The Memphis-based company has also temporarily suspended operations at an Alabama mill and laid off at least 350 people since the beginning of this year, as revenue continues to outpace last year.

Stonewall Memphis claimed the 104-year-old Almadura apartment tower in Midtown out of foreclosure.

The meeting follows a Chancery Court ruling ordering Collierville officials to approve the proposal after it had previously been denied.

Deposits, loan growth and income from interest drove the positive results, First Horizon executives said.

A company has acquired three warehouses near Memphis International, a Florida-based real-estate-investment firm bought the Armstrong Transportation headquarters near the airport and a multifamily property between Overton Park and Overton Square has changed hands.

After nearly 10 years vacant, a restaurant is once again open in a building in front of the Malco Paradiso movie theater. 

The Catholic Diocese of Memphis, Commercial Bank and Trust and Allen & Hoshall also announce moves.

The Cotton Row Historic District could be getting a glow-up and Downtown a pair of new restaurants.

The development group branded the project as Mid-City Memphis and planned a development that would include a mix of townhomes, retail, offices and hotels.

Researchers at St. Jude are partnering with dozens of medical partners globally to answer a question — how do certain HIV treatments work with 16- and 17-year-olds versus adults?

Fogelman Properties has added 18 apartment properties with 5,200 units so far this year, and it hasn’t stopped at Memphis. 

Rural healthcare remains a challenge for UTHSC and several partners across the state. The system’s strategic plan provides some goals to address them, but it requires a coordinated approach and better outreach, some say.

A native Memphian combined two of his favorite things: bicycles and cats. The result? Dos Gatos Bike Shop.

The University of Tennessee Health Science Center strategic plan for 2023-28 has specific goals tied to enrollment and similar metrics. 

Developers hope to pump new life into the Downtown DoubleTree hotel with the help of tax incentives.

Commercial real estate firm CBRE is marketing Clark Tower, a 653,214-square-foot office tower at 5100 Poplar Ave.

The planned development, Memphis Jazz, is located across from one of UMH’s existing developments, Memphis Blues.

The chamber is looking for a permanent replacement for Ted Townsend, who left in April.

A prominent local developer’s lawsuit alleges the landowner of a proposed Chick-fil-A “orchestrated a ‘smear campaign’” to cast him in a negative light.

A 2004 White Station High graduate co-founded Magnus Labs — an AI, data and robotics company — in Silicon Valley. Now, he wants to bring his expertise and work with Sparco, a computer- and tech-consulting business in Millington, to bring robotics and a curriculum to Memphis-area schools.

The layoffs are affecting Regional One Health Extended Care Hospital, which will be closing later this year.

Memphians might have to wait a little longer for an In-N-Out burger.

Sanjeev Kumar, 45, a gynecological oncologist and founder of the Memphis-based Poplar Avenue Clinic, was arrested in February 2025.

Officials want a second look at the sentencing of former Evolve Bank CEO Robert Hartheimer, who solicited sex from someone he believed to be a 15-year-old boy. 

IKEA Way — where IKEA’s recently-closed Memphis store was located — could change back to its original name.