Posted on March - 28 - 2010

Coffee Break: Center opens for high-risk pregnancies

UT Medical Group Inc. has opened the Center for High Risk Pregnancies for women who have or are at risk for pregnancy complications.

The center is at 6215 Humphreys in the Baptist Women’s Hospital Physician Office Building.

The center covers a range of complications, such as premature birth, gestational diabetes and suspected birth defects, with services that include ultrasound, chorionic villus sampling, amniocentesis prenatal tests and fetal echocardiography for heart studies.

Center director Dr. Michael Schneider is joined there by reproductive geneticist Dr. Owen Phillips and maternal-fetal medicine specialist Dr. Giancarlo Mari.

For more information, go to thechrp.com.

Top 5 for real estate

The “Today Show” real estate expert ranks Memphis among the nation’s top five for cities positioned to lead a rebound in residential real estate.

Appearing on the NBC show this week, Barbara Corcoran said Memphis is primed for recovery despite relatively high foreclosure and unemployment rates.

She emphasized that the median price for homes in Memphis has risen 21 percent since 2008.

As a distribution center with multiple interstates and railroads, Memphis is ripe for strong employment, she said. People filling the jobs created by FedEx and other companies involved in distribution will need housing, Corcoran said.

The other four cities were Charleston, W.Va., Pittsburgh, Phoenix and San Francisco.

Home2 Suites in Mexico

Home2 Suites, a recent addition to Hilton Worldwide’s Memphis-based family of hotels, has been approved to develop mid-tier extended-stay lodging south of the border.

The new brand, which hopes to open its first hotel before year’s end, was launched early last year with a goal of opening 100 hotels in five years.

A franchise development team will conduct a development forum in Mexico City on May 19. The company was previously approved to develop in Canada.

Hilton’s Hampton Inn & Suites, Hilton Garden Inn and Homewood Suites are also based in Memphis.

Tunica casinos rebound

Mississippi’s casinos posted a strong rebound in money won from players in February.

The Mississippi State Tax Commission said the casinos won $222.3 million last month, up 15 percent from $192.3 million won in January. In addition, the February figure is up 3.6 percent from the $216.5 million gamblers lost in February 2009.

Casinos along the Mississippi River, including Tunica County and Natchez, enjoyed a 24.9 percent jump in revenue from January to February, taking in $126.6 million last month. Casinos along the Mississippi coast posted a 5.9 percent gain, winning $95.8 million.

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