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Editorial Results (free)

1. EdR to Be Acquired In $4.6 Billion Deal -

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.

2. EdR to be Acquired in $4.6 Billion Deal -

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.

3. Digest -

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.

4. EdR Sees Drop In Q2 Net Income -

Memphis-based collegiate housing management and development specialists EdR posted second-quarter net income of $6.1 million, or 7 cents per diluted share, the company announced Monday, July 31.

While this figure is much lower than the $17.7 million, or 26 cents per diluted share, from the second quarter of last year, the company attributed the decline to a $12.1 million gain from the sale of collegiate housing properties during the year-ago period.

5. EdR Sees Drop In Q2 Net Income -

Memphis-based collegiate housing management and development specialists EdR posted second-quarter net income of $6.1 million, or 7 cents per diluted share, the company announced Monday, July 31.

While this figure is much lower than the $17.7 million, or 26 cents per diluted share, from the second quarter of last year, the company attributed the decline to a $12.1 million gain from the sale of collegiate housing properties during the year-ago period.

6. EdR Sees Net Income Drop in Q2 -

Memphis-based collegiate housing management and development specialists EdR posted second-quarter net income of $6.1 million, or 7 cents per diluted share, the company announced Monday, July 31.

While this figure is much lower than the $17.7 million, or 26 cents per diluted share, from the second quarter of last year, the company attributed the decline to a $12.1 million gain from the sale of collegiate housing properties during the year-ago period.

7. EdR Reports $3.5M Loss For Third Quarter -

Memphis-based EdR recorded a net loss of $3.5 million, or 5 cents per share, in the third quarter, the real estate investment trust reported Oct. 31. That compares to a net loss of $4.7 million, or 10 cents per share, during the same period a year ago.

8. EdR Reports $3.5M Loss For Third Quarter -

Memphis-based EdR recorded a net loss of $3.5 million, or 5 cents per share, in the third quarter, the real estate investment trust reported Monday, Oct. 31. That compares to a net loss of $4.7 million or 10 cents per share, during the same period a year ago.

9. EdR Reports $17.6M Net Income for Q2 -

Memphis-based EdR saw a dramatic increase in its second-quarter net income, reaching $17.6 million, or 26 cents per share, in the quarter ended June 30. That compares with net income of $2.9 million, or 6 cents per share, a year ago, the company said when it reported earnings Monday, Aug. 1.

10. EdR Reports $17.6M Net Income for Q2 -

Memphis-based EdR saw a dramatic increase in its second-quarter net income, reaching $17.6 million, or 26 cents per share, in the quarter ended June 30. That compares with net income of $2.9 million, or 6 cents per share, a year ago, the company said when it reported earnings Monday, Aug. 1.

11. Memphis Marketing Group Names New Board Members -

The Memphis Chapter of the American Marketing Association has announced the chapter’s 2016-2017 board of directors, which includes four new members. All terms took effect July 1.

Mary Stratton, director of marketing at Power & Tel, will lead the chapter as president, and Wendy-Sumner Winter, senior director of communications and marketing at Christian Brothers University, will serve as president-elect.

12. Cloverleaf Shopping Center Sells in $4.8 Million Deal -

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

13. Rental Company Buys 7 Homes Near U of M -

A Germantown-based rental-home company has purchased seven houses near the University of Memphis for $617,000.

Blue & White Properties bought the homes at 572, 582 and 588 Watson St., 590 Loeb St., 737 Shotwell St., 705 S. Graham St. and 3739 Spottswood Ave. from Collegiate Properties LLC, according to a March 31 warranty deed.

14. REIT Acquires Three Hotels for $39.6 Million -

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard
Memphis, TN
Sale Amount: $39.6 million

15. Rental Company Buys 7 Homes Near University of Memphis -

A Germantown-based rental-home company has purchased seven houses near the University of Memphis for $617,000.

Blue & White Properties bought the homes at 572, 582 and 588 Watson St., 590 Loeb St., 737 Shotwell St., 705 S. Graham St. and 3739 Spottswood Ave. from Collegiate Properties LLC, according to a March 31 warranty deed.

16. Tigers Sports Properties Names General Manager -

Learfield Sports has appointed Lucas Kraut general manager for its locally based Tiger Sports Properties entity, the exclusive multimedia rights holder for University of Memphis Athletics. The U of M is one of the nearly 100 collegiate properties represented by Learfield Sports.

17. Tigers Sports Properties Names New General Manager -

Learfield Sports has appointed Lucas Kraut general manager for its locally based Tiger Sports Properties entity, the exclusive multimedia rights holder for University of Memphis Athletics.

The U of M is one of the nearly 100 collegiate properties represented by Learfield Sports.

18. Performance Ranges Widely at Local Companies -

Here’s a snapshot of the recent performance of some of Memphis’ publicly traded companies – businesses that cast a shadow far beyond the Memphis city limits in industries including finance, package delivery and bioscience.

19. Visible Music College Files $3.2 Million Loan -

200 Madison Ave.
Memphis, TN 38103
Loan Amount: $3.2 million

Loan Date: Aug. 30, 2013
Maturity Date:
Borrower: Visible Music College
Lender: Renasant Bank
Details: Visible Music College has filed a $3.2 million loan on its Downtown campus at 200 Madison Ave.

20. EdR Purchases Interest in Elauwit Networks -

EdR – a Memphis-based owner, developer and manager of collegiate housing – has purchased a 10 percent interest in Elauwit Networks, a Charleston, S.C.-based provider of Internet access, high-definition video and telephone service.

21. EdR Purchases Interest in Elauwit Networks -

EdR – a Memphis-based owner, developer and manager of collegiate housing – has purchased a 10 percent interest in Elauwit Networks, a Charleston, S.C.-based provider of Internet access, high-definition video and telephone service.

22. EdR Announces Agreement For Penn State Community -

EdR, a Memphis-based developer, owner and manager of collegiate housing, has announced a $3 million mezzanine investment and an option-to-purchase agreement with Landmark Properties for The Retreat at State College, a 587-bed, cottage-style community to be built 1.2 miles from the Penn State campus.

23. EdR Announces Executive Additions -

EdR, a Memphis-based developer, owner and manager of collegiate housing, has announced the addition of several key executives: Scott Barton, vice president of acquisitions; Liz Keough, vice president and general counsel; Randy Simpson, vice president of information technology; and James Kenner, director of interior design.

24. Memphis-Based EdR Wins Four Innovator Awards -

EdR – a Memphis-based developer, owner and manager of collegiate housing – recently received four Innovator Awards at the 2012 Interface Conference sponsored by Student Housing Business magazine.

25. EdR to Develop Ole Miss Housing -

Memphis-based collegiate housing company EdR has executed agreements with Landmark Properties to develop, own and manage a $36 million community near the University of Mississippi in Oxford, Miss.

The announcement comes Thursday, Feb. 23 – the same day EdR will release its fourth quarter financial results after market close.

26. EdR to Develop Ole Miss Housing -

Memphis-based collegiate housing company EdR has executed agreements with Landmark Properties to develop, own and manage a $36 million community near the University of Mississippi in Oxford, Miss.

The announcement comes Thursday, Feb. 23 – the same day EdR will release its fourth quarter financial results after market close.

27. Education Realty Trust Rebrands, Promotes Key Execs -

Memphis-based Education Realty Trust Inc. has had a busy few months, ending fourth-quarter 2011 with several new properties in hand and starting 2012 by turning over a new leaf entirely – to be more specific, a new name, a new logo, new positions for several key executives and a $28 million acquisition.

28. Education Realty Trust Sells Morrow, Ga., Apartments -

Education Realty Trust Inc. – a Memphis-based developer, owner and manager of collegiate housing – has completed the sale of a Morrow, Ga., apartment community for $20.5 million.

29. Carlisle Corp. Continues Work on New Headquarters -

263 Wagner Place
Memphis, TN 38103
Loan Amount: $2.1 million

Loan Date: June 15, 2010
Maturity Date: June 15, 2014
Borrower: Carlisle Landing LLC
Lender: Regions Bank

30. Finish Line in Sight for Renovation Of Memphis Business Academy -

3306 Overton Crossing
Memphis, TN 38127
Loan Amount: $1.9 Million

Loan Date: Feb. 23, 2010
Maturity Date: Feb. 23, 2013
Borrower: Memphis Business Academy
Lender: Regions Bank

31. Howard Named Prez-Elect Of Collegiate Registrars And Admissions Officers -

Kate Howard has been named president-elect of the Tennessee Association of Collegiate Registrars and Admissions Officers.

32. Education Realty Trust Buys California Development -      Memphis-based Education Realty Trust Inc. has acquired the 218,000-square-foot University Village Towers in Riverside, Calif., for $45 million. Education Realty bought the housing complex from Irvine-based R.D. Olson Dev

33. Archived Article -

In recent years the Memphis area has attracted or seen plans for large-scale developments - sports venues like Gameday Sports Academy and Mike Rose soccer fields, casino projects like the Myriad Botanical Resort, office/residential/entertainment developments like Forest Hill Plaza and Downtown developments like Bass Pro Shops.