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Editorial Results (free)

1. Tigers Revel in Season Sweep of Louisville -

Any in-the-moment analytical evaluation of the Tigers’ chances after Louisville forward Montrezl Harrell slammed home a dunk for an eight-point lead with 4:46 left in the game would have been dire.

2. Events -

Literacy is Key: A Book and Author Affair, sponsored by the Memphis Alumnae Association of Kappa Kappa Gamma, will be held Thursday, Jan. 30, at 11 a.m. at the Holiday Inn University of Memphis, 3700 Central Ave. The program will feature W. Bruce Cameron, Joshilyn Jackson and Molly Crosby. Tickets start at $45; proceeds benefit First Book Mid-South. Visit memphiskkg.org.

3. Federal Data Show Health Disparities Among States -

JEFFERSON CITY, Mo. (AP) – Residents in some parts of the U.S. are signing up for health care coverage at a significantly greater rate than others through the new online insurance marketplaces now operating in every state.

4. Events -

Shelby County Trustee David Lenoir and the Delta Sigma Theta Memphis Alumnae Chapter will hold “Home for the Holidays: A Housing and Economic Empowerment Collaborative” Saturday, Nov. 23, from 8 a.m. to 2:30 p.m. at Hickory Ridge Mall, 6075 Winchester Road. The event will include a small-business resource center, legal clinic, Homebuyer’s Corner, H.O.M.E. financial literacy and budgeting workshop, and more. Visit memphisalumnaedst.org.

5. Winchester Law Firm Inks Lease at Triad Centre -

The Winchester Law Firm is moving to a new space within the Triad Centre II office building in East Memphis with a new buildout.

The law firm will occupy 5,523 square feet in the Highwoods Properties office building at 6060 Poplar Ave.

6. Construction Lending Still Facing Tepid Improvement -

As the economy starts to rebound, local lenders like Magna Bank, First Tennessee Bank and Renasant Bank are seeing moderate improvement in activity for new commercial and residential construction projects, and competition is intensifying to land deals.

7. CRG2 CEO Singer Named Women’s Biz Enterprise Star -

Mary Singer, CEO of CRG2 SustainableSolutions, has been named a 2013 Women’s Business Enterprise Star by the Women’s Business Enterprise National Council. She was chosen by Women’s Business Council South, one of the national organization’s 14 regional partner organizations.

8. Louisville Game Opportunity to Widen Margin for Error -

There are several ways to measure the magnitude of a college basketball game. First, will the outcome echo through the rest of the season and resonate with the NCAA Tournament Committee come March?

9. Events -

Memphis Center City Revenue Finance Corp. will meet Tuesday, Nov. 13, at 9 a.m. in the board’s office in The Crump Building, 114 N. Main St. Visit downtownmemphiscommission.com.

10. A Season for More -

Last season, the Grizzlies made the playoffs and even earned home-court advantage for their first-round series against the Los Angeles Clippers.

Last season, the Tigers made the NCAA Tournament after winning the regular season and tournament Conference USA championships.

11. Election Winners Take Oaths of Office -

The Labor Day weekend served as a political marker for past and future events in Memphis politics.

The four Shelby County general election winners from the Aug. 2 vote are officially in office as the weekend ends and the workweek begins.

12. CRE Lending Sees Slight Improvement -

The commercial lending landscape in the Memphis area continues to grind its way through an extended period of gradual improvement that began roughly two years ago after a dismal 2009.

“Loans for A- and B-class commercial properties are back. The owners have plenty of choices now,” said Frank Stallworth, president of Magna Bank’s commercial and multifamily division. “There’s no question that values have declined compared to 2007, but for the most part those values have stabilized. 2011 was better than 2010, 2012 is shaping up better than last year, and we expect 2013 to better than 2012 as it relates to occupancies as well as stabilizing and possibly increasing rents in the various sectors of commercial real estate.”

13. Events -

The Society for Human Resource Management-Memphis’ Ethics Council will hold its second-quarter meeting Tuesday, April 24, from 11:30 a.m. to 1 p.m. at International Paper’s Treetops Café, 6400 Poplar Ave., Tower 3, room 100. The topic is “Ethics Code: Do You Really Need One? Does Your Business Have One?” Cost is $5. Seating is limited and lunch is Dutch-treat. Email cynthia@hrprosmemphis.com by Monday, April 23, at noon to register.

14. Events -

Muslims in Memphis will hold a health fair and legal seminar Saturday, March 17, at 10 a.m. at Kate Sexton Community Center, 1235 Brown Ave. For more information, call 576-7070.

15. Jackson Leads Way for Tigers’ March Attack -

Ten weeks ago, when University of Memphis point guard Joe Jackson was so distraught over his playing time that he considered transferring, who would have predicted this?

16. Bernanke Shows Fed's Independence With Texas Trip -

WASHINGTON (AP) – A town hall meeting with Ben Bernanke and a group of military families discussing family finances wouldn't normally draw much notice.

But for this particular event, the Federal Reserve chairman is venturing into Texas. And those who watch the Fed say the visit sends a message to Bernanke's critics: The Fed is independent and won't be intimidated.

17. In Midwest, Obama Seeks Ideas for Jolting Economy -

PEOSTA, Iowa (AP) – Seeking some help from rural America, President Barack Obama on Tuesday implored Iowans to share ideas with him about how leaders can give an economic jolt to the nation's heartland. He promised better days in a time of relentless joblessness, saying, "We'll get through this moment of challenge."

18. Orchards of Collierville Sells for $15.7M -

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

19. Orchards of Collierville Sells for $15.7M -

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

20. Lending Slows to a Crawl -

According to commercial lending figures over the past two years, things are not going very well in the industry.

For the 12-month period from November 2009 to October 2010, Shelby County banks made 228 commercial mortgages, a 21 percent decline from 288 for the previous period, according to real estate information company Chandler Reports, www.chandlerreports.com.

21. Make Lunch an ‘Extraordinary Experience’ -

Last week we explored ways you can work with your favorite restaurant or retailer to put together a special promotion that creates a win-win with the nonprofit you support. Today we are going to look at how you can turn a normal business lunch, workshop, seminar, social mixer, or even family get-together into an experience that is memorable and gives back.

22. Cut Tuition Could Make Way Back to City Budget -

Memphis City Council members will consider restoring a tuition reimbursement program cut from the city budget this past July when it meets Tuesday.

The resolution on Tuesday’s council agenda would restore $902,211 in funding, which was the level the city funded the program at in the current fiscal year.

23. Lending Landscape Remains Bleak -

Commercial and residential construction lenders continue to see slow activity from developers, making it unlikely much dirt will get pushed on new projects in the next several months.

“We are seeing softness in the commercial market in almost all sectors,” said Rick Hall, executive vice president at Renasant Bank. “Not many projects have been presented, and demand is low for new loans.”

24. Wharton Slams General Services in Report Release -

Memphis Mayor A C Wharton Jr. said the first visible changes in a revamped city General Services division will be new faces.

Wharton commented Thursday afternoon as he released a preliminary report on the division by former city Chief Administrative Officer Rick Masson.

25. Events -

The Memphis/Mid-South Chapter of the Federal Bar Association will present the seminar “Appeals A to Z” Thursday from 1:15 p.m. to 4:30 p.m. at the Clifford Davis and Odell Horton Federal Building, 167 N. Main St., 11th floor, jury assembly room.

26. ‘Holy Grail’ of Recording Uncovered -

A 52-year-old tape recorder described by some as the Holy Grail of the music industry has been discovered in the storage room of the owner of a used bus dealership in Marion, Ark.

But this isn’t just any bus dealership owner. Bob Tucker, owner of Bob Tucker Motors on Interstate 55, is a music industry veteran and one-time leader of the Memphis band that toured with the Beatles in 1964.

27. Fleet Services Rife With Improprieties -

Two days after his administration brought in a lease agreement with Bass Pro Shops for The Pyramid, Memphis Mayor A C Wharton Jr. went public with a City Hall scandal.

The scandal has been simmering since January when Wharton dismissed General Services Director Estrice Boone, who was one of the first two division directors under former Mayor Willie Herenton let go by Wharton.

28. Wharton Orders 90 Day Reform of General Services Division -

After a critical audit of the city’s fleet services bureau, Memphis Mayor A C Wharton Jr. has ordered a report on the entire city division it is part of to include recommendations for new policies within the next three months.

29. Wharton Orders 90 Day Reform of General Services Division -

After a critical audit of the city’s fleet services bureau, Memphis Mayor A C Wharton Jr. has ordered a report on the entire city division it is part of to include recommendations for new policies within the next three months.

30. MED Leadership Team Takes Shape -

Dr. Reginald Coopwood is close to having his top leadership team in place three months after taking the helm at The Regional Medical Center at Memphis as chief executive officer.

31. Council Prep For Potential Budget Finale -

Memphis City Council members take final votes Tuesday on a set of resolutions and ordinances that will end the budget season.

The meeting at City Hall, 125 N. Main St., begins at 3:30 p.m. An agenda is on Page 10.

32. Big Pay for CEOs Turning Consultants -

NEW YORK (AP) – Tough job market? Not for corporate honchos who snag cushy consulting deals at their former companies for $3,000 an hour.

That’s what General Motors is paying Fritz Henderson – the same guy the struggling automaker ousted three months ago because he wasn’t doing a good enough job turning around GM.

33. Green Movement Keeps Allen & Hoshall Busy -

Energy audits are nothing new for Allen & Hoshall, the locally owned engineering firm whose roots date back almost 100 years.

As early as the 1970s, the Memphis-based company worked with the Tennessee Valley Authority on energy-related projects, and by the mid-1980s it was consulting U.S. Embassies around the world about their energy usage, helping them find ways to shrink their carbon footprints.

34. Deadline Nears for Medicare Policy Input -

As the debate about health care reform rages on with emotional town hall meetings hosted by members of Congress, another public comment process is about to end with sooner ramifications for doctors, hospitals and patients.

35. Finch Appointed to Dean Position At UofM School of Nursing -

Dr. Linda Finch has been appointed associate dean and director of undergraduate programs for the Loewenberg School of Nursing at the University of Memphis. Finch was previously an associate professor on the nursing faculty. She has been named an American Nurses Foundation Scholar by the American Nurses Association and is an active member of Sigma Theta Tau International, the honor society for nursing. She also has served on the editorial board of “The Tennessee Nurse.”

36. Highland Hip -

The Highland strip is growing a skyline. The Stratum on Highland Street, a five-story apartment complex, was the first new structure west of the University of Memphis to sprout last August on the storied commercial strip itself.

37. Commercial Sales: Nowhere to Go But Up -

Shelby County’s commercial lending landscape remained bleak in April as activity fell for the fifth time in the past six months.

Just 24 commercial loans were made last month, a 36.8 percent decline from 38 loans in April 2008 and a 22.6 percent decline from 31 loans in March, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. (Data for this report include only commercial mortgages taken at the time of sale and not refinancings.)

38. JIFF to Unveil Renovated Center -

With a splat of paint on his nose, the Rev. Rick Carr swiped a stripe of color along the gymnasium wall of the newly renovated JIFF Center this week.

39. Events -

The Greater Memphis Paralegal Alliance Seminars will present “Ethics in the Paralegal Profession” with Olivia Roleson today from 11:30 a.m. to 1 p.m. at the University Club of Memphis, 1346 Central Ave. The seminar offers one hour of general paralegal continuing legal education credit and the fee is $17 for members and $25 for nonmembers. For reservations, e-mail gmpa.membership@gmail.com.

40. Commercial Mortgages Down 41 Percent From ‘07 -

Tom Portis was surprised to hear that BancorpSouth Bank ranked as the top commercial mortgage lender in Shelby County for October, especially in light of its competition in this market.

41. Founders of Grand Events Sell Company’s Warehouse -

3347 Pearson Road
Memphis, TN 38118
Sale Amount: $2.5 Million

Sale Date: June 13, 2008
Buyer: Schwarz Properties LLC
Seller: Hoyt Mark White and John Stanley White
Loan Amount: $2.1 million
Loan Date: June 12, 2008
Maturity Date: N/A
Lender: BankTennessee
Details: Asheboro, N.C.-based Schwarz Properties LLC has bought the 130,925-square-foot warehouse that houses Grand Events and Party Rentals, which now will lease the space.

42. Oak Hall Renovation Begins Monday - After lengthy financing delays from a shaky real estate market, the group planning to renovate the old Oak Hall building at 555 S. Perkins Road Extended is finally ready to move forward.

Glen Bascom Jr., Glen Bascom Sr. and Chris Montesi – the trio who comprise the entity 555 Perkins LLC – have secured a $5.2 million construction loan with U.S. Bank NA to overhaul the 54,265-square-foot office building just south of the intersection at Poplar Avenue and Perkins Road Extended.

The renovation financing was orchestrated by Rick Wood, senior vice president for Financial Federal Savings Bank.

Construction on the 1966 property begins Monday, more than four months after the initial building permit was filed, although the partners’ interest in the property goes back much further. The group bought the ground lease of the building for $1.2 million from LaSalle Bank NA in December 2006, and Bascom Sr. had owned the land since the late 1980s.

Bascom Jr. has been champing at the bit to get the project under way, but he understood the hesitance of lenders, in these tight credit times, to front money for a building that’s only 15 percent preleased.

“I think a lot of big players are like that,” Bascom Jr. said. “Nobody wants to finance a spec building – either an apartment building, condo building or office building. They want to have tenants in place, and that was the hard part with us – we want to build it first and then get tenants.”

Looking for warm bodies

Getting tenants is the company’s goal over the next six months during redevelopment of the building, which will be renamed First Capital Center after the anchor tenant.

Germantown-based First Capital Bank will occupy 6,000 square feet on the ground floor with a branch that includes a drive-thru. The bank joins two existing tenants that are remaining in the four-story building, leaving about 45,000 square feet available for lease.

That task is being handled by Joe Steffner, president of the Memphis office of Grubb & Ellis Co. Steffner said he believes the renovated space of a well-known building along Poplar will make it a desirable locale for office users.

“When you compare the price with the amenities and the brand-new space in the building, it will be a relatively easy sell,” he said. “The Poplar corridor is where everyone has wanted to be. Over the past 15 years the market has grown and people have gone to the 385 corridor as kind of the second choice. Over the past several years, the tenants that either couldn’t find space on Poplar or didn’t want to be on Poplar for whatever reason have tended to come back to Poplar.”

Bascom Jr. agreed that the location along the high-density Poplar Avenue corridor should keep the First Capital Center insulated from what has been a generally soft market.

“Of all the deals that we have out there now, it’s a no-brainer,” Bascom Jr. said. “This one’s going to be successful. It’s a lot of money and time involved over the year or two, but it’s the one I feel most comfortable with of all the projects we’ve got going on.”

New and improved

Renaissance Group is architect and Montgomery Martin Contractors LLC is contractor for the project. Chris Ybos of Montgomery Martin said the expected completion date is about six months away.

Once the building is finished by the end of the year, it won’t look anything like the structure that formerly housed an Oak Hall clothing store. Upgrades include new HVAC, new roof, new shell, new windows, plus plenty of parking for tenants.

Steffner said pricing will be lower than other office space nearby because it’s an older building, but it will recapture the feel of a new product.

“It’s hard to take an older building and make it Class A, and yet they’re doing everything possible to make it A,” Steffner said. “It’s hard to argue with the amenities in the building, plus the bank on site. We think it will be an A-minus building with B prices. That will make it competitive.

“It’s exciting because it’s like having a brand-new building to lease on a speculative basis at below-market rates. We’ve never had an opportunity like this before. It will have a new name, but it’s a location everyone knows.”

...

43. Beale Street Funding, Other Issues Raised At Council Meeting -

Memphis City Council members this week marked the 24th anniversary of the opening of the renovated Beale Street entertainment district with an old question: When does the city get money from the district it owns?

44. Events -

The Hospitality Sales and Marketing Association International Mid-South meeting will be held today at 11:30 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Rick Zurburg will present "Tips and Tricks for Handling, Storing and Working with E-Mail." Cost is $20 for members and $35 for nonmembers. Call 508-0527 or e-mail HSMAIMemphis@comcast.net to RSVP.

45. MLGW-Bound: Surely You Jest -

Just when you think local politics can't get any more absurd, outrageous, lurid or bizarre, it does - in spades, leaps, bounds and new lower-than-lows.

Earlier this week, Memphis Light, Gas & Water CEO Joseph Lee - he of the FBI/City Council/media malfeasance investigation, he of the alleged favoritism toward VIP utility customers, he of the as-yet rejected resignation letter - launched an MLGW educational initiative that dovetails with Memphis City Schools Supt. Carol Johnson's recent "Every Child. Every Day. College Bound." campaign.

46. Changing the Rules -

In his book "Suburban Nation: The Rise of Sprawl and the Decline of the American Dream," Andres Duany describes how even a lightly populated suburban hamlet can generate the traffic-clogged roadways and gridlock of the inner city.

47. Annexation Move Creeps Ahead Despite Residents' Concerns -

"My shoot-from-the-hip idea is that now is a terrible time for Memphis to be taking another bite of the apple."

Those are the words of Rick Winchester, the Memphis attorney representing homeowners in southeast Shelby County as well as in Bridgewater, a 2.7-square-mile community of about 8,000 people, who are opposed to a flurry of planned city annexations.

48. Newberry Takes Helm of MLGW's Credit Union -

Ken Newberry has been named the president and chief executive officer of LG&W Federal Credit Union, which serves immediate family members, employees and retired employees of Memphis Light, Gas & Water Division. Newberry is the second vice president of the Memphis chapter of the Tennessee Credit Union League and treasurer of the West Tennessee Affiliate of the National Kidney Foundation.

49. Big Fat Greek Festival is on at Orthodox Church Friday and Saturday -

May 9

The Small Business Chamber holds a free Cellular South Workshop called "Identifying and Retaining Top Performers" from 5:30 p.m. to 7:30 p.m. in the boardroom of Agricenter International, 7777 Walnut Grove Road. Call 259-1093 or visit www.smallbusinesschamber.com for more information.

50. Events -

The Memphis Area Association of Realtors presents "GRI 1: Professionalism in Real Estate" Monday and Tuesday from 8:30 a.m. to 5:30 p.m. at MAAR, 6393 Poplar Ave. The course will cover ethical and legal standards in today's real estate industry. Cost is $195 for members and $225 for non-members. Visit www.tarnet.com to register.

51. Local Businessman to Head State Insurance Group -

Brad V. Smith, president of Cecil Smith Insurance Agency in Germantown, was elected president of Insurors of Tennessee. Smith has served on the association's board of directors and executive committee for 12 years. He won the group's Chairman of the Year award in 2004 and Insuror of the Year award in 1992.

52. Private Schools Step Up Expansion Efforts -

Memphis-area private schools have been experiencing a period of rapid growth. St. Benedict at Auburndale High School, for example, completed a 184,000-square-foot campus last year in Cordova. That move followed the opening in recent years of Briarcrest Christian School's new campus just north of Collierville.

53. Archived Article: This Week - SBA Presents Community Express Loan Workshops

SBA Offers Community Express Loan Workshops

June 27

The U.S. Small Business Administration and Service Corps of Retired Executives, or SCORE, present Community Express Loan Workshops at 10:30 a....

54. Archived Article: Events - Shelby County Mayor A C Wharton hosts a town hall meeting from 6 p

Shelby County Mayor A C Wharton Jr. hosts a town hall meeting from 6 p.m. to 7 p.m. today at Bethlehem Baptist Church, 8801 Bethuel Road. Contact Kevin Gallagher at 545-4588. The ...

55. Archived Article: This Week - GIS Conference Held at University of Memphis

University of Memphis Hosts GIS Conference

Nov. 15

The Memphis Regional Chamber presents the 2004 GIS Day Conference from 7:30 a.m. to 4:30 p.m. at Holiday Inn-University of Memphis, 3700 Central...

56. Archived Article: Events - The Memphis Bar Association presents Case and Proceeding Venue Under the Bankruptcy Code and Rules from noon to 1 p

The Public Issues Forum presents Balancing Civil Rights and Religious Freedom at 3 p.m. Sunday at the Central Library, 3030 Poplar...

57. Archived Article: Events - The Service Corps of Retired Executives hosts How to Successfully Manage a Small Business from 7:45 a

The Service Corps of Retired Executives hosts How to Successfully Manage a Small Business from 7:45 a.m. to 4:30 p.m. today at the Racquet Club ...

58. Archived Article: Events - The Society of Entrepreneurs hosts Five Family Companies, Five Different Strategies for the Continuation of the Business fro

The Society of Entrepreneurs hosts Five Family Companies, Five Different Strategies for the Continuation of the Business ...

59. Archived Article: Memos - Memphis memos 01-15-03

Edward L. Ted Nerren III joined Bean & Ison as a consultant. Prior to that, he served Robert Halfs Management Resources Division as an account executive and as a project consultant for APL Logistics. Nerren earned a mas...

60. Archived Article: Mlc (lead) - By RICK RUSSELL

Central Gardens

guidelines head

to commission vote

By RICK RUSSELL

The Daily News

A number of projects centered in the South Main Historic District, revisions to design guidelines in Central Gardens and consideratio...

61. Archived Article: Comm Focus - By JENNIFER MURLEY Sunday is more than day of football for local charity By JENNIFER MURLEY The Daily News While many Memphians are busy preparing for the upcoming Super Bowl Sunday, the local Jewish community is getting ready for a Super Sunday of ...

62. Archived Article: Lucb (lead) - By JENNIFER MURLEY Land board considers proposal for smaller houses in Southwind By JENNIFER MURLEY The Daily News A proposal to develop the last residential parcel of the upscale Southwind Planned Development, which is scheduled on todays Land Use ...

63. Archived Article: Standout (jones) - Dottie Jones For the people, by the people By MARY DANDO The Daily News As a native Memphian, Dottie Jones has a true pedigree. A member of the Snowden family, a graduate of Central High School and holding a MBA from the University of Memphis, she i...

64. Archived Article: Real Briefs - Mid-America Apartment Communities Inc Mid-America Apartment Communities Inc. announced it will merge with Flournoy Development Co., a Columbus, Ga.-based developer, builder, owner and manager of apartment communities in a transaction valued at about...

65. Archived Article: Memos - 04-03 memos Enterprise National Bank announced several promotions: Deborah Gifford was promoted to a vice president at Enterprise. Gifford has been employed by company since its inception in 1990 and manages the retail banking division. Judy Magri w...

66. Archived Article: Memos - 11/15 Memos Hank Martin has joined The Saig Co. as a sales associate specializing in the leasing and marketing of commercial and investment properties. Ward Archer Jr., president and chief executive officer of Archer/Malmo Inc., has been named 1995 ...