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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 110 405 5,939
MORTGAGES 141 492 7,092
FORECLOSURE NOTICES 0 85 1,115
BUILDING PERMITS 0 845 12,430
BANKRUPTCIES 39 255 4,343
BUSINESS LICENSES 49 184 2,363
UTILITY CONNECTIONS 0 138 2,518
MARRIAGE LICENSES 31 108 1,235

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