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Beale Street Landing Project Brings the American Queen to Memphis

Beale Street Landing Project Brings the American Queen to Memphis

By Amalia Otet, Associate Editor The Riverfront Development Corp., a non-profit organization committed to reshaping the Memphis riverfront and turning it into an outdoor recreational venue, is making efforts to keep the Beale Street Landing project on track. With financing coming from [...]…

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Methodist to Break Ground on Olive Branch Hospital; International Paper to Buy Rival in $4.3B Deal

Methodist to Break Ground on Olive Branch Hospital; International Paper to Buy Rival in $4.3B Deal

By Amalia Otet, Associate Editor With seven hospitals, several home health agencies and outpatient clinics to serve the Mid-South, Methodist Le Bonheur Healthcare is set on further expansion. Its latest plans include the opening of a new hospital in Olive Branch [...]…

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Kroger, Radians to Add New Jobs in Memphis

Kroger, Radians to Add New Jobs in Memphis

By Amalia Otet, Associate Editor Radians, a Bartlett-based supplier of personal protective equipment, recently announced plans to expand its business by acquiring a 92,000-square-foot facility in Memphis that would help consolidate all its functions, including warehousing and distribution. The project calls [...]…

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The Pyramid to Receive Over $200M in Renovations

The Pyramid to Receive Over $200M in Renovations

By Amalia Otet, Associate Editor The Pyramid is now one step closer to revitalization, as the Center City Revenue Finance Corp. recently approved the bond financing that would help kick off the much-awaited project on October 1. The City of Memphis plans [...]…

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Waterford Place Apartments, Memphis Airport Hotel & Conference Center Bought Out of Foreclosure

Waterford Place Apartments, Memphis Airport Hotel & Conference Center Bought Out of Foreclosure

By Amalia Otet, Associate Editor The Memphis housing market shows signs of a recovery as home sales improve month after month. Yet foreclosures still bring about the best investment opportunities, especially in the multifamily sector as the general economic trend continues [...]…

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Outlet Mall Planned for Southaven; Mayfield Properties Invests $35.8M in Memphis Depot Business Park

Outlet Mall Planned for Southaven; Mayfield Properties Invests $35.8M in Memphis Depot Business Park

By Amalia Otet, Associate Editor Much like the general trend recorded in Memphis commercial real estate recently, the Southaven retail submarket seems to be rather stable. One of the latest investors that acknowledged the great potential of the area is Poag [...]…

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Renovations Underway at Cedar Hotel, Holiday Inn Select Memphis East and One Commerce Square

Renovations Underway at Cedar Hotel, Holiday Inn Select Memphis East and One Commerce Square

By Amalia Otet, Associate Editor The real estate industry in Memphis is undergoing a facelift these days, as it sees the renovation of several of its most illustrative pieces. The Cedar Hotel, located on East Brooks Road in Whitehaven, just 1.7 miles [...]…

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Villas at Cordova in Memphis Sold for $14.2 Million; Gardenwood Apartments Refinanced

Villas at Cordova in Memphis Sold for $14.2 Million; Gardenwood Apartments Refinanced

By Amalia Otet, Associate Editor Cordova continues to emerge as a premium Memphis submarket, bringing forward optimum investment opportunities in the multi-housing sector. LNR Property LLC, a market leader in commercial properties development headquartered in Miami Beach, Florida has recently acquired through [...]…

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Memphis Housing Authority Opens Lyons Ridge Apartments; Legends at Wolfchase Sell for $27.8M

Memphis Housing Authority Opens Lyons Ridge Apartments; Legends at Wolfchase Sell for $27.8M

By Amalia Otet, Associate Editor The City of Memphis and the Memphis Housing Authority (MHA), assisted by The Memphis Land Bank, joined forces a few years back in an effort to rejuvenate long-dormant communities throughout the city. Their latest success was [...]…

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French Village Apartments and Trinity Place Get New Owners

French Village Apartments and Trinity Place Get New Owners

By Amalia Otet, Associate Editor While there is still a long way to recovery, Memphis real estate seems to be on the right track. The housing industry is finally going through some favorable times right now, considering the growing number of [...]…

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Carter-Haston, Crews Realty Invest in Memphis’ Strongest Submarkets

Carter-Haston, Crews Realty Invest in Memphis’ Strongest Submarkets

By Amalia Otet, Associate Editor Two of the strongest submarkets in Memphis nowadays, Germantown and Collierville, have recently registered important residential and commercial transactions, picking up the pace toward the real estate industry’s recovery. The Preserve at Forest Creek Apartments, a 414-unit [...]…

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Fogelman, MAA Getting Ahead in Memphis Real Estate

Fogelman, MAA Getting Ahead in Memphis Real Estate

By Amalia Otet, Associate Editor The current economic trend seems to favor leasing rather than buying, at least on the consumer residential market, thus providing excellent opportunities to investors who are looking for great deals in the multi-housing industry. Memphis-based Fogelman Management [...]…

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