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Editorial Results (free)

1. Highwoods Extends Tenants at Southwind Office Center -

Raleigh, N.C.-based Highwoods Properties Inc. has signed two deals at its Southwind Office Center, a 62,000-square foot, three-story building with views of the Tournament Players Club at Southwind golf course.

2. Magnolia Homes to Build New Style in Winstead Farms -

Four Lots In Winstead Farms
Loan Amount: $971,250

Loan Date: Dec. 7, 2010
Maturity Date: Dec. 10, 2011
Borrower: Magnolia Homes Inc.
Lender: Regions Bank NA

3. New Apartment Owner Files Loan on Property -

The new owner of the Hunter’s Ridge Apartments at 3108 New Allen Road in Raleigh has filed a $1.2 million deed of trust, assignment of leases and rents and security agreement through Texas Capital Bank. The loan closed Jan. 7 but wasn’t recorded with the Shelby County Register of Deeds until last week.

4. Hunter’s Ridge Sells For $1.2M After Foreclosure -

The Hunter’s Ridge Apartments at 3108 New Allen Road in Raleigh sold back to the lender following the property’s second foreclosure in three years. Hunters Ridge Property Holder LLC, an entity related to lender USAM I FUND LLC, bought the 141-unit complex for $1.2 million Oct. 30 on the Shelby County Courthouse steps.

5. Chick-fil-A Closes Purchase Of Midtown Church -

1978 Union Ave.
Memphis, TN 38104
Sale Amount: $1.3 Million

Sale Date: July 24, 2008
Buyer: Chick-fil-A Inc.
Seller: Board of Stewardship, Foundation and Benefits of the Cumberland Presbyterian Church, formerly known as Board of Finance of the Cumberland Presbyterian Church

6. Raleigh Apartment Complex Sells for $1.6 Million -

The Hunter’s Ridge Apartments at 3108 New Allen Road in Raleigh has sold for $1.6 million to Decatur, Ga.-based Phineas Group LLC.

The seller was U.S. Bank NA, which acquired the 142-unit complex in 2005 in a substitute trustee’s deed after foreclosing on the property’s previous owner, Divinity Properties LLC. That company had defaulted on a $2.3 million trust deed dated December 2000.