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Editorial Results (free)

1. Powers of Attorney: A Big Part of the Plan -

Ray’s Take: There are multiple moving parts to a good estate plan and various powers of attorney are an important element. Power of attorney basically gives someone else the right to act on your behalf; there are two types of powers of attorney.

2. Market of Riverdale Bend Sells for $6.2 Million -

7114-7186 Winchester Road Memphis, TN 38125

Sale Amount: $6.2 million

Sale Date: July 2, 2013

3. Winchester Fred’s Sells for $1.8 Million -

The Fred’s store at 7143 Winchester Road in Southeast Memphis has sold for $1.8 million. Freds Partners LLC bought the 16,611-square-foot store in a June 26 special warranty deed from the property’s developer, McCarver Development of Jackson, Tenn.

4. Emerald Apts. Suit Settled, Properties Resold -

A $28 million lawsuit involving a trio of apartment complexes in Southeast Memphis settled on undisclosed terms last week, around the same time the original owner bought the properties back through three multimillion-dollar warranty deeds.

5. Apartments Owner Files Suit to Combat Foreclosure -

Three apartment complexes in Southeast Memphis that sold three months ago for $10 million are now mired in foreclosure and a $28 million lawsuit.

Bellevue, Wash.-based Emerald Apartment Group LLC financed the properties through Protective Life Insurance Co. in a trio of March 18 transactions: Emerald Square for $3.7 million, Emerald Pointe for $2.3 million and Emerald Park for $3 million. The sellers were three Georgia-based entities.

6. 'Emerald' Apt. Complexes Face Foreclosure Sales -

Three apartment complexes that sold in March for $10 million are now facing foreclosure sales, according to first-run foreclosure notices in the Wednesday, June 22, Daily News. Bellevue, Wash.-based Emerald Apartment Group LLC in March bought Emerald Square Apartments at 6100 Knight Arnold Road Extended for $4.1 million, Emerald Pointe Apartments at 3338 Summer Place Lane for $2.6 million and Emerald Park Apartments at 3350 Hickory Hill Road for $3.3 million.

7. SRVS Files Construction Loan for New Headquarters -

3971 Knight Arnold Road
Memphis, TN 38118
Loan Amount: $3.3 million

Loan Date: March 22, 2011
Maturity Date: n/a
Borrower: Shelby Residential and Vocational Services Inc.
Lender: First Tennessee Bank NA

8. 3 Hickory Hill-Area Apts. Sell for $10 Million -

Bellevue, Wash.-based Emerald Apartment Group LLC has bought three apartment complexes in the Hickory Hill Road/Knight Arnold Road area for a total $10 million. They include Emerald Square Apartments at 6100 Knight Arnold Road Extension for $4.1 million, Emerald Pointe Apartments at 3338 Summer Place Lane for $2.6 million and Emerald Park Apartments at 3350 Hickory Hill Road for $3.3 million.

9. Former Orgill Distribution Center Sold Following Foreclosure -

2108 Latham St.
Memphis, TN 38109
Sale Amount: $2.5 Million

Sale Date: March 9, 2010
Buyer: NW-2100 Latham Street LLC
Seller: Bradley Ottinger, trustee

10. Bed Bath & Beyond Owner Files $2.9M Loan -

KIR Memphis BBB LP, the owner of the Bed Bath & Beyond store at 2810 N. Germantown Parkway, has filed a $2.9 million “deed of trust, security agreement and fixture filing for commercial purposes” through Protective Life Insurance Co. on the property.

11. Why the Struggle to Control Beale Street Continues -

Eight blocks lie between the Shelby County Courthouse and Beale Street.

The courthouse’s seated representations of wisdom, justice, liberty and authority look southward toward the entertainment district. Sometimes, if the wind is blowing in the right direction, you can hear the band in Handy Park from the courthouse steps.

12. Mascom Properties Buys Bartlett Retail Center -

Mascom Properties LLC has bought a 22,120-square-foot strip shopping center at 2686 Kirby Whitten Road in Bartlett for $1.8 million from W. Terry Edwards.

The Bartlett Commons Center, built in 2001, sits on 2.44 acres in the Bartlett Commons Planned Development, south of the Summer Avenue and Kirby-Whitten Road intersection. The sale closed June 12.

13. Foreclosure Deepens Mysteries Surrounding Westwood Church -

A small wooden shack stands alone at the corner of Mitchell and Rochester roads in Westwood. Padlocked and surrounded by foot-tall weeds and a crumbling parking lot, it's the last remnant of a church that once called 357 W. Mitchell home.

14. The Hes, Bakers & Foster Care -

At the end of January, the Tennessee Supreme Court made a ruling that will profoundly affect the life of one little girl.

Eight-year-old Anna Mae He, whose name has spawned a media blitz across the country, soon will be reunited with her birth parents, Shaoqiang "Jack" and Qin Luo "Casey" He, despite relentless efforts by her foster family to hold onto her.

15. Archived Article -

2996 Kate Bond Road
Bartlett, TN 38133
Loan Amount: $10.9 million

Loan Date: July 31, 2006

Maturity Date: Aug. 1, 2016

16. Events -

The Kiwanis Club of Memphis meets at noon today in the Skyway at The Peabody, 149 Union Ave. Matt Weber, vice president of Protective Life Insurance Co., is the guest speaker. For reservations, contact Harold D. Dickson at 227-4125.

17. Archived Article: Real Recap - Shelby Center

Shelby Square Sells for $6.6 Million

Shelby Square

near Shelby Drive

Cost: $6.6 million

Buyer: EIG Shelby Square LLC

Seller: Bennett V. York and Anderson-Tully Co.

Property: Shelby Square shopping center at Riverda...

18. Archived Article: Calendar - Calendar Calendar Feb. 7 The Baptist Cancer Institute Life Center, 50 Humphreys Blvd., will host a seminar, "Planning Ahead: Living Wills and Durable Power of Attorney for Health Care" at 1 p.m. The seminar is open to the public and there ...

19. Archived Article: Calendar - Jan Jan. 5 The Mid-South Fly Fishers will meet at 6:30 p.m. at the University Club, 1346 Central Ave. The speaker will be Mike Bone, a professional guide with Clinch River Outfitters. For more information, call Donald M. Dunn at 386-5274. Jan. 7 Lam...

20. Archived Article: Law Focus - 7/25 jts law focus Pros and cons of pro se Do-it-yourself law is growing. Is there a cost? By JAMES SNYDER Thinking about pro se litigation kicks in the brain muscle that reacts to oxymorons. It is, after all, a kind of self-help in a profession eve...

21. Archived Article: Real Review Lj - lj 10/5 cates Real Review Market commentary. Last week, mortgage rates on 30-year fixed-rate conventional and government loans fell about .625 discount points. The 10-year Treasury note auction last week was relatively well-bid, and economic data re...