Memphis-based Fogelman Properties has acquired a 328-unit multifamily community in Raleigh, North Carolina, for $43.4 million.

Built in 1988, Lake Cameron Apartments was 95 percent occupied at the time of purchase and features one-, two-, and three-bedroom units ranging from $848 to $1,249 per month.

2. Fogelman Properties Acquires N.C. Apartment Community - Friday, March 30, 2018

Memphis-based Fogelman Properties has acquired a 328-unit multifamily community in Raleigh, North Carolina, for $43.4 million.

Built in 1988, Lake Cameron Apartments was 95 percent occupied at the time of purchase and features one-, two-, and three-bedroom units ranging from $848 to $1,249 per month.

3. Nordstrom Rack Files $1.5M Permit for Memphis Store - Thursday, January 5, 2017

4572 Poplar Ave.

Memphis, TN 38117

Permit Amount: $1.5 million

Project Cost: $25.2 million

Application Date: December 2016

4. Germantown Park Offices Sell for Nearly $48 Million - Saturday, December 31, 2016

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $50 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

5. Germantown Park Offices Sell for Nearly $48 Million - Friday, December 30, 2016

A large office park near the intersection of Germantown Parkway and Walnut Grove Road in Cordova has been sold for nearly $48 million.

New York-based DRA Advisors LLC, acting as DRA CRT Germantown Center LP, sold six parcels to Real Capital Solutions, acting as EAT-1615 LLC, for $47.8 million.

6. Binghampton Retail Plan Goes to Land Use Board - Tuesday, August 11, 2015

Neighborhood retail in Binghampton tops the Thursday, Aug. 13, agenda of the Memphis-Shelby County Land Use Control Board.

Among the 25 items on the board’s agenda is Binghampton Development Corp.’s request for a planned development to accommodate a retail center with grocery store on 4.87 acres at Sam Cooper Boulevard and Tillman Street.

7. Binghampton Retail Plan Goes to Memphis Land Use Board - Saturday, August 8, 2015

Neighborhood retail in Binghampton tops the Thursday, Aug. 13, agenda of the Memphis-Shelby County Land Use Control Board.

Among the 25 items on the board’s agenda is Binghampton Development Corp.'s request for a planned development to accommodate a retail center with grocery store on 4.87 acres at Sam Cooper Boulevard and Tillman Street.

8. Carriage Ride - Monday, August 3, 2015

Carriage Crossing is experiencing strong leasing activity and rising sales numbers as it prepares for multinational clothing retailer H&M to open its first Memphis-area location this month.

In recent months, the Collierville lifestyle center landed the H&M store, which the Swedish retailer says it plans to open Aug. 13, an Off Broadway Shoe Warehouse and a Hickory Tavern restaurant.

9. Fogelmans, DRA Acquire The Bristol on Union - Saturday, June 6, 2015

A joint venture of Memphis-based Fogelman Venture Partners and New-York-based DRA Advisors have acquired the lease for The Bristol on Union, a 220-unit apartment community at Union Avenue and Interstate 240 near the Memphis Medical District.

10. Fogelmans, DRA Advisors Acquire The Bristol on Union - Wednesday, June 3, 2015

A joint venture of Memphis-based Fogelman Venture Partners and New-York-based DRA Advisors have acquired the lease for The Bristol on Union, a 220-unit apartment community at Union Avenue and Interstate 240 near the Memphis Medical District.

11. Bristol on Union, Crowne Plaza Poised For Sales - Saturday, April 18, 2015

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

12. Bristol on Union, Crowne Plaza Memphis Poised for Sales - Wednesday, April 15, 2015

Two key pieces of commercial real estate – one Downtown and one in the Memphis Medical District – are poised to trade hands.

A joint venture between New York-based DRA Advisors LLC and Memphis-based Fogelman Properties LLC have entered into an agreement to acquire the 220-unit Bristol on Union apartment community at Union Avenue and Interstate 240 from Sentinel Real Estate Corp, which has owned and operated the property since 2006.

13. The Preserve at Southwind Sells for $28 Million - Tuesday, January 6, 2015

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $28 million

Sale Date: Dec. 22, 2014
Buyer: Southwind Apartments LP
Seller: G&I VII Preserve at Southwind Apartments LP
Loan Amount: $18 million
Loan Date: Dec. 18, 2014
Maturity Date: Oct. 31, 2020
Lender: Jackson National Life Insurance Co.
Details: A team that includes Memphis-based Foegelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

14. Southwind Apartments Sell for $28 Million - Saturday, January 3, 2015

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

15. Southwind Apartments Sell for $28 Million - Tuesday, December 30, 2014

A team that includes Memphis-based Fogelman Venture Partners has sold The Preserve at Southwind apartment community for $28 million.

G&I VII Preserve at Southwind LLC, a joint venture between Rick and Mark Fogelman and New York-based DRA Advisors LLC, sold the 306-unit complex to Colorado-based Preserve at Southwind Apartments LP, an affiliate of Continental Realty Advisors Ltd., according to a Dec. 22 warranty deed. The sellers acquired the property for $22.1 million in 2011.

16. Brook Chase Apartments Will Receive Upgrades - Saturday, December 6, 2014

The Brook Chase Apartments in Germantown are about to get a makeover.

Memphis-based Fogelman Properties and New York-based DRA Advisors LLC, which teamed up this year to acquire the property for $31.1 million, plan on making significant upgrades to the 280-unit apartment community at 7865 Grove Court West.

17. Brook Chase Apartments Will Receive Upgrades - Wednesday, December 3, 2014

The Brook Chase Apartments in Germantown are about to get a makeover.

Memphis-based Fogelman Properties and New York-based DRA Advisors LLC, which teamed up this year to acquire the property for $31.1 million, plan on making significant upgrades to the 280-unit apartment community at 7865 Grove Court West.

18. Brook Chase Apartments Sells for $31.1 million - Saturday, October 11, 2014

The 280-unit Brook Chase Apartments community in Germantown has been sold for $31.1 million.

Brook Chase Apartments Partnership LLC, an affiliate of Germantown-based Sentinel Real Estate Corp., sold the complex to G & I VIII Brook Chase LLC, an affiliate of New York City-based DRA Advisors LLC, according to an Oct. 3 special warranty deed. G & I VIII Brook Chase LLC also filed a $22.1 million loan with CBRE Capital

19. Brook Chase Apartments Sells for $31.1 million - Tuesday, October 7, 2014

The 280-unit Brook Chase Apartments community in Germantown has been sold for $31.1 million.

Brook Chase Apartments Partnership LLC, an affiliate of Germantown-based Sentinel Real Estate Corp., sold the complex to G & I VIII Brook Chase LLC, an affiliate of New York City-based DRA Advisors LLC, according to an Oct. 3 special warranty deed. G & I VIII Brook Chase LLC also filed a $22.1 million loan with CBRE Capital Markets Inc., according to an Oct. 3 multifamily deed of trust.

20. Music Lounge to Open in Edge District - Friday, July 25, 2014

The Edge District near Downtown lost a theater but is gaining a new live music lounge in August.

The Dizzy Bird, named after legendary Jazz greats John “Dizzy” Gillespie and Charlie “Bird” Parker, is slated to open Aug. 2 at 652 Marshall Ave.

21. Addison at Collierville Owner Files $17 Million Loan - Tuesday, July 8, 2014

400 Orchard Circle
Collierville, TN 38017
Loan Amount: $16.8 million

Loan Date: July 1, 2014
Maturity Date: July 1, 2021
Borrower: G&I VII Addison at Collierville LLC
Lender: CBRE Capital Markets Inc.
Details: The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

22. Addison at Collierville Owner Files $17 Million Loan - Friday, July 4, 2014

The owner of the 226-unit Addison at Collierville apartments at 400 Orchard Circle W. has filed a $16.8 million loan on the property.

23. Fogelman Partnership Acquires Kansas Apartments - Saturday, December 7, 2013

A joint venture comprised of Memphis-based Fogelman Venture Partners and New

York-based DRA Advisors LLC has acquired The Savoy, a 252-unit apartment community in the Kansas City, Kan., suburb Overland Park.

24. Fogelman Partnership Acquires Kansas Apartments - Wednesday, December 4, 2013

A joint venture comprised of Memphis-based Fogelman Venture Partners and New

York-based DRA Advisors LLC has acquired The Savoy, a 252-unit apartment community in the Kansas City, Kan., suburb Overland Park.

25. Panattoni’s Speculative Warehouse Underway - Friday, October 18, 2013

In industrial development news, construction on Panattoni Development Co.’s speculative industrial building in Marshall County, Miss., is progressing.

26. Arnot Joins Hillwood as Market Director - Saturday, February 9, 2013

Dallas-based Hillwood Investment Properties has hired Bates Arnot as market director.

Arnot will be responsible for marketing and leasing industrial properties in the Dallas and Memphis markets.

27. Arnot Joins Hillwood as Market Director - Friday, February 8, 2013

Dallas-based Hillwood Investment Properties has hired Bates Arnot as market director.

Arnot will be responsible for marketing and leasing industrial properties in the Dallas and Memphis markets.

28. Changing Market - Wednesday, January 2, 2013

Much of 2012’s commercial real estate deals could be summed up in one of three phrases: speculative construction, institutional buyers and unusual transactions.

The first quarter was kicked off when Industrial Developments International Inc. revealed plans to add one build-to-suit and two speculative buildings in its Crossroads Distribution Center in Olive Branch – marking the area’s first spec construction since 2008.

29. Fogelman Partnership Buys Atlanta Apartments for $44 Million - Saturday, December 29, 2012

A joint venture with Memphis-based Fogelman Venture Partners and New York-based DRA Advisors LLC acquired The Residences at Northlake Apartments in Atlanta and concurrently renamed the community CityNORTH Apartments.

30. Fogelman Partnership Buys Atlanta Apartments for $44 Million - Friday, December 28, 2012

A joint venture with Memphis-based Fogelman Venture Partners and New York-based DRA Advisors LLC acquired The Residences at Northlake Apartments in Atlanta and concurrently renamed the community CityNORTH Apartments.

31. Rheumatology Clinic Buys Germantown Office Building - Tuesday, November 27, 2012

7660 Poplar Pike Germantown, TN 38138

Sale Amount: $986,850

Sale Date: Nov. 14, 2012

32. California Investor Buys Apartments for $25.5 Million - Wednesday, November 21, 2012

Torrance, Calif.-based Arenda Capital Management LLC has bought its second Memphis-area multifamily property this year, paying $25.5 million for the Grove at Trinity Pointe apartments at 555 Wood Arbor Parkway in Cordova.

33. Retail Rebranding - Tuesday, November 20, 2012

Collierville has lost an avenue. The town’s 60-acre “lifestyle center” – the largest in the Memphis metropolitan area – has changed its name as part of a transition started this spring, when Memphis-based Poag Lifestyle Centers bought what then was known as The Avenue Collierville.

34. Fogelman Partnership Buys Houston Apartments - Monday, November 5, 2012

A joint venture with Memphis-based Fogelman Venture Partners and New York-based DRA Advisors LLC recently acquired two apartment communities in Houston.

35. Capital Influx - Monday, October 29, 2012

Capital is finally being set free in the Memphis industrial market, with opportunities on both the buy and sale side of investment deals.

Nearly $200 million has been spent since June, as public and private institutional buyers alike make large plays.

36. Grant Entity Files $20M Loan For Collierville Construction - Tuesday, August 7, 2012

25 acres north
Of Shea Road

Loan Amount: $20.4 million

Loan Date: July 31, 2012

Maturity Date: Aug. 1, 2017

Borrower: Westbrook Crossing GP

Lender: Magna Bank

37. Carriage Crossing Owners File $40 Million Loan - Friday, August 3, 2012

The new owners of Collierville lifestyle center Carriage Crossing have filed a $40 million loan for the property through Wells Fargo Bank.

38. G&I Sells 2 Multifamily Sites For Combined $55.8 Million - Tuesday, July 3, 2012

160 Madison Farms Drive
Collierville, TN 38017

Sale Amount: $32 million

Sale Date: June 20, 2012

39. Bailey Creek Apts. Sells for $23.8M - Monday, July 2, 2012

The 232-unit Bailey Creek Apartments in Collierville has sold for $23.8 million to New York-based private real estate investment firm Somerset Partners LLC, marking Somerset’s fourth Memphis-area purchase.

40. Madison at Schilling Farms Sells for $32 Million - Tuesday, June 26, 2012

Arenda Capital Management, a Los Angeles-based private real estate investment firm, has bought the 324-unit Madison at Schilling Farms apartment complex in Collierville for $32 million.

Arenda, working under the name Madison 324 LLC, closed on the purchase from G&I IV Madison LP on Wednesday, June 20. G&I is a joint venture between New York-based investment advisor DRA Advisors LLC and Memphis’ Fogelman Properties.

41. Fla. Company Buys Cordova Retail Center - Friday, June 8, 2012

Coral Springs, Fla.-based Swiss Capital Group LLC has acquired The Shops of Woodland Hills in Cordova for $3.1 million.

42. DRA Advisors Closes on Two Shelby Drive Warehouses - Friday, June 1, 2012

New York-based DRA Advisors LLC has closed on two Memphis warehouse properties for $12.3 million, as part of a larger portfolio purchase from Houston-based Weingarten Realty Investors.

43. $17M in Permit Applications Filed for Miller Creek Apts. - Tuesday, May 22, 2012

Miller Creek Apartments
Germantown, TN 38125

Permit Cost: $17.2 million (20 permits)

Permit Date: Applied May 2012

Owner: Miller Creek Residences LLC

44. $55M in Warranty Deeds Filed for Carriage Crossing - Tuesday, May 15, 2012

Three warranty deeds totaling $55 million have been filed with the Shelby County Register of Deeds related to the sale of The Avenue Collierville lifestyle center, formerly known as The Avenue at Carriage Crossing.

45. Poag, N.Y. Investor Buy The Avenue - Friday, May 11, 2012

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

46. Poag, N.Y. Investor Buy The Avenue - Thursday, May 10, 2012

The Avenue Collierville – the largest lifestyle center in the Memphis metropolitan area at Houston Levee Road and Bill Morris Parkway – has been bought by an affiliate of Memphis-based Poag Lifestyle Centers.

47. Weingarten Realty to Sell Two Industrial Properties - Friday, April 13, 2012

Weingarten Realty Investors, a Houston-based owner, manager and developer of shopping centers, is preparing to sell its wholly-owned industrial portfolio – which includes two properties in Memphis – to New York-based DRA Advisors LLC for $382.4 million.

48. Site Work for St. Jude Tower Part of Permit Application - Tuesday, March 13, 2012

315 Danny Thomas Place
Memphis, TN 38105

Permit Cost: $5 million

Project Cost: $190 million

49. Hunter's Trace Apts. Financed for $11M - Tuesday, March 6, 2012

Hunters Trace LLC has financed Hunters Trace Apartments through CBRE Capital Markets Inc. for $10.9 million.

50. Dogwood Creek Apts. Sell for $26 Million - Monday, March 5, 2012

Dogwood Creek, a 278-unit apartment community constructed in 1997 in Collierville, sold to New York-based Somerset Partners LLC on Wednesday, Feb. 29, for $26 million, or $93,525 per unit.

51. Preserve at Southwind Apts. Sell for $22.2 Million - Tuesday, October 25, 2011

7991 Capilano Drive
Memphis, TN 38125
Sale Amount: $22.2 million

Sale Date: Oct. 12, 2011

52. Preserve at Southwind Sells for $22.2 Million - Thursday, October 20, 2011

The Preserve at Southwind apartment complex has sold for $22.2 million. G&I VII Preserve at Southwind LLC, an affiliate of New York-based DRA Advisors LLC, bought the 306-unit complex from 7991 Capilano Drive Holdings LLC. The purchase was financed with a $15.4 million loan through CW Capital LLC.

53. Plans Move Ahead For Cordova Staples - Tuesday, August 9, 2011

1.7 acres in
Galleria of Memphis
Sale Amount: $850,000

Sale Date: July 26, 2011

Buyer: TN Cordova Germantown LLC

54. Madison Humphreys Center Financed for $18.8 Million - Friday, August 5, 2011

Madison Humphreys Center LLC has filed an $18.8 million loan for Madison Humphreys Center, a 300-unit apartment complex built in 2001 at 300 N. Humphreys Blvd. The loan, through CBRE Capital Markets Inc., matures in August 2018.

55. CRE Sales Increase 20 Percent In June - Tuesday, August 2, 2011

Local commercial real estate sales improved in all categories last month, strongly aided by two big-ticket multifamily sales.

Shelby County saw 53 CRE sales in June, a 20 percent increase from 44 sales in June 2010, and a 4 percent boost from 51 in May, according to the latest information from real estate information company Chandler Reports, www.chandlerreports.com.

56. Orchards of Collierville Sells for $15.7M - Friday, June 24, 2011

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

57. Orchards of Collierville Sells for $15.7M - Thursday, June 23, 2011

The Orchards of Collierville – a 226-unit apartment community at 400 Orchard Circle W. – has sold for $15.7 million.

58. Fogelman Joint Venture Buys Ga. Apt. Complex for $17.4M - Monday, June 6, 2011

A joint venture between Fogelman Venture Partners and New York-based DRA Advisors LLC announced it recently acquired the 350-unit Legacy Key Apartments in Sandy Springs, Ga., a community in the Atlanta metro area, for $17.4 million.

59. Interstate Brands Renews, Expands Lease - Friday, January 14, 2011

Interstate Brands Corp. has renewed and expanded its lease in the Germantown Park - Kimbrough Building in Cordova, more than doubling its footprint.

60. Transformation of 109-Year-Old Downtown Building Moves Forward - Tuesday, March 31, 2009

59 S. Main St.
Memphis, TN 38103
Permit Amount: $1.5 Million

Project Cost: $2 million
Permit Date: Applied March 2009
Completion: Varies
Owner: Frix Properties
Tenant: Mixed (Frix-Jennings Clinic, coffee shop, apartments)
Contractor: Frix Properties

61. UTMG Renovation To Begin at Midtown Tower - Thursday, March 26, 2009

Investec Realty Services Inc., manager of the 1407 Union Ave. building in Midtown, has filed a $501,000 permit application with the city-county Office of Construction Code Enforcement to renovate 80,000 square feet on seven floors of the building for the University of Tennessee Medical Group Inc.

62. Collierville, Memphis ApartmentsSell for Nearly $36 Million - Friday, April 6, 2007
     Dogwood Creek Apartments in Collierville and Hunters Trace Apartments in Memphis have sold for $35.8 million.
     G&I V Dogwood Creek LLC bought the Collierville complex from Dogwood Creek-

63. DRA Advisors BuysMid-Memphis Tower - Tuesday, February 13, 2007

     New York-based DRA Advisors LLC, owners of the Koger Center in East Memphis, have bought a 416,000-square-foot Mid-Memphis Tower office building at 1407 Union Ave.
     G&I V Mid Memphis

64. Archived Article: Daily Digest - Friday, October 24, 2003
Collierville Apartments

Collierville Apartments

Sell for $38.4 Million

Two Collierville Class-A apartment communities, Madison at Schilling Farms and Bailey Creek, have sold for a combined price of $38.35 million. The properties were purcha...

65. Archived Article: Real Review - Tuesday, March 11, 2003
CB Richard Ellis brokers deal

CB Richard Ellis brokers deal

for pair of Miss. apartments

Two apartment communities in Jackson, Miss., sold Feb. 28 for a combined price of $5.3 million, or $20,100 per unit.

Blake Pera and Steve Rudesill o...