Archive for the ‘REAL ESTATE – Market Sector’ Category

Molpus closes Fund after more than $662M in commitments

JACKSON — The Molpus Woodlands Group, LLC, a timberland investment management organization (TIMO) headquartered in Jackson, Mississippi, has executed the final closing of Molpus Woodlands Fund IV, L.P., with commitments of $662.5 million,inclusive of commitments to parallel funds. The Fund was oversubscribed and exceeded its target of $500 million in 12 months from the first close. The […] [...]

Cochran calls on EPA for review of Yazoo Backwater Project

WASHINGTON, D.C. – U.S. Sen. Thad Cochran (R-Miss.) is asking for an independent peer review of the decision that halted completion of the Yazoo Backwater Project, a flood control project for the lower Mississippi Delta. Cochran requested approval for an independent peer review from Gina McCarthy, administrator of the Environmental Protection Agency (EPA), following a […] [...]

NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday

by Published: October 23,2014

Tags: Business, healthcare, Mississippi, real estate

This week, Madison County will take a giant step forward in the world of high-tech health care.   The Mississippi Bio-Medical Business Collaboratory will be introduced Friday with visits from the governor and other luminaries. Located at 152 Watford Parkway Drive in Canton, the Collaboratory will be home to a diverse array of health care […] [...]

JRA plans image makeover, hires crisis manager

by Published: October 23,2014

Tags: Business, Farish Street, HUD, Mississippi, money, NEWS, real estate

The Jackson Redevelopment Authority has conceded it has an image problem and is getting professional help to fix it. The agency widely known for the low priority it puts on transparency wants a makeover in public perception. It’s hired Yellow Brick Media Concepts of Jackson to provide it. The board received a proposal from Yellow […] [...]

Realtors chooses Nita Wingard

by Published: October 20,2014

Tags: Central Mississippi Realtors, Nita Wingard

Central Mississippi Realtors has selected Nita Wingard as its first director of communications and public relations. Wingard began her career in marketing and community support at the University of Southern Mississippi’s Institute for Disability Studies.  She has previously worked in various capacities of non-profit organizations over the past seven years including roles such as housing […] [...]

Court rules in dispute over Coast condo/yacht club development

KILN — The Mississippi Supreme Court has upheld a state judge’s decision that all of Nicola Road in Hancock County is a public thoroughfare. The Supreme Court’s decision means Jourdan River Estates, LLC can begin the development of 472-unit condo and yacht club development on the Jourdan River. Jourdan River Estates, LLC owns 269 acres […] [...]

BankPlus, FHLB Dallas, Habitat help low-income get home repairs

A collaborative effort among BankPlus, the Federal Home Loan Bank of Dallas and Habitat for Humanity Mississippi Capital Area means 35 low-income homeowners will get critical repairs to their dilapidated homes. FHLB Dallas and BankPlus — an FHLB Dallas member institution — have awarded HFHMCA a $253,750 Affordable Housing Program grant to help fund its […] [...]

Getting state office tenants could be challenge for revived Landmark

by Published: October 9,2014

Tags: Business, Downtown Jackson, Mississippi, real estate

While making ambitious plans to convert Jackson’s Landmark Center to a mix of apartments, offices and retail, the building’s new owners want to recruit office tenants for the four floors situated below the two top floors designated for apartments. Each floor has about 50,000 square feet. A Cushman & Wakefield study in 2011 put leasing […] [...]

BancorpSouth moves Houston office into Friendswood facility

TUPELO — BancorpSouth Bank has opened a loan production office in the Houston, Texas, suburb city of Friendswood. BancorpSouth initially opened an office in temporary office space just over five months ago in a Southwest Houston location. The office recently moved to its new location at 699 South Friendswood Drive, Suite 107. The move enhances […] [...]

Judge: Homeowners eligible to share damages in Chinese drywall case

NEW ORLEANS — A federal judge has ruled that nearly 4,000 homeowners who say Chinese drywall ruined their homes are eligible to share any further damages he may award in lawsuits against Taishan Gypsum Co. Ltd., a government-owned manufacturer that failed to show up in court. Notices of U.S. District Judge Eldon Fallon’s order were […] [...]

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