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Editorial Results (free)

1. UBS Creating Nashville Hub, Adding 1,000 Jobs -

NASHVILLE (AP) – Financial services firm UBS AG on Wednesday announced it will consolidate back office functions in Nashville, creating 1,000 jobs in the city over the next five years.

2. Shelby Crossing Retail Center Sells for $2M in Foreclosure -

6100 Macon Road
Memphis, TN 38134

Sale Amount: $2 million

Sale Date: July 13, 2012

3. Cordova Storage Facility Sells for $1.2 Million -

Sale and loan documents related to the recent sale of a Memphis storage facility have been filed with the Shelby County Register’s Office. Grand Central Storage, 7384 Raleigh Lagrange Road, is one of two properties bought by out-of-town entity Orchid Hill Investments for a total $4.5 million.

4. Site Work for St. Jude Tower Part of Permit Application -

315 Danny Thomas Place
Memphis, TN 38105

Permit Cost: $5 million

Project Cost: $190 million

5. Quince Centre Financed for $8.6 Million -

In-Rel Management Inc., working under the name 6555 Quince Building Owner LLC, has financed the nearly 124,000-square-foot office building at 6555 Quince Road through UBS Real Estate Securities Inc. for $8.6 million.

6. MAA Announces Closing of Unsecured Term Loan -

Memphis-based apartment-only real estate investment trust MAA announced Monday, March 5, the closing of a $150 million unsecured term loan agreement with a five-year term. Proceeds from the term loan will be used to repay outstanding balances on a secured line of credit.

7. Former Cordova Applebee’s To Be Converted to IHOP -

1106 N. Germantown Parkway
Cordova, TN 38016
Sale Amount: $1.3 Million

Sale Date: April 2, 2009
Buyer: Hotcakes Cordova Venture LLC
Seller: Gourmet Systems Inc.
Loan Amount: $1.6 million
Loan Date: April 2, 2009
Maturity Date: Sept. 30, 2014
Lender: Branch Banking and Trust

8. Deutsche Bank to Write Off$3.12B From Subprime Losses -      Deutsche Bank AG said Wednesday it will write off around $3.12 billion related to the U.S. mortgage morass, but that gains from asset sales and tax credits still will help Germany's biggest bank earn a third-quarter prof

9. Archived Article -

Three Memphis
Senior living communities
Sale Amounts: $11 million; $11.6 million; $7.1 million

Sale Date: April 26, 2007

10. Michigan Management Co.Buys Frayser Walgreens -      A Michigan-based company has invested in a Walgreens drug store in Frayser.
     Fetter Memphis LLC bought the 15,240-square-foot Walgreens at 3100 Thomas St. from NTP Highway 51-Whitney for