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Editorial Results (free)

1. Hedgemoor Square Sells for $3.6 Million -

375 N. Graham St.
Memphis, TN 38117
Sale Amount: $3.6 million

Sale Date: April 30, 2014
Buyer: Summit Hedgemoor Square Apartments LLC
Seller: Hedgemoor Square Apartments GP
Loan Amount: $2.7 million
Loan Date: April 30, 2014
Maturity Date: N/A
Lender: Pulaski Bank

2. Six Office Condos Sell for $1.5 Million -

Six office condominiums in the Corporate Gardens complex at 9040 Garden Arbor Drive in Germantown have sold for $1.5 million.

3. Transcripts Show Fed at Times Slow to Grasp Crisis -

WASHINGTON (AP) – The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.

4. $3.5 Million McVay Station Begins -

Three Class A speculative office buildings have broken ground in Germantown at McVay Road and Poplar Pike.

The $3.5 million development, named McVay Station Professional Center, is by Jason Speed, local developer and contractor whose claim to fame was Corporate Gardens, a $24 million, 148,000-square-foot retail and office park delivered in 2001 on 14 acres at Forest Hill Irene Road and Poplar Pike.

5. Packed Week for Entrepreneurs Draws to Close -

The week that’s now drawing to a close is Exhibit A for why a national tech media site co-founder said he and his partner are relocating their operation to Memphis.

Nibletz.com co-founder Kyle Sandler said other cities made strong offers – some of them even willing to pony up more incentives than could be matched by Memphis entities wooing Nibletz, which bills itself as “the voice of startups everywhere else.” But Sandler said he wants to be where the action is, and as he sees it, the entrepreneurial and startup action is in Memphis.

6. Investor Day Arrives for ZeroTo510 -

The first entrepreneurs to go through the ZeroTo510 business accelerator program are 24 hours away from their moment of truth.

Six medical-focused startups that participated in the first phase of the entrepreneurship boot camp, launched earlier this year by Memphis Bioworks Foundation and Innova, will pitch their concepts to investors Thursday, Aug. 16, in the hope of securing funding that takes them to the next level.

7. Grand Masters Arrive at Dixon -

For the New Year, the Dixon Gallery and Gardens chose an exhibition so grand it wouldn’t all fit through the doors.

No problem, said Dixon director Kevin Sharp. Museum officials just expanded the doors.

8. Bill Would Make Drug Price Gouging a Federal Crime -

TRENTON, N.J. (AP) – Price gouging on prescription drugs already in short supply would become a federal crime under legislation about to be introduced.

Sen. Charles E. Schumer, D-N.Y., said he's proposing a bill that that would give the U.S. Department of Justice authority to crack down on "unscrupulous drug distributors" who sell hospitals life-saving prescription medicines in short supply at huge markups.

9. Tigers Ace First Test, Take Talents to Maui -

Every season has a first game. But this was not a perfunctory tip to an ordinary season. This one felt different, felt like the first act of a play that could have the ultimate, dramatic, ending.

Months from now, no one will remember all the particulars from the University of Memphis’ 97-81 victory over Belmont on Tuesday, Nov. 15. People will forget that Will Barton, Wesley Witherspoon and Joe Jackson all went for at least 20 points, that the game started at 11 a.m. on a Tuesday (to accommodate ESPN) and that outside FedExForum it was a gray, rainy day.

10. The Law of Crosswords -

“Dear Judge Vic, I’ve heard that crosswords are considered mentally healthy. Can you address this topic? Also, I’d like to work on your crosswords, but I hear they have legal themes. I worry I might not be qualified. /s/ New Kid.”

11. Hot Commodity -

Standing on a sidewalk that faces Germantown Parkway, across from the entrance to Bellevue Baptist Church, a man wears a gold-colored track suit and backwards cap while waving an oversized sign in the shape of an arrow that announces to passing motorists, “We Buy Gold. Highest prices paid.”

12. Memphis-Paris Pact Kicks Off Airport Cities Conference -

The Airport Cities World Conference & Exhibition opened informally Monday with Memphis Mayor A C Wharton Jr. and French Minister of Urban Development Maurice Leroy signing a trade pact between the cities of Memphis and Paris.

13. Memphis-Paris Pact Kicks Off Airport Cities Conference -

The Airport Cities World Conference & Exhibition opened informally Monday with Memphis Mayor A C Wharton Jr. and French Minister of Urban Development Maurice Leroy signing a trade pact between the cities of Memphis and Paris.

14. Fed Official Mulls Early End to Bond-Buying Plan -

WASHINGTON (AP) — A Federal Reserve official says he may push for an early end to the central bank's $600 billion bond-purchase program if inflation shows signs of spreading.

Charles Plosser, president of the Federal Reserve Bank of Philadelphia, is an outspoken critic of the program, which is slated to end in June. Plosser says he "would not rule out" pressing the Fed for an early end to the program if the economy grows more strongly than anticipated and inflation picks up too much speed. The Fed's next meeting is March 13.

15. Consumer Comeback Skips Wal-Mart's Aisles -

NEW YORK (AP) – Wal-Mart is missing out on the consumer comeback.

The world's largest retailer failed to reverse an almost two-year slide in a key revenue measure in its fourth quarter, it said Tuesday, after all but promising in November it would do just that.

16. Wal-Mart's 4Q Profit Rises; US Sales Still Slump -

NEW YORK (AP) – Wal-Mart Stores Inc. reported a 27 percent increase in fourth-quarter net income as the world's largest retailer benefited from cost-cutting and strong sales overseas.

17. Fed Cracks Down on Gift Card Abuses -

WASHINGTON (AP) - The Federal Reserve issued new rules on Tuesday to protect Americans from getting stung by unexpected fees or restrictions on gift cards.

Gift cards have grown in popularity – with more than 95 percent of Americans having received or purchased them, the Fed said.

18. Events -

The Alliance for Nonprofit Excellence will hold a workshop today from 8:30 a.m. to noon at its office, 5100 Poplar Ave., Suite 502. Ruth McCambridge, editor of The Nonprofit Quarterly, will be the facilitator. Cost is $99 for members, $150 for nonmembers and $89 for those in the Program for Nonprofit Excellence. For more information, call 684-6605 or visit www.npexcellence.org.

19. Events -

The Center City Commission Diversity Committee will meet today at 1:30 p.m. at the Center City Commission office, 114 N. Main St. For more information, call Jay Goff at 575-0582.

20. SEC Moving Toward Banning Flash Orders -

NEW YORK (AP) - The U.S. Securities and Exchange Commission is moving toward banning a trading practice that gives some brokerages a split-second advantage in buying or selling stocks.

SEC Chairwoman Mary Schapiro said in a statement Tuesday that the agency is working to create a rule to ban the trades known as flash orders.

21. Budget Umpire: Health Care Bills Would Raise Costs -

WASHINGTON (AP) - Democrats' health care bills won't meet President Barack Obama's goal of slowing the ruinous rise of medical costs, Congress' budget umpire warned on Thursday, giving weight to critics who say the legislation could break the bank.

22. College Lite: Post-high school training programs – how do they rate? -

Jess Parrish used to say that when he started Shelby State Community College in 1970, he ran it out of the trunk of his car. His comment reflected the hard work it took to start a two-year college. Parrish also was acknowledging some of the perceptions about community colleges that exist to this day – eight years after SSCC merged with State Technical Institute to become Southwest Tennessee Community College, the largest community college in the state.

23. FBI Probes Possible Insider Trading by SEC Lawyers -

WASHINGTON (AP) - Federal prosecutors and the FBI have been investigating possible illegal insider trading by two Securities and Exchange Commission enforcement attorneys who were in a position to receive sensitive information about agency probes of public companies.

24. Work to Begin Soon On U of M’s ‘Penny’ Hall of Fame -

570 Normal St.
Memphis, TN 38152
Permit Amount: $2.9 Million

Project Cost: $2.9 million
Permit Date: Applied April 2009
Completion: Summer 2010
Owner: University of Memphis Foundation
Tenant: University of Memphis
Contractor: Patton & Taylor Enterprises LLC
Architect: Evans Taylor Foster Childress Architects

25. Longtown to Build In Wolf River Ranch -

Longtown Co. LLC has bought two lots in Phase VII of Wolf River Ranch in Collierville and filed a pair of construction loans valued at nearly $700,000 through BankTennessee to build homes there.

26. Fannie, Freddie Worker Bonuses Total $210M -

WASHINGTON (AP) - Mortgage finance giants Fannie Mae and Freddie Mac plan to pay more than $210 million in bonuses through next year to give workers the incentive to stay in their jobs at the government-controlled companies.

27. Bush Signs Jobless Benefits Extension -

WASHINGTON (AP) - With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.

28. OPEC Slashes Production; Crude Continues to Tumble -

VIENNA, Austria (AP) - OPEC said at an emergency meeting Friday that it will slash oil production by 1.5 million barrels to stem the "dramatic collapse" of oil prices, but crude prices plunged 5 percent anyway as financial markets spiraled downward across the globe.

29. Lightman Realty to Begin Phase II of Centennial Gardens -

7751 Centennial Drive
Memphis, TN 38125
Permit Amount: $10.6 Million

Project Cost: $14 million
Permit Date: Applied October 2008
Completion: 2010
Owner: Michael Lightman Realty Co.
Tenant: Michael Lightman Realty Co.
Contractor: Patton & Taylor Construction Co.
Architect: MMH Hall Architects and Planners Inc

30. Retirement Account Rules Catch Many by Surprise -

DES MOINES, Iowa (AP) - There's some sentiment that a government rule that forces retirees to withdraw money from their IRA and 401(k) accounts when they turn 70½ may need to be changed. That's because people are living longer and need to keep as much of their retirement money for as long as possible, said several financial advisers and a leader of the Senate Finance Committee.

31. Small Firms Beef Up Retirement Services -

Small businesses are helping employees become better managers - of their own money.

When it comes to managing their retirement-savings accounts, small-business employees often are at a disadvantage compared with their counterparts at large companies. Corporations typically employ large in-house human-resources staff and offer analytical tools and money-management services that are cost prohibitive for small firms.

32. Treasury: Swift Support Needed for Mortgage Giants -

WASHINGTON (AP) - Treasury Secretary Henry Paulson said Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac to make sure the two mortgage giants maintain their critically important role in housing finance.

33. House Passes Economic Recovery Package -

WASHINGTON (AP) - The House, seizing a rare moment of bipartisanship to respond to the economy's slump, overwhelmingly passed a $146 billion aid package Tuesday that would speed rebates of $600-$1,200 to most taxpayers.

34. Braverman Joins The West Clinic -

Dr. Aliza Braverman has joined The West Clinic as a rheumatology specialist. She is the first rheumatologist to join the team.

Mike Jackson has been named president and CEO of Memphis-based Verso Paper Holdings LLC. He succeeds LH Puckett, who is retiring but will remain a member of the board of directors. Jackson previously served as a senior vice president at Weyerhaeuser Co. in Federal Way, Wash. He was with the company for 29 years.

35. Charles Speed Starts $1.5 Million in Construction Work in Corporate Gardens -

Building Eight of
Corporate Gardens
Loan Amount: $1.5 million

Loan Date: April 25, 2006

Maturity Date: n/a

36. Corporate Gardens PropertyFinanced for $1.5 Million - Charles Speed Contractor Inc. has filed a $1.5 million construction mortgage through Trust One Bank for 20 units in building 8 of Corporate Gardens Condominium. The borrower in August 2000 received 13.98 acres of the then-vacant land on Poplar Pike w

37. Archived Article: Real Recap - 3316 Hickory Hill Road

Eastview Apartments Sell for $7.9 Million

3316 Hickory Hill Road

Memphis, TN 38115

Cost: $7.9 million

Buyer: Eastview 432 LP

Seller: Mid-America Apartments LP

Property: Eastview Apartments at 3316 Hickory ...

38. Archived Article: Small Biz Focus - By Andy Meek

Memphis 3-D Company Makes National Impact

ANDY MEEK

The Daily News

Like many of the three-dimensional illustrations, animations and multimedia projects created at Paradigm Productions, the Memphis-based company started with ...

39. Archived Article: Law Focus - New parkway paves the way for Shelby Farms Citizens get latest view of Shelby Farms parkway plan By MARY DANDO The Daily News On the same day a national conservancy group warned of the rising pollution levels in the countrys signature national parks...

40. Archived Article: Tech Focus - By SUE PEASE Relera opens largest of quick-start facilities in Memphis By SUE PEASE The Daily News In the Internet world of information and high-speed connectivity, the idea of gigabytes, fiber optic cable and routers is easy to talk about. The buzz...

41. Archived Article: Focus (invest) - Technology pits tradition, trends in stock trading Technology pits tradition, trends in stock trading By KATHLEEN BURT The Daily News Its been a struggle since two people inhabited the earth old ideas vs. new. On one side, a tempting morsel, in this...

42. Archived Article: Real Review - Charles Speed Contractor Inc MAA fixes interest rate on $25 million debt Mid-America Apartment Communities Inc. completed a $25 million, six-year swap, reducing the amount of conventional floating rate debt to 9 percent of its total debt. MAA swappe...

43. Archived Article: Memos - Dr Philip G. Satre, chairman and chief executive officer of Harrahs Entertainment Inc., has been named to the board of directors of JDN Realty Corp. Paul Stone has been named executive vice president and chief financial officer of Mark VII Inc. Ston...

44. Archived Article: Real Fcs (al'tine) Lj - By LAURIE JOHNSON Passing the torch Keeping builders up to speed on new products and forging relationships with real estate agents are MAHBA president-elect Palmer Albertines primary goals for 1998 By LAURIE JOHNSON The Daily News Although Palmer Al...

45. Archived Article: Gov Focus - When Memphis City Treasurer Joseph Lee, III kept getting complaints about delays in property tax refunds, he decided to take action. Refining refunds Connecting government offices via computer could speed property tax refunds By SUZANNE THOMPSON The...

46. Archived Article: Airport Authority - 4/18 jts airport authority Airport Authority to approve 97 budget By JAMES SNYDER The Daily News The Memphis/Shelby County Airport Authority Board of Commissioners meets today to approve its budget for fiscal year 1997 and to consider a number of pr...