RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 160 160 7,605
MORTGAGES 273 273 14,468
FORECLOSURE NOTICES 56 56 4,763
BUILDING PERMITS 151 151 15,378
RECORD TOTALS DAY WEEK YEAR
BANKRUPTCIES 139 139 6,374
BUSINESS LICENSES 49 49 2,401
UTILITY CONNECTIONS 253 253 10,427
MARRIAGE LICENSES 95 95 1,953
Vol. 123 Tuesday, May 13, 2008 No. 94

Southland Development Invests in State Place

The unsold units in State Place condominium development have a new owner, and soon it will have new amenities and even a new neighbor.

14 Applicants File for Two Judicial Vacancies

Two vacancies in the western divisions of two state appeals courts have drawn a lot of interest from attorneys and judges in West Tennessee.

OrthoOne Secures Land For New Facility

3.57 Acres on Market Center Drive, Collierville, TN 38017, Sale Amount: $914,513 -
Attilla Group LLC, the real estate arm of recently formed orthopedic surgery group OrthoOne, has bought 3.57 acres in Collierville’s Schilling Farms Planned Development. The company also took out a construction loan to build a one-story, 13,000-square-foot facility that will house orthopedic surgery and physical therapy space and serve as OrthoOne’s headquarters. Construction is set to begin in late June or early July with completion scheduled for April or May 2009, said OrthoOne principal Dr. Jeffrey Dlabach.

Council Rejects Billboard Developer With Ford Trial Ties

One of the potential witnesses in this week’s federal corruption trial of former Memphis City Council member Edmund Ford remains a lightning rod for criticism among current council members.

Pat O’Brien’s Ownership Files For Chapter 11

Hours before a foreclosure sale was scheduled to occur on the southwest steps of the Shelby County Courthouse Friday, the ownership of Pat O’Brien’s-Memphis at 310 Beale St. filed for Chapter 11 bankruptcy protection, according to The Daily News Online, www.memphisdailynews.com.

LOCAL WEATHER

Today
Memphis, TN
71°F
Mostly Cloudy
Wind: 16 mph
Humidity: 53%

EVENTS

The Community Foundation of Greater Memphis will host a seminar for accountants, attorneys and financial planners today at 8:30 a.m. at The Crescent Club, 6075 Poplar Ave., ninth floor. Kathryn Miree, president of Kathryn W. Miree & Associates Inc., will present “The Top Ten Charitable Planning Ideas for 2008.” Registration information is available at www.cfgm.org/seminars.htm.

State Workers Consider Buyout

NASHVILLE (AP) – The prospect of lucrative buyout packages is leading some state employees to put their retirement plans on hold.

Verso Paper Takes Advantage Of Rising Prices With IPO

NEW YORK (AP) – Memphis-based coated paper company Verso Paper Corp. is hoping the good old-fashioned principle of supply and demand will drive interest in its initial public offering this week.

Bredesen Tells Lawmakers That Deep Cuts are Necessary

NASHVILLE (AP) - Gov. Phil Bredesen is telling lawmakers that it will take deep cuts to bridge a nearly half-billion dollar hole in Tennessee's upcoming spending plan.

Morgan Keegan Sees Upside in First Horizon Shares

NEW YORK (AP) - A Morgan Keegan & Co. analyst said Monday that First Horizon National Corp.'s stock could get a boost from the "imminent" sale of the regional bank's mortgage business.

Bill Seeking to Prohibit Gang Activity at Schools Advances

NASHVILLE (AP) - Legislation that seeks to prohibit gang activity at high schools in Tennessee is headed for a full Senate vote.

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