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1. Local Investors Buy SE Memphis Office Condos
- Friday, August 26, 2011
A portfolio of office condominiums in Southeast Memphis have sold to a group of local investors.
Winchester Office Plaza at 5501, 5507 and 5489 Winchester Road has sold to QSM Holdings LLC for $273,333.
2. Owners Serious About Kick-Starting Troubled Subdivision
- Monday, September 14, 2009
The Vinings at Germantown, a 63-lot development off Winchester Road, appears poised to close the book on a checkered past that includes several ownership groups and a litany of financial woes.
The 32-acre subdivision seemed doomed from its earliest stages when developer Levitt and Sons filed for bankruptcy in 2007. Then its second owner, The Hyneman Cos. LLC – led by developer William “Rusty” Hyneman – sold the property soon after buying it in December 2007 for a little less than $10 million.
3. Georgia Co. Buys U of M-Area Senior Nursing Facility
- Tuesday, May 26, 2009
3549 Norriswood Ave.
Memphis, TN 38111
Sale Amount: $7.3 Million
Sale Date: May 11, 2009
Buyer: FC Highlands LLC
Seller: Wesley Highland Nursing Homes Inc.
Loan Amount: $9.4 million
Loan Date: May 11, 2009
Maturity Date: N/A
Lender: First Bank
4. Bank Buys 63 Lots In the Vinings of G’town
- Tuesday, May 19, 2009
The 63 lots of the Vinings of Germantown Subdivision have yet another owner, following the sale of the property back to the lender, Merchants & Farmers Bank. The bank on May 13 paid $5.1 million for the 63 lots from RAM Holdings Inc., which had bought the lots last year for just less than $6 million from St. James Place LLC. RAM Holdings is managed by Michael Bourne.
5. Chrysler to Close 5 More Plants; Court Case Begins
- Monday, May 4, 2009
NEW YORK (AP) - Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat Group SpA, but that won't include eight plants, including five that the automaker revealed it will shutter by the end of next year.
6. Archived Article
- Tuesday, January 22, 2008
63 lots in
Sale Amount: $6 million
Sale Date: Dec. 26, 2007
Buyer: RAM Holdings LLC
7. Vinings in GermantownSells for $6 Million
- Friday, January 18, 2008
All 63 lots in the Vinings at Germantown Subdivision have sold for just less than $6 million to a local limited liability company. RAM Holdings LLC, which sale documents list at a Germantown address, bought the property