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Business Coaching: Coaches Are Not Just For Sports
By Gabriel Adams
Do you remember when you were a small child and you would watch an older child play a sport, and you would think how amazing they were? Then as you got older you would play sports and try to do everything just like the pros. However for some reason you were never able to do things just like they were able to do them.
I think one of the best things about playing organized sports is the ability to learn the sport from a coach. I remember when I was really young playing basketball, I had a great coach. He taught me how to shoot, pass, and dribble much better than I was ever able to do them before. He was able to relate to me in a way that helped me to understand how to play the game better.
Many successful entrepreneurs take this same approach when trying to create a successful business. Sometimes these entrepreneurs enlist the help of a business coach. Business coaching can be used in many different ways to help a business become
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Slide show: Shakeup among top bank brands<img src='http://assets.bizjournals.com/dayton/news/25_topusbankbrands2012*100.jpg?v=1'>There was a big shakeup at the top of the banking brand rankings released this past week, which included many of the largest banking companies operating in Arizona.
Wells Fargo & Co. jumped ahead of Bank of America for the second spot on Brand Finance's Banking 500, a list of the best global banking brands in 2012, which was released Feb. 1.
Bank of America (NYSE: BAC) is the No. 3 banking company in the Phoenix area in terms of local deposits, and employs more than 10,000 people in Maricopa County...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qOFxMhJb1hQ:R9BXYz9g8Kg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qOFxMhJb1hQ:R9BXYz9g8Kg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=qOFxMhJb1hQ:R9BXYz9g8Kg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qOFxMhJb1hQ:R9BXYz9g8Kg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=qOFxMhJb1hQ:R9BXYz9g8Kg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=qOFxMhJb1hQ:R9BXYz9g8Kg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/qOFxMhJb1hQ" height="1" width="1"/>Arizona gas prices hit January record, expected to move higher<img src='http://assets.bizjournals.com/atlanta/news/2011/01/10/gasolinepump*100.jpg?v=3'>Arizona had record-high January fuel prices, and that trend is continuing into February, according to the American Auto Association.
The January average was $3.311 per gallon, an increase of 12 percent from the January 2011 average of $2.960.
The state?s average for February 2011 was $3.148. So far this month, the average price is almost 9 percent higher: $3.415.
In the past seven weeks, the national average fuel price has climbed 3.3 cents to $3.488 per gallon. In Arizona, the price has increased 2...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=RokQT1PjGUw:i41eHJbk-Uc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=RokQT1PjGUw:i41eHJbk-Uc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=RokQT1PjGUw:i41eHJbk-Uc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=RokQT1PjGUw:i41eHJbk-Uc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=RokQT1PjGUw:i41eHJbk-Uc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=RokQT1PjGUw:i41eHJbk-Uc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/RokQT1PjGUw" height="1" width="1"/>LVM Systems expanding in MesaLVM Systems Inc., a provider of call center software for the health care industry, is nearly doubling its space.
Construction started last week on a 7,000-square-foot structure just north of its existing 10,000-square-foot headquarters in Mesa. Construction costs are estimated at about $1 million, said company spokesman Lorenzo Sierra, adding the project will be financed through a combination of cash on hand and a bank loan.
The new building will accommodate up to 40 employees, he said.
The company employs 61 people nationwide, including 51 at its headquarters...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=lgGk5MhbrhM:CsQqtyV3QvI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=lgGk5MhbrhM:CsQqtyV3QvI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=lgGk5MhbrhM:CsQqtyV3QvI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=lgGk5MhbrhM:CsQqtyV3QvI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=lgGk5MhbrhM:CsQqtyV3QvI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=lgGk5MhbrhM:CsQqtyV3QvI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/lgGk5MhbrhM" height="1" width="1"/>National Laser Institute to hire 40 in Scottsdale, expand nationally<img src='http://assets.bizjournals.com/phoenix/news/Louis_Silberman*100.jpg?v=1'>The National Laser Institute, a medical aesthetics training facility and spa in Scottsdale, is planning to hire 40 people locally and expand nationally.
The school employs 100 people, and owner Louis Silberman said he?s looking to hire 40 new employees in a variety of positions during the next 12 months. Positions include 10 more instructors with experience in procedures like laser hair removal and Botox injections. The other 30 positions include marketing, admissions and spa support jobs.
To accommodate its new staff the institute plans to add 5,000 square feet to its administration building in Scottsdale near Bell Road and the Loop 101...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=uIHEIC_T-N8:i1rmQJEEPqI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=uIHEIC_T-N8:i1rmQJEEPqI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=uIHEIC_T-N8:i1rmQJEEPqI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=uIHEIC_T-N8:i1rmQJEEPqI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=uIHEIC_T-N8:i1rmQJEEPqI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=uIHEIC_T-N8:i1rmQJEEPqI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/uIHEIC_T-N8" height="1" width="1"/>The Marketing Coach: Lead generation, not sleaze generationIf you ever need a good laugh, just take a look at the marketing pitches of scheisters in the real estate, insurance and other lead-generation industries. One group, ?Mike and Carl,? explain that if you only follow their method of creating marketing videos, you will never have to network again. Thus, sayeth Mike and Carl, you?ll get to spend more time with your family.
If only that were so.
The reality is that most businesses need a combination of marketing, networking and lead generation to bring in the customers...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zEAZ3EK-icM:MwRwOBFVI6I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zEAZ3EK-icM:MwRwOBFVI6I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=zEAZ3EK-icM:MwRwOBFVI6I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zEAZ3EK-icM:MwRwOBFVI6I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=zEAZ3EK-icM:MwRwOBFVI6I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=zEAZ3EK-icM:MwRwOBFVI6I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/zEAZ3EK-icM" height="1" width="1"/>Flexible electronics, displays heading in consumer directionsThose interested in flexible display and electronics technology saw glimpses of the future this week at a national conference in Phoenix, and that future is trending more toward consumers.
The Flexible Electronics and Displays Conference and Exhibition, developed by the FlexTech Alliance, came to Phoenix this week to show off the latest in digital screens that can bend and move.
Malcolm Thompson, chief technologist at the FlexTech Alliance, said as the technology has evolved, so have the applications...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=ztMBO5BoSi0:ZjyGdxOkOBI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=ztMBO5BoSi0:ZjyGdxOkOBI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=ztMBO5BoSi0:ZjyGdxOkOBI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=ztMBO5BoSi0:ZjyGdxOkOBI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=ztMBO5BoSi0:ZjyGdxOkOBI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=ztMBO5BoSi0:ZjyGdxOkOBI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/ztMBO5BoSi0" height="1" width="1"/>Gabby Giffords, Mark Kelly back former aide for U.S. House seat<img src='http://assets.bizjournals.com/phoenix/morning_call/gabrielle-giffords_214x320*100.jpg?v=1'>Ron Barber, a former aide to Gabrielle Giffords during her tenure in Congress, is running for her Arizona congressional seat.
Barber has backing from Giffords and her husband, former NASA astronaut Mark Kelly.
Giffords resigned last month as she continues to recover from being shot through the head and brain during a shooting rampage in Tucson in January of last year.
The special primary and general election are being held to finish Giffords? term.
Barber is a former district director for Giffords...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6ovqcddxaFM:XQghS2n_4zs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6ovqcddxaFM:XQghS2n_4zs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=6ovqcddxaFM:XQghS2n_4zs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6ovqcddxaFM:XQghS2n_4zs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=6ovqcddxaFM:XQghS2n_4zs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6ovqcddxaFM:XQghS2n_4zs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/6ovqcddxaFM" height="1" width="1"/>Arizona reaps $1.6 billion from national mortgage settlement<img src='http://assets.bizjournals.com/phoenix/print-edition/page20_Horne_Tom.jpg?v=1'>Arizona officials unveiled an agreement Thursday worth as much as $1.6 billion locally as part of the national mortgage settlement against five banks over mortgage abuse and fraud.
Arizona Attorney General Tom Horne had vowed the state would not join the national settlement unless it could resolve its separate lawsuit against Bank of America Corp.
The Arizona agreement, officially reached at 11 p.m. Wednesday night, will require Bank of America to pay $10 million to the Arizona Attorney General...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=xZyzz_IQj-8:1bk8P2Tehz8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=xZyzz_IQj-8:1bk8P2Tehz8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=xZyzz_IQj-8:1bk8P2Tehz8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=xZyzz_IQj-8:1bk8P2Tehz8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=xZyzz_IQj-8:1bk8P2Tehz8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=xZyzz_IQj-8:1bk8P2Tehz8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/xZyzz_IQj-8" height="1" width="1"/>Archway Holdings buys medical office buildings for $14.5MArchway Holdings Corp. of Beverly Hills, Calif. purchased three medical office buildings in the Phoenix metro area for a combined $14.5 million.
In the first deal, Archway purchased the 101 Medical Office Center at 9250 W. Thomas Road for $8.6 million. The seller was the original developer, McShane Corp. of Chicago. Archway paid cash and renamed the 80,815-square-foot property Estrella Health Center. It was built in 2009.
In the second deal, Archway purchased a note secured by two properties for $5...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6768SNcrpGQ:4WRj1W0i7Cg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6768SNcrpGQ:4WRj1W0i7Cg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=6768SNcrpGQ:4WRj1W0i7Cg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6768SNcrpGQ:4WRj1W0i7Cg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=6768SNcrpGQ:4WRj1W0i7Cg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=6768SNcrpGQ:4WRj1W0i7Cg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/6768SNcrpGQ" height="1" width="1"/>Tempe apartments sell for $45 million to Seattle company<img src='http://assets.bizjournals.com/phoenix/print-edition/San%20Portella%20Apt*100.jpg?v=1'>Pillar Communities in Seattle purchased the San Portella apartments in Tempe for $45.1 million, or $146,428 per unit.
The complex located at 2155 S. 55th St. was built in 2008 by a joint venture involving Mark-Taylor Inc. of Scottsdale and Principal Real Estate Investors of Des Moines, Iowa.
The legal selling entity was Apartments at Fountainhead LLC. The legal purchasing entity was PrivatePortfolio Group LLC.
Tyler Anderson, Sean Cunningham and Asher Gunter of CBRE in Phoenix represented the seller...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=LJJE4wqp00M:xmF7kmxSrnw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=LJJE4wqp00M:xmF7kmxSrnw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=LJJE4wqp00M:xmF7kmxSrnw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=LJJE4wqp00M:xmF7kmxSrnw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=LJJE4wqp00M:xmF7kmxSrnw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=LJJE4wqp00M:xmF7kmxSrnw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/LJJE4wqp00M" height="1" width="1"/>
a successful one. A business coach is used to help a person make their business process more successful. Do not confuse a business coach with a consultant, because a consultant is usually brought in for advice on a single project, or a few similar projects. A business coach is brought in to take a business down a path that will lead to a more successful business overall. Business coaching can help many different types of businesses including startups, corporations, small businesses, and even franchises. These business coaches usually have a lot of prior experience managing a business and can help to guide their employers in the right direction when critical processes are being planned. Just like my old basketball coach was able to relate to me to help me better understand how to play basketball, a business coach is also there to help an entrepreneur understand how to run a business better and more efficiently. Article Directory: http://www.articlecube.com Visit Psychotherapy for Adults, Adolescents and Couples Chapel Hill, NC and Coaching and Consulting.
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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>
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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">
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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">
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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">
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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">
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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">
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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">
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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">
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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">
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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">
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