News Press

The developers planning to redevelop 100 North Main and the surrounding property made a major announcement Tuesday morning. Representatives from co-developers Townhouse Management Co. (THM) and Loews Hotels told the Memphis City Council economic development committee they intend to construct a roughly 550-room, 26-story convention center hotel directly east of Memphis City Hall. Though the renderings presented to Council (which can be viewed above) were rough sketches, Loews executive vice president Alex Tisch promised the hotel will be beautif…

According to a recent article by Pew Research, in 2016 the number of U.S. households being rented rose to 36.6%, the highest rate in 50 years. With a rising millennial population, experts are estimating that this trend is going to continue to grow. Let's take a glimpse at the future of the renting market in particular amongst major cities like Memphis, Tennessee and how it has never been a better time to invest in property in the area. Amongst the top 50 metropolitan cities in the U.S., 29 were populated by a majority of renters (over 50%) in 2…

This month the Shelby County Commissioners expressed support for an estimated $42 million in tax dollars to be spent over the next 20 years to improve the walkability and infrastructure to the Poplar Corridor Business District in East Memphis. Poplar Avenue has long been considered the main business artery in Memphis, but over recent years city growth has led to this avenue becoming unattractive, narrow, and difficult to drive. Although the area has been doing fantastic financially, infrastructure items like parking, sidewalks and powerlines ha…

Nestled against the mighty Mississippi River in the southwest section of Tennessee is the charming city of Memphis. Here you can live a cultured life without spending every cent that you earn on rent. If you're looking for good reasons to rent a home in Memphis, they are numerous. Affordable Cost of Living Forbes magazine recently revealed its list of the most livable American cities with low costs of living. Not surprisingly, Memphis came in at #2 right behind Buffalo, New York. From the price of rental housing to utility rates, to the cost o…

Reedy and Company Realtors, a property management company in Memphis, Tennessee, proudly attended the recent RealWorld Property Management Conference 2018. The conference was held in Las Vegas and is widely recognized as the leading conference-style event for companies in the property management industry. There were numerous keynote speeches covering topics as diverse as ‘Leveraging an online payment platform to mitigate risk,’ to ‘Keeping every square foot covered commercial and financial solutions.’ The management team at Reedy and Company Re…