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Editorial Results (free)
1. Dave & Buster’s to Open Cordova Location
- Thursday, January 19, 2017
7930 Germantown Parkway
Memphis, TN 38133
Landlord: Brixmor Property Group
Tenant: Dave & Buster’s
2. Germantown Apartment Complex Sells for $32M
- Monday, January 16, 2017
Whitney Management Corp., a Texas-based apartment management company, recently added to its Memphis portfolio with the purchase of a 252-unit apartment complex in Germantown.
3. Methodist Pays $22.5 Million for Germantown Facility
- Tuesday, December 10, 2013
7945 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $22.5 million
4. Countryside Apartments Owner Files $5 Million Loan
- Thursday, December 5, 2013
The owner of the 152-unit Countryside North Apartments at 6920 Reese Road in Northeast Memphis has filed a $5 million loan on the property.
5. Frayser Apartments Again Bought Out of Foreclosure
- Tuesday, October 8, 2013
An entity called MRC Memphis LLC has paid $1.2 million for the Whitney Manor and Frayser Manor apartment complexes in Frayser, following a foreclosure of the properties.
6. Q3 Multifamily Occupancy, Absorption Rates Improve
- Friday, October 9, 2009
The Memphis multifamily market fared well during the third quarter amid a difficult economy, as occupancy rates and absorption improved, according to the latest data from CB Richard Ellis Memphis.
7. ‘Hoops of Fire’ Squelch Commercial Real Estate Activity
- Wednesday, September 23, 2009
The economy hasn’t extinguished commercial real estate deals, but it certainly has changed the way they get done.
Shane McElveen learned about the tedious process of property acquisition when he looked into buying the High Point Funeral Chapel at 3788 Summer Ave. in the Berclair area. McElveen, who had worked at the chapel as senior vice president, was trying to buy the business from owner G. David Keller.
8. Troubled Frayser Apartment Complexes Land New Owner
- Tuesday, August 18, 2009
3081 St. Charles Drive
and 931 Frayser Blvd.
Memphis, TN 38127
Sale Amount: $2.2 Million
Sale Date: July 22, 2009
Buyer: Group 40 LLC
Seller: Whitney Frayser Manor Memphis LLC
Loan Amount: $1.5 million
Loan Date: July 21, 2009
Maturity Date: July 1, 2012
Lender: Madison Realty Capital LP
9. Foreclosed Apartments Find New Owner
- Tuesday, August 11, 2009
The bank that bought the Whitney Manor and Frayser Manor apartment complexes in Frayser out of foreclosure has sold the properties to a Connecticut-based entity called Group 40 LLC. The $2.2 million sale closed in late July.
10. Multifamily Market Dominated By Foreclosure Sales
- Thursday, May 14, 2009
Apartment complexes can be found throughout Memphis, but lately it seems the center of the multifamily world is on the courthouse steps Downtown.
Foreclosure sales have dominated the industry’s activity in Shelby County of late, with the most lucrative deals occurring as trustees’ deeds after the original owner defaults on a property or as bank sales after the lender reclaims and resells the property.
11. Neuvo Salon Files Permit For New East Memphis Location
- Tuesday, May 12, 2009
5158 Wheelis Drive
Memphis, TN 38117
Permit Amount: $712,367
Project Cost: $712,367
Permit Date: Applied May 2009
Completion: March 2010
Owner: Neuvo Salon
Tenant: Neuvo Salon
Contractor: Construction Solutions LLC
Architect: Thoda and Associates PLLC
12. Frayser Apartments Sold Back to Bank
- Thursday, May 7, 2009
The Whitney Manor and Frayser Manor apartment complexes in Frayser have been sold back to the bank that owned the note on them, Madison Realty Capital LP, for a combined $1.2 million following a foreclosure. Whitney Frayser Manor Memphis LLC, a local entity related to the lender, bought the properties April 6 from successor trustee Charles S. Sanger on the courthouse steps.
13. Frayser Apartments Face Foreclosure Sale
- Friday, March 13, 2009
The owner of the Whitney Manor and Frayser Manor apartment complexes in Frayser has been foreclosed, and both properties will be sold on the courthouse steps April 6, according to a notice on Page 39 of today’s print edition of The Daily News, and also at The Daily News Online, www.memphisdailynews.com.
14. Frayser Apartments SoldTo Connecticut Investor
- Tuesday, March 20, 2007
Two Frayser apartment complexes have sold to a Connecticut investor for $2.6 million.
Whitney Manor Apartments at 1520 Whitney Ave. and Frayser Manor Apartments at 931 Frayser Blvd. were
15. Archived Article: Real Recap
- Tuesday, December 28, 2004
Construction Begins on Tax Credit Property
Cost: $2.2 million
Borrower: Harmony Woods Apartments LP
Lender: PNC Bank NA
Trustee: Community Equity and Title Co.
Property: 4.05 acres near ...