VOL. 123 | NO. 34 | Tuesday, February 19, 2008
Two Memphis apartment properties originally developed with low-income renters in mind - and whose cash-strapped owners filed for bankruptcy protection last year - appear likely to be snapped up soon by a private equity fund for $16 million.
A host of experts will discuss the bigger picture of the U.S. and global economies as well as local real estate matters at this week's Commercial Property Forecast summit, hosted by the Memphis Area Association of Realtors' Commercial Council.
675 National St.
It might have been one of the more unique statements ever made during a sentencing hearing in Memphis federal court.
NEW YORK (AP) - Gerald L. Baker, president and chief executive of First Horizon National Corp., received compensation valued at about $3 million in fiscal 2007, according to a regulatory filing Friday.
BOSTON (AP) - Regulators are trying to punish Wall Street for mortgage finance practices that expanded home ownership and spread risk among a host of new players - but also may have duped borrowers and investors who supplied cash to fuel a housing boom that's turned bust.
The city of Memphis approached Bass Pro Shops in 2005 about developing a store and other attractions in The Pyramid. That was one of the disclosures made today by Robert Lipscomb, the Herenton administration’s point man on the Pyramid development plan.
Shelby County Mayor AC Wharton Jr. is exploring the idea of a state law that would make it a crime for parents to neglect their children’s education. Wharton floated the idea during his State of the County speech today at the Memphis Rotary Club.