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Tag Archives: real estate

Deerfield Golf Club owners say club on par

By JACK WEATHERLY Mark Twain is credited with saying that “golf is a good walk spoiled.” If he were to stroll across the 150 acres that had been Jackson’s Colonial Country Club till it closed last year, the famed author’s musing might not be disrupted, save for navigating the tall weeds that have overtaken the property. The new owners have ...

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Clinton office complex sold for $20.5 million

CLINTON — The Hertz Investment Group is adding to its dominant position in the metro Jackson office market. Hertz, based in Santa Monica, California, announced Friday that it has purchased the South Pointe Business Park in Clinton for $20.5 million. The 400,000 square-foot complex just south of Interstate 20 was built in 1996 as the headquarters for WorldCom. The Mississippi ...

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Tanger Outlets involved in Southaven project

SOUTHAVEN — Outlet mall operator Tanger is expected to announce soon its involvement in a project in Mississippi. Southaven Mayor Darren Musselwhite says the public part of the project has been addressed. Southaven and DeSoto County officials several years ago approved a $15 million tax increment financing plan in which bonds will be issued to pay for the infrastructure for ...

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Court hits David Watkins with $600,000 order over Retro Metro issues

  Jackson developer David Watkins must pay more than $600,000 in restitution and penalties for diverting money from a bond issue for converting the Metrocenter Mall’s former Belk’s store into City of Jackson office space. Chancery Judge Hollis McGehee ruled Thursday that Watkins had no authority to divert any of the $2.5 million in bond money intended for the Belk’s ...

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Foreclosures down, sales prices going up

There’s good news for various residential real estate markets around the state, presidents of three regional professional organizations report. Home foreclosures are down and the number of sales and average sales prices of homes have increased throughout Mississippi. “Our market is holding steady with a slight increase,” said Sandy Richardson, president of the Northwest Mississippi Association of Realtors. “We were ...

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Real Estate agents face changing policies as they learn how to protect themselves as they show houses

The murder in October of Arkansas real estate agent Beverly Carter brought attention once again to the need for real estate professionals to learn how to protect themselves. The National Association of Realtors, which designates September as Realtor Safety Month, has devoted a special section of its website to safety with videos, webinars and other resources for its members. Kathy ...

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Worker dies after falling from roof of 'Al Capone home'

OCEAN SPRINGS — A construction worker critically injured when he fell while working on the second-story roof of an Ocean Springs home has died. Jackson County Coroner Vicki Broadus said Gerald Moran, 42, died yesterday at Ocean Springs Hospital, where he had been comatose and in critical condition in the Intensive Care Unit for about a week. Moran had suffered ...

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Apartments receive first tax credit under Bryant's Health Care Zone initiative

BATESVILLE — Gov. Phil Bryant and local officials have cut the ribbon on the newly-renovated Skyview Apartments in Batesville. It represents the first development to open its doors that received a special award of Housing Tax Credits under the Governor’s Health Care Zone initiative. Bryant said. “This is exactly the type of project we envisioned when we asked developers to ...

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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 Fund received support from both ...

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