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Editorial Results (free)
1. Nursing Home Owner Files $13 Million Loan
- Tuesday, July 24, 2012
3549 Norriswood Ave.
Memphis, TN 38111
Loan Amount: $13 million
Loan Date: July 13, 2012
2. Amsdell Cos. Buys Two Storage Facilities
- Thursday, July 19, 2012
Cleveland-based Amsdell Cos. has bought a pair of storage facilities from Memphis Storage Group LLC for a combined $4.2 million.
3. Cherokee Arms Undergoes Rehab
- Tuesday, March 27, 2012
It wasn’t long ago that the Cherokee Arms Apartments complex in Midtown was on the market with a note of “in need of repair.”
But thanks to Memphis native and current Los Angeles resident Dana Gabrion, the three-story complex will soon breathe new life to 1508 Madison Ave. Under the entity Gabrion Properties LLC, she acquired the 30-unit, Class C investment-grade multifamily building for $455,000 in fall 2010 and hopes to have it ready for occupancy come June.
4. Lightman Entity Buys Sanderlin Centre
- Tuesday, November 8, 2011
5101 Sanderlin Ave.
Memphis, TN 38117
Sale Amount: $5.3 million
Sale Date: Nov. 1, 2011
5. Bartlett Storage Facility Sells for $3 Million
- Tuesday, November 1, 2011
Olive Branch-based Memphis Storage VI LP has bought a self-storage facility at 8036 U.S. 70 from James C. Hise Jr. and Brenda L. Hise for $3 million. The transaction closed Oct. 25. It was financed by a $2.2 million loan through SunTrust Bank that was filed the same day and matures in November 2016.