The Mack family has been part of Mississippi banking and real estate for four generations, building, buying, financing, and operating across the state. Myer Mack runs Magnolia Investment Holdings today, carrying that work forward.
The work goes back further than Myer. His great-grandfather, Myer A. Lewis, Sr., was one of two founders of Deposit Guaranty Bank in Jackson in 1925, an originator and organizing director who helped build it and served as one of its senior officers until his death in 1953. When the Canal Bank collapse of 1933 froze half the young bank's reserves, Myer and his wife Eva were among the handful who mortgaged their own property to keep it open.
The man Myer is named for is Lewis Sr.'s son, Myer A. Lewis, Jr. A Jackson attorney, he served as counsel to Deposit Guaranty and sat on the executive committee of its board for decades, a seat in the bank's leadership his father helped found a generation earlier.
Deposit Guaranty grew, through a series of mergers across the next century, into Regions, where Myer began his own banking career almost a hundred years after his family helped open the doors. What the family passed down was a way of working: an institution is only ever as good as the people who stand behind it.
Myer is a native Jacksonian. He graduated from the University of Mississippi in 2015 and spent nearly a decade in Mississippi banking, moving from retail branches into institutional trust. He runs Magnolia full-time, bringing the same documentation discipline and standards he was trained under to a market his family has been part of for four generations.
Magnolia is owner-operated. Every offer comes from someone whose family has been part of this state for over a century, who knows what these neighborhoods looked like in 1995, 2005, and today. The owner underwrites the deal and signs the contract. No call center, no acquisitions rep, no automated system, no handoff mid-deal.
Myer serves on the board of the Boys and Girls Clubs of Central Mississippi, and has served on the boards of the Phoenix Club of Jackson and the Central Mississippi Ole Miss Rebel Club. A company's interests and its city's interests are the same thing here: every house Magnolia takes on is a house put back into use in a Jackson neighborhood, which serves the seller and the block as much as it serves a business that depends on this city continuing to do well.
If you're a homeowner facing a difficult sale, whether that's probate, foreclosure, an inherited house you can't manage from out of state, a divorce, or a job change, there's a straightforward path forward. If you're a capital partner looking for a disciplined operator on the ground in this market, let's have that conversation too.
Magnolia exists in part to put houses back into productive use in neighborhoods that have shaped Jackson for generations, taking on houses that need work and getting them to the people who will do it, so they stay part of the city's housing stock instead of sitting empty.
The work is the relationship.