Memphis City Council members offer their first thoughts Tuesday, July 23, on the reconfiguration of city sanitation services outlined last week by Memphis Mayor Jim Strickland.

2. Beale Hotel, South Main Mixed-Use Top Busy Week In Development - Tuesday, July 10, 2018

It’s a busy week for the city of Memphis when it comes to economic development. The Downtown Memphis Commission has two of its affiliate boards, the Center City Revenue Finance Corp. and the Design Review Board, in action this week, while the Economic Development Growth Engine for Memphis and Shelby County is holding a meeting for its Economic Development Finance Committee.

3. EdR to Be Acquired In $4.6 Billion Deal - Tuesday, June 26, 2018

Memphis-based collegiate housing developer and manager EdR has entered into an agreement to be acquired by the newly formed, perpetual-life fund Greystar Student Housing Growth and Income Fund in a $4.6 billion all-cash transaction.

4. EdR to be Acquired in $4.6 Billion Deal - Monday, June 25, 2018

Memphis-based collegiate housing developer and manager EdR has entered into an agreement to be acquired by the newly-formed, perpetual-life fund Greystar Student Housing Growth and Income Fund in a $4.6 billion all-cash transaction.

5. Events - Wednesday, June 20, 2018

Creative Aging’s Senior Arts Series continues Wednesday, June 20, at 1:30 p.m. at Theatre Memphis, 630 Perkins Road Extended. The performance features Creative Aging jazz and blues artist Deborah Swiney and highlights from Theatre Memphis’ “42nd Street.” Tickets available online or at the door for a minimum donation of $5 (cash or check). Visit creativeagingmidsouth.org.

6. Events - Tuesday, June 19, 2018

Talk Shoppe will meet Wednesday, June 20, from 9 a.m. to 10 a.m. at Pinot’s Palette, 8225 Dexter Road, suite 103. A Dress for Success representative will present “Career 101: What Not to Wear.” Cost is free. Visit talkshoppe.com.

7. Why Many Americans Aren't Benefiting From Robust US Economy - Monday, June 18, 2018

WASHINGTON (AP) – "The economy," Federal Reserve Chairman Jerome Powell declared this week, "is doing very well."

And it is. Steady hiring has shrunk unemployment to 3.8 percent – the lowest since the 1960's. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.

8. After AT&T-Time Warner Win, Is Comcast-Fox a Done Deal? - Thursday, June 14, 2018

NEW YORK (AP) – Comcast will likely bid for Fox's entertainment business as early as Wednesday now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner.

If Comcast succeeds in outbidding Disney for Fox, a major cable distributor would control even more channels on its lineup and those of its rivals. There are fears that it could lead to higher cable bills or hinder online alternatives.

9. Tackling Transit, Reappraisal at Once Not Smart - Thursday, May 31, 2018

Nashville’s Metro Council is taking the hit for falling asleep at the wheel in a period of unprecedented prosperity and waking up to a budget shortfall in mid-2018.

“We’ve been drunken by our growth and the label of the It City,” Councilwoman Tanaka Vercher admits. “But this is what happens in growth. It stabilizes.”

10. Bitcoin Fans Rave, But Understand It’s Still a Risky Business - Monday, May 28, 2018

By now, anyone who follows Wall Street even slightly has heard of cryptocurrency and its most famous spawn – bitcoin, which launched in 2009 but grabbed headlines last year for its wild swings in valuation.

11. Comcast v. Disney: A Fight for Twenty-First Century Fox - Thursday, May 24, 2018

NEW YORK (AP) – Comcast and Disney are on the verge of a head-to-head bidding war for Fox's entertainment properties.

The potential battle for Twenty-First Century Fox comes as traditional entertainment companies try to amass more properties to compete better with technology companies such as Amazon and Netflix for viewers' attention – and dollars.

12. Last Word: About The Election Turnout, Luttrell's Last Budget and Gold Records - Thursday, May 3, 2018

It turns out election turnout in Tuesday’s county primary elections was up from the same election cycle four years ago – almost 19,000 more voters – a 14.9 percent turnout if you only go by the number of “active” voters – 13.4 percent if you go with combined active and “inactive”. Yes, when last we met, I said it was a decrease from 2014. It’s not. And here is how that happened.

13. New Apartments Coming to Broad, Clark Tower Inks Another Tenant - Monday, April 2, 2018

A multifamily project planned for Broad Avenue could provide the housing element that takes the arts district to the next level.

2542 Broad Ave.
Memphis, TN 38112

14. Digest - Tuesday, March 6, 2018

Memphis Grizzlies Suffer 15th Consecutive Loss

The Grizzlies lost their 15th straight game, 119-110 at Chicago, on Wednesday, March 7.

The team has not won since defeating the Phoenix Suns at FedExForum on Jan. 29.

15. DMC to Review Plans For New Downtown Mixed-Use Building, Midtown Apartments - Friday, February 9, 2018

A local investment group is seeking a nine-year tax break from the Downtown Memphis Commission to construct a new mixed-use building where the Downtown Blue Monkey once stood at 529 S. Front St.

16. Shelby County Home Sales Volume, Average Price Soar - Tuesday, January 16, 2018

Average home sale prices and overall sales volume showed healthy gains in 2017 over the previous year, signaling another good year for the housing market in Shelby County.

The average home sales price in 2017 was $165,644, a 5 percent increase from the previous year, according to real estate information company Chandler Reports, chandlerreports.com.

17. New High Roller at the Table, Penn Buys Pinnacle for $2.8B - Tuesday, December 19, 2017

NEW YORK (AP) – Pinnacle Entertainment is being snapped up by Penn National in a deal worth about $2.8 billion as the gaming industry seeks to diversify and cut costs at the same time.

18. Meredith Buying Time Inc. for About $1.8 Billion - Tuesday, November 28, 2017

NEW YORK (AP) – Magazine and broadcasting company Meredith is buying magazine publisher Time for about $1.8 billion, with help from the billionaire Koch brothers, to bulk up on readers as the publishing industry navigates the difficult transition to digital from print.

19. FEMA Insurance Chief: Harvey Losses Could Top $11 Billion - Thursday, September 14, 2017

WASHINGTON (AP) – The head of the National Flood Insurance Program said Wednesday early estimates show Hurricane Harvey will result in about $11 billion in payouts to insured homeowners, mostly in southeast Texas.

20. Wonder Bread Garage Gets OK From Parking Authority - Friday, August 18, 2017

The Downtown Parking Authority has given its approval to the 481-space parking garage connected to the $73 million Wonder Bread redevelopment, paving the way for developers PGK Properties to seek final approval from the Memphis City Council and Shelby County Commission.

21. Last Word: Gentrification, ServiceMaster's New CEO Speaks and Gateway Resolution - Tuesday, August 1, 2017

Gentrification in Binghampton? The g-word is a term that can start a real debate in Memphis these days. But those leading the hard fought redevelopment in Binghampton say a tax increment financing district there would mean an immediate capital infusion of $332,000 that would help to ward off the possibility of gentrification.

22. Binghampton, Uptown Redevelopment Efforts Move Forward While Waiting for the CRA - Tuesday, August 1, 2017

If Binghampton can get a proposal for tax increment financing (TIF) approved by the end of the year, it would mean an immediate $332,000 in capital and an estimated $26 million over the 30-year life of the TIF zone to sustain and further grow commercial and residential development in the area.

23. Arlington Neighborhood Thriving Despite Investor Activity - Monday, June 19, 2017

The Village of Summer Meadows subdivision located off Milton Wilson Drive just north of Interstate 40, behind Arlington High School, is a hot spot for local investors and national hedge funds.

24. Whitehaven Unveils New Development Direction - Friday, June 16, 2017

It’s been 10 months since Rev. Earle Fisher was among the individuals turned away from Graceland’s annual candlelight vigil by Memphis police in a reaction to possible protests at the event.

25. The Buying And Selling Of Memphis - Saturday, May 27, 2017

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

26. Management Firm Buys Midtown Retail Center - Saturday, May 6, 2017

Absolute Storage Management has purchased a Midtown retail center for a little more than $1 million.

The Memphis-based firm, working under the name ASM Storage Partnership, purchased the building at 376 N. Cleveland St. from Overton Park Commons LLC, according to an April 24 warranty deed filed with the Shelby County Register of Deeds.

27. Memphis Management Firm Buys Midtown Retail Center - Thursday, May 4, 2017

Absolute Storage Management has purchased a Midtown retail center for a little more than $1 million.

The Memphis-based firm, working under the name ASM Storage Partnership, purchased the building at 376 N. Cleveland St. from Overton Park Commons LLC, according to an April 24 warranty deed filed with the Shelby County Register of Deeds.

28. Initiatives Geared at Boosting Owner-Occupied Housing - Saturday, April 15, 2017

Nearly a third of all homes in Shelby County are owned by investors, a fact which has state and city leaders looking for ways to stem the tide and encourage locals to buy into their communities through owner-occupied homeownership.

29. Shops of Wolflake Near Wolfchase Sells for $4.8M - Thursday, April 13, 2017

2965 N. Germantown Parkway
Bartlett, TN 38133 

Sale Amount: $5 million

Sale Date: March 31

Buyer: WFL Retail LLC

30. Penn National Gaming to Buy 2 Tunica Casinos for $44M - Thursday, March 30, 2017

1450 Bally Blvd.
Robinsonville, MS 38664 

Sale Amount: $44 million

Sale Date: March 28, 2017

31. Penn National Gaming to Buy 2 Tunica Casinos for $44M - Wednesday, March 29, 2017

A Pennsylvania-based gaming company is planning to add to its Tunica-area holdings by buying the gaming operations of Bally’s Casino Tunica and Resorts Casino Tunica.

Penn National Gaming Inc. announced Tuesday, March 28, it has entered into a definitive agreement to acquire RIH Acquisitions MS I LLC and RIH Acquisitions MS II LLC, the holding companies for the two casinos, for approximately $44 million in cash. The transaction, which is expected to close in the second quarter of 2017, still has to be approved by the Mississippi Gaming Commission.

32. Midtown Retail Property Sells for $5 Million - Thursday, December 29, 2016

1625 Poplar Avenue

Memphis, TN 38104 

Sale Amount: $5 million

Sale Date: Dec. 21, 2016

33. Ethics Experts: Trump Invites Trouble If He Keeps Businesses - Tuesday, December 13, 2016

NEW YORK (AP) – Donald Trump says he will step away from managing his business empire while he's in office – but he's not going to sell it off. If he follows through, he will shatter a presidential precedent on conflicts, and ethics experts say he will open the door to investigations and lawsuits that could hobble his administration.

34. Tourists Stream Back to Gatlinburg, But Rebuilding Looms - Monday, December 12, 2016

GATLINBURG, Tenn. (AP) — Visitors jammed the main roads and sidewalks in Gatlinburg as the tourism city reopened to the public Friday for the first time since wildfires killed 14 people.

35. US Home Sales Reach Strongest Pace in Nearly a Decade - Wednesday, November 23, 2016

WASHINGTON (AP) – Americans bought homes in October at the fastest pace in nearly decade, helped out by low mortgage rates that have since started to climb following the presidential election of Donald Trump.

36. Marriott Receives Final Approval Needed for Starwood Buyout - Wednesday, September 21, 2016

NEW YORK (AP) – Chinese antitrust regulators have approved Marriott's buyout of Starwood, marking the final approval needed for the deal to close.

Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. expect to close the deal before the market opens on Friday.

37. Events - Wednesday, August 17, 2016

Tennessee Small Business Development Center will host a workshop on how to get started in government contracting Thursday, Aug. 18, from 9 a.m. to 11 a.m. at the Renaissance Business Center, 555 Beale St. Learn about getting started in government contracting, types of contracts awarded, how to get one-on-one assistance and more. Cost is free; registration required. Visit tsbdc.org/training for details.

38. Events - Tuesday, August 16, 2016

Memphis Jewish Community Center will hold a Medicare informational meeting Tuesday, Aug. 16, at 6 p.m. at 6560 Poplar Ave. Larry L. Turner of Imagine Retirement will explain Medicare for those ages 60 to 64. Open to the public; reservations required. Call Jennifer Roberts at 901-761-0810.

39. Events - Monday, August 15, 2016

Tennessee Medical Association will bring its CME Summer Roadshow, “Dollars and Sense: Understanding State and Federal Healthcare Payment Reform,” to Memphis on Tuesday, Aug. 16, at Saint Francis Hospital-Memphis’ Longinetti Auditorium, 5959 Park Ave. Cost is $175 for TMA members and $275 for nonmembers. Visit tnmed.org/summerroadshow to register.

40. The Week Ahead: Aug. 15-21 - Monday, August 15, 2016

Happy Monday, Memphis! If you’re looking for something to do this week, look no further. Here’s our weekly roundup of local events and other happenings you need to know about, from the Elvis Week candlelight vigil to a fun evening of craft beer and DIY art…

41. Revenue Up, Profit Down At Gannett - Thursday, July 28, 2016

Shares of The Commercial Appeal’s parent company are down some 12 percent this year, compared to a more than 6 percent year-to-date gain in the S&P 500 index, and the company’s second quarter earnings released Wednesday, July 27, help partly explain why.

42. Middle Tennessee construction can’t meet demand - Saturday, April 16, 2016

When it comes to residential real estate around Middle Tennessee, there are plenty of buyers but not nearly enough sellers, says Heather Benjamin with Reliant Realty’s Benjamin McConnell Group. And new construction just can’t keep up with the demand.

43. UPS Invests in Same-Day Delivery Company Deliv - Thursday, February 25, 2016

NEW YORK (AP) – UPS, looking for ways to get goods to shoppers faster, is investing in same-day delivery company Deliv.

Deliv, founded nearly four years ago, works with Macy's Inc., Kohl's Corp. and other retailers to deliver online orders within the same day. Shoppers select same-day delivery when they're about to buy something from the retailer's website and Deliv's workers get it delivered. Retailers pay Deliv for its service and the stores usually charge customers. At Kohl's, for example, shoppers pay $9.95 for same-day deliveries on orders above $75 and $14.95 for orders below $75.

44. I-Team Veteran Takes Reins Of Innovate Memphis - Thursday, February 18, 2016

Two years ago, when Justin Entzminger found a job that combined his background in entrepreneurship with his dedication to the public realm, he jumped at the chance to join the Mayor’s Innovation Delivery Team.

45. International Real Estate Firms Find Purchase Potential in Memphis - Tuesday, January 26, 2016

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

46. Marriott Becomes World's Largest Hotelier, Buying Starwood - Tuesday, November 17, 2015

NEW YORK (AP) — Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.

47. Cloverleaf Shopping Center Sells in $4.8 Million Deal - Tuesday, August 25, 2015

5071, 5079 and 5150 Summer Ave.
761 N. White Station Road
Memphis, TN 38122

48. Freelance, Remote Work Part of New Office Reality - Saturday, August 22, 2015

In its 2015 list of the top 100 companies to watch for remote jobs, FlexJobs looked at the job-posting histories of more than 30,000 companies last year. The report, released in January, revealed a 26 percent increase in the number of remote jobs posted, hinting that the option to work from home is becoming more widely accepted in the broader economy.

49. US Home Sales Soar in July to Fastest Pace Since 2007 - Friday, August 21, 2015

WASHINGTON (AP) — Americans stepped up their home-buying for a third straight month in July, as sales accelerated to the strongest pace in eight years.

The National Association of Realtors said Thursday that sales of existing homes rose 2 percent last month to a seasonally adjusted annual rate of 5.59 million, the fastest rate since February 2007. Sales have jumped 9.6 percent over the past 12 months, while the number of listings has declined 4.7 percent.

50. Cloverleaf Shopping Center Sells for $4.8 Million - Wednesday, August 19, 2015

The popular Cloverleaf shopping center, located at the corner of Summer Avenue and White Station Road, has sold according to a special warranty signed Aug. 13.

WS Summer LLC, a Tennessee limited liability company, purchased the multi-unit retail center for $4.8 million.

51. Earnings Season Roundup - Saturday, August 1, 2015

International Paper Reports Q2 Earnings Growth: International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

52. MAA Reports Surging Profits - Thursday, July 30, 2015

Mid-America Apartment Communities Inc. reported a banner second quarter highlighted by surging profits.

53. US Home Sales Surged in June to Fastest Pace in 8-Plus Years - Thursday, July 23, 2015

WASHINGTON (AP) — Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.

54. Ikea Buys Cordova Acreage For Planned Memphis Store - Tuesday, July 21, 2015

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

55. Memphis Tourism Officials: Limit Hotel Tax Breaks - Tuesday, July 21, 2015

A wave of Downtown hotel plans has officials pumping the brakes on using public incentives for smaller, limited-service hotels.

With up to a dozen Downtown hotel projects in the development pipeline, the Memphis Convention and Visitors Bureau has asked the Downtown Memphis Commission to explore limiting incentives to large, full-service hotels.

56. REIT Buys Sears Properties in Sale-Leaseback - Saturday, July 18, 2015

In part of a major transaction to increase cash flow and make their retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

57. Clark Tower to Get $6 Million in Capital Improvements - Wednesday, July 15, 2015

The venerable Clark Tower is getting an infusion of cash for capital improvements.

In-Rel Properties, which owns the East Memphis skyscraper, has executed an agreement with the building’s lender paving the way for a $6 million capital improvement project that will begin immediately.

58. REIT Buys Sears Properties in Sale-Leaseback Transaction - Wednesday, July 15, 2015

In part of a major transaction to increase cash flow and make its retail spaces more productive, Sears Holdings Corp. sold four Memphis properties to its newly formed public real estate investment trust, Seritage Growth Properties, for a combined $17.6 million.

59. Sounds Like a Hit for Neighbors - Saturday, April 25, 2015

For months, sounds of construction surrounded the Nashville Sounds’ sparkling new First Tennessee Park in Germantown.

The constant thump-thump-thump of pounding jackhammers competed with the irritating, high-pitched beeps of vehicles backing up. Ka-ching! Cranes lifted steel beams into place, keeping time with a syncopated thrumming of never-ending drilling. Ka-ching!

60. Bypass the Taxman via Property Exchange - Saturday, April 11, 2015

Most of us are ankle, knee, elbow, perhaps even chin deep in the process of filing tax returns. A recent publication noted that even those due refunds wait until the last minute to submit their bills to Uncle Sam.

61. Big Leap From Hollywood Hustle to Nolensville ‘Barn’ - Saturday, April 11, 2015

The step-grandmother of Clark Gable’s granddaughter leans back in her chair inside the Mennonite furniture store and holds up a foot.

“Look. I’m wearing orange socks. I must be eccentric,” says Linda Roberts as a gray, misty day chases me from Nolensville Road into the worn building tucked against Mill Creek.

62. Midtown Mudbugs - Tuesday, April 7, 2015

In the 20th year of a Midtown tradition, Overton Square is stronger than ever.

Bayou Bar & Grill is still the reigning host of the Overton Square Crawfish Festival, but for the first time local businesses are invited to participate by setting booths outside of their establishments and selling their unique fare during the event, to be held Saturday, April 11, from noon to 6 p.m.

63. US Home Sales Rebound Slightly in February - Tuesday, March 24, 2015

WASHINGTON (AP) – Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months.

64. Simon Property Group Launches $16 Billion Hostile Bid for Macerich - Tuesday, March 10, 2015

INDIANAPOLIS (AP) – Simon Property Group has launched a $16 billion hostile bid for Macerich Co. after saying its rival refused to discuss a combination of two of the largest U.S. mall operators.

65. 1212 Makes Statement With January Sales - Saturday, February 14, 2015

What a difference a boom makes. In 2008, when the Icon condos in the Gulch were beginning to close, the developer was under scrutiny. Some doubted the veracity of his reported sales figures.

One group even went as far as to photograph the tower under the cover of darkness in order to prove no one lived there. If the lights are out, they argued, units had not been sold.

66. Growth is Great, But Where Will Workers Live? - Saturday, February 7, 2015

For the past two years, developers, property owners and Realtors alike have been treated to what some call the best real estate market in the country. Sellers are realizing astronomical returns on their investments as they shed properties that they have been strapped with for years.

67. Pay Down That Debt by Investing in Real Estate - Saturday, January 31, 2015

My father was born (1928) and raised in Franklin, when it was a sleepy little standalone hamlet unrelated to Nashville. In the mid-90s, I met him for lunch at the Shoney’s near I-65 off of Highway 96.

68. Millennial Challenge: Do I Rent or Do I Own? - Saturday, January 17, 2015

Mike Smalling is a mortgage loan originator with F&M Mortgage and is a lifer in mortgage lending. He recently penned a book entitled “Your Mortgage Matters,” and the work provides information for those new to home buying, as well as those that have bought and sold numerous homes.

69. Caesars Entertainment to Buy Affiliate - Tuesday, December 23, 2014

LAS VEGAS (AP) – Caesars Entertainment Corporation says it will buy an affiliate as it tries to smooth the reorganization of a struggling division and balance its debt load.

70. Two In-Rel Properties Fetch $16.8 Million - Tuesday, December 23, 2014

6263 Poplar Ave. and
2670 Union Ave. Extended
Memphis, TN

71. ITT Files $5.8M Loan on Cordova Building - Saturday, December 20, 2014

ITT Technical Institute has filed a $5.8 million loan on its Cordova campus.

ITT Educational Services Inc. filed the loan on the property at 7260 Goodlett Farms Parkway in Cordova through Cerberus Business Finance LLC, an affiliate of New York-based Cerberus Capital Management, according to a Nov. 25 deed of trust.

72. ITT Files $5.8 Million Loan on Cordova Building - Tuesday, December 16, 2014

ITT Technical Institute has filed a $5.8 million loan on its Cordova campus.

ITT Educational Services Inc. filed the loan on the property at 7260 Goodlett Farms Parkway in Cordova through Cerberus Business Finance LLC, an affiliate of New York-based Cerberus Capital Management, according to a Nov. 25 deed of trust.

73. Appraisals Trail Amount Middle Tennessee Buyers Willing to Pay - Saturday, November 29, 2014

There are a few hot topics from the real estate world this week, the first being that appraisers seem to have hit the wall on the rampant price inflation.

With less inventory and more sales, sellers are resting in an enviable position inasmuch as buyers are forced to pay whatever is asked, or more, in order to acquire properties.

74. Midtown Cash Saver Property Sells for $5.3 Million - Tuesday, November 4, 2014

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

75. Turner Looks to Increase Professional Advancement in Commercial Real Estate - Saturday, November 1, 2014

Bob Turner has a diverse background in real estate, including long stints in both residential and commercial development.

76. Real Estate Rally - Saturday, November 1, 2014

Commercial real estate can offer insight into the strength of the local economy. Through the office, retail, industrial and apartment developments that mark the region the economy at work in the real world can be seen.

77. CWCapital Sheds Willow Lake Buildings - Tuesday, October 28, 2014

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

78. US Existing Home Sales Rise in September - Wednesday, October 22, 2014

WASHINGTON (AP) — U.S. homes sold in September at their fastest clip this year, a sign that the housing market is shaking off a slowdown that began in the middle of 2013.

The National Association of Realtors said Tuesday that sales of existing homes rose 2.4 percent from the previous month to a seasonally adjusted annual rate of 5.17 million. Still, the sales rate has dropped 1.7 percent over the past 12 months.

79. How Bad is Knoxville Crime? - Saturday, October 18, 2014

From murders to burglaries, most of Knoxville’s crime can be attributed to illegal drugs, police say.

But even as crime figures have remained static for years, where you live likely determines how you feel about crime and safety.

80. Surging Sales, Prices Reset Reality for Buyers - Saturday, October 18, 2014

Last week The Greater Nashville Association of Realtors (GNAR) released the sales information for the area for September, and the numbers were staggering, with sales up 19 percent.

That’s staggering in the sense that this is the third consecutive year of similar growth, and the inventory when all of this began was at 19,622. Now there are only 15,182 properties available.

81. US Existing Home Sales Fall in August - Tuesday, September 23, 2014

WASHINGTON (AP) – Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce.

Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a four-month streak of gains. August sales are down from a July rate of 5.14 million, a figure that was revised slightly downward.

82. Memphis Banks Expanding Without Actually Moving - Saturday, September 13, 2014

In banking, growth and expansion don’t have to mean scouting other cities and markets for ideal spots on which to set up new brick-and-mortar locations.

Such locations, in fact, are particularly costly propositions at a time when customers are visiting the drive-thrus and bank tellers at such locations increasingly less as mobile options proliferate. But just because a bank’s physical location doesn’t expand outside of its core market, it doesn’t mean the bank’s deal flow is confined to the same area.

83. Focus on Teens ‘At Risk of Being Homeless’ - Saturday, September 6, 2014

Not only is Crossroads Campus a successful non-profit operation that’s building a bridge to help homeless animals and potentially homeless young people, it’s also a thriving retail business operation driven by the savvy of executive director Lisa Stetar and her staff.

84. Is It Really Time to Relax Lending Standards? - Saturday, August 30, 2014

Just when you thought it was safe to believe in the wisdom of the system, they pull this.

Back in 2008, when the Great Recession made its way into Middle Tennessee and the area began to feel the pain that other regions had endured for several years, the financial world collapsed.

85. US Home Price Gains Slow in June - Wednesday, August 27, 2014

WASHINGTON (AP) – U.S. home prices increased at a slower pace in June – a cooldown that could continue for several more months.

The Standard & Poor's/Case-Shiller 20-city home price index rose 8.1 percent in June from 12 months earlier, according to a Tuesday report. That's down from 9.4 percent a month earlier and the smallest annual gain since December 2012.

86. Start Co. Graduates Newest Batch of Startups - Friday, August 22, 2014

This week’s Start Co. Demo Day, which brought together more than 500 people involved in the local ecosystem including entrepreneurs, mentors and investors, saw teams presenting their startup ideas in the hopes of securing funding and taking their concepts to the next level.

87. Gannett Splits Publishing, Broadcasting in Two - Wednesday, August 6, 2014

NEW YORK (AP) – The game of survival is on for newspapers, as USA Today owner Gannett on Tuesday became the most recent major media entity to say it will divide its print and broadcast divisions into separate companies.

88. Beale Street Landing Looks Beyond Early Curiosity - Tuesday, July 22, 2014

The Riverfront Development Corp. is filling in a calendar of events at the newly opened Beale Street Landing that stretches into the fall and demonstrates the role of programming in holding the larger public’s interest beyond those coming to the landing now out of curiosity.

89. Downtown Stakeholders Talk Office Space, Riverfront - Friday, July 18, 2014

Office space is moving east in Memphis for now.

But the head of the Downtown Memphis Commission says that doesn’t appear to be a long-term trend.

“I don’t disagree that that’s happened. I disagree that that will continue to happen over the next 20 or 30 years,” Downtown Memphis Commission president Paul Morris said on the WKNO-TV program “Behind the Headlines.” “If you look at it from the longer-term perspective across America, more and more offices are returning to downtown areas.”

90. Darden to Sell Red Lobster, Hold Onto Olive Garden - Monday, May 19, 2014

NEW YORK (AP) – Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden's fortunes.

The company, which is based in Orlando, Florida, said Friday that it would sell its seafood chain and the accompanying real estate to investment firm Golden Gate Capital in a $2.1 billion cash deal. The announcement came despite objections from some shareholders to the plan to separate Red Lobster, which was announced late last year.

91. Pinnacle Apartments Sell for $3.8 Million - Tuesday, April 22, 2014

305 S. Bellevue Blvd.
Memphis, TN 38104
Sale Amount: $3.8 million

Sale Date: April 8, 2014
Buyer: Pinnacle Apartments Property Owner LLC
Seller: Bellevue Tower II LLC
Loan Amount: $3.4 million
Loan Date: April 11, 2014
Maturity Date: May 1, 2019
Lender: JPMorgan Chase Bank NA
Details: An affiliate of Woodbury, N.Y.-based CLK Properties has paid $3.8 million for the 118-unit Pinnacle Apartments at 305 S. Bellevue Blvd. in Midtown.

92. Hillview Village Apartments Sell for $5.9 Million - Tuesday, April 8, 2014

2051 E. Alcy Road
Memphis, TN 38114
Sale Amount: $5.9 million

Sale Date: March 27, 2014
Buyer: 2013 Hillview LP
Seller: Alcy Partners LP
Details: The 265-unit Hillview Village Apartments at 2051 E. Alcy Road in the Defense Depot neighborhood have sold for $5.9 million.

93. US Home Market: Few Buyers and Not Enough Sellers - Friday, April 4, 2014

WASHINGTON (AP) – Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.

94. Millington Dollar General Sells for $3.2 Million - Wednesday, April 2, 2014

The 9,301-square-foot Dollar General store at 8021 Austin Peay Highway in Millington has sold for $3.2 million.

Cash Properties LLC bought the retail property in a March 25 warranty deed from Ware Properties LLC, the Coldwater, Miss.-based company that developed this property and also has developed numerous Dollar General stores in the area.

95. Butler Sevier Law Firm Expands Downtown - Friday, February 21, 2014

Butler, Sevier, Hinsley & Reid PLLC law firm has expanded its presence at 88 Union Ave.

96. Reedy Thriving As Housing Investments Skyrocket - Tuesday, February 18, 2014

Jim Reedy began selling real estate in 1976 while he was a student at the University of Memphis, and within three years, he moved into selling investment properties.

97. Office Occupancy Ends 2013 on High Note - Tuesday, February 4, 2014

An unusually strong fourth quarter helped push the overall Memphis office market occupancy rate into positive territory for 2013, according to year-end commercial real estate market reports.

The Memphis market recorded absorption of 225,338 square feet in the fourth quarter – the largest positive absorption the market has experienced during any quarter in more than 10 years – to end the year with positive net absorption of 40,558 square feet, according to CB Richard Ellis Memphis.

98. Chasing Growth - Saturday, October 26, 2013

The pressure to show investors growth and a return is one of the most basic realities of operating as a public company.

And the three Memphis-based companies on this year’s Fortune 500 list are pressing forward on their own distinct paths toward satisfying that pressure.

99. Mary Carter Decorating Center to Grow, Relocate - Friday, September 13, 2013

A venerable Memphis cake decorating and supply store is moving to a new location on Summer Avenue.

Mary Carter Decorating Center signed a 4,800-square-foot lease in Cloverleaf Shopping Center at 733 N. White Station Road.

100. Liftoff - Friday, August 9, 2013

Hot-air balloonists will take to the Tunica skies this weekend as the second annual Tunica Balloon Bash is planned at five sponsoring Tunica casinos.

Sponsors Fitz Tunica Casino & Hotel, Gold Strike Casino Resort, Hollywood Casino Tunica, Horseshoe Tunica Hotel & Casino, Sam’s Town Hotel & Casino and the Tunica Convention and Visitors Bureau will welcome more than 35 balloons to this year’s event, Aug. 9-11, featuring more than $12,000 in competitive prize money.