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Knoxville Biz Ticker: Cushman & Wakefield arranges multifamily sale

Knoxville Biz Ticker: Cushman & Wakefield arranges multifamily sale
The Knoxville News-Sentinel
2 hrs ago
Knoxville News Sentinel
Cushman & Wakefield arranges multifamily sale
KNOXVILLE, Tennessee, April 21, 2021 – Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of The Ridge at Hamilton Crossing, a 353-unit apartment community located in Maryville, Tennessee.
Jimmy Adams and Craig Hey of Cushman & Wakefield represented the seller who was affiliated with Tynes Development Corporation, in the transaction. StoneRiver, an investment company that has invested more than $1 billion in assets across the Southeast, acquired the property. This is StoneRiver’s first acquisition in Fund II and StoneRiver Property Management will be responsible for management. ....

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Knoxville Biz Ticker: Fireflies light up the nights in Market Square

Knoxville Biz Ticker: Fireflies light up the nights in Market Square
The Knoxville News-Sentinel
1 hr ago
Knoxville News Sentinel
Fireflies light up the nights in Market Square
Downtown Knoxville celebrates spring with Firefly Nights, an enchanting new light installation that adds a bit of sparkle to the trees of Market Square.
Inspired by the synchronous fireflies that attract thousands of visitors to Elkmont and the Great Smoky Mountains National Park every spring, Firefly Nights includes more than 12,000 lights that “flash” from sunset to sunrise through the end of June.
“With warm weather and longer days, Downtown Knoxville is the perfect place to find spontaneous fun for the entire family,” said Michele Hummel, executive director of the Downtown Knoxville Alliance. “People are excited to be getting safely out and about again, and we hope the creation of Firefly Nights can make being downtown even more special for them.� ....

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Knoxville Biz Ticker: "Craft Bear Nights" at Zoo Knoxville featuring craft beers and food return

Knoxville Biz Ticker: Craft Bear Nights at Zoo Knoxville featuring craft beers and food return
The Knoxville News-Sentinel
2 hrs ago
Knoxville News Sentinel
Craft Bear Nights at Zoo Knoxville featuring craft beers and food return
Knoxville, Tenn. (April 14, 2021) – Zoo Knoxville’s family-friendly “Craft Bear Nights” featuring craft beers, a food truck and special menu items from their own chef are back by popular demand. Craft Bear Nights will take place from 5:00 until 8:00 p.m. each Thursday in April.
Beginning at 5:00 p.m. selected craft beers will be available for purchase, the food truck will be on site, and special menu items exclusively available in the evening will be offered at the zoo’s restaurants. Wine, other beer selections, and non-alcoholic beverages are also available for purchase. ....

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Knoxville Biz Ticker: Local entrepreneurs acquire fitness machine technicians in East Tennessee

Knoxville Biz Ticker: Local entrepreneurs acquire fitness machine technicians in East Tennessee
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Knoxville Biz Ticker: SmartFinancial, Inc. announces acquisition of Sevier County Bancshares, Inc.

Knoxville Biz Ticker: SmartFinancial, Inc. announces acquisition of Sevier County Bancshares, Inc.
The Knoxville News-Sentinel
2 hrs ago
Knoxville News Sentinel
SmartFinancial, Inc. announces acquisition of Sevier County Bancshares, Inc.
KNOXVILLE, Tenn., April 14, 2021 – SmartFinancial, Inc., (Nasdaq: SMBK) (“SmartFinancial”), parent company of SmartBank, and Sevier County Bancshares, Inc., (“SCB”), parent company of Sevier County Bank, jointly announced today their entry into an agreement and plan of merger pursuant to which SmartFinancial will acquire SCB.
As of December 31, 2020, SCB had approximately $424 million of total assets, $381 million in deposits, and $243 million in net loans with six branches in Sevier County, Tennessee and one branch in Richmond, Virginia. The proposed transaction will improve SmartFinancial’s market share to #1 in Sevier County, Tennessee based on deposits as of June 30, 2020 and become the 4t ....

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