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Editorial Results (free)

1. Land South of Shelby Forest Sells for $2.3 Million -

Vacant Land
Near Shelby Forest Park
Sale Amount: $2.3 million

Sale Date: Nov. 17, 2011
Buyer: Warren Nickolas Nunn
Seller: Estate of William S. Howard Sr.
Loan Amount: $2.5 million
Loan Date: Nov. 18, 2011
Maturity Date: n/a
Lender: Patriot Bank
Details: Warren Nickolas Nunn has bought several large parcels of vacant land from the estate of William S. Howard Sr. for $2.3 million, financing it with a $2.5 million loan through Patriot Bank.

2. Winchester Road Apts. Sell for $1.3 Million -

Las Vegas-based Forest Creek Townhomes LLC has bought a 470-unit apartment complex at 1340 Winchester Road for $1.25 million from substitute trustee R. Hunter Humphreys after a deal between the LLC and Lloyd’s Acceptance Corp.

3. CBRE Closes On Two Distressed Apt. Complexes -

CB Richard Ellis Memphis has recently closed two distressed multifamily properties in the West Winchester apartment submarket.

Tommy Bronson III and Blake Pera with CBRE’s multifamily division represented MPI Coventry Village LLC in the $1.25 million sale of Highland Creek Apartments, 1305 Turkey Run Lane, to Highland Creek Acquisitions LLC.

4. Archived Article -

7819 Crescent Ridge Lane
Memphis, TN 38133
Sale Amount: $16.3 million

Sale Date: Aug. 16, 2007

Buyer: Morgan Crescent at Wolfchase LLC

5. Archived Article -

6125 Shelby Drive
Memphis, TN 38141
Sale Amount: $13.5 million

Sale Date: July 20, 2007

Buyer: NatTennessee GP

6. Atlanta Co. Pays $9.2MFor Coventry Village -      The 470-unit Coventry Village Apartments at 1340 Winchester Road have sold to an Atlanta-based company for $9.2 million. Miles Properties Inc., working under the name MPI Coventry Village LLC, bought the property from Co