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Tag Archives: real estate

PHIL HARDWICK — Replacement reserves applies to everyone

Several years ago, an acquaintance purchased an apartment complex near the downtown area. It was built 20 years earlier at a time when it was the place to be for renters who worked downtown. He was a successful medical professional, and the apartment complex was his first investment. He remarked that he got a good deal, which was important to ...

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County planners keep pause on development over water issues

A north Mississippi county is keeping a moratorium on development in areas served by a water association plagued by complaints about discolored water. The Oxford Eagle reports the Lafayette County Planning Commission has voted to maintain the ban on new water connections in the part of the county served by the Punkin Water Association. Jason Frye is president of the ...

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Golf carts prove successful in Ocean Springs, Pascagoula

OCEAN SPRINGS — When city leaders in Pascagoula and Ocean Springs adopted their respective ordinances to allow the use of street-legal golf carts in their downtown areas, it’s unlikely they could have anticipated how successful that move would be. City officials, police chiefs and business owners alike are extremely pleased with how well the use of golf carts on city ...

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Colonial Highlands rebrands, starts with apartment complex

By JACK WEATHERLY The owner of what had been called Colonial Highlands has rebranded the mixed-use development as NorthRidge to “position the property for future growth,” and has sold a parcel of land to Birmingham-based Arlington Properties to build a luxury apartment community as a cornerstone in the 152-acre development in northeast Jackson. Terms of the deal were not disclosed ...

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BRIAN ESTES — Real estate investment strategies for high net-worth individuals

Most of my day is filled with conversations about commercial and investment real estate and the majority of the time I am discussing investment strategies with high net-worth individuals. Our discussions are mainly about which markets to invest in and what property type offers the best returns.  However, toward the end of the conversation I always try to steer the ...

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Nearly 90 disciplinary actions in Mississippi real estate

More real estate brokers and sales associates in Mississippi were sanctioned for violating state rules during the first six months of this year than for all of the previous two years combined. The Clarion Ledger reports the Mississippi Real Estate Commission has issued nearly 90 disciplinary letters this year. About 60 of them were for failure to disclose a misdemeanor ...

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Community foundations kick off tax-credit drive

By JACK WEATHERLY If it sounds too good to be true, it probably is. So goes the axiom. Yet that leaves open the possibility that it can be true. The seven community foundations of Mississippi asked the Legislature for $2.5 million in tax credits over five years to start the Endow Mississippi Program. The full amount was approved in the ...

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ROSS REILY: EPA should have historical background of Delta

If you first listen to environmentalists and the Environmental Protection Agency as to why they are opposed to the Yazoo Backwater project, they make a pretty compelling argument. The EPA has said the project would have incurred “unacceptable damage to these valuable resources that are used for wildlife, economic and recreational purposes.” In an interview I did with a representative ...

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