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Update: This article has been updated for additional context and information from Tuesday's City Council meeting The Sheraton Memphis Downtown Hotel has a possible buyer — if they can navigate ...
Members of the Justice Department’s Civil Rights Division plan to discuss the report during a Thursday morning news conference, followed by a rebuttal by the city of Memphis with its own press ...
The City told MBJ that it plans to acquire the hotel via 501(3)(c) bonds, a rare but not unheard of method for large-scale investments in Memphis. For example, $72 million in tax-exempt bonds were ...
The Sheraton Memphis Downtown Hotel has a possible buyer — if they can navigate through government processes. The City of Memphis is trying to purchase the Sheraton hotel, according to City ...