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Editorial Results (free)

1. LeMoyne-Owen to Begin Work on $13.5 Million Residence Hall -

869 Saxon Ave.
Memphis, TN 38126

Permit Cost: $9 million

Permit Date: Applied September 2012

2. Twin Oaks Townhomes Financed for $7.1 Million -

The New York-based owner of Twin Oaks Townhomes on Winchester Road has financed the property for $7.1 million. Highland Pines Townhomes LLC, which secured the multifamily loan through Wells Fargo Bank NA, bought the 253-unit, Class C complex in October 2010 for $4.6 million.

3. 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

4. Highland Pines Townhomes Buys Highland Pines Complex -

Eagle SPE Multi I Inc. has sold a 251-unit apartment complex built in 1970 to Highland Pines Townhomes LLC for $4.6 million. The deal closed Oct. 21.