There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

2. Graceland Hotel Developers File $84 Million Construction Loan - Tuesday, June 30, 2015

3600 Elvis Presley Blvd.
Memphis, TN 38116
Loan Amount: $84 million

3. Graceland Hotel Developers File $84 Million Construction Loan - Tuesday, June 23, 2015

The developers behind a massive hotel near Graceland are ready to shake, rattle and roll on the project.

Guest House at Graceland LLC, formed to develop the hotel, has filed an $84 million construction loan for the 450-room resort-style hotel at 3600 Elvis Presley Blvd.

4. University of Memphis Foundation Applies for $1 Million Building Permit - Tuesday, April 28, 2015

1115 E. Getwell Loop
Memphis, TN 38111
Permit Amount: $1 million

Applicant: The University of Memphis Foundation
Project Cost: $40 million
Permit Application Date: April, 2015
Architect: Fleming Architects
Contractor: Grinder, Taber & Grinder Inc.
Details: The University of Memphis Foundation has applied for a $1 million building permit for a new facility at the university’s Park Avenue campus.

5. Medical Center Apartments Sell for $6.4 Million - Saturday, April 25, 2015

A Memphis investor has acquired a Memphis Medical Center apartment building for $6.4 million.

Thunderbird Towers LLC bought the 201-unit, Class C apartment building at 141 N. Manassas St., known as the Adams Place Apartments, from 750 Adams Place LLC, according to an April 13 warranty deed.

6. Investor Buys Medical Center Apartments for $6.4 Million - Wednesday, April 22, 2015

A Memphis investor has acquired a Memphis Medical Center apartment building for $6.4 million.

Thunderbird Towers LLC bought the 201-unit, Class C apartment building at 141 N. Manassas St., known as the Adams Place Apartments, from 750 Adams Place LLC, according to an April 13 warranty deed.

7. Cushman & Wakefield Adds Yates to Capital Markets Team - Wednesday, July 9, 2014

Alex Yates has joined the Cushman & Wakefield/Commercial Advisors Capital Markets team as vice president, assisting and executing investment sales, debt/equity placement and development advisory projects. Yates’ efforts will be heavily concentrated in multifamily and retail, but he will focus on other product types as well.

8. Former Motel 6 Sells for $1.4 Million - Tuesday, January 28, 2014

1321 Sycamore View Road
Memphis, TN 38134
Sale Amount: $1.4 million

Sale Date: Jan. 13, 2014
Buyer: P & S Hospitality LLC
Seller: G6 Hospitality Property LLC
Loan Amount: $1.1 million
Loan Date: Jan. 14, 2014
Maturity Date: N/A
Lender: Argent Bank
Details: The former Motel 6 at 1321 Sycamore View Road in Northeast Memphis has traded hands for $1.4 million.

9. Monticello Apartments Owner Files $9.3 Million Loan - Friday, January 24, 2014

The owner of the 202-unit Monticello apartments at 3250 Kirby Parkway in Hickory Hill has filed a $9.3 million loan on the property.

10. Swinnea Warehouse Sold in Lieu of Foreclosure - Tuesday, March 19, 2013

4550 Swinnea Road, Memphis, TN 38118

Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.

11. In-Rel Files Two Loans on Lynnfield Portfolio - Thursday, March 14, 2013

A single-purpose entity related to Lake Worth, Fla.-based In-Rel Properties Inc. has filed a pair of $8 million loans on four Lynnfield Road office buildings in East Memphis.

12. Memphis Marriott Sells for $12.4 Million in Foreclosure - Tuesday, February 12, 2013

2625 Thousand Oaks Blvd. Memphis, TN 38118

Sale Amount: $12.4 million

13. Cordova Presbyterian Plans to Build on Fay Road - Tuesday, April 10, 2012

8707 Fay Road
Cordova, TN 38018

Permit Cost: $2 million

Permit Date: Applied March 2012

14. Memphis Medical Finances Park Tower - Thursday, April 5, 2012

Memphis Medical Redevelopment Group LLC has financed Park Tower Apartments at 57 N. Somerville St. with a $3 million, 10-year trust deed through American Equity Investment Life Insurance Co.

15. Mixed Impact on Consumers From Fed's 'Twist' - Friday, September 23, 2011

Operation Twist doesn't give consumers much to shout about.

The Federal Reserve's latest effort to boost the economy by driving down long-term interest rates won't have a big impact on home and car buyers, savers or credit card users.

16. 'A New Day' - Monday, September 20, 2010

Marvell Mitchell has had it with numbers.

“I’ve read the numbers and I hear people talking about the recession but frankly, there’s an opportunity here,” said Mitchell, who owns Mitchell Technology Group LLC with his wife, Ledelle.

17. Financial Federal Helps Western Power Sports Grow - Wednesday, May 5, 2010

Financial Federal Savings Bank has announced a pair of financing deals for Western Power Sports Inc. of Boise, Idaho.

18. AIG Sells Alico Unit to MetLife for $15.5 Billion - Tuesday, March 9, 2010

CHARLOTTE, North Carolina (AP) - American International Group Inc. said Monday it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.

19. Better Prospects - Tuesday, January 26, 2010

Real estate investor John Bogdasarian might be from Ann Arbor, Mich., but it didn’t take him long to discover that the intersection of American Way and South Perkins Road was once infamous for its proximity to the old Mall of Memphis.

20. Gov’t Extends New Aid Package To AIG - Tuesday, March 3, 2009

WASHINGTON (AP) – The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company with another $30 billion in taxpayer money on an “as needed” basis.

21. AIG Takes $85B Deal from Fed - Thursday, September 25, 2008

CHARLOTTE, N.C. (AP) - American International Group Inc. may have agreed to take the U.S. government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the nation's largest insurer faces an FBI investigation.

22. Archived Article: Real Recap - Tuesday, June 14, 2005
1285 Channel Ave

Presidents Island Property Bought in Koch Deal

1285 Channel Ave.

Memphis, TN 38103

Cost: $6.8 million

Buyer: SemMaterials LP

Seller: Koch Materials Co.

Property: Two tracts totaling 15.43 acres at 1285 Channel A...

23. Archived Article: Real Recap - Tuesday, February 15, 2005
Shelby Center

Shelby Square Sells for $6.6 Million

Shelby Square

near Shelby Drive

Cost: $6.6 million

Buyer: EIG Shelby Square LLC

Seller: Bennett V. York and Anderson-Tully Co.

Property: Shelby Square shopping center at Riverda...