MAA sells apartment property for $7.25 million
MAA is enacting part of its current disposition plan with the sale of a Memphis apartment community. Orlando, Fla.-based Cedar Mill LLC purchased Cedar Mill Apartments in Southeast Memphis from Mid-America Apartments LP for $7.25 million. Built in two phases in 1974 and 1986, the 276-unit apartment complex at 3505 S. Mendenhall sits on 13.9 acres, according to the Shelby County Assessor of Property website. Mid-America Apartments LP is affiliated with Mid-America Apartment Communities Inc., currently branded as MAA...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=C4AaOe3r4Ag:7xVn2qruqqI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=C4AaOe3r4Ag:7xVn2qruqqI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=C4AaOe3r4Ag:7xVn2qruqqI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Dunavant Logistics earns security certification
Dunavant Global Logistics Group LLC has gained a security certification that could help it move products faster for customers. The Memphis-based global logistics firm has been certified as a member of the U.S. Customs-Trade Partnership Against Terrorism (C-TPAT) program. The certification is primarily held by larger companies that have significant focus on global logistics. U.S. Customs and Border Protection established the program in 2003 to build cooperation with industries which strengthen supply chain and border security...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=LF5D_OiWWcc:WmWwSds483M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=LF5D_OiWWcc:WmWwSds483M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=LF5D_OiWWcc:WmWwSds483M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Postal Service lost $3.3 billion in first quarter
<img src='http://assets.bizjournals.com/phoenix/morning_call/PostalServiceWeb*100.jpg?v=1'>Strong holiday shipping was not enough to offset a continued decline in First-Class Mail, leading to a $3.3 billion quarterly loss for he United States Postal Service, compared to a loss of $290 million in the same quarter a year earlier. The Postal Service?s shipping business was up 7 percent from a year ago last quarter, its fiscal first quarter. Shipping accounted for 17 percent of its total revenue. First-Class Mail revenue fell 4.1 percent. First-Class Mail revenue has declined 15 percent and volume down 25 percent since 006...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=ov4xx_9oEys:cNWankdOXMw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=ov4xx_9oEys:cNWankdOXMw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=ov4xx_9oEys:cNWankdOXMw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Memphis awaits impact of mortgage settlement
<img src='http://assets.bizjournals.com/austin/blog/real-estate/foreclosurehouse*100.jpg?v=1'>Now that the federal government and states have hammered out a historic settlement with mortgage servicers, the bigger question will be the exact impact at the local level in cities hardest hit, like Memphis. In the immediate, the general consensus is that even the largest federal-state settlement in history of $26 billion ? with an expected $146 million coming to Tennessee ? isn?t enough to stem the tide of massive foreclosures. Corky Neale, director of research for RISE Foundation, a consumer financial education group, said the potential impact of the dollars will affect about 10 percent ? 1...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=PxMiEct-o3Y:e3hamdpfxqQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=PxMiEct-o3Y:e3hamdpfxqQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=PxMiEct-o3Y:e3hamdpfxqQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Memphis industrial portfolio sells for $23.6 million
<img src='http://assets.bizjournals.com/memphis/news/kansas%20city%20life%20portfolio*100.jpg?v=1'>AREA Properties Partners has purchased four Memphis industrial buildings totaling 834,708 square feet for $23.6 million. Kansas City Life Insurance Co. sold the portfolio and was represented by Cushman & Wakefield?s Southeast Capital Markets Group in cooperation with Cushman & Wakefield Commercial Advisors in Memphis. The buildings include Southpark H at 4650 Quality Drive, Southpark G at 4481 Pleasant Hill, Memphis Distribution D at 4100 Quest Way, and Memphis International Airport Center at 3363 MIAC Cove...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=b2aEOciq3Y0:F3y7yppP6cw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=b2aEOciq3Y0:F3y7yppP6cw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=b2aEOciq3Y0:F3y7yppP6cw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Tennessee to get $146M in mortgage relief from big banks
<img src='http://assets.bizjournals.com/nashville/news/housinghelpweb*100.jpg?v=1'>Tennessee?s piece of a landmark mortgage settlement will likely be about $146 million in what officials say will be a sweeping change in practices and a dose of relief to struggling homeowners. In a $26 billion deal that includes states? attorneys general across the country, major mortgage providers ? Bank of America, Wells Fargo & Co., JP Morgan Chase & Co., Citigroup and Ally Financial ? have agreed to provide money for loan modifications and other changes, direct relief to wronged homeowners and funding for housing programs, authorities said...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=J6bIInXnaAs:KV9x7jdCIe4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=J6bIInXnaAs:KV9x7jdCIe4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=J6bIInXnaAs:KV9x7jdCIe4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Daniel Tosh?s 2012 tour to stop in Memphis
Tosh Tour Twenty Twelve will hit the Orpheum Theater in Memphis on April 8. Comedian Daniel Tosh, known for his Comedy Central show Tosh.0, will begin his tour April 5 in Austin, Texas, and perform in at least 17 cities, including Memphis. It will be the comedian?s second stand-up tour produced by Comedy Central. In 2010, Tosh Tour Twenty Ten included more than 75 performances, sold 250,000 tickets sold and produced $10 million in box office revenue. Tickets for the Memphis show go on sale Friday at 10 a...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=n6bLretEuqU:aczdcfRknyk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=n6bLretEuqU:aczdcfRknyk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=n6bLretEuqU:aczdcfRknyk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Grizzlies owner Heisley bidding on Dodgers
Michael Heisley, the Chicago billionaire businessman who owns the Memphis Grizzlies, has been revealed as one of the bidders on the Los Angeles Dodgers, according to a report in the Los Angeles Times. Heisley leads one of 11 bids that is still in the running to buy the Major League Baseball team. The report also says if Heisley were to buy the team, Jerry West would probably join in some capacity. West, a former Los Angeles Laker and NBA legend, previously worked for Heisley as general manager of the Grizzlies.<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=oBlb2MDznJs:IdmIvEZwjtQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=oBlb2MDznJs:IdmIvEZwjtQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=oBlb2MDznJs:IdmIvEZwjtQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Memphis files 86 lawsuits against property owners
The city of Memphis is fighting blight and for the second time filed a large batch of lawsuits against the owners of neglected property. The Commercial Appeal reports Mayor A C Wharton and Shelby County District Attorney General Amy Weirich announced the filing of 86 lawsuits and 11 nuisance petitions. Wharton launched a similar assault against blight in 2010, when the city filed 138 lawsuits against property owners. About two-third of those properties have since been rehabbed or demolished, according to Wharton...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=xgYwdDRKgGQ:K7Ys-7xHWns:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=xgYwdDRKgGQ:K7Ys-7xHWns:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=xgYwdDRKgGQ:K7Ys-7xHWns:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>
Bank settlement to net $26B for homeowners
More than 2 million Americans could benefit from at least $26 billion in relief from the nation?s biggest banks as part of a broad government settlement set to be announced on Thursday, The New York Times reports. The aid will help a relatively small portion of borrowers who are delinquent and facing foreclosure, The Times reports. The success could depend in part on how effectively the program is put into effect because earlier efforts by Washington to help troubled borrowers aided fewer than expected...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=4Z--61aiE6U:AkoDL2JDah4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=4Z--61aiE6U:AkoDL2JDah4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=4Z--61aiE6U:AkoDL2JDah4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a> </div>


of delegating as competence and confidence increase.

2)Coaching promotes individual and team excellence.
Excellence is a product of habitual good practice. Regular meetings and constructive feedback are important in establishing habits. Team members catch the habit of constantly assessing themselves individually for their respective strengths and areas for improvement.

Think of a musical orchestra. Each member plays a different instrument. In order to achieve harmony, individual members polish their respective pieces, aside from practicing as an ensemble. Consequently, they improve individually and as a team.

3)Coaching develops high commitment to common goals. A coaching leader balances the attainment of immediate targets with long-term goals of an organization. By constantly communicating the vision through formal and informal conversations, the members are inspired and motivated.

4)Coaching produces valuable leaders.
Leadership by example is important in coaching. A coaching leader loses credibility when he/she does not practice what he/she preaches. This means that a coaching leader should be well organized and highly competent, communicate openly, encourage feedback, and have a clear idea of the organization's vision-mission-goals.

Team members catch the same good practices and attitudes of the coaching leader, turning them into coaching leaders themselves. If a member experiences good coaching, he/she is likely to do the same things when entrusted with formal leadership roles.

Some words of caution though: coaching is just one of the styles of leadership. It can be done in combination with the other five emotional leadership styles depending on the profile of the emerging team.

Moreover, coaching requires physical, emotional, and mental fitness since it involves individual and team coaching. Your members expect you to be the last one to give up or bail out in any situation especially during times of crises.

Coaching entails investing time on each individual member and the whole team. The responsibilities are greater since you are also developing future coaches, as well. Indeed, coaching is the way to go in team management.

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Abbas Abedi--Attain immediate stress relief and permanent stress management skills.Download my FREE stress management system, consisting of a 77 page ebook and 7 mp3s.Visit:Stress Management


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