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Editorial Results (free)

1. Last Word: Leaving Warren and Tulane, New Police Brass and Losing Housing -

Post Super Bowl edition of Last Word: Broncos 24 – Panthers 10 – Lady Gaga’s National Anthem kudos – Coldplay/Bruno Mars/Beyonce ambitious halftime extravaganza got lost in spots by bad sound.

2. Spirited Courtrooms -

Nine or 10 years ago, in a court I know well, something along the following lines was said between a judge and a somewhat aggrieved defendant in traffic court:

Defendant: Judge, the police in this city have harassed me and my family for three years. They stop us three-four times a month, just to check our driver’s licenses. They know about the suspensions from Florida and Georgia. And that this state’s bureaucrats will not issue a license to us.

3. Collaborative Aims to Enhance Memphis Medical District -

In 2016, the Memphis Medical Center will see $1.8 million in upgrades and enhancements aimed at creating a unified, livable district. That’s the annual budget for the newly established Medical District Collaborative, a nonprofit entity made up of the area’s stakeholders and executives.

4. Last Word: Post Caucus, Fincher's Exit, 1919 Handwriting and Your Rolodex -

That close (very little light between index finger and thumb) between Clinton and Sanders in Iowa Monday evening.
Both live to fight another day in another state—New Hampshire.
And because it is Iowa – they each get to declare victory as long as they don’t go into a lot of detail about the totals.
This is one of those cases where it is like horsehoes and hand grenades – close does count.

5. Fenced Out -

There’s a major problem in Memphis when it comes to minorities: African-Americans make up 63 percent of the population but garner less than 1 percent of total business receipts within Memphis, according to the most recent U.S. Census data.

6. Black-Owned Business Revenue Drops in Memphis -

Bad has turned to worse, according to the latest data from the U.S. Census Bureau's Survey of Business Owners.

Memphis’ population is majority African-American, but black-owned establishments earn only 0.83 percent of business revenue citywide.

7. Few US Neighborhoods Affordable, Walkable With Good Schools -

WASHINGTON (AP) — Few neighborhoods can match the perks of Adams Morgan in Washington, D.C. — a reality that reflects a broader problem for the U.S. housing market.

Residents of Adams Morgan enjoy a bevy of bars, restaurants, exercise studios and shopping, just steps from their row houses and condo buildings. Home values are reasonable relative to neighborhood incomes. And in general, the area schools rate as better than average nationally.

8. US Home Prices Rise in November; All-Time Highs in 4 Cities -

WASHINGTON (AP) — U.S. home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market.

9. The 5 Applicants for Mud Island Redevelopment -

Each company that applied to redevelop Mud Island River Park has a month to submit its detailed proposal, including specific plans and how they would be financed, to the Riverfront Development Corp.

10. Last Word: Kroger Disses Clarence Saunders, Mud Island Plans and The Australians -

What is old has become new again. And judging by your reaction to Andy Meek’s story on the Kroger plans for online ordering of groceries, what is old has gone viral as well.
Here are the basics:
You order from a list of items and Kroger fills the order and has it waiting for you to pick up.
When you think about the idea of supermarkets, which originated here in Memphis with Piggly Wiggly, it’s enough to make the Piggly Wiggly founder himself, Clarence Saunders, spin in his grave.
Before he came up with the idea of taking store shelves from behind the counter and putting them out there for you to get your own stuff from them, you would tell your grocer what you wanted and he would write it down on a paper bag and get it for you, wrap it up and present it to you.
Saunders changed all of that as you know if you’ve seen the Pink Palace’s child-sized replica of a Piggly Wiggly store from the start of the 20th century.
A century later, no paper bags and you can still walk among the shelves if you wish.
Perhaps this isn’t that extreme. Maybe this is simply a swing of the pendulum, back toward the middle ground.
Saunders tried to push it even further with his Keedoozle stores that followed Piggly Wiggly. In those stores, the items were lined up in what amounted to vending machines with shoppers releasing an item from the vertical row with a key.
Here Saunders went too far. He mashed the bread.

11. Five Mud Island Proposals Go Public -

A Memphis resort hotel group headed by mortgage banker and hotel manager Paul Westphal is proposing a 500-room resort hotel and spa in Mud Island River Park that would incorporate the island’s River Walk in its lobby.

12. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

13. International Real Estate Firms Find Purchase Potential in Memphis -

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

14. Belz Sells Linden Camilla Towers for $14.4M -

An entity affiliated with Belz Enterprises has sold the Linden Camilla Towers in Midtown for $14.4 million.

The 11-story senior living apartments, located 256 S. Camilla St., are still under local ownership.

15. Impatient Clemmons Anxious for Minority Voice to Be Heard -

Democratic state Rep. John Ray Clemmons is only halfway through his first two-year term representing District 55 in Nashville. But he’s not willing to wait years to speak out or push for change.

16. Olymbec Compiling Airport-Area Office Park -

Olymbec USA LLC is gaining critical mass near Memphis International Airport with the planned purchase of a 133,600-square-foot office building at 2600 Nonconnah Blvd.

17. Belz Sells Linden Camilla Towers for $14.4M -

An entity affiliated with Belz Enterprises has sold the Linden Camilla Towers in Midtown for $14.4 million.

The 11-story senior living apartments, located 256 S. Camilla St., are still under local ownership.

18. Shelby County Housing Market 'Back to Normal' in 2015 -

The Memphis and Shelby County housing market moved closer to prerecession levels in 2015 as the year closed with the highest home sales revenue recorded since 2007.

There were 16,176 sales recorded last year, up 3 percent from 2014, according to real estate information company Chandler Reports, chandlerreports.com.

19. Last Word: Legislature's Return, Uber Pilot, Minivan Comeback and Bowie's Exit -

The gavel falls in Nashville.
The Tennessee legislature is back in session Tuesday. This is an election year session for the legislature. So it will be short – likely an early April adjournment. But that doesn’t mean the session is without expectations from outside Nashville.

20. Collierville Assisted Living Facility Sells for $17 Million -

601 Wolf River Blvd.
Collierville, TN 38017

Sale Amount: $17 million

Sale Date: Dec. 29, 2015

21. Last Word: El Chapo and Memphis, First Filers for August and Origins in Graffiti -

The Mississippi River at Memphis crested and then it rained.
The weekend rain added about two-tenths of an inch by Saturday to Friday’s crest.
But by Sunday, the river had dropped to 39.12 feet, which is still more than five feet above flood stage.

22. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

23. Collierville Assisted Living Facility Sells for $17M -

Culpepper Place of Collierville, an assisted living facility at 601 Wolf River Blvd., has a new owner and a new name following its $17 million sale.

24. CBRE Acquires Memphis Affiliate -

CBRE Memphis has gone from being an affiliate of CBRE Group Inc. to becoming part of the Fortune 500 real estate service and investment firm.

25. What 2016 Will Do to Your Checkbook: Rent, Food, Gas, Raises -

Wondering how you will fare financially in 2016? Below are what experts think next year will hold for financial matters close to home: Raises, rent, gas, food and health.

WILL YOU GET A RAISE NEXT YEAR?

26. Last Word: Out With the Old, In With The River -

We end 2015 with an eye on the Mississippi River as the city marks the New Year with three major New Year’s Eve outdoor celebrations – one on Beale Street, another in the newly-awakened Overton Square and yet another in the Broad Avenue Arts District.
Two come with lots of memories of past New Year’s eves – with soon-to-be memories.
Overton Square’s comeback as a theater district has been a big story of the last two years.
But Beale Street at the end of 2015 is an institution that has also seen a lot of change in the last year with the move to a Beale Street Tourism Development Authority at year’s end.
Broad is a different story with a different context. The context is a diversified Memphis whose crowd is likely to be at least slightly more local than the mix in Overton Square and on Beale Street.
It's example could very well show us the path to a New Year's eve with public celebrations from Whitehaven to Frayser.

27. Sports Legacy Award Winners to Be Honored at MLK Game -

Jalen Rose, Spencer Haywood and Tamika Catchings are the recipients of the 11th annual National Civil Rights Museum Sports Legacy Award and will be honored on Martin Luther King Jr. Day – Monday, Jan. 18 – when the Grizzlies play the New Orleans Pelicans at FedExForum.

28. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

29. Refugees, Regents, Privatization On Tap for New Session -

State Sen. Ken Yager isn’t quite ready for the state of Tennessee to reclaim the Refugee Resettlement Program from Catholic Charities.

30. Poplar Ave. Car Wash Sells for $2.5 Million -

The Boomerang Carwash at 4831 Poplar Ave. has sold for $2.5 million

Arkansas-based Washpop LLC purchased the property from Bailey’s Tunnel Wash LLC in a Dec. 23 warranty deed. In conjunction with the sale, Washpop filed a five-year, $2.5 million mortgage with First Capital Bank.

31. US Home Prices Climb in October, Helped By Solid Job Market -

WASHINGTON (AP) – Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5.5 percent in the 12 months ending in October, up from a 5.4 percent pace in September, according to a report released Tuesday.

32. Earthman Promoted at Geotechnology -

Doug Earthman Jr. has been promoted to business development associate at Geotechnology Inc., a geotechnical engineering and environmental services firm. In his new role, he’ll develop and maintain relationships with clients throughout Tennessee, Mississippi and Arkansas in markets that include transportation, manufacturing, energy, institutional and commercial developments.

33. Last Word: Watching The River, The Clerk's Inner Circle and Universal Bankers -

The Mississippi River is on the rise here and elsewhere which means for many of us the New Year will include a look at the river and memories of 2011 when the river at Memphis was the highest it had been since the record 1937 flooding.

34. Crestview Collection Makes New HQ in Oakhaven -

4300 Concorde Road
Memphis, TN 38118

Sale Amount: $6.9 million

Sale Date: Dec. 15

Buyer: CLI Inc.

Seller: Lester McMahan Partnership

Loan Amount: $6 million

35. Midway Point -

A quality, affordable neighborhood for low- to moderate-income Memphians. That’s developer Henry Turley’s ongoing vision for Uptown, a North Memphis neighborhood benefiting from $150 million in redevelopment efforts.

36. What 2016 Will Do to Your Checkbook: Rent, Food, Gas, Raises -

Wondering how you will fare financially in 2016? Below are what experts think next year will hold for financial matters close to home: Raises, rent, gas, food and health.

WILL YOU GET A RAISE NEXT YEAR?

37. Beale Board Approves Lease With City -

This was all supposed to be settled legally in 2014. But the stickiest legal dispute of many involving the Beale Street entertainment district may be coming back to life.

As the Beale Street Tourism Development Authority approved a 25-year lease with the city of Memphis last week, which includes five renewal options of 15 years each, it learned the city has suspended payments to the Beale Street Development Corp.

38. Civil Asset Forfeiture: 'It's a State License to Steal' -

The drugs in Kathy Stiltner’s car were over-the-counter antacids. The $12,000 in cash was from an inheritance. Still, police took the money – quite legally – and are still fighting to keep it, even after the drug charge was dropped.

39. Memphis' Grocery Wars -

After Sprouts became one of the newest grocery chains to enter the Memphis market by opening stores in Lakeland and Germantown earlier this year, company spokesman Diego Romero described the chain’s arrival as practically a no-brainer.

40. Versant Inks Office Lease at Germantown Park -

Memphis-based Versant Supply Chain is going corporate with a newly signed anchor tenant lease in the Germantown Park office development near Germantown Parkway and Walnut Grove.

The seven-year commitment is a big move for Versant, which has been operating out of built-in office space at its 4105 Mendenhall Road warehouse.

41. The Week Ahead: Nov. 30, 2015 -

How was your weekend, Memphis? Here’s our weekly rundown of local happenings you need to know about, from snow and sledding at the Levitt Shell to orientation for members of the new Memphis City Council...

42. Home Values Point to a Sharp Wealth Divide Within US Cities -

WASHINGTON (AP) — It's still possible in Boston for a mail carrier, an accountant and a Harvard-trained psychiatrist — basically, the crowd from "Cheers" — to live as neighbors.

That finding by the real estate brokerage Redfin makes the capital of Massachusetts a rarity at a time when neighborhoods in most U.S. cities are increasingly isolated from each other by income and home values.

43. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

44. Hamlet Offers Plan For Global Ministries Foundation's Inner-City Apartments -

Global Ministries Foundation founder Richard Hamlet has a multi-million dollar recapitalization plan to make extensive renovations at three inner-city apartment complexes his company owns.

45. Marriott Becomes World's Largest Hotelier, Buying Starwood -

NEW YORK (AP) — Hotel behemoth Marriott International is becoming even larger, taking over rival chain Starwood in a $12.2 billion deal that will catapult it to become the world's largest hotelier by a wide margin.

46. Tennessee’s Landlords Find Hidden Costs of Privatization -

Murfreesboro businessman Tom Hyde felt the sting of Tennessee’s privatization practices two years ago when a representative of Jones Lang Lasalle notified him he would have to pay the company a commission as part of his next lease agreement.

47. McDonald's Won't Pursue Real Estate Investment Trust -

OAK BROOK, Ill. (AP) — McDonald's says it will not pursue spinning off its real estate assets.

The world's largest hamburger chain, which is in the midst of a turnaround plan, had been considering forming a real estate investment trust partly because of the potential tax advantages it could provide.

48. Shelby County Home Sales Edge Down in October -

Memphis and Shelby County home sales decreased 9 percent this October compared to the same month last year, but the decline could be related more to a lack of inventory than a lack of interest.

There were 1,344 sales recorded for October, compared with 1,472 recorded for the same time last year, according to data from real estate information company Chandler Reports, chandlerreports.com

49. US Housing Recovery Divided on Age, Race and Place -

WASHINGTON (AP) — It's the most profitable time to sell a house since the Great Recession started in late 2007. But first-time buyers are increasingly scarce.

More Americans are qualifying for mortgages, yet minorities still get disproportionately rejected.

50. Corker Blames Accounting Firm for Disclosure 'Filing Errors' -

CHATTANOOGA, Tenn. (AP) — Republican U.S. Sen. Bob Corker of Tennessee is blaming his accounting firm for making "filing errors" in disclosures about the Republican's trades in shares in a hometown real estate firm.

51. Conference Aims to Spark Positive Change, One ZIP Code at a Time -

The world can be a big place, even within one city or a single ZIP code. But the world also can be made smaller when the right kinds of lines are crossed.

Steve Nash founded nonprofit Advance Memphis in 1999, beginning an ambitious project without end. His goal: bring economic sustainability to the people living in and around the Cleaborn/Foote Homes public housing developments in South Memphis’ 38126 ZIP code, the poorest urban ZIP in Tennessee.

52. Andy Cates: Memphis in ‘Pivotal’ Time -

When more than 100 of the city’s most prominent developers and real estate professionals got together Tuesday, Nov. 3, at the Crescent Club in East Memphis, much of the focus was on a list of more than two dozen real estate projects.

53. Shadyac Gives More Clues on St. Jude Expansion Plans -

Rick Shadyac, president and CEO of St. Jude Children’s Research Hospital’s fundraising arm, has revealed further details about the hospital’s expansion plan.

Shadyac addressed the Memphis chapter of Lambda Alpha International on Tuesday, Nov. 3, saying St. Jude/ALSAC is committed to the city and that “significant” and “transformational” plans are on the way that would grow the hospital’s reach and uplift the Pinch District and Memphis Medical Center.

54. SEC Opens Door to Startup Investing For All -

WASHINGTON (AP) — A new form of crowdfunding is coming soon that will allow startups to raise money by selling stock to Main Street investors.

The Securities and Exchange Commission on Friday adopted rules implementing a 2012 law that opened the door to securities crowdfunding. The vote was 3-1 at a public meeting.

55. Office, Industrial Real Estate Enjoy Strong Third Quarter -

Memphis’ industrial and office sectors are seeing healthy activity, and some areas are experiencing record fundamentals.

At the Crescent Center building in East Memphis, prices per square foot have reached $30.50, a level that hasn’t been seen before in the Memphis market.

56. Bipartisan Brakes for Governor Haslam’s Privatization Push -

Plans to put Tennessee’s real estate and government operations in the hands of private business are much further along than Gov. Bill Haslam would like people to think.

A master of downplaying big issues, Haslam says he’s simply looking for ways to make government run more efficiently and save money.

57. State Systems Inc. Buys New HQ -

One of the Economic Development Growth Engine’s latest payment-in-lieu-of-taxes recipients is expanding its market footprint and real estate holdings with the recent purchase of seven Memphis properties.

58. What You Should Know About Renters Insurance -

Did you know that only 31 percent of renters in the United States have renters insurance? Those of us in the real estate industry consider that startlingly low. But why should you consider renters insurance?

59. US Home Values and Rents Defying Global Slowdown -

WASHINGTON (AP) — U.S. housing appears to be insulated so far from the cooling global economy.

Home values and rental prices are steadily rising, fueled by strong demand and a tight supply of available properties, a pair of reports Tuesday showed. The solid demand drove sales growth early this year and spurred additional construction.

60. Tanger Southaven Expected To Drive More DeSoto County Retail -

At its grand opening Nov. 20, Tanger Outlets Southaven mall will finally see light after years of development.

The project, which initially was developed by Memphis-based Poag Shopping Centers and shelved during the recession, was revived thanks to a relationship with national group Tanger Factory Outlet Centers Inc. and several public partnerships with DeSoto County and the state of Mississippi.

61. US Home Sales Rebound in September After August Slump -

WASHINGTON (AP) — Americans snapped up more homes in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil.

The National Association of Realtors said Thursday that sales of existing homes jumped 4.7 percent last month to a seasonally adjusted annual rate of 5.55 million. Buying activity rebounded after slipping in August, indicating that demand for housing continues despite a series of recent economic hits: stock market declines, falling factory orders, a slowdown in China, struggles in emerging nations such as Brazil and Turkey, and stagnation in Europe.

62. Billionaire Starts Super PAC to Push Corporate Tax Revamp -

WASHINGTON (AP) — Billionaire New York investor Carl Icahn said Wednesday he is creating a $150 million super PAC focused on revising corporate tax law.

Icahn will use his super PAC to press Congress to pass legislation that stops U.S. companies from moving their profits overseas to take advantage of lower tax rates — a practice known as "inversions."

63. Developer Long on Downtown Memphis, Short on Specifics -

Three Downtown properties are now owned by an Atlanta-based affiliate of an Australian real estate investment and development company, which is giving little in the way of clues about its Memphis plans.

64. Long-Awaited Artesian Opens on Riverside -

Despite being unfinished and empty for six years, the 16-story building at the corner of Riverside and Channel 3 drives has remained a landmark in the Downtown skyline.

And finally, the lights are coming on.

65. Belz Sells Champion Hills Office Building for $7.8M -

3725 Champion Hills Drive
Memphis, TN 38125
Sale Amount: $7.8 million

Sale Date: Oct. 8, 2015
Buyer: Champion Hills Realty Holdings LLC
Seller: Belz Investco GP
Loan Amount: $5.5 million
Loan Date: Oct. 5, 2015
Lender: C-III Commercial Mortgage LLC
Details: Belz Enterprises made another big real estate deal on the tail of its recent announcement to redevelop the corner of McLean Boulevard and Union Avenue into a mixed-use development.

66. Two Warehouses Acquired in Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

67. Two Warehouses Acquired In Major National Deal -

Denver-based Northstar Commercial Partners, a privately held commercial real estate investment company, purchased two warehouse storage facilities in south Memphis for $5.2 million, according to a special warranty deed signed Sept. 29.

68. First Tennessee Again Eyes Sale Of Downtown HQ Building -

One of Memphis’ tallest buildings could come under new ownership as First Tennessee Bank looks to sell its Downtown tower at 165 Madison Ave.

69. ROCO Real Estate Buys Third Memphis Apartment Community -

2778 Pickering Drive
Memphis, TN 38115

Sale Amount: $5.5 million

Sale Date: Sept. 18, 2015

70. 'Bring Trader Joe's to Memphis' Creator Thrilled by Announcement -

When Layla Rouse woke up Wednesday, Sept. 23, her phone was practically buzzing with texts and social media messages.

The creator of the Bring Trader Joe’s to Memphis Facebook page – a social media project Rouse started back in 2012 that’s attracted more than 10,000 fans – says she was in disbelief, at first. But there it was.

71. US Home Sales Slide in August After 3 Months of Solid Gains -

WASHINGTON (AP) — U.S. home sales slid in August by the most since January as tight supplies and rising prices discouraged potential buyers.

The National Association of Realtors said Monday that sales of existing homes fell 4.8 percent from the previous month to a seasonally adjusted annual rate of 5.31 million, the lowest level since April. That's down from 5.58 million in July, which was the highest in more than eight years.

72. Haslam Paying $612,000 Annually to 3 Outsourcing Consultants -

NASHVILLE, Tenn. (AP) — Three part-time outsourcing consultants stand to be paid $612,000 annually by the state even as Republican Gov. Bill Haslam insists that no decision has been made about privatization efforts.

73. Haslam: No 'Bias' Toward Outsourcing Building Management -

NASHVILLE, Tenn. (AP) — Republican Gov. Bill Haslam insisted last week that he has no "bias" toward privatizing state government activities.

Haslam told reporters Thursday, Sept. 17, that any decision is still months away on whether to proceed with outsourcing building management at the state's colleges and universities, prisons, armories or parks. Haslam said his aim is simply to find ways to save money, and that criticism of his administration exploring outsourcing is misplaced.

74. Developers Threaten to Pull Out of Mall of Memphis Site -

Developers of the former Mall of Memphis site were again delayed as the board of the Economic Development Growth Engine tabled a vote on a payment-in-lieu-of-taxes benefit for the speculative industrial site.

75. Andrew and Michael Are Coming to The Chisca -

Chefs Michael Hudman and Andrew Ticer are stepping out of Brookhaven Circle for the first time to expand their restaurant interests, with a new concept – their fourth – planned for Carlisle Corp.’s The Chisca on Main.

76. Mathes Takes Helm at Community Legal Center -

Longtime attorney Anne Mathes has been named executive director of the nonprofit Community Legal Center, which has been providing civil legal services to lower-income Memphians for more than 20 years. In addition to civil cases and divorces, the CLC collaborates with other agencies to serve victims of domestic violence and elder abuse. They also take some immigration cases.

77. US Consumer Borrowing Hits Fresh Record in July -

WASHINGTON (AP) — U.S. consumer borrowing climbed to a fresh record in July, the latest evidence that the U.S. economy is on track to grow at a healthy pace in the second half of this year.

78. The End of the Fed’s Up-Market Guarantee Program -

On Thursday, the European Central Bank committed to do even more of “whatever it takes,” driving European stocks up 2.5 percent. Conversely, after Friday’s strong U.S. job report, Fed tightening fears pushed American stocks down 1.5 percent.

79. US Services Firms Expand Rapidly, Lifted by Strong Sales -

WASHINGTON (AP) — U.S. services companies expanded at a healthy pace in August, lifted by robust consumer spending resulting from steady job gains.

The Institute for Supply Management said Thursday that its services index slipped to 59 from 60.3 in the previous month. July's reading was the highest since August 2005, and any reading over 50 indicates expansion.

80. Fed Report Finds Economy Growing at Moderate Pace in Summer -

WASHINGTON (AP) — While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.

81. Chisca Rising -

Sitting vacant for more than 20 years didn’t do any favors for the Chisca Hotel property along South Main Street. But this week marks a major milestone in the historic structure’s story as residents begin moving into the Plaza, the newer of The Chisca on Main’s two buildings.

82. Mallory Marks 90 Years With China Expansion -

Mallory Alexander International Logistics is preparing to expand and operate directly in China later this year with a highly coveted freight license from the Chinese government and the opening of the Mallory Asia Pacific division in Shanghai.

83. 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.

84. Affordable Homes in an Unaffordable Market -

The gold rush of residential development throughout Middle Tennessee conceals what some in the region say is a growing crisis in affordable housing.

New homes and condos come on to the market every day, and even more are under construction or still in the planning stage, but those homes are often on the higher end of the price scale.

85. Renshaw Rehabs Spiffs Up Houses To Fetch Bigger Price Tags -

With a recent market uptick, Memphis-area Realtors are having to bring in outside help to get properties ready for sale.

Renshaw Property Management has launched a new division, Renshaw Rehabs, for the purpose of aiding distressed properties.

86. Sales of Senior Living Facilities Up in 2015 -

Mirroring national trends that show an increase in interest by investors in senior living facilities, the number of nursing home/elderly housing facilities that have changed hands is on the rise in Shelby County.

87. Freelance, Remote Work Part of New Office Reality -

In its 2015 list of the top 100 companies to watch for remote jobs, FlexJobs looked at the job-posting histories of more than 30,000 companies last year. The report, released in January, revealed a 26 percent increase in the number of remote jobs posted, hinting that the option to work from home is becoming more widely accepted in the broader economy.

88. US Home Sales Soar in July to Fastest Pace Since 2007 -

WASHINGTON (AP) — Americans stepped up their home-buying for a third straight month in July, as sales accelerated to the strongest pace in eight years.

The National Association of Realtors said Thursday that sales of existing homes rose 2 percent last month to a seasonally adjusted annual rate of 5.59 million, the fastest rate since February 2007. Sales have jumped 9.6 percent over the past 12 months, while the number of listings has declined 4.7 percent.

89. Average US Rate on 30-Year Mortgage Eases to 3.93 Pct. -

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged lower this week, with the key 30-year loan rate remaining under 4 percent.

Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage ticked down to 3.93 percent from 3.94 percent a week earlier. A year ago, the average rate was 4.10 percent.

90. Lenoir: ‘Is It Time for a Tax Decrease?’ -

Shelby County Trustee David Lenoir says the $22 million extra in property tax revenue his office collected during the past fiscal year appears to be a trend of improving health in the local economy.

91. Home Depot Separates Itself From Retail Crowd in 2Q -

NEW YORK (AP) — Homes are getting a lot of TLC from their owners of late, which means better sales for businesses like Home Depot.

The world's largest home improvement retailer reported second-quarter results on Tuesday that surpassed Wall Street expectations, thanks largely to consumers opening their wallets. But Home Depot knows it's a change in mindset that is spurring homeowners to action.

92. More Millennials Stuck Renting for Years Before Buying Home -

WASHINGTON (AP) — Home ownership, that celebrated hallmark of the American dream, is increasingly on hold for younger Americans.

Short of cash, burdened by student debt and unsettled in their careers, young adults are biding time in apartments for longer periods and buying their first homes later in life.

93. Demo Day Brings Together Start Co., ZeroTo510 Entrepreneurs -

The entrepreneurial ecosystem was more abundant than ever at Demo Day 2015, where Start Co. and ZeroTo510 worked in conjunction for the first time to present graduates of their business accelerator programs to investors and community leaders.

94. Memphis, Shelby County Home Sales Blaze On in July -

The summer is coming to a close on a high note with home sales figures up across the board.

Sales volume and prices are up for July, and the market continues its climb to pre-recession levels.

95. US Consumer Borrowing Hits Another Record in June -

WASHINGTON (AP) – U.S. consumer borrowing hit another record in June, good news for the American economy.

Americans piled on another $20.7 billion in debt in June, bringing total consumer borrowing to a record $3.42 trillion, the Federal Reserve reported Friday.

96. Crosstown Concourse Taps Retail Leasing Agent -

Crosstown Concourse has added another member to its growing team: The Shopping Center Group LLC will be the exclusive retail leasing agent for the massive project.

97. Crosstown Concourse Taps Retail Leasing Agent -

Crosstown Concourse has added another member to its growing team: The Shopping Center Group LLC will be the exclusive retail leasing agent for the massive project.

98. West-Ward Pharmaceutical Plans Distribution Center Expansion -

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

99. West-Ward To Expand Local Distribution Center -

West-Ward Pharmaceuticals Corp. is expanding its Memphis distribution center.

Keystone Bank NA of Chicago filed a $6.1 million construction loan July 24 for the New Jersey-based company’s expansion at South Point distribution center.

100. Unlikely Path -

It all started on whim. Cassius Cash was on his way to band practice at the University of Arkansas when he decided to practice his interview skills instead.

“Someone informed me the (U.S.) Forest Service was doing recruitment, but I had no intention of going in there and landing the internship,” says Cash of that interview for a wildlife biologist internship. “I thought the interview was about as far as I was going to go to chase my dreams.”