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  1. South Bay unemployment rate numbers down for April
    The unemployment rate for the San Jose-Sunnyvale-Santa Clara metropolitan statistical area was 8.4 percent for April, down compared to 9.3 percent in March. This compares to 9.8 percent a year ago. Sectors adding jobs included leisure and hospitality, professional and business services, government jobs, manufacturing, trade transportation, and utilities. The area also includes San Benito County. For the San Francisco-San Mateo-Redwood City area, the unemployment rate was 7 percent for April, and...
  2. Lodge at Castle Pines sells for $50M
    For the second week in a row, a huge apartment complex deal dominates the Real Deals headlines, this one a little farther south from Parker. Advenir, a Florida-based multifamily asset owner and management services company, bought the Lodge at Castle Pines apartment complex, 520 Dale Court, Castle Rock, for $50.85 million. “We think this is a great market to be in,” said Stephen Vecchitto, managing director. “It’s a higher-end marketplace, there’s barriers to entry and we just love the...
  3. Realtor Building reopens after copper theft
    The Realtor Building reopened for business Friday following a copper theft. The building at 1635 University Ave. NE, which houses the Greater Albuquerque Association of Realtors and the Commercial Association of Realtors-New Mexico, was closed Thursday because thieves had stolen copper wiring that impacted the power supply. The wire was stolen from an exterior electrical box. Getting the building’s power restored took an electrical contractor and a Public Service Co. of New Mexico crew. Albuquerque...
  4. Houston residential real estate firms jump up transactions list
    Martha Turner Properties and Heritage Texas Properties have moved into the top five on this year’s Houston Business Journal Largest Houston-Area Residential Real Estate Brokerage Firms list, ranked by 2011 transaction sides of closed sales. Martha Turner Properties moved from No. 7 last year to No. 4 this year, while Heritage Texas Properties moved from No. 6 to No. 5. The largest jump on the list by far was Better Homes and Gardens Real Estate Anderson Properties, which moved 13 spots from No....
  5. Houston residential real estate firms boost dollar volumes
    Houston’s largest residential real estate firms increased their total gross dollar volume of closed sales in 2011 compared to 2010. All of the top five companies on the Houston Business Journal list of the Largest Houston-Area Residential Real Estate Brokerage Firms, ranked by 2011 total gross dollar volume of closed sales, increased their total gross dollar volume but retained their rankings from the previous year. No. 1 Prudential Gary Greene Realtors had the largest dollar volume increase,...