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Editorial Results (free)

1. RBG Promotes Callicutt To Audit Partner -

Accounting firm Reynolds, Bone & Griesbeck PLC recently promoted Joseph D. Callicutt Jr. to audit partner from the position of senior audit manager. Callicutt, a certified public accountant and 10-year RBG employee, works exclusively in the financial institutions industry niche and oversees audit, tax and consulting services, including outsourced internal audit, interest rate risk management, bank profitability and efficiency, and strategic planning facilitation for RBG’s financial institution clients. 

2. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

3. These Retailers Could Use Some Holiday Cheer -

NEW YORK (AP) – The holiday shopping season is always a make-or-break period for struggling retailers.

But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 percent of the retail industry's annual sales to bounce back.

4. Stonewall Jackson's Little Slice of Heaven in Brentwood -

“Everybody has to meet his Waterloo,” sings honky-tonk hero Stonewall Jackson in his breakthrough No. 1 hit back in 1959.

Of course, that line, the entire song really, means everybody must meet his or her fate someday.

5. CWCapital Sheds Willow Lake Buildings -

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

6. Willow Lake Sales Positive News For The Market -

The sale this week of five properties inside Willow Lake Business Park and Corporate Park for $4.2 million was welcome news for several reasons.

For one, true owners tend to take much better care of properties and market them more aggressively than special servicers like Bethesda, Md.-based CWCapital Asset Management.

7. Willow Lake Building Sold for $1.9 million -

Another building inside Willow Lake Business Park and Corporate Park in Hickory Hill has been sold for $1.9 million.

Willow Lake Business Park LLC acquired 3592 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management, according to an Oct. 13 warranty deed.

8. Two Willow Lake Buildings Sold for $1.9 Million -

Two buildings inside Willow Lake Business Park and Corporate Park in Hickory Hill have been sold for $1.9 million.

Eagle Capital LLC acquired 3900 Willow Lake Blvd. and 4100 Willow Lake Blvd. from 198-6 Memphis Industrial Portfolio Holdings LLC, which is affiliated with Bethesda, Md.-based special servicer CWCapital Asset Management LLC, according to an Oct. 13 warranty deed.

9. Recruiter’s Career Twist -

Ask Janet Miller about her remarkable career at the Nashville Area Chamber of Commerce and she’ll likely attribute it to good timing or pass credit onto others.

10. Southern Airways Raising Capital for Growth -

Memphis-based carrier Southern Airways is raising a new round of capital to fund its plans for growth across the company’s five-state footprint.

Southern Airways Corp. chairman Stan Little said the next round of funding will help the company secure more aircraft, expand its routes and add other new resources. To date, funding came initially from private Mississippi investors, but the next level is being considered by a group of venture capitalists out of New York.

11. Made in Memphis -

Memphis’ geography is limited to roughly 300 square miles, but its identity stretches beyond the city limits, resonating to the far corners of the globe.

The city’s brand has obvious cornerstones, such as its place in the nation’s cultural topography. But setting aside those no-brainers, like the rock ‘n’ roll innovator whose mansion in Whitehaven still attracts gawkers from around the world, a lot of what makes Memphis’ story is the story of what’s made in Memphis.

12. Memphis Marriott Sells for $12.4 Million in Foreclosure -

2625 Thousand Oaks BlvdMemphis, TN 38118

Sale Amount: $12.4 million

13. Autumnwood Apartments Sells for $13.5 Million -

The 324-unit Autumnwood Apartments, situated at the southwest corner of Kirby Parkway and Mount Moriah Road Extended, has sold for $13.5 million to an entity named Autumnwood Investments LLC.

14. Highland Meadows Sells for $5.5 Million -

5045 Airways Blvd.
Memphis, TN 38116

Sale Amount: $5.5 million

Sale Date: April 25, 2012

15. Airlines Begin Canceling Flights as Irene Nears -

Airlines began to cancel flights and get planes out of the way as Hurricane Irene barreled toward the U.S. mainland on Thursday.

The storm will likely force hundreds of flights to be cancelled through this weekend and create delays that could ripple across the country.

16. MIM Theme Still on at Metal Museum -

Memphis in May 2011 is over, but the celebration continues at the Metal Museum where antique Belgian firearms and outrageous barbecue cookers offer a taste of culture and whimsy.

With “Antique Guns from the Liege Arms Museum” the Metal Museum displays its first all-gun exhibition.

17. Corner Park Complex Sells for $558K in Foreclosure -

4150 Winchester Road
Memphis, TN 38118
Sale Amount: $558,000

Sale Date: Oct. 26, 2010
Buyer: City National Bank
Seller: City National Bank via Stewart Title of Memphis Inc.
Original Borrower: Alterra Corners LLC
Original Lender: City National Bank
Original Loan: $3.6 million
Original Loan Date: February 2007

18. Dow Falls Below 11,000 as Dollar Rises -

NEW YORK (AP) — A stronger dollar and a surprise interest rate hike in China that may slow that country's economy helped push stocks sharply lower Tuesday.

The Dow Jones industrial average fell below 11,000 for the first time in a little more than a week, reversing a streak that had sent the index up nearly 8 percent for the year.

19. Service Sector Growth Accelerates in September -

NEW YORK (AP) – The U.S. service sector, the nation's predominant employer, expanded in September for a ninth straight month, although the growth has not been consistent enough to dent the high unemployment rate.

20. Americans Spend More in May, See Incomes Rise -

WASHINGTON (AP) – Americans spent a little more in May but not enough to speed along the economic recovery.

Consumer spending rose 0.2 percent last month after no change in April, the Commerce Department said Monday.

21. Retailers' Stores Thinly Stocked; Profits Won't Be -

ATLANTA (AP) - Retailers have thin inventories after coming out of Christmas with slightly better-than-expected sales.

Some retailers kept inventory so low they've had to bring in new merchandise to restock shelves, a rare move this soon after Christmas.

22. Golf Performance Center Slated For Timberlake’s Mirimichi -

6129 Woodstock Cuba Road
Millington, TN 38053
Permit Amount: $1.3 Million

Project Cost: $1.3 million
Permit Date: Applied October 2009
Completion: 2010
Owner: Big Creek Golf LLC
Tenant: Callaway Performance Center
Contractor: Eagle Contractors Inc.
Architect: N/A

23. After the Fall: The messy cleanup of Stanford Financial -

R. Allen Stanford, the Texas billionaire now passing time in a Texas jail for his role in what U.S. regulators have called a “massive Ponzi scheme,” once told a roomful of his employees they ought to have three priorities in life.

24. American Airlines Parent Gets $2.9B, Shifts Routes -

ATLANTA (AP) - American Airlines' parent company said Thursday it is taking on significant new debt at a time when revenues are being hammered, but the $2.9 billion in cash and fresh financing it raised should quiet concerns – for now – that it is in danger of a cash crunch and a bankruptcy filing.

25. Tupelo Trucking Company Continues to Grow -

TUPELO, Miss. (AP) - A family-run freight brokerage business that started in Tupelo in 1990 has become bigger than its owners ever dreamed, and it's still growing.

Joe and Kim Estess formed Vector Transportation in 1994 with four employees. It has now grown to 29 employees, and the couple plan to add several more by early next year.

26. National Retailers Clear Out Inventory -

After a weak holiday, the day after Christmas may have been the busiest shopping day of the season, allowing retailers to clear out old inventory, an analyst said Monday.

Many consumers have been scaling back on their spending, and retailers have cut prices to try and lure shoppers into their stores. Heavy snowstorms across much of the U.S. in recent weeks have further dampened shoppers’ enthusiasm.

27. Sunrise Buick Buys Collierville’s Bill Heard Dealership -

4605 S. Houston Levee Road
Collierville, TN 38017
Sale Amount: $10 million

Sale Date: Dec. 2, 2008
Buyer: Sunrise Buick Pontiac GMC at Collierville LLC
Seller: Eagle Land Co. LLC
Loan Amount: $10 million
Loan Date: Dec. 2, 2008
Maturity Date: Jan. 1, 2014
Lender: GMAC Bank

28. June Commercial Sales Down 31 Percent -

New month, same story for Shelby County’s commercial real estate market.

Following a recent trend, June’s sales total was salvaged by a high-profile, high-dollar multifamily transaction that kept the commercial numbers afloat while other property types foundered.

29. May Commercial Sales Drop 75 Percent -

Take away the $16 million multifamily portfolio sold in a complicated deal that kept the properties out of bankruptcy and Shelby County’s commercial real estate activity in May was a picture of paltriness.

30. Pedcor Files Construction Loan For Ashland Lakes Phase II -

Address: 7660 State Line Road

Memphis, TN 38125

Sale Amount: $1.3 Million

Sale Date: May 13, 2008

Buyer: Pedcor Investments-2007-CVIII LP

Seller: Pedcor Investments

31. NY Group Buys Multifamily Portfolio for $16 Million -

The Autumnwood and Stonegate apartment complexes at 3094 Autumnwood Ave. in Southeast Memphis and 4500 Stonegate Dr. in Raleigh sold May 13 for a combined $16 million to New York-based White Eagle Properties.

32. Private Schools Step Up Expansion Efforts -

Memphis-area private schools have been experiencing a period of rapid growth. St. Benedict at Auburndale High School, for example, completed a 184,000-square-foot campus last year in Cordova. That move followed the opening in recent years of Briarcrest Christian School's new campus just north of Collierville.

33. Archived Article: Daily Digest - Apartment Property

Apartment Property

Sells for $7.9 Million

Eastview 432 LP has purchased property at 3316 Hickory Hill Road near Knight Arnold Road from Mid-America Apartments LP for $7.9 million, according to The Daily News Online, www.m...

34. Archived Article: Real Recap - 14

Cordova Land to Become Family Center

14.48 acres on

Germantown Parkway

Cost: $5.3 million

Borrower: Family Values Property LLC

Lender: Merchants & Farmers Bank

Trustee: H. Lee Shaw

Property: 14.48 acres on Germantown P...

35. Archived Article: Resorts P.2 - Resorts prepare for hard winter

Resorts prepare for hard winter

Skiers and snowboarders could be the winners as some of the West's most popular ski resort towns are already cutting their budgets in case air service cutbacks and a declining eco...

36. Archived Article: Standout1 - Taking the road Taking the road less traveled By SUZANNE THOMPSON The Daily News Bryan Eagle enjoys the rush of putting together big-money deals and working with early stage companies. For as long as he can remember it is that aspect of business he ...

37. Archived Article: Real Review Lj - Real Review 12-07-99 DeSoto County fans industrial development flames Industrial development in DeSoto County continued at a record breaking pace in 1999. The DeSoto County Economic Development Council announced Friday a record capital investment of...

38. Archived Article: Marketplace St - By SUZANNE THOMPSON Stopping the brain drain Local business people form Memphis Incubator Systems Inc., a non-profit designed to encourage start-up businesses and discourage them from taking their ideas on the road By SUZANNE THOMPSON The Daily News...

39. Archived Article: Law Focus - By SUZANNE THOMPSON Eagle eyes Attorneys use private investigators in a variety of litigation to help them prove their cases By SUZANNE THOMPSON The Daily News If you have filed a workers compensation claim, someone may be watching you, and that som...

40. Archived Article: Tech Focus Cars - By CAMILLE H Buying a car on line New Web sites make buying a car hassle-free without visiting car lot By CAMILLE H. GAMBLE The Daily News Several on-line services are making buying a car easier for people who donít want the hassle of visitin...