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Editorial Results (free)
1.
French Quarter Suites Hotel Bought Back by Original Owner -
Tuesday, December 8, 2009
2144 Madison Ave.
Memphis, TN 38104
Sale Amounts: $1 Million; $300,000; $200,000
Sale Dates:Nov. 20, Nov. 5 and Nov. 12, 2009
Buyer:FQI LLC
Sellers:Lodgian Memphis Property Owner LLC, Horace and Ann Proctor, and Martha D. Sutton
Loan Amount:$1.3 million
Loan Date:Nov. 30, 2009
Maturity Date:Nov. 20, 2010
Lender:Triumph Bank
2.
BancorpSouth Reclaims Three Vacant Properties -
Wednesday, December 2, 2009
BancorpSouth Bank has bought back three parcels totaling 51.7 acres of land in a substitute trustee’s deed following a foreclosure. The Tupelo, Miss.-based bank paid $1.2 million for two pieces of farmland and one vacant residential lot – all in unincorporated Southeast Shelby County – on the courthouse steps Nov. 10 from substitute trustee David J. Harris of Burch, Porter & Johnson PLLC.