Tennessee

Memphis-area home sales for September decreased 9.5 percent from a year ago, with 1,424 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 4 percent from August, when there were 1,483 total sales. Average sales price from September-to-September was down 0.7 percent, at $159,420. Inventory decreased 0.5 percent, with 6,404 units listed for sale. Monthly sales volume YTD increased 7.0 percent to $1.98 billion

Two Tennessee men were each sentenced to 28 years in prison for killing during a home invasion robbery, announced Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S. Attorney David Rivera of the Middle District of Tennessee.

New York, NY - July 23, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $25.1 million senior loan to PDC Memphis Oaks 3 Holdings, LLC, a Class A distribution property totaling 1,025,000 square feet in Memphis, TN managed and sponsored by affiliates of Panattoni Development Company. The loan will recapitalize the existing financing, and will allow Panattoni to focus on leasing efforts on existing and future vacant space