Texas (AP) – The commercial rocket launches that could begin as early as 2016 in the southernmost tip of Texas will be a critical step toward one day establishing a human presence on Mars, SpaceX founder and CEO Elon Musk said Monday.

14. Cotton Council Apartments Sell for $6.1 Million -

1918 North Parkway
Memphis, TN 38112
Sale Amount: $6.1 million

Sale Date: Sept. 16, 2014
Buyer: Lynxco LLC
Seller: Cotton Council Apartments LLC
Details: Lynxco LLC, an affiliate of Rhodes College, has purchased the former National Cotton Council building on North Parkway in Midtown for $6.1 million. Rhodes intends to use it as student housing, according to the school’s website.

15. Ritualizing Your Parenthood -

We are people of ceremony and ritual. Every occasion of transition is cause for celebration. A prescribed formula marks our rite of passage from one status to another.

Significant milestones are pronounced by traditional words stating our readiness to take on the new responsibility. Marriage, membership initiations, military inductions, oaths of office, graduations, even citizenship, are all marked by ritual.

16. Singing Mechanic’s Life Much Like the Songs He Sings -

The Singing Mechanic – “I’ve got that name. Nobody else can use it,” says Billy Devereaux – sits by his worn, 1,200-square-foot, two-room cottage and looks down at Boots, his Dutch Shepherd.

“He’s a possum killer and he runs security,” says Billy, 55, gazing across the swath of remote land separated by a long gravel trail from Smith Springs Road in Antioch.

17. ‘Cutting Edge’ -

The first thing to understand about the task that Opera Memphis general director Ned Canty feels is before him is that he’s not leading a music organization that competes only with other music outlets and venues for audiences’ attention.

18. Germantown Land Sells for $6 Million -

Neshoba-Exeter Real Estate Partners, whose managing general partner is M. Spence Ray, has acquired property in Germantown for $6 million.

Neshoba-Exeter Partners acquired roughly 16 acres of vacant land zoned for residential development in two parcels owned by Owen Investments LP near the northeast corner of South Germantown and Neshoba roads on Sept. 15, according to a warranty deed.

19. Door Remains Open on City Health Insurance Changes -

The political struggle to close the door and lock in changes to city health insurance coverage is proving to be a challenge for the Memphis City Council.

The council voted Tuesday, Sept. 16, to adjust the health insurance changes it approved in June to grandfather in for a year approximately 300 retirees and their spouses when it comes to the 70 percent subsidy on insurance premiums they currently get from the city.

20. Claridge Pet Resort Owner Files Loan -

The owner of the Claridge Pet Resort at 1436 Wolf River Blvd. in Collierville has filed a $1.4 million loan on the property.

21. Five Top Sales Negotiation Mistakes -

More than 75 percent of the sales reps I’ve coached through the years cite price as their number one objection. Given the state of our economy for the last several years, it’s no wonder. And even though our economy is beginning to rebound, the side effect of a recession is the bargainer’s mindset that it creates in the market.

22. Harold Ford Funeral Home Files Construction Loan -

1670 Sycamore View Road
Memphis, TN 38134
Loan Amount: $2.6 million

Loan Date: Sept. 4, 2014
Maturity Date: N/A
Borrower: Harold Ford Sycamore View LLC and Serenity Columbarium and Memorial Gardens LLC
Lender: Regions Bank
Details: The Harold Ford Funeral Chapel at 1670 Sycamore View Road in Northeast Memphis has filed a $2.6 million construction loan on the property.

23. East Memphis Office Building Sells for $3 Million -

The 20,336-square-foot, two-story office building at 1000 Brookfield Road in East Memphis has sold for $3.3 million.

24. Wal-Mart Preparing for New Memphis Store -

Wal-Mart has acquired property for nearly $4 million and several easements for a new store near I-40 and Whitten Road.

The Wal-Mart Real Estate Business Trust acquired a nearly 30-acre property northwest of the Whitten Road exit for I-40 on Aug. 28 from Belz Investco GP for $3.5 million. The property is on Raleigh Lagrange Road just east of Fletcher Creek and near the Firestone Complete Auto Care Store. Wal-Mart also acquired a nearby property from James and Lucia Gilliland for $489,396.

25. CBIZ MHM Wins Industry Distinction -

CBIZ MHM Memphis has been honored with the 2014 When Work Works Award for its use of workplace strategies to increase business and employee success.

The award, part of the national When Work Works project administered by the Families and Work Institute and the Society for Human Resource Management, recognizes employers of all sizes and types in the Memphis area and across the country.

26. CBIZ MHM Memphis Wins Industry Distinction -

CBIZ MHM Memphis has been honored with the 2014 When Work Works Award for its use of workplace strategies to increase business and employee success.

The award, part of the national When Work Works project administered by the Families and Work Institute and the Society for Human Resource Management, recognizes employers of all sizes and types in the Memphis area and across the country.

27. New Owner Files Loan on Dexter Road BP -

The new owner of the BP gas station and convenience store at 7469 Dexter Road in unincorporated Northeast Shelby County near Cordova has filed a $1.4 million loan on the property.

28. Pain Treatment Center to Open Second Locale -

Comprehensive Pain Specialists, a national player in the field of medical pain treatment centers from Nashville, has signed a lease for 4,713 square feet in Healthcare Realty Trust’s building at 8000 Wolf River Blvd.

29. Watchdog: VA Managers Lied About Delays -

WASHINGTON (AP) – Managers at more than a dozen Veterans Affairs medical facilities lied to investigators about scheduling practices and other issues, the department's inspector general said Tuesday.

30. Shelby County Mortgage Market Down 19 Percent in August -

BankTennessee president and CEO Jim Rout sees new home sales and resales “fairly steady” at the moment.

But, in a common refrain among many local bankers looking at their recent numbers, the activity is not at the level that might be expected, considering still-historic low interest rates.

31. New VA Chief: Veterans Agency Too Complicated -

WASHINGTON (AP) – The Veterans Affairs Department with its 14 different password-protected websites is too complicated for most veterans to navigate, new Veterans Affairs Secretary Robert McDonald said Monday, promising to make it easier for them to get disability benefits, health care, job training and other benefits.

32. Wal-Mart Preparing for New Memphis Store -

Wal-Mart has acquired property for nearly $4 million and several easements for a new store near I-40 and Whitten Road.

The Wal-Mart Real Estate Business Trust acquired a nearly 30-acre property northwest of the Whitten Road exit for I-40 on Aug. 28 from Belz Investco GP for $3.5 million. The property is on Raleigh Lagrange Road just east of Fletcher Creek and near the Firestone Complete Auto Care Store. Wal-Mart also acquired a nearby property from James and Lucia Gilliland for $489,396.

33. Events -

Latino Memphis will host its 2014 leadership luncheon Tuesday, Sept. 9, from 11:30 a.m. to 1 p.m. at Holiday Inn University of Memphis, 3700 Central Ave. Keynote speaker George P. Bush will share his thoughts on the positive role Latinos play in the U.S. Tickets are $100. Visit latinomemphis.org.

34. Walnut Hill Apartments Sells for $28 Million -

8920 Walnut Grove Road
Cordova, TN 38018
Sale Amount: $27.9 million

Sale Date: Aug. 28, 2014
Buyer: IRT Walnut Hill Apartments Owner LLC
Seller: 30 California-based limited liability companies
Details: The 324-unit Walnut Hill Apartments in Cordova has sold for $27.9 million to an entity affiliated with Philadelphia-based RAIT Financial Trust.

35. IRS Says It Has Lost Emails From 5 More Employees -

WASHINGTON (AP) – The Internal Revenue Service has lost emails from five more employees who are part of congressional probes into the treatment of conservative groups that applied for tax-exempt status, the tax service disclosed Friday.

36. Events -

Rhodes College will host its annual Constitution Day lecture Monday, Sept. 8, at 5 p.m. in Blount Auditorium of Buckman Hall on campus, 2000 North Parkway. Dr. Melvin I. Urofsky, an expert on the U.S. Supreme Court, will explore great dissents and dissenters in the history of the court. Cost is free. Visit rhodes.edu.

37. Walnut Hill Apartments Sells for $28 Million -

The 324-unit Walnut Hill Apartments in Cordova has sold for $27.9 million to an entity affiliated with Philadelphia-based RAIT Financial Trust.

IRT Walnut Hill Apartments Owner LLC bought the complex at 8920 Walnut Grove Road in an Aug. 28 special warranty deed from 30 related California-based limited liability companies.

38. Crenshaw’s Lawn Care Business Celebrates 30 Years -

Thirty years is a milestone worth celebrating for almost any venture, and for a small business especially, it’s a hard-won anniversary that comes thanks to a combination of luck and hard work. And there’s also the realization that such a milestone is the exception, a contrast to the large number of entrepreneurs out there who tried but came up short.

39. Behind Big Macs, a Drama Over Corporate Control -

NEW YORK (AP) – Behind those Big Macs and Whoppers is a hidden drama over corporate control.

The fast-food industry is underpinned by an often tense relationship between companies like McDonald's and Burger King and the franchisees who run their restaurants. Few customers think about this when scarfing down burgers.

40. Harmony Park Apartments Sells for $2.6 Million -

The 164-unit Harmony Park Apartments and Townhomes at 3365 Steve Road has sold for $2.6 million to two entities.

41. ‘Penny’-Led Group Buys Dulins Sports Complex -

A company called FBC LLC, whose president is Memphis basketball legend Anfernee “Penny” Hardaway, has paid $1.3 million for the Dulins Sports Complex at 7790 Fischer Steel Road in Cordova.

42. Florida Company Buys Residence Inn for $6.5 Million -

An affiliate of Boca Raton, Fla.-based Luxury Resorts & Hotels has paid $6.5 million for the 105-room Residence Inn East Memphis at 6141 Poplar Ave.

43. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

44. Council to Review Alternative Health Plan -

Memphis City Council members Tuesday, Sept. 2, talk over a proposed high-deductible health insurance plan that would restore health benefits for city employees and retirees.

The 1:30 p.m. executive session discussion by the full council is the first since the leaders of the Memphis Fire Fighters Association pitched the plan at a health insurance oversight committee session in July.

45. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

46. Hot Yoga Plus Expands in Memphis -

Hot Yoga Plus, a Nashville-based Yoga concept, is opening a second Memphis area location.

Hot Yoga Plus, founded by Memphian Susannah Herring, has signed a 2,015-square-foot lease at 9037 Poplar Ave. in Germantown. The new store is expected to open this fall and follows the original Memphis location in Laurelwood.

47. Alco Files $4 Million Loan on Todd Creek Apartments -

Alco Management Inc. has filed a $4 million loan on the 155-unit Todd Creek Apartments at 1541 Northside Dr. in Frayser.

48. Tennessee Agencies Have $121 Million in Military Surplus -

NASHVILLE (AP) – Since 1993, Tennessee law enforcement agencies have received more than 41,000 military surplus items worth at least $121 million, much of that going to the state's smaller cities and counties.

49. Owner Quitclaims Grove Park Center -

Grove Park Center, the 94,200-square-foot office building at 4515 Poplar Ave. in East Memphis, has traded hands via quitclaim deed.

50. Macon Homes Complex Sells for $800,000 -

500 N. Claybrook St.
Memphis, TN 38104
Sale Amount: $800,000

Sale Date: Aug. 20, 2014
Buyer: Crosstown Macon Homes LLC
Seller: Macon Homes
Details: The 24-unit Macon Homes section 8 apartment complex at 500 N. Claybrook St. in Midtown has sold for $800,000.

51. Vanderbilt Students Find Happiness in Music City -

As the Class of 2018 begins to poke around the Vanderbilt University campus, the newest Commodores will be met with the highest of expectations.

“This class is projected to have the highest academic quality in our history as measured by high school class rank and SAT scores,’’ says Doug Christiansen, vice provost for enrollment and dean of admissions.

52. Cooper-Young Festival Returns in September -

The annual Evolve Bank and Trust Cooper-Young Festival returns next month.

The largest single-day festival in Memphis, now in its 27th year, will be held Sept. 13 from 9 a.m. to 7 p.m. It’s hosted by the Cooper Young Business Association to make the district known both locally and nationally and to draw homeowners and merchants to the neighborhood.

53. Cooper-Young Festival Returns in September -

The annual Evolve Bank and Trust Cooper-Young Festival returns next month.

The largest single-day festival in Memphis, now in its 27th year, will be held Sept. 13 from 9 a.m. to 7 p.m. It’s hosted by the Cooper Young Business Association to make the district known both locally and nationally and to draw homeowners and merchants to the neighborhood.

54. In Case of Incapacitation -

Ray’s take: A financial power of attorney is a powerful tool in your financial planning arsenal in the event your investments or other financial matters need action and you can’t do it.

55. City Union Presents Alternative Plan on Benefits -

Memphis Fire Fighters Association president Thomas Malone takes the union’s plan for reversing city employee and retiree health insurance coverage cutbacks to a city oversight committee Thursday, Aug. 21, on employee issues.

56. Fullilove Calls Off Sales Tax Hike Try, Unions May Try -

Memphis City Council member Janis Fullilove pulled the plug Tuesday, Aug. 19, on a proposed November referendum on a citywide half cent sales tax hike.

57. County Commissioners Bid Final Farewells -

Shelby County Commission Chairman James Harvey began the group’s Monday, Aug. 18, meeting on a hopeful note.

58. Developer Files Permit for Graceland-Area Hotel -

3411 Elvis Presley Blvd.
Memphis, TN 38116
Permit Cost: $3.5 million

59. New Owner Files Loan on East Memphis Building -

The new owner of the 130,593-square-foot office building at 6060 Primacy Parkway in East Memphis has filed an $8.8 million loan on the property.

60. Council Reviews Pension Investment Changes -

For the first time in months, Memphis City Council members have no committee discussions scheduled Tuesday, Aug. 19, on city health insurance benefits or proposed pension plan changes.

But the council will vote on the first in a series of pension plan changes to come.

61. McDonald’s Files Permit to Rebuild Restaurant -

McDonald’s has filed a $1.6 million permit with the city-county office of construction code enforcement to “rebuild a new restaurant” at 2030 S. Germantown Road.

62. Hotel Owner Files $3 Million Loan -

The new owner of the Inn at Thousand Oaks hotel at 2700 S. Perkins Road in Parkway Village has filed a $3 million loan on the property.

63. Southwind Village Office Owner Files $3.3 Million Loan -

The owner of the two parcels that compose the Southwind Village office complex in Southeast Memphis has filed a $3.3 million loan on the property.

The parcels are 3101 Players Club Parkway and 3195 Players Club Parkway, which sit at the southeast corner of Players Club Parkway and Hacks Cross Road.

64. New York Firm Buys Retirement Community -

996 Cherry Road
Memphis, TN 38117
Sale Amount: $12.9 million

Sale Date: July 30, 2014
Buyer: GFTV Audubon Owner LLC
Seller: TV Memphis LP
Loan Amount: $23.5 million
Loan Date: July 30, 2014
Maturity Date: N/A
Lender: Grandbridge Real Estate Capital LLC
Details: An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

65. New York Firm Buys Retirement Community -

An affiliate of New York-based Garrison Investment Group has paid $12.9 million for the 176-unit Town Village Audubon Park retirement community at 950 Cherry Road in East Memphis.

66. FastPark & Relax Owner Files Loan -

The local owner of the FastPark & Relax airport-area parking facility at 2201 Winchester Road has filed a $2.4 million loan on the property.

67. Madonna Learning Center Files $3.5 Million Loan -

Madonna Learning Center, a school for children and young adults with special needs, has filed a $3.5 million loan on its 7007 Poplar Ave. location in Germantown, which is undergoing an expansion.

68. Edison Apartments Owner Files $2.5 Million Loan -

The owner of the Edison Apartments along Jefferson Avenue has filed a $2.5 million trust deed for the Downtown property.

Edison Park LP filed the deed of trust, assignment of rents and security agreement July 30 through American Fidelity Assurance Co. Neil E. Ringel signed the trust deed as president of Jan Realty Inc., general partner of Edison Park LP.

69. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

70. Health Care Safety Net Tops Council Agenda -

Memphis City Council members get more information during the Tuesday, Aug. 5, council day on different parts of City Hall’s ongoing health benefits and pension liability discussions.

But the only item on the agenda for a vote Tuesday is a resolution to create a $2 million “safety net” that was delayed last month.

71. Local Movers Hit the Big Leagues -

Steven Reed, Jeff Coletta and Jonathan Greer met as children while playing youth football at the Germantown Youth Athletic Association, igniting a life-long bond that remains to this day.

72. Congress Races to Finish VA, Highway Bills -

WASHINGTON (AP) — Congress ran full-tilt into election-year gridlock over immigration Thursday and headed toward a five-week summer break with no agreement in sight on legislation to cope with the influx of young immigrants flocking illegally to the United States.

73. Holiday Inn Express Owner Files Loan -

The owner of the 72-room Holiday Inn Express & Suites at 7784 Wolf Trail Cove in Germantown has filed a $7 million loan on the property.

74. City Hall Saga Charts New Directions -

After a bit of a breather, all sides in City Hall’s simmering political dispute over health insurance changes for city employees and retirees sat down at the same table Tuesday, July 29, and offered a few new directions.

75. City Union Floats Alternative Health Care Plan as City Outlines Trust Fund -

Memphis City Council members will at least discuss an alternative health insurance plan next month.

The high deductible plan, which restores many of the coverage cuts approved in June by the council, is the proposal of the Memphis Fire Fighters Association.

76. Medicare Hospital Fund to Last Four Years Longer -

WASHINGTON (AP) — Medicare's finances are looking brighter, the government said Monday. The program's giant hospital trust fund won't be exhausted until 2030 — four years later than last year's estimate.

77. D. Canale Affiliate Buys Property for Distillery -

301 S. Front St.
Memphis, TN 38103
Sale Amount: $785,000

Sale Date: July 10, 2014
Buyer: Dominick Properties LLC
Seller: 301 South Front Street GP

78. Simmons First National Moves Into Tennessee -

A similar history, a foundation in agriculture lending and growth potential attracted Arkansas-based Simmons First National Corp. to buy Community First Bancshares Inc. of Union City, Tenn., and its $1.9 billion subsidiary First State Bank, says Simmons’ Chairman and CEO George A. Makris.

79. Nursing Home Owner Files $9 Million Loan -

The owner of the 284-bed Grace Healthcare of Cordova nursing home at 955 N. Germantown Parkway has filed an $8.9 million loan on the property.

80. Trustmark Grows Income in Second Quarter -

Trustmark Corp. has reported net income of $32.9 million for the second quarter.

That represents earnings per share of 49 cents, up 14 percent from the prior quarter and 6.5 percent from the same period last year. Trustmark president and CEO Gerard R. Host said the solid results included a 7.5 percent increase in total revenue and represented the fifth straight quarter of growth in the company’s legacy loan portfolio.

81. Contractors See Bright Days Ahead -

After slogging their way through the deepest economic slump in more than 60 years, Memphis area contractors say the near future looks much brighter than the dark days of the recession and its immediate aftermath.

82. Eve Didn’t Poison Toomer’s Corner Trees -

Justin Fuente again did football-obsessive mankind a favor this summer with his annual women’s clinic.

“By and large, men know a lot less than they think they do and women know a lot more,” said the University of Memphis football coach.

83. Grizzlies Promote Wexler to Business Operations President -

The Memphis Grizzlies have promoted Jason Wexler to president of business operations of the team and FedExForum.

The new position gives Wexler primary leadership responsibility for all aspects of the business, including ticket sales and service, arena operations, corporate partnerships, marketing communications and broadcast, community investment and general operations.

84. US Economy, Though Sluggish, May Now Be Sturdier -

WASHINGTON (AP) – Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.

That conclusion, one held by a growing number of economists, might surprise many people. After all, in the five years since the recession officially ended, Americans' pay has basically stagnated. Millions remain unemployed or have abandoned their job searches. Economic growth is merely plodding along.

85. Trustmark Grows Income in Second Quarter -

Trustmark Corp. has reported net income of $32.9 million for the second quarter.

That represents earnings per share of 49 cents, up 14 percent from the prior quarter and 6.5 percent from the same period last year. Trustmark president and CEO Gerard R. Host said the solid results included a 7.5 percent increase in total revenue and represented the fifth straight quarter of growth in the company’s legacy loan portfolio.

86. Owner Files Loan on 3 Gas Stations -

After receiving two convenience stores and gas stations in quitclaim deeds, the new owner filed a $2 million loan on those properties and one other.

The entity, N & S LLC, doing business as Hwy 64 BP, filed the deed of trust July 16 through Renasant Bank. Nizar Lalani Sr. signed the deed as member of the borrower, and he is also related to the ownership entities that quitclaimed the properties.

87. Chisca Hotel Owners File Construction Loan -

The Chisca Hotel ownership group has filed a $17.3 million construction loan to renovate and redevelop the historic South Main Street property.

Main Street Apartment Partners LLC filed the construction leasehold deed of trust, assignment of leases and rents, security agreement and fixture filing July 18 through SunTrust Banks.

88. Cohen Goes On Offense In Wilkins Challenge -

For weeks, U.S. Rep. Steve Cohen and Ricky Wilkins, his challenger in the Aug. 7 Democratic Congressional primary have been talking about each other without necessarily directly talking about each other or doing so at length

89. Knowledge Tree Buys Cordova Retail Center -

8195 Dexter Road
Memphis, TN 38016
Sale Amount: $1.3 million

Sale Date: July 8, 2014
Buyer: K Tree LLC
Seller: 8195 Dexter Road LLC
Loan Amount: $1.5 million
Loan Date: July 11, 2014
Maturity Date: N/A
Lender: First Tennessee Bank NA
Details: An affiliate of the Knowledge Tree learning center has paid $1.5 million for the 28,575-square-foot shopping center at 8195 Dexter Road in Cordova.

90. Lamar Gas Station, Store Sell for $850,000 -

The Best Corner Express BP gas station and convenience store at 3015 Lamar Ave. in the Defense Depot area has sold for $850,000.

91. County Commission Continues Prekindergarten Debate -

Shelby County Commissioners pick up Monday, July 21, where they left off earlier in the month about a way to fund prekindergarten programs.

The commission faces dueling resolutions, with one setting up further study on an expansion, and the other dedicating $3 million in surplus funds from the just-ended fiscal year and the first $3 million of any surplus from the current fiscal year to Shelby County Schools and the suburban school systems.

92. Asics America to Expand Byhalia Footprint -

Asics is expanding its central footwear and apparel distribution center inside the Chickasaw Trail Industrial Park area by 342,144 square feet.

The expansion comes on the heels of a 513,000-square-foot build-to-suit completed in 2010, and now will consolidate the footwear distribution center with the apparel distribution center, which was previously located in Southaven. Asics hopes to improve its overall efficiency by combining the two components under one roof, which will total 855,144 square feet.

93. From Despair to Belief -

A July weekday afternoon, about 2:45. It’s the perfect time for just about anyone to be nodding off in class.

But in the basement of Midtown Church of Christ, where HopeWorks Inc. is housed, class is in session and a dozen men and their teacher are having a lively discussion.

94. Green Mountain Consulting Finds Home Along Poplar -

Logistics vendor Green Mountain Consulting wasn’t necessarily looking to buy an office building when it began its search for more office space for expansion.

“We’re not getting into the commercial real estate business because we wanted to be in it; we got into it because we have a company to operate and needed the space,” said Jim Jacobs, one of Green Mountain’s co-founders.

95. Locally Grown Foods Look to Bigger Business -

PHILADELPHIA (AP) – Once a niche business, locally grown foods aren't just for farmers markets anymore.

A growing network of companies and organizations is delivering food directly from local farms to major institutions like Thomas Jefferson University Hospital in downtown Philadelphia, eliminating scores of middlemen from farm to fork. Along the way, they're increasing profits and recognition for smaller farms and bringing consumers healthier, fresher foods.

96. Thoughts for 30-Somethings -

Ray’s take: You spent your 20s setting up your life – developing some marketable skills, getting a career started, (hopefully) creating a budget, and learning to live with it.

97. France Investigating Package Delivery Companies -

PARIS (AP) – Three of the world's leading package delivery businesses are being investigated by France's competition watchdog, and may face fines.

U.S.-based FedEx Corp., TNT Express NV from the Netherlands and Britain's Royal Mail PLC are all under investigation for unidentified malpractices.

98. Johnson Returns to Different Schools Reality -

When Carol Johnson left as superintendent of Memphis City Schools at about this time in 2007, the system was struggling with Bush-era No Child Left Behind standards and making progress at some schools.

99. Tennessee Road Projects Could Face Cuts in August -

FRANKLIN, Tenn. (AP) – Tennessee has funding for 13 road-widening projects totaling more than $200 million, including a $15.6 million Shelby County project, waiting on whether Congress refreshes the federal Highway Trust Fund in August.

100. Haslam-Owned Truck-Stop Chain Won't Be Charged -

NASHVILLE (AP) – The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam may have put the worst behind it after federal attorneys agreed not to prosecute Pilot Flying J for cheating customers.