Press Releases
MHC Awards $100,000 to Green Building Contest Winners
January 15, 2010 Posted by Mississippi RealEstateRama
Jackson, MS - January 15, 2010 - (RealEstateRama) — The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex
ProVisions Accepting Proposals for Former FEMA Call Center
September 29, 2009 Posted by ProVisions
Developer Aims to Create Jobs with Unique Gulf Coast Facility. LONG BEACH, MS - September 29, 2009 - (RealEstateRama) — The Long Beach Call Center (www.longbeachcallcenter.com) – a 19,044-square-foot “plug-n-play” call center and office complex ProVisions, LLC is offering for sale or lease – presents unusually promising news for a state whose unemployment recently reached 10.5 percent. With state-of-the-art capabilities and strategic location on the Gulf Coast, the Long Beach Call Center has the potential to become a workplace for professionals with a predicted increase in job opportunities. According to the Bureau of Labor Statistics, employment for customer service representatives is projected to increase by 21 percent or more between 2006 and 2016, especially for those working in call centers
EastGroup Properties Acquires Three Dallas Buildings for $6.7 Million
August 18, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - August 18, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of three business distribution buildings containing 227,000 square feet in Dallas for a combined purchase price of $6,675,000. The buildings, which will be renamed Interstate Distribution Center V, VI and VII, are located in the city’s close-in northwest submarket along the Stemmons Freeway. They were constructed in 1979-81 and are presently 87% occupied by six customers. The buildings are projected to generate an annualized 9.2% yield at their current occupancy.
Congressman Childers Announces Recovery Act’s Homebuyer Tax Credit to Immediately Help First-Time Homebuyers in North Mississippi
June 9, 2009 Posted by Mississippi RealEstateRama
Washington, DC - June 9, 2009 - (RealEstateRama) — Congressman Travis Childers (D-MS) announced that the Federal Housing Administration (FHA) will now allow homebuyers to apply the American Recovery and Reinvestment Act’s $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. This will help stabilize North Mississippi’s and the nation’s housing market by stimulating home sales across the country.
EastGroup Properties Acquires Las Vegas Property for $11.1 Million
June 2, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - June 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of the Arville Distribution Center in Las Vegas, Nevada for a purchase price of $11,050,000. Arville, which was constructed in 1997, is a two building, business distribution complex containing 142,000 square feet and is located in the close-in southwest submarket of the city. It is 77% leased to eight customers and is projected to generate an annualized 8.2% yield at its current occupancy.
Congressman Childers Votes for Crackdown on Mortgage and Corporate Fraud
May 22, 2009 Posted by Mississippi RealEstateRama
Washington, DC - May 22, 2009 - (RealEstateRama) — Congressman Travis Childers (D-MS) joined colleagues on both sides of the aisle last night in voting for legislation to strengthen federal law enforcement agencies’ ability to fight financial fraud, protect taxpayer money, and help prevent another economic crisis. The bill now heads to the President’s desk for his signature.
HUD Secretary announces disaster assistance for Mississippi storm victims
May 14, 2009 Posted by Mississippi RealEstateRama
WASHINGTON, DC - May 14, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 10 storm-ravaged counties in Mississippi and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding, and tornadoes in March.
MEMA announces first cottage homeowner
May 5, 2009 Posted by Mississippi RealEstateRama
GULFPORT, MS - May 5, 2009 - (RealEstateRama) — Today Gulfport resident Ralph Bougrand, 82, is the first person to purchase the Mississippi Cottage he received after Hurricane Katrina. The opportunity for Bougrand to own his cottage marks a significant step in post-Katrina recovery efforts and in converting temporary disaster housing into permanent homes along the Mississippi Gulf Coast
MEMA helps build safer schools on Gulf Coast
March 17, 2009 Posted by Mississippi RealEstateRama
PEARL, MS - March 17, 2009 - (RealEstateRama) — Students at the new D’Iberville High School are safer every day thanks in part to Hazard Mitigation Grant funding provided by FEMA and administered by the Mississippi Emergency Management Agency.
Major Mississippi Distribution and Manufacturing Center Undergoes Renovations
March 2, 2009 Posted by ProVisions
The Baldwyn Business Center www.baldwynbusinesscenter.com - unique for its warehouse, manufacturing and distribution capabilities, as well as its proximity to furniture, automotive, steel and consumer product firms in Northeast Mississippi - has completed substantial renovations a year following its acquisition by ProVisions, LLC.
EastGroup Properties Announces Presentation at Citi 2009 Global Property CEO Conference
March 2, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - March 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP)announced today that it is scheduled to present at the Citi 2009 Global Property CEO Conference. EastGroup’s presentation is scheduled for Monday, March 2, 2009 at 3:55 p.m., EST
MHC Announces Statewide Green Building Competition
January 30, 2009 Posted by Mississippi RealEstateRama
Biloxi, MS - January 30, 2009 - (RealEstateRama) —The Mississippi Home Corporation (MHC) today announced its new Growing a Greener Mississippi competition which will offer builders/developers statewide the opportunity to compete for $100,000 in prize money.
Rental Resources Still Needed More Than Three Years After Hurricane Katrina; FEMA Urges Landlords To Register Rental Property
January 23, 2009 Posted by Mississippi RealEstateRama
BILOXI, MS - January 23, 2009 - (RealEstateRama) — Federal officials have stepped up efforts to help Mississippi families continue their recovery and transition to permanent housing following Hurricane Katrina.
Mississippi Home Corporation Press Conference
January 23, 2009 Posted by Mississippi RealEstateRama
January 23, 2009 - (RealEstateRama) — MHC to Hold Press Conference Announcing Green Building Competition
EastGroup Properties Announces Fourth Quarter 2008 Conference Call and Webcast
January 9, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - January 09, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Conference Call and Web Cast on Thursday, February 12, 2009 at 11:00 A.M. Eastern Time.
