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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...
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....
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,...
Auberge Resorts will manage Pronghorn Golf Club & Resort in a deal that will make the Bend-area project one of the region?s first five-star destinations.
The Resort Group, a Honolulu-based investment group that acquired Pronghorn in February, signed a deal with Auberge this month to turn over management of the 48-suite lodge, restaurants and spas.
Pronghorn?s new partner brings a deep knowledge of running high-end destinations. Its portfolio includes resorts in California, Colorado, South Carolina...
Mortgage rates fell again this week, with 30- and 15-year fixed-rate mortgages touching new record lows.
Freddie Mac's (OTC BB:FMCC) weekly rate report says 30-year fixed-rate mortgages averaged 3.79 percent in the week ending May 17, down from 3.83 percent the previous week. A year ago, 30-year mortgages were averaging 4.61 percent.
A 15-year fixed-rate loan averaged 3.04 percent for the past week, down from 3.05 percent a week earlier.
A one-year adjustable-rate mortgage averaged 2.83 percent,...
Illinois-based The Marquette Companies has joined California-based American Realty Advisors in a venture that has bought Portofino Luxury Apartments at 11601 Lago Vista W in Farmers Branch for an undisclosed sum.
The 224-unit, four-story luxury apartment community will be held as an investment.
"We see Texas as an area ripe with high-quality investment opportunity," said Darren Sloniger, managing director of acquisitions for The Marquette Companies, which will serve as the property manager of the...
Campus Crest Communities Inc. has teamed with SolarCity, a provider of clean-energy products and services, to install more than 9,000 solar panels on its student-housing communities in Greeley, Colo.; Flagstaff, Ariz.; and Las Cruces, N.M.
The companies say the project will eventually provide 2.3 million kilowatt-hours of renewable power per year, offset electricity consumption at the communities by about 50 percent and eliminate more than 80 million pounds of carbon dioxide emissions annually.
?Sustainable...