News from the South - Tennessee News Feed
Nashville sees major decreases in rent
SUMMARY: Rent prices in Nashville have seen significant drops, with some of the largest annual decreases in the country. The city’s rental market has been boosted by incentives like free rent and referral bonuses. Experts attribute the price drops to an increase in supply, with the South seeing a rise in multifamily home completions. However, Joel Sanders from Apartment Insiders predicts rents will stabilize or even rise slightly by March 2024, as landlords prioritize occupancy. Demand for apartments remains strong due to the influx of people moving to the area, suggesting potential rent increases in the near future.
Nashville is seeing some of the largest annual decreases of rent in the country.
News from the South - Tennessee News Feed
Family of Israeli man shot to death in South Memphis claims he was targeted
SUMMARY: Aiv Brook, a 21-year-old locksmith, was shot and killed in South Memphis while responding to a late-night job. His family believes he was lured into a trap and is seeking federal involvement, suspecting a targeted attack due to his Israeli heritage. Brook was shot four times, and his Israeli passport was reportedly taken. While Memphis Police state there’s no evidence of a hate crime, they are continuing their investigation. Ross Flick, executive director of Bayar Us, advocates for accountability and justice for Brook’s family, highlighting the tragic loss of a young life amidst rising concerns about violence.
A man was shot and killed in South Memphis while doing his job, and police say his killer is still on the loose. READ MORE: https://www.fox13memphis.com/news/family-of-israeli-man-shot-to-death-in-south-memphis-claims-he-was-targeted/article_42024b46-a8db-11ef-9e19-2325d97e305f.html
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News from the South - Tennessee News Feed
Venezuelan gang member arrested in Chattanooga, TBI says
SUMMARY: Tennessee law enforcement, in collaboration with authorities in Chattanooga, arrested four individuals connected to an illegal sex trafficking operation in Hamilton County. Charges include prostitution, drug possession, and weapon offenses. One suspect, Adelvis Rodriguez-Carmona , is linked to the Venezuelan gang Tren de Aragua, which operates across major cities. The gang is difficult to track due to its members’ frequent movement. Rodriguez Carmona is also suspected of violent crimes in Chicago and New York City. Despite outreach to law enforcement across East Tennessee, many counties were unaware of the gang’s presence in their areas.
The TBI said Adelvis Rodriguez-Carmona is a “known member of Tren de Aragua,” and is suspected of violent crimes in Chicago and New York City.
News from the South - Tennessee News Feed
State Funding Board approves $6.8M in FastTrack grants | Tennessee
SUMMARY: The Tennessee State Funding Board approved $6.8 million in FastTrack incentive grants, with significant amounts allocated to TruGreen, Schneider Electric, and Denso Manufacturing. TruGreen received $2 million for relocating its headquarters to Franklin, creating 135 net jobs with an average wage of $72.39. Schneider Electric received $4 million to add 400 jobs and invest $85 million in Wilson County, offering jobs at $26.53 an hour. Denso was awarded $1.8 million for a $100 million expansion in Athens, expected to create 200 jobs at $31.39/hour. The FastTrack program currently has $165.7 million in uncommitted funds, with 73% already allocated.
The post State Funding Board approves $6.8M in FastTrack grants | Tennessee appeared first on www.thecentersquare.com
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