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Editorial Results (free)

1. Oakhaven Warehouse Sells for $11.3 Million -

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

Sale Date: May 21, 2013

2. Owner Files Loan on Humphrey Hampton Inn -

The owner of the 121-room Hampton Inn at 33 Humphrey Center Drive in East Memphis has filed a $5.4 million loan on the property.

3. New York Company Buys Country Squire for $49.2 Million -

8056 Country Squire Lane Cordova, TN 38018

Sale Amount: $49.2 million

Sale Date: March 28, 2013

4. Fairfield Inn Sells for $4.2 Million -

An entity related to GE Capital Real Estate has paid $4.2 million for the 89-unit Fairfield Inn & Suites Memphis at 4760 Show Case Blvd. near Interstate 240 and South Perkins Road.

5. MEPPI Files $155M Permit App For Rivergate Plant, Office -

2865 Riverport Road
Memphis, TN 38109

Permit Cost: $155 million

Permit Date: Applied June 2012

6. Lincoln at Wolfchase Sells for $27 Million -

Investment management firm Archon Group LP has bought the 408-unit Lincoln at Wolfchase apartment complex in Cordova for $27.3 million from Lincoln at Wolfchase Associates LLP.

7. 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.

8. Walnut Grove Hampton Financed for $3.3 Million -

A limited partnership entity called W2005 New Century Hotel Portfolio LP has financed the Hampton Inn Memphis-Walnut Grove/Baptist Hospital East hotel at 33 Humphrey Center Drive through German American Capital Corp. for $3.3 million.

9. Bank Buys One Commerce For $20M -

One Commerce Square at 40 S. Main St. sold Monday for $20 million on the Shelby County Courthouse steps.

The 31-story landmark skyscraper, foreclosed last month, traded hands during a successor trustee’s sale in which the lender, Park National Bank of Chicago, was the sole bidder for the property.

10. No Buyers For One Commerce Square -

The successor trustee’s sale of One Commerce Square at 40 S. Main St. yielded no buyers Wednesday on the steps of the Shelby County Courthouse.

11. Impending Foreclosure Not First For Downtown Building -

The foreclosure notice filed Friday against One Commerce Square at 40 S. Main St. isn’t the first financial crisis the landmark tower has faced.

12. One Commerce Square Faces Foreclosure -

The real estate crisis has struck a blow to the Memphis skyline, hitting one of Downtown’s tallest and most iconic towers.

Trustees have filed a first-run foreclosure notice on One Commerce Square at 40 S. Main St. and will sell the 31-story building on the courthouse steps May 27. The notice appears in today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

13. Archived Article: Daily Digest - East Memphis Property

East Memphis Property

Financed for $16.3 Million

Norman FX World LLC has financed property at 942 S. Shady Grove Road near Briarcrest Avenue for $16.3 million, according to The Daily News Public Records Database, www.m...

14. Archived Article: Real Review - Kensington Manor purchased

CLK Management Corp. buys

Kensington Manor apartments CLK Management Corp. purchased the Kensington Manor apartment complex from Archon in July. Kensington Manor, 3896 Chippewa Road, consists of 569 apartment units. ...