Posts Tagged ‘commercial real estater’

Real estate firm sees earnings, revenue rise while debt falls

by Associated Press Published: April 22,2013

Tags: commercial real estater, debt, earnings, office space, profit, property, publicly traded company, real estate, real estate investment trust, revenue

JACKSON — EastGroup Properties’ profit rose in the first quarter as revenues rose and debt payments fell. The real estate investment trust said quarterly profit rose 32 percent to $7.2 million, or 24 cents per share in the three months ended March 31. That’s up from $5.4 million, or 19 cents per share, in 2012′s [...] [...]

Former casino in disrepair while bankruptcy case continues

by Associated Press Published: January 23,2013

Tags: bankrupt, bankruptcy, bench, casino, city, commercial real estater, court, downtown, entertainment, gamble, gambler, gambling, gaming, judge, judicial, judiciary, justice, municipal, municipality, nightlife, property

VICKSBURG — More than nine months after the Grand Station Casino closed amid bankruptcy, the property near Vicksburg’s City Front is in disrepair as several issues are settled in court. In October, U.S. Bankruptcy Judge Neil P. Olack awarded the casino to M Street Inc. after it bid $400,000 for the 36,000-square-foot facility in a [...] [...]

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