by Associated Press Published: March 1,2012
Tags: banking, Banks, casinos, Conventions, debt, entertainment, finance, financial institution, gambling, gaming, hospitality, hotels, lodging, meetings, refinancing, resort, restaurants, tourism, tourists, visitors
CHOCTAW — The Mississippi Band of Choctaw Indians has signed a debt refinancing agreement for the Pearl River Resort in Neshoba County and the Bok Homa Casino in Jones County. The new loan is for $78 million at a 6 percent variable rate for five years. The agreement was signed yesterday by Chief Phyliss J. [...] [...]
SOUTHAVEN — Southaven Mayor Greg Davis co-owns an oceanfront Florida condominium with a developer who’s received more than $3.4 million through real estate deals with the city since 2008. The developer, Chuck Roberts, more popularly known as the public address announcer at the University of Memphis Tigers basketball games, bought the $500,000 luxury condo with [...] [...]
by Associated Press Published: December 9,2011
Tags: banking and finance, federal government, financial institutions, home improvements, home ownership, homeowners, homes, houses, loans, real estate, refinancing, residences, residential real estate
BILOXI — Biloxi residents learned this week about an FHA loan program that will let them borrow up to $271,050 to buy, refinance or improve their homes. The Sun Herald reports the Federal Housing Administration 203(k) loan program is designed to rehabilitate the nation’s older homes. Bo Smith, a mortgage financing expert from Jackson, says [...] [...]
Lexaria Corp. completed an equity financing and restructuring that will support ongoing operations. After issuing 3.67 million new shares to complete the recent financing and partial debt settlement, Lexaria will have approximately 9.76 million shares issued and outstanding. There are a total of 500,000 stock options issued and outstanding. Lexaria reports its existing wells continue [...] [...]