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Editorial Results (free)

1. Southwind Homewood Suites Sells for $6.5 Million -

3583 Hacks Cross Road Memphis, TN 38125

Sale Amount: $6.5 million

Sale Date: Nov. 2, 2012

2. Utah Company Buys Avery Park Apartments -

An affiliate of Salt Lake City-based Property Asset Management Inc. has paid $5.2 million for the Avery Park Apartments at 4865 Raleigh LaGrange Road in Raleigh.

3. More Apartment Communities Go to Outsiders -

If you're an investor looking to spend some cash in the multifamily market, chances are the grass looks greener on the other side of the fence - maybe several states away.

That's been proven recently in Memphis, where several apartment properties have been snapped up quietly by out-of-town investment companies.