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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.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 51 329 975
MORTGAGES 54 374 1,120
FORECLOSURE NOTICES 26 93 228
BUILDING PERMITS 177 767 2,425
BANKRUPTCIES 51 273 675
BUSINESS LICENSES 27 189 489
UTILITY CONNECTIONS 19 113 293
MARRIAGE LICENSES 10 59 140