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Editorial Results (free)

1. Salem Manor Apartments Facing Foreclosure -

A fairgrounds-area housing complex affiliated with a Memphis megachurch could be sold at auction after falling into foreclosure.

Salem Manor, a 101-unit low-income apartment complex at 2270 South Parkway E. and 2216-2262 South Parkway E. across from New Salem Baptist Church of Memphis, fell into foreclosure when Salem Manor L.P. defaulted on a $2.4 million leasehold deed of trust, according to a first-run foreclosure notice in the Tuesday, March 13, edition of The Daily News. The loan, originally taken out through First Tennessee Bank in 1997, is currently held by Greystone Servicing Corp. Inc.

2. Poplar Place Apartments Sell for $15.3 Million -

1669 Randolph Place
Memphis, TN 38120

Sale Amount: $15.3 million

Sale Date: May 6

Buyer: Poplar Place TN Townhomes LLC

3. Archived Article -

2270 Germantown Parkway
Cordova, TN 38016
Cost: $5.3 million

Borrower: Tirupati LP

Lender: General Electric Capital Corp.

4. Wingate Inn Financedfor $5.3 Million - Tirupati Inc. has filed a $5.3 million mortgage for Wingate Inn at 2270 N. Germantown Parkway through General Electric Capital Corp. The 101-room hotel is on 2.13 acres on the east side of Germantown Parkway south of Rockcreek Parkway.Tirupati purcha