REALTY CHECK Maybe a day off for Christmas Th e local real estate market has always been seasonal. Now the season lasts 12 months. P3 DAVIDSONLedger • WILLIAMSON • RUTHERFORD • CHEATHAM WILSON SUMNER• ROBERTSON • MAURY • DICKSON • MONTGOMERY TENNESSEE TITANS A coach divided can’t make stand Head coach Vrabel has been a hit for the Titans. Defensive coordinator Vrabel hasn’t. P36 November 6-12, 2020 The power of information.NASHVILLE Vol. 46 EDITION | Issue 45 www.TNLedger.com FORMERLY WESTVIEW SINCE 1978 Mother Nature saves 2020 Rivers, lakes, mountains, trails help rescue state tourism from total disaster Story by Joe Morris begins on page 2 PERSONAL FINANCE Time to ponder your mortality Knowing your expected October 8 - 14, 2010 lifespan is vital to making sure you have enough Law & Government money to live comfortably. 08/26/2010, 10C3303 Publicern Express, Inc, James T Collins Recordsvs Rogers Group Inc, Pltf(s): James T Collins, Hampshire Insurance Company, Western Express, Inc, Def Atty(s): Pltf Atty(s): n/a, Def(s): Rogers Group Inc, Def Atty(s): Heather E John W Barringer, 08/30/2010, 10C3341 Hardt, 08/26/2010, 10C3308 Patricia McClarren vs Star Insurance Company, Westwood James A insideWells vs Jenco Construction & online Inc, Pltf(s): James A Church Of Christ, Wells, Pltf Atty(s): n/a, Def(s): Jenco Construction Inc, Def Atty(s): Def(s): Star Insurance Company, Westwood Church Of Christ, Def Jennifer S White, 08/25/2010, 10C3282 Atty(s): David John Deming, 08/30/2010, 10C3343 RealtyJessica CheckGrimwood ....................................... vs Intrepid USA Healthcare Services, Richard Dicaire vs Cbs Personnel Holdings Inc, Cbs CommunityPltf(s): Jessica Calendar Grimwood, Pltf ..........................Atty(s): n/a, Def(s): Intrepid USA Personnel Services LLC, Kilgore Group Inc Collectively Healthcare Services, Def Atty(s):TNLedger.com Clifford Wilson, 08/27/2010, Staffmark, Staffmark Investment LLC, Newsmakers ....................................... Pltf Atty(s): n/a, Def(s): Cbs Personnel Holdings Inc, Cbs Personnel P3 Judy R Lawson vs Nursing & Oneida, Pltf(s): Judy R Lawson, Services LLC, Kilgore Group Inc Collectively Staffmark, Staffmark Public PltfRecords Atty(s): David Harold Dunaway, Def(s): Nursing & Oneida, Def Investment LLC, Def Atty(s): Stephen B Morton, 08/26/2010, Public Notices and ForeclosuresJordan Sanders vs Dillons Welding Inc and Employers, Pltf(s): Jordan Sanders, Pltf Atty(s): Donald D Zuccarello, Def(s): Marketplace ....................................... ............................. 3 ............................... 22-33 4 6 8-16 36 Page 2 www.TNLedger.com NOVEMBER 6-12, 2020 TOURISTS RETURN TO NATURE State’s natural resources help soften financial losses from COVID-19 By Joe Morris ourism officials love gaudy economic-impact numbers. 5.9% increase and more than a point higher than the national growth Tennessee’s most recent report on travel doesn’t disappoint, rate; $5.22 billion in payroll, and a 195,000-member workforce. offering up record-breaking figures that are the envy of many Nashville and Davidson County led the way with $7.5 billion in other states. Unfortunately, the report is for calendar year tourism economic impact. Shelby County followed at $3.8 billion, T 2019. then Sevier County clocked in at $2.6 billion, Knox County with It’s a safe bet that 2020s tally won’t be as rosy, but the ever- $1.22 billion and Hamilton County at fifth with $1.21 billion. optimistic tourism community says that even so, the picture is far from The phrase “record-shattering” was used by the state when bleak. announcing these numbers, and they indicate a very robust destination That’s because officials across the state have been actively as a whole, says Mark Ezell, commissioner. recalculating and recalibrating everything from marketing and outreach “It was another record year for travel expenditures and job creation,” to business and attraction reports during the pandemic-related Ezell adds of 2019. “All the metrics we aspire to, we accomplished. We shutdowns and downturns. benefited from the groundwork that was laid by things like Ken Burns’ Coupled with assistance and support from the state, that’s already country music series, which will be sending people to Nashville and the meant an upswing after a very bleak spring, a fingers-crossed mentality rest of the state for several years as they view it. And of course, there about the remainder of 2020 and a renewed drive to make 2021 a was the NFL draft in Nashville, which brought 600,000 people in. We comeback year. have a lot of assets, and we were leveraging them all.” In order to put the severity of 2020 in context, a visit to 2019 is in In addition to urban activities, the state also benefits from its myriad order. outdoor opportunities. Anchored by the Smokies in the east, the state The 2019 Economic Impact of Travel on Tennessee report, recently offers, rivers, lakes, hiking and more across its breadth. That helps in a released by the Tennessee Department of Tourist Development, shows normal year, and it was a lifeline in 2020. the state posted solid tourism stats from one end to the other, top to “Having those outdoor assets became very important when bottom. COVID-19 hit,” Ezell says. “Our state parks, streams, lakes and Tennessee hit a record-high $23 billion in domestic and mountains became a focal point when sheltering at home began to be international travel spending, capping a decade of consistent growth. eased, and people wanted to get outside – but do so safely.” Tennessee also saw 126 million domestic person stays in 2019, up And after a horrible March and April, businesses were clamoring to 5.7% from 119 million in 2018. stretch their legs, as well. As a group, those visitors spent an estimated $64 million per day. After seeing some early misfires around poor social distancing and All those dollars fueled $1.92 billion in state and local tax revenues, a flare-ups in COVID cases, the state attempted to do its part by rolling continued on page 17 shutterstock.com NOVEMBER 6-12, 2020 www.TNLedger.com Page 3 Blame the Californians Reality isn’t morbid Calendar matters little in The upside to new real estate marketplace thinking about “To everything there is a season.” when you will die Th e Hebrew Bible used the phrase fi rst in Social Security’s life expectancy Ecclesiastes 3:1-8, then calculator predicts I’ll live to about 86. the Byrds, a folk/pop/ An insurance company’s version says I RICHARD COURTNEY rock band, borrowed should expect to die at 98. A longevity REALTY it in 1965 for “Turn! calculator created by actuaries demurs, CHECK Turn! Turn!” featuring putting the odds at only 32% that I’ll Roger McGuinn on the LIZ 301 Demonbruen St. #1402 WESTON make it to 95. 12-string Rickenbacker Eventually, I’ll fi nd out which with skepticism. Ledger PERSONAL guitar. FINANCE life expectancy calculator was most And for not quite as long, the principle When Tony Giarratana announced plans to construct the 31-story Viridian accurate. In the meantime, the diff erent has rung true for Nashville real estate. The power of results help illustrate one of the Th e seasons have become less defi nable high-rise, which opened in 2006, critics emerged ballyhooing their argument that information. most important and diffi cult calculations in retirement over the years once the Californians joined planning: Figuring out when it will end. the throngs of people moving from the East no one would want to live downtown. Th eir Published weekly by Westview Newspaper, LLC People who underestimate their life expectancy could and now the Midwest. Using pre-COVID argument was based on the fact that very few people lived in the urban core at that time, save too little for retirement and run short of cash. People numbers from April 2019, there were 1,279 222 Second Ave. N. Suite 101 who overestimate how long they’ll live might stay in sales in Davidson County in what would and the neighborhood lacked such necessities Nashville, TN 37201 as a grocery store and other services most (615) 254-5522 the workforce longer than they want to or spend less in have been considered the spring market. FAX: (615) 254-5525 considered essential to day to day life. retirement than they could. Th is year, COVID or not, there were Monday-Friday 9 a.m.-5 p.m 1,299 Davidson County sales in October in As a matter of fact, less than 500 people Why it matters what would have been deemed the end of called downtown home when the Viridian President & Chairman Assumptions about life expectancy can make a dramatic was announced. Peter Schutt diff erence in retirement strategies. For example, people the fall market. Publisher & CEO With more than 2,000 sales pending at By the end of 2019, 13,000 people Eric Barnes who expect their retirement to last 20 years could present in the county, November looks to resided in housing in the downtown area, Associate Publisher withdraw 4.7% of their nest egg the fi rst year and have the Downtown Partnership reported, and & Executive Editor be another stellar month, thereby debunking Lyle Graves a 90% chance their money would last, according to once and for all the theory of seasonality that some predict there will be 21,000 urban [email protected] calculations by David Blanchett, head of retirement has been the gold standard for residential dwellers within the next few years. Planning Editor research at Morningstar, an investment research fi rm. To Don Klein of Don Klein Consulting Cindy Smith real estate sales for years. [email protected] have a similar success rate with a 30-year retirement, the was the CEO of the Greater Nashville J.