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1. Raines Road Warehouse Sells for $2.3 Million
- Tuesday, August 14, 2012
4049 E. Raines Road
Memphis, TN 38118
Sale Amount: $2.3 million
Sale Date: Aug. 3, 2012
2. Winbranch Apartments Financed for $2.5 Million
- Monday, August 13, 2012
The owners of Winbranch Apartments at 3595 Millbranch Road have financed the property with a $2.5 million leasehold loan through Delta Community Credit Union.
3. Waterford Place Apartments Sells in Foreclosure for $18.2M
- Thursday, August 11, 2011
Waterford Place Apartments at 8037 Waterford Circle in Southeast Shelby County’s 38125 ZIP code has sold for $18.2 million in a substitute trustee’s sale following a foreclosure. The complex sold May 11 but wasn’t recorded by the Shelby County Register of Deeds until this week.
4. Greenbrier Gets Loan for Downtown Project
- Tuesday, October 12, 2010
436 S. Front St.
Memphis, TN 38103
Loan Amount: $2.1 million
Loan Date: Sept. 30, 2010
Maturity Date: n/a
Borrower: Greenbrier Partners LLC
Lender: Southern Bancorp Bank
5. Winbranch Apartments Sell for $2.4 Million
- Tuesday, September 21, 2010
3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million
Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC
6. Commercial Real Estate Pocked by Financial Ruins
- Monday, August 3, 2009
Commercial real estate deals used to be hammered out in boardrooms, but with the rise of foreclosures in that sector, many of them are now being negotiated at the courthouse.
The steps of the Shelby County Courthouse proved to be a hot spot for high-dollar, high-profile commercial deals in June, a month that saw the most lucrative transaction and two of the top three sales occur following foreclosures.