Realty Firm Says It Did Not Receive Share Of Earnest Money On Walnut Street Transaction

Wednesday, April 03, 2013

A realty firm has filed suit in Chancery Court saying it did not receive a share of earnest money on a transaction on Walnut Street.

Greater Downtown Realty (KW Commercial) and managing broker Robert Moss filed suit against Walnut Street Enterprises and Claudette C. Braly of Georgetown, Tex., general partner of Walnut Street Enterprises.

The suit lists attorney Ronnie Berke as another general partner of WSE.

It says on Feb. 22, 2011, realtor Jelena Butler obtained an exclusive seller listing for a former dentists office by the Walnut Street Bridge owned by WSE. Ms. Butler at the time was with Grubb & Ellis and she later joiined KW Commercial.

The suit says Ms. Butler entered into a purchase and sale agreement with Vision Hospitality for the sale of the property. The firm was considering building a boutique hotel there, but later decided against proceeding.

The suit says $50,000 in earnest money was paid, but KW did not get its share of the money.

The complaint asks for $37,500 in damages.

Attorney James Hurst Jr. filed the suit.


Tennessee Housing Development Agency Awards Habitat For Humanity With State Funding

Habitat for Humanity of Tennessee, an organization supporting 50 Habitat affiliates serving 62 counties throughout Tennessee, received a $500,000 grant from the Tennessee Housing Development Agency’s Housing Trust Fund toward the construction of 30 homes statewide.   Locally, Habitat for Humanity of Greater Chattanooga Area was  given an allocation of $15,500 ... (click for more)

Chattanooga Collaborative Senior Housing Concept Presented Thursday

The Chattanooga Collaborative Senior Housing concept was presented outlining a model for a shared lifestyle in an urban setting to a group of senior citizens at the Mean Mug Coffeehouse on Thursday.  The group seeks additional seniors (55 and up) to join with them in establishing a model in Chattanooga that encourages community engagement and longer life by design.  “What ... (click for more)

Downtown Chattanooga Apartment Complex Fetches $15 Million

Walnut Commons, the first downtown apartment complex built in many years, sold for $15 million, one of the developers said. John Clark said the initial estimate on the project was $11 million and it wound up costing around $12 million to build. "We're very pleased with the sale," he said. Mr. Clark, along with partners David Hudson and Bob McKenzie, are selling their stock ... (click for more)

Hamilton County Principal Ronald Hughes Named Tennessee's 2014-15 Principal Of The Year

A Hamilton County elementary school principal and an Anderson County supervisor have earned top honors for their work in Tennessee education. Ronald Hughes, principal of Apison Elementary School in Chattanooga, was named Tennessee’s 2014-15 Principal of the Year. He has served as principal at Apison Elementary for the past six years, and spent three decades working in Tennessee ... (click for more)

Congratulations To Ron Hughes

Hearty congratulations to Ron Hughes for being selected as Tennessee State Elementary Principal of the Year for 2014. Wherever Ron has been assigned as principal, he has exhibited strong leadership both academically and morally. His faith in God and his love for the students of Hamilton County have guided his actions and everyone that has benefited from the excellent education ... (click for more)

Roy Exum: Brittany’s Days Dwindle

So here we are, facing what is known as “Devil’s Night” before Halloween comes, and the almost macabre news now comes that Brittany Maynard, the beautiful girl who has chosen to end her life as soon as Saturday, is struggling to meet her own deadline. She has inoperable brain cancer and, at best, only months to live. The 29-year-old, who was married shortly before her devastating ... (click for more)