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Editorial Results (free)

1. Bredesen Seeks Rural Broadband Access Through TVA -

Former Tennessee Gov. Phil Bredesen is calling for congressional action enabling the Tennessee Valley Authority to deliver broadband internet access to rural parts of the state, a plan his opponent, U.S. Rep. Marsha Blackburn, says would be “anti-competitive.”

2. Police HQ No Longer in Running for Second Convention Center Hotel -

The Civic Center Plaza building that is currently Memphis Police Department headquarters is out of the running to be the site of a second convention center hotel.

“That site was contemplated in the beginning. It’s no longer in the running,” Downtown Memphis Commission president Jennifer Oswalt said of 170 N. Main St. on the WKNO/Channel 10 program “Behind The Headlines.”

3. Last Word: Our Un-Signature, City Hall Beat Down and Lamar Avenue -

The first thing most people notice when they realize there is lots of development going on in Memphis but that its quite different than Nashville’s brand of development is that you don’t see nearly as many construction cranes here as you do there. It’s become an un-signature of sorts for what is an ongoing remake of Memphis. We adapt and use for new purposes. We also move institutions around, it turns out.

4. Three Projects Get Green Light from EDGE Board -

The Economic Development Growth Engine for Memphis and Shelby County approved a trio of projects that could create as many as 255 new jobs and retain nearly 300 more during a busy Wednesday, May 16, agenda. 

5. Memphis Fusion -

With more than 40 life science companies operating in the Greater Memphis area and Shelby County ranking second in the U.S. for orthopedic device manufacturing, the Mid-South can stake its claim as one of the top medical device markets in the world.

6. Nashville Developers Planning Massive 71-Acre Project Near Shelby Farms -

Nashville-based Elmington Capital Group has submitted plans to the Office of Planning and Development for a 71-acre senior housing, apartment and single-family development next to Shelby Farms Park.

7. Malco Pulls Additional Building Permit for Downtown Theater -

Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.


45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million

8. Malco Pulls Additional Building Permit for Downtown Theater -

45 E. G.E. Patterson Ave.

Memphis, TN 38103

Permit Amount: $5 million

Project Cost: $55 million

Application Date: July 2017

Owner: Henry Turley Co. and Community Capital

9. Medical District Apartments Sell for $5.2 Million -

A medical district apartment switches hands in a multimillion-dollar deal, a Downtown developer plans an apartment complex near FedExForum, and a California investor buys a local industrial portfolio. Details in this week’s Real Estate Recap...

10. Downtown Apartment Developer Seeks $18M in Permits -

Elmington Capital Group is ready to continue its spree of Downtown multifamily development.

The Nashville-based company, doing business as ECG Forum GP LLC, is seeking four building permits totaling $18.2 million to construct apartments southeast of FedExForum.

11. Death Toll in Syria Chemical Attack Rises to 86 -

BEIRUT (AP) — The Latest on the suspected chemical attack in Syria (all times local):

10:30 p.m.

A Syrian monitoring group says the death toll from a suspected chemical weapons attack on the northern town of Khan Sheikhoun has risen to 86.

12. Rewrite of City Impasse Ordinance Draws Fire from Unions -

The unions representing city of Memphis employees gave a rough reception Tuesday, Feb. 7, to a proposal to revamp the city’s impasse proceedings for stalled contract talks between the unions and the city administration.

13. Uptown Flats Sees $9.8M in Construction -

Construction continues on the Uptown Flats apartment project backed by Nashville-based Elmington Capital Group.

The contractor, Patton & Taylor Enterprises LLC, filed a $5.2 million building permit for a three-story multifamily building at 626 N. Front St. Patton & Taylor also filed a $4.6 million building permit for new multifamily construction at 661 N. Main St.

14. Last Word: Mud Island Round 3, Newsmakers Notes and North Midtown -

Cue the organ. You know, the one from those old soap operas or radio dramas. And prepare for the latest episode of Island of Mud. When last we looked in on Mud Island River Park, the city had two finalists to redevelop all or a part of the southern half of the island that is really a peninsula.

15. Uptown Flats Sees $9.8M in Construction -

Construction continues on the Uptown Flats apartment project backed by Nashville-based Elmington Capital Group.

The contractor, Patton & Taylor Enterprises LLC, filed a $5.2 million building permit for a three-story multifamily building at 626 N. Front St. Patton & Taylor also filed a $4.6 million building permit for new multifamily construction at 661 N. Main St.

16. Uptown Flats Developer Pulls $9.8M Building Permit -

Uptown will see a newly built apartment building. Nashville-based Elmington Capital Group recently applied for a building permit for its Uptown Flats project, a 155-unit development at the northwest corner of North Main Street and Saffarans Avenue.

17. Banc3 Touts Niche, Inks Its First Acquisition -

The way longtime Memphis banking executive Frank Cianciola thinks a community bank ought to organize itself and how it should be run in today’s bank climate is right there in his new company’s name.

18. Medical Center Apartments Sell for $9.7 Million -

810 Washington Ave.
Memphis, TN 38105

Sale Amount: $9.7 million

Sale Date: Jan. 29, 2016

19. Prepare for Takeoff -

At Southern Airways Express’ hub in a Memphis International Airport executive terminal, movement is at a peaceful lull.

There are no loudspeaker announcements or TSA check-in points. Patrons sip complimentary coffee. The lobby opens right onto the tarmac where a fleet of 9-passenger Cessna 208 Caravan jets land about 12 times daily.

20. Middle Tennessee Mayors Push for Gas Tax Increase -

A lot has changed in Middle Tennessee’s cities, towns and communities since 1990. Tennessee’s fuel tax has not.

The Middle Tennessee Mayors Caucus met at the end of 2014 and took a hard look at how the state’s gas and fuel tax, which provides funding for transportation improvement, is stuck in 1990. Meanwhile, mayors are dealing with the realities of serving a fast-growing and booming region in 2015.

21. Raleigh Springs Mall Tests Town Center Concept -

The idea that a declining shopping mall can be redeveloped and reinvigorated as a “town center” with local government offices as a catalyst for private developers appears to be on its way to a meeting with reality.

22. Council Critical of Wharton Debt Restructuring -

First reviews from Memphis City Council members Tuesday, Feb. 17, to Memphis Mayor A C Wharton’s plan to restructure the city’s debt payments were harsh and skeptical.

Wharton wasn’t present in council committee sessions Tuesday as council member Jim Strickland played audio of Wharton in 2010 telling council members that the restructuring of city debt then was a “plain vanilla” transaction.

23. Carlisle Corp. Buys Sharky’s Property -

6201 Poplar Ave.
Memphis, TN 38119
Sale Amount: $2.9 million

Sale Date: July 29, 2014
Buyer: Wendelta Property Holdings LLC
Seller: Aaron Muschel
Details: An affiliate of Carlisle Corp. has paid $2.9 million for the recently closed Sharky’s Gulf Grill at 6201 Poplar Ave.

24. Health Care Safety Net Tops Council Agenda -

Memphis City Council members get more information during the Tuesday, Aug. 5, council day on different parts of City Hall’s ongoing health benefits and pension liability discussions.

But the only item on the agenda for a vote Tuesday is a resolution to create a $2 million “safety net” that was delayed last month.

25. Council Unhappy With Budget Plans So Far -

The administration of Memphis Mayor A C Wharton Jr. got a rough reception at the Tuesday, April 1, Memphis City Council session as it set the stage for Wharton’s budget proposal to come in two weeks.

26. Richmond Honan Buys Quince Centre for $10 Million -

6555 Quince Road
Memphis, TN 38119
Sale Amount: $10.4 million
Sale Date: March 7, 2014

27. Beale Alterations Point to Possible Larger Changes -

As a brass band leading a lunch-hour parade on Beale Street last Friday passed Handy Park, a crew wearing the district’s new uniforms for maintenance workers were taking down the Performa Entertainment sign outlining the ground rules for the park area.

28. Retiring Moore ‘Transformed’ Chamber -

When John W. Moore took the reins of the Greater Memphis Chamber in 2005, the organization was at the end of its latest economic development campaign and financial resources were strained.

“We were in incredible financial distress when I took over,” Moore said. “We weren’t even going to make the next payroll and it was really scary, but the chamber now is on great financial footing thanks to the hard work of a great team.”

29. Southern Airways Raising Capital for Growth -

Memphis-based carrier Southern Airways is raising a new round of capital to fund its plans for growth across the company’s five-state footprint.

Southern Airways Corp. chairman Stan Little said the next round of funding will help the company secure more aircraft, expand its routes and add other new resources. To date, funding came initially from private Mississippi investors, but the next level is being considered by a group of venture capitalists out of New York.

30. Influence1 Files $2.6 Million Loan for Former Bishop Byrne -

1475 E. Shelby Drive
Memphis, TN 38116
Loan Amount: $2.6 million

Loan Date: Aug. 23, 2013
Maturity Date: Aug. 23, 2024
Borrower: The Influence1 Foundation
Lender: Regions Bank
Details: The Influence1 Foundation, the Memphis-based organization that bought the former Bishop Byrne High School in June, has filed a $2.6 million loan on the property, at 1475 E. Shelby Drive in Whitehaven.

31. Oakhaven Warehouse Sells for $11.3 Million -

5155 Citation Drive
Memphis, TN 38118
Sale Amount: $11.3 million

Sale Date: May 21, 2013

32. Memphis Marriott Sells for $12.4 Million in Foreclosure -

2625 Thousand Oaks BlvdMemphis, TN 38118

Sale Amount: $12.4 million

33. Council to Review $12 Million Stadium ADA Plan -

Memphis City Council members get their first look Tuesday, Dec. 18, at the plan to pay for improvements at Liberty Bowl Memorial Stadium to settle the city’s negotiations with the U.S. Justice Department over making the stadium comply with the Americans with Disabilities Act.

34. Delta Buys Stake in Virgin Atlantic, Holds Investor Day -

On the heels of agreeing to buy a 49 percent stake in Virgin Atlantic from Singapore Airlines for $360 million on Tuesday, Delta Air Lines Inc. held its annual investor day conference on Wednesday, Dec. 12, in Atlanta and detailed the restructuring of its fleet, which will affect flights between Memphis and Birmingham.

35. MED Buys East Memphis Land for $3.4 Million -

6525 Quince Road Memphis, TN 38119

Sale Amount: $3.4 million

Sale Date: Nov. 16, 2012

36. Gallina Centro Property Sells for $7.1 Million -

An affiliate of the Phoenix-based real estate investment trust Cole Capital Advisors Inc. has paid $7.1 million for the portion of the Gallina Centro strip center in Collierville that houses HomeGoods and Michael’s.

37. Nashville Company Buys Wolf River Medical Building for $11 Million -

8040 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $11 million

Sale Date: Oct. 9, 2012
Buyer: HRT of Tennessee Inc.
Seller: Bayrock Investment Co. LLC
Details: HRT of Tennessee Inc., an affiliate of Nashville-based Healthcare Realty Trust Inc., has paid slightly less than $11 million for the medical office building at 8040 Wolf River Blvd. in Germantown.

38. Nursing Home Owner Files $13 Million Loan -

3549 Norriswood Ave.
Memphis, TN 38111

Loan Amount: $13 million

Loan Date: July 13, 2012

39. Cordova Presbyterian Plans to Build on Fay Road -

8707 Fay Road
Cordova, TN 38018

Permit Cost: $2 million

Permit Date: Applied March 2012

40. Delta Shares Up on Report of Interest in AMR -

FORT WORTH, Texas (AP) – Shares of Delta Air Lines Inc. rose Thursday after a report that the world's second-biggest airline may try to buy American Airlines parent AMR Corp.

41. Dunkin' Brands' Net Income Falls on Charges -

NEW YORK (AP) – Dunkin' Brands Group Inc. said Tuesday its net income plummeted 61 percent in the quarter that it became a public company, as its efforts to pay down debt and big fees to the private-equity firms that used to own it offset revenue gains.

42. Plans Move Ahead For Cordova Staples -

1.7 acres in
Galleria of Memphis
Sale Amount: $850,000

Sale Date: July 26, 2011

Buyer: TN Cordova Germantown LLC

43. Trinity Place Sells For Third Time In Five Years -

A Cordova retail center is under new ownership for the third time in five years. Atlanta-based Altus Real Estate Advisors LLC has purchased Trinity Place, 7990 Trinity Road, for $2.8 million.

44. Notice Filed on Exchange Building -

A first-run foreclosure notice has been filed against the Exchange Building in Downtown Memphis. The notice appears in the Thursday, June 30, print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

45. Soulsville Charter School Files $10M Loan for New Bldg. -

1115 College St.
Memphis, TN 38106
Loan Amount: $10 million

Loan Date: May 20, 2011
Maturity Date: May 5, 2018
Borrower: The Soulsville Charter School LLC
Lender: SunTrust Community Development Enterprises LLC
Details: The Soulsville Charter School LLC has filed a $10 million construction leasehold loan through SunTrust Community Development Enterprises LLC. The loan will fund construction of a new school building – announced last year – on a 2.1-acre parcel and a 1.9-acre parking easement owned by The Soulsville Foundation Inc.

46. Renovations Begin at Pinnacle Headquarters -

40 S. Main St.
Memphis, TN 38103
Permit Amount: $8.7 Million

Project Cost: $8.7 million
Permit Date: Applied February 2011
Owner: Memphis Commerce Square Partners
Tenant: Pinnacle Airlines Corp.
Contractor: Grinder, Taber & Grinder Inc.

47. Cash Infusion -

An El Paso, Texas-based investment firm has bought a “significant stake” in LEDIC Management Group LLC, a move that will enable the Memphis-based third party investment real estate firm to expand its national footprint, implement new technology, and hire additional employees.

48. Virtus Real Estate Buys Self-Storage Facilities -

6714 Winchester Pointe Cove and
314 S. Mt. Pleasant Road
Sale Amount: $2 million; $1.5 million

49. Exchange Building Sells for $2.4 Million -

The Exchange Building at 130 Madison Ave. has sold for $2.4 million to an Evanston, Ill.-based limited liability company, UIGTN III LLC.

50. Greenbrier Gets Loan for Downtown Project -

436 S. Front St.
Memphis, TN 38103
Loan Amount: $2.1 million

Loan Date: Sept. 30, 2010
Maturity Date: n/a
Borrower: Greenbrier Partners LLC
Lender: Southern Bancorp Bank

51. Methodist Le Bonheur Healthcare Buys Sutherland Cardiology Clinic -

7460 Wolf River Blvd.
Germantown, TN 38138
Sale Amount: $13.3 Million

Sale Date: July 1, 2010
Buyer: Methodist Healthcare-Memphis Hospitals
Seller: The Sutherland Cardiology Clinic Rental Co. LLC

52. New York Company Buys Gardenwood Apartments -

4975 Hoover Drive
Memphis, TN 38128
Sale Amount: $2.9 Million

Sale Date: May 17, 2010
Buyer: Gardenwood Apartments LLC
Seller: Bank of America NA
Loan Amount: $2.2 million
Loan Date: May 17, 2010
Maturity Date: N/A
Lender: Bloomfield Capital Partners Fund III LLC

53. Multifamily Owner Defaults On $19.5M Loan -

In what has become a common theme in the multifamily industry, another pair of large apartment complexes will be sold on the courthouse steps.

The Waterford Pointe Apartments at 5045 Airways Blvd. in Whitehaven and the Carrington Manor Apartments at 4805 Winchester Road in Oakhaven have been foreclosed, according to a first-run notice in today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

54. Tricky Market -

Because loan defaults are a common occurrence in this difficult financial climate, last week’s news that the 306-unit Preserve at Southwind Apartments had been foreclosed could easily be chalked up to a case of “another one bites the dust.”

55. Exchange Building Sells at Bargain Price -

The Exchange Building at 130 Madison Ave. sold for a fraction of its value in a successor trustee’s deed last month when it was reclaimed by the lender following a foreclosure.

56. Colvett Named Greenscape President -

Frank Colvett Jr. has been promoted to president of GreenScape Inc.

Colvett previously was executive vice president and corporate treasurer. He has been at GreenScape since 1992 and has served in various capacities including project manager, estimator and vice president of marketing.

57. Tunica's New Cash Crop? -

When Xiaolin “Charles” Wang was introduced at an October press conference announcing plans to build a $1 billion hybrid automotive plant in Tunica County, he was described by the emcee as a man who “dreams big and drives fast.”

58. No Time to Lose In Biotech Shipping -

Not a minute can be wasted when the product being shipped can prolong someone’s life or bring vision to the blind.

That’s why Tissue Banks International, Accredo Health Group Inc., DDN and other biotechnology firms choose to do business in Memphis, company officials say.

59. Planned Parenthood, Others Seek New Locations -

Planned Parenthood Greater Memphis Region Inc. plans to move to another location in Midtown because its lease won’t be renewed, while the owner of two long-term care hospitals looks to build new facilities because of an eminent domain lawsuit.

60. Troubled Frayser Apartment Complexes Land New Owner -

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

61. Dental Building Sold In Cordova -

850 Willow Tree Circle, Suite 101
Cordova, TN 38018
Sale Amount: $800,000

Sale Date: March 11, 2009
Buyer: Jason Collier
Seller: William and Jeanne Locante
Loan Amounts: $633,200; $160,000
Loan Dates: March 11, 2009 (both)
Maturity Date: N/A
Lenders: The Huntington National Bank; William and Jeanne Locante

62. Airlines Threaten to Move Flights From Atlanta to Memphis -

ATLANTA (AP) – Airlines that do business at the world’s busiest passenger airport are playing hardball in talks over new lease agreements, threatening to move some flights to other airports – including Memphis International Airport – if they can’t maintain competitive costs on fees they pay.

63. Central Church Makes Strategic Land Acquisition - 20 acres in Collierville
Sale Amount: $1.8 Million
Sale Date: Dec. 11, 2008

Buyer: Central Church Inc.
Seller: Marion L. Waldrup Sr. Revocable Living Trust, Frederick T. Stukenborg, Trustee
Loan Amount: $1.5 million
Loan Date: Dec. 15, 2008
Maturity Date: March 5, 2010
Lender: SunTrust Bank

Details: Central Church Inc. has bought a 20.9-acre parcel of vacant land directly behind its 2005 Winchester Blvd. location in Collierville for $1.8 million from the Marion L. Waldrup Sr. Revocable Living Trust, Frederick T. Stukenborg, Trustee.

Zoned residential, the property fronts South Houston Levee Road on the eastern side of the road. Central Church administrator Jim Pritchard said the land acquisition was strategic for the church.

“It’s the last piece of property that’s between us and Houston Levee, and obviously they don’t make any more of that (land),” Pritchard said. “Over the last five years we’ve just been praying and searching the Lord and seeing what might work out, and He just orchestrated it in such a way that we were able to purchase that property, so we moved to that end.”

The Shelby County Assessor of Property’s 2008 appraisal is $682,900.

Pritchard said the church plans to build a road through the property, connecting the church with South Houston Levee Road, but nothing is imminent since the church would need approval from Collierville before moving forward.

“That’s a pretty important piece to be able to have access to Houston Levee at some point in the future,” Pritchard said, “so we thought that was something the Lord would have us go ahead and do.”


6267 Poplar Ave.
Memphis, TN 3819
Loan Amount: $785,000

Loan Date: Dec. 12, 2008
Maturity Date: N/A
Borrower: Poplar Station South GP
Lender: SunTrust Bank

Details: A development group called Poplar Station South GP has filed a construction loan for $785,000 for a vacant lot that sits on the south side of Poplar Avenue, east of Ridgeway Road and west of West Massey Road. The lender is SunTrust Bank. The loan document included an assignment of rents, security agreement and fixture filing, and a separate assignment of rents and leases was signed in conjunction with the sale. The 6,000-square-foot lot will house a 5,000-square-foot retail center, said John B. Walker, managing partner at Poplar Station South GP. The address of the center will be 6267 Poplar Ave. “It’s a retail building,” Walker said. “It is (100 percent) leased. We’re trying to get our plat recorded; if we get our plat recorded, we’re going to start construction this week.” Walker said the plan is to finish the retail center by April or May.


3141 Stage Post Drive
Memphis, TN 38133
Sale Amount: $1.1 Million

Sale Date: Dec. 15, 2008
Buyer: John T. Crunk, Trustee of the Anna Caroline Crunk Trust (50 percent), and John T. Crunk, Trustee of the John T. Crunk III Trust (50 percent)
Seller: Kenny W. King

Details: A 21,190-square-foot warehouse in Bartlett has sold for $1.1 million to John T. Crunk, serving as trustee of both the Anna Caroline Crunk Trust and the John T. Crunk III Trust. Both trusts bought 50 percent of the property. The trustee lists a Nashville address. The warehouse was built in 1993. It sits on 1.76 acres in the Bartlett Corporate Park-East Phase II, northwest of the Stage Road and North Germantown Parkway intersection. The Shelby County Assessor of Property’s 2008 appraisal is $1 million.


Vacant Land in Bartlett
Sale Amount: $5.9 Million

Sale Date: Dec. 17 (substitute trustee’s sale)
Buyer: Liberty Bank of Arkansas
Seller: D.B. Bridgforth, Substitute Trustee

Details: Liberty Bank of Arkansas reacquired four parcels of land in Bartlett. The bank bought the land in a Dec. 17 substitute trustee’s sale on the steps of the Shelby County Courthouse. The property had been foreclosed after the owner, First Capital Investments LLC, defaulted on its Dec. 23, 2004, construction loan for $5.8 million through Jonesboro, Ark.-based Liberty Bank of Arkansas. Kenneth Burden was listed as chief manager for First Capital Investments.


...

64. Will Delta, Northwest Shareholders Have Their Day? -

ATLANTA (AP) - Weary shareholders and creditors of Delta Air Lines Inc. and Northwest Airlines Corp. could lose out - again - amid falling stock prices since the carriers announced their intent to combine.

65. Rainey Chosen as President-Elect Of TN Women's Council of Realtors -

Crye-Leike Realtors broker Patty Rainey has been chosen as president-elect of the Tennessee Women's Council of Realtors.

Rainey is a member of the Memphis Area, Northwest Mississippi, Tennessee and National Associations of Realtors. She is in the Multi-Million Dollar Club and MAARket Master Toastmasters, and in 2006, she served as the president of the local Certified Residential Specialists chapter.

66. Midwest Says Sale Delayed,Regulators Want More Info -      The sale of Midwest Air Group Inc. to a private equity firm has been delayed, the airline announced, because antitrust regulators want more information on the deal.
     The Milwaukee-based o

67. Northwest Could Own MidwestThrough Equity Firm Cash-Out -      Northwest Airlines Corp. could end up owning rival Midwest Air Group Inc., which has agreed to a $450 million buyout offer from private equity firm TPG Capital.
     Northwest is a passive in

68. Northwest Airlines Could Eventually Own Midwest Which is Being Acquired by TPG Capital -

MILWAUKEE (AP) - Northwest Airlines Corp. could end up owning rival Midwest Air Group Inc., which has agreed to a $450 million buyout offer from private equity firm TPG Capital.

Northwest is a passive investor in the deal and may eventually buy Midwest outright, TPG partner Richard P. Schifter said in a conference call Friday morning.

69. Northwest Invests in TPG'sAcquisition of Midwest Air -      Northwest Airlines (NWA) on Monday confirmed it is a passive investor in the acquisition entity that private equity investment firm TPG Capital LP has created to acquire all the outstanding shares of Midwest Air Group In

70. Archived Article -

Five addresses
In Millington
Loan Amount: $7 million

Loan Date: July 25, 2007

Maturity Date: July 25, 2008

71. Give 'Em Credit: Teachers' Credit Union Official Says New Branches Will Keep It Competitive -

New MATCU Branches on
Union Avenue and White Station Road
Project Cost: Not released

Permit Date: Dec. 4, 2006

72. Archived Article -

2362 and 2382 N. Germantown Parkway
Memphis, TN 38016
Sale Amount: $14.6 million

Sale Date: Nov. 9, 2006

73. Archived Article -

300 N. Second St.
Memphis, TN 38105
Loan Amount: $12 million

Loan Date: Aug. 31, 2006

Maturity Date: n/a

74. Archived Article -

205 Pasadena Place
Memphis, TN 38104
Loan Amount: $14.2 million

Loan Date: April 18, 2006

Maturity Date: April 30, 2008, with option for extension to April 30, 2009

75. Archived Article: Daily Digest - Summit Homes Buys

Summit Homes Buys

Lots in Sutton Place East

Summit Homes LLC has purchased 40 lots in phase two of Sutton Place East from HBT Investments LLC, dba Houston Levee Crossing Partners, for $1.45 million. The property was financ...

76. Archived Article: Daily Digest - Lottery chooses

Lottery chooses

PR/marketing firms

The Tennessee Education Lottery Corp. Wednesday named a group of firms led by Nashville-based public relations agency Dye Van Mol & Lawrence to handle statewide public relations and mar...

77. Archived Article: Daily Digest - Court confirms FAO

Court confirms FAO

reorganization plan

Children's specialty retailer FAO Inc. received confirmation of its reorganization plan from the U.S. Bankruptcy Court for the District of Delaware.

The court's ruling will allow ...

78. Archived Article: Market Briefs - Morgan Keegan & Co Union Planters Corp. announced a quarterly dividend of 50 cents per share on its common stock and on its 8 percent Series E preferred stock. Both dividends are payable Aug. 16 to shareholders of record on Aug. 2. Loehmanns Inc...

79. Archived Article: Market Briefs - Storage USA Reports Year-End Northwest Airlink will move its scheduled airline operations from Drake Field to the Northwest Arkansas Regional Airport effective March 15. The airline will continue to operate six daily flights to Memphis and will main...

80. Archived Article: Real Focus Zoo Lj - lj 10/5 cates Memphis Zoo breaks ground on new projects Improvements include a new driveway, ticket booth and picnic pavilion By LAURIE JOHNSON The Daily News The Memphis Zoo, which is celebrating its 90th birthday this year, is ready to break groun...