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Archive for May, 2009

JPMorgan dumps tradition - Pensions & Investments

JPMorgan dumps tradition
Pensions & Investments, IL - Joel ChernoffJoel Chernoff
Overall, alternatives — comprising real estate investment trusts, hedge funds of funds and private equity — are nearly doubled to 29.5% from 15%. The result is reduced volatility compared with the traditional approach, and a slightly improved Sharpe

All-star Sacramento - Bend Bulletin

All-star Sacramento
Bend Bulletin, OR - John Gottberg Anderson
Sutter planted the first fruit orchards in the Central Valley and kick-started the development of the richest swath of agricultural real estate in the United States. Nevertheless, his name will always be associated with gold.

KELLY KEARSLEY; The News Tribune - TheNewsTribune.com

KELLY KEARSLEY; The News Tribune
TheNewsTribune.com, WA
“It's being driven by the need and desire to take care of our veterans,” said Chuck Rairdan, chief of the Department of Defense branch, real estate division with the US Army Corps of Engineers in Sacramento. The Army Corps administers the Homeowners

Legislature targets real estate practices - Sacramento Bee

Legislature targets real estate practices
Sacramento Bee,  USA - Jim Wasserman
Read his blog on real estate, Home Front, at www.sacbee.com/blogs. Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. If you see an objectionable comment, click the "report abuse" button below it.

Taxpayers Advocate Urges YES vote for Prop A in Chula Vista - La Prensa San Diego

Taxpayers Advocate Urges YES vote for Prop A in Chula Vista
La Prensa San Diego, CA - Scott Barnett
When the real estate bubble burst, developer fees and Chula Vista's municipal budget tanked right along with it. The situation was made even worse by the impacts of a nationwide recession that further reduced sales and property tax revenues.

First Northern Bank increased Q1 earnings - Bizjournals.com

First Northern Bank increased Q1 earnings
Bizjournals.com, NC - Mark AndersonMark Anderson
Its trust and Small Business Administration lending operations are in downtown Sacramento. “From the onset of the economic crisis, management and the board of directors have made the tough decisions to realistically deal with the resulting credit

Pacific State Bancorp Reports First Quarter Financial Results - PR Newswire (press release)

Pacific State Bancorp Reports First Quarter Financial Results
PR Newswire (press release), NY
The first quarter net loss of $294000 reflects a provision for loan losses of $971000 , other real estate expense of $431000 and increased professional costs of $225000 . The increased level of provision for loan losses is attributable to lower real
San Joaquin Bancorp Reports 1st Quarter Results MarketWatch (press release)
New Century Bancorp Reports First Quarter 2009 Earnings PR Newswire (press release)
all 48 news articles

Chapter 11 might net developers millions - Sacramento Business Journal

Chapter 11 might net developers millions
Sacramento Business Journal, CA - Michael Shaw
The collapse of the real estate market led to two of the largest-ever personal bankruptcy cases in Sacramento — Reynen's and Bardis' debts each are in the neighborhood of $900 million. Some lenders have recouped losses by foreclosing on some of the

Sisters have big plans for construction supply business - Las Vegas Sun


Las Vegas Sun
Sisters have big plans for construction supply business
Las Vegas Sun, NV - Brian Wargo
She left the company for three years to work as an industrial real estate broker. Kelly also learned the business from the ground up and worked in the accounting and real estate side of the company as well. Las Vegas was a natural choice for the

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