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Editorial Results (free)

1. Cordova Apartments Fetch $17.5 Million -

The Houston Levee Apartments community in Cordova has been sold for $17.5 million.

MA Houston Levee at Cordova LLC, which is affiliated with Mount Auburn Capital Group, acquired the 289-unit apartment complex at 9940 Paddle Wheel Drive in Cordova from USA Houston Levee DST, according to a July 9 warranty deed. The buyer filed a $13.4 million loan with Silverspeak Real Estate Finance LLC in conjunction with the purchase, according to a deed of trust filed the same day.

2. Bypass the Taxman via Property Exchange -

Most of us are ankle, knee, elbow, perhaps even chin deep in the process of filing tax returns. A recent publication noted that even those due refunds wait until the last minute to submit their bills to Uncle Sam.

3. Workforce Group Elects Downtown for Office -

The Greater Memphis Alliance for a Competitive Workforce has found a headquarters location Downtown, leasing 2,967 square feet at the One Commerce Square office tower.

The alliance aims to produce a united regional workforce development system by generating extensive workforce data, creating a pipeline of ready-to-work employees, crafting career roadmaps for workers and students and helping meet the near-term employment needs of local employers.

4. Memphis Equipment's Roots Go Back to World War II -

To most Memphians driving past the Memphis Equipment Co. front lot on South Third Street near E.H. Crump Boulevard, the company appears to be a small lot of vintage U.S. Army vehicles.

5. 1212 Makes Statement With January Sales -

What a difference a boom makes. In 2008, when the Icon condos in the Gulch were beginning to close, the developer was under scrutiny. Some doubted the veracity of his reported sales figures.

One group even went as far as to photograph the tower under the cover of darkness in order to prove no one lived there. If the lights are out, they argued, units had not been sold.

6. Push for Broader Minority Business Participation Grows -

A larger share of business for minority- and women-owned local businesses should begin with an inventory that matches existing businesses with existing opportunities.

And three leaders of the recently revived effort to build that share of business say from there the local Memphis economy overall can grow.

7. After the Flood -

When the flood water and debris from Nonconnah Creek receded last week from the Wheel Estate Mobile Home Park on East Brooks Road, it exposed a set of familiar issues for such properties in Memphis.

8. Rain Stops, Flood Waters Remain -

Once the rain stopped Sunday, June 29, the National Weather Service at Memphis had recorded seven inches of rain in a 30-hour period. That’s about three and a half inches more rain than Memphis gets on average in the month of June.

9. For Financial Strength, Question Old Rules -

One of the great things about loving what you do is that it doesn’t seem like work. On Saturdays when I go to “work” at the radio station, I have the amazing experience of not only being a radio show host, but also being somewhat of financial doctor.

10. Henry Turley Co. Files Permits for South Junction -

727 E. Mann Circle; 726. E. Mann Circle; 725 W. Mann Circle; 35 W. Georgia Ave.; 649 Florida St.; 18 W. Carolina Ave.; 9 E. Carolina Ave.
Memphis, TN 38103
Permit Costs: $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.5 million; $1.4 million

11. Aces Increases Presence With Two Leases -

Aces A/C Supply North has recently signed two leases in the region – one in Memphis and one in Jackson, Tenn.

Carrollton, Texas-based Aces, a representative of American Standard Heating and Air Conditioning, is a wholesaler of air conditioning and equipment and parts.

12. Despite Foreclosure Halt, Mortgage Crisis Not Over -

MIAMI (AP) – For most Americans at risk of losing their homes, the brutal business of foreclosure goes on.

Bank of America halted foreclosures across the country to address paperwork problems, but three other banks did so only in 23 states. Other banks holding millions of mortgages have not suspended any foreclosures.

13. Realizing Dreams -

William Adair’s quad-cab, four-wheel-drive pickup truck is splattered with mud. The office where he parks it out back, a converted country home at the corner of Tenn. 196 and U.S. 72, is littered with maps.

14. Better Prospects -

Real estate investor John Bogdasarian might be from Ann Arbor, Mich., but it didn’t take him long to discover that the intersection of American Way and South Perkins Road was once infamous for its proximity to the old Mall of Memphis.

15. 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.”

16. 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.

17. Fowlkes Takes Helm At Small Business Chamber -

Becoming the executive director of the Memphis Small Business Chamber is another facet of coming home for Andre K. Fowlkes.

Although he’s a native Memphian, he brings a big-city perspective and financial expertise to the job. He’s lived in New York and San Francisco where he worked for high-profile firms Fisher Investments and Guardian Life Insurance Company of America, respectively.

18. Restaurant Tax Hike Sought by County -

First comes the tax proposal. Then comes the tidal wave of opposition and a crushing defeat either by popular vote or by political will.

And then the tax proposals that are an alternative to a property tax hike usually are memorialized with a pledge to try to reach a civic consensus on tax reform.

19. Wharton Takes First Step With Payroll Tax Today -

Shelby County Mayor A C Wharton Jr. takes the idea of a county payroll or privilege tax to the Shelby County Board of Commissioners today.

It's the first step on a political path to Nashville where the Tennessee General Assembly has the ultimate power to grant the county the ability to levy the tax. And it promises to be a rocky path judging by the rough reception commissioners gave the idea last week in committee sessions.

20. Bass Berry's Stemmler Recognized In Chambers USA 2006 Guide -

"Chambers USA: America's Leading Lawyers for Business" recently ranked John A. Stemmler of Bass, Berry & Sims PLC among the nation's best real estate attorneys.

Chambers and Partners publishes the world-renowned guides "Chambers UK," "Chambers USA," "Chambers Global" and "Chambers Student." The guides contain assessments of the reputations and expertise of business lawyers in 175 countries across the world. General counsel and other purchasers of legal services refer to Chambers rankings when selecting lawyers.

21. Expo to Cover All Things Baby -

March 20

The Institute of Real Estate Management presents "Successful Site Management (RES201)" through Sunday from 8 a.m. to 5 p.m. at the Memphis Area Association of Realtors, 6393 Poplar Ave. Registration is $555 for members and $715 for non-members. Visit www.irem-memphis.org.

22. Archived Article: Small Biz - By Andy Meek

Goodman Finds Sweet Success in Franchise Venture

ANDY MEEK

The Daily News

The bouquets that Cheryl Goodman spends hours perfecting in her Cordova home are eye-catching, usually built around a specific theme and edible.

Go...

23. Archived Article: Real - Commercial Realtors Depending on Internet

Internet Makes Impact on Commercial Sales

LANCE ALLAN

The Daily News

The day real estate professionals arent needed to help buyers and sellers complete real estate transactions will probably neve...

24. Archived Article: Welcome Home (lead)-ks - Welcome Home Moving Strongly Along

Welcome Home Aims to Certify Realtors

Local affordable housing curriculum to be used nationally

LANCE ALLAN

The Daily News

A national initiative to increase homeownership among low-income families is...

25. Archived Article: Real Focus - Great expectations Great expectations Realtors anticipate more good things from 97 residential market By Tom Kimbrough Special to The Daily News Those of us working in a business that has anything to do with real estate should, more than ever before...

26. Archived Article: Real Fcs Spl-lediclj - lj 10/5 cates Research, not rentals SPL/LEDIC puts Memphis and Nashville apartment research online with new Web site By LAURIE JOHNSON The Daily News By deciding not to reinvent the wheel, a Memphis apartment brokerage and property management compan...