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...

2. Medical District Apartments Sell for $5.2 Million - Tuesday, May 23, 2017

A 128-unit apartment high-rise in the Memphis Medical District has sold for $5.2 million.

Axon LLC, which has ownership based both in Memphis and California, bought the Park Tower Apartments, located at 57 N. Somerville St., from California-based Memphis Medical Redevelopment Group LLC.

3. Police Body Cameras Contract Controversial on Several Levels - Tuesday, September 29, 2015

The Memphis Police Department’s $4.5 million contract with Taser International for body cameras, dashboard cameras and other related equipment is drawing fire on several fronts, including an $880,000 community engagement/public relations contract that is part of the overall price tag.

4. Hundreds of Memphis Police Getting Body Cameras - Friday, September 25, 2015

MEMPHIS, Tenn. (AP) — The Memphis Police Department has begun assigning newly received body cameras to officers, with a goal of giving the equipment to more than 2,000 officers by the end of the year, Police Director Toney Armstrong said Wednesday.

5. FaxonGillis Files $3M Loan for 29 Homes - Thursday, June 11, 2009

FaxonGillis Homes Inc. has filed a $3 million construction loan through SunTrust Bank as a refinance of 29 homes in two neighborhoods, Southern Heights Subdivision in Westwood and Riverwood Farms Planned Development in Cordova. The loan was dated June 5.

6. Vintage Homes, FaxonGillisConsolidate by Trading Lots - Friday, February 8, 2008
     Vintage Homes LLC and FaxonGillis Homes Inc. are consolidating their work in two closely placed subdivisions in what amounts to trading lots.
     Vintage bought 20 lots in Richwood Hills Pla

7. FaxonGillis Buys 27 LotsIn Arlington Community - Wednesday, October 10, 2007
     White Oak General Partnership sold 27 lots in The Villages at Whiteoak for $1.4 million to FaxonGillis Homes Inc. on Sept. 21. The lots comprise phase one of the project, which is slated for completion by early 2009. 8. FaxonGillis NamedBest Place to Work - Friday, August 24, 2007
     FaxonGillis Homes of Cordova was ranked the best workplace in America by Professional Builder magazine. The award was announced in the magazine's August issue.
     "It was a surprise and an

9. Sam Davidson NamedPresident of FaxonGillis - Wednesday, February 7, 2007
     Jerry Gillis, president and CEO of FaxonGillis Homes, announced Tuesday that Sam Davidson has moved into the roles of president and chief operating officer at FaxonGillis. Davidson has been in the homebuilding industry f

10. FaxonGillis BuysWhisper Ridge Lots - Tuesday, October 3, 2006
     FaxonGillis Homes Inc. has bought 10 lots in Gerland Creek Planned Development phase seven, also known as Whisper Ridge, from Whisper Ridge GP for $396,900. The builders also filed a $2.1 million construction mortgage th

11. FaxonGillis PurchasesRiverwood Farms Lots - Friday, January 27, 2006
FaxonGillis Homes Inc. has purchased 22 lots in Riverwood Farms Planned Development from Cordova Associates GP for $1 million. The property, which is in phase three of the subdivision, is part of 332.86 acres Cordova Associates bought in 1983 for $61

12. FaxonGillis FinancesLots in Ewing Place - Thursday, December 29, 2005
FaxonGillis Homes Inc. has filed a $4 million construction mortgage through Independent Bank for 11 lots in the Ewing Place Subdivision in Arlington. The property - 10 lots in section one and one lot in section two of the subdivision - is part of 102

13. FaxonGillis FinancesSouthern Heights Lots - Wednesday, December 14, 2005
FaxonGillis Homes Inc. has filed a construction mortgage for six lots in phases four and six of Southern Heights Subdivision through AmSouth Bank for $1.2 million. FaxonGillis purchased the lots for $201,000. The property is part of 172.67 acres quit

14. FaxonGillis Buys Lotsin Southern Heights - Wednesday, August 10, 2005
FaxonGillis Homes Inc. has purchased 11 lots in phases four and six of Southern Heights Subdivision from Legacy Land Development LLC for $368,000. The sale was financed by one construction trust deed through AmSouth Bank for $2.1 million. The lots we