» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'Investment' | Search again
DeSoto Public Records:6
Shelby Public Records:672
Editorial:100
West Tennessee:43
Middle Tennessee:960
East Tennessee:267
Other:0

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. Trump Nominates 4 for TVA Board -

BIRMINGHAM, Ala. (AP) – President Donald Trump will nominate people from four states to serve on the nine-member board of directors of the Tennessee Valley Authority, the White House said Thursday.

2. Legacy Wealth Management Wins Industry Distinction -

Memphis-based independent investment advisory firm Legacy Wealth Management Inc. has been named to the FT 300 list, Financial Times’ ranking of the top 300 registered investment advisers in the U.S.

3. Text of the Fed's Statement After Its Meeting Wednesday -

WASHINGTON (AP) – Below is the statement the Fed released Wednesday after its policy meeting ended:

Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low.

4. Highwoods Sells Southwind Portfolio for $39M -

Highwoods Properties Inc. has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

5. Last Word: The Brooks Question, Boyd's Answer and Tigers In the Polls -

Art as a real estate consideration. One of the more unusual of many considerations as the Brooks search for a new site – a possible new site, I should add, becomes the city’s favorite topic. So from the CRE vantage point – here are two more possible sites to think about if you haven’t already – Cossitt Library and the Fairgrounds, as well as right where it has been for the last century.

6. Flee Joins Youth Villages To Lead Digital, Creative Strategy -

Travis Flee has been named a director of Youth Villages’ marketing and communications department, where he serves as director of digital strategy and creative services. Flee comes to Youth Villages with nearly 20 years of marketing experience, serving most recently as the director of digital brand marketing for Hilton Worldwide.

7. Highwoods Sells Southwind Portfolio for Nearly $40M -

Highwoods Properties has sold a massive portion of its portfolio in Southwind to a New York-based investment group for $39 million.

In the deal, Highwoods Properties, doing business as Highwoods Reality Limited Partnership, sold eight parcels of land near the intersection of Players Club Parkway and Tournament Drive to Group RMC, which purchased the property under the name of Southwind Memphis Reality LP.

8. Last Word: Doubling Down at City Hall, Karl Dean in Collierville & Your Credit Report -

Memphis City Council chairman Berlin Boyd doubling down right at the start of a Monday morning meeting of the Beale Street Task Force on that conflict of interest issue involving his company’s contract with the Beale Street Merchants Association. Meanwhile, it is council day at City Hall Tuesday and lots to discuss on several fronts including the Bicentennial Gateway and Convention Center projects and the move of Golden India just off Overton Square.

9. Germantown Medical Office Sells for $16M -

1325 Wolf Park Drive, Germantown, TN 38138

Sale Amount: $15.9 million

Buyer: Global Medical REIT

10. East Memphis Climbing Gym Approved -

Chattanooga-based rock climbing gym High Point Climbing and Fitness’ site plans received approval from the Shelby County Land Use Control Board on Thursday, Sept. 14.

High Point plans to erect a 31,600-square-foot rock climbing facility on a 2.7-acre tract that backs up to CBHS’ athletic fields near Humphreys Boulevard and Walnut Grove Road.

11. Canadian Elevator Company Seeks PILOT For Hickory Hill Plant -

A Canadian elevator company has a contract with a “Tennessee area” machine manufacturer for $500,000 and as a result wants to build a manufacturing plant in Hickory Hill as it expands its U.S. customer base.

12. Southeast Shelby County Apartments Sell for $56M -

Preserve at Forest Creek, a sprawling southeast Shelby County apartment complex, has switched hands for more than $56 million.

In the deal, Blackstone, a New York City investment firm doing business as BRE Piper MF Forest Creek TN, sold the roughly 36-acre property to Columbus, Ohio-based investment management firm Coastal Ridge Real Estate doing business as PFC Memphis Borrowers for $56.6 million, according to a warranty deed filed on Sept. 14 with the Shelby County Register of Deeds.

13. MAA Moves Forward With New Headquarters -

Memphis-based real estate investment trust MAA is moving forward with its corporate relocation to Germantown’s TraVure development.

The apartment-only REIT pulled a $7 million building permit with construction code officials to build out the fourth and fifth floors. It lists Grinder, Taber & Grinder as the contractor, developer Gill Properties as the owner and MAA as the tenant.

14. Germantown Medical Office Sells for $16 Million -

A New York-based investment trust has paid nearly $16 million for the Germantown medical office building that houses Wolf River Surgery Center.

Global Medical REIT, doing business as GMR Germantown, bought the 34,000-square-foot building at 1325 Wolf Park Lane from Brierbrook Partners LLC for $15.9 million, according to a warranty deed filed with the Shelby County Register.

15. Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

16. Wunderlich Preparing Downtown Space for HQ Move -

By this time next year, Memphis-based investment firm Wunderlich Securities Inc. will have a prominent new headquarters space Downtown,

17. Waddell & Associates Platform Looks to Turn Millennials Into Investors -

Andrew Lichliter had a few thousand dollars in a retirement account, but wanted to change that to a different type of investment.

The problem, though, was that his $5,500 wasn’t nearly enough to open a typical investment account at most firms, some of which require hundreds of thousands of dollars just to start.

18. Create an Investment Policy Statement -

Ray’s Take: Financial professionals have long used an investment policy statement for their clients. It’s a guiding set of principles, of sorts, to help make decisions along the way. It’s an excellent tool for anyone to use to keep themselves on track when it comes to financial planning.

19. SE Memphis Industrial Center Sells for $3.7 Million -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

20. Power of Art -

From the nationwide study “Arts and Economic Prosperity V” came overwhelming evidence that the arts make a financial impact. But of all the data accumulated in a yearlong collection effort launched by Americans for the Arts, one number leaped out at Elizabeth Rouse, who is president and CEO of ArtsMemphis: in 2015 in Shelby County, the arts supported 6,138 jobs (full-time equivalent).

21. Plymouth REIT Expands Memphis Portfolio -

Boston-based real estate investment firm Plymouth Industrial REIT has expanded its local portfolio with the acquisition of a 132,000-square-foot industrial center in southeast Memphis.

In the deal, Plymouth purchased the property from Huntington Industrial Partners for $3.7 million.

22. Method Over Madness: Your Marketing Budget -

It is that time of year. No, not the start of football season – the start of budgeting season. If you’ve had a great year and your 2017 marketing efforts are producing a strong, measurable return on investment, then setting your 2018 marketing budget may not be too difficult. But if this year’s plans just haven’t generated results for your organization, you may be left wondering what to budget for 2018.

23. REIT Set to Make Fifth Downtown Memphis Investment -

Alpha Residential Trust, a Pittsburgh, Pennsylvania-based real estate investment trust, has entered into an agreement to purchase the 266 Lofts development at the corner of Front Street and Dr. Martin Luther King Jr. Boulevard.

24. Does Memphis Have Right Mojo for Amazon HQ? -

Amazon.com’s announcement last week that it is actively searching for a second headquarters location caught the attention of governors, mayors and development officials from all over the country hoping to hit the jackpot.

25. MAA Moving Forward With New HQ -

Memphis-based real estate investment trust MAA is moving forward with its corporate relocation to Germantown’s TraVure development by seeking a $7 million building permit to build out the fourth and fifth floors.

26. Germantown Medical Office Sells for $16M -

A New York-based investment trust has paid nearly $16 million for the Germantown medical office building that houses Wolf River Surgery Center.

Global Medical REIT, doing business as GMR Germantown, bought the 34,000-square-foot building at 1325 Wolf Park Lane from Brierbrook Partners LLC for $15.9 million, according to a warranty deed filed with the Shelby County Register.

27. Bates Family Members Sentenced in Ponzi Scheme -

The last two members of former Tennessee lawmaker Larry Bates’ family who were convicted of swindling investors out of $21 million in a gold-and-silver investment scheme have been sentenced.

28. Last Word: The Amazon Competition, Millington Shelters and Grizz Ownership Drama -

With a social media post Thursday morning, Memphis Mayor Jim Strickland said the city is ready to compete in a very public competition for the $5-billion second North American headquarters Amazon.com announced earlier Thursday. Some context here. The $5 billion investment by Amazon in what it calls HQ2 compares to the $9 billion St. Jude is investing in its expansion including about $1 billion in capital costs and the rest research, technology and other development costs included in what is more than a physical expansion.

29. Last 2 Bates Family Members Sentenced in Ponzi Scheme -

The last two members of former Tennessee lawmaker Larry Bates’ family who were convicted of swindling investors out of $21 million in a gold-and-silver investment scheme have been sentenced.

30. Kemmons Wilson Co. Subsidiary to Merge with International Hotel Developer -

Wilson Hotel Management, a subsidiary of Kemmons Wilson Co., will merge with Valor Hospitality Partners, an international hotel developer with headquarters in Atlanta, Georgia, and London, England. And the new company's headquarters will be in Atlanta and London with an office in Memphis.

31. Fred’s Reports $29M Loss, Names New Board Chair -

Heath Freeman, president of New York-based investment firm Alden Global Capital, once blasted what he saw as “abysmal business decision-making” and a “country club environment in the executive suite and boardroom” at Memphis-based discount retailer Fred’s Inc.

32. Memphis Heritage Catalogs Historic Local Properties -

Memphis Heritage has announced the completion of a comprehensive catalog book, three years in the making, of all the historic properties in the city of Memphis and Shelby County that are listed in the National Park Service’s National Register of Historic Places.

33. Halvorson Assumes New Role At Cumberland Trust -

Independent corporate trust firm Cumberland Trust has promoted Rebecca M. Halvorson to senior vice president of business development and manager of regional markets. Halvorson, who joined Cumberland in 2010, is based in the company’s Memphis office.

34. Video Streaming Player Pioneer Roku Seeks $100M in IPO -

SAN FRANCISCO (AP) – Video streaming player pioneer Roku is going public, hoping to raise money to expand into more households and fend off competitive threats from bigger technology companies.

Roku listed a $100 million fundraising target in a Friday regulatory filing. But that figure is likely to change after its investment bankers gauge the demand for its initial public offering of stock. Companies typically complete their IPOs two to four months after filing then getting approval from government regulators.

35. US Job Growth Slowed in August But Economy Still Looks Solid -

WASHINGTON (AP) – The U.S. job market hit a lull in August, with employers adding a solid but less-than-robust 156,000 jobs and holding back on meaningful pay raises for most workers.

Friday's jobs report from the government pointed to an economy that is still steadily generating jobs, though more slowly than it did earlier in its recovery from the Great Recession. With the economy now in its ninth year of expansion and unemployment near a 16-year low, fewer people are looking for work and fewer jobs are being filled.

36. The Week Ahead: Sept. 4-10 -

Hello, Memphis – and Happy Labor Day! Hopefully the promise of an exciting football season and Memphis Redbirds playoff games will help ease you back into work mode after the three-day weekend. Both are in store – along with Goat Days and much more – in The Week Ahead...

37. Whitehaven Boom Gets Arena Catalyst -

As she looked across Elvis Presley Boulevard from the parking lot of the new Tri-State Bank headquarters at Elvis Presley and Farrow Road last week, Memphis City Council member Patrice Robinson took in the view of the new five-bay retail strip and looked north at another new strip soon to come online, and talked about a third in the works.

38. Tax Overhaul Faces Resistance From Fans of Some Deductions -

WASHINGTON (AP) – President Donald Trump and congressional Republicans have pledged to overhaul the nation's complex tax code. To slash taxes, they say they'll curb a web of expensive deductions and credits to allow more revenue to flow to the government.

39. US Clears First 'Living Drug' for Tough Childhood Leukemia -

WASHINGTON (AP) – Opening a new era in cancer care, the Food and Drug Administration on Wednesday approved the first treatment that genetically engineers patients' own blood cells into an army of assassins to seek and destroy childhood leukemia.

40. Best Buy Rolls Out Consulting Service at People's Homes -

NEW YORK (AP) – Best Buy is rolling out a free service next month where salespeople will sit with customers at their own homes to help make recommendations on TVs, streaming services and more.

41. Tri-State Hosts Grand Opening of Banking HQ -

Tri-State Bank CEO Thomas Felder estimates that the more than 70-year-old institution – which has shifted its retail bank headquarters from Downtown to Whitehaven – will have a $2.5 million economic impact on the neighborhood surrounding it.

42. Rhodes’ Wigginton Shaping Campus Culture in New Role -

Rhodes College has appointed Russell Wigginton vice president of student life and dean of students. In his newly created role, he will provide leadership for student success and help shape the campus culture for a diverse and inclusive student body.

43. Regions, FedEx Backing Business Seminar -

Regions Bank is joining FedEx Corp. to provide financial backing for a seminar for business owners this week that will include 20 Regions bankers providing customized business coaching for entrepreneurs.

44. Yellen Defends Bank Regulations Passed After 2008 Crisis -

JACKSON HOLE, Wyoming (AP) – Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending.

45. Study: Memphis Cellulose Has $50M Annual Impact -

A new economic impact analysis conducted by the University of Memphis’ Sparks Bureau of Business and Economic Research shows Memphis Cellulose, one of six Georgia-Pacific Cellulose manufacturing facilities, contributes nearly $50 million to the local economy annually.

46. Computer Attacks Underscore Need for Cyber Insurance -

The cyberattack that hit FedEx subsidiary TNT Express in June, temporarily disrupting the company’s worldwide information systems, was a reminder about the fragility of digital systems that Herb Davis didn’t need.

47. Sears to Close More Stores, Sales Continue to Fall in 2Q -

NEW YORK (AP) – Sears continued to struggle in its second quarter with declining sales amid heightened competition from the likes of Walmart to Amazon. It now says it will close even more stores.

48. Walmart Joins Forces With Google on Voice-Activated Shopping -

NEW YORK (AP) – Walmart is diving into voice-activated shopping. But unlike online leader Amazon, it's not doing it alone.

The world's largest retailer said Wednesday it's working with Google to offer hundreds of thousands of items from laundry detergent to Legos for voice shopping through Google Assistant. The capability will be available in late September.

49. AT&T Fiber Expands In Memphis Area -

AT&T is now offering a 1-gigabit connection on its 100 percent fiber network powered by AT&T Fiber to customers in the Memphis area, including in parts of Lakeland and surrounding areas.

With a 1-gigabit connection, customers can download 25 songs in 1 second or a 90-minute high-definition movie in less than 34 seconds, according to AT&T.

50. Study: Memphis Cellulose Has $50M Annual Impact -

A new economic impact analysis conducted by the University of Memphis’ Sparks Bureau of Business and Economic Research shows Memphis Cellulose, one of six Georgia-Pacific Cellulose manufacturing facilities, contributes nearly $50 million to the local economy annually.

51. Council OKs $6M Loan for Wonder Bread Garage -

The Memphis City Council approved a $6 million loan on Tuesday, Aug. 22, to help finance the development of a 481-space parking garage that’s a key part of the $73 million Wonder Bread redevelopment.

52. New Milestones -

For the 11th straight year, the tourism industry in Tennessee brought in more than $1 billion in state and local sales tax revenue, this time topping off at $1.7 billion in 2016.

This figure marks a nearly 7 percent increase year over year, which is higher than the national average rate of growth, according to the Tennessee Department of Tourist Development.

53. Graceland Investing $50M in New Theater to Fill Memphis Venue Gap -

The next phase in Graceland’s expansion in Whitehaven is a $40 million to $50 million investment in a 6,000- to 7,000-seat theater and event center about where Heartbreak Hotel currently stands.

54. Graceland To Fill City Arena Gap With $50 Million Whitehaven Theater -

The next phase in Graceland’s expansion in Whitehaven will be a $40 million to $50 million investment in a 6,000- to 7,000-seat theater and event center about where the Heartbreak Hotel currently stands.

55. Parking at Crux of Cooper Street Plan -

It’s no secret that adding density in core areas like Midtown and Downtown has become one of the city’s more high-profile developmental goals, which is why more plans for multifamily projects have been popping on the agendas of governing bodies recently.

56. South City Redevelopment Activity Heating Up -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

57. Fairgrounds Plan Will Consider Familiar Items -

The Fairgrounds redevelopment plan forming on a fast track will probably look familiar as far as the elements proposed for it.

“We are starting with the premise that we are using the previous planning efforts as insight for how we move forward,” Paul Young, city of Memphis Housing and Community Development director said on the WKNO/Channel 10 program “Behind The Headlines.”

58. Leaders: Memphis Startup Ecosystem Needs More Funding to Grow -

In the days following Memphis’ latest startup Demo Day event, after new startup funding announcements, after former U.S. chief technology officer Megan Smith even gave Memphis’ startup community a shoutout on Bloomberg TV, it might seem like the startup scene here is having a moment.

59. Downtown Lofts to Begin Second Phase -

In this week’s Real Estate Recap, 266 Lofts in Downtown Memphis begins its second phase, Peak Capital closes on a massive Cordova apartment complex, and a Chattanooga-based rock climbing gym purchases land in East Memphis.

60. Developers Close on Land For Rock Climbing Wall -

Chattanooga-based High Point Rock Climbing and Fitness Memphis, doing business as High Point Memphis LLC, has purchased an undeveloped tract of land adjacent to Christian Brothers High School from Boyle Investment Co., doing business as BIC HH Partnership, for $1.9 million.

61. South City Redevelopment Heats Up With Renovations, New Construction -

The up-and-coming South City neighborhood is enjoying a resurgence of redevelopment activity lately, with the restoration of several historic properties, new multifamily construction and talk of bringing in a grocery store. The city and the Downtown Memphis Commission have been instrumental in the renewed interest, with noteworthy projects including the Clayborn Temple, the Universal Life Building and the demolition of Foote Homes.

62. Lakeland's Lake District on Hold after 'Surprise' Foreclosure Notice -

Despite unveiling a new look and layout for the proposed Lake District development at a special meeting late Thursday, developer Yehuda Netanel’s plans were put on ice by Lakeland’s Industrial Development Board. That is at least until the matter of a “surprise” foreclosure notice could be sorted out.

63. Developers Close on Land For Rock Climbing Wall -

Chattanooga-based High Point Rock Climbing and Fitness Memphis, doing business as High Point Memphis LLC, has purchased an undeveloped tract of land adjacent to Christian Brothers High School from Boyle Investment Co., doing business as BIC HH Partnership, for $1.9 million.

64. How Many Funds Make a Good Mix? -

Ray’s Take: When it comes to building a portfolio for retirement, your goal shouldn’t be to load up with as many different types of investments as you can in the hopes that you’ll outsmart any fluctuations in the market. Diversification, like all things, has its limits.

65. On a Chaotic Day in DC, Trump Goes After Amazon, Again -

WASHINGTON (AP) – President Donald Trump renewed his attacks on e-commerce giant Amazon, saying Wednesday that the company is "doing great damage to tax paying retailers."

Trump, in a tweet, said that "towns, cities and states throughout the U.S. are being hurt – many jobs being lost!"

66. SBA Head Sees Businesses Held Back by Lack of Loans, Workers -

NEW YORK (AP) – Six months into her tenure as head of the Small Business Administration, Linda McMahon sees a split among small business owners – they are increasingly optimistic, she says, but many are held back by their inability to get loans or find the right workers for jobs that are staying open.

67. Peak Capital Closes On Memphis Apt. Purchase -

Peak Capital Partners, a Utah-based apartment investment and management firm, has closed on The Charleston apartments in Memphis, the company has announced. Peak bought the property from Tennessee-based Wesscorp Investments.

68. One Decade Later: Effects of Financial Crisis Still Linger -

Ten years removed from the worst financial crisis since the Great Depression, the banking industry has transformed itself and wealth managers say investors remain leery.

Among other things, First Tennessee Bank jettisoned its national mortgage operation in the wake of the crisis. It refocused its attention and efforts around being a strong regional bank, as opposed to one with aggressive national ambitions. It trimmed headcount, boosted investment in technology and began to specialize, creating new industry-specific teams in verticals like health care and music-industry banking.

69. Funding Announcements Cap Startup Demo Day -

Funding announcements have already started rolling in for some participating startups in this year’s “Summer of Acceleration” following Demo Day. The demo pitch to investors caps annual programming for the consortium of accelerators.

70. Tennessee Man Pleads Guilty in $43M Investment Scheme -

NASHVILLE, Tenn. (AP) – A Tennessee man has pleaded guilty in a $43 million scheme that caused investors to lose $10 million, which he used to buy vehicles and real estate and start a used car lot.

71. Mylan, Like Other Generic Drugmakers, Feels the Pricing Pain -

NEW YORK (AP) – Mylan's second-quarter profit and revenue surged, but not as much as Wall Street had expected and the company is taking a more conservative view going forward because of "ongoing challenges and the uncertain U.S. regulatory environment."

72. Postal Service May Get More Freedom To Raise Stamp Prices -

WASHINGTON (AP) – It may be time to stock up on Forever stamps.

Regulators appear likely to accept the financially beleaguered Postal Service's request for more freedom to raise the price of mailing letters. It would be the biggest change in the Postal Service's pricing system in nearly a half-century, allowing stamp prices to rise beyond the rate of inflation.

73. Cordova Apartment Community Sells for $27.9M -

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

74. Vikings Owners Join Group Trying to Bring MLS to Nashville -

NASHVILLE, Tenn. (AP) – The majority owners of the Minnesota Vikings are joining a group trying to bring a Major League Soccer expansion franchise to Nashville.

Mark, Zygi and Leonard Wilf are minority owners in the Nashville project, according to Nashville Soccer Holdings CEO John R. Ingram. Terms of the Wilfs' investment haven't been disclosed.

75. Tenet Healthcare Reports $55 Million Loss in Q2 -

Tenet Healthcare Corp. on Monday, Aug. 7, reported a loss of $55 million in its second quarter.

The Dallas-based company, whose local operations include Saint Francis Hospital-Memphis and Saint Francis Hospital-Bartlett, said it had a loss of 55 cents per share. Losses, adjusted for one-time gains and costs, came to 17 cents per share.

76. What is MROI? -

Have you ever looked at your organization’s marketing spend and wondered, “What do I have to show for this?” Or maybe you spent the six-figure marketing budget and have to justify the same spend for the upcoming budget year. Either way, you need to calculate marketing return on investment (MROI).

77. New Rock Climbing Studio Planned For East Memphis -

Chattanooga-based High Point Climbing and Fitness has submitted plans with development officials to open a Memphis location adjacent to Christian Brothers High School in East Memphis.

78. Sports Event Broker Indicted -

Rick Barlow, a sports event broker whose company arranges travel and event packages to sporting events, is accused of felony theft of property.

79. Toyota, Mazda Plan $1.6 Billion US Plant, to Partner in EVs -

TOKYO (AP) – Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. plan to spend $1.6 billion to jointly build auto manufacturing plant in the U.S. – a move that will create up to 4,000 jobs, both sides said Friday.

80. Bartlett Shopping Center Sells for $1.4 Million -

A Bartlett retail center has switched hands in a multimillion-dollar deal.

Robinwood Commercial Center, located at 6722 U.S. 70 in Bartlett, was purchased by California-based Kirama Investment Group for $1.4 million, according to paperwork filed with the Shelby County Register.

81. Fannie Mae Posts $3.2B Profit in Q2; To Pay $3.1B Dividend -

WASHINGTON (AP) – Fannie Mae reported net income of $3.2 billion from April through June, up from a year earlier as the mortgage giant marked gains on its investments.

The government-controlled company released its second-quarter results Thursday. Washington-based Fannie Mae will pay a dividend of $3.1 billion to the U.S. Treasury next month if the company's federal regulator agrees. That payment would bring the total dividends paid by Fannie to $165.8 billion.

82. Cordova Apartment Community Sells for $27.9M -

The Charleston, a 284-unit apartment community on the east side of Houston Levee Road just south of U.S. 64, has sold for $27.9 million, marking a new chapter for a property that was built just last year.

83. Jernigan Capital Reports Strong Second Quarter -

Memphis-based self-storage financing company Jernigan Capital Inc. has “had an outstanding first half of 2017.” That’s according to its namesake chairman and CEO Dean Jernigan.

84. First Alliance Bank Inks 10-Year Lease to Move to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into the recently remodeled Clark Tower office building.


5100 Poplar Ave.
Memphis, TN 38137

85. Qatar Airways Dropping Plan to Invest in American Airlines -

DALLAS (AP) – Qatar Airways says it is dropping an attempt to buy a big stake in American Airlines, an audacious bid that had received a chilly reception from American.

Qatar Airways said Wednesday that the investment no longer meets its objectives. American Airlines Group Inc. did not comment immediately.

86. Last Word: Kustoff at Rotary, Royal's Vibe and The Terms of MEMPOWER -

The investment group that renovated the Chisca resurfaced Tuesday evening with a plan for the Wonder Bread factory, vacant for the last four years. But don’t look for a return of the bread smell to the Edge area. And if you look at what has started to happen in that particular corridor since Wonder Bread shut down, the mixed-use plan has some precedent. Throw in the move to sell The Commercial Appeal property just a few blocks away and if the economy remains this good, the transformation in this area could be radical in another four years.

87. Flying Ace Sully Makes Case Against Privatization -

WASHINGTON (AP) – Who are you going to trust when it comes to what's best for the flying public? Members of Congress or the hero of the Miracle on the Hudson, retired Capt. Chesley "Sully" Sullenberger?

88. Sprint Posts Rare Profit, Says a Deal May Be Coming Soon -

OVERLAND PARK, Kan. (AP) – Sprint said Tuesday that it should be able to "strike a deal" in the "near future," driving up shares of the fourth-largest U.S. wireless carrier.

The Overland Park, Kansas, company also posted its first quarterly profit in three years as it cut costs.

89. First Alliance Bank Moving to Clark Tower -

Memphis-based First Alliance Bank has signed a 10-year lease to relocate its Poplar Avenue branch into a new facility inside the recently remodeled Clark Tower office building.

The new 3,920 office will be located adjacent to Clark Tower’s lobby, and will offer full banking services and a drive-through facility.

90. Last Word: Gentrification, ServiceMaster's New CEO Speaks and Gateway Resolution -

Gentrification in Binghampton? The g-word is a term that can start a real debate in Memphis these days. But those leading the hard fought redevelopment in Binghampton say a tax increment financing district there would mean an immediate capital infusion of $332,000 that would help to ward off the possibility of gentrification.

91. Scaramucci Out of White House Job as John Kelly Takes Charge -

WASHINGTON (AP) – Anthony Scaramucci is out as White House communications director after just 11 days on the job – and just hours after President Donald Trump's new chief of staff, John Kelly, was sworn into office.

92. Bartlett Shopping Center Sells for $1.4 Million -

A Bartlett retail center has switched hands in a multimillion-dollar deal.

Robinwood Commercial Center, located at 6722 U.S. 70 in Bartlett, was purchased by California-based Kirama Investment Group for $1.4 million, according to paperwork filed with the Shelby County Register.

93. Money is Not Enough -

Nonprofits play a critical role across the Mid-South. They represent, serve and advocate for a great diversity of individuals, families and causes. They improve the quality of life, generate innovations, and give voice to the challenges unseen and needs still unmet. They are joined in this work by foundations and corporations who provide money, resources, connections and technical assistance.

94. Binghampton, Uptown Redevelopment Efforts Move Forward While Waiting for the CRA -

If Binghampton can get a proposal for tax increment financing (TIF) approved by the end of the year, it would mean an immediate $332,000 in capital and an estimated $26 million over the 30-year life of the TIF zone to sustain and further grow commercial and residential development in the area.

95. Last Word: 'Secular Stagnationists', CRE's Big Year in Memphis and Lakeland Prep -

Protests over the weekend in Martyr’s Park and at the federal prison facility in Mason, Tennessee for those rounded up in the ICE – Immigration and Customs Enforcement -- raids here in Memphis that began a week ago. Latino Memphis is also offering legal advice to those who believe they may be caught up in the new push. There are also several efforts to support families that find mothers and/or fathers in federal custody in the sweeps. And over the weekend, Memphis Police issued an arrest warrant for a bounty hunter who turned up on YouTube video in an apartment complex with a large Latino tenant base wearing some kind of badge and vest.

96. Waddell Bullish in Mid-Year State of the Union -

During David Waddell’s yearly “State of the Union” presentation to clients gathered earlier this year at Shelby Farms’ FedEx Event Center, “winning” and “economic growth” were the themes.

97. David Waddell Bullish in Mid-Year State of the Union -

RAIL: Waddell & Associates CEO and chief investment strategist David Waddell remains upbeat about the investment landscape through the first half of 2017.

98. David Waddell Bullish in Mid-Year State of the Union -

During David Waddell’s yearly “State of the Union” presentation to clients gathered earlier this year at Shelby Farms’ FedEx Event Center, “winning” and “economic growth” were the themes.

99. David Waddell Bullish in Mid-Year State of the Union -

During David Waddell’s yearly “State of the Union” presentation to clients gathered earlier this year at Shelby Farms’ FedEx Event Center, “winning” and “economic growth” were the themes.

100. US Economy Expanded at Stronger 2.6 Percent Rate in Q2 -

WASHINGTON (AP) – The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.