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VOL. 132 | NO. 219 | Friday, November 3, 2017

Faropoint Acquires Office Portfolio for $19.3M

Fresh off of the sale of the Trustmark Centre, Faropoint Ventures has acquired two more substantial office assets.

TraVure Developer Unveils East Memphis Project

With two highly-anticipated developments already in the works, Gill Properties has announced plans for a new mixed-use development East Memphis.

Patton & Taylor Planning Gated Community Near Highland Row

Between the success of Highland Row, the revitalization of the Highland Strip, and the University of Memphis’ own plans to build a land bridge across the Southern Avenue railroad tracks, the demand for real estate in the area surrounding the U of M is soaring.

City Judges Timing and Steps in Fairgrounds Planning

City of Memphis leaders likely will reveal a few new details when they present the draft plan for Mid-South Fairgrounds redevelopment at a Monday, Nov. 6, town hall meeting. But Mayor Jim Strickland’s administration took much of the suspense and speculation out of next week’s session Wednesday, Nov. 1, releasing details that show the administration’s general belief that a few steps still need to be taken before the city gets to a broad reconfiguration of the Fairgrounds.

Harris Cites Effects of ‘Trump Approach’ on County Races

Three weeks into his run for Shelby County mayor on the 2018 ballot, state Sen. Lee Harris told a group of 30 supporters in Victorian Village Wednesday, Nov. 1, that he is running as a response to the “Trump approach.”

Local Weather
Currently
Memphis, TN
34.0°F
Fair
Wind: Northeast at 5.8 mph
Humidity: 73%

EVENTS

Beale Street Caravan and Fourth Bluff kick off their Album Sessions lunchtime listening parties with Don Bryant and the Bo-Keys’ “Don’t Give Up on Love” Friday, Nov. 3, on the promenade behind the Cossitt Library. All listening sessions will start at 12:15 p.m. and are free and open to all ages. Silent disco headphones will be provided; headphones reservations are recommended. Attendees are welcome to bring their own lunches. Visit thefourthbluff.com for a fall programming lineup.

more events »

Biopsy Breakthrough

St. Jude researchers develop non-invasive alternative to liver biopsies

Patients at St. Jude Children’s Research Hospital no longer have to experience painful needle liver biopsies thanks to a new procedure developed by the hospital’s researchers with the help of a former University of Memphis student.

Last Word: Changes Behind Highland Row, Lee Harris Opens and Ron Olson Moves

Shelby County Commission chairwoman Heidi Shafer says the commission, through its attorneys, is in ‘the final stages of launching litigation” against big pharma over the opioid problem locally. And in a written statement Thursday she said she believes the litigation “will result in significant recovery for hundreds of millions of dollars that Shelby County has spent trying to heal, save, nurse and otherwise deal with the opioid crisis.” Shafer specifically announced the hiring on a contingency basis of a national law firm.

November Events Highlight Pancreatic Cancer Awareness

Memphis is going purple in November – the color for pancreatic cancer awareness – as the city hosts a series of events spearheaded by the Kosten Foundation to bring attention to one of the deadliest and hard-to-diagnose cancers.

SPORTS

After Hot Start, Grizzlies Show Cracks In Foundation

As calculated decisions go, it seemed like a good one. Probably, it was a smart decision despite the unhappy result.

Jones’ Teams Have Never Regressed, Until Now

Looks like Butch Jones has survived another week to coach Tennessee’s football team.

Real Titans Had Better Stand Up, Stay Up

Back in the day, where was a TV game show called “To Tell the Truth.” On this game show, there was one person who had forged a unique accomplishment and two imposters also claiming to be this person. At the end of the show, the panel would vote, and then the real person of accomplishment would reveal themselves by standing up.

THE PRESS BOX

Anthony Miller: A Great Catch for Memphis

Navy coach Ken Niumatalolo watched Anthony Miller catch 10 passes for 90 yards and two touchdowns this year.

MARTHA KELLY'S MEMPHIS

History Docks at Beale Landing

Replicas of the Nina and Pinta, two of the three ships that Christopher Columbus and his crew sailed from Europe when they discovered America (The Bahamas) in 1492, docked at Beale Street Landing this month. The ships, which are owned by the Columbus Foundation, were sketched by Memphis artist Martha Kelly, who provides an artist’s glimpse of life in the Bluff City every month for The Daily News. 

LOCAL COLUMNISTS

Estate Planning for Blended Families

Ray’s Take: Estate planning has undergone a lot of changes over the years, and one of the most significant doesn’t have anything to do with the tax laws. It is the change in family relationships. Chances are, you or someone you know is part of a blended family. This was once an uncommon situation, but in today’s world fully 42 percent of adults have some kind of step-relationship, according to Pew Research.

We Must Talk

A necessary conversation. Tom (R) and I (D) had an email conversation recently. Remember when conversation between those who differ was possible?

STATEWIDE

Tennessee Democrats Vote to Support Medical Marijuana

NASHVILLE, Tenn. (AP) – Tennessee Democrats have voted to support resolutions calling for the legalization of medical marijuana, wider health care coverage and a $15 minimum wage.

Judge Denies Pilot Request for Fraud Trial Transcripts

CHATTANOOGA, Tenn. (AP) – The federal judge presiding over the fraud trial of four former executives at the truck stop chain controlled by the family of Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam has denied a company attorney's request for real-time transcripts of court proceedings.

Idled Chemical Plant Keeps Workers on Board After Explosion

CHARLESTON, Tenn. (AP) – A chemical plant in Tennessee that will likely stay idle until next year has maintained its staff of almost 700 workers as it recovers from an explosion there in September.

NATIONAL GOVERNMENT

Trump Nominates Jerome Powell to be Next Fed Chairman

WASHINGTON (AP) – President Donald Trump on Thursday announced his choice of Federal Reserve board member Jerome Powell to be the next chairman of the nation's central bank, succeeding Janet Yellen, the first woman to hold the position.

GOP Senators Say Fate of 'Dreamers' Must Wait for Next Year

WASHINGTON (AP) – President Donald Trump and Republican senators agreed Thursday not to deal with a needed fix for young immigrants in must-pass year-end spending legislation, according to some GOP lawmakers.

NATIONAL BUSINESS

Gannett Beats Q3 Profit Expectations, Misses on Revenue

MCLEAN, Va. (AP) Gannett Co., Inc. (GCI) on Thursday reported third-quarter net income of $23 million, after reporting a loss in the same period a year earlier.

Google and Autonation Partner on Self-Driving Car Program

FORT LAUDERDALE, Fla. (AP) – Google is partnering with AutoNation, the country's largest auto dealership chain, in its push to produce self-driving cars for wide use.

Under Pressure, Social Media Giants Acknowledge Meddling

WASHINGTON (AP) – In three exhaustive hearings this week, executives from Facebook, Twitter and Google acknowledged that their platforms were used by Russia to try and create division over such disparate issues as immigration, gun control and politics. House investigators released a trove of Facebook and Twitter ads that showed just how extraordinary the cyber intrusion was.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 78 307 21,073
MORTGAGES 82 330 24,691
FORECLOSURE NOTICES 66 93 8,703
BUILDING PERMITS 0 837 43,174
BANKRUPTCIES 63 240 14,142
BUSINESS LICENSES 17 75 6,476
UTILITY CONNECTIONS 25 139 13,650
MARRIAGE LICENSES 10 77 5,146

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