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VOL. 127 | NO. 113 | Monday, June 11, 2012

Forum Gives Sober Economic Outlook

Attendees of The Daily News’ recent “Money and Markets” seminar got a clear-eyed, sober assessment of what’s happening on the local, national and international level from an economic perspective.

SPECIAL EMPHASIS: Office, Industrial and Retail Real Estate

Tax Factor

Incentives often difference between closing or losing industrial real estate deal

A few months ago, Memphis Mayor A C Wharton Jr. was recounting to an audience of businessmen a recent breakfast he’d had with a site location agent.

Dodd-Frank Could Have ‘Dire Impact’ On Economy

As banks nationwide are feeling the pressure of regulatory change like the Dodd-Frank Wall Street Reform and Consumer Protection Act, commercial real estate lending standards by community banks will likely remain stringent for the foreseeable future.

Singer Continues Path Down Real Estate Journey

Mary Singer started her commercial real estate career out of necessity, managing and leasing multifamily units.

Local Weather
Currently
Memphis, TN
73.0°F
Mostly Cloudy
Wind: South at 6.9 mph
Humidity: 94%

EVENTS

Operation Feed, the annual workplace food drive to benefit Mid-South Food Bank, continues through June 29. Register at midsouthfoodbank.org or contact David Stephens at dstephens@midsouthfoodbank.org or 497-1153.

more events »

Commission Tries Again at Redistricting

Shelby County Commissioners will see if they have all 13 commissioners present before they see if there are nine votes to pass a redistricting plan.

Board Considers Future Leadership

Countywide school board members will at least talk Monday, June 11, about the employment contract of Memphis City Schools superintendent Dr. Kriner Cash.

CCRFC to Consider Chisca PILOT

A group of local investors spearheading the restoration of the Chisca Hotel will go before the Memphis Center City Revenue Finance Corp. Tuesday, June 12, seeking a pair of incentives as part of the $19.6 million project.

UTHSC Breaks Ground On Research Building

The University of Tennessee Health Science Center broke ground Friday, June 8, on its $49 million Translational Science Research Building, which will be built on the grassy lot at the northwest corner of Union Avenue and South Manassas Street.

SMALL BUSINESS SPOTLIGHT

Gill Presses on Despite Enduring 4th Recession

Ray Gill, president of Gill Properties, got into commercial real estate because of his interest in land but now wishes he’d spent some time reading palms and tarot cards.

LOCAL COLUMNISTS

The Red Bead Experiment

What can thousands of red and white beads and a paddle teach us about leadership and management? The short answer is that many leaders are not really leaders and many managers do not really manage.

THE MEMPHIS NEWS

AIRfair?

High fares at Memphis International Airport have travelers seeing red

Two frequent-flyer businessmen booked side-by-side seats on Delta Air Lines flights from Minneapolis to St. Louis last month, with one of them getting charged a higher price than the other each time they tried booking it.

City Should Draw Line In the Sand With Delta

It all sounds logical until you see the exorbitant price for your Delta ticket. That’s when the airline’s macroeconomic theories and business models go right out the window.

NATIONAL BUSINESS

Stock Market Posts Best Week of 2012

The stock market is wrapping up its best week of the year.

US Trade Deficit Narrowed to $50.1 Billion

WASHINGTON (AP) – The U.S. trade deficit shrank in April, but only because a big drop in imports offset the first decline in U.S. exports in five months.

To Snag the Best Airfares, Flexibility is Key

NEW YORK (AP) – To snag the best airfares, travelers need to be adventurous and willing to pick up at a moment's notice.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 119 482 10,051
MORTGAGES 119 497 11,811
FORECLOSURE NOTICES 29 82 1,716
BUILDING PERMITS 268 1,056 21,366
BANKRUPTCIES 50 263 6,700
BUSINESS LICENSES 28 151 3,584
UTILITY CONNECTIONS 33 172 4,155
MARRIAGE LICENSES 20 111 2,290

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