The Nation is Talking About Memphis

News & Press

Starter Homes Are Only Affordable in Four Cities

Oct 24, 2022 | thestreet.com | Online
Soaring mortgage rates are a big part of the problem, with the 30-year fixed rate mortgage at almost 7%. DAN WEILOCT 20, 2022 6:26 PM EDT With home prices elevated and mortgage rates soaring, homes have become unaffordable for many prospective buyers, especially starter homes. Point2, a real estate search web site, compiled a study […]

Big Brother star Memphis Garrett bringing Ya Mas Taverna to Edge District

Oct 24, 2022 | bizjournals.com | Online
Ya Mas Taverna, a Fort Lauderdale-based Mediterranean restaurant, is headed to the Edge District. The Florida restaurant has a Memphis connection, but not the one you think. Memphis Garrett is the founder and CEO of Garrett Hospitality Group, which oversees such brands as Blue Wave Sushi, LadyMay, No Man’s Land, and Point Break Poke House. […]

This Memphis-based VC firm has a $52M fund and FedEx, AutoZone as partners

Oct 24, 2022 | bizjournals.com | Online
By John Klyce – Reporter October 18, 2022, 01:52pm CDT FedEx and AutoZone are partnered with Ridgeline — and in late September, when the Memphis-based venture capital firm held a summit at Crosstown Concourse, the local giants didn’t hesitate to send their top executives. FedEx president and CEO Raj Subramaniam spoke at the event, along […]

A ‘win-win:’ U of M, BBA, and Community LIFT join forces to create venture fund for Black tech businesses

Oct 18, 2022 | bizjournals.com | Online
For more than a decade, Kurt Kraiger, Ph.D., had worked at Colorado State University in Fort Collins. But the professor desired a change; he wanted to live in a bigger city, and one where he could have more of an impact on the community. So, about four years ago, Kraiger took a position at the University […]

Vic on Union gets 12-year PILOT for its $46.6 million apartments, pool, lazy river

Oct 12, 2022 | dailymemphian.com
The Medical District is getting a lazy river and a new apartment complex. On Tuesday, Oct. 11, the Center City Revenue Finance Corp. also approved a 12-year PILOT for the Vic on Union development in the Medical District. Center City Revenue Finance is an affiliate board of the Downtown Memphis Commission (DMC). Texas-based Hunington Properties […]

UTHSC, Methodist tuition-free program offers fast track to nursing career

Oct 12, 2022 | dailymemphian.com | Online
With the nation facing a widespread nursing shortage, the University of Tennessee Health Science Center and Methodist Le Bonheur Healthcare have teamed up to produce nursing students at a faster pace, at no cost to the student. With the population aging, the U.S. Bureau of Labor Statistics projects that more than 275,000 additional nurses will […]

GloRilla takes home BET Hip Hop Award

Oct 6, 2022 | dailymemphian.com | Music, Online
After earning a Billboard-charting hit with “F.N.F.” and inking a deal with Yo Gotti’s CMG label — Memphis rapper Gloria “GloRilla” Woods continues to earn accolades. The latest: Being named “Breakthrough Hip Hop Artist” at the 2022 BET Hip Hop Awards. Although it aired on television Tuesday, Oct. 4, the ceremony was taped Friday, Sept. 30, at […]

New food star to open on S. Highland

Oct 6, 2022 | dailymemphian.com | Online
A California-based restaurant franchise, Celebrity’s Soul Food, is rolling out the red carpet Wednesday, Oct. 5, in Memphis to celebrate the grand opening of its first Tennessee location at the former Newk’s Eatery site on South Highland Street. Celebrity’s founders Taja and Fredrick Jacobs partnered with franchisees Jennifer Cochran-Welch and Court Welch to open the […]

University Lofts project to add 105 apartments to Edge District

Oct 6, 2022 | dailymemphian.com | Online
The Edge District is getting another apartment complex. On Wednesday, Oct. 5, the Design Review Board, an affiliate board of the Downtown Memphis Commission, approved plans for the 105-unit apartment complex at 440 Monroe Ave. in the former Holliday Event Flowers. “This is another development that adds urban density to the neighborhood,” Downtown Memphis Commission […]

Why a Memphis VC is betting $52M on startups selling to complex orgs

Oct 5, 2022 | techcrunch.com | Online
Ridgeline is a new VC firm that invests in B2B companies with a specific goal in mind: helping its portfolio companies sell to complex organizations that are hard to crack, but can be great customers if you break into them. The Memphis, Tennessee-based firm was started in 2020 by Ben Walker, Ryan Clinton and Andrew […]