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1. Corner Park Complex Sells for $558K in Foreclosure
- Tuesday, November 2, 2010
4150 Winchester Road
Memphis, TN 38118
Sale Amount: $558,000
Sale Date: Oct. 26, 2010
Buyer: City National Bank
Seller: City National Bank via Stewart Title of Memphis Inc.
Original Borrower: Alterra Corners LLC
Original Lender: City National Bank
Original Loan: $3.6 million
Original Loan Date: February 2007
2. Corner Park Apartments Sells in Foreclosure Sale
- Friday, October 29, 2010
City National Bank has bought back the Corner Park apartment complex at 4150 Winchester Road from substitute trustee Stewart Title of Memphis Inc. for $558,000.
3. Alterra Capital GroupCompletes Renovations
- Monday, January 14, 2008
Miami-based Alterra Capital Group has completed its $4.7 million rehabilitation at three multifamily communities in Memphis: Corner Park, Winbranch Apartments and Parkview Apartments, the company said late last week.
4. Miami-Based Group Invests More in Memphis
- Tuesday, May 22, 2007
Geographically and culturally, South Beach is a long way from Beale Street, but that hasn't stopped a group of Miami investors from plunging into the Memphis multifamily market.
Miami-based Alterra Capital Group - whose principals are Matt Papunen, Adam Singer and Matthew Wanderer - recently bought a fourth apartment complex in Memphis, beefing up its local portfolio to $41 million.
5. Florida Company Moves in on Rental Market via Distressed Properties
- Tuesday, December 5, 2006
If Eleanor Perry knew exactly what was in store for her when she moved into the Oakview Apartments at Lamar and Kimball avenues in mid-September, she might have looked elsewhere.
"This is the worst place I have ever lived in my life," she said.