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Editorial Results (free)
1. Southeast Shelby County Apartments Sell for $56M
- Friday, September 15, 2017
Preserve at Forest Creek, a sprawling southeast Shelby County apartment complex, has switched hands for more than $56 million.
In the deal, Blackstone, a New York City investment firm doing business as BRE Piper MF Forest Creek TN, sold the roughly 36-acre property to Columbus, Ohio-based investment management firm Coastal Ridge Real Estate doing business as PFC Memphis Borrowers for $56.6 million, according to a warranty deed filed on Sept. 14 with the Shelby County Register of Deeds.
2. Outlook Weighs on Hilton
- Thursday, October 27, 2016
MCLEAN, Va. (AP) – Hilton cut its expectations for a key revenue figure, overshadowing an otherwise solid third-quarter performance.
Hilton had previously expected its revenue per-available room to rise between 3 percent and 4 percent for 2016. On Wednesday, it trimmed those expectations to just a 1.5 percent to 2 percent increase compared with last year, and flat to 1 percent for the current and final quarter of 2016.
3. Another Bid From China for US Hotel; $6.5B for Hilton Stake
- Tuesday, October 25, 2016
NEW YORK (AP) – HNA Group is snapping up a 25 percent ownership stake of the Hilton hotel chain for about $6.5 billion, the latest attempt by a Chinese interest to acquire real estate in the U.S.
4. What's in a Hotel Name? Guests Try to Decipher the Mystery
- Tuesday, April 14, 2015
NEW YORK (AP) – Today's traveler faces a bewildering choice of hotel brands with similar-sounding and confusing names. Want to stay at a Hyatt? Take your pick. There's Hyatt Regency, Park Hyatt, Grand Hyatt, Hyatt House, Hyatt Place and, coming soon, Hyatt Centric.
5. Is Hot Market for IPOs Cooling?
- Tuesday, April 15, 2014
NEW YORK (AP) – A hot market for initial public offerings may soon face a cooler reception from investors.
IPOs are having their best start to a year since 2000. Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014. But demand for more offerings depends largely on the health of the broader market, and after last week's sell-off, the clamor from buyers may quiet down.
6. Hilton Worldwide Plans to Raise $1.25 Billion From IPO
- Friday, September 13, 2013
NEW YORK (AP) – Hotel operator Hilton Worldwide Holdings Inc. plans to raise $1.25 billion from an initial public offering of its common stock.
7. U of M Files Permit for New Residence
- Tuesday, February 26, 2013
3615 Central Ave. Memphis, TN 38111
Permit Cost: $43.5 million
Project Cost: $53 million
8. Archived Article: Daily Digest
- Thursday, January 6, 2005
Bromley Lane Property
Bromley Lane Property
Financed for $4.4 Million
MAC LP has financed 6.58 acres near Bromley Lane and Gillespie Road for $4.4 million, according to The Daily News Public Records Database, www.memphisdailynews.com. UBS R...