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VOL. 122 | NO. 195 | Monday, October 15, 2007

Law of Nature

Surge in bankruptcy filings casts doubt on '05 protection act

Hammered by falling occupancy rates and meager rental revenue, two Memphis apartment properties found themselves falling hopelessly behind on their debt payments.

Local Women's Salaries Still Lag Behind Men's

It can be difficult to gainsay the fact that higher education often leads to greater earning potential.

Century Wealth Management Changes Tune in Rebranding

Seven years ago, Jay Healy changed careers the way talented musicians change tempo mid-song - seamlessly, fluidly, effortlessly. Like a virtuoso, he simply found a new beat and continued playing.

Democrats Compromise On Increase In Portfolio Caps

WASHINGTON (AP) - Congressional Democrats have reached a compromise on allowing two government-sponsored mortgage companies to increase their debt holdings in an effort to help financially struggling homeowners.

Pennsylvania Company Buys Local Apartments For Almost $50M

Philadelphia-based Madison Apartment Group LP, the multifamily arm of private equity real estate firm BPG Properties Ltd., has bought Watergrove Townhomes for $46 million, the Pennsylvania company reported Friday.

Bush to Visit Memphis

President George W. Bush will make a stop in Memphis Monday to attend a fundraising reception for the re-election bid of U.S. Sen. Lamar Alexander, R-TN, the White House announced on Friday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 145 2,480
MORTGAGES 65 148 3,042
FORECLOSURE NOTICES 16 24 501
BUILDING PERMITS 213 310 5,313
BANKRUPTCIES 43 87 1,866
BUSINESS LICENSES 14 40 936
UTILITY CONNECTIONS 23 52 1,064
MARRIAGE LICENSES 8 21 364

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The Memphis News: Business, politics, and the public interest.