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VOL. 130 | NO. 61 | Monday, March 30, 2015

Daily Digest

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Lakeland Super 8 Motel Sells for $1.7 Million

The Super 8 motel in Lakeland has been purchased for $1.7 million.

Vidhi Harsh LLC acquired the 77-room Super 8 at 9779 Huff N Puff Lane in Lakeland from Sairam Nivas LLC, according to a March 24 warranty deed. The purchase price breaks down to roughly $22,000 per room.

Built in 1990, the 34,068-square-foot motel is located just off Canada Road near Interstate 40 in Lakeland. The Shelby County Assessor of Property’s 2014 appraisal is $1.3 million.

Source: The Daily News Online & Chandler Reports

– Amos Maki

Silicone Arts Closes on $1.5 Million Funding Round

Memphis-based Silicone Arts Laboratories has closed on $1.5 million for its Series A funding round.

The round was led by GPG Ventures, a venture capital firm with a consumer health focus out of Dallas, with Memphis-based Innova following as the largest investor.

Silicone Arts Laboratories manufactures Dermaflage, a cosmetic synthetic skin that was launched in 2011. It’s a topical filler used to conceal scars and wrinkles. The company will use the funding to grow its direct-to-consumer site, www.dermaflage.com, with the use of videos from customers.

Resources will also be used to grow medical sales channels with a new synthetic skin product the company says will redefine expectations for Band-Aids.

– Andy Meek

Lee Harris, Brian Kelsey Spend Lunch Hour in Twitter Debate

State Senators Brian Kelsey and Lee Harris spent their lunch hour Friday, March 27, debating Insure Tennessee, school vouchers and gun rights in a Twitter debate between the two Shelby County legislators – Kelsey a Republican and Harris a Democrat.

Harris began by asking Kelsey, a vocal critic of the Medicaid expansion proposal, what he liked about Insure Tennessee.

“I liked the provisions about co-pays and premiums to reign in the costs,” Kelsey responded. “But unenforceable for most.”

“Only unenforceable in the sense that you can’t force poor people 2 pay up if they don’t have money,” Harris replied.

Harris told Kelsey he is not likely to support the school voucher or “opportunity scholarship” bill Kelsey is backing.

“Don’t you think your party has focused too much on what’s best for the adults rather than what’s best for the children?” Kelsey asked.

Harris conceded Democrats, who hold only five of the 33 state Senate seats, have not taken a “leadership role” on education.

But Harris said if there are school vouchers, conventional public school systems should get “some sort of minimally guaranteed funding.”

Kelsey and Harris were more pointed on the topic of gun rights and gun regulations.

“If there was no 2nd amendment, would it be good public policy to let non law enforcement folks walk around cities with guns?” Harris began.

“I’m sure you’d like for there to be no constitutional protection, wouldn’t you?” Kelsey responded.

“You guys on that side really put police at a real disadvantage. If everyone has a gun, police can’t tell friend from foe,” Harris replied.

Both support legislation to track the use of deadly force by police departments across the state.

Harris getting the last word on the topic by tweeting Kelsey, “It’s a good idea, for once.”

– Bill Dries

Girls Inc. Searching for Luncheon Sponsors

Girls Inc. of Memphis has scheduled its annual celebration luncheon and is looking for sponsors to partner with on the event.

The 27th annual Celebration Luncheon will be June 17 from 11:30 a.m. to 1 p.m.

Winners of the 2015 Strong, Smart and Bold awards are still being decided. Last year’s winners were: Terri Clarke and DJ Watson, coordinators of Women Run Walk Memphis; Meri Armour, president and CEO of Le Bonheur Children’s Hospital; and Leigh Anne Tuohy, founder of the Making it Happen Foundation and inspiration for “The Blind Side” book and movie.

“The women we honor each year are role models who will inspire our girls to stand on their own two feet and fight for a positive future,” says Lisa Moore, Girls Inc. Memphis president and CEO.

The luncheon will be catered by Gus’s Fried Chicken. To find out more information about sponsorship opportunities, contact Emily Sharpe at (901) 870-8877 or esharpe@girlsincmemphis.org.

Since 1947, Girls Inc. of Memphis has provided girls ages 6-18 with quality programming that equips them for successful adulthood. Its mission is to inspire all girls to be strong, smart and bold.

– The Daily News staff

Orpheum Retains Search Firm to Find Halloran’s Successor

The Orpheum Theatre has hired an executive search firm to assist in its search for a leader.

President and CEO Pat Halloran, who has guided the Orpheum for 35 years, is retiring this year. The Memphis Development Foundation, which operates the 2,400-seat theater, has retained executive search firm DHR International to help in the process of finding Halloran’s replacement.

“Mr. Halloran will be a tough act to follow,” said Andy Taylor, board chair of MDF, in a statement. “The search committee engaged in a thorough process to vet national executive search firms with experience in the field of theater and the performing arts. DHR International, headquartered in Chicago, was selected to conduct the search under the guidance of its global nonprofit leader, James Abruzzo.”

The Orpheum is working to complete construction and fundraising for the Orpheum Centre for Performing Arts & Education, a new structure adjacent to the property that will feature a 350-seat state of the art theater, catering spaces, a rehearsal hall, board room and multiple classrooms.

Abruzzo said the new education center widens and magnifies the breadth of experience needed in the Orpheum’s new leader.

“We will be seeking someone who is a performing arts leader, who has the management skills to run the business, who has the Broadway producer’s flair and imagination, and someone with the determination and skill to be a tireless fundraiser,” he said in the statement.

– The Daily News staff

AAC Names University of Memphis Freshman Women’s Golfer of the Week

University of Memphis freshman women’s golfer Emily Goldstein was selected American Athletic Conference Women’s Golfer of the Week after her second-place finish at the Bearcat Spring Classic last weekend.

She posted a three-round score of 220, one stroke off her career best. It was Goldstein’s second career top-five finish and her fourth top-10 finish in just eight collegiate events.

Memphis won the Bearcat Classic for their third tournament title this season. Memphis next competes in the Ole Miss Intercollegiate April 3-5 before the AAC Championships are held April 19-21 in Hammock Beach, Fla.

– Don Wade

Memphis Brewfest on Tap for April 18 at AutoZone Park

Want to sample fine American craft beer as well as beers from around the world and raise money for a good cause? That’s what’s happening at the Sixth Annual Memphis Brewfest on Saturday, April 18, at AutoZone Park.

The event runs from 4 p.m. to 7:30 p.m. and all net proceeds benefit Parent Project Muscular Dystrophy. General admission tickets in advance are $42; after April 11 tickets are $45. VIP tickets are $75. A valid ID will be required at Memphis Brewfest.

Tickets can be purchased in advance at www.memphisbrewfest.com. Call 901-721-6000 for more information. Memphis Brewfest is a rain or shine event.

– Don Wade

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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