
The New Orleans historic restoration company that helped to bring Jackson’s King Edward Hotel and Standard Life Building back to life has returned to the Capital City to transform a row of circa 1928 storefronts across the street from the King Edward into urban lofts. HRI Properties expects to begin work on the $20 million [...] [...]
by MBJ Staff Published: April 5,2013
Tags: campaign, credit union, financial institution, home, homeowner, homeownership, house, marketing, public relations, real estate, residence, resident, residential real estate
JACKSON — HOPE (Hope Enterprise Corporation/Hope Credit Union) has helped launch Home Matters, a national movement to build public support for the concept of homeownership. Home Matters is spearheaded by the National NeighborWorks Association (NNA), a coast-to-coast coalition of housing and community development organizations, other nonprofits, companies and the public at large. The launch took [...] [...]
by Associated Press Published: April 5,2013
Tags: casino, city government, Commercial Real Estate, community development, construction, demolition, developer, development, economic development, employ, employee, employer, employment, job, real estate, residential rewal estate, retail, retailer, retailing, shop, shopper, shopping, shopping center, work
D’IBERVILLE — The city of D’Iberville is clearing the way for another major retail center along Interstate 10 and a casino on Back Bay. A developer has acquired nearly 80 acres at the I-10 junction with Interstate 110. The homes and businesses there will come down by the end of the year and Mayor Rusty [...] [...]
by Associated Press Published: April 3,2013
Tags: annexation, city government, consultant, dispute, municipal, municipality, property, real estate, tax, taxpayer
D’IBERVILLE — The annexation battle between Biloxi and D’Iberville is finally over, and representatives for D’Iberville say they are the winners. The area in dispute was along Mississippi Highway 67. The state Supreme Court on March 21 upheld the annexation ruling that kept in Harrison County part of the annexation area requested by both cities [...] [...]
by Associated Press Published: April 2,2013
Tags: bowling, bowling alley, Commercial Real Estate, development, reail center, real estate, redevelopment, retail, retailing, shop, store
VICKSBURG — Crews are clearing away the old Red Carpet Lanes bowling alley to make way for a retailing center on Clay Street. The Vicksburg Post reports the sale of the property closed last week. The new owners are Baton Rouge, La.-based developers Michael and Mitch Kimble of Kimble Development. Four buildings are in the [...] [...]
Micah McCullough, CCIM, vice president, UCR Properties, LLC, a division of the Underwood Companies, was named the 2012 Commercial Realtor of the Year by the Mississippi Commercial Association of Realtors (MCAR). The group commended McCullough’s commitment to the association, the Realtor values and the commercial real estate community. McCullough was also appointed as the 2013 [...] [...]
by MBJ Staff Published: March 29,2013
Tags: expand, expansion, foreign market, global, home, house, housing, international, land, mortgage, property, real estate, residence, resident, technology
OXFORD — FNC Inc., a mortgage technology company, took its operations global this week, officially opening an office in Sao Paulo, Brazil. Last fall, Sao Paulo-based Cetip — Latin America’s largest depository of fixed income securities — selected FNC to deliver a comprehensive collateral management solution for the Brazilian mortgage industry. “We at Cetip are [...] [...]
by Associated Press Published: March 25,2013
Tags: acquisition, buy, charitable organization, charity, city government, community development, construction, home, house, land, municipal, municipality, nonprofit, property, purchase, real estate, residence, residential real estate, sale, sell
HORN LAKE — Horn Lake is planning to sell some city-owned property to Habitat for Humanity for seven homes to be built by the nonprofit agency. The Commercial Appeal reports that aldermen voted last week to declare seven lots as surplus. Three appraisals will determine their fair market value — and thus the sale price. [...] [...]
by MBJ Staff Published: March 15,2013
Tags: demand, forclosure, home, home prices, house, housing, market, mortgage, mortgage technology, property, property vaslues, real estate, recession, residential real estate, supply
OXFORD – The latest FNC Residential Price Index (RPI) indicates that U.S. property values continued to recover through January — the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread, according to the Oxford-based mortgage technology [...] [...]
MCCOMB — The McComb Board of Selectmen has defeated a proposal to require rental property owners to obtain a privilege license and have their properties inspected annually. The Enterprise-Journal reports the board voted 4-2 against the proposed ordinance. Urban planner Laurence Leyens had told board members this past week that people make a living from [...] [...]