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Editorial Results (free)

1. Snapshot: How Memphis-Based Public Companies are Faring -

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

2. ASD's Raleigh Offer Makes School Board Skeptical -

The state-run Achievement School District is offering to collaborate with Shelby County Schools in a possible change of plans by the ASD for its takeover of Raleigh-Egypt Middle School in August.

SCS superintendent Dorsey Hopson told school board members at a Tuesday, May 24, work session that ASD leaders approached him recently about the middle school becoming an Innovation Zone School instead of an ASD school run by the Scholar Academies charter organization.

3. ASD Offers To Collaborate On I-Zone School In Raleigh -

The state-run Achievement School District is offering to collaborate with Shelby County Schools on the ASD’s planned takeover of Raleigh-Egypt Middle School in August.

SCS superintendent Dorsey Hopson told school board members at a Tuesday, May 24, work session that ASD leaders approached him recently about the middle school becoming an Innovation Zone School instead of an ASD school run by the Scholar Academies charter organization.

4. Stacking Your Odds for Success -

Looking through his old toys, my son found his stacking cups and challenged me to a competition. Cup stacking is a bizarre game of skill and speed with the goal being to build pyramids out of cups as quickly as possible and then collapse them and build again.

5. Innovation From The Inside-Out -

A talk from Karen Hersherson, clay street project leader, Proctor & Gamble. Innovation for P&G is about platforms and pipelines that create long-lasting value. To get these types of results, the company had to build an incubator for project teams, named “clay street.”

6. PFM Group Promotes Lowe To Managing Director -

Lauren Lowe has been promoted to managing director of The PFM Group, a leading provider of independent financial and investment advisory services to state and local governments and not-for-profit institutions. Based in PFM’s Memphis office, Lowe serves the firm’s municipal advisory clients. Her areas of expertise include debt transactions and structuring, strategic planning, pricing and cash flow analysis as well as advising many of her local government clients on policy development.

7. Adults Not Helping Childhood Obesity Turn Corner Very Quickly -

Richard Hamburg does not pretend that there is a cure-all for childhood obesity, that just a little exercise will make things all better, that just a few policy changes or improvements in school lunch programs (which is happening), or a reduction of “food deserts” will solve the whole problem.

8. Tennessee Leads the Nation in Bankruptcies -

Tennessee has a model program for financial literacy in its public schools. All high school students must pass a personal finance course to graduate, and even kindergartners are learning about money under a new initiative to extend the curriculum to primary school.

9. Memphis MSA Industrial Sector Has A Strong First Quarter After Record 2015 -

The Memphis MSA industrial sector had a strong first quarter after a record-breaking year in 2015.

Last year saw a record absorption rate of 8.4 million square feet, which is 2 million square feet higher than 2006’s pre-recession levels.

10. Akbari Proving to be Worthy Successor to Iconic DeBerry -

Those who wondered how Raumesh Akbari would do in following legendary Memphis legislator Lois DeBerry now have a much clearer picture.

11. Last Word: BSMF Looks Up, Overton Park Respite and Slow Economic Growth -

The Beale Street Music Festival box office numbers won’t be in for a bit yet. But it looks like the three-day event that ended Sunday evening with Beck and Paul Simon weathered the weather very well, maybe better than usual.

12. Memphis Jewish Home's Bobby Meadows Wins National Honor -

Bobby G. Meadows III, executive director of Memphis Jewish Home & Rehab, has been awarded the 2016 Young Executive Award by the Association of Jewish Aging Services. The award honors an executive younger than 45 who demonstrates significant potential in health care management by virtue of his or her cumulative achievements or innovative results in management or administration.
As executive director of MJHR, Meadows is responsible for day-to-day operations of the only glatt (strict) kosher, rehab long-term care facility in Tennessee and surrounding states. Operations include the oversight of more than 300 staff members, 160 patients, and a kosher deli.

13. Omni Charter School Buys Permanent Home -

3385 Austin Peay Highway
Memphis, TN 38128

Sale Amount: $1.3 million

Sale Date: Feb. 26, 2016

14. Time for Strunk to Become Titans' Most Valuable Player -

Quick question about the Titans: Who has the most to prove?

Is it Mike Mularkey, a two-time loser as a head coach?

Is it Jon Robinson, a first-time general manager?

15. FTC Sues VW Over False 'Clean Diesel' Advertising Claims -

WASHINGTON (AP) – A federal consumer watchdog sued Volkswagen on Tuesday, charging the company made false claims in commercials promoting its "Clean Diesel" vehicles as environmentally friendly.

16. Dodging a Disaster With Volkswagen? -

Next month will mark five years since the first Passat rolled off the assembly line at Chattanooga’s Volkswagen plant. Most anniversaries are a cause for celebration.

But as Chattanoogans blow out the candles on this particular milestone they’ll be hoping that Volkswagen’s diesel emissions troubles will soon be extinguished, too, and that the new SUV model they’ll start producing this year will help VW emerge from the crisis a better and stronger company than before.

17. Airport-Area Industrial Sells for $1.2 Million -

1525 Three Place, 3365-3378 One Place
Memphis, TN 38116

Sale Amount: $1.2 million

Buyer: Gregory Realty

Seller: One Place Associates

18. Quince Road Walgreens Sells for $3.6 Million -

A Walgreens at 5121 Quince Road, at the corner of White Station Road, has sold for $3.6 million.

Florida-based Lease Fund I LLC sold the property to a conglomerate made up of four trusts and a limited partnership, according to a Feb. 17 warranty deed recently filed with the Shelby County Register’s Office.

19. Nordstrom Will Lure More Class A Retailers to Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly-built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

20. Best-in-Class Retailers to Join Nordstrom Rack in East Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

21. Still Tough to Play, Grizzlies Blending Old And New Ways to Keep Winning -

Coach George Karl’s Denver teams used to battle against this incarnation of the Memphis Grizzlies. Now, his Sacramento Kings come into FedExForum and engage in elbow-to-elbow and push-and-pull hardwood combat with the edited version of this era’s Grizzlies.

22. Engineer Jonnye McElyea Joins Allen & Hoshall -

Jonnye McElyea has joined Allen & Hoshall as a structural engineer. McElyea, who designs structures such as buildings, bridges and retaining walls, is among the 19 percent of engineers who are women. Her previous experience includes time at Parsons Corporation and AFRAM Corp.

23. Poplar Opens Up -

The prized retail stretch of Poplar Avenue between Perkins Road and Interstate 240 is shaking up in a way the area hasn’t seen in several decades. Within the next two years, more than 230,000 square feet will be made available in what has historically been a tight trade area.

24. Post-Gasol: Grizz Doing What They Have To Do, How They Have To Do It -

Marc Gasol has said it. Zach Randolph has said it. Tony Allen has said it ad nauseam.

“We hang our hats on the defensive end.”

25. Last Word: New Minority Business Numbers, The House Affair and The Heights -

The recently revived discussion on minority business in Memphis is about to go back on the front burner again. Fueling the intensity are new U.S. Census numbers. They show the percentage of business receipts in Memphis produced by black-owned businesses has dropped since the 2007 census numbers showed a 1.08 percent share of those receipts by black-owned businesses. That in a city whose population is 63 percent African-American.
The drop to below one percent is even though the overall receipts in 2012 were higher than they were in 2007.
Madeline Faber is the first to report the new numbers as part of a cover story in our weekly, The Memphis News, that will be on the streets and in the racks Saturday, on-line Friday afternoon.
The numbers are such a telling story and such an important indicator that we broke it out as its own story in advance of the cover story.

26. Morris Marketing Group Built on Strong Relationships -

In some respects, Valerie Morris’ career prepared her to open a PR and marketing agency, even if it didn’t always seem so obvious.

27. Outside the Box -

Southwest Tennessee Community College is opening its new Whitehaven Center on Tuesday, Jan. 19. The building, which accommodates nearly 2,000 students at 1234 Finley Road off Elvis Presley Boulevard, is seeing new life following its run as a Kroger store that closed in 2011.

28. School Guide Helps Parents Navigate Choices -

After five years of historic change in Shelby County public education, the traditional labels of “public” and “private” schools don’t adequately describe the range of options available to parents.

29. Pinnacle Financial Partners Adds to Ranks in Memphis -

Pinnacle Financial Partners is growing again at its Memphis headquarters on Quail Hollow Road.

Matt Buyer and Ashley Preskenis are the latest additions, from SunTrust and First Tennessee Bank, respectively.

30. Graffiti Green Light -

Brandon Marshall is a full-time artist, making a living painting commissioned murals for clients. He’s also well-versed in the graffiti world of Memphis, a small but determined group of artists who tag properties around the city.

31. Pinnacle Financial Partners Adds to Ranks in Memphis -

Pinnacle Financial Partners is growing again at its Memphis headquarters on Quail Hollow Road.

Matt Buyer and Ashley Preskenis are the latest additions, from SunTrust and First Tennessee Bank, respectively.

32. Memphis Legislators Sound Off On State-Run School District -

Armed with a Vanderbilt University study showing Shelby County schools that were taken over by the state’s Achievement School District are showing little to no improvement, Memphis legislators are nearly ready to kill the experiment.

33. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

34. iBank Tower Sells for $19.2 Million -

The iBank Tower, located at 5050 Poplar Ave., has sold for $19.2 million, and for the first time, the same owner controls both the iBank Tower and the nearby Clark Tower at 5100 Poplar Ave.

35. Walking On in Memphis Is A Big Part of Tigers Turnaround -

They come from near and far, from Christian Brothers, Millington and Whitehaven high schools. From Atco, N.J., League City, Texas, and Newnan, Ga.

36. Holiday Inn Express Ready To Rise Near Graceland -

3411 Elvis Presley Blvd.
Memphis, TN 38116

Loan Amount: $4.8 million

37. Accelerate Growth By Integrating Research -

Stephanie Cunningham, Associate Director, Global Insights Business Lead – Specialty Division, The Clorox Co.; Jody McInerney, Senior Vice President, Burke Inc.

38. Ball to Lead New Division at Evolve Bank -

Thomas Ball has joined Memphis-based Evolve Bank & Trust as president of the newly formed Equipment Finance Division. In this role, Ball will create and grow a product line focused on equipment loans and leases to businesses across the U.S.

39. Playoff Committee Knows 2 Losses Don’t Define Memphis Season -

Two straight losses knocked the University of Memphis football team from the national polls.

Not a surprise and not unfair.

But after the Tigers lost at home to Navy and its diabolical triple-option offense, and by a single point at Houston – yes, they blew a 20-point fourth-quarter lead – they remained at No. 21 in the College Football Playoff rankings.

40. Hamlet Offers Plan For Global Ministries Foundation's Inner-City Apartments -

Global Ministries Foundation founder Richard Hamlet has a multi-million dollar recapitalization plan to make extensive renovations at three inner-city apartment complexes his company owns.

41. Roundup: Memphis Financial Firms Stay Busy -

Here’s a look at some of what’s kept Memphis’ financial community busy in recent weeks, from deals to new products and services to personnel changes.

• Lenders in Memphis and Shelby County had a decent October, according to the latest numbers from real estate information company Chandler Reports, www.chandlerreports.com. Purchase loan activity was up 11 percent for the month on a volume basis.

42. Hoops & Dreams -

They were but a few words, yet they seemed to capture the mindset of the University of Memphis basketball program’s high-expectation fan base.

“Get back to like it was,” said former Tigers guard Jeremy Hunt.

43. Minglewood Hall, 1884 Lounge Sell for $2.7 Million -

1553 Madison Ave.
Memphis, TN 38104

Sale Amount: $2.7 million

Sale Date: Oct. 9, 2015

44. Consolidation of Tennessee’s Newspapers Bad for Taxpayers -

The federal government isn’t likely to descend on Tennessee with trust-busting vengeance once three of the state’s four largest newspapers are owned by the same company.

Newspapers are too far down a virtual slippery slope of monopolism to retrieve from the hands of Gannett, which recently announced it plans to pay $280 million for Journal Media Group, the owner of The Commercial Appeal in Memphis and Knoxville News Sentinel.

45. Minglewood Plaza Sells for $2.7 Million -

The plaza that houses the popular Minglewood Hall, as well as six other businesses including 1884 Lounge and Inked, has sold.

Tollie J Roberts IV and Richard H.L. Roberts, trustees of the Steve M. Roberts Testamentary Trust, purchased the property located at 1553 Madison Ave. in Midtown on Oct. 9 for $2.7 million.

46. Memphis City Council To Vote on Pinch Hotel -

Memphis City Council members vote Tuesday, Nov. 3, on plans for a hotel with retail development on the northeast corner of Jackson Avenue and North Front Street.

The council delayed a September vote on the development by Front Street Group LLC because of some opposition cited by councilman Berlin Boyd, who represents the area.

47. New Mayor in Town -

Jim Strickland has some big decisions to make.

At the top of the list: make sure the toilets are flushing, the lights are coming on at night and the stoplights are flashing red, yellow and green.

48. Why Are Tennessee’s ACA Rate Hikes Among Nation’s Largest? -

Can you imagine your car payment going up by 44 percent next year? Or that the cost of your cable was going up another 36 percent per month?

That’s what it will feel like for hundreds of thousands of Tennesseans in 2016 as the nation gets ready for its third year of the Affordable Care Act, a.k.a. Obamacare, which provides health care insurance to more than 231,440 people in the state who couldn’t otherwise obtain insurance.

49. Memphis College Prep Renovating Former Dunn Avenue Elementary -

1500 Dunn Ave.
Memphis, TN 38106

Permit Amount: $1.4 million

Application Date: Sept. 30

50. Former Highwoods COO Retires, Then Promptly Starts New Career in Memphis -

Mike Harris’ idea of retirement doesn’t involve the golf course, free time or carefree travel.

51. Taser Contract Controversy Endures As Election Day Nears -

As the city of Memphis closed in on buying body cameras and other associated technology for its police department, the inner circle around Memphis Mayor A C Wharton was concerned.

They were concerned that Taser International, the camera supplier the city had picked, wasn’t getting close to the goal the city had set of at least 10 percent participation by minority- and women-owned business enterprises – MWBEs – in the total project spend.

52. Shelby County Commission Agrees to Budget Summit -

Shelby County commissioners will meet with Shelby County Mayor Mark Luttrell in October to hold a budget summit.

53. Health Care Rx -

The debate, hand-wringing, expert studies and frustrations over what to do about fixing the nation’s health care system are certainly a testament to the scale of the problem and the elusiveness, so far, of solutions.

54. Q&A: A Look at Volkswagen's Emissions Crisis -

German automaker Volkswagen AG admits that it rigged U.S. emissions tests so it would appear that its diesel-powered cars were emitting fewer nitrogen oxides, which can contribute to ozone buildup and respiratory illness.

55. VW Chief 'Sorry' After EPA Says Firm Skirted Clean Air Law -

WASHINGTON (AP) — The CEO of Volkswagen apologized Sunday and VW customers said they felt duped after the Environmental Protection Agency revealed that the German automaker skirted clean air rules by rigging emissions tests for about 500,000 diesel cars.

56. Memphis Financial Advisers Talk the Psychology of Money -

Wunderlich Securities Inc. financial adviser Jason Fair got a call in recent days from a client spooked over the volatility in financial markets.

57. Use EQ vs. IQ to Recruit Sales Talent -

Hiring sales talent is tricky, as it can be difficult to distinguish between those who are merely strong at interviewing and those who will actually be strong on the job. Why?

Sales people are particularly good at reading people and delivering the desired response. The trick is to peel back the onion during an interview to ensure you are getting an unfiltered view of each candidate, which can be done by combining two techniques.

58. 100 North Main Sells for $5 Million -

After months of threats to turn off power to the tallest skyscraper in Memphis, the 37-story office building has sold.

Boca Raton, Fla.-based IMH Memphis LLC, a Tennessee limited liability company, purchased the skyscraper for $5 million on Aug. 25.

59. UTHSC Pulls $20 Million Permit to Build Simulation Center -

26 S. Dunlap St.
Memphis, TN 38103
Permit Amount: $20 million

Permit Date: Applied August 2015
Owner/Tenant: The University of Tennessee
Contractor: Flintco Inc.
Details: The University of Tennessee Health Science Center is preparing for more construction as part of its campus overhaul.

60. 100 North Main Sells for $5 Million -

After months of threats to turn off power to the tallest skyscraper in Memphis, the 37-story office building has sold.

Boca Raton, Fla.-based IMH Memphis LLC, a Tennessee limited liability company, purchased the skyscraper for $5 million on Aug. 25.

61. Ballet Memphis Closes On French Quarter Suites Purchase -

2144 Madison Ave.
Memphis, TN 38104

Sale Amount: $4.2 million

Sale Date: Aug. 6, 2015

62. Memphis Search Marketing Firm Nabs Spot on Inc. 500 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

63. Memphis Firm HigherVisibility Nabs Spot on Inc. 5000 -

Search marketing firm HigherVisibility LLC was the highest-ranked Memphis company on the annual Inc. 5000 list, which ranks the nation’s fastest growing companies.

64. Regions Wealth Executive Talks Expansion, Growth Opportunities -

Travis LeMonte has been on the job for a little more than two months, but the executive leading Regions Private Wealth Management in West Tennessee already is talking expansion and adding to his team’s wealth management firepower.

65. Earnings Season Roundup -

International Paper Reports Q2 Earnings Growth: International Paper reports its second-quarter net earnings grew while net sales for the quarter decreased slightly.

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter earnings totaled $227 million, or 54 cents per share. That’s up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

66. Carriage Ride -

Carriage Crossing is experiencing strong leasing activity and rising sales numbers as it prepares for multinational clothing retailer H&M to open its first Memphis-area location this month.

In recent months, the Collierville lifestyle center landed the H&M store, which the Swedish retailer says it plans to open Aug. 13, an Off Broadway Shoe Warehouse and a Hickory Tavern restaurant.

67. Memphis Police Oversight Ordinance Back on Track After Wharton Backtracks -

Two days after an aide in Memphis Mayor A C Wharton Jr.’s administration said the mayor was against any changes to the 1994 city ordinance governing a Civilian Law Enforcement Review Board, Wharton himself said he is for the proposed changes.

68. Houston Levee Apartments In Cordova Fetch $17.5M -

9940 Paddle Wheel Drive
Cordova, TN 38016

Sale Amount: $17.5 million

Sale Date: July 9, 2015

69. Cordova Apartments Fetch $17.5 Million -

The Houston Levee Apartments community in Cordova has been sold for $17.5 million.

MA Houston Levee at Cordova LLC, which is affiliated with Mount Auburn Capital Group, acquired the 289-unit apartment complex at 9940 Paddle Wheel Drive in Cordova from USA Houston Levee DST, according to a July 9 warranty deed. The buyer filed a $13.4 million loan with Silverspeak Real Estate Finance LLC in conjunction with the purchase, according to a deed of trust filed the same day.

70. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

71. Cordova Apartments Fetch $17.5 Million -

The Houston Levee Apartments community in Cordova has been sold for $17.5 million.

MA Houston Levee at Cordova LLC, which is affiliated with Mount Auburn Capital Group, acquired the 289-unit apartment complex at 9940 Paddle Wheel Drive in Cordova from USA Houston Levee DST, according to a July 9 warranty deed. The buyer filed a $13.4 million loan with Silverspeak Real Estate Finance LLC in conjunction with the purchase, according to a deed of trust filed the same day.

72. Beware of Potential Buyers at Your Door -

It’s a little early for Halloween, but that’s not stopping adults dressed as real estate professionals from knocking on doors and looking for handouts.

But these little ghouls aren’t asking for candy. They’re looking for a big payday – as opposed to a Payday – and to take advantage of potential sellers in this robust market.

73. Nineteenth Century Club Owner Files Building Permit -

The owner of the Nineteenth Century Club is prepared to launch a renovation of the historic building on Union Avenue.

Union Group LLC has applied for a $2.17 million building permit with the city-county Office of Construction Code Enforcement to proceed with renovations to turn the home at 1433 Union Ave. into a restaurant. Archer Custom Builders is listed as the contractor on the permit.

74. Owner Files Building Permit For Nineteenth Century Club -

The owner of the Nineteenth Century Club is prepared to launch a renovation of the historic building on Union Avenue.

Union Group LLC has applied for a $2.17 million building permit with the city-county Office of Construction Code Enforcement to proceed with renovations to turn the home at 1433 Union Ave. into a restaurant. Archer Custom Builders is listed as the contractor on the permit.

75. Life Events and Your Financial Plan -

Ray’s take: The Greek philosopher Heraclitus said, “Nothing endures but change.”

When it comes to creating a financial plan, there’s always room for change. There are major events that occur in life that will require a review of, and revision to, your existing financial plan.

76. Justice Department: Food Companies Risk Prosecution for Outbreaks -

WASHINGTON (AP) – Following a deadly listeria outbreak in ice cream, the Justice Department is warning food companies that they could face criminal and civil penalties if they poison their customers.

77. NYSE Resumes Trading After Outage of More Than 3 Hours -

NEW YORK (AP) – Trading has resumed on the New York Stock Exchange after an outage of more than three hours caused by technical problems.

There was no interruption at the dozens of other U.S. stock exchanges Wednesday, including the Nasdaq, so investors were still able to buy and sell stocks easily.

78. Ikea Seeks $16 Million Permit For First Memphis Store -

Future Ikea Store
On 42 Acres In Cordova
Permit Cost: $16 million

Application Date: July 2015
Owner/Tenant: Ikea
Details: Ikea is moving forward with its massive retail store in Cordova.

79. Trade Schools Have to Find Grads Jobs, or Lose Financial Aid -

WASHINGTON (AP) – Exotic dancers hired as admissions counselors. Recruiters told to seek out "impatient" individuals who have "few people in their lives who care about them." Military personnel still recovering from brain damage told to sign on the dotted line.

80. 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.

81. Knoxville’s Amazing Network of Trails, Parks and Waterways -

With the Great Smoky Mountains looming in the distance, and no shortage of ball fields and other outdoor recreation sites closer at hand, Knoxville and its surrounding communities don’t lack for recreational opportunities.

82. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

83. Climate Change as Faith Issue a Tough Sell -

It’s been a tough few years for Tennessee Interfaith Power and Light. The state affiliate of a national network of faith communities, the organization offers its members a spiritual way to respond to climate change issues and challenges from political and other sources.

84. Local Investment Group Files $11.4 Million Loan -

Radiant Group of Properties LLC filed an $11.4 million loan with BancorpSouth Bank on June 14 for 14 of its retail properties around Memphis and Shelby County.

85. Sam’s Hamburgers in 100 N. Main Could Be Forced to Close -

Amjad “AJ” Odeh moved to Memphis in 1996 to partner with Osama Eltaych at the old Sam’s Hamburgers & More that was operating at 16 S. Front St.

86. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

87. Solana Senior Living Facility Sells for $65.5 Million -

8199 Poplar Ave.
Germantown, TN 38138

Sale Amount: $65.5 million

Sale Date: May 27, 2015

88. YMCA of Memphis Buys Downtown YMCA for $2.9M -

The YMCA of Memphis & the Mid-South has purchased the Fogelman Downtown YMCA for $2.9 million, according to public records.

YMCA acquired the building at 245 Madison Ave. from Forum 245 Madison LLC, according to a May 27 warranty deed. In conjunction with the purchase, the organization filed a $2.1 million loan with Regions Bank, according to a May 26 deed of trust. Keith Johnson, president and chief executive of the YMCA of Memphis & the Mid-South, signed the deed of trust.

89. Memphis Library Foundation Crowdfunds for Cloud901 -

This week, the Memphis Library Foundation launched its first crowdfunding campaign to raise $10,000 for needed equipment in its new teen learning lab Cloud901, opening this fall.

Thanks to donors Jack and Sandra Jones, that $10,000 will be doubled, with their commitment to match up to $10,000.

90. Salomon Joins Harkavy Shainberg -

Jason D. Salomon, one of the 25 lawyers in Tennessee certified as an estate planning specialist, has joined Harkavy Shainberg Kaplan & Dunstan PLC as a member of the firm.
Salomon focuses his practice primarily in the areas of estate planning, trust implementation and probate administration. He also addresses issues regarding disability planning, elder law, nonprofits and small-business succession.

91. YMCA of Memphis Buys Downtown Facility for $2.9 Million -

The YMCA of Memphis & the Mid-South has purchased the Fogelman Downtown YMCA for $2.9 million, according to public records.

YMCA acquired the building at 245 Madison Ave. from Forum 245 Madison LLC, according to a May 27 warranty deed. In conjunction with the purchase, the organization filed a $2.1 million loan with Regions Bank, according to a May 26 deed of trust. Keith Johnson, president and chief executive of the YMCA of Memphis & the Mid-South, signed the deed of trust.

92. Graceland Nursing Center in Whitehaven Sells for $1.1M -

1250 Farrow Road LLC filed a $1.1 million special warranty deed for the Graceland Nursing Center located at 1250 Farrow Road in Whitehaven on May 21.

93. Snapshot: Memphis-Based Public Companies -

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

94. Graceland Nursing Center in Whitehaven Sells for $1.1 Million -

1250 Farrow Road LLC filed a $1.1 million special warranty deed for the Graceland Nursing Center located at 1250 Farrow Road in Whitehaven on May 21.

95. Wal-Mart's Push on Animal Welfare Hailed As Game Changer -

NEW YORK (AP) – Wal-Mart's push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say.

Though the steps are voluntary, Wal-Mart, which sells more food than any other store, has a history of using its retail muscle to change the way products are made and sold across the retail industry.

96. 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.

97. Massey Helps Grow Memphis CCIM Chapter -

Unlike countless college students who hop from one major to another, Shawn Massey always knew he wanted to be involved in commercial real estate.

98. Rieger Begins Work at Memphis Chamber -

Tom Rieger recently joined the Greater Memphis Chamber as senior vice president of member development, a role in which he will oversee major fundraising activities, conduct membership drive campaigns and implement revenue enhancement opportunities.

99. REIT Acquires Three Hotels for $39.6 Million -

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard
Memphis, TN
Sale Amount: $39.6 million

100. Germantown Mayor Hosts Inaugural CEO Roundtable -

Germantown Mayor Mike Palazzolo recently hosted a meeting of area CEOs as part of the city’s new CEO Roundtable.

Palazzolo said he recognizes “the need for the top level executives within the city of Germantown to meet peer-to-peer and discuss matters of mutual concern regarding the challenges and opportunities that face our organizations and the greater community.”