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Editorial Results (free)

1. CMDS Begins East Memphis Campus Garden -

The start of the school day was rainy, but the clouds gave way Tuesday, Oct. 10, for students at Christ Methodist Day School to assemble outside the East Memphis school and start a new learning garden.

2. Bruster’s Ice Cream To Open on Highland Strip -

The Highland Strip will soon be home to a tasty new tenant.

Bruster’s Real Ice Cream plans to move into the 1,300-square-foot space at 571 Highland St., with construction set to begin soon and an expected opening date late this year, according to Loeb Properties Inc.

3. July 7-13, 2017: This week in Memphis history -

1984: Armadillo Jack’s, a restaurant, opened in the Beale Street Landing building at Beale Street and Riverside Drive. The opening features armadillo races.

Meanwhile renovation and restoration work are underway at Calvary Episcopal Church, including a rebuilding of the church’s Aeolean-Skinner organ – the largest church organ in the Mid-South – and a renovation of Calvary’s Parish House to include an elevator, new library and courtyard. The church’s mural room, home to the Lenten season Waffle Shop, also doubles in size with the undertaking.

4. Bruster’s Highlights Highland Strip Growth -

When a small record shop called Pop-I’s opened in late 1960s, it helped spark the transformation of a mundane neighborhood shopping center near the University of Memphis into a popular entertainment destination for students.

5. June 30-July 6, 2017: This week in Memphis history -

2016: On the first day of the NBA’s free agency period, the Memphis Grizzlies offer point guard Mike Conley $153 million over five years to stay with the team – an NBA record contract. The same day in a related move, the Grizzlies come to terms with power forward Chandler Parsons on a four-year $94 million contract.

6. $18.5 Million Permit Filed for Central Station Project -

In this week’s Real Estate Recap, developers pull an $18 million permit for the Central Station overhaul, another new Downtown hotel is in the works and the new Laurelwood bookstore gets a restaurant...

7. Restaurant Chosen for New Laurelwood Bookstore -

The soon-to-open bookstore in Laurelwood Shopping Center is getting a restaurant called Libro, an Italian word for “book.”

Sabine Bachmann, who owns the restaurants Ecco in Overton Park and Fratelli’s at Memphis Botanic Garden, is bringing the restaurant to the East Memphis bookstore.

8. June 23-29, 2017: This week in Memphis history -

2014: Formal opening of the $301 million expansion of the Frayser Nike plant. As he tours the plant expansion, Tennessee Gov. Bill Haslam learns the U.S. Supreme Court has ruled in favor of same-sex marriage in an appeal of Tennessee’s constitutional amendment that specifically banned gay marriages.

9. Gladney’s Career Path Leads to New Role at Commercial Bank & Trust -

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

10. Gladney’s Career Path Leads Her To New Role at Commercial Bank & Trust -

When she was a freshman in high school, an English teacher identified Andrea Gladney’s writing talent and encouraged it. She loved to read and write, so it only seemed logical to start her college life at Ole Miss as an English major.

11. Tennessee House Democrat Announces He Will Retire in 2018 -

NASHVILLE, Tenn. (AP) – A Tennessee House Democratic lawmaker has announced he will retire next year at the end of this Republican-led General Assembly.

In a letter to supporters Friday, Rep. Joe Pitts of Clarksville said he's retiring to allow another citizen legislator experience the excitement of helping constituents.

12. Forum to Riverfront Corridor Debuts In June -

The area between FedExForum and the Mississippi River is getting a network of protected bike lanes and pedestrian plazas next month as part of a year-long pilot project.

The Great Streets Pilot Project has a one-year trial period for the commissioned art, painted crosswalks, barriers and planters as well as the lane changes.

13. MRG Reshapes Overton Gateway Plan, Residents Still Not Happy -

A revised multifamily development planned by Makowsky Ringel Greenberg LLC that reduces the number of apartment units and adds amenities that would better connect the project with the neighborhood still didn’t get positive reviews from residents.

14. Evolve Bank & Trust Announces New CFO -

Memphis-based Evolve Bank & Trust has named Mark Mosteller as its new executive vice president and chief financial officer.

15. Evolve Bank & Trust Announces New CFO -

Memphis-based Evolve Bank & Trust has named Mark Mosteller as its new executive vice president and chief financial officer.

16. Downtown Church Ready to Rise From the Ashes -

204 N. Second St.
Memphis, TN 38105 
Permit Amount: $2.6 million

Application Date: January 2017 

Owner: First United Methodist Church

17. 3 Parcels in Whitehaven Sell for $1.4 Million -

Joe Poppenheimer Management LLC has sold three parcels of commercial property in the Whitehaven area to Mikes Properties LLC for $1.4 million, according to a Jan. 17 warranty deed filed with the Shelby County Register of Deeds.

18. 3 Parcels in Whitehaven Sell for $1.4 Million -

Joe Poppenheimer Management LLC has sold three parcels of commercial property in the Whitehaven area to Mikes Properties LLC for $1.4 million, according to a Jan. 17 warranty deed filed with the Shelby County Register of Deeds.

19. U of M Gets Economic Boost, W.M. Barr PILOT Approved -

The University of Memphis will get a development incentive boost around its campus, a longstanding Memphis-based manufacturer has been granted tax incentives to expand on Presidents Island and a gift-wrap company has received an amendment to its tax incentive that will allow it to add staff.

20. Last Word: The Airport and Hotels, Loans and Musicians and Underground in Town -

That didn’t take long. Fired one day, hired the next for Dave Joerger now formerly of the Grizz.

21. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

22. LEDIC Founder Buys Metro 67 Apartments -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

23. Metro 67 Apartments Bought by LEDIC Founder -

The Metro 67 Apartments in Downtown Memphis has been sold by a Dallas equity firm to Scott Ledbetter, founder and chairman-emeritus of LEDIC Management Group in Memphis, and members of his family.

24. March 4-10, 2016: This Week in Memphis History -

1966: On the front page of The Daily News, Memphis State University begins season ticket sales for the Tigers’ 1966 season with 5,000 more prime seats available.
The student section at Memphis Memorial Stadium is moved to the east side of the stadium from its former location on the same side as the season ticket holders.
Season tickets at a rate of $20 per ticket – $3 less than buying individual tickets to the five home games – can also be bought for the first time through Dixiemart and Corondolet stores, along with 200 other retailers, by using the charge accounts for those stores.
And there is the “Tiger Note” method through the big three local banks – First National, National Bank of Commerce and Union Planters – as well as Murdock Insurance Corp. Tickets can be ordered on credit through the four institutions and paid later with no interest or carrying charges.

25. This week in Memphis history: February 5-11 -

1996: Rod Stewart at The Pyramid performing in the round.

1976: The USSR gymnastics team is in Memphis for an exhibition at the Mid-South Coliseum, part of the first U.S. tour by the Soviet team. The team is honored at a reception at the home of Beale Street USA president Ronald P. Barassi in East Memphis that features paintings of Beale. The street itself is fenced off and boarded up.

26. Sledge Joins Paragon Private Banking Team -

Julia Sledge has joined Paragon Bank as portfolio manager in private banking. Sledge has more than 30 years of experience in the banking industry, holding leadership positions at both Union Planters Bank and Cadence Bank. In her new role, she’ll provide service and support to Paragon’s private banking team.

27. Evolve Bank Taps New Mortgage Division President -

Evolve Bank & Trust has tapped Doug Miller as the new president of its mortgage division.

He comes to Evolve with nearly 45 years of experience in the mortgage industry, a career that's included working at Wachovia Mortgage, Citicorp Mortgage, Union Planters/Regions Bank and GMAC Bank/Ally Bank.

28. Evolve Bank Taps New Mortgage Division President -

Evolve Bank & Trust has tapped Doug Miller as the new president of its mortgage division.

He comes to Evolve with nearly 45 years of experience in the mortgage industry, a career that's included working at Wachovia Mortgage, Citicorp Mortgage, Union Planters/Regions Bank and GMAC Bank/Ally Bank.

29. Turbett Joins First Horizon as CRA Officer -

Keith D. Turbett has joined First Horizon National Corp., parent company of First Tennessee Bank, as corporate Community Reinvestment Act officer and community development manager. In that role, Turbett ensures First Tennessee is making credit and financial products available in all parts of the community, consistent with safe and sound banking practices.

30. Chisca Rising -

Sitting vacant for more than 20 years didn’t do any favors for the Chisca Hotel property along South Main Street. But this week marks a major milestone in the historic structure’s story as residents begin moving into the Plaza, the newer of The Chisca on Main’s two buildings.

31. This Week in Memphis History: July 10-16 -

1990: Janet Jackson plays the Mid-South Coliseum.

1973: Father Don Mowery makes an appearance on the “Today” show to talk about his Youth Service USA program, a Memphis-based initiative with a national reach that began at the Memphis Naval Air Station at Millington in the late 1960s.

32. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

33. Jason Eagle to Lead MIFA’s Advancement Department -

Jason Eagle has been appointed vice president of advancement for MIFA. Eagle will oversee the vision and execution of engaging the Memphis community to advance the nonprofit organization’s mission. He will lead a team to increase and enrich public awareness, volunteerism, outreach and stewardship to meet annual and long-term fundraising goals.

34. Jason Eagle to Lead MIFA’s Advancement Department -

Jason Eagle has been appointed vice president of advancement for MIFA. Eagle will oversee the vision and execution of engaging the Memphis community to advance the nonprofit organization’s mission. He will lead a team to increase and enrich public awareness, volunteerism, outreach and stewardship to meet annual and long-term fundraising goals.

35. Evolve Bank & Trust Adds Executive Vice President -

Evolve Bank & Trust has added Mark Mosteller as its new executive vice president of accounting and finance.

36. Evolve Bank & Trust Adds Executive Vice President -

Evolve Bank & Trust has added Mark Mosteller as its new executive vice president of accounting and finance.

37. Small Banks Find Ways to Compete With Giants -

Nashville’s InsBank began 15 years ago, founded by a group of insurance agents. Originally, it was known as Insurors Bank of Tennessee, its target market was independent insurance agents in the state. But that has changed somewhat over the years as the bank has evolved from that particular niche.

38. May 8-14, 2015: This week in Memphis history -

2014: Republican presidential contenders Marco Rubio and Rand Paul visit Memphis for the Republican National Committee spring meeting at The Peabody. Rubio speaks at a closed gathering at Rendezvous restaurant. Paul meets privately with African-American pastors, then, in a public speech to RNC members, criticizes efforts by Republicans in state legislatures across the country to impose voter ID standards.

39. This Week in Memphis History: April 3-9 -

2014: The National Civil Rights Museum reopens following a $27 million renovation and expansion. The ceremony featured a wide swath of veterans from the civil rights movement, ranging from Bernard Lafayette to Black Panthers co-founder Bobby Seale.

40. Victorian Village Homes See Demand -

A new single-family residential project in the heart of Victorian Village is doing very well, thank you very much.

Five of the eights lots inside Planters Row II, a unique master planned community on Jefferson Avenue in Victorian Village between the Medical Center and Downtown core, are already optioned or under contract after the first day of sales, according to Scott Blake, president of Design 500 Inc.

41. Triumph Bank Surpasses $500 Million in Assets -

Triumph Bank didn’t choose its new tagline, “Let’s talk growth,” earlier this year only because it sounded hopeful or was an ideal to strive for.

42. Cotton Gin Workers Sue for Racial Harassment -

Three workers at Memphis Cotton Gin and Federal Compress filed a federal lawsuit Tuesday, Aug. 5, against the owners of a South Memphis cotton warehouse and the company that manages the warehouse.

The suit is over racial harassment including allegations of racially segregated break rooms, water fountains and bathrooms as well as equipment at the warehouse including forklifts.

43. New Homes Approved in Victorian Village -

The Memphis and Shelby County Landmarks Commission has unanimously approved the design for the first of seven single family homes in the Planters Row II subdivision in the Victorian Village Preservation District.

44. Former Union Planters CEO Joins Metropolitan Bank Board -

Metropolitan Bank has added former Union Planters Bank CEO E. Jackson Garner to its board.

45. Former Union Planters CEO Joins Metropolitan Bank Board -

Metropolitan Bank has added former Union Planters Bank CEO E. Jackson Garner to its board.

46. Mortgage Market Up 8 Percent in April -

Sam Goff, a senior loan originator at Independent Bank, announced in a post to his Facebook followers last month that mortgage rates were at one point about as low as they’d been in 2014 so far.

47. Editorial: First Tennessee Bank’s Business Model Endures -

As First Tennessee Bank marks its 150th anniversary, we are reminded of the changes over that span in technology and what our financial institutions have come to offer in the way of services.

48. Triumph Bank Meeting To Highlight Banner Year -

Triumph Bank is holding its annual meeting next month in a locale that’s different from the traditional conference room setting where banks tend to make their yearly presentation to shareholders.

49. Renovation on Tap for 100 N. Main Tower -

The owner of 100 N. Main St., the city’s tallest building, has plans to turn the Downtown skyscraper into a development featuring a hotel and apartments.

50. New Housing Option Comes to Victorian Village -

Florence Hervery had been thinking about the next phase of her life for some time.

The 55-year-old Whitehaven resident had been mulling over a move Downtown, but she wanted a home, not a condominium or apartment, and was hesitant to move into the bustling Downtown core.

51. Restaurant Row -

If you blink, you might miss a new restaurant opening along the Poplar Avenue corridor in East Memphis.

Over the last few months, several new restaurants have opened or are on the way around the heavily traveled Poplar corridor between Perkins Road and Kirby Parkway.

52. Nelson Takes New Role at Alliance for Nonprofit Excellence -

Amanda C. Nelson has joined the Alliance for Nonprofit Excellence as director of consulting, a newly created position. Nelson will oversee, coordinate and promote the alliance’s management consulting services, and manage its three-year capacity-building program, the Program for Nonprofit Excellence.

53. November 22-28: This week in Memphis history -

2012: U.S. District Judge Samuel “Hardy” Mays ruled the six suburban towns and cities in Shelby County had to stop their movement toward suburban school districts, voiding the moves they had made to date toward the goal.

54. Baptist Begins Construction on $14.1 Million Pediatric ER -

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

55. Triumph Bank Completes Purchase of M&P Bank Divisions -

Memphis-based Triumph Bank has finalized the purchase of Merchant & Planters Bank divisions M&P Bank Home Loans and Community Bankers Mortgage Group.

56. Triumph Bank Completes Purchase of M&P Bank Divisions -

Memphis-based Triumph Bank has finalized the purchase of Merchant & Planters Bank divisions M&P Bank Home Loans and Community Bankers Mortgage Group.

57. Mortgage Market Rises 22 Percent in July -

The month of July may help buoy expectations among optimistic participants in the mortgage industry that a housing recovery is taking hold in Shelby County.

Mortgage volume for the month was up almost 22 percent in July, climbing to almost $173 million last month from $142.2 million in July 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

58. 100 N. Main Sells for $5 Million -

The towering skyscraper at 100 N. Main St., the tallest building in Memphis, has been sold.

The Zimmerman Revocable Trust sold the building Friday, Aug. 9, to One Hundred North Main LLC, a Nevada-based limited liability company, for $5 million.

59. Triumph Bank Acquires Merchants & Planters Mortgage Unit -

Memphis-based Triumph Bank has reached a deal to acquire the mortgage division of Merchants & Planters Bank.

60. Triumph Bank Acquires Merchants & Planters' Mortgage Division -

Memphis-based Triumph Bank has reached a deal to acquire the mortgage division of Merchants & Planters Bank.

61. Mortgage Activity Slows in February -

Mortgage activity in Shelby County began 2013 by shifting into a higher gear, but someone tapped the brakes in February.

Total mortgage volume countywide had started the year showing double-digit percentage growth over the same period one year earlier. But in February, volume was up just 1 percent over the same month in 2012.

62. Mortgage Gains Point to Solid 2013 -

Shelby County’s mortgage market made decent strides during the past 12 months, posting gains over 2011 and foreshadowing a healthy 2013.

Banks and mortgage lenders made 8,028 purchase mortgages in Shelby County during 2012, a 17 percent improvement from the 6,862 mortgages during 2011, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

63. Musical Heritage -

There was a moment at the Greater Memphis Chamber’s annual luncheon Wednesday, Dec. 12, when the large crowd at The Peabody hotel got a sense for how much depth the city’s musical heritage has and what a complex story it can be.

64. Wilson Auto Group Affiliate Buys Byhalia Road Acreage -

4.9 acres at Tenn. 385
And Byhalia Road

Sale Amount: $1.4 million (Bumpus Properties); $625,000 (Boshwit Bros.)

Sale Date: Aug. 21, 2012

Buyer: Wilson Real Estate LLC

65. Prosecutor Probes Ties Between Regions Financial and Fiderion -

A federal prosecutor has opened an inquiry into business ties between Regions Financial Corp. and Fiderion Group LLC.

66. Owner Files $1.3 Million Loan on Cadre Building -

Cadre Realty LLC has filed a $1.3 million loan through First Alliance Bank on the Cadre Building at 149 Monroe Ave., on the southeast corner of Monroe and South Second Street.

67. Forum Addresses Latest HUD, Real Estate Trends -

People who receive housing counseling before they borrow are much less likely to default. Research shows that 75 percent of at-risk homeowners who meet with U.S. Department of Housing and Urban Development housing counselors and attend loss mitigation programs won’t be foreclosed.

68. Chandler Event To Highlight Q1 Housing -

Shelby County home sales increased 20 percent from January to March compared to last year, but that number requires some reading between the lines.

That’s why real estate information company Chandler Reports is hosting its “Master Your Market: First Quarter Update” event for local agents, appraisers, builders, investors and bankers Thursday, May 3.

69. Triumph Bank’s Mantra: Say ‘Yes’ to Customer -

Entrepreneurs get in the game for many different reasons. They do it to make money, certainly, and to maintain a degree of control over that money and their professional lives.

For many, though, there is an urge to participate within and for a community they understand, live and work in. These are the reasons Triumph Bank was founded, and why their board, 15-strong, is made up, not of bankers per se, but of entrepreneurs.

70. Social Media, Milestones Top News -

Many of the headlines that came out of 2011 for local advertising and public relations firms mirrored the ever-changing scope of marketing and social media.

Platforms like Twitter, Facebook and YouTube were at the world’s fingertips to capture political unrest in Egypt, the aftermath of the Japanese earthquake and tsunami, members of the Occupy Wall Street movement nationwide practice their First Amendment rights – – and everything in between.

71. Still the King -

The Mid-South region is on track to produce 4.8 million bales of cotton this year, the largest crop of the fluffy white fiber since 2007.

That’s according to figures from the U.S. Department of Agriculture cited by Gary Adams, vice president for economic and policy analysis with the Memphis-based National Cotton Council. But that only tells part of the story of the white gold that’s long been a part of the story of Memphis. History books clearly paint a portrait of Memphis as a city once known as a river town with a thriving cotton trade and as a town that teemed with cotton merchants who once made Front Street the South’s version of Wall Street.

72. 4Memphis Mag Launches With New Ownership -

4Memphis magazine, formerly VIP Memphis Magazine, is under new ownership.

The new entity, 4Memphis Publishing LLC, is comprised of publisher Jim Walker, owner of Eden Spa & Laser and an officer with Merchants & Planters Bank; the Levy family of Oak Hall Inc.; Jay Mednikow of Mednikow Jewelers; Joel Hobson of Hobson Realtors; Judy McLellan of Crye-Leike Realtors Inc.; and Amy Howell of Howell Marketing Strategies LLC.

73. VIP Memphis Relaunches as 4Memphis Mag Under New Ownership -

4Memphis magazine, formerly VIP Memphis Magazine, is under new ownership.

The new entity, 4Memphis Publishing LLC, is comprised of publisher Jim Walker, owner of Eden Spa & Laser and an officer with Merchants & Planters Bank; the Levy family of Oak Hall Inc.; Jay Mednikow of Mednikow Jewelers; Joel Hobson of Hobson Realtors; Judy McLellan of Crye-Leike Realtors Inc.; and Amy Howell of Howell Marketing Strategies LLC.

74. Growing Innovation -

The investors have been courted. Early-stage companies are about to enroll in the next round of a local training program.

Customers for newly formed companies are being targeted, and new apps that promote fresh uses for everything from quick response (QR) codes to virtual graffiti are rolling out to the public.

75. Final Madison Bike Lane Hearing Weighs Options -

Now the decisions begin about how to redraw the markings on Madison Avenue in Midtown.

More than 100 people attended the third and final in a series of public hearings Wednesday, July 13, at Minglewood Hall.

76. Littleton Promoted to Manager of Private Banking at Paragon -

Wayne Littleton has been promoted to manager of private banking at Paragon National Bank. He also will continue to serve as president of the bank’s Saddle Creek branch, 7600 Poplar Ave.

77. Lenders See Mortgage Counts Drop -

As far as mortgage activity is concerned, the local housing market was still stuck in reverse during the first quarter of 2011.

Total purchase mortgage activity in Shelby County between Jan. 1 and March 31 was down about 10 percent when compared to Q1 2010, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com (Data for this report included purchase mortgages only, not refinances.)

78. Local Office Latest Proof Of M&P’s Growth Mode -

Merchants & Planters Bank has something in common with a few of its local lending peers like BankTennessee and Evolve Bank & Trust.

79. Regions Praised for Service, Client Experience -

Bank customers are apparently more likely to get service with a smile when they step into a Regions Bank branch as opposed to any other large U.S. financial institution.

80. WKNO Honors Long-Time Supporter -

The Julian Bondurant Distinguished Service Award has been given to long-time WKNO supporter Jim Springfield, WKNO Public Broadcasting has announced.

81. High Cotton -

Carol Perel points from her office to the other side of the ground-floor lobby at 65 Union Ave.

“That trading floor,” she says, “is the Graceland of cotton.”

82. Circa Slated for Regalia Space -

Circa by John Bragg restaurant plans to open its East Memphis location at Regalia shopping center, Boyle Investment Co. recently announced.

83. Youth Isn’t a Hurdle for Red Door Founder Phillips -

The scant number of years John Phillips V has under his belt relative to others in his chosen industry is not lost on him.

84. Evolve Honors House With Law Scholarship -

A new scholarship established at the University of Memphis Cecil C. Humphreys School of Law honors the legacy of a respected Memphis lawyer and financial consultant who died in December.

E. James “Jim” House Jr. is still remembered for his wisdom, strong work ethic and place in the local business community. One colleague recalled him as a “man’s man” and a “prince of a guy” who would have been thrilled to know his name graces a scholarship that will cover a major part of a law student’s tuition.

85. As Farmers Move From Cotton to Corn, Jobs are Lost -

LUBBOCK, Texas (AP) - Fields of white cotton once stretched as far as the eye could see across the fertile Mississippi Delta, but now many of those acres are flush with green corn stalks.

U.S. cotton production peaked in 2005 and has been sliding since as farmers switch from growing fiber to food. The reasons are many: Corn prices have been strong, and it's more profitable because it takes less labor to produce. Corn's lower production costs also make it a less risky investment than cotton.

86. CCC Picks Top 10 Landmarks in Need -

Towering 29 stories above the intersection of Madison Avenue and Third Street, the Gothic-style Sterick Building was the city’s premier office building for years after it opened in 1930.

Today, it’s among an updated list recently drawn up by the Center City Commission showing the top 10 historically significant Downtown buildings most in need of redevelopment.

87. Enclave Partnership Files Loan For 19 Lots of Enclave at Sparkle Creek -

Enclave at Sparkle Creek Planned Development
Unincorporated Shelby County
Loan Amount: $1.5 Million

Loan Date: Aug. 13, 2009
Maturity Date: Aug. 15, 2011
Borrower: The Enclave Partnership
Lender: Merchants & Planters Bank

88. Enclave Files Loan For Remaining 19 Lots -

The Enclave Partnership has filed a $1.5 million loan through Merchants & Planters Bank on its remaining 19 lots in The Enclave at Sparkle Creek Planned Development, a 33-lot, 106-acre development on Pisgah Road in unincorporated Shelby County near Cordova.

89. Medical Office Owner Files $800K Loan -

The new owner of the Applingwood Professional Office Building at 1540 Appling Care Lane in unincorporated Shelby County has filed an $800,000 loan on the property.

90. Raines Recognized for Real Estate Practice -

Richard C. Raines, a partner at Wyatt, Tarrant & Combs LLP and a member of the firm’s real estate and construction service team, has been named by Chambers USA: America’s Leading Lawyers for Business as a leading attorney in real estate practice.

91. UT’s Hathaway Named To Ruth Neil Murry Endowed Chair -

Dr. Donna Hathaway has been named to the Ruth Neil Murry Endowed Chair in Nursing at the University of Tennessee College of Nursing.

92. Impending Foreclosure Not First For Downtown Building -

The foreclosure notice filed Friday against One Commerce Square at 40 S. Main St. isn’t the first financial crisis the landmark tower has faced.

93. World Overcomers Buys Hickory Ridge Mall Macy’s -

6001 Winchester Road
Memphis, TN 38115
Sale Amount: $1 Million

Sale Date: Feb. 26, 2009
Buyer: World Overcomers Outreach Ministries Inc.
Seller: Macy’s Retail Holdings Inc.

94. Storage Portfolio Sells for $2.4 Million -

A collection of limited liability companies called the Northwest and Southern Self Storage Partnership has bought two self-storage facilities for $2.4 million from 4Guys LLC, which developed the properties in the 1990s. The portfolio includes the Southern Self Storage facility at 4740 Getwell Road in the Oakhaven/Parkway Village area and the Northwest Self Storage facility at 3891 Thomas St. in Frayser.

95. Landmark Community Bank Names Newell Chairman of Board -

Chuck Newell has been elected chairman of the board of directors of Landmark Community Bank and will be based in Landmark’s Collierville branch.

Newell brings more than 28 years of banking experience to the board and currently serves as the president and CEO of Merchants and Planters Bancshares.

96. Raines Recognized for Real Estate Practice -

Richard C. Raines is a member of Wyatt, Tarrant & Combs LLP and a part of its Real Estate and Construction Service Team.

Raines recently was named among the best attorneys in his field by the Chambers USA 2008 Directory of America’s Leading Lawyers. He was named for his work in real estate.

97. Banking Workforce Reduction Ahead, Study Says -

The U.S. financial industry could lose 200,000 jobs - or 10 percent of a workforce that's estimated at 2 million - during the next 12 to 18 months because of problems stemming from the recent subprime fiasco, according to a recent study by the research firm Celent LLC.

98. Morgan Keegan Fund Troubles Hit Employees -

As the lawsuits and arbitration claims keep piling up on behalf of investors who lost millions of dollars in several Regions Morgan Keegan mutual funds last year, another group of investors is prepping for legal action.

99. Latest Newcomer Data Show First-Home Hotspots -

Once the executive chairman of Birmingham, Ala.-based Regions Financial Corp. officially retires at the end of the year, he'll spend the next chapter of life pursuing civic and charitable work in the Bluff City.

100. Developers Bring Apartments to Condo-Rich Downtown -

With recent announcements of plans to rehab two historic properties, two development teams have signed on to give Downtown something it's been thirsting for - apartments.

Development groups called 91 Cotton Row LLC and Downtown Developers LLC have joined a growing list of groups bringing multifamily product to a submarket that many believe is oversaturated with condominiums and underserved by apartments.