Transfer:  1600 Riverside Drive, Monroe, LA
Instrument Type:  Dation En Paiement
Transferor:  Ingold Investments, LLC
Transferee:  Fairytail, LLC (Officers:  Joseph and Nourie Hakim)
Amount:  Unknown
Explanation:  The above property has transferred ownership via Dation. 
The original mortgage note on the apartment complex has been sold two or
three times and Fairytail, LLC held the note at the time of the Dation En Paiement. 
A Dation En Paiment in Louisiana is when instead of paying a sum of money due
on a pre-existing debt, the debtor gives and the creditor agrees to receive a movable or immovable.  In this case, the debtor agreed to give the property and the creditor agreed to receive the property instead of paying the sum of money due.  

Sold: Dollar General Retail – Build to suit project (Jonesboro Road,
West Monroe)
Date recorded: 4/27/12
Seller: West Monroe Dg, LLC
Buyer: Arc Dgwmra001, LLC
Price: $1,185,276
Note: The above information is for reference only
And should not be relied upon with proper verification.
Source: The Legal Recorder

Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
(318) 387-9092
(318) 325-5776 – fax
(318) 801-0950 – cell
[email protected]
https://mikegrahamrealestate.com
http://realestate.mgmai.com/

Sold:  Vacant land on Forsythe Avenue
Date Recorded:  April 23, 2012
Seller:  Iberiabank
Buyer:  Thara Ventures, LLC
Price:  $530,000 (Approximately $7.14 / SF)
Legal:  Lots 1 – 3 of Iberiabank Subd. 
Note:  The above information is for reference only
and should not be relied upon without further verification. 

Power Line’ Impact on Sales Depends on Property

http://www.appraisalinstitute.org/newsadvocacy/news/2012/power-lines-impact-on-sales_032012.aspx



Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
(318) 387-9092
(318) 325-5776 – fax
(318) 801-0950 – cell
[email protected]
https://mikegrahamrealestate.com
http://realestate.mgmai.com/

Sold:  105 Logan Lane / 10 unit apartment complex
Date:  April 17, 2012
Seller:  Del Spar LLC
Buyer:  We Rn Property Inc.
Price:  $485,000
Source:  The Legal Recorder
Note:   The above information is for reference only
and should not be relied upon without proper verification. 

Sold:  Shannon Oaks Apartments
Date Recorded:  April 2, 2012
Seller:  Saleah S.O., LLC
Buyer:  Blake Management, LLC
Price:  $100 and OVC
Mortgage:  $1,950,000 to Cross Keys Bank (The Legal Recorder)
Source:  Conveyance record / The Legal Recorder/ Assessor Website
Note:   The above information is for reference only and should not
be relied upon without further verification. 

Sold:  Lots 9 & 10, Sq. B, Desiard Plaza (Danken Trail Bar-B-Q)
Date Recorded:  April 2, 2012
Seller:  Daniel E. Bannister, et ux
Buyer:  Johnson & Midyett, LLC
Price:  $846,000
Source:  Daily Legal News / Parish Assessor Website
The above information should not be relied upon
without proper verification. 

Sold:  Vacant commercial site on Forsythe Avenue (Across from Taco Bandido)
Date Recorded:  March 29, 2012
Seller:  Sig Masur & Sons, Inc.
Buyer:  Howberts, LLC
Price:  $420,000
Legal:  Sq. 1, Oak Park Addn, Lots 8-11
Source:  The Legal Recorder
Note:  The above information is for
reference only and should not be relied
upon without further verification. 

Dick’s Sporting Goods coming to Pecanland

Source:  The News Star World
Written by:  Greg Hilburn


http://www.thenewsstar.com/article/20120314/NEWS01/203140315/Dick-s-Sporting-Goods-coming-Pecanland

Sold:  2500 North 7th Street / Richland Towers
Property Type:  Multi-tenant office building / bank branch
Seller:  ZEG Ventures LLC
Buyer:  B&W Investments of Monroe, LLC
Price $4,450,000
Note:  The above information is for reference only and should not
be relied upon without proper verification. 
Source:  The Legal Recorder, Inc.