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VOL. 121 | NO. 156 | Tuesday, August 8, 2006

Daily Digest

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Hickory Hill, Sycamore View Apartments Sell for $14.9 Million

     Hickory Meadow Apartments and Silver Creek Apartments recently were purchased for a combined $14.9 million.
     PCCP JSP Hickory Meadows Apartments LLC bought the 208-unit Hickory Meadow at 2940 Hickory Hill Road for $8.7 million, while PCCP JSP Silver Creek Apartments LLC bought the 152-unit Silver Creek at 5760 Silver Creek Drive near Sycamore View Road for $6.2 million. An $8 million mortgage for Hickory Meadow and a $6.1 million mortgage for Silver Creek were filed through Deutsche Bank Berkshire Mortgage Inc.
     Rehabilitation notes filed with each mortgage listed renovation work to be completed before Aug. 1, 2007, including roofing, repaving asphalt, siding, landscaping and work on each complex's clubhouse and pool.

UTHSC Prof Awarded Grant To Study Diabetes/Race Link

     Dr. Samuel Dagogo-Jack, professor of medicine at the University of Tennessee Health Science Center (UTHSC) College of Medicine, has been awarded a $2.9 million grant by the National Institutes of Health to study ethnic and racial differences in diabetes, occurrence and risk factors. The five-year study intends to answer the factors that cause certain people to develop diabetes and others, with the same background, to remain healthy.
     Dagogo-Jack, program director for the UTHSC Division of Endocrinology, Diabetes and Metabolism, and associate director of the General Clinical Research Center, will compare two groups of black patients and two groups of white patients, all of whom have one or both parents with diabetes. Some ethnic groups, including blacks, Hispanics, Asian-Americans and Native Americans, are more likely than Caucasian patients to develop diabetes, according to a UTHSC statement.

Food Bank Reaps Rewards Of Master Gardeners' Harvest

     The Memphis Area Master Gardeners (MAMG) group is gearing up to share its harvest with the Memphis Food Bank Monday at Shelby Farms' Community Gardens.
     This is the second year the Master Gardeners have grown vegetables as part of the "Plant a Row for the Hungry" program.
     Last year, MAMG donated 2,100 pounds of vegetables to the food bank. The group already has exceeded last year's donation and hopes to harvest more than 4,000 pounds this summer, according to a statement.
     Volunteers in the nonprofit MAMG go through an extensive gardening education program and help the Shelby County Extension Office answer gardening questions for the public. The group also volunteers in various community garden projects around the county.

InMotion Presents Lecture On Musculoskeletal Tissue

     The Memphis-based InMotion Musculoskeletal Institute has announced the speaker for its fourth quarterly lecture.
     Dr. Rocky S. Tuan, chief of the Cartilage Biology and Orthopedics branch of the National Institute of Arthritis and Musculoskeletal and Skin Diseases will speak at the FedEx Institute of Technology on the University of Memphis campus Sept. 11 at 6 p.m. FIT is at 365 Innovation Drive on the U of M campus, near Central and Patterson avenues.
     A social hour will begin at 5 p.m., followed by the lecture "Application of Nanofibrous Scaffold for Skeletal Tissue Engineering." Tuan's research focuses on the development of musculoskeletal joint tissues such as cartilage that cover the ends of bones.
     For reservations, contact Gretchan Mischler, executive assistant to president & executive director Dick Tarr at 901-759-3285 or at gmishler@campbell-foundation.org.
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 280 1,209
MORTGAGES 55 244 916
FORECLOSURE NOTICES 8 52 151
BUILDING PERMITS 158 699 2,751
BANKRUPTCIES 37 157 618
BUSINESS LICENSES 12 77 276
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0