RADCO Announces First Property In Tennessee

Friday, February 10, 2017

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, completed its first acquisition of 2017 with the closing of Mountain Creek apartments in Chattanooga. This is RADCO’s first property in Tennessee, and the company now operates in 10 states.

 

The 296-unit, Class C-plus property has been renamed Radius Mountain Creek.

Radius Mountain Creek will be proudly managed by RADCO Residential, the Company’s proprietary management platform. Radius Mountain Creek is RADCO’s 67th acquisition since 2011 and its third community marketed under its new Radius brand. The rapidly expanding Radius brand underscores RADCO’s belief that its residents’ wants and needs should be the center of focus in all of its day-to-day operations.



May 2018 Home Sales Review

Just like last year at this time, prospective home buyers should expect a competitive housing market for the next several months. With payrolls trending upward and unemployment trending downward month after month in an extensive string of positive economic news, demand remains quite strong. Given the fact that gradually rising mortgage rates often infuse urgency to get into a new ... (click for more)

AGC Of East Tennessee Now Offering Scholarships For Construction-Related Education

Associated General Contractors of East Tennessee says they are committed to building the next generation of construction professionals.  To that end, the organization is offering scholarships for college students who are pursuing a career in a construction-related education program at a non-proprietary, technical, community or four-year college or university.  Scholarships ... (click for more)

Attorney Davis Says Other Driver In Styles Case Pulled Gun While Driving Wildly; Denies Radio Host "Blacked Out"

Attorney Lee Davis said the other driver in a Friday road rage incident in Hixson pulled a gun on radio personality Jeff Styles while driving wildly.  He denied that the talk show host blacked out.  Jeff Styles, who was shot in the forearm, was charged with aggravated assault and vandalism. The other driver, Nickolas Bullington, was not charged. Police said ... (click for more)

Gerald McCormick Pulling Out Of House Race

Former House Majority Leader Gerald McCormick has decided to pull out of the House District 26 race and take a position with an engineering firm in Nashville. He told the Chattanooga Times Free Press the move would still give Republicans a seven-day window to find a replacement as the election nears. His wife, Kim, earlier took a position with the State Board of Regents in ... (click for more)

Will Chattanooga Miss Another Reinvestment Opportunity?

In April, First Tennessee Bank and the National Community Reinvestment Coalition announced an agreement on a $3.9 billion reinvestment plan for economic development in low to moderate income communities under the 1977 Community Reinvestment Act. The Chattanooga Times Free Press soon followed with an article reviewing the plan in depth. The plan presented Chattanooga, as well as ... (click for more)

Roy Exum: Are We Like Nazis?

Four years after William Styron’s best-seller ‘Sophie’s Choice,’ had achieved the highest height of an atrocity that the literary world had known at the time, a little girl who was birthed the same year as the book (1979) was cast as Meryl Streep’s daughter in the movie. The four-year-old blonde knew nothing about evil, not to mention the Holocaust, but she became enamored with ... (click for more)