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Editorial Results (free)

1. 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.

2. Paragon Bank Reports Strong Second Quarter -

Paragon Bank has announced second-quarter earnings that included a 15 percent jump in net income over the second quarter of 2016.

3. Paragon Bank Reports Strong Second Quarter -

Paragon Bank has announced second-quarter earnings that included a 15 percent jump in net income over the second quarter of 2016.

4. Shelby County Mortgage Market Up 7 Percent in June -

Bo Allen speaks from experience when he describes the current residential real estate market as tilted toward sellers. Demand is so abundant at the moment that Allen, who’s also First Tennessee Bank’s West Tennessee president, saw his family’s East Memphis home get sold the same day it was put on the market.

5. Paragon Bank Reports Strong Q1 Earnings -

Paragon Bank grew its net income 57 percent over the first quarter of 2016, according to first-quarter earnings numbers released Monday, May 22.

6. Paragon Bank Reports Strong Q1 Earnings -

Paragon Bank grew its net income 57 percent over the first quarter of 2016, according to first-quarter earnings numbers released Monday, May 22.

7. East Memphis Office Sells for $17 Million -

6055 Primacy Pkwy.
Memphis, TN 38119

Sale Amount: $17 million 

Sale Date: April 11, 2017

8. Shaffer Named Executive Director Of Rebranded BLDG Memphis -

John Paul Shaffer recently was named executive director of BLDG Memphis, the rebranded entity that brings the Community Development Council of Greater Memphis and Livable Mem-phis under a single organizational identity.
In his new role, Shaffer’s job is to guide the organization in its mission of supporting neighborhood revitalization through a network of organizations and individuals working in the community development space – which BLDG Memphis does primarily through organizational capacity building, community education and engagement, and public policy and advocacy – as well as to promote the new brand. 

9. East Memphis Office Sells for $17M -

Primacy II, a 123,265-square-foot East Memphis office building, has a new owner thanks to a huge $17 million deal.

Nashville-based Priam Capital purchased the office building located at 6055 Primacy Parkway near the intersection Ridgway Road and Park Avenue from The Southland Companies for $16.6 million, according to a warranty deed filed with the Shelby County Register of Deeds April 11.

10. Fed: Memphis Banks Continue to Improve -

Having shaken off most of the losses and other problems related to the housing crisis, new figures from the Federal Reserve Bank of St. Louis show Memphis-area banks on the whole are getting bigger and have balance sheets that keep looking stronger.

11. Paragon Bank Reports Strong 2016 Results -

Paragon Bank had a strong 2016 based on newly released financial results, with the bank’s net income growing from $91,023 in 2015 to more than $2.1 million in 2016.

12. Paragon Bank Reports Strong 2016 Results -

Paragon Bank had a strong 2016 based on newly released financial results, with the bank’s net income growing from $91,023 in 2015 to more than $2.1 million in 2016.

13. Mortgage Market Shows Strength In January -

2017 may be another busy stretch for mortgage bankers in Shelby County, if the atypically busy start to the year is any indication.

Purchase mortgage volume came out of the gate strong in January, rising 28 percent to a little more than $112 million compared with $87.4 million in the year-ago period, according to the latest figures from real estate information company Chandler Reports, chandlerreports.com.

14. Permit Filed for Boutique Arrive Hotel Downtown -

477 S. Main St.
Memphis, TN 38103 

Permit Amount: $5.3 million

Application Date: February 2017

Completion: 2018

15. Moorman Named Chief Scientist at Ducks Unlimited -

Tom Moorman has been named chief scientist of Memphis-based Ducks Unlimited, the world’s largest nonprofit dedicated to conserving North American waterfowl habitats. Moorman, who will take over from retiring chief scientist Scott Yaich on March 1, has worked for DU for more than 25 years, most recently serving as head of its 13-state Southern Region.
As chief scientist, Moorman will serve as DU’s leader on waterfowl and habitat science, provide vision and direction in addressing DU’s science needs and ensure it maintains its standing and credibility as a top-notch science-based organization.

16. East Memphis Office Sells for $5.7 Million -

Nashville-based Priam Capital has expanded its Memphis portfolio with the purchase of a 45,000-square-foot office building along the Poplar corridor.

Priam, acting as 5400 Poplar LLC, purchased the office building at 5400 Poplar Ave. from HBAM Member Services for $5.7 million, according to a Jan. 31 warranty deed filed with the Shelby County Register of Deeds.

17. East Memphis Office Building Sells for $5.7 Million -

Nashville-based Priam Capital has expanded its Memphis portfolio with the purchase of a 45,000-square-foot office building along the Poplar corridor.

Priam, acting as 5400 Poplar LLC, purchased the office building at 5400 Poplar Ave. from HBAM Member Services for $5.7 million, according to a Jan. 31 warranty deed filed with the Shelby County Register of Deeds.

18. Tigers Roll Tulane In New Orleans -

Markel Crawford and Dedric Lawson each scored 24 points as the University of Memphis defeated Tulane 80-59 on Saturday, Jan. 7, in New Orleans.

Crawford was a career-best 5 of 6 from 3-point range and hit 8 of 11 shots overall. He also picked up American Athletic Conference Player of the Week honors after averaging 21.5 points and 4.5 rebounds for the week. Lawson added 10 rebounds to his effort for his 13th double-double of the season. He also had five blocks, three assists and two steals. Lawson made the AAC Weekly Honor Roll.

19. Last Call: Economic Indicator Survey Closes On Dec. 31 -

Memphis-based FedEx Corp. rightfully is considered an economic bellwether because of the front-line view the package delivery giant has on economic activity thanks to consumers’ purchasing and shipping habits.

20. Local Mortgage Market Sees Busy November -

If mortgage bankers in Shelby County were expecting things to start winding down for the year in November, the pace of activity for the month kept them unexpectedly busy.

Purchase volume soared during November over the year-ago period, according to new figures from real estate information company Chandler Reports, www.chandlerreports.com. October had already seen a year-over-year pickup in activity to kick off the fourth quarter, and that pattern continued last month.

21. County Law Library Director Johnson Celebrates 50 Years as Librarian -

Gary Johnson, director of the Shelby County Governmental Law Library, is celebrating his 50th year as a librarian. In his current role, he directs the county law library’s operations, including budgeting, staffing and library services, and reports to a 10-member board that include nine attorneys and one judge. 
When asked about his longevity in the field, Johnson says the libraries where he’s worked – which include public, school and law libraries – have been different enough to keep him challenged and interested. 

22. Daniels Rejoins Mahaffey Tent As Director of Operations -

John “Jack” Daniels has rejoined Mahaffey Tent & Event Rentals as director of operations, a role he has previously held. Daniels brings more than 20 years of experience in event planning and operations. He most recently was a service manager at NES Rentals’ Cordova and Memphis branches. He also currently owns EventOps, an event company that specializes in corporate events and managing event budgets.

23. The Week Ahead: Oct. 31–Nov. 6 -

Good morning, Memphis – and happy Halloween! From the Indie Memphis Film Fest to the long-awaited opening of the Midtown Kroger, there’s plenty of exciting happenings to keep you busy in the coming days. Peruse what’s going on in The Week Ahead while you munch on the candy you’re supposed to be saving for the trick-or-treaters. (We won’t tell.)

24. Germantown Retail Strip Sells for $1.8 Million -

A Germantown shopping strip has sold for $1.8 million in a Sept. 30 warranty deed.

Kneeland Downs Properties LLC, which lists an address in Fort Myers, Florida, purchased the property at 9435 Poplar Ave. from Patton & Taylor Properties, a Memphis-based general partnership,

25. Germantown Retail Strip Sells for $1.8 Million -

A Germantown shopping strip has sold for $1.8 million in a Sept. 30 warranty deed.

Kneeland Downs Properties LLC, which lists an address in Fort Myers, Florida, purchased the property at 9435 Poplar Ave. from Patton & Taylor Properties, a Memphis-based general partnership,

26. Morgan Tate Promoted At River City Land Co. -

Morgan Tate has been named principal property manager of River City Land Co.’s property management division. A fourth-generation real estate professional, Tate joined the team at River City Land Co. in 2008 and began working for the firm’s property management division in 2012. 

27. Westminster Names Sparks Head of Upper School -

Amanda Sparks has joined Westminster Academy as the head of upper school for the 2016-17 school year. Sparks, who previously was principal of Haw River Christian Academy in Pittsboro, N.C., will lead the upper school faculty and staff in providing classical academics and a Christian culture for grades 7-12.

28. Mortgage Market Up 5 Percent in July -

The month of July heralded the same story for Shelby County’s mortgage market that’s been unfolding for a while now, and especially since the beginning of the year.

A combination of continued low rates, an improving local economy and buyers who feel better about their futures led to a 5 percent gain in purchase mortgage volume for July. That’s according to real estate information company Chandler Reports, www.chandlerreports.com.

29. FTN Financial Chief Economist: ‘Overdue for Recession’ -

When the Friday, Aug. 5, report on nonfarm payrolls indicated jobs jumped by 255,000 in July – 75,000 more than expected – FTN Financial chief economist Chris Low cautioned that the glass is half empty.

30. Last Word: The Greensward Deal, Pulpit to Protest Call and Leader Federal's HQ -

There is nothing quite like a deadline to produce results.

I’m not talking about this job, although it is more than a coincidence that the closer a deadline gets the more you start to figure out how to write something.

31. Paragon Bank: Not Too Big, Not Too Small, But Just Right -

Robert Shaw won’t say that big banks don’t have their place in the industry. He knows better.

32. Paragon Executive Touts Personal Touch of Community Banking -

Robert Shaw won’t say that big banks don’t have their place in the industry. He knows better.

“Larger banks do a lot of things very well,” said Shaw, CEO of Paragon Bank. “But community banks can do things on a more personal basis.”

33. Paragon Bank Reports Another Record Quarter -

For Paragon Bank, the first quarter of 2016 was the most profitable in the bank’s more-than-10-year history.

34. Last Word: Grizzdale?, Rio Bound and The Ways of the City Council -

The Grizzlies just about have their new coach. He is David Fizdale who comes to Memphis from being an associate coach for the Miami Heat.

35. Big Memphis Banks Getting Bigger -

The biggest banks based in Memphis keep getting bigger. New figures from the Federal Reserve Bank of St. Louis through the first quarter show broad-based improvement among banks in the Memphis-area market, from growth in net income to loans to total asset size.

36. Paragon Bank Reports Another Record Quarter -

For Paragon Bank, the first quarter of 2016 was the most profitable in the bank’s more-than-10-year history.

37. PFM Group Promotes Lowe To Managing Director -

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

38. Mortgage Market Up 31 Percent in April -

Shelby County’s mortgage market kicked off the second quarter by posting strong numbers for April, a continuation of where the mortgage market has been heading so far this year.

Last month’s total purchase mortgage volume stood at a little more than $168 million, up from April 2015’s total of a little more than $128 million, for a gain of 31 percent. That’s according to real estate information company Chandler Reports, www.chandlerreports.com.

39. 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.

40. Shipmon Joins Lending Team at Paragon -

Thomas “Tee” Shipmon has joined Paragon Bank as senior vice president, specialty lending. In this role, Shipmon is responsible for developing products for Paragon that solve customers’ challenges and that are profitable to the bank. Currently, specialty lending is providing short-term commercial construction loans to companies, often franchisees, that are expanding operations.

41. Once the Paragon of the Sport, Lady Vols Seem to be Fading From the Spotlight -

As the 2015-16 regular season winds down, the Tennessee Lady Vols basketball team is navigating uncharted territory, and the winds aren’t favorable.

The Lady Vols began the season ranked No. 4 in the nation by the Associated Press and picked to finish second in the SEC by coaches and media. They had Final Four aspirations. Their roster was loaded.

42. Murphy Joins Paragon’s Aircraft Lending -

Ronald Murphy has joined Paragon Bank as vice president, aircraft lending. Murphy – who worked at Paragon from 2005 to 2008 as senior vice president, aircraft lending – will originate and service aircraft loans for the bank by developing relationships with dealers, brokers and end users of business aircraft.

43. Paragon Employees Increased Volunteering Efforts in 2015 -

Paragon Bank’s employees volunteered a lot more in 2015 than they did in 2014.

The bank announced that its employees last year put in more than 1,480 hours through the bank’s Assisting the Community Through Service program, a 147 percent increase over 2014.

44. Sledge Joins Paragon Private Banking Team -

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

45. Shelby County Mortgage Market Up 18 Pct. in November -

When Sam Goff gets phone calls these days from prospective homebuyers wanting to start the mortgage loan process, the conversations tend to start the same way.

46. Fed: Memphis Banks See Q3 Improvement -

When Memphis-based Paragon Bank recently reported record third-quarter revenue, the highest total loans in the bank’s history and a big drop in nonperforming assets, Paragon CEO Robert Shaw was unequivocal.

47. Paragon Bank Reports Strong Third-Quarter Results -

Paragon Bank saw record revenues in the third quarter, as well as the highest total loans in the bank’s history and an improved net interest margin, the bank announced this week. The strong quarterly performance stems from a 57 percent drop in nonperforming assets, which are at their lowest levels since 2007, and the continued progress of Paragon's Atlanta-based Small Business Capital Group. Due to increases in Small Business Administration income, mortgage income and solutions product income, core non-interest income for the first three quarters of 2015 increased 82.3 percent over the same period in 2014 to $910,000. Among highlights for the third quarter: • Total revenue for the quarter was $3.3 million, an increase of 3.1 percent over the second quarter of 2015 and 11.8 percent over third quarter 2014. • Nonperforming assets dropped 57 percent during the third quarter, from $5.7 million to $2.5 million. The ratio of nonperforming assets to total assets also dropped from 1.94 percent on June 30 to 0.84 percent on Sept. 30. • Gross loans increased $5.4 million, or 9.2 percent, during the third quarter to reach $237.5 million. Total deposits also increased 8 percent as of Sept. 30, while core deposits have increased 3.3 percent. – Andy Meek Gus's Fried Chicken Named

48. Paragon Bank Reports Strong Third-Quarter Results -

Paragon Bank saw record revenues in the third quarter, as well as the highest total loans in the bank’s history and an improved net interest margin, the bank announced this week.

49. Shelby County Mortgage Market Up 10 Percent in October -

Shelby County’s mortgage market is now mid-way through the final quarter of the year, but, judging from the market’s performance in October, the typical year-end slowdown hasn’t materialized yet.

50. Koonce Joins Sedgwick Client Services -

Sedgwick Claims Management Services Inc. has added K. Max Koonce II as senior vice president of client services for its casualty retail business unit. Koonce, an attorney by trade, comes to Sedgwick from Wal-Mart Stores Inc., where he was senior director of risk management. He simultaneously served as president of Claims Management Inc., Wal-Mart’s wholly owned third-party administrator.

51. Mercedes-Benz Hires Heath Elliott as Sales Manager -

Heath Elliott has joined Mercedes-Benz of Collierville as general sales manager. In his new role, Elliott will manage the sales of all new and pre-owned cars sold at the dealership, which opened in 2014.

52. Business Lending in Recovery Mode -

The U.S. Small Business Administration estimates that small businesses provide more than half of all American jobs.

But since the Great Recession changed the economic landscape in 2008, how those small businesses go about gaining funding to operate or upgrade has changed. In fact, while the economic downturn hit big business, it also had a major hand in reshaping the nation’s small businesses.

53. Trezevant Hires Resident Services Head -

Kimberly O’Donnell has joined Trezevant as director of resident services. In her new position, she will be responsible for managing a variety of programs and functions while serving as liaison to the residential community.

54. Connexion Point Plans Memphis Grand Opening -

Health care services company Connexion Point is preparing to open its Memphis contact center, which is slated to employ nearly 400 people.

The Salt Lake City-based company will cut the ribbon on its 38,000-square-foot office – located at 1769 Paragon Place, suite 100, in Nonconnah Corporate Center – Thursday, Aug. 20, at 11:30 a.m.

55. Chamber Names SoundCheck Executive Committee -

A new group of executive committee members have been announced for the second year of SoundCheck, the Young Professional Council of the Greater Memphis Chamber.

The new members include chair Trey Carter of OCTI Training; vice chair Anna Cardona of ETFC Architects; Thomas Holmes of NexStar Broadcasting; Schuyler Dalton of Roots Memphis Farm Academy; Frankie Dakin of the New Memphis Institute; Teddy Gorman of Gorham/Schaffler Inc.; and Brittney Rowe of Paragon Bank.

56. Las Tortugas Deli Mexicana Adding Second Location, Plans for More -

Las Tortugas Deli Mexicana founder Jose "Pepe" Magallanes says customers have been asking for years that the restaurant he opened in 2003 add more locations to complement its existing Germantown-area presence.

57. Connexion Point Plans Memphis Grand Opening -

Health care services company Connexion Point is preparing to open its Memphis contact center, which is slated to employ nearly 400 people.

The Salt Lake City-based company will cut the ribbon on its 38,000-square-foot office – located at 1769 Paragon Place, suite 100, in Nonconnah Corporate Center – Thursday, Aug. 20, at 11:30 a.m.

58. West-Ward Pharmaceutical Plans Distribution Center Expansion -

4750 Pleasant Hill Road
Memphis, TN 38116
Loan Amount: $6.1 million

59. West Tennessee Home Builders Association Opens New Headquarters -

The West Tennessee Home Builders Association is holding a ribbon-cutting ceremony for its new headquarters.

The organization will host the ceremony Tuesday, July 14, at 5 p.m. to dedicate the new East Memphis location at 5400 Poplar Ave.

60. Pinnacle Financial Partners Adds to Memphis Team -

The team launching Nashville-based Pinnacle Financial Partners’ expansion into the Memphis market is getting bigger.

The bank has added another three in Memphis, bringing the total so far to 11. The new additions – Rick Neal, Richard Harris and Nicole Pickens – come from Trustmark Bank, Paragon Bank and First Tennessee, respectively.

61. Del-Nat Sells Warehouse, Newby’s Makes A Comeback -

Del-Nat Tire Co. has unloaded a 500,000-square-foot warehouse in Southwest Memphis.

Sunhill Holdings LLC acquired the warehouse at 2365 Texas Drive for $6 million from Del-Nat Realty.

62. Connexion Point to Hire Nearly 400 in Memphis -

A technology-driven health care services company is opening a Memphis office that will employ nearly 400 people over the next few months.

Connexion Point, a Salt Lake City, Utah-based company that represents large insurance companies, will open a contact center at Nonconnah Corporate Center in Southwest Memphis.

63. Salomon Joins Harkavy Shainberg -

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

64. Paragon Bank Reports Highlights, Decisive Turn at Annual Shareholders Meeting -

2014 proved a milestone year for Paragon Bank: The now 10-year-old institution saw a few decisive changes, the bank’s leadership reported at its annual shareholders meeting in recent days.

65. Pinnacle CEO Talks Memphis Plans in Wake of Acquisition -

Flush from its newly announced acquisition of Magna Bank and the hire of a team from First Tennessee Bank, the newest entrant into the Memphis banking market already is looking down the road, planning more hires and a careful expansion of Magna’s existing footprint.

66. Paragon Promotes Two to First Vice President -

Paragon Bank has promoted Cheryl Shackelford and Tracey Thesmar to first vice presidents.

67. Shelby County Mortgage Market Grows 23 Percent in March -

The last month of the first quarter showcased a Shelby County mortgage market with abundant vitality, including evidence that plenty of demand exists among buyers eager to sign on the dotted line.

Mortgage volume countywide grew 23 percent in March compared to the same month a year ago, according to real estate information company Chandler Reports, www.chandlerreports.com. Year over year, volume last month rose to a little more than $126 million, up from $103.1 million in March 2014, and lenders say continued low rates are one reason why.

68. Paragon Bank Promotes Two to First Vice President -

Paragon Bank has promoted Cheryl Shackelford and Tracey Thesmar to first vice presidents.

69. Paragon Bank Celebrates 10-Year Milestone in 2015 -

Paragon Bank is blowing out a milestone candle on its birthday cake this year.

The Memphis-based bank is celebrating its 10th anniversary, and to coincide with that it’s planned a yearlong #10for10 campaign that features a number of celebratory events the bank has planned in honor of its anniversary and community-focused mission.

70. Paragon Bank Closes the Book on Busy 2014 -

Paragon Bank has closed the book on 2014, an active year for the bank with milestones that included, among other things adding a wealth solutions team, executing new leases for two banking centers and forming a small business capital group.

71. Shelby County Mortgage Market Dips Slightly in January -

Even though total mortgage volume in Shelby County dipped slightly in January, Magna Bank – among the top lenders for the month – actually grew its volume in during the month.

72. Paragon Recognized for Healthy Work Environment -

Memphis-based Paragon Bank was recently awarded the 2014 Psychologically Healthy Workplace Award for the State of Tennessee.

73. Paragon Bank Taps IT Vice President -

Paragon Bank has chosen Troy Wheetley as the bank’s first vice president of information technology.

He’ll report to Lewis Perkins, the bank’s executive vice president and chief financial officer. In his new role, Wheetley is responsible for overseeing daily operations in the information technology department, including working with management to set strategic initiatives, building technology plans and establishing information security standards to benefit both customers and employees.

74. Paragon Bank Taps IT Vice President -

Paragon Bank has chosen Troy Wheetley as the bank’s first vice president of information technology.

He’ll report to Lewis Perkins, the bank’s executive vice president and chief financial officer. In his new role, Wheetley is responsible for overseeing daily operations in the information technology department, including working with management to set strategic initiatives, building technology plans and establishing information security standards to benefit both customers and employees.

75. Shelby County Mortgage Market Sees Improvement -

The mortgage market in Shelby County ended 2014 in a slighter better position than where it stood in 2013.

Banks and mortgage lenders made 8,471 purchase mortgages in Shelby County during 2014, up 2 percent from the 8,301 mortgages during 2013, according to the latest data from real estate information company Chandler Reports,www.chandlerreports.com.

76. Paragon Recognized for Healthy Work Environment -

Memphis-based Paragon Bank was recently awarded the 2014 Psychologically Healthy Workplace Award for the State of Tennessee.

77. Bank of Bartlett Buys Germantown Property -

1870 Kirby Parkway
Germantown, TN 38138
Sale Amount: $4.1 million

Sale Date: Dec. 29, 2014
Buyer: Bank of Bartlett
Seller: Spence Ray
Details: Bank of Bartlett has bought back a site on Kirby Parkway in Germantown for $4.1 million.

78. Paragon Hires Business Development Officer -

Paragon Bank has added a business development officer who’s also a veteran of a prominent Memphis investment firm.

79. Loeb Buys Former Peddler Bike Shop -

In addition to its recent purchase of the former Newby’s bar and restaurant space, an affiliate of Memphis-based Loeb Properties has acquired another key Highland Strip property for $500,000.

80. Loeb Pays $450,000 for Newby’s Property -

Memphis-based Loeb Properties paid $450,000 to acquire the Newby’s property on the Highland Strip near the University of Memphis.

Highland University District LLC, an affiliate of Memphis-based Loeb Properties, acquired 535 and 539 S. Highland St. from Paragon Bank, according to a Dec. 29 deed of trust.

81. Loeb Buys Former Peddler Bike Shop -

In addition to its recent purchase of the former Newby’s bar and restaurant space, an affiliate of Memphis-based Loeb Properties has acquired another key Highland Strip property for $500,000.

82. Loeb Pays $450,000 for Newby’s Property -

Memphis-based Loeb Properties paid $450,000 to acquire the Newby’s property on the Highland Strip near the University of Memphis.

Highland University District LLC, an affiliate of Memphis-based Loeb Properties, acquired 535 and 539 S. Highland St. from Paragon Bank, according to a Dec. 29 deed of trust.

83. Paragon Bank Wraps Up United Way Campaign -

Paragon Bank completed its annual campaign for the United Way of the Mid-South with a significant increase in both employee participation and monetary contributions compared to its 2013 campaign.

84. Loeb Acquires Newby’s Restaurant Space -

Memphis-based Loeb Properties has acquired one of the most venerable locations on the Highland strip.

Loeb purchased the long-time home of club and restaurant Newby’s at 535 and 539 Highland St. from Paragon Bank. A purchase price was not disclosed Friday, Jan. 2.

85. Paragon Bank Wraps Up United Way Campaign -

Paragon Bank completed its annual campaign for the United Way of the Mid-South with a significant increase in both employee participation and monetary contributions compared to its 2013 campaign.

86. Greenfield Voted to Lead Veterinary Dental College -

Dr. Barden Greenfield has been unanimously voted president-elect for the American Veterinary Dental College. In 2009, Greenfield started Your Pet Dentist, the umbrella that incorporates his involvement in Memphis Veterinary Specialists, Nashville Specialists and the Animal Emergency and Specialty Clinic of Little Rock. He has been on the AVDC board for three years, serving as chair of the PR Committee and as a member of the Credentials Committee.

87. Paragon Turns In Positive Third Quarter -

Partly driven by an uptick in loans, Memphis-based Paragon Bank turned in another positive showing during the third quarter, with year-to-date pre-tax earnings 35 percent higher than in the first three quarters of 2013, the bank said.

88. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

89. Paragon Bank Launches Wealth Solutions Division -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

90. Paragon Bank Launches Wealth Solutions Group -

Paragon Bank has formed a wealth solutions division, a group of six led by president and managing director Dan Overbey, in a move beyond its traditional banking services to offer a new suite of products to customers.

91. Paragon Bank Accepting Donations for Food Drive -

Paragon Bank is accepting donations for the 7th Annual Mid-South Food Bank Student Food Drive at its four banking centers throughout the month of November.

92. Paragon Bank Accepting Donations for Food Drive -

Paragon Bank is accepting donations for the 7th Annual Mid-South Food Bank Student Food Drive at its four banking centers throughout November.

93. Newby's Owner Raising Money to Keep Doors Open -

Newby’s owner Todd Adams has turned to crowdfunding to help him raise money that will be used to keep his bar and music venue on the Highland Strip open.

Adams has set up a GoFundMe account to raise $25,000 to help keep the doors open at Newby’s, which Paragon Bank foreclosed on this summer. The owner of Newby’s since 1997, Adams wants to get to the point where he can buy back the property, after which he then has a plan to reshape its layout and include a bevy of additions.

94. Paragon Adds Partner of Wealth Solutions -

Paragon Bank has added Mark Winburne as an adviser and managing partner of Paragon’s Wealth Solutions Division.

95. Paragon Adds Partner Of Wealth Solutions Division -

Paragon Bank has added Mark Winburne as an adviser and managing partner of Paragon’s Wealth Solutions Division.

96. Paragon Launches Small-Business Group -

Memphis-based Paragon Bank is expanding beyond the city, thanks to its launch of a new division focused on small-business lending.

97. Paragon Bank Reports Profitable Quarter -

Paragon Bank’s most recent quarterly results show the bank sticking to the game plan for the rest of 2014 that Paragon executives outlined earlier this year at the company’s annual meeting.

98. Home Builders Group Buys Building for Headquarters -

The West Tennessee Home Builders Association has paid $4.4 million for an office building at 5400 Poplar Ave. in East Memphis that will house the organization’s new headquarters.

99. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

100. Paragon Bank Adds VP to Commercial Team -

Paragon Bank has added Richard Harris as vice president of commercial banking.