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Editorial Results (free)

1. Mortgage Market Up 8 Percent in April -

Sam Goff, a senior loan originator at Independent Bank, announced in a post to his Facebook followers last month that mortgage rates were at one point about as low as they’d been in 2014 so far.

2. Trustmark Bank Opens Headquarters in East Memphis -

Trustmark Bank has officially opened its new regional headquarters location in East Memphis.

The regional headquarters opened at the 5350 Poplar Ave. office building, which has been renamed Trustmark Centre. The bank acquired naming rights as a part of the 12.5-year lease Trustmark Corp. signed in November.

3. Orpheum Files Permit For Performing Arts Center -

225 S. Main St.
Memphis, TN 38103

Permit Cost: $10.2 million

Project Cost: $14.5 million

4. D1 Sports Buys Land, Files Construction Loan -

An affiliate of Franklin, Tenn.-based D1 Sports Training has bought 1.9 acres of land in Collierville and filed a construction loan for a 19,062-square-foot sports facility on the property.

DP Memphis LLC paid $375,000 for the vacant parcel, whose address is known as 85 Market Center Drive, in a Feb. 4 special warranty deed from Schilling Farms LLC.

5. Banner Year for East Memphis Office Space -

The Memphis office real estate market began showing signs of life in 2013, with the market for Class A office space in the East Memphis submarket fueling the resurgence.

While the city’s overall office market numbers may not appear very strong, the city’s most desired office submarket – East Memphis around Poplar Avenue and Interstate 240 – began showing strong signs of improvement in the second half of the year.

6. Out-of-Town Banks Target Memphis for Growth -

More than 40 percent of the customer deposit share in the Memphis-area banking market belongs to institutions that have a presence here but are based outside the area, the latest figures from the Federal Deposit Insurance Corp show.

7. Mortgage Market Up 10 Percent in November -

Borrowers are still rushing to lock in low rates, take advantage of a seemingly improving economy and get those keys to a new home in their hands.

That’s what the latest monthly mortgage numbers would suggest, as do the mortgage industry professionals who say borrowers kept the phones ringing at pretty much a steady clip in November compared to the previous month and helped November see a 10 percent uptick in the county’s mortgage volume.

8. Former Ike’s on Summer Sells for $2.7 Million -

4569 Summer Ave. Memphis, TN 38122

Sale Amount: $2.7 million

Sale Date: May 17, 2013

9. Iberiabank Installs New Executive in Memphis -

Iberiabank has a new senior vice president and commercial relationship manager in the bank’s Memphis market.

Brandon Cooper will be in the bank’s Memphis-area corporate office at 4984 Poplar Ave. He comes to Iberiabank from Trustmark National Bank, where he was first vice president and commercial relationship manager.

10. Former Ike’s on Summer Sells for $2.7 Million -

A 16,085-square-foot former Ike’s drug store at the corner of Summer Avenue and North Perkins Road in Berclair has sold for $2.7 million.

FSC FMC-FD Memphis TN LLC, which lists a Lake Como, N.J., address, bought the property at 4569 Summer Ave. on May 17 from FDS Holdings LLC and Blue Cedar Properties LLC.

11. Iberiabank Installs New Executive in Memphis -

Iberiabank has a new senior vice president and commercial relationship manager in the bank’s Memphis market.

Brandon Cooper will be in the bank’s Memphis-area corporate office at 4984 Poplar Ave. He comes to Iberiabank from Trustmark National Bank, where he was first vice president and commercial relationship manager.

12. Lender Buys Bartlett Office Building After Default -

The 59,882-square-foot Bartlett Square office building at 5705 Stage Road in Bartlett has been sold back to the lender following a foreclosure.

13. Trustmark Buys Branches From SOUTHBank -

Trustmark National Bank has inked a branch purchase and assumption agreement to acquire two branches of SOUTHBank to serve the Oxford, Miss., market.

14. Trustmark Buys Two Branches From SOUTHBank -

Trustmark National Bank has inked a branch purchase and assumption agreement to acquire two branches of SOUTHBank to serve the Oxford, Miss., market.

15. Nike Buys Frayser Land From Belz for Expansion -

200 acres in Frayser Sale Amount: $2.2 million

Sale Date: Jan. 24, 2013

Buyer: Nike TN Inc.

16. Mayor, Banks Revive Program Targeting City’s Unbanked -

It started with a letter. More than two dozen of them, actually. Bankers from around Memphis got a missive from Memphis Mayor A C Wharton Jr. in 2010 that solicited help from bankers like Joe DiNicolantonio, West Tennessee area president for Regions Bank.

17. Rheumatology Clinic Buys Germantown Office Building -

7660 Poplar Pike Germantown, TN 38138

Sale Amount: $986,850

Sale Date: Nov. 14, 2012

18. Rheumatology Clinic Buys Germantown Office Building -

Rheumatology Specialty Clinic PLLC has bought the 4,728-square-foot building at 7660 Poplar Pike in Germantown for slightly less than $1 million.

19. 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

20. Courtyard by Marriott Owner Files $15M Loan -

The company that developed and owns the Courtyard by Marriott hotel at 75 Jefferson Ave. has filed a $15 million loan on the Downtown property.

21. Herbalife Plans to Expand Memphis Distribution Center -

5025 Crumpler Road
Memphis, TN 38141

Permit Cost: $4.8 million

Permit Date: Applied August 2012

22. Former Ike's Sells for $1.3 Million -

A 16,085-square-foot former Ike’s drug store at the corner of Summer Avenue and North Perkins Road has sold for $1.3 million, or about $81 a square foot.

3C Summer Partners LLC, which lists a residential address in Brentwood, Tenn., bought the property from Stephen L. LaFrance Pharmacy Inc., filing a $1.7 million loan through Trustmark National Bank at the time of purchase.

23. Humane Soc. Names Walker Development, Marketing Mgr. -

Leah Walker has joined the Humane Society of Memphis & Shelby County as development and marketing manager. Walker represented her home state as Miss Georgia in 2008 before joining the Greater Memphis Chamber as a development consultant.

24. Land South of Shelby Forest Sells for $2.3 Million -

Vacant Land
Near Shelby Forest Park
Sale Amount: $2.3 million

Sale Date: Nov. 17, 2011
Buyer: Warren Nickolas Nunn
Seller: Estate of William S. Howard Sr.
Loan Amount: $2.5 million
Loan Date: Nov. 18, 2011
Maturity Date: n/a
Lender: Patriot Bank
Details: Warren Nickolas Nunn has bought several large parcels of vacant land from the estate of William S. Howard Sr. for $2.3 million, financing it with a $2.5 million loan through Patriot Bank.

25. Off the Dock Seafood Plant Sells for $1.3 Million -

Nashville-based Seafood Property Partners GP has bought a 9,224-square-foot seafood packing plant at 3511 Sky Harbor Cove from David Feinstone and Andria Feinstone for $1.3 million.

26. Trust One Parent Has Profitable Q3 -

Columbus, Ga.-based Synovus Financial Corp. reported earnings of $15.7 million for the third quarter, the company’s first quarterly profit since Q2 2008.

27. Trustmark Corp. Reports Profitable Q3 -

Trustmark Corp., the parent of Trustmark National Bank, reported net income of $27 million in the third quarter.

28. Arlington Shopping Center Financed for $1.5 Million -

Slidell, La.-based Southeast Investments LLC has financed a nearly 24,000-square-foot shopping center at 6050 Air Line Road in Arlington for $1.5 million through Trustmark National Bank. The loan matures July 5, 2016.

29. $7.8 Million Loan Filed For Ridge Lake Doctor’s Office -

VRF Building Partners LLC has filed a $7.8 million loan through Trustmark National Bank for 825 Ridge Lake Blvd.

30. Smith & Nephew Files Permit For Goodlett Farms Building -

7135 Goodlett Farms Parkway
Cordova, TN 38016
Permit Amount: $8 million

31. Stonebriar Properties Buys Land in Stonebriar Phase 5 -

Germantown-based Stonebriar Properties LLC has bought 63 lots in Stonebriar Planned Development, phase 5, as well as 30 acres of vacant land in the development, from Land Solutions LLC for $2.5 million.

32. Takeuchi Joins Memphis Veterinary Specialists -

Dr. Ai Takeuchi has joined Memphis Veterinary Specialists and PetMed Emergency Center as the facility’s first hospitalist.

Hometown: Kugenuma, Japan, but I grew up in Trinidad, U.S., Indonesia and Singapore as well.
Education: University of Pennsylvania, VMD; Mount Holyoke College, BA
Family: I am in Memphis with my husband, Chris, and my son, Aiden, who is almost 4 months old. We have a dog named Bovie and three cats: Rex, Mika and Lailee.
Activities you enjoy outside of work: Eating good food; I’m a foodie and love trying new restaurants. I also love to cook, horseback ride, read books and go on hikes or long walks with the family and our dog, Bovie.
Who has had the greatest influence on you? My mom had the most influence over me. She was a “Tiger Mom” and raising me in different countries while upholding cultural traditions must have been a challenge. She always pushed me to excel and I wouldn’t be where I am today without her support.
Why did you pursue a career as a veterinarian? At the age of 4, I went from wanting to be a bus driver to a veterinarian. I’ve always loved animals, and taking care of them is my dream job. They have no voice of their own and need someone to champion for them and take their interests at heart. They are all innocent little souls that need someone to watch over them.
What drew you to Memphis Veterinary Specialists? I wanted to work with boarded specialists who offered the highest level of medicine available. I enjoy emergency work as well as the challenges of complicated cases. It is imperative that I can give my clients a variety of medical options, including seeing a premier specialist.
What do you consider your greatest professional accomplishments? Whenever I can say I helped a family cope with their pet’s illness and was able to ease both their pain and help their pet. That is a great accomplishment for me.
What do you most enjoy about your work? Making a difference in an animal’s life and their family’s life. Being able to bring comfort to both the pet and the family makes my job fabulous. Even if the diagnosis is not a good one, at least I can answer their questions and help them make the right decision for their family.

33. Foreign Investors Buy Treasure Park Apartments -

2601 N. Watkins St.
Memphis, TN 38127
First Sale: $1.1 million

Sale Date: Jan. 31, 2011
Buyer: City National Bank
Seller: Federal Deposit Insurance Corp. as receiver for Imperial Capital Bank of La Jolla, Calif.
Second Sale: $450,000
Sale Date: Jan. 28, 2011
Buyer: Square Mile Investments LLC
Seller: City National Bank
Details: A foreign investment group named Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.
Details: A foreign investment group named Square Mile Investments LLC has bought Treasure Park Apartments at 2601 N. Watkins St. in Frayser from City National Bank for $450,000.

34. Cordova Strip Center Sells for $800,000 -

Cordova-based Monopoly Properties LLC has bought a strip shopping center at 990 N. Germantown Parkway from U.S. Bank NA, as trustee for Morgan Stanley Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2005-HQ7, for $800,000.

35. Trustmark Forecloses on 46 Lots in Gailyn Manor -

Trustmark National Bank has foreclosed on 46 lots in Gailyn Manor Planned Development, phase II, according to a first-run foreclosure notice in today’s Daily News. The foreclosure notice was filed because borrower Gailyn Manor Inc. defaulted on a $2.1 million loan through Trustmark. That loan was a construction deed of trust dated Nov. 15, 2005, for what at the time was 34.3 vacant acres on Old Brownsville Road.

36. Polly Installed as President of Downtown Kiwanis Club -

Dianne Polly, vice president of compliance and community relations for Metropolitan Inter-Faith Association, has been installed as president of the Downtown Memphis Kiwanis Club. Also, she has been appointed chairman of the American Dietetic Association’s Ethics Committee.

37. Local TARP Profits Lining Up For Fed -

The federal government has so far turned a nearly $93 million profit from the investment of emergency capital into Memphis-area banks as part of its larger rescue of the nation’s financial system in 2008.

38. Trustmark-Cadence Merger Shows Different Outcomes -

The merger of Trustmark National Bank and Cadence Bank offers a reminder of the arguably scattershot approach with which the federal government implemented the Troubled Asset Relief Program.

39. Trustmark CEO Prepares to Retire -

Trustmark Corp. CEO Richard Hickson is preparing to hand off the reins of the Jackson, Miss.-based bank to Gerard (Jerry) Host at the end of the year, when Hickson retires from the post Dec. 31.

40. Host to Become CEO of Trustmark -

JACKSON, Miss. (AP) – Trustmark Corp. and its subsidiary, Trustmark National Bank, said Tuesday that Gerard Host will serve as president and CEO of both companies starting Jan. 1.

41. Great Oaks Church of Christ Begins Work on New Wing -

3355 Brunswick Road
Bartlett, TN 38133
Loan Amount: $1 million
Loan Date: June 16, 2010
Maturity Date: June 10, 2011
Borrower: Great Oaks Church of Christ
Lender: BancorpBank South

42. Paintball Park Sells For $3.5M After Foreclosure -

The property that houses the Paintball Park at 9640 Davies Plantation in Lakeland has sold for $3.5 million in a substitute trustee’s deed following a foreclosure.

The sale closed June 10 with Trustmark National Bank reclaiming the 101.95-acre property on the Shelby County Courthouse steps from substitute trustee Kelly E. McCarthy of Morton & Germany LLC.

43. Stephenson Finds Success In Memphis -

Susan Stephenson grew up in East Tennessee and followed her heart to Memphis when a young man she knew decided to attend graduate school here.

44. Former Orgill Distribution Center Sold Following Foreclosure -

2108 Latham St.
Memphis, TN 38109
Sale Amount: $2.5 Million

Sale Date: March 9, 2010
Buyer: NW-2100 Latham Street LLC
Seller: Bradley Ottinger, trustee

45. Onyx Medical Files $3.5 Million Permit -

Onyx Medical Corp. last week filed a $3.5 million permit with the city-county Office of Construction Code Enforcement to build a facility at 5121 N. Shelby Oaks Drive.

46. Six Permits Issued to Airport For Ground Transportation Center -

2491 Winchester Road
Memphis, TN 38116
Permit Amounts: $89.5 Million

Project Cost: $121 million
Permit Date: Issued March 2010
Completion: Spring 2012
Owner: Memphis-Shelby County Airport Authority
Tenant: Memphis-Shelby County Airport Authority
Contractor: The Flintco Cos. Inc.
Architect: Walker Parking Consultants

47. RBM Venture Files Two Loans on Cordova Lots -

RBM Partners LP and RBM Trinity LP, two related entities connected to RBM Venture Co., have filed $1.6 million and $700,000 loans, respectively, on two lots near Trinity and Dexter roads in Cordova.

48. Onyx Files Loan For New HQ -

Onyx Medical Corp. on Monday filed a $3.9 million construction loan through Trustmark National Bank to build a facility at 5121 N. Shelby Oaks Drive.

49. Little Guys, Big Guys -

No one would mistake a local institution like Tri-State Bank for one of Wall Street’s mighty titans of finance, whose recent woes brought the U.S. and world economies to their knees.

50. Banks Find Time Right to Repay TARP -

President Barack Obama made an effort to show his disdain for the taxpayer-funded bank bailout during his State of the Union address Wednesday night, likening its popularity to that of a root canal.

51. TARP paybacks spell end for Wall Street, Washington marriage -

About 230 miles separate the centers of political and financial power in the United States.

But in 2010, Wall Street and Washington will remain as interlocked as they’ve been for the past two years, ever since the federal government first began using the public credit card to shore up the wobbly financial marketplace.

52. Renal Company Sells Clinic, Leases It Back From New Owner -

4185 Pace Road
Memphis, TN 38116
Sale Amount: $2 Million

Sale Date: Dec. 17, 2009
Buyer: BanBan South Memphis LLC
Seller: RAI II LLC
Loan Amount: $1.5 million
Loan Date: Dec. 15, 2009
Maturity Date: March 7, 2011
Lender: First Security Bank

53. Owner Files $2.3M Loan On Retail Center -

The owner of the Kirby Gate shopping center in the Quince/Ridgeway area on Dec. 16 filed a $2.3 million loan through Trustmark National Bank against a portion of the property.

54. Mixed Signals Remain for Local Banking Industry -

The old proverb about the fear of dismounting a tiger – once you’re riding one, you can’t hop off without becoming easy prey for the beast – seems applicable to the banking industry at the moment.

The tiger it’s riding is an economy marked by delinquent mortgages, companies shedding jobs and unpaid consumer loans stacking up as borrowers fall further behind. As a result of that upheaval, the U.S. government has basically turned into a vast holding company sitting on giant stakes in automakers and hundreds of banks.

55. Migliara Buys Summer Avenue Retail Center from Las Vegas Owner -

6343 U.S. 70 (Summer Ave.)
Memphis, TN 38134
Sale Amount: $1.2 Million

Sale Date: Nov. 25, 2009
Buyer: Lawrence Migliara
Seller: Biz Point Property Group LLC
Loan Amount: $1.2 million
Loan Date: Nov. 25, 2009
Maturity Date: Dec. 5, 2014
Lender: Trustmark National Bank

56. Migliara Buys Summer Ave. Retail Center for $1.2M -

Local real estate investor and retail owner Lawrence Migliara has bought the 14,700-square-foot strip center at 6343 U.S. 70 (Summer Ave.) near Bartlett for $1.2 million from Biz Point Property Group LLC of Las Vegas.

The retail building, part of the Bartlett Commercial Center Planned Development, sits on the east side of Summer Avenue near its intersection with Elmore Road and across the street from the Summer Avenue driver testing station.

57. Loan Losses Still Up at Area Banks -

With a few exceptions, most major regional and community banks with a presence in the Memphis market are socking away more money these days to cover troubled parts of their loan portfolios.

The degrees to which they’re piling up those cushions vary widely, with the figure more than doubling at banks like Cadence and Renasant when comparing the just-ended third quarter to the same period last year. And the trend is important to watch, because when provisions for loan losses are on the rise it eats into a bank’s earnings, which in turn postpones the return of stability to the industry.

58. Treasury: Local Banks Have Paid $42M in Interest -

Memphis-area banks have paid more than $42 million in interest to the federal government as part of the strings attached to emergency capital they received starting last year.

The desperately needed cash was doled out to banks to help them ride out the economic storm, and was one of the most significant planks in the government’s rescue of the financial system. Banks are making quarterly interest payments on those capital infusions, and the tally from banks in and around Memphis comes from a new report from the U.S. Treasury.

59. Dollar General Coming To James Road in Raleigh -

3609 James Road
Memphis, TN 38128
Permit Amount: $497,000

Project Cost: $497,000
Permit Date: Applied September 2009
Completion: TBA
Owner: SW Properties LLC
Tenant: Dollar General Corp.
Contractor: SW Properties LLC
Architect: N/A

60. ‘Hoops of Fire’ Squelch Commercial Real Estate Activity -

The economy hasn’t extinguished commercial real estate deals, but it certainly has changed the way they get done.

Shane McElveen learned about the tedious process of property acquisition when he looked into buying the High Point Funeral Chapel at 3788 Summer Ave. in the Berclair area. McElveen, who had worked at the chapel as senior vice president, was trying to buy the business from owner G. David Keller.

61. Waddells Buy Ashley Manor Condominiums -

John and Nancy Waddell have bought the two-building, 16-unit Ashley Manor condominiums at 129 and 137 N. Belvedere St. in Midtown for $1.6 million from Chamberlain, McCreery and Rice GP. The sale closed Sept. 4.

62. Caputo Joins Baker Donelson’s Construction Law Practice -

Chris Caputo has joined Baker, Donelson, Bearman, Caldwell & Berkowitz PC. Caputo concentrates his practice in construction law and has experience in representing public and private owners, contractors and subcontractors, suppliers, insurers, financial institutions and design professionals.

63. Enclave Partnership Files Loan For 19 Lots of Enclave at Sparkle Creek -

Enclave at Sparkle Creek Planned Development
Unincorporated Shelby County
Loan Amount: $1.5 Million

Loan Date: Aug. 13, 2009
Maturity Date: Aug. 15, 2011
Borrower: The Enclave Partnership
Lender: Merchants & Planters Bank

64. Funeral Home and Office Sell for $3.4 Million -

A Berclair commercial portfolio anchored by the High Point Funeral Chapel sold Aug. 10 for $3.4 million in an internal transaction. The seller, G. David Keller, is listed as president and owner of the funeral home at 3788 Summer Ave.

65. Banks Pay Back $30M in Interest on TARP Money -

The federal government has collected almost $30 million in interest payments from Memphis-area banks that got emergency capital starting last year, according to a new report from the U.S. Treasury.

66. Stronger Banks Keep Opting Into Bailout Program -

The impact that the U.S. Treasury Department’s capital purchase program will have on the banking landscape in Memphis is coming more clearly into view.

Bank of Bartlett has applied to participate in the government program, and bank chairman and CEO Bob Byrd said the bank probably will end up taking part in the program. Independent Bank is still evaluating whether it wants to participate.

67. BNSF Adds Fueling Facility To Memphis Intermodal Yard -

5280 E. Shelby Drive
Memphis, TN 38118
Permit Amount: $1.6 Million

Project Cost:$100 million
Permit Date:Applied October 2008
Completion:Second Quarter 2009
Owner:BNSF
Tenant:BNSF
Contractor:Ames Construction

68. G’Town Office Building Sells for $1 Million -

The office building at 7660 Poplar Pike in Germantown isn’t quite finished, but it already has a new owner. Bregenzer Properties LLC paid $1 million for the 5,000-square-foot structure. The company bought the office building from Nancy S. Waddell, who acquired it in March from the builder, The Salvaggio Group LLC.

69. THM to Build Nursing Facility Near Downtown -

1513 N. Second St.
Memphis, TN 38107
Permit Amount: $12.5 Million

Project Cost: $12.5 million
Permit Date: Applied September 2008
Completion: Winter 2009
Owner: Harbor View Properties Inc.
Tenant: Harbor View Properties Inc.
Contractor: Inman Construction Co.
Architect: Askew Nixon Ferguson Architects Inc.

70. SRVS Buys Parkway Village Office Building - The Shelby Residential and Vocational Services Inc. (SRVS) has bought an office building at 3971 Knight Arnold Road in Parkway Village for $850,000 from the Ajsy Family Living Trust, Anthony Joseph Campos Sy, trustee. The sale closed Aug. 28.

The 82,166-square-foot building was built in 1992 and sits on 3.3 acres near the intersection of Knight Arnold and Getwell roads. The Shelby County Assessor of Property’s 2008 appraisal is $422,500.

The organization financed the purchase with a $722,500 loan from Trustmark National Bank. SRVS was formed in 1962 to help Shelby County residents with development disabilities.

Source: The Daily News Online & Chandler Reports


...

71. Seven Foreclosures Filed AgainstMark Matthews Development LLC -      Seven first-run foreclosure notices appear in today's Daily News beginning on Page 32 for properties owned by Mark Matthews Development LLC.
     The lots facing foreclosure are: lot 152 in

72. Foreclosure Notices FiledAgainst Matthews Dev. -      Seven first-run foreclosure notices for properties owned by Mark Matthews Development LLC appeared in the Foreclosures section of Friday's edition of The Daily News.
     Three loans were ta

73. Foreclosures Filed AgainstMark Matthews Properties -      Five first-run foreclosures have been filed against properties owned by Mark Matthews Development LLC, according to The Daily News Online, www.memphisdailynews.com. The notices begin on Page 37 of today's issue of The Da

74. Four Foreclosures FiledAgainst Mark Matthews Dev. -      Trustmark National Bank has filed four first-run foreclosure notices against Mark Matthews Development LLC, which appear in today's issue of The Daily News starting on Page 32.
     Trustmark

75. Foreclosures Filed Against Mark Matthews Development -      Five first-run foreclosure notices against Mark Matthews Development LLC have been published beginning on Page 30 in the foreclosures section of today's Daily News. The lenders are Trustmark National Bank and Sycamore Ba

76. Trustmark Bank BuysRegions Branch on Poplar -      Trustmark National Bank has bought a current Regions Bank branch in the busy Poplar Avenue Corridor and plans to convert it to a Trustmark branch.
     Regions sold the branch at 6165 Poplar

77. Apartment Conversion, New Condo Construction Planned for North Belvedere -

Ashley Manor Condo Conversion at
129 and 137 N. Belvedere Blvd.
Sale Amount: $695,000

Sale Date: May 31, 2007

78. Archived Article -

15 buildings in
Bartlett Industrial Park
Sale Amounts: $20.7 million; $9.4 million; $2.9 million; $1.5 million; and $1.2 million

Sale Date: May 17, 2007

79. Chamberlain, McCreery & RiceBuys Retail Lots in Millington -      Chamberlain, McCreery & Rice LLC has bought two lots in Millington's Flag City Commercial Subdivision for $1.4 million from Wilkinsville Partners LLC.
     The two vacant lots in Flag City Co

80. Archived Article -

830 N. Byhalia Road
Collierville, TN 38017
Loan Amount: $10.6 million

Loan Date: Jan. 19, 2007

Maturity Date: Jan. 19, 2017

81. Mayor Herenton's Executive Assistant Moves to MLGW -

Gale Jones Carson has been named director of corporate communications for Memphis Light, Gas & Water Division. In her new executive-level position, she will report directly to MLGW president and CEO Joseph Lee III. She previously was executive assistant to Memphis Mayor Willie Herenton.

82. Mark Matthews DevelopmentBuys Brookemeade Property -      Mark Matthews Development LLC has bought 25 lots in Brookemeade Planned Development in Bartlett from Chamberlain and McCreery Inc. for $1.4 million, financing the purchase with six loans totaling more than $1 million.83. Archived Article -

One lot in
I-40 Business Center
Loan Amount: $4.5 million

Loan Date: Sept. 28, 2006

Maturity Date: March 28, 2008

84. Cordova Industrial LotsSell for $1.5 Million -      Cobb 64 Investments LLC has bought three lots on Trinity Creek Cove in Cordova from O'Neill & Pearce Investments LLC for $1.5 million. The lots, which are .84 acres, .38 acres and .63 acres, are west of Trinity Road in T

85. Archived Article -

3815 Advantage Way
Memphis, TN 38128
Loan Amount: $15.7 million

Sale Date: Sept. 21, 2006

Buyer: Jamesbridge Group LLC

86. Trustmark Opens New Location in Olive Branch -      Trustmark National Bank has opened its 18th facility in the Memphis/DeSoto County metropolitan area.
     The bank is at 7147 Hacks Cross Road in Olive Branch and is the second in the city s

87. Trustmark-Republic Merger Awaits Shareholders' Approval -      The U.S. Comptroller of the Currency has approved the merger of Trustmark Corp.'s subsidiary, Trustmark National Bank, with Republic National Bank, which is a subsidiary of Republic Bancshares of Texas Inc.
 &n

88. Archived Article -

7761 U.S. 64
Memphis, TN 38133
Sale Amount: $17 million

Sale Date: July 7, 2006

Buyer: TENN CMX Owner LLC

89. Mark Matthews DevelopmentBuys Lots in Brookemeade -      Mark Matthews Development LLC has bought 25 lots in Bartlett's Brookemeade Subdivision from Chamberlain and McCreery Inc. for $1.4 million. The purchase was financed by eight mortgages totaling $1.3 million through Trust

90. Patriot Bank OpensFourth Facility - Patriot Bank has announced the opening of its fourth location at 9105 Barret Road in Barretville, Tenn. The acquisition of the Barretville bank building and a free-standing drive-through ATM at 2015 Rosemark Road in Atoka were part of an agreement Pa

91. Local TV Journalist Wins Chance to Explore Issues in Tanzania -

The National Association of Black Journalists has chosen WMC-TV Action News 5 anchor/reporter Syan Rhodes as one of four journalists for the NABJ/UN Tanzania Fellowship. Rhodes will travel with NABJ President Bryan Monroe to the Republic of Tanzania May 5-15 to focus on African health, malaria prevention and other issues.

92. Archived Article -

5900 Cedar Forrest Drive
Memphis, TN 38119
Sale Amount: $21.6 million

Sale Date: April 12, 2006

93. Trustmark Opens New Whitehaven Location - Trustmark National Bank has opened a new branch at 4572 Elvis Presley Blvd. in Whitehaven - the bank's first branch inside the Interstate 240 loop. The Jackson-based company entered the Memphis market with the purchase of Peoples Bank & Trust Co. and

94. Tuttle Elected to State Judicial Selection Commission -

Dale H. Tuttle of Glassman, Edwards, Wade & Wyatt PC has been elected 2006 vice chairman of the Tennessee Judicial Selection Commission. The commission interviews and recommends applicants for all state courts.

95. Archived Article -

2270 Germantown Parkway
Cordova, TN 38016
Cost: $5.3 million

Borrower: Tirupati LP

Lender: General Electric Capital Corp.

96. Subdivision PlannedNear Canada Road - PPM XIV LP has purchased 19.17 acres on U.S. Highway 64 east of Canada Road from Woodland Park Joint Venture for $3.2 million. The property, on the north side of U.S. 64 behind a Walgreens store, is slated to become a medium-density subdivision. A $2

97. Egypt Central LandFinanced for $13.8 Million - Quail Ridge Highlands LLC has purchased 10.51 acres of vacant land near Egypt Central Road from Highlands Realty Acquisitions Inc. for $1.7 million. The property, part of 13.53 acres Highlands purchased in 2004 for $800,000, will become an apartment

98. Archived Article -

Three properties
on East Shelby Drive
Cost: $4.6 million

Buyer: GMIP Shelby Drive LLC

Seller: IWS Shelby Partners

99. Archived Article -

Property near
Chambers Chapel Road
Cost: $35 million

Borrower: Levitt and Sons LLC

Lender: Regions Bank

100. Archived Article -

5300 Hickory Hill Road
Memphis, TN 38141
Cost: $18.8 million

Borrower: DCT Eastpark I LP and Ark Eastpark I LLC