Posts Tagged ‘real estate’

Report: Mississippi sees biggest hike in home insurance premiums in U.S.

ACROSS MISSISSIPPI — Average annual home insurance premiums in Mississippi increased 15.5 percent during the second quarter of 2014, the largest hike of any of the 25 states that experienced increases, according to the HomeownersInsurance.com Premium Report. The average climbed to $1,170 a year. Nationally, premiums rose to $829 during the quarter, about 2.1 percent […] [...]

Pickwick Pines settles lawsuit; pays $260K

IUKA — Pickwick Pines Resort and its owner have agreed to pay $260,000 to settle a consumer protection lawsuit that the state attorney general filed in federal bankruptcy court. The Northeast Mississippi Daily Journal reports that the resort’s owner, David McMeans, will pay $10,000 to the attorney general’s Consumer Protection Fund. He also will pay […] [...]

Supreme Court rules for city in annexation case involving hospital

OXFORD — The Mississippi Supreme Court has upheld a state judge’s order that lets the city of Oxford annex the site of Baptist Memorial Hospital-North Mississippi’s new hospital. In March 2013, a Lafayette County chancery judge ruled in favor of several landowners who petitioned the court to allow Oxford to take in the property. The […] [...]

Chinese drywall manufacturer fined, banned from doing business in U.S.

NEW ORLEANS — A federal judge has ordered a China-based maker of drywall to pay $55,000 in penalties and attorney fees — and to stop doing business in the United States — as punishment for refusing to take part in court proceedings over harm allegedly done by the product. U.S. District Judge Eldon Fallon found […] [...]

Jackson State looking to buy apartments to house students

JACKSON — Jackson State University wants to buy a 444-bed apartment complex adjoining its campus. The College Board today voted to move toward leasing the Palisades apartment complex while keeping open options to buy it. The board gave Higher Education Chancellor Hank Bounds and board Finance Committee Chairman Ed Perry the power to work out […] [...]

Illinois firm buys Dogwood Festival for undisclosed sum

FLOWOOD — Inland Real Estate Income Trust Inc. of Oak Brook, Illinois, has acquired the 187,610-square-foot Dogwood Festival Shopping Center in Flowood, Mississippi. Lou Quilici, senior vice president of IREIT Business Manager & Advisor Inc., facilitated the transaction. Constructed in 2002, Dogwood Festival Shopping Center is 97.8 percent leased to 36 tenants, including T.J. Maxx, […] [...]

Court grants Gulfport’s request to drop annexation lawsuit

GULFPORT — The Mississippi Supreme Court has dismissed the appeal of an annexation lawsuit between the cities of Gulfport and Biloxi over a contested piece of land along the Mississippi Highway 605 corridor. The court granted Gulfport’s motion yesterday. Biloxi and Gulfport have been battling over the same territory since 2009. Both cities are located […] [...]

Five historic properties added to National Register

AROUND MISSISSIPPI — A Mississippi turn-of-the-century car dealership, African American cemetery, two public schools, and a historic district are now on the National Register of Historic Places. The Department of Interior recently approved the listings on the recommendation of the Mississippi National Register Review Board. The Christian and Brough Building, one of the first automobile […] [...]

Report: More than 6.5M U.S. homes at risk for storm surge

MISSISSIPPI GULF COAST  — CoreLogic has released its 2014 storm surge analysis featuring estimates on both the number and reconstruction value of single-family homes exposed to hurricane-driven storm surge risk within the United States. According to the findings, more than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm […] [...]

Gulfport wants to dismiss appeal in fight with Biloxi over annexation

GULFPORT and BILOXI — The fight between the cities of Gulfport and Biloxi over a contested piece of land along the Mississippi Highway 605 corridor may be a step closer toward resolution. Gulfport has asked the Mississippi Supreme Court to dismiss its appeal of an earlier court ruling. The vacationing Supreme Court has not ruled […] [...]

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