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Editorial Results (free)

1. Embassy Suites Memphis Begins $7 Million Renovation -

The 220-suite Embassy Suites hotel in Memphis has begun a $7 million renovation, expected to be complete in the second quarter of 2015 with a new lobby, atrium, guest rooms and boardroom. Frank Grisanti’s Restaurant, located on the property, also will undergo a major upgrade.

2. Embassy Suites Memphis Begins $7 Million Renovation -

The 220-suite Embassy Suites hotel in Memphis has begun a $7 million renovation, expected to be complete in the second quarter of 2015 with a new lobby, atrium, guest rooms and boardroom. Frank Grisanti’s Restaurant, located on the property, also will undergo a major upgrade.

3. Highland Row Developer Applies for $6.7 Million Permit -

387 S. Highland St.
Memphis, TN 38111
Permit Amount: $6.7 million

Project Cost: $61 million
Application Date: November 2014
Engineer: Jordan & Skala Engineers
Details: Indianapolis-based developer Milhaus Ventures has applied for another building permit for the long-awaited Highland Row project near the University of Memphis.

4. Former Marriott Hotel Sells for $5.1 Million -

An East Memphis hotel has been sold for $5.1 million.

JPMCC 2007 CIBC19 Lodging 2625 LLC sold The Hotel Memphis at 2625 Thousand Oaks Blvd., near Perkins Road and Interstate 240, to Jubilee Hotels Group LLC, according to an Oct. 29 warranty deed.

5. Former Marriott Hotel Sells for $5.1 Million -

An East Memphis hotel has been sold for $5.1 million.

JPMCC 2007 CIBC19 Lodging 2625 LLC sold The Hotel Memphis at 2625 Thousand Oaks Blvd., near Perkins Road and Interstate 240, to Jubilee Hotels Group LLC, according to an Oct. 29 warranty deed.

6. Embassy Suites Memphis Sells for $24.8 Million -

1022 S. Shady Grove Road
Memphis, TN 38119
Sale Amount: $24.8 million

Sale Date: Nov. 15, 2013
Buyer: 1022 South Shady Grove LLC
Seller: 1022 Shady Grove LLC
Loan Amount: $22.6 million
Loan Date: Nov. 15, 2013
Maturity Date: N/A
Lender: Great American Life Insurance Co.
Details: An affiliate of Chicago-based hotel asset manager Lodging Capital Partners LLC has paid $24.8 million for the Embassy Suites Memphis hotel at 1022 S. Shady Grove Road in East Memphis.

7. Embassy Suites Memphis Sells for $24.8 Million -

An affiliate of Chicago-based hotel asset manager Lodging Capital Partners LLC has paid $24.8 million for the Embassy Suites Memphis hotel at 1022 S. Shady Grove Road in East Memphis.

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

2625 Thousand Oaks BlvdMemphis, TN 38118

Sale Amount: $12.4 million

9. Archived Article -

2855 N. Houston Levee Road
Cordova, TN 38016
Sale Amount: $4.6 million

Sale Date: Oct. 23, 2007

Buyer: JF Storage Holding LLC

10. Downtown DoubletreeSold to Joint Venture -      The 280-room Downtown Doubletree Hotel at 185 Union Ave. has been acquired by a joint venture consisting of out-of-town companies W.P. Carey & Co. LLC and Watermark Capital Partners LLC.