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Real Estate & Construction

BRIAN ESTES — Three things to do ahead of the commercial real estate downturn

Much talk has been made over the past year as to the timing of a potential commercial real estate (CRE) downturn.  If there is any certainty in this industry is that the real estate market will make its cycle from recession to recovery and then eventually back to recessionary times.  Most investors may not agree to the timing, but all ...

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Thornton joins Mike Rozier Construction Co. and Rozier Investments LLC

Robyn Thornton has joined Mike Rozier Construction Co. and Rozier Investments LLC as the group’s first ever chief financial officer. Prior to this role, Thornton was controller at Lott Enterprises, Inc. in Greenwood. A Carrollton native, Thornton joins to Mike Rozier Construction and Rozier Investments with over 15 years of financial services expertise. She holds a master’s degree in business ...

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US home sales tumbled 1.2 percent in January

WASHINGTON • U.S. home sales fell 1.2 percent in January to their worst pace in more than three years, as persistent affordability problems have put a harsh chill in the real estate market. The National Association of Realtors said Thursday that sales of existing homes declined 1.2 percent to a seasonally adjusted annual rate of 4.94 million last month, the ...

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BRIAN ESTES — Preferred investment property types of high net-worth investors

In my last article, published in January, I addressed why high net-worth investors (HNWIs) should allocate to commercial real estate (CRE) as opposed to other alternative asset classes.  Those reasons included were: preservation of wealth; cash flow; appreciation; tax purposes and estate planning.  Although I went into detail in each of these reasons I didn’t touch on the types of ...

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Hankins named president of Mississippi Commercial Association of Realtors

William (Bill) Hankins, a Real Estate Broker in Jackson, has been named president of the Mississippi Commercial Association of Realtors. Hankins has been recognized by the industry’s top exchange CoStar, with a Top Broker award for past 6 years. He is also an Honorary Life Member of the Mississippi Economic Development Association where he was also a Past President.

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Spaceship-style university cafeteria reopens after overhaul

Delta State University students are once again eating in their flying saucer. The university has marked the reopening of the Young-Mauldin Cafeteria after a $9.2 million renovation. The 1964 building is a landmark on the Cleveland campus, with its rounded exterior and silver-domed roof. But university officials say it had gotten outdated. The university started a renovation in 2017, with ...

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Key Constructors promotes Smith to VP

Stephen L. Smith, PE, was recently promoted to vice president of procurement for Key Constructors LLC in Madison. Smith has worked for Key Constructors since 2003 as a professional engineer and lead estimator. As Vice President of Procurement, Smith manages supplier and vendor contracts, acquisitions, and bid proposals. Key is an engineer-based construction company that utilizes innovative construction methods for ...

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