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Editorial Results (free)

1. The Peabody Launches Diabetes Prevention Program -

Chances are if you live in Memphis, you know someone with diabetes or pre-diabetes.

More than one third of Memphians have pre-diabetes and one in 10 is living with full-blown diabetes.

The disease costs Tennessee an estimated $5.1 billion annually, including $3.62 billion in medical expenses and $1.48 billion in reduced productivity and premature mortality, according to a city of Memphis proclamation on diabetes prevention issued by Memphis Mayor A C Wharton Jr.

2. Humane Soc. Names Walker Development, Marketing Mgr. -

Leah Walker has joined the Humane Society of Memphis & Shelby County as development and marketing manager. Walker represented her home state as Miss Georgia in 2008 before joining the Greater Memphis Chamber as a development consultant.

3. New York Company Buys 158-Unit Greenview Estates in Raleigh -

4650 Hedges Drive
Memphis, TN 38128
Sale Amount: $3 Million

Sale Date: Dec. 17, 2009
Buyer: Greenview Estates LLC
Seller: Greenview Townhomes LLC
Loan Amount: $2.1 million
Loan Date: Dec. 17, 2009
Maturity Date: N/A
Lender: Bloomfield Institutional Opportunity Fund LLC

4. Renal Co. Completes Second Sale-Leaseback -

RAI II LLC, a local affiliate of Nashville-based Renal Advantage Inc., has sold its renal clinic at 1333-1341 Poplar Ave. in Midtown for $2.6 million to IPX Development 124 LLC, a company related to the St. Louis-based 1031 tax-deferred exchange qualified intermediary IPX Exchange Services Inc. The deal closed Dec. 30.

5. Renal Company Sells Clinic, Leases It Back From New Owner -

4185 Pace Road
Memphis, TN 38116
Sale Amount: $2 Million

Sale Date: Dec. 17, 2009
Buyer: BanBan South Memphis LLC
Seller: RAI II LLC
Loan Amount: $1.5 million
Loan Date: Dec. 15, 2009
Maturity Date: March 7, 2011
Lender: First Security Bank

6. Whitehaven Clinic Sold, Leased Back by Renal Co. -

RAI II LLC, a local affiliate of Nashville-based Renal Advantage Inc., has sold its recently completed renal clinic at 4185 Pace Road in Whitehaven for $1.5 million to a St. Louis company called BanBan South Memphis LLC. The sale closed Dec. 17.

7. Newly Merged Renal Firm To Improve Poplar Ave. Building -

1333-1341 Poplar Ave.
Memphis, TN 38104
Permit Amount: $1.2 Million

Project Cost: $1.2 million
Permit Date: Applied December 2008
Completion: TBA
Owner: National Renal Alliance LLC
Tenant: National Renal Alliance LLC
Contractor: N/A
Architect: N/A

8. Chicago Firm Buys Another Memphis Warehouse -

4219 Air Trans Road
Memphis, TN 38118
Sale Amount: $8.4 Million

Sale Date: Nov. 5, 2008
Buyer: Memphis Air Trans LP
Seller: TC Air-T Industrial LLC
Loan Amount: $6.7 million
Loan Date: Nov. 5, 2008
Maturity Date: N/A
Lender: Union Bank of California NA

9. Renal Alliance Makes Second Memphis Purchase -

Franklin, Tenn.-based National Renal Alliance LLC has bought a vacant lot at 1200 Marlin Road in Whitehaven and filed a $1.3 million loan with First State Bank for the property. National Renal Alliance, which provides nephrology and dialysis services, bought the property in a special warranty deed for $200,000 from Marlin Lacey Mosby via Regions Bank.