Monthly Archives: December 2010

ULI: Recovery to Begin in 2011

article in the Memphis Daily News by Sarah Baker The real estate market is projected to turn around next year, but the industry will have to settle for baby steps in all markets and property sectors. That was the message more than 250 bankers, investors and real estate professionals heard Wednesday at the Urban Land Institute’s fourth annual Real Estate Outlook for the Mid-South where they learned about the “era of less.” A shrunken industry, lower returns, crimped profits and substantial losses mark the current state of the real estate … Read More

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Economist: 2011 shaping up to be an ‘excellent year’ for Memphis

article by Thomas Bailey Jr. from the Commercial Appeal Lest there’s any doubt, Nashville rules. That was a minor but harsh theme among Memphis economic and development leaders who localized the Urban Land Institute 2011 Emerging Trends in Real Estate on Wednesday. They spoke to the annual ULI Memphis conference at the Holiday Inn-University of Memphis. Both Nashville and Knoxville have the strongest markets in Tennessee and will continue to lead the state in economic activity next year, said John Gnuschke, director of the University of Memphis Sparks Bureau of … Read More

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