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  Jerry Wexler, a prominent music producer and executive, played a significant role in the music industry, particularly in the realm of soul and R&B music. While he is associated with numerous artists and projects, his involvement with Stax Studios in Memphis, Tennessee, primarily involved artists from Atlantic Records, where Wexler was a partner and influential figure. In the 1960s, Jerry Wexler facilitated a deal between Atlantic Records and Stax Records, allowing certain Stax artists to record at Atlantic's studios in New York City while also bringing Atlantic's artists to record at Stax Studios in Memphis. This arrangement aimed to expand the musical collaboration and exposure for both labels. Some of the artists associated with Atlantic Records who recorded at Stax Studios through this arrangement include: Aretha Franklin: Known as the "Queen of Soul," Aretha Franklin recorded several albums at Stax Studios, including her critically acclaimed album "I Ne...

  A mini-perm loan is a type of interim financing commonly used in real estate development projects, particularly for commercial properties. It is designed to provide short- to medium-term financing to developers or investors until the project achieves certain milestones or becomes eligible for long-term permanent financing. Here are some key characteristics of mini-perm loans: Short to Medium-Term : Mini-perm loans typically have a term ranging from two to five years, although the exact term can vary depending on the lender and the specific terms of the loan agreement. Bridge Financing : Mini-perm loans serve as a bridge between the initial construction or development phase of a project and the point at which the project becomes stabilized or eligible for long-term permanent financing. They provide funding to cover construction costs, leasing expenses, and other project-related expenses during the interim period. Interest-Only Payments : During the term of the mini-perm loan, borr...