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Editorial Results (free)

1. Last Word: Wahlburgers, CA For Sale and Council Day -

We really go for hot food brands around here – whether its restaurants or supermarkets. And it makes us suckers to some degree. I don’t mean that in a bad way. Memphis without being open to all possibilities and what others see as impossible is just not Memphis. But when it comes to the business of brands sometimes you start to wonder. We may be guilty of putting too much weight on a brand to solve problems that no brand anywhere can solve.

2. Last Word: Centennial, Rental in Arlington and Monterey 50 Years Later -

The county leaders whose entities signed onto the 2012 memo with the Justice Department that launched concentrated change at Juvenile Court want U.S. Attorney General Jeff Sessions to end the memorandum agreement. Word of the June 9 request came this weekend along with the disclosure in the letter that the Justice Department had dropped 17 items in the memo two months ago at the request of county leaders. The three areas left are the most debated of the problems the Justice Department found at Juvenile Court in a study and examination over several years that resulted in the scathing 2012 report and the memorandum that followed, avoiding a Justice Department move to federal court.

3. First Horizon CFO Talks Capital Bank Merger -

First Tennessee Bank’s parent company is a $30 billion financial institution that’s put its cash to work the last few years by buying back almost 10 percent of its shares and pursuing smaller mergers and acquisitions.

4. Last Word: Surveillance Suit Settled, New Homes Sales Numbers and No Wind -

One of the two federal court lawsuits alleging illegal police surveillance of protesters by Memphis Police has been dropped. It is the lawsuit filed by “Fight for $15” activists and that campaign’s Mid-South Organizing Committee. It comes with something for both sides. The city still denies illegal surveillance of protesters. And the activists get a settlement letter that states police will not conduct surveillance on three of the activists by name, without probable cause. The lawsuit was dismissed this week by federal judge Sheryl Lipman without prejudice meaning it could be refiled.

5. Shelby County Home Sales Heating Up Before Summer -

A solid spring has sown the seeds for an even better summer as the red-hot Memphis area real estate market enters its busiest time of the year.

The average home sales price in May was $169,549, a 10 percent increase from $154,171 a year ago, according to real estate information company Chandler Reports, chandlerreports.com.

6. Crye Ranked Among Top Residential Power Brokers -

Harold Crye, co-founder and CEO of Memphis-based Crye-Leike Real Estate Services, has been named to the 2017 Swanepoel Power 200 (SP200) list, which lists the 200 most powerful leaders in the residential real estate industry.

7. Jerry’s Sno Cones Files Permit for Cordova Shop -

In this week’s Real Estate Recap, one of the most iconic dessert spots in Memphis gets ready to expand, Crosstown Concourse is getting ready for its official grand opening and FedEx Ground upgrades its diesel facility...

8. Seay Leading Raleigh UPP In Parental Coaching Efforts -

The ACE Awareness Foundation’s fourth Universal Parenting Place recently opened at Christ Community Health Services in Raleigh, with Tara Seay serving as site director/parenting coach. Seay is a licensed professional counselor–mental health service provider.
In her new role at the Raleigh UPP, she’ll provide parents and caregivers with individual therapy and give clinical insight in group therapy programs. In addition, she will develop new programs over time to cater to the needs of the population that we serve in the Raleigh area.

9. Crye Named Among Top 20 Residential Power Brokers in US -

Harold Crye, co-founder and CEO of Memphis-based Crye-Leike Real Estate Services, has been named to the 2017 Swanepoel Power 200 (SP200) list, which lists the 200 most powerful leaders in the residential real estate industry.

10. First Tennessee Explores What’s Next As Customers, Technology Converge -

As executive vice president of consumer banking for First Tennessee Bank, Tammy LoCascio’s job means that she spends part of every day thinking about the future.

11. Fed Fines Deutsche Bank $41M Over Money Laundering Controls -

WASHINGTON (AP) – The Federal Reserve has fined Germany's largest bank $41 million for failure to maintain controls against money laundering in its U.S. operations.

The U.S. regulators announced the penalty against Deutsche Bank on Tuesday, citing "unsafe and unsound practices." The global bank also agreed to an order requiring it to improve oversight by senior management in complying with anti-money-laundering laws in the U.S. operations.

12. View From the Hill: GOP Points True North on State’s Moral Compass -

It was billed as the start of the 2018 governor’s race, but the GOP’s Reagan Day Dinner in Murfreesboro last week often sounded more like a tent revival.

Vote for one of these candidates and you’re guaranteed a place in heaven, ran the subtext of the evening, because, after all, everyone knows only Republicans know the road to salvation.

13. Financial Federal Hits $500M in Assets -

Financial Federal has hit a milestone in recent weeks – reaching $500 million in assets – that bank president William Tayloe said confirms the plan the bank is following to achieve organic growth is working.

14. Barbecue Restaurant Scene Heats Up in Memphis -

Memphis has enjoyed a bumper crop of barbecue restaurant news in recent weeks, from tweaks to some business’ existing locations and plans by others to expand. And that trend isn’t letting up anytime soon.

15. Memphis-Based MAA Thriving As Demand for Rental Housing Grows -

Since it was founded by George Cates in 1977, real estate investment trust MAA has grown from an upstart local business into a S&P 500 company with more than 100,000 units and total market capitalization of $16 billion.

16. Editorial: We Must Stand Together To Fight Memphis Blight -

The saying is you can’t see the forest for the trees. And at times that is what Memphis’ seemingly eternal battle with blight feels like.

Before you can address properties that have become eyesores in once-proud communities, you must sort through the red tape and bureaucracy that protects these monuments to neglect.

17. Last Word: Sessions Notes, Lakeland Elects and Golf Classic Turns 60 -

U.S. Attorney General Jeff Sessions doesn’t stick with the script he has when he makes a speech, like the one he gave Thursday at the federal building to a room full of federal prosecutors and local and state law enforcement. Some of that comes from his background as a former U.S. Attorney and Alabama’s Attorney General, not to mention his tenure as a U.S. senator.

18. Mueller Approved for 10-Year Tax Abatement to Relocate to Collierville -

The Collierville Board of Mayor and Aldermen approved Mueller Industries’ request for a 10-year tax abatement, paving the way for the company to begin the process of relocating its corporate headquarters to Collierville.

19. Last Word: Centennial, Hackett Retires -- Sort Of and Baseball Dreams -

Monday marks 100 years since a mob took Ell Persons off a train and to the Macon Road Bridge across the Wolf River and burned him alive. It was the lynching that gave birth to the Memphis Branch NAACP one month later. The national NAACP field office investigator who came to Memphis at great personal peril to investigate Person’s death was none other than James Weldon Johnson, the man who also composed “Lift Every Voice and Sing.”

20. Cai to Lead Memphis Chamber’s International Business Efforts -

Jinliang (Jin) Cai has joined the Greater Memphis Chamber as vice president of international business development. In that role, Cai will be directing efforts both to grow foreign direct investment in Memphis and Shelby County and to increase the volume of local exports to foreign markets. 

21. Last Word: "A Downward Spiral", Outdoors Pop-Up and Haslam in Raleigh -

At the end of another day of alarming news and denials from the White House, U.S. Sen. Bob Corker of Tennessee used a new phrase that has significance in a cycle of action and reaction and more action in which many of us gauge reaction by whether the person speaking has an R or a D after their name. The lines are that clearly drawn.

22. Last Word: Murphy's, Mount Arlington in Midtown and Surgery Open House -

Senses, the nightclub on the eastern side of the Poplar viaduct, is back. Apparently it’s been back for a little while but the top code enforcement official involved says it is news to him and may be a violation that puts this matter in Environmental Court.

23. Losses at JC Penney Double, Sales Slide, As Do Shares -

PLANO, Texas (AP) – Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers.

Though the loss at first did not appear as bad as many industry analysts had expected, many soured on even that after a closer look.

24. Last Word: Deeper on Beale, End of Session and Johnny Mathis -

Beale Street keeps its cover charge on Saturday nights during its Memphis In May peak. But the district has some complex questions to resolve about its future and who controls that future. If that wasn’t evident before, it became apparent at City Hall Tuesday. It wasn’t the council action on the Beale Street Bucks program that was significant as much as it was the council’s discussion.

25. Last Word: Council Day Issues, 'A Man Of Color' and East Memphis 'Novel' -

A busy day at City Hall Tuesday by the City Council agenda and by at least one completely unplanned moment during council budget committee sessions. It was so busy that at the start of Tuesday’s council session, chairman Berlin Boyd couldn’t find his gavel and technical glitches prompted him to ask for a can of WD-40. Throw in a visit to City Hall by civil rights leader Rev. Jesse Jackson and you have our comprehensive same night rundown of how it went and for whom it went.

26. Mid-South Realty Endures Market Fluctuations -

Much like the famous Property Brothers on HGTV, Jerry and George Couloubaritsis make realty a family affair. Their company, Mid-South Realty, is turning 25 years old in October, and is a respected institution in the world of Memphis real estate.

27. Shelby County Mortgage Market Slips Slightly in April -

Shelby County’s mortgage market kicked off the second quarter in April by slipping a little on a total volume basis, although the market is still looking better year-to-date than it did at this time last year.

28. Last Word: Railgarten Redux, Raleigh Springs Mall and Forrest Author Speaks -

Railgarten II, Son of Railgarten, Railgarten, Beyond the Board of Adjustment, Railgarten, Enter The City Council … Take your pick of sequel titles. Railgarten goes back to the City Council Tuesday for at least a committee discussion in which the council considers whether it should take back the special use permit it granted the bar-restaurant. This is a follow up to the Board of Adjustment decision last month to delay any action on approving the other annexes of the business for 30 days.

29. Kemmons Wilson Cos. Continues in the Spirit of its Founder -

McLean T. Wilson has a statistic he likes to keep top of mind: 94 percent of third-generations businesses fail. Kemmons Wilson Cos. (KWC), the enterprise founded by McLean’s grandfather, Kemmons Wilson, is in the other 6 percent.

30. After More Than 70 Years, Colliers Continues to Pay it Forward -

In 1946, a small real estate company called Wilkinson & Snowden Inc. took root in Memphis as many of the city’s post-war expansion projects were just getting started. And though the names and faces have changed several times over the years, the culture of the company largely has remained intact for more than 70 years.

31. New York Firm Pays $23M for 3 Germantown Hotels -

7750 Wolf River Blvd., 9314 Poplar Pike and 9320 Poplar Pike, Germantown, TN 38138 | Sale Amount: $23 million

Sale Date: April 28, 2017

32. New York Firm Pays $23M For 3 Memphis-Area Hotels -

AR Global Investments, a New York-based asset management firm, has purchased a trio of Germantown hotels for a combined $23 million from Austin, Texas-based Summit Hotel Properties, according to three warranty deeds filed with the Shelby County Register of Deeds on April 28.

33. Economy In Flux -

With apologies to Dickens’ “A Tale of Two Cities,” for the professionals who follow economics for a living this is very much the best of times and the worst of times.

The moment is one of abundant optimism and rampant uncertainty. “Directionally,” they like to say, things look positive. And yet so much could still go very, very wrong.

34. Crosby Plants a Park in the Shadow of Skyscrapers -

How do you repurpose a blighted old Burger King? That’s the question Scott Crosby was facing. “Initially we thought we’d make it a bar, or maybe a restaurant,” he says. “But the building was too dilapidated. Then we thought, maybe a parking lot, but the space was too small.”

35. Trump Plan Would Cut Taxes for Companies – And People, Too -

WASHINGTON (AP) – President Donald Trump proposed dramatic cuts in corporate and personal taxes Wednesday in an overhaul his administration asserts will spur national economic growth and bring jobs and prosperity to America's middle class. But his ambitious plan is alarming lawmakers who worry it will balloon federal deficits.

36. Last Word: Two Science Marches, Bill Lee Kicks Off and Andrew Young on Ben Hooks -

Rainy Sunday in the city with ponchoed partisans of the Porter-Leath Ragin' Cajun gathering and Africa in April overlapping from the riverfront to Danny Thomas Boulevard. In Germantown, it was a soggy but colorful 5k for the Germantown Municipal School District with shades of blue, orange and of course pink, or was it red?, at different parts of the run.

37. NAREB Kicks Off Events to Build Black Homeownership -

With homeownership rates among African-Americans 20 percent below the national average, the National Association of Real Estate Brokers has launched a “Two Million Black Homeowners in Five Years” initiative with the hopes of closing the homeowner gap.

38. Andrews Gazes into Memphis’ Green Future -

Imagine you’re in a helicopter. Stretched out beneath you is one of the country’s largest urban parks – 4,500 acres of sprawling hills, glistening lakes, and furry green forest, dotted with tiny people who are walking, cycling, picnicking, fishing, kayaking and riding horses.

39. Last Word: Signs of Life in San Antonio, Steel & Rice and Marco Pave's Rap Opera -

The Grizz were down 19 to the Spurs at the end of the first half in Monday’s game two of the NBA playoff’s opening round – 26 earlier in the game -- and had it down to four at the point in the fourth quarter when Grit & Grind came back to life. It was a short if eventful and promising return to life with the Spurs winning 96 – 82. Game 3 Wednesday at the Forum. And Tigers basketball is well into an eventful off-season of Snapchat moments and “junior college” signings.

40. Events -

Shelby County Real Estate Road Show, co-sponsored by Shelby County Trustee David Lenoir and Chandler Reports, will be held Monday, April 17, from 5:30 p.m. to 6:30 p.m. at Memphis Botanic Garden, 750 Cherry Road. Learn about the county’s tax sale process and anti-blight initiative, as well as how to bid on commercial, industrial and residential properties through the Civic Source online system. Cost is free. Register at rersmemphis42017.eventbrite.com or email kwhitaker@shelbycountytrustee.com.

41. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

42. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

43. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

44. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

45. Setting New Tax Rate After Reappraisal Becomes ‘Moving Target’ -

For local government leaders, the 2017 countywide property reappraisal is about resetting the property tax rate for Shelby County government and all seven of the cities and towns within the county.

46. Events -

The Dunavant Public Servant Awards luncheon, co-sponsored by The Rotary Club of Memphis East and The Daily News, will be held Tuesday, April 18, from 11:30 a.m. to 1 p.m. at the Hilton Memphis, 939 Ridge Lake Blvd. Awards will be presented to Collierville Mayor Stan Joyner and Memphis Public Library & Information Center director Keenon McCloy, and U.S. Sen. Bob Corker will give the keynote. Tickets are $50. Call 901-754-1615 or email lmhughes@costconsulting.net.

47. Condominium Inventory Runs Dry As Popularity Soars, Sales Improve -

2016 was a big year for Memphis’ condominium market. Sales were up 18 percent from 2015, driven primarily by brisk sales at the Artesian Metropolitan Residences, the luxury high-rise on Riverside Drive. Excited reports were made of a renaissance in Memphis condo sales. It seemed as if everyone wanted a condo, and wanted one fast.

48. Initiatives Geared at Boosting Owner-Occupied Housing -

Nearly a third of all homes in Shelby County are owned by investors, a fact which has state and city leaders looking for ways to stem the tide and encourage locals to buy into their communities through owner-occupied homeownership.

49. Events -

SRVS Kids & Families will host the 21st annual 5K Bunny Run and 1-mile Family Fun Run/Walk on Saturday, April 15, at 9 a.m. at Independent Presbyterian Church, 4738 Walnut Grove Road. Registration begins at 7:30 a.m. The event includes a visit by the Easter bunny, egg hunt, music, food trucks and more. Visit bunnyrun.racesonline.com for registration fees and information.

50. Last Word: Tubby Support, Pot Bill Withers and Changing Indigent Counsel Rules -

Just in time for spring, the near unraveling of the Overton Park-Zoo parking compromise. The Memphis City Council again put together a compromise Tuesday to keep the move to a new expanded parking lot on track and the funding in place by the Memphis Zoo and Overton Park Conservancy.

51. Mortgage Market Grows 24 Percent in March -

Shelby County’s mortgage market closed out a busy first quarter with a 24 percent bump in purchase mortgage volume for the final month of the quarter, new figures show.

Purchase volume in March topped $162 million, up from $131 million during March 2016. That’s according to the latest figures from real estate information company Chandler Reports, www.chandlerreports.com.

52. Last Word: Busy Council Day, County Property Tax Cut Call and Gas Tax Vote Nears -

The Lawsons – K.J. and Dedric – are on their way to Kansas after leaving University of Memphis basketball they announced Monday. And Markell Crawford confirmed Monday that he will be transferring too. Crawford is the sixth Tiger player to head for the door since the season’s end. What will Tigers basketball look like by the next season?

53. Lenoir Calls for Property Tax Cut Beyond New Certified Tax Rate From Reappraisal -

Shelby County Trustee David Lenoir says there should be a cut in the county property tax rate beyond the new certified property tax rate to be set as a result of the 2017 countywide property reappraisal.

54. Last Word: Restless Off Season, Memphis Open Closes and Single-Family Rentals -

This is proving to be a restless off-season for Tigers basketball and it is not even summer yet. Add freshman guard Keon Clergeot to the Tigers players exiting the program with word still to come from Markel Crawford. Meanwhile, the Tigers have signed their second junior college recruit – Kyvon Davenport -- at forward.

55. Q&A: Front Door CEO Sees Opportunity Knocking in Real Estate Technology -

Two years ago, Front Door co-founder and CEO Jessica Buffington took her startup business idea to the next level when she began working with Start Co., participating in its Upstart accelerator program in May 2015.

56. Bradshaw Joins Trezevant As Human Resources Director -

Kathy Bradshaw has joined Trezevant as director of human resources. With more than 10 years of experience in the senior living industry and 20 years of HR experience, Bradshaw will oversee staff operations and manage all human resource initiatives for the senior community.

57. Trump Paying $25M After Judge Approves Trump University Deal -

SAN DIEGO (AP) – A judge on Friday approved an agreement for President Donald Trump to pay $25 million to settle lawsuits over his now-defunct Trump University, ending nearly seven years of legal battles with customers who claimed they were misled by failed promises to teach success in real estate.

58. Pinnacle Ramps Up Investment in Memphis -

Since its entry into Memphis, Nashville-based Pinnacle Financial Partners has been slowly ramping up and investing in its presence here, a trend that has continued unabated in recent weeks.

The bank, among other things, struck a deal to bring a Starbucks store inside its Wolf River office at 1264 S. Germantown Road. It’s also gone on a hiring binge in recent weeks, and it’s filed a $2.3 million building permit for interior tenant work for its Memphis headquarters at 949 S. Shady Grove Road.

59. African-American Homeownership Rates Remain Low Despite Strong Housing Market -

With average home sales prices recently hitting an all-time high, it’s easy to get excited about the future of Memphis’ housing market.

However, even as the city seems poised to move forward and finally shake off the last vestiges of the Great Recession, there is one piece to the puzzle that is missing in a big way.

60. Last Word: A New Chapter, The Kissell Dome and The New Bartlett High School -

Booksellers of Laurelwood is set to return in most of the same location with a smaller footprint and new owners. John Vergos of the Rendezvous and a former Memphis City Council member is among the investors bringing back the East Memphis institution that closed in February. No word on whether the new group will keep the name or go with a new name.

61. Editorial: Ending the Shell Game Of Memphis Buildings -

Memphis’ tallest building, 100 North Main, is a dump – a fenced-off, red-tape-entangled, code-violating fire hazard of a dump. Its owners aren’t doing anything about it, and it’s not the only property in this city sitting unused and neglected.

62. Last Word: Basketball Capitol, Gang Fight in Southwest Memphis and Moving Polk -

There is something to be said for hosting a round of the NCAA’s March Madness without having a team in the playoffs. Much to be said against it. But after a weekend of what I think most of us here will call the most compelling of the regionals featured prominently on national television, you really can find very little to complain about. It might even have rekindled the intensity of our civic love of basketball.

63. Trump: Next Old Hickory or Carnival Barker -

For those who ignore the news – fake or otherwise – Donald Trump won the presidency last November.

While he didn’t capture a majority of the vote, he did win the electoral vote, causing many detractors to call for the elimination of this outdated voting method.

64. Wolfchase At 20 -

For the shopping mall – that quintessential staple of American retail, the biggest of big boxes, a sprawling, multilevel marvel of commercial magnificence – these are most certainly interesting times.

65. Trump's Budget: Build Up Military, Build the Wall -

WASHINGTON (AP) – President Donald Trump unveiled a $1.15 trillion budget Thursday, proposing a far-reaching overhaul of federal spending that would slash many domestic programs to finance a big increase for the military and make a down payment on a U.S.-Mexico border wall.

66. Jackson's Birth Marked in Memphis, the City He Co-Founded -

While President Donald Trump’s Nashville visit – including a tour of Andrew Jackson’s plantation The Hermitage – drew much of the national political attention Wednesday, March 15, a much smaller observance of what would have been Jackson’s 250th birthday took place in a courtroom in Memphis, the city he co-founded.

67. Last Word: Lakeland Date Set, Silos in South Main and Trespassing in Apartments -

Here comes the Governor’s race with Randy Boyd doing the honors here in Memphis Wednesday at the top of the second day of his fly-around. Boyd’s opening sounds very much like he is running as the heir apparent to Gov. Bill Haslam – although there are no heirs in politics, at least not without an election. He talked a lot about hitting workforce development and job goals of the Haslam administration if he is elected Governor in 2018.

68. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

69. Last Word: Milhaus Sells, Voucher Debate Gets Heated and Boyd's Fly Around -

Highland Row isn’t fully open yet and it is already up for sale as part of a real estate portfolio. The owner, Milhaus, based in Indianapolis, is a development, construction and property management company that works in mixed use development. And the portfolio being on the market could turn into a recapitalization.

70. Cordova Bed, Bath & Beyond Property Sells for $5 Million -

A Michigan-based real estate investment trust has purchased Bed, Bath & Beyond’s Germantown Parkway site for $5 million.

Agree Realty Corp., acting as Agree 1031 LLC, bought the Cordova property from Kimco Income REIT, doing business as KIR Memphis BBB, according to a March 9 warranty deed.

71. Last Word: Voucher Movement, The Battle of Pontotoc and Ch-Chandler Numbers -

Republican state Senator Brian Kelsey of Germantown had a very good week in the state capitol this week. His school voucher bill got unanimous votes in House and Senate committee this week despite a tide of opposition from local elected officials and leaders including fellow legislators in the Shelby County delegation and all seven public school districts in Shelby County including the six suburban school systems.

72. Last Word: Reappraisal Roller Coaster, Closing the Airport Post Office and District 95 -

Four years ago was a very different time in the world of property reappraisals. For the first time in the memory of most, if not all, of the local elected officials looking at how much money they would have, the 2013 reappraisal of property for tax purposes didn’t grow or at least remain level. Values were down reflecting the depths of the recession and more importantly the housing crash.

73. Reappraisal Shows Shelby County Housing Market's Strength -

With average homes sale prices in some areas of Shelby County reaching record highs in 2016, it’s not a surprise that the 2017 reappraisal process is gathering a lot of attention.

But coupled with the much lower appraisals that were set in 2013 – when the four-year property assessment process was still feeling the results of the housing market crash – large increases in property values are almost inevitable in certain areas.

74. Last Word: Who Needs To Be Watched, Hopdoddy and Fresh Fed Numbers -

Three Memphis City Council members on Behind The Headlines had quite a bit to say about protesters and lists and police surveillance. Council chairman Berlin Boyd and council members Kemp Conrad and Worth Morgan all say the surveillance question, which is the central issue now that the City Hall list has been pared significantly, is complex because of public postings and protests in public places.

75. Real Estate is a Way of Life for Judy McLellan -

For Judy McLellan, real estate is more than a job – it’s a way of life. In fact, it’s the only life Crye-Leike Realtors Inc.’s No. 1 agent for 19 out of the last 20 years has known.

76. US Services Firms Expand at Fastest Pace Since October 2015 -

WASHINGTON (AP) – U.S. services companies expanded in February at the fastest pace since October 2015.

The Institute for Supply Management, a trade group for purchasing managers, said Friday that its services index rose to 57.6 last month from 56.5 in January. Anything above 50 signals growth.

77. US Banks in Strong Shape as 4th-Quarter Profit Jumps -

WASHINGTON (AP) – U.S. banks' earnings in the final quarter of 2016 rose 7.7 percent from a year earlier, as lending continued to grow and banks set aside less for losses on loans for the first time since late 2015.

78. Robinson Chosen to Lead Cancer Society’s Hope House -

Maria Robinson has been named senior manager for the American Cancer Society’s Harrah’s Hope Lodge in Memphis. In that role, she oversees day-to-day lodge operations, including guest services, volunteer engagement and community involvement.
Robinson, who is an eight-year cancer survivor herself, joined the American Cancer Society in 2012 as community manager for Relay For Life. Prior to that, she worked in the finance, real estate and restaurant industries. 

79. Last Word: Gas Tax Conflict, Redbirds Changes and Hidden Office Space -

The CEO of Memphis-based AutoZone, Bill Rhodes, among the corporate leaders meeting with President Donald Trump recently to urge him to abandon plans for a border tax. This is the tax on goods imported to the U.S. from other countries that U.S. Rep. David Kustoff says also has some opposition among Republicans in D.C.

80. Ex-Nashville Mayor Karl Dean to Run for Tennessee Governor -

NASHVILLE, Tenn. (AP) – Former Nashville mayor Karl Dean said he's decided to run for governor of Tennessee in 2018.

81. JCPenney to Close as Many as 140 Stores Nationwide -

Retail giant JCPenney has announced it will close 130 to 140 stores – representing 13 to 14 percent of its current store portfolio – as well as two distribution facilities over the next few months.

82. Cities, Developers Reaping Rewards of Mixed-Use Shift -

Commercial real estate is shifting to mixed-use developments designed to create a sense of place for homeowners longing for the community of days gone by, and the trend is profiting many parties as commercial developers see stronger returns and cities undergo revitalization in their core.

83. City Council Wades Deeper Into Beale Street Controversy -

The lead partners of the Chicago-Memphis group that wants to manage Beale Street acknowledge they made mistakes earlier in their careers.

But Kelvin Willis and Dwain Kyles of 21 Beale Street say they deserve a chance to manage the district and have been treated unfairly by the Beale Street Tourism Development Authority, which ended contract talks with them in October after a year of negotiation.

84. Attorney Harkavy Named To Wyatt’s Executive Committee -

Lee A. Harkavy is one of two attorneys from the Memphis office of Wyatt, Tarrant & Combs LLP to be named to the regional law firm’s executive committee. Harkavy is a commercial transactional attorney focused primarily on representing businesses in their external growth endeavors or exit strategies. In that capacity, he advises clients on mergers, acquisitions and dispositions, and capital-raising transactions.

85. Last Word: The List and Who Is On It, Lovell's Impact and Fountain Brook Recovers -

A list of 81 people who can’t come to City Hall without a police escort includes a lot of names from the last year of protests and marches in the city. And as the week begins, the list is under review by Memphis Police Director Michael Rallings at the request of Mayor Jim Strickland.

86. Sector-by-Sector Highlights of the Commercial Property Forecast Summit -

Many of the area’s best and brightest commercial real estate minds were on hand for the Memphis Area Association of Realtor’s Annual Commercial Property Forecast Summit at the Halloran Centre for Performance Thursday afternoon. 

87. Last Word: Wessman Trouble, Selling 495 Union and An Underground Film Icon -

When Wessman Development came to town last year with the idea of a boutique hotel, the Palm Springs, California company was part of the flood of smaller hotel projects Memphis was seeing and is still seeing. Then the company added another hotel and just this month the redevelopment of a building on Madison west of Second Street as apartments with retail on the ground floor. In a very short period of time, Wessman has had a lot of plans for Memphis.

88. Rudd Praises Board as ‘Historic’ Step for U of M -

NASHVILLE – Calling the appointment of a board of trustees a “historic” and “essential” step for the University of Memphis, president M. David Rudd says the autonomous board will enable the university to control its own destiny.

89. Last Word: Lovell's Aftermath, West Memphis Tourism and Batter Up -

Political turbulence in the state capitol this week centered on one of the newest members of the Shelby County Delegation leaves the politically-minded among us with a lot to take in when you add the Beltway turbulence of the week in D.C.

90. Luxury Apartments Begin $17 Million Expansion -

3333 Hacks Cross Road, Memphis, TN 38125: Fieldstone Apartment Homes, a gated community in southeast Memphis, is in the process of another massive expansion.

Permit Amount: $9.7 million (combined)

91. Last Word: MATA and the TBI, Fieldstone Gets Bigger and Wedge Bills -

Since Gannett bought The Commercial Appeal there has been a lot of speculation about what would remain of the Memphis operation in a newspaper chain known for consolidating not just in-house parts of the publishing process but the reporting side too. The biggest question in the air was the fate of the large printing presses at the CA. And Monday evening, there was an answer.

92. Sears May Sell Land, Cut Jobs to Save $1B -

NEW YORK (AP) – Sears may sell more locations, cut more jobs and put more of its famous brands on the block as part of its latest plan to revive the faltering retail chain.

The company, which also owns Kmart, said Friday that it is cutting costs by at least $1 billion a year. It also said that it was adding $140 million in liquidity by reworking its debt, giving the company more breathing room.

93. Midtown High-Rise Sells For $2.3 Million -

A Central Gardens high-rise apartment switched hands for a cool $2.3 million, according to commercial real estate investment sales, financing, research and advisory company Marcus & Millichap, which brokered the deal.

94. State Of The Suburbs -

With its central location, unparalleled access to major roads, rails, runways and rivers and low cost-of-living, it’s no surprise that Memphis and the surrounding area is a popular destination for corporate headquarters, national retail brands and major industrial centers.

95. Last Word: Little Chairs in Longview, Police Pay Raise and Tiger Football Schedule -

The toys are in their cubbyholes. No stray Legos yet. The little chairs tucked neatly under little tables. The tall trees with their bare branches are much in need of little eyes inspecting their twisted branches and the shadows they make on the winter ground.

96. Midtown High-Rise Sells For $2.3 Million -

A Central Gardens high-rise apartment switched hands for a cool $2.3 million, according to Marcus & Millichap, the commercial real estate investment sales, financing, research and advisory company that brokered the deal.

97. Last Word: The Artisan Survives, Gas Tax Push-Back and Our Competition -

I knew winter was out there hiding somewhere. Just waiting for you to leave your coat at home in a flush of spring fever, bounding out of work Wednesday afternoon to find spring has hit the highway. But where does spring go on its spring break? The Suns were in Memphis Wednesday evening – the Phoenix Suns, that is. They lost to the Grizz at the Forum 110 – 91.

98. Retail Group: Sales to Grow 3.7 Percent to 4.2 Percent -

NEW YORK (AP) – Despite a bumpy holiday season, chains like The Limited shutting down and department stores such as Macy's closing stores, the largest retail trade group says it's still optimistic that sales will grow this year – especially online.

99. Last Word: Travel Ban Protest, Other Trump React and Sierra Club Goes To Court -

Grizz over the Nuggets in Denver Wednesday 119-99. The Tigers play USF in Tampa Thursday.

Another big crowd for a Memphis march, the second in less than two weeks including the Memphis Women’s March. The Wednesday march, focused on President Donald Trump’s immigration travel ban order, was smaller than that, but still sizeable and diverse.

100. Last Word: State of the State React, Reverse Logistics and Speed Limiters -

As the work week began, U.S. Rep. Steve Cohen of Memphis joining House Democrats in sponsoring a bill that would bar the use of any federal funds to carry out President Trump’s order barring refugees from seven majority Muslim countries.