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Apartment Property in the Bluff City Auctioned for $3.6M, Half of its Market Value

Apartment Property in the Bluff City Auctioned for $3.6M, Half of its Market Value

Several apartment transactions ran through the Greater Memphis Area multifamily market recently, though none have topped the $43.6 million sale price ringed in by the 500-unit Riverset recently…

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Makowski Ringel Starts $24.6M Apartment Project in Traditional-Style Master-Planned Community

Makowski Ringel Starts $24.6M Apartment Project in Traditional-Style Master-Planned Community

Shilling Farms, the 443-acre Collierville master-planned development of Boyle Investment Co. is about to become one apartment complex richer…

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Apartment Property in Downtown Memphis Sold for $43.6M; East Memphis Marriott Picked Up for $4.2M

Apartment Property in Downtown Memphis Sold for $43.6M; East Memphis Marriott Picked Up for $4.2M

Riverset, a 500-unit apartment community on Memphis’ Mud Island has just sold in a rare deal for the downtown Memphis apartment market.…

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Alco Properties Accesses $4.7M Refinancing Loan for Apartment Property

Alco Properties Accesses $4.7M Refinancing Loan for Apartment Property

Leading operator of affordable housing, Alco properties Inc./Alco Management, Inc. has filed a $4.7 million loan on Greenbriar Apartments, refinancing a comparable 2010 loan…

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Memphis to Build Green Lanes; Student Hall Silver LEED Certified

Memphis to Build Green Lanes; Student Hall Silver LEED Certified

It has been a great week for Memphis green initiatives. One of the biggest news for those with environmentally friendly mindset, was Memphis Mayor AC Wharton’s announcing plans to implement a network of protected bike lanes in Memphis as part of the city’s commitment to the Green Lane Project.…

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IDI to to Add 650KSF to Distribution Center In Olive Branch, Miss.; Community College to Convert Kroger’s into Teaching Facilities

IDI to to Add 650KSF to Distribution Center In Olive Branch, Miss.; Community College to Convert Kroger’s into Teaching Facilities

Atlanta-based full-service industrial real estate company Industrial Developments International (IDI) has announced expansion plans for its Crossroads Distribution Center in Olive Branch, Miss.…

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Roxul Breaks Ground on $160M Manufacturing Facility

Roxul Breaks Ground on $160M Manufacturing Facility

Milton, Canada-headquartered Roxul, Inc. has officially broken ground on its first United States manufacturing facility.…

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$24M Chisca Hotel Redevelopment Has Official Groundbreaking

$24M Chisca Hotel Redevelopment Has Official Groundbreaking

The dilapidated Chisca hotel on busy South Main Street is officially in full redevelopment mode and has a strong new partner to boast as well.…

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Development Partners Plan 197-Unit Apartment Project for South Main Arts District

Development Partners Plan 197-Unit Apartment Project for South Main Arts District

Two heavyweights of the Memphis business world are looking to develop a new multifamily project in The Bluff City’s South Main submarket.…

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Community College Breaks Ground on 37KSF Facility; Hyatt Place Germantown Sold for $11M

Community College Breaks Ground on 37KSF Facility; Hyatt Place Germantown Sold for $11M

Northwest Mississippi Community College is keeping up with the Mid-South’s increase in manufacturing operations by the addition of a new Mechanical Technology Building, as part of the college’s Career-Technical facilities.…

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Compass Acquires 56K SF Storage Facility; Medical Office Building and Retail Centers Sold

Compass Acquires 56K SF Storage Facility; Medical Office Building and Retail Centers Sold

Amsdell Companies member Compass Self Storage LLC has purchased its sixth property in the Greater Memphis Area.…

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Panther Acquires Memphis Properties in $75M Portfolio Acquisition

Panther Acquires Memphis Properties in $75M Portfolio Acquisition

Panther Properties Investment, LLC, a Boston-based private equity multifamily investment firm has announced purchasing a three-property multifamily portfolio for $75 million…

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