Brunswick Forest Subdivision Planned in Bartlett

34.99 acres near

Brunswick Road

Cost: $3.2 million

Borrower: Brunswick Forest Partnership

Lender: 1st Trust Bank for Savings

Trustee: Paul F.T. Edwards

Property: 34.99 acres on three parcels near Brunswick Road.

The property was purchased by Patton, Taylor & Ryan, a land development company whose principals are Clyde Patton, Bruce Taylor and Paul Ryan.

According to Ryan, the land is slated to become Brunswick Farms Subdivision, which will be located near Wolfchase Galleria Mall.

Ryan said the property will be divided into 76 lots with an 11-acre greenbelt running through the middle of the property. The lots are relatively small and will be developed as zero lot line properties.

We see it for empty-nesters, he said. Nice houses on small lots is what were envisioning out there.

Homes in the subdivision will be valued at $250,000 and up. Ryan said construction is slated to start later this month, with a completion date set for late 2005 or early 2006.

4540 Pleasant Hill Road and

4600 Pleasant Hill Road

Cost: $10 million

Borrower: AR Memphis LLC

Lender: InTrust Bank

Trustee: First American Title Insurance Co.

Property: Property at 4540 and 4600 Pleasant Hill Road in Southpark Industrial Subdivision.

4540 Pleasant Hill Road and

4600 Pleasant Hill Road

Cost: $7.5 million

Buyer: AR Memphis LLC

Seller: New York Life Insurance Co.

Property: Property at 4540 and 4600 Pleasant Hill Road in Southpark Industrial Subdivision.

72.3 acres near

Berryhill Road

Cost: $8.4 million

Borrower: Fountain Brook LLC

Lender: Enterprise National Bank

Trustee: Lancelot L. Minor III

Property: 72.3 acres near Berryhill Road and Grove Road.

72.3 acres near

Berryhill Road

Cost: $2.3 million

Buyer: Fountain Brook LLC

Seller: Julia Wood Hussey, Ruth D. Wood and Malcolm Wood, individually and as trustees of the Malcolm Wood and Mary Wood Trust

Property: 72.3 acres near Berryhill Road and Grove Road.

Property near

Poplar Avenue

Cost: $4.5 million

Borrower: Memphis Jewish Housing Development Corp.

Lender: CWCapital LLC

Trustee: Lawyers Title Insurance Co.

Property: Property on Poplar Avenue near the Memphis Jewish Community Center.

2225 Union Ave.

Memphis, TN 38107

Cost: $1.7 million

Buyer: CKC Development Co.

Seller: Clear Channel Real Estate LLC

Property: 1.15 acres at 2225 Union Ave.

Five acres in

Bartlett Corporate Park

Cost: $1.5 million

Borrower: Terry W. Brimhall, Rebecca B. Brimhall and Brimhall Foods Co. Inc.

Lender: First Tennessee Bank NA

Trustee: Thomas F. Baker IV

Property: Five acres near A.E. Beaty Drive.

5150 Tulane

Memphis, TN 38109

Cost: $1.3 million

Buyer: Fairway Apartments Utah LLC

Seller: Samuel H. Epstein, trustee of the 1987 William Epstein Irrevocable Trust Agreement, and Barbara Epstein and Samuel H. Epstein, co-trustees of the marital trust u/w/o William B. Epstein, deceased, and Samuel H. Epstein, individually

Property: Fairway Apartments at 5150 Tulane.