Pittsburgh firm made offer on 266 Lofts that was too good to refuse

By , Special to The Daily Memphian Updated: May 08, 2019 11:22 AM CT | Published: May 08, 2019 11:14 AM CT

Local developers intended to keep the 266 Lofts in Downtown Memphis, but a private equity firm made an aggressive, unsolicited offer.


apartment development Apartments Downtown Memphis
Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.


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