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Editorial Results (free)

1. U.S. Home Prices Rise at Solid Pace in February -

U.S. home prices continued their steady upward march in February as buyers competed for a limited number of available properties.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5.4 percent that month compared with a year earlier, according to a report released Tuesday. That's down slightly from January's 5.7 percent rise.

2. Grinding Recovery -

Michael Drury is watching the current U.S. presidential season with a combination of professional detachment and an air of resignation.

Detachment, because part of his job as chief economist at Memphis-based McVean Trading & Investments is to keep abreast of what makes economies around the world tick. Part of that, of course, means at least some degree of focus on the man – or, possibly a few months from now, the woman – who sits astride the dominant global economy.

3. Last Word: Memphis Gets Busy, Elections Future and Past and Dad Rock In C-Y -

While their folks are still getting settled over in the front office at The Commercial Appeal, Gannett announces Monday an $815 million offer to buy Tribune Publishing which would put The Los Angeles Times and The Chicago Tribune in the expanding USA Today family.

4. Bridging a Divide -

The Mid-South is united by more than the Mississippi River, but that’s what it took to get the region’s mayors in the same room.

In the aftermath of the 2011 Mississippi River flood, damage stretched from Millington’s naval base to Memphis’ Beale Street. Leaders of the affected municipalities had to come together to apply for FEMA grants and plot their way out of devastation.

5. Melzie Wilson Appointed To Commerce Advisory Committee -

Melzie Wilson, vice president of compliance at Mallory Alexander International Logistics, has been appointed to the U.S. Department of Commerce’s Advisory Committee on Supply Chain Competitiveness by secretary of commerce Penny Pritzker. In her role at Mallory Alexander, Wilson is responsible for all government regulations the company must comply with, both in the U.S. and globally.
She’s also responsible, along with a compliance team, for ensuring Mallory Alexander’s clients stay compliant.

6. Middle Tennessee construction can’t meet demand -

When it comes to residential real estate around Middle Tennessee, there are plenty of buyers but not nearly enough sellers, says Heather Benjamin with Reliant Realty’s Benjamin McConnell Group. And new construction just can’t keep up with the demand.

7. Lot Availability, Prices Putting Home Construction Behind Demand -

The recent uptick in the residential real estate market is devouring what’s left of lot development that lagged during the recession, and tight supply is raising home prices in the Memphis area.

8. Poll: Americans Prefer Low Prices to Items 'Made in the USA' -

WASHINGTON (AP) – The vast majority of Americans say they prefer lower prices instead of paying a premium for items labeled "Made in the USA," even if it means those cheaper items are made abroad, according to an Associated Press-GfK poll.

9. Last Word: Tubby Fever, School Closings and March Real Estate Numbers -

The Tigers basketball grapevine is nothing but Tubby Smith as of Wednesday when the speculation was joined by torrent of rumors about contact between the Texas Tech coach and the University of Memphis.
Smith has now acknowledged he’s talking with the U of M.
More background on Smith from The Sporting News and Mike DeCourcy, a former sports reporter at The Commercial Appeal, that came out before everything went Tubby here.

10. Omni Charter School Buys Permanent Home -

3385 Austin Peay Highway
Memphis, TN 38128

Sale Amount: $1.3 million

Sale Date: Feb. 26, 2016

11. Mortgage Market Up 3 Percent In March -

Shelby County’s mortgage market closed out the first quarter by posting March numbers that headed in the direction bankers and real estate professionals like to see.

Last month’s total purchase mortgage volume was a little more than $131 million, up by $3.4 million over March 2015’s total of almost $128 million, for a gain of about 3 percent. That’s according to real estate information company Chandler Reports, www.chandlerreports.com.

12. UK's Daily Mail in Early Talks Over Bid for Yahoo -

The owner of Britain's Daily Mail newspaper and media group is in early talks over a bid for the ailing U.S. internet company Yahoo.

A spokesman for the DailyMail.com said Sunday that, given the success of its site and Elite Daily, it has "been in discussions with a number of parties who are potential bidders." He said the talks are in a very early stage and there is no certainty any transaction will take place.

13. Young Cherishes Role of Rebuilding Memphis Neighborhoods -

“I don’t want to be viewed as the most powerful person in Memphis,” said Paul Young, a Memphis native who became director of Housing and Community Development for the city of Memphis in January.

14. Last Word: The Zoo's Proposal, Health and Ed In Limbo and Annexation's Effect -

A busy weekend on several fronts not the least of which was Overton Park and the Greensward controversy.
The Greensward itself was pretty subdued on a chilly Saturday.
The action was to be found in an email the zoo sent out Saturday making some proposals and offering some thoughts on the traffic and parking study the Overton Park Conservancy released last week.
Here is our summary
of what the zoo is offering in what may be a new effort in the public discussion.
Of course, the private discussion which is the mediation effort continues. But it sounds like some of the mediation discussions may be finding their way into the public discussion.
The public discussion has been sporadically active but very muted so far. For instance there has been talk before of zoo parking on the eastern side of the park in what until recently was a city maintenance yard.
The proposal by the zoo was shot down pretty quickly because it included running a tram through the Old Forest.
But there are some scenarios that wouldn’t take such a tram through the Old Forest.
The zoo email from Saturday isn’t specific on how the folks who would park at the maintenance yard would get from there to the zoo.
Presumably that is grounds for some type of discussion.

15. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

16. Last Word: Pro Day, Hardwood Patios in C-Y and Memphis' Contested Convention -

It was a windy Pro Day Wednesday at the University of Memphis for Tigers quarterback Paxton Lynch. And if the wind wasn’t for you, you could watch Lynch work out for NFL teams and their representatives on the NFL network.
Don Wade was there to watch in person.

17. Spence Wilson To Keynote Dunavant Awards May 11 -

Spence Wilson, chairman of the board of Kemmons Wilson Companies, is the keynote speaker for the annual Bobby Dunavant Public Servant Awards to be held May 11 at the Holiday Inn University of Memphis.

18. Last Word: The Curtain Falls in Nashville, Political Cuneiform and Ramsey Talks -

And in less than a half hour Wednesday, the de-annexation drama that should qualify as the political equivalent of a Netflix binge-watchable television series made just for Memphis was done.

19. Can GOP Keep Grasp On Success Ramsey Built? -

As much as Tennessee Republicans want to put a happy face on the departure of Senate Speaker and Lt. Gov. Ron Ramsey, holding it together in the wake of his departure will be an awesome task.

20. Levy Dermatology Adds Danielle Levine -

Dr. Danielle Levine has joined Levy Dermatology as a dermatologist from Harvard Medical School, where she ran high-risk skin cancer, melanoma, surgery and cosmetic clinics. Levine brings expertise in skin cancer detection and treatment, as well as minimally invasive techniques for facial and body rejuvenation.

21. Sugar Services, an Elephant in South End Room, Plans to Stay -

In operation since 1969, Sugar Services is one of the last vestiges of the South End’s legacy as a heavy industrial area. While the factory has continued to process bulk sugar into liquid sugar from its site at 15 W. G.E. Patterson, at the southeast corner of Tennessee Street, developers attracted to the South Main Arts District have built condos and apartments on either side.

22. Beale Authority Encounters Familiar Headwinds -

Somewhere near the beginning of the Thursday, March 17, meeting of the Beale Street Tourism Development Authority, Caren Nichol talked about how unique the entertainment district is because of its cultural and historical importance.

23. Clark Butcher is Pedaling to Glory -

It’s 6 a.m. on a rainy Wednesday morning. Outside, the sun has not yet risen. But inside Victory Bicycle Studio, they’re already playing Rihanna. “We’re gonna start with some two-minute openers,” shouts Clark Butcher, over the thump of the music. “I want you at 70 percent of your max. Let’s go!”

24. Up, Up and Away -

The modern-day drone is both a high-tech military tool and a safer way to play humanitarian and deliver medicine and supplies to the suffering people of war-torn Syria.

The drone is everything from a stalking device to track poachers creeping through the South African bush hunting rhinos to the impetus for a potential commercial growth industry right here in Memphis.

25. Ulta to Join Nordstrom Rack in Poplar Commons Retail Center -

Ulta Beauty will be a neighbor of Nordstrom Rack in the upcoming Poplar Commons shopping center, set to open in the fall of 2017.

This will be the third Ulta store in the Memphis market and the first in the East Memphis submarket.

26. Last Word: Mudslide, The Deannexation Storm and Kilzer at Calvary -

Lots of news on a very rainy day including the flooding from the constant rain that closed some schools and cancelled a lot of other events. And then there was a mudslide on Riverside Drive from the bluff overlooking Tom Lee Park and the Mississippi River. The rain has also pushed the Wolf River to the point that it is now over some parts of the greenway in Germantown.

27. Last Word: Cubits Anyone, The G-Word and The TV News Crime Block -

How long is a cubit? After a day in which many of you got about four to five inches of rain and more to come Thursday, it seems an appropriate and timely question.
And yes, there is a cubit conversion chart on line for converting that and other really old units of measurement no longer in use like the mina, drachma or the synodic month.
So the average cubit, which is supposed to be the length of a forearm, is 18 inches or a foot and a half. That’s 0.4572 of a meter, which might as well be an ancient unit of measurement.
Someone had to say it.
According to biblehub.com – I’m not making up websites – the book of Genesis sets God’s instructions to Noah as an arc with the dimensions of 300 cubits long, 50 cubits wide and 30 cubits tall. And it was to be made out of gopher wood and covered inside and out with pitch.
The New Living Translation and Holman Christian Standard Bibles convert that to an arc 450 feet long, 75 feet wide and 45 feet high.

28. New-Home Sales Lag in February, Inventory Remains Low -

February home sales in Shelby County rose 18 percent over February 2015 while the average sales price fell 6 percent to $135,216.

With 1,111 total sales for the month, home sales revenue increased 10 percent year-over-year, according to data from real estate company Chandler Reports, chandlerreports.com.

29. Study: Renters' Rise Extends Beyond Big US Cities to Suburbs -

NEW YORK (AP) – In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent, according to a new study.

About 29 percent of metropolitan-area suburbanites were renters in 2014, up from 23 percent in 2006, according to a report being released Tuesday by New York University's Furman Center real estate think tank and the bank Capital One.

30. US Consumer Borrowing Growth Slows in January -

WASHINGTON (AP) – U.S. consumers bumped up their borrowing in January at the slowest rate pace in nearly three years, as outstanding revolving debt – such as credit cards – slipped from December.

31. Last Word: Election Day, Luttrell Makes It Six, And About "Executive Sessions" -

Can You Feel It? Tuesday is election day in Memphis and across the state in this presidential election year. And all indications are the turnout locally should be above the 24 percent mark we’ve been at in the last two presidential election years.

32. Italian Bike Maker Opens Binghampton Service Shop -

The professional biking world is looking to put Memphis on the map. Victory Bicycle Studio has been tapped to serve as the first U.S. service center for 3T, a Milan, Italy-based manufacturer of high-end bike components.

33. Last Word: Timing and Numbers, Old Dominick Takes Shape and Zip Lines To Spring -

Political opportunity is defined by timing.
Witness a look at the early voting turnout numbers in advance of Tuesday’s election day.

More than half of the more than 43,000 Shelby County voters who cast early ballots voted Monday and Tuesday – the last two days of an early voting period that began Feb. 10 – way back there when Martin O’Malley was the third Democratic presidential contender and Jeb Bush was considered a force to be reckoned with in the Republican primaries.

34. US Home Market: Sales, Prices Up But Not Enough Supply -

WASHINGTON (AP) – U.S. home sales are climbing. Prices are rising, too. So the outlook for the housing market is golden, right?

Not entirely.

A series of reports released Tuesday pointed to potential cracks in the foundations of America's residential real estate market.

35. Colliers' Tim Mashburn Earns Top Performer Award -

Local real estate broker Tim Mashburn was recognized as one of Colliers International Group Inc.’s top performers in 2015 across the U.S., Canada and Latin America.

36. Patrick Accounting Firm Growing Again, With HQ Move -

Growth has been one of the constants of the accounting firm Matthew Patrick founded in 2003 which bears his name.

37. Orleans at Walnut Grove Sells for $29.2 Million -

317 Royal Chartres Square E.
Cordova, TN 38018

Sale Amount: $29.2 million

Sale Date: Feb. 4, 2016

Buyer: PC Orleans LLC

38. Last Word: Love and Glory and Guitars, New Frost and Scalia's Passing -

To each his or her own on Valentine’s Day observances Sunday that become Valentine’s Day memories with the arrival of Monday.

The Majestic Grille, for instance, had the movies Roman Holiday and Casablanca back to back on the screen of the movie theater turned restaurant.
No sound, but you really don’t need sound for the scene where Audrey Hepburn takes the throne with Gregory Peck and a beatnik Eddie Albert among the press corps at the rope line.
And The Majestic saved The Second Line in Overton Square with a loaner of some champagne after Second Line ran a bit short.
Chef Kelly English thanked the Majestic via Twitter for “saving our sweet Valentine’s Day asses.”

39. Tim Mashburn Earns Top Award -

Local real estate broker Tim Mashburn was recognized as one of Colliers International Group Inc.’s top performers in 2015 across the U.S., Canada and Latin America.

40. New Numbers: Memphis Industrial Market Breaks Records -

The Memphis industrial sector had a banner year in 2015. According to year-end data from Cushman & Wakefield/Commercial Advisors, last year’s absorption level came in at 8.4 million square feet, 2 million square feet higher than 2006’s pre-recession levels and a record for the market.

41. Last Word: The First Surrogate, Parkside at Shelby Farms and Manilow Memories -

Here they come, fresh from Iowa and New Hampshire – first the surrogates and in the next two weeks the Presidential contenders themselves.

The nation’s “first surrogate” – former President Bill Clinton is at Whitehaven High School Thursday evening to rally early voters in the heart of a large reliably Democratic middle class community.
And it is that voter base that was integral to Barack Obama carrying Shelby County in the 2008 Democratic Presidential primary even as Hillary Clinton carried the state that year.
As mentioned here Tuesday, the local Bernie Sanders campaign opens its Memphis HQ over the weekend.
Hillary Clinton headquarters in Memphis and Nashville are on the way soon with the Nashville HQ opening Thursday as the former President is in Whitehaven and the candidate is preparing for another television debate Thursday in Milwaukee with Sanders.
And early voting opened Downtown Wednesday.
The first day's turnout Wednesday was 177 early and absentee voters. Combined with another 645 absentee votes cast before the early voting period, that makes 822 early or absentee votes.
Another Republican contender on the ballot in Tennessee is out of the race. New Jersey Gov. Chris Christie dropped out the day after his dismal finish in New Hampshire. He did not have a slate of delegates on the ballot here.

42. Mortgage Market Sees Small January Dip -

Shelby County’s mortgage market kicked off 2016 reflecting a bit of the backwards step other sectors of the economy, such as the stock market, have taken in recent weeks.

Looking at purchase activity, new mortgage numbers available for January show mortgage volume last month slipped 3 percent to $86.7 million, compared with $89.4 million in January 2015. That’s according to real estate information company Chandler Reports, chandlerreports.com.

43. Last Word: Leaving Warren and Tulane, New Police Brass and Losing Housing -

Post Super Bowl edition of Last Word: Broncos 24 – Panthers 10 – Lady Gaga’s National Anthem kudos – Coldplay/Bruno Mars/Beyonce ambitious halftime extravaganza got lost in spots by bad sound.

44. Spirited Courtrooms -

Nine or 10 years ago, in a court I know well, something along the following lines was said between a judge and a somewhat aggrieved defendant in traffic court:

Defendant: Judge, the police in this city have harassed me and my family for three years. They stop us three-four times a month, just to check our driver’s licenses. They know about the suspensions from Florida and Georgia. And that this state’s bureaucrats will not issue a license to us.

45. Collaborative Aims to Enhance Memphis Medical District -

In 2016, the Memphis Medical Center will see $1.8 million in upgrades and enhancements aimed at creating a unified, livable district. That’s the annual budget for the newly established Medical District Collaborative, a nonprofit entity made up of the area’s stakeholders and executives.

46. Last Word: Post Caucus, Fincher's Exit, 1919 Handwriting and Your Rolodex -

That close (very little light between index finger and thumb) between Clinton and Sanders in Iowa Monday evening.
Both live to fight another day in another state—New Hampshire.
And because it is Iowa – they each get to declare victory as long as they don’t go into a lot of detail about the totals.
This is one of those cases where it is like horsehoes and hand grenades – close does count.

47. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

48. Black-Owned Business Revenue Drops in Memphis -

Bad has turned to worse, according to the latest data from the U.S. Census Bureau's Survey of Business Owners.

Memphis’ population is majority African-American, but black-owned establishments earn only 0.83 percent of business revenue citywide.

49. Few US Neighborhoods Affordable, Walkable With Good Schools -

WASHINGTON (AP) — Few neighborhoods can match the perks of Adams Morgan in Washington, D.C. — a reality that reflects a broader problem for the U.S. housing market.

Residents of Adams Morgan enjoy a bevy of bars, restaurants, exercise studios and shopping, just steps from their row houses and condo buildings. Home values are reasonable relative to neighborhood incomes. And in general, the area schools rate as better than average nationally.

50. US Home Prices Rise in November; All-Time Highs in 4 Cities -

WASHINGTON (AP) — U.S. home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market.

51. The 5 Applicants for Mud Island Redevelopment -

Each company that applied to redevelop Mud Island River Park has a month to submit its detailed proposal, including specific plans and how they would be financed, to the Riverfront Development Corp.

52. Last Word: Kroger Disses Clarence Saunders, Mud Island Plans and The Australians -

What is old has become new again. And judging by your reaction to Andy Meek’s story on the Kroger plans for online ordering of groceries, what is old has gone viral as well.
Here are the basics:
You order from a list of items and Kroger fills the order and has it waiting for you to pick up.
When you think about the idea of supermarkets, which originated here in Memphis with Piggly Wiggly, it’s enough to make the Piggly Wiggly founder himself, Clarence Saunders, spin in his grave.
Before he came up with the idea of taking store shelves from behind the counter and putting them out there for you to get your own stuff from them, you would tell your grocer what you wanted and he would write it down on a paper bag and get it for you, wrap it up and present it to you.
Saunders changed all of that as you know if you’ve seen the Pink Palace’s child-sized replica of a Piggly Wiggly store from the start of the 20th century.
A century later, no paper bags and you can still walk among the shelves if you wish.
Perhaps this isn’t that extreme. Maybe this is simply a swing of the pendulum, back toward the middle ground.
Saunders tried to push it even further with his Keedoozle stores that followed Piggly Wiggly. In those stores, the items were lined up in what amounted to vending machines with shoppers releasing an item from the vertical row with a key.
Here Saunders went too far. He mashed the bread.

53. Five Mud Island Proposals Go Public -

A Memphis resort hotel group headed by mortgage banker and hotel manager Paul Westphal is proposing a 500-room resort hotel and spa in Mud Island River Park that would incorporate the island’s River Walk in its lobby.

54. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

55. International Real Estate Firms Find Purchase Potential in Memphis -

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

56. Belz Sells Linden Camilla Towers for $14.4M -

An entity affiliated with Belz Enterprises has sold the Linden Camilla Towers in Midtown for $14.4 million.

The 11-story senior living apartments, located 256 S. Camilla St., are still under local ownership.

57. Impatient Clemmons Anxious for Minority Voice to Be Heard -

Democratic state Rep. John Ray Clemmons is only halfway through his first two-year term representing District 55 in Nashville. But he’s not willing to wait years to speak out or push for change.

58. Olymbec Compiling Airport-Area Office Park -

Olymbec USA LLC is gaining critical mass near Memphis International Airport with the planned purchase of a 133,600-square-foot office building at 2600 Nonconnah Blvd.

59. Belz Sells Linden Camilla Towers for $14.4M -

An entity affiliated with Belz Enterprises has sold the Linden Camilla Towers in Midtown for $14.4 million.

The 11-story senior living apartments, located 256 S. Camilla St., are still under local ownership.

60. Shelby County Housing Market 'Back to Normal' in 2015 -

The Memphis and Shelby County housing market moved closer to prerecession levels in 2015 as the year closed with the highest home sales revenue recorded since 2007.

There were 16,176 sales recorded last year, up 3 percent from 2014, according to real estate information company Chandler Reports, chandlerreports.com.

61. Last Word: Legislature's Return, Uber Pilot, Minivan Comeback and Bowie's Exit -

The gavel falls in Nashville.
The Tennessee legislature is back in session Tuesday. This is an election year session for the legislature. So it will be short – likely an early April adjournment. But that doesn’t mean the session is without expectations from outside Nashville.

62. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

63. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti -

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

64. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

65. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

66. CBRE Acquires Memphis Affiliate -

CBRE Memphis has gone from being an affiliate of CBRE Group Inc. to becoming part of the Fortune 500 real estate service and investment firm.

67. What 2016 Will Do to Your Checkbook: Rent, Food, Gas, Raises -

Wondering how you will fare financially in 2016? Below are what experts think next year will hold for financial matters close to home: Raises, rent, gas, food and health.

WILL YOU GET A RAISE NEXT YEAR?

68. Last Word: Out With the Old, In With The River -

We end 2015 with an eye on the Mississippi River as the city marks the New Year with three major New Year’s Eve outdoor celebrations – one on Beale Street, another in the newly-awakened Overton Square and yet another in the Broad Avenue Arts District.
Two come with lots of memories of past New Year’s eves – with soon-to-be memories.
Overton Square’s comeback as a theater district has been a big story of the last two years.
But Beale Street at the end of 2015 is an institution that has also seen a lot of change in the last year with the move to a Beale Street Tourism Development Authority at year’s end.
Broad is a different story with a different context. The context is a diversified Memphis whose crowd is likely to be at least slightly more local than the mix in Overton Square and on Beale Street.
It's example could very well show us the path to a New Year's eve with public celebrations from Whitehaven to Frayser.

69. Sports Legacy Award Winners to Be Honored at MLK Game -

Jalen Rose, Spencer Haywood and Tamika Catchings are the recipients of the 11th annual National Civil Rights Museum Sports Legacy Award and will be honored on Martin Luther King Jr. Day – Monday, Jan. 18 – when the Grizzlies play the New Orleans Pelicans at FedExForum.

70. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

71. Refugees, Regents, Privatization On Tap for New Session -

State Sen. Ken Yager isn’t quite ready for the state of Tennessee to reclaim the Refugee Resettlement Program from Catholic Charities.

72. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

73. US Home Prices Climb in October, Helped By Solid Job Market -

WASHINGTON (AP) – Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5.5 percent in the 12 months ending in October, up from a 5.4 percent pace in September, according to a report released Tuesday.

74. Earthman Promoted at Geotechnology -

Doug Earthman Jr. has been promoted to business development associate at Geotechnology Inc., a geotechnical engineering and environmental services firm. In his new role, he’ll develop and maintain relationships with clients throughout Tennessee, Mississippi and Arkansas in markets that include transportation, manufacturing, energy, institutional and commercial developments.

75. Last Word: Watching The River, The Clerk's Inner Circle and Universal Bankers -

The Mississippi River is on the rise here and elsewhere which means for many of us the New Year will include a look at the river and memories of 2011 when the river at Memphis was the highest it had been since the record 1937 flooding.

76. Crestview Collection Makes New HQ in Oakhaven -

4300 Concorde Road
Memphis, TN 38118

Sale Amount: $6.9 million

Sale Date: Dec. 15

Buyer: CLI Inc.

Seller: Lester McMahan Partnership

Loan Amount: $6 million

77. Midway Point -

A quality, affordable neighborhood for low- to moderate-income Memphians. That’s developer Henry Turley’s ongoing vision for Uptown, a North Memphis neighborhood benefiting from $150 million in redevelopment efforts.

78. What 2016 Will Do to Your Checkbook: Rent, Food, Gas, Raises -

Wondering how you will fare financially in 2016? Below are what experts think next year will hold for financial matters close to home: Raises, rent, gas, food and health.

WILL YOU GET A RAISE NEXT YEAR?

79. Beale Board Approves Lease With City -

This was all supposed to be settled legally in 2014. But the stickiest legal dispute of many involving the Beale Street entertainment district may be coming back to life.

As the Beale Street Tourism Development Authority approved a 25-year lease with the city of Memphis last week, which includes five renewal options of 15 years each, it learned the city has suspended payments to the Beale Street Development Corp.

80. Civil Asset Forfeiture: 'It's a State License to Steal' -

The drugs in Kathy Stiltner’s car were over-the-counter antacids. The $12,000 in cash was from an inheritance. Still, police took the money – quite legally – and are still fighting to keep it, even after the drug charge was dropped.

81. Memphis' Grocery Wars -

After Sprouts became one of the newest grocery chains to enter the Memphis market by opening stores in Lakeland and Germantown earlier this year, company spokesman Diego Romero described the chain’s arrival as practically a no-brainer.

82. Versant Inks Office Lease at Germantown Park -

Memphis-based Versant Supply Chain is going corporate with a newly signed anchor tenant lease in the Germantown Park office development near Germantown Parkway and Walnut Grove.

The seven-year commitment is a big move for Versant, which has been operating out of built-in office space at its 4105 Mendenhall Road warehouse.

83. The Week Ahead: Nov. 30, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from snow and sledding at the Levitt Shell to orientation for members of the new Memphis City Council...

84. Home Values Point to a Sharp Wealth Divide Within US Cities -

WASHINGTON (AP) — It's still possible in Boston for a mail carrier, an accountant and a Harvard-trained psychiatrist — basically, the crowd from "Cheers" — to live as neighbors.

That finding by the real estate brokerage Redfin makes the capital of Massachusetts a rarity at a time when neighborhoods in most U.S. cities are increasingly isolated from each other by income and home values.

85. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

86. 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.

87. Marriott Becomes World's Largest Hotelier, Buying Starwood -

NEW YORK (AP) — Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.

88. Tennessee’s Landlords Find Hidden Costs of Privatization -

Murfreesboro businessman Tom Hyde felt the sting of Tennessee’s privatization practices two years ago when a representative of Jones Lang Lasalle notified him he would have to pay the company a commission as part of his next lease agreement.

89. McDonald's Won't Pursue Real Estate Investment Trust -

OAK BROOK, Ill. (AP) — McDonald's says it will not pursue spinning off its real estate assets.

The world's largest hamburger chain, which is in the midst of a turnaround plan, had been considering forming a real estate investment trust partly because of the potential tax advantages it could provide.

90. Shelby County Home Sales Edge Down in October -

Memphis and Shelby County home sales decreased 9 percent this October compared to the same month last year, but the decline could be related more to a lack of inventory than a lack of interest.

There were 1,344 sales recorded for October, compared with 1,472 recorded for the same time last year, according to data from real estate information company Chandler Reports, chandlerreports.com

91. US Housing Recovery Divided on Age, Race and Place -

WASHINGTON (AP) — It's the most profitable time to sell a house since the Great Recession started in late 2007. But first-time buyers are increasingly scarce.

More Americans are qualifying for mortgages, yet minorities still get disproportionately rejected.

92. Corker Blames Accounting Firm for Disclosure 'Filing Errors' -

CHATTANOOGA, Tenn. (AP) — Republican U.S. Sen. Bob Corker of Tennessee is blaming his accounting firm for making "filing errors" in disclosures about the Republican's trades in shares in a hometown real estate firm.

93. Conference Aims to Spark Positive Change, One ZIP Code at a Time -

The world can be a big place, even within one city or a single ZIP code. But the world also can be made smaller when the right kinds of lines are crossed.

Steve Nash founded nonprofit Advance Memphis in 1999, beginning an ambitious project without end. His goal: bring economic sustainability to the people living in and around the Cleaborn/Foote Homes public housing developments in South Memphis’ 38126 ZIP code, the poorest urban ZIP in Tennessee.

94. Andy Cates: Memphis in ‘Pivotal’ Time -

When more than 100 of the city’s most prominent developers and real estate professionals got together Tuesday, Nov. 3, at the Crescent Club in East Memphis, much of the focus was on a list of more than two dozen real estate projects.

95. Shadyac Gives More Clues on St. Jude Expansion Plans -

Rick Shadyac, president and CEO of St. Jude Children’s Research Hospital’s fundraising arm, has revealed further details about the hospital’s expansion plan.

Shadyac addressed the Memphis chapter of Lambda Alpha International on Tuesday, Nov. 3, saying St. Jude/ALSAC is committed to the city and that “significant” and “transformational” plans are on the way that would grow the hospital’s reach and uplift the Pinch District and Memphis Medical Center.

96. SEC Opens Door to Startup Investing For All -

WASHINGTON (AP) — A new form of crowdfunding is coming soon that will allow startups to raise money by selling stock to Main Street investors.

The Securities and Exchange Commission on Friday adopted rules implementing a 2012 law that opened the door to securities crowdfunding. The vote was 3-1 at a public meeting.

97. Office, Industrial Real Estate Enjoy Strong Third Quarter -

Memphis’ industrial and office sectors are seeing healthy activity, and some areas are experiencing record fundamentals.

At the Crescent Center building in East Memphis, prices per square foot have reached $30.50, a level that hasn’t been seen before in the Memphis market.

98. Bipartisan Brakes for Governor Haslam’s Privatization Push -

Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.

A master of downplaying big issues, Haslam says he’s simply looking for ways to make government run more efficiently and save money.

99. State Systems Inc. Buys New HQ -

One of the Economic Development Growth Engine’s latest payment-in-lieu-of-taxes recipients is expanding its market footprint and real estate holdings with the recent purchase of seven Memphis properties.

100. What You Should Know About Renters Insurance -

Did you know that only 31 percent of renters in the United States have renters insurance? Those of us in the real estate industry consider that startlingly low. But why should you consider renters insurance?