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By: Geert De Lombaerde
Posted: Monday, October 5, 2015 - 14:44
Close observers of stock market charts likely already have seen this, but here it is for the rest of us.
By: William Williams
Posted: Monday, October 5, 2015 - 13:23
Nashville-based BNA Associates will go before the Metro Development and Design Review Committee Tuesday to seek approval for exterior updates — including what could be an eye-catching neon rooftop sign — for a proposed boutique hotel to be called The Fairlane and located in an existing building with an address of 401 Union St. Bathed in travertine limestone, the modernist building to be reinvented is located at the southwest corner of the intersection of Fourth Avenue North and Union Street within the central business district (see the structure here courtesy of Google Maps).
By: William Williams
Posted: Monday, October 5, 2015 - 12:17
Healthcare Realty Trust has released an image for and will break ground this week on its 907-space parking garage to accommodate Midtown Medical Plaza I and II in Midtown. In addition, the Nashville-based medical office real estate investment trust has released an image of the 10-story garage, to be located in the 2000 block of Hayes Street. Nashville-based Gresham Smith and Partners is handling design.
By: William Williams
Posted: Monday, October 5, 2015 - 10:44
The average per-gallon price of regular gas in Nashville on Sunday was $2.05, unchanged compared to the mark of a week ago and down 15 cents from the figure of four weeks prior. This time in 2014, the average per-gallon price of regular gas in Nashville was $3.10, according to AAA The Auto Club Group. Relatedly, Tennessee’s average price was $2 on Sunday, up one cent compared to the figure from the previous week. The price was $2.11 four weeks ago and $3.09 a year ago. In Tennessee, the peak price to date this year has been $2.58 (on June 17).
By: Geert De Lombaerde
Posted: Monday, October 5, 2015 - 07:12
After buying 29 properties for $87.0 million in cash during the second quarter, Community Healthcare Trust had a quieter Q3, paying $13.1 million for three properties and funding an $11.0 million mortgage. Also in the works, company officials said Friday, are five purchases for $24.8 million and work to turn 18 non-binding term sheets for $29.4 million into done deals.
By: Geert De Lombaerde
Posted: Monday, October 5, 2015 - 06:53
Locally based cardiac data venture InvisionHeart is one of five companies to have been named a finalist in Sink or Swim, a pitch competition that's part of this week's Healthcare Supply Chain Association Expo in D.C. Also in the mix are Michigan, North Carolina, Pennsylvania and Illinois. They will go before a panel of judges Tuesday. There's no money to be won, but the winner will get some advice sessions with group purchasing organization executives.
By: Geert De Lombaerde
Posted: Friday, October 2, 2015 - 14:05
Hollywood-based graphic novel publisher Humanoids has contracted with Ingram Content Group to break into the book trade for the first time. The company, which was launched four decades ago, is aiming to get some of its worldwide properties to a wider U.S. audience.
By: Emily Kubis
Posted: Friday, October 2, 2015 - 13:43
The Nashville investor behind the Virgin Hotel planned for Music Row is exploring alternative options for the property, according to the Nashville Business Journal.
By: Geert De Lombaerde
Posted: Friday, October 2, 2015 - 11:54
Citi analysts have launched coverage of various segments of the health care sector, including hospitals. They're not all that upbeat about the hospital space, giving most players a 'hold' rating. Only LifePoint Health merits a 'buy' in their opinion; they see its shares (Ticker: LPNT) climbing to $82 from about $71 today.
By: Geert De Lombaerde
Posted: Friday, October 2, 2015 - 07:38
Middle Tennessee leaders need to get to work on expanding transit options for the region's suburbanites, according to a new report from the Regional Transportation Authority of Middle Tennessee. Says RTA CEO Steve Bland: "If you believe we’re going to grow by a million people, tweaks — small improvements, short-term improvements — aren’t going to be anywhere near enough to maintain the quality of life that we’re used to here."