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VOL. 119 | NO. 122 | Tuesday, July 12, 2005

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9314 Poplar Pike
Germantown, TN 38138
Cost: $5 million

     Buyer:      Summit Hotel Properties LLC
     Seller:      ER Johnson Road Hotel Investors LLC
     Property:      Residence Inn by Marriott at 9314 Poplar Pike.

3076 Kirby Parkway
Memphis, TN 38115
Cost: $4.9 million

     Buyer:      Summit Hotel Properties LLC
     Seller:      ER Lenox Hotel LLC
     Property:      Courtyard by Marriott at 3076 Kirby Parkway.

3076 Kirby Parkway
Memphis, TN 38115
Cost: $4.9 million

     Borrower:      Summit Hotel Properties LLC
     Lender:      First National Bank of Omaha
     Trustee:      Midsouth Title Corp.
     Property:      Courtyard by Marriott at 3076 Kirby Parkway.

9320 Poplar Ave.
Germantown, TN 38138
Cost: $2.8 million

     Buyer:      Summit Hotel Properties LLC
     Seller:      ER Johnson Road Hotel Investors LLC
     Property:      Fairfield Inn by Marriott at 9320 Poplar Ave.

9320 Poplar Ave.
Germantown, TN 38138
Cost: $3.6 million

     Borrower:      Summit Hotel Properties LLC
     Lender:      First National Bank of Omaha
     Trustee:      Midsouth Title Corp.
     Property:      Fairfield Inn by Marriott at 9320 Poplar Ave.

12.06 acres near
Kate Bond Road
Cost: $11.3 million

     Borrower:      Crescent at Wolfchase Apartments LLC
     Lender:      Union Planters Bank NA
     Trustee:      Philip G. Kaminsky
     Property:      12.06 acres near Kate Bond Road and the first addition to Deerfield South Subdivision.

260.66 acres near
Mt. Pleasant Road
Cost: $2.6 million

     Buyer:      Whitten Bend Investors LP
     Seller:      MacDuff Family Farm LLC (parcel 1) and the estate of James M. Glenn III (parcel 2)
     Property:      Two parcels totaling 261.66 acres partially located in Fayette and Shelby counties near Mt. Pleasant Road.

260.66 acres near
Mt. Pleasant Road
Cost: $3.3 million

     Borrower:      Whitten Bend Investors LP
     Lender:      Community Bank NA
     Trustee:      Lancelot L. Minor III
     Property:      Two parcels totaling 261.66 acres partially located in Fayette and Shelby counties near Mt. Pleasant Road.

5665 Quince Road
Memphis, TN 38119
Cost: $1.4 million

     Buyer:      Paik Enterprises Inc.
     Seller:      Al Jafari Enterprises Inc.
     Property:      Property at 5665 Quince Road near Yorkshire Drive.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 79 396 11,921
MORTGAGES 90 443 13,870
FORECLOSURE NOTICES 10 70 1,928
BUILDING PERMITS 191 975 25,139
BANKRUPTCIES 56 289 7,762
BUSINESS LICENSES 23 184 4,083
UTILITY CONNECTIONS 22 166 4,847
MARRIAGE LICENSES 16 81 2,625

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