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1. Swinnea Warehouse Sold in Lieu of Foreclosure
- Tuesday, March 19, 2013
4550 Swinnea Road, Memphis, TN 38118
Sale Amount: $4.2 million
Sale Date: March 7, 2013
Buyer: JPMCC 2007-LDP10 – 4550 SWINNEA RD LLC
Seller: Industrial Memphis International Owner LLC
Details: The Memphis International Distribution Center at 4550 Swinnea Road in Oakhaven has sold for $4.2 million in lieu of foreclosure.
2. Macon Cove Hotel Sells for $1.9 Million
- Wednesday, March 13, 2013
The 129-room hotel at 6068 Macon Cove near Sycamore View Road and Interstate 40 has sold for $1.9 million.
3. Despite Slight Uptick, March Numbers Show Struggling Market
- Tuesday, April 20, 2010
Shelby County’s commercial real estate market is doing what it can to hold steady amid a crumbled economy.
March saw 53 CRE sales, a 4 percent increase from 51 sales in March 2009 and 61 percent increase from 33 in February, according to the latest information from real estate information company Chandler Reports, www.chandlerreports.com.
4. Finish Line in Sight for Renovation Of Memphis Business Academy
- Tuesday, March 16, 2010
3306 Overton Crossing
Memphis, TN 38127
Loan Amount: $1.9 Million
Loan Date: Feb. 23, 2010
Maturity Date: Feb. 23, 2013
Borrower: Memphis Business Academy
Lender: Regions Bank
5. Macon Cove La Quinta Sells for $1.8 Million
- Thursday, March 11, 2010
A&P Hotel Funding LLC has sold the La Quinta Inns & Suites at 6068 Macon Cove for $1.8 million to Harsha Patel. The sale closed March 4.
6. ‘Hoops of Fire’ Squelch Commercial Real Estate Activity
- Wednesday, September 23, 2009
The economy hasn’t extinguished commercial real estate deals, but it certainly has changed the way they get done.
Shane McElveen learned about the tedious process of property acquisition when he looked into buying the High Point Funeral Chapel at 3788 Summer Ave. in the Berclair area. McElveen, who had worked at the chapel as senior vice president, was trying to buy the business from owner G. David Keller.
7. Troubled Frayser Apartment Complexes Land New Owner
- Tuesday, August 18, 2009
3081 St. Charles Drive
and 931 Frayser Blvd.
Memphis, TN 38127
Sale Amount: $2.2 Million
Sale Date: July 22, 2009
Buyer: Group 40 LLC
Seller: Whitney Frayser Manor Memphis LLC
Loan Amount: $1.5 million
Loan Date: July 21, 2009
Maturity Date: July 1, 2012
Lender: Madison Realty Capital LP
8. Quality Inn Sells On Courthouse Steps
- Wednesday, August 12, 2009
The Quality Inn motel at 6068 Macon Cove near Bartlett sold July 31 for $1.4 million in a substitute trustee’s deed. Multiple bidders attempted to buy the 129-room hotel, but A&P Hotel Funding LLC, a local entity related to a Dallas-based company, made the winning offer on the steps of the Shelby County Courthouse.
9. Quality Inn Owner Faces Foreclosure
- Monday, April 6, 2009
A foreclosure notice for property owned by Lalji Hotels LLC has been filed and appears on Page 33 of today’s paper. The property at 6068 Macon Cove is currently a Quality Inn. The original loan, taken out in 2003, was for $1.8 million and the lender was General Electric Capital Corp.
10. Archived Article: Real Recap
- Tuesday, August 31, 2004
University Tower Condos Sold for $3
University Tower Condos Sell for $3.7 Million
1387 Central Ave.
Memphis, TN 38104
Cost: $3.7 million
Buyer: Cameron LC
Seller: Larry V. Durham and wife, Merrel H. Durham
Property: 149 units in...
11. Archived Article: Real Recap
- Tuesday, January 20, 2004
SM Properties Finances Future Schnucks Location
SM Properties Finances Future Schnucks Location 12.8 acres near
Cost: $6.9 million
Borrower: SM Properties Collierville LLC
Lender: Desco Financial LLC
12. Archived Article: Real Recap
- Tuesday, December 30, 2003
Loeb Properties Refinances Erin Way Shopping Center
Loeb Refinances Erin Way Shopping Center 4840-4872 Poplar Ave.
and 599-553 Erin Drive
Cost: $4.9 million
Borrower: Erin Way Partners LP
Lender: Farm Bureau Life Insurance Co.
13. Archived Article: Graph
- Friday, May 1, 1998
Etheridge Howard C Etheridge Howard C Denley Rentals 800,000.00 6200 Berry Hill Cv (null) Goodwin Thomas N Etux Kirshna, Hotels L 600,000.00 6068 Macon Rd (null) Anderson-Tully Co Owens, Tenn P 350,000.00 1178 N 2Nd St (null) Tenn Bapt Children_S Ho...
14. Archived Article: Calendar
- Monday, September 29, 1997
Sept Sept. 30 Business Network International, Wolf River chapter, will meet from 7 a.m. to 8:30 a.m. at Perkins Family Restaurant, 1340 S. Germantown Road. For more information, call 324-0041. Business Network International, Ole Germantown chapter, ...