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VOL. 126 | NO. 2 | Tuesday, January 4, 2011

Cleaborn Homes Tops Council’s Agenda

The first Memphis City Council meeting of 2011 features a light agenda.

Eye on Efficiency

Local governments seek to streamline processes

“Faster, higher, stronger,” is the motto linked to the Olympic Games that inspires athletes from around the world.

Eastgate Sells for $31.5 Million

The Eastgate Shopping Center on Park Avenue in East Memphis has sold to a Dallas-based entity for $31.5 million from Belz Enterprises Inc., according to documents filed with the Shelby County Register of Deeds.

Pickler Warns of ‘Consequences’ With MCS Charter Surrender

Shelby County school board chairman David Pickler says the school system will live up to its responsibilities to run what is now the Memphis City Schools system if voters approve an MCS charter surrender.

In-Rel Wraps Up Rebranding Campaign

After more than a year in the making, one commercial real estate firm’s rebranding efforts are now complete as it seeks to zero in on tenant retention.

Local Weather
Currently
Memphis, TN
87.0°F
Partly Cloudy
Wind: Variable at 4.6 mph
Humidity: 46%

EVENTS

The Church Health Center will offer a six-week course in smoking cessation beginning Tuesday at 6 p.m. at the Church Health Center Wellness, 1115 Union Ave. The course is free to members and open to the community for a $60 fee. To register, call Sheila Harrell at 259-4673, Ext. 1606, or visit www.churchhealthcenter.org.

more events »

Early Voting Kicks Off for Vacant District 98 Seat

Here comes the new election year. Early voting opens Tuesday in the special election primaries for state House District 98. Election Day is Jan. 20.

SpyGlass ‘Huge’ Improvement for Stone Removal

Memphis gastroenterologist Dr. Edward Cattau said he recently performed the city’s first electrohydraulic gastroenterology procedure, allowing for the removal of larger stones from the bile duct without an open surgery, making for a significantly shorter patient recovery time.

Virtus Real Estate Buys Self-Storage Facilities

6714 Winchester Pointe Cove and, 314 S. Mt. Pleasant Road, Sale Amount: $2 million; $1.5 million -
Virtus Real Estate, through its limited liability company VSI III Winchester Pointe Self Storage LLC, has bought a mini-storage facility at 6714 Winchester Pointe Cove from G&G Mini-Storage LLC for $2 million. The purchase was financed with a $1.5 million loan through VSI III Lender LLC.

Look Ahead: Macro Themes of 2011

What’s Coming As we close 2010 on a high note here are some of the macro themes that should make headlines in 2011:

GOVERNMENT AGENDA

Memphis City Council Agenda

The Memphis City Council will meet today at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.

REGIONAL

Ark Speaker Says Focus on Issues, Not Partisanship

LITTLE ROCK, Ark. (AP) — Robert Moore acknowledges that he faces a more challenging session than House speakers in recent years as he prepares for this year's legislative session. With Republicans holding their greatest numbers in the majority-Democratic House since Reconstruction, the Democratic lawmaker from Arkansas City said focusing on the basics will be even more important.

Three Candidates Launch Bids for Miss Governor

JACKSON, Miss. (AP) — Republicans Phil Bryant and Dave Dennis and Democrat Bill Luckett have been campaigning for governor for months. On Monday, the first work day of the 2011 election year, they ramped up their efforts.

Miss Legislature Begins 3-Month Session Tuesday

JACKSON, Miss. (AP) — Mississippi lawmakers say their 2011 session will be dominated by writing a state budget and redrawing district lines for the state House and Senate.

Educator Says Ark. School Bus Safety Law is Weak

LITTLE ROCK, Ark. (AP) — A state education official says a new Arkansas school bus safety law needs to be improved if it is to become practical.

NATIONAL BUSINESS

Construction Spending Up for Third Straight Month

WASHINGTON (AP) — Builders began work on more homes and the government boosted its investment in federal construction projects in November, marking a third straight monthly increase in construction activity after a dismal summer.

Stocks Start 2011 With Big Lift

NEW YORK (AP) — Better news on the economy got stocks off to a good start for 2011.

BofA Settles Home Loan Buyback Claims

CHARLOTTE, N.C. (AP) — Bank of America Corp. is settling some buyback claims on bad home loans sold to Fannie Mae and Freddie Mac as it attempts to separate itself further from one of the of the housing downturn's biggest headaches.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 209 209 16,401
MORTGAGES 252 252 18,937
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 393 393 33,519
BANKRUPTCIES 124 124 10,861
BUSINESS LICENSES 57 57 5,255
UTILITY CONNECTIONS 102 102 11,446
MARRIAGE LICENSES 70 70 3,937

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