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VOL. 119 | NO. 156 | Tuesday, August 30, 2005

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30 units in
Lexington Condominiums
Cost: $22.9 million

     Borrower:      Lexington Partners LLC

     Lender:      SunTrust Bank

     Trustee:      Southland Associates Inc.

     Property:      30 units in The Lexington Condominiums, along with all additional units of the future development phase.

5295-5305 Logistics Drive
Memphis, TN 38118
Cost: $13.4 million

     Borrower:      Prologis-Macquarie Tennessee II LLC

     Lender:      Teachers Insurance and Annuity Association of America

     Trustee:      T. Mark Lee

     Property:      Buildings 200 and 300 of Memphis Industrial Park at 5295 and 5305 Logistics Drive.

426 N. Front St.
Memphis, TN 38105
Cost: $5.1 million

     Borrower:      The Blue Group II LLC

     Lender:      Merchants & Farmers Bank

     Trustee:      L. Scott Pickle

     Property:      One lot at 426 N. Front St. This is a construction loan with a condominium rider attached.

2879 Farrisview Blvd.
Memphis, TN 38118
Cost: $4 million

     Buyer:      Moore Family Properties and Roy Enterprises LLC

     Seller:      Farrisview Industrial Park Inc., Gary C. Collins and Susan M. Collins

     Property:      Property at 2879 Farrisview Blvd. near Nonconnah Creek.

200 S. Collierville-Arlington Road
Collierville, TN 38017
Cost: $2.1 million

     Buyer:     Spring Creek Ranch Club LLC

     Seller:     SCR Golf House LLC

     Property:     Property located at 200 S. Collierville-Arlington Road near Raleigh LaGrange Road.

990 N. Germantown Parkway
Cordova, TN 38018
Cost: $2.3 million

     Buyer:      Kapree Germantown LLC

     Seller:      Gill Enterprises

     Property:      Property at 990 N. Germantown Parkway.

990 N. Germantown Parkway
Cordova, TN 38018
Cost: $1.9 million

     Borrower:      Kapree Germantown LLC

     Lender:      LaSalle Bank NA

     Trustee:      Philip G. Kamisky

     Property:      Property at 990 N. Germantown Parkway.

3918 Winchester Road
Memphis, TN 38118
Cost: $1.1 million

     Buyer:      The Charles Ross LLC

     Seller:      Tennessee Entertainment Concepts Inc.

     Property:      One lot at 3918 Winchester Road.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 83 363 9,932
MORTGAGES 91 378 11,692
FORECLOSURE NOTICES 14 53 1,687
BUILDING PERMITS 213 788 21,098
BANKRUPTCIES 50 213 6,650
BUSINESS LICENSES 40 125 3,564
UTILITY CONNECTIONS 30 139 4,122
MARRIAGE LICENSES 12 91 2,270

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