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VOL. 131 | NO. 11 | Friday, January 15, 2016

Daily Digest

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Ioby Secures $33K Grant From Livable Memphis

The Memphis chapter of ioby, a national crowd-resourcing platform, has received a $33,000 grant through Livable Memphis to support neighborhood leaders and grassroots groups in activating public parks and green spaces.

Dubbed the “Green Up Memphis Match,” the effort aims to spur dozens of additional projects across the city.

“The Green Up Memphis Match offers funding beyond the official city park – vacant lots, median strips, and community gardens are also eligible,” said Ellen Roberds, Memphis action strategist for ioby, in a statement.

The ioby platform helps leaders nationwide design cost-effective solutions, raise funds and recruit volunteers from their friends and neighbors to implement their projects. Since its Memphis introduction in 2014, more than 150 Memphians have raised $422,000 through the platform, with most project budgets less than $3,000.

Livable Memphis is a program within the Community Development Council of Greater Memphis, a coalition of individuals and organizations who support the development and redevelopment of vibrant, economically sustainable neighborhoods. Livable Memphis specifically focuses on growth and development issues, and on increasing public participation in planning and development decisions.

The Green Up Memphis Match application is available on ioby.org/greenup through Feb. 8. Fundraising efforts will begin in March.

– Kate Simone

Memphis Chamber Names ‘10 to Watch’ in 2016

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

“These 10 businesses have helped drive our local economy and brought jobs and talent to Memphis, and we look forward to seeing what’s to come in 2016,” said chamber CEO Phil Trenary in a statement.

The 2016 honorees are:

• City Market, a local grocery and deli with locations in Cooper-Young (836 S. Cooper St.) and Downtown (66 S. Main St.).

• Gibson Cos., founded by Memphian J.W. Gibson in 1991 and comprising three companies: The Premier Group, Southeast Regional Development Corp. and Tec-Print

LEDIC Realty Co., a fully integrated manager, owner and developer of multifamily properties across the U.S.

• Memphis-Shelby County Airport Authority, the entity that presides over Memphis International Airport as well as the Charles W. Baker and General DeWitt Spain airports.

Orgill Inc., founded in 1847 and often cited as Memphis’ oldest business; the company provides wholesale distribution and retail services to the home improvement industry within the U.S. and in more than 60 countries.

• Premier Flowers, florist at 80 N. Tillman.

• Speak Creative, a full-service digital agency focused on things like website design and app development, with offices in Memphis and Nashville.

• Strayhorn Transportation Freight Management, transportation company.

• Think Inspired, a multicultural marketing and cross media services provider to businesses with a Memphis office at 1661 International Drive.

• West Cancer Center, regional leader in adult cancer care and research with more than a dozen affiliated locations in the area.

– Andy Meek & Kate Simone

Michael Delivers State of Juvenile Court Address

Memphis-Shelby County Juvenile Court Judge Dan Michael will give a state of the court speech Friday, Jan. 15, at 8:30 a.m.

The speech at the Urban Child Institute, 600 Jefferson Ave., is open to the public.

Michael’s address is believed to be the first such address in the 106-year history of the court.

The court’s work with the U.S. Justice Department in an agreement to improve due process procedures and eliminate disparities in sentences and motions to try juveniles as adults will be a major feature of the speech.

– Bill Dries

Annual Homeless Survey Planned for Jan. 27

Community Alliance for the Homeless is set to lead the annual Point-in-Time Count for Memphis and Shelby County on Jan. 27, starting at 4 a.m.

This annual count of unsheltered homeless persons on a single January night is required by the U.S. Department of Housing and Urban Development, and it’s a way the alliance measures efforts to reduce homelessness. The Salvation Army at 696 Jackson Ave. will serve as the command center for this year’s event.

Teams consisting of volunteers, service providers and formerly homeless individuals go out to various areas between dusk and dawn, when people who are homeless are either in sheltered or unsheltered locations for the night. In addition to answering questions on a brief survey, homeless people receive a care package with items to keep them warm and nourished. Donations of hand warmers and lip balm are still needed for this effort.

The mission of the nonprofit Community Alliance for the Homeless is to lead effective community practices to end homelessness in Memphis and Shelby County.

– Don Wade

Forest Hill Church Sells for $1.3 Million

A Germantown church has sold for $1.3 million, according to a Jan. 4 warranty deed.

Forest Hill Baptist Church of Germantown Inc. sold the 14.4-acre property at 3645 Forest Hill-Irene Road to Harvest Church of Memphis.

Harvest Church has been operating at the location for the past two years.

In conjunction with the sale, Harvest Church filed a one-year, $1.3 million mortgage with Metropolitan Bank.

– Madeline Faber

University Law School Hosts Public Interest Fair

The Career Services Office at the University of Memphis Cecil C. Humphreys School of Law will host the second annual Public Interest Fair on Feb. 17 from 11 a.m. to 1 p.m.

During the event, representatives from government and nonprofit agencies will share information with the law students about post-graduate public-sector possibilities and realities.

Law students have a variety of opportunities to work in the public interest field throughout their time in school with student organizations, alternative spring break, summer internships, pro bono work and an array of courses and clinics.

The fair is meant to show them how to transition those skills and ideals into real-world careers.

– Andy Meek

Gastro One Sells Five Shelby County Properties

A health care real estate investment trust has acquired five of Gastro One’s Shelby County property holdings in transactions totaling $15 million, according to deeds filed with the Shelby County Register’s Office.

Gastro One president Dr. Michael Dragutsky described the transactions as a shedding of responsibilities that come with property ownership so the practice can devote more resources and attention to medicine.

Bethesda, Md.-based Global Medical REIT Inc., working as GMR Memphis LLC, purchased four facilities in Germantown and one in Bartlett in separate Dec. 31 transactions.

The Shelby County property sales, sorted by price, include:

1310 Wolf Park Drive ($5.4 million): A 13,458-square-foot Class A medical office built in 2001 and housing the GI Diagnostic & Therapeutic Endoscopy Center. The Shelby County Assessor’s most recent appraisal is $2.3 million. Seller: G.I. Diagnostic and Therapeutic Center Rental Co. LLC

1324 Wolf Park Drive ($3.4 million): A 9,506-square-foot Class A medical office built in 2013; most recent appraisal is $2.2 million. Seller: Gastroenterology Center of the Midsouth Rental Co. LLC

3350 N. Germantown Parkway ($2.3 million): A 6,429-square-foot Class A medical office built in 2009; most recent appraisal is $827,100. Seller: Bartlett Medical Complex LLC.

2020 Exeter Road ($2.1 million): An 8,000-square-foot Class B office condominium built in 1984; most recent appraisal is $781,000. Seller: GICM Germantown LLC.

2999 Centre Oak Way ($1.8 million): A 4,200-square-foot Class A medical office built in 2011; most recent appraisal is $954,800. Seller: GICM Real Estate LLC.

– Andy Meek & Kate Simone

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Blog News, Training & Events
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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