More City Business Articles

Real estate matters: Buying 'as is' means 'as is'

Q: We recently purchased a home that had been foreclosed on by the bank. The terms of the purchase contract were for the property in “as is” condition. More

Local stocks pop, follow market rally

Shares of locally based Gaylord Entertainment Co., Pinnacle Financial Partner and J. Alexander’s Inc. jumped more than 10 percent Wednesday, boosted by a broad market rally that fed off falling oil prices and surprisingly strong profits from Wells Fargo & Co. More

Partnership 2010 taps bank president Herron to lead

Keith Herron, Midsouth region president of Regions Bank, will succeed HCA chief Jack Bovender as the co-chairman of the Chamber's Partnership 2010 for the 2008-2009 fiscal year. More

Volkswagen to build plant in Chattanooga

Volkswagen has chosen Chattanooga's Enterprise South Industrial Park as the site of its first U.S. manufacturing plant. More

1Point Solutions founder, Stokes, itching for pre-trial release

Barry Stokes, the disgraced leader of 1Point Solutions, is asking to be let of jail before his September trial date because of mounting health problems and neglect on the part of the Davidson County Sheriff’s Office. More

Vandy prof files ethics complaint over wine in grocery stores

Mikhael Shor, an assistant professor of economics at Vanderbilt’s Owen School of Management, has filed a complaint with the Tennessee Ethics Commission over the “wine in grocery stores” bill. More

New York group buys NewsChannel 5

A New York-based media group backed by private equity money has signed a deal to buy Nashville market leader NewsChannel 5 from Landmark Communications. More

Westgate buildings sold to Houston firm

Kirkland Properties has sold two of its Brentwood office buildings for $9 million. More

Board thinking about State Fair options

For years, Metro has tried and tried again to figure out what to do to improve the Tennessee State Fairgrounds. The Metro Fair Board, which receives no tax dollars to subsidize its operations, has renovated buildings and increased marketing to try and boost attendance for the Tennessee State Fair. More

At Law: A weekly roundup of civil litigation in Nashville

Jesus may have forgiven the sins of Dennis J. Hughes, but the Tennessee Supreme Court has not. After a ruling by a divided high court last week, the convicted, disbarred and now — by all accounts — reformed, sober and pious attorney will not be getting his law license back. More

The Chatter Class: Chamber, Science Center leadership tightly woven

One of the chief endeavors with a job, especially a top-level position, is ensuring job security. More

On Music Row: Tim McGraw arena tour notches big numbers

Tim McGraw’s Live Your Voice Tour ’08 played to nearly 500,000 fans and grossed almost $20 million during its recent run. The superstar played 34 amphitheaters and arenas as well as a handful of major festival dates, including Stagecoach and the New Orleans Jazz Fest. Joining McGraw on the road were rising stars Jason Aldean and Halfway to Hazard. More

The Music Biz: New television show utilizes Internet to showcase stars

Chris Williams has been heavily involved in several sectors of the music business within the urban community. He’s a successful producer and engineer, and a 2007 graduate of Music Row’s SAE in audio technology, where he learned the formal end of the technology he’d already mastered on his own dating back to 2000. More

Creating Places: Quirky, organic growth gives city true urban vibe

It’s tough to welcome the construction of a convenience market. More

Industrial market treading water heading into second half

The Nashville area’s industrial property market heads into the second half of 2008 at a stagnant pace. The region’s vacancy rate didn’t change much during the second quarter as the amounts of space leased and emptied were about even. More

Marketplace: May Town Center backers to speak to retail confab

Developer Tony Giarratana and Paul Shaw, a vice president at Dallas-based architectural firm RTKL, will give a presentation Friday to an International Council of Shopping Centers conference here in Nashville. More

Bricks & Mortar

More Mur-Ci facilities Rhythmic finishes Nolensville bank branch More

Real estate matters: Business tax help

Q: I own a restaurant building that I purchased using a 1031 exchange. I used to own an apartment building. If I sell the restaurant building and have a large capital gain, is there any way to avoid paying capital gains tax? More

Real estate transactions

Dave Says

Dear Dave, My father in-law swears by single stock picks and CDs. He says he’d made lots of money this way over the years. What do you think of this strategy? — Norm More