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Monday February 13, 2012

Tennessee Real Estate Market News

Tennessee Real Estate Agents | Tennessee Homes for Sale | Tennessee Housing Resources | Tennessee Real Estate News
02/10/2012 - Harvest man pleads guilty to scheme that preyed on Hazel Green church members
  • Story's plan also involved claims that a Tennessee real estate agent would be willing to buy the properties -- at a profit for investors -- 90 days later. Callahan said Story told would-be investors that real estate agents in Tennessee could not immediately bid on property like the general public, which isn't true.

  • 02/06/2012 - Ex-governor, other leaders had ties to failed East TN bank
  • A former Tennessee governor and the state's current comptroller are among public figures with ties to an East Tennessee bank whose closure by regulators was one of the state's first bank failures in nearly a decade. Former Gov.

  • 02/05/2012 - Salvaged: Broker's work with distressed sellers, buyers applauded
  • Before he sold commercial property, NAI Knoxville broker Brian Tapp was a legislative aide for two members of Congress. Tapp was recently picked by the East Tennessee chapter of commercial real estate organization CCIM as its Broker of the Year, but the skills he picked up inside the Beltway helped pave the way for his success in business.

  • 01/28/2012 - Saturday, January 28, 2012
  • The Associated Press The Associated Press Regulators closed Tennessee Commerce Bank in Franklin and BankEast in Knoxville on Friday, the state's first bank closures in a decade. Both were purchased immediately and will be open for business on Monday. The Tennessean reports that Republic Bancorp Inc. of Louisville, Ky., will take over $900 million to $1 billion of the deposits at Tennessee ...

  • 01/13/2012 - Jules Wade Receives Education Award
  • The Tennessee Real Estate Commission has presented former Memphis Area Association of Realtors Executive Vice President Jules Wade with the Tune Award...

  • 01/13/2012 - The Tennessean partners with NowPlayingNashville.com
  • NASHVILLE, Tenn. - The Community Foundation of Middle Tennessee's online initiative NowPlayingNashville.com and The Tennessean today launched a collaboration to broaden the reach of arts and entertainment organizations and venues in Middle Tennessee.

  • 01/06/2012 - UC Funding Provides $16.8 Million of Capital for Chicago Portfolio
  • UC Funding recently closed a $16.8 million investment on a portfolio of properties located in Chicago, IL and Tennessee. The transaction was underwritten and closed in under 30 days.

  • 01/06/2012 - Home building begins to rise in parts of Middle Tennessee
  • Home construction is beginning to grow in parts of Middle Tennessee, with the best improvement in Williamson County. DATABASES: Building permits | New homes

  • 12/26/2011 - Skyline orphan: Once the towering jewel of Downtown Memphis, rehabbing of Sterick Building poses tall order
  • Once the Queen of Memphis, the Sterick Building reigned as Tennessee's tallest structure, only to fall vacant and unwanted 25 years ago.

  • 12/26/2011 - Apartment sites lure investors
  • Amid a rush of new apartment construction to capture renters who won’t buy homes in Middle Tennessee, another niche is booming as real estate investors bet on existing multi-family properties.

  • 12/19/2011 - Former chairman of Knoxville milk company Weigel's dead at 94
  • Lynn Weigel, who helped transform his family's farm into a popular chain of East Tennessee convenience stores, died Sunday at 94.

  • 12/09/2011 - E. coli, mold close Tennessee St. bars
  • By Paul de Revere Democrat staff writer -- It's unclear when four bars on the West Tennessee Street strip will reopen following their closure last week because of leaking water containing E. coli, black mold and other harmful agents.

  • 12/08/2011 - Shawn Bryson's long road to graduation
  • For the past 15 Tuesdays, former Tennessee fullback Shawn Bryson would wake up at 3:30 a.m. in his Atlanta home and be on UT's campus by 8 a.m. Five classes and 12 hours later, the 35-year-old Bryson would check into a local hotel.

  • 12/08/2011 - Dollar General, Community Health among firms that underpay corporate tax, study says
  • The Nashville-area companies and four others in Tennessee were among 265 Fortune 500 companies cited in a study by the Institute on Taxation and Economic Policy and Citizens for Tax Justice.

  • 12/02/2011 - Woman claiming to be Elvis Presley's real daughter sues for $130M
  • MEMPHIS, Tennessee -- A Swedish woman claiming to be Elvis Presley's long-lost daughter has filed a $130 million lawsuit against his estate and relatives for defamation and emotional distress.

  • 11/30/2011 - 'Real Daughter' Sues Elvis Presley's Estate For $130 Million
  • A Swedish woman claiming to be Elvis Presley's real daughter has sued the King of Rock and Roll's estate in a Tennessee federal court, claiming more than $130 million in damages.

  • 11/28/2011 - TN: Nashville Home Sales Up As Prices Fall
  • More homes in Middle Tennessee are selling as prices fall. Sales have been up four consecutive months. But, during that time, median home prices have fallen almost 10 percent.

  • 11/22/2011 - Dane Bradshaw named president of Thunder Enterprises
  • Former University of Tennessee basketball player Dane Bradshaw has been named the president of Thunder Enterprises, the Chattanooga-based development firm of prominent UT booster John "Thunder" Thornton, Property Scope blogger Josh Flory reports.

  • 11/22/2011 - Josh Flory: Former Vol Dane Bradshaw to captain Thunder's team
  • He's an author, a former professional athlete and an East Tennessee sports icon, but now Dane Bradshaw can add "president" to his resume.

  • 11/19/2011 - James Baker joins BlueCross board
  • BlueCross BlueShield of Tennessee has elected James B. Baker to the board of directors for the Chattanooga-based health insurer. Baker is managing partner of River Associates Investments, LLC, where he has worked for the past 19 years.

  • 11/12/2011 - Leading U.S. Turn-Key Real Estate Investment Company, MemphisInvest.com, Lands in Vancouver, British Columbia for ...
  • MEMPHIS, Tenn., Nov. 12, 2011 /PRNewswire/ -- Memphis Invest, GP, which operates the MemphisInvest.com brand, arrived in Vancouver, British Columbia as an advertiser and sponsor of the Canadian Investor Forum and fully prepared to introduce Memphis, Tennessee to Canadian real estate...

  • 11/08/2011 - Dalfen America Corp. Acquires REO Industrial Property in Tennessee
  • MONTREAL, Nov. 8, 2011 /PRNewswire/ -- Dalfen America Corp. announced today the acquisition of Trinity Ridge Business Center. Built between 1998 and 2007, this eight-building industrial park totals 234,000 square feet and is located in Cordova, Tennessee, an affluent suburb of Memphis....

  • 11/03/2011 - Coal-Ash Disaster Lingers in Tennessee as Regulation Fight Rages
  • Holly Schean didn’t know what was on the other side of the hill near her parents’ home in Kingston, Tennessee. At 1 a.m. on Dec. 22, 2008, she found out. The earth split and toxic coal ash surged across a finger of the Emory River.

  • 11/03/2011 - Life-sciences sector an engine for good Tennessee jobs
  • Many of the best jobs in Tennessee are in the life sciences, and we can tap into the sector's growth for even more jobs.

  • 10/31/2011 - Memphis mayor
  • DANIEL WEAVER » Age: 42 » Address: 80170 Belle River Road » Education: Bachelor's degree in political science from East Tennessee State University » Occupation: Real estate appraiser » Political experience: Mayor since 2009. City council member for six years.

  • 10/29/2011 - Beale Street club owner under inquiry
  • The state is investigating whether a Beale Street club owner avoided paying tens of thousands of dollars in state sales tax, a felony under Tennessee law, and whether the club owner abused the state's unemployment system.

  • 10/30/2011 - National reports don't reflect local housing market
  • Real-estate market is much worse in some parts of the country than it is in Middle Tennessee.

  • 10/28/2011 - Exit Realty Earns Award
  • A local real estate firm has won a prestigious national award. Exit Realty on the Rock has been honoured with the award for top-producing Exit Realty office in North America. The award was presented at Exit Realty's 13th annual national convention taking place in Nashville, Tennessee.

  • 10/28/2011 - Proposed mall land sold for $3.25 million
  • An Ankeny company paid $3.25 million for 287 acres of land on which Tennessee developer James “Bucky” Wolford wanted to build a regional lifestyle center, records show.

  • 10/21/2011 - Grant Named President of TN Home Builders Assn.
  • Keith Grant of Keith & David Grant Homes will be inducted as 2012 president of the Home Builders Association of Tennessee Inc. in a ceremony Nov. ...

  • 10/21/2011 - Vintage Homes Named Builder of the Year
  • Charles Morgan, president of Memphis-based Vintage Homes LLC, was named 2011 Builder of the Year by the Tennessee Housing Development Agency Monday, O...

  • 10/17/2011 - Tennessee and Kentucky Timberland, Hunting Land to Sell in Major Land Auction
  • PARIS, TN--(Marketwire - Oct 17, 2011) - In one of the biggest Tennessee timberland sales in recent years, approximately 5,228 acres of woodlands will sell in two auctions Nov. 17-18.

  • 10/17/2011 - FBI investigated Wilder only once
  • The late John Wilder only once came into the crosshairs of an FBI investigation during his record 36 years as Tennessee Senate speaker.

  • 10/12/2011 - Sponsor of Tennessee bill allowing guns in bars charged with having gun while driving drunk
  • NASHVILLE, Tenn. — The sponsor of the law that made it legal to carry a gun into bars in Tennessee is facing charges of possession of a handgun while under the influence and drunken driving. Rep. Curry Todd, a Collierville Republican, was pulled over in Nashville late Tuesday, according to court documents. Police said he failed a roadside sobriety test and refused to take a Breathalyzer test. A ...

  • 10/11/2011 - Mayoral, City Council candidates focus on South Knoxville
  • The recent purchase of the former Baptist Hospital of East Tennessee on Blount Avenue by a for-profit hospital chain was the subject of questions to Knoxville mayoral and City Council candidates during a forum Tuesday night.

  • 10/06/2011 - Va., Tenn. banking-industry reps say banks 'trying to make up for lost revenue'
  • Banks are turning to controversial revenue-generating moves like debit-card fees because a soft demand for loans – and tighter restrictions on who can get them – hinders their ability to lend as much as they’d like, Virginia and Tennessee banking-industry representatives told the Bristol Herald Courier editorial board Wednesday.

  • 10/02/2011 - Group's members benefit from peer mentoring
  • The Entrepreneurs' Organization of East Tennessee may have been around for a decade, but it's getting a new lease on life with recognition that its members are in good company.Seven of the local chapter's 25 members made Inc. magazine's list of 5,000 fastest growing companies. Twenty-two Knoxville-area companies were included in the national ranking.

  • 09/25/2011 - Rutherford County Briefs: Pursuit of FastTrack grant authorized
  • The Murfreesboro City Council has authorized City Manager Rob Lyons to pursue a state of Tennessee FastTrack grant to pay for infrastructure to a yet-to-be-disclosed business.

  • 09/23/2011 - Memphis Partnership Buys 65 Memphis-Area Properties
  • RJ Real Estate Holdings GP, a Tennessee general partnership composed of Richard A. Cole and Jack A. Whitaker Jr., has bought properties in Shelby, Tip...

  • 09/21/2011 - Lamar Alexander, Bob Corker high on Congress' rich list
  • They're not the wealthiest in Congress — that distinction belongs to a Texas lawmaker worth at least $294 million — but Tennessee's senators certainly aren't hurting for cash.

  • 09/19/2011 - State has questions about advance for Memphis Bioworks Foundation
  • State officials wanted more questions answered Monday before approving an advance of $6.3 million in state grants to the Memphis Bioworks Foundation toward a new $22 million laboratory building near the University of Tennessee Health Science Center campus.

  • 09/02/2011 - Dreyzehner Tapped as TN Health Commissioner
  • Tennessee Gov. Bill Haslam has appointed Dr. John Dreyzehner of Abingdon, Va., as state health commissioner. Dreyzehner comes to the cabinet position ...

  • 08/29/2011 - Housing Group Brings Mission To West Tenn.
  • The Tennessee Affordable Housing Coalition, an advocacy group that’s goal is to promote and improve the availability of affordable housing, has been m...

  • 08/22/2011 - Tax reform is the ticket to fixing economy, U.S. Sen. Bob Corker tells Memphis Realtors
  • Tennessee senator, who supports lower taxes, says health care and banking laws have stifled business.

  • 08/18/2011 - Sam Venable: A room like none other in Knoxville
  • When I learned that the home of former University of Tennessee men's basketball coach Bruce Pearl had gone on the market, a sales question immediately popped into my mind:

  • 08/17/2011 - Central Tennessee Home Sales Improved in July
  • Mt. Juliet real estate agent Judy Rockensock is on track to sell more homes at higher prices this year than she did last year. Her sales reflect a recent report that shows Middle Tennessee home sales could be on the rebound.

  • 08/17/2011 - Barron Partners Continues to Invest in Tennessee-Based Company, Choice Solar Solutions
  • Choice Solar Solution; backed by global clean-tech investment company; Barron Partners, “facilitates” green job growth in Tennessee, with the opening of its East Tennessee branch [PR.com]

  • 08/15/2011 - Cordovan named W. Tennessee leader of Pajama Program
  • Pajama Program announces a new chapter of the nonprofit organization now starting in the West Tennessee area. Lorrie Shadko has been named the chapter president of Pajama Program to serve children in need. Before taking over as chapter president, Shadko served as the West Tennessee coordinator for the Pajama Program for three years.

  • 08/10/2011 - Fenton joins Midstate transit alliance
  • Responding to mass transit needs and options in Middle Tennessee, the Transit Alliance of Middle Tennessee and Lipscomb University's Nelson and Sue Andrews Institute for Civic Leadership launched its first Transit Citizen Leadership Academy on Aug. 3.

  • 08/08/2011 - Sam Venable: Options galore for UT mansion
  • What a shame. The poor ol' University of Tennessee can't sell much of anything these days. Consider: Nobody wants to be the next athletic director, despite months of search by high-dollar corporate headhunters.