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Editorial Results (free)

1. Shelby County Commercial Sales Revenue Surges in First Quarter -

The number of commercial sales in Shelby County dipped in the first quarter when compared to last year but the average sale amount and total sales revenue surged ahead of 2014 levels, according to real estate information company Chandler Reports.

2. Chicago-Based LivCor Snaps Up Memphis Apartment Community -

9230 Thornbury Boulevard
Memphis, TN 38125
Sale Amount: $51.3 million

Sale Date: Feb. 27, 2015
Buyer: BRE Piper MF Forest Creek TN LLC, an affiliate of Chicago-based LivCor LLC,
Seller: Forest Creek Apartment Associate LLC and Forest Creek Land Associates LLC, affiliates of Carter Hastin Real Estate Services Inc.
Loan Amount: $44.2 million
Loan Date: Feb. 27, 2015
Lender: Wells Fargo Bank
Details: The Preserve at Forest Creek Apartments in Southeast Memphis has been sold for $51.3 million.

3. Preserve at Forest Creek Sells for $51.3 Million -

The Preserve at Forest Creek Apart- ments in Southeast Memphis has been sold for $51.3 million.

Forest Creek Apartment Associate LLC and Forest Creek Land Associates LLC, affiliates of Carter Hastin Real Estate Services Inc., sold the 414-unit apartment complex at 9230 Thornbury Boulevard to BRE Piper MF Forest Creek TN LLC, an affiliate of Chicago-based LivCor LLC, ac- cording to a Feb. 27 special warranty deed.

4. Preserve at Forest Creek Sells for $51.3 Million -

The Preserve at Forest Creek Apartments in Southeast Memphis has been sold for $51.3 million.

Forest Creek Apartment Associate LLC and Forest Creek Land Associates LLC, affiliates of Carter Hastin Real Estate Services Inc., sold the 414-unit apartment complex at 9230 Thornbury Boulevard to BRE Piper MF Forest Creek TN LLC, an affiliate of Chicago-based LivCor LLC, according to a Feb. 27 special warranty deed.