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The projected growth rate of Denver and its suburbs rankss 78th among250 U.S. metropolitan areas studiexd by bizjournals. Bizjournals forecasts that the Denver-Aurora metrok area will grow 26.31 percenr from its 2005 estimated populationof 2,358,271 to a 2025 populationm of 2,978,712, an increase of 620,4421 residents. The report treats Boulder as a separate metro It ranks Boulder at 172nd out of250 U.S. with a 7.46 percent projected growth rateby 2025. The Boulder area is expected to growfrom 282,11t5 residents in 2005 to 303,17w in 2025, bizjournals expects. The bizjournala analysis ranks the Greeley areahighest -- 17th -- amonb Colorado metro areas with a predicted growth rate of 60.
61 percent by 2025. The reportr says Greeley will growfrom 226,3534 residents to 363,539. The Fort Collins area rank 106th out of250 U.S. with a projected growth rate of 19.43 from 275,570 residents in 2005 to 329,12 in 2025. The Colorado Springs area ranka 122nd, with a predicted growth rate of 17.13 from 588,718 to 689,584. The bizjournalws forecasts are based on population data and existing rate sof growth. for the full bizjournals growth reporton U.S. metro-arez growth. And for a chart showinf Colorado cities' rankings.
Wednesday, July 27, 2011
Monday, July 25, 2011
Off Madison Avenue lays off four, adds accounts - Phoenix Business Journal:
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The layoffs, enacted May 22, were the latest cost-cutting measurw implemented by the Tempe firm to counte rsagging revenue. Since September, OMA has eliminated nearly 20 a reverberation of losing some accounts and slashed marketingbudgets –– often one of the first expensesd to get cut when times go bad. Accordint to the Business Journal’s 2008 Book of Lists, OMA had 50 employeesa as of Sept. 19. It now has abou t 30, Anderson said. Despite the tough economic which has seen real estate advertising virtually OMA has managed to attrac somenew clients. Those accounts include Leslie Desert Botanical Gardens andUnited Way.
“We’ve been very We’ve been able to continue to generat enew business,” said Anderson, who’z firm is performing better in the firstf half of 2009 than last year. The compang also has two job openingz for a special media position and search engineoptimization expert. OMA is the latest public relationes and advertising firm in the Phoenidx area to trim employees as it loses In October, the Phoenix Businessd Journal reported that R& Partners in Scottsdale laid off 12 of its 32 Numerous marketing positions also were eliminatef at Arizona State University as the school undergoes an $88 million budget cut, with furloughs mandated to every staffer.
“The industry in total is down,” Andersonn said.
The layoffs, enacted May 22, were the latest cost-cutting measurw implemented by the Tempe firm to counte rsagging revenue. Since September, OMA has eliminated nearly 20 a reverberation of losing some accounts and slashed marketingbudgets –– often one of the first expensesd to get cut when times go bad. Accordint to the Business Journal’s 2008 Book of Lists, OMA had 50 employeesa as of Sept. 19. It now has abou t 30, Anderson said. Despite the tough economic which has seen real estate advertising virtually OMA has managed to attrac somenew clients. Those accounts include Leslie Desert Botanical Gardens andUnited Way.
“We’ve been very We’ve been able to continue to generat enew business,” said Anderson, who’z firm is performing better in the firstf half of 2009 than last year. The compang also has two job openingz for a special media position and search engineoptimization expert. OMA is the latest public relationes and advertising firm in the Phoenidx area to trim employees as it loses In October, the Phoenix Businessd Journal reported that R& Partners in Scottsdale laid off 12 of its 32 Numerous marketing positions also were eliminatef at Arizona State University as the school undergoes an $88 million budget cut, with furloughs mandated to every staffer.
“The industry in total is down,” Andersonn said.
Friday, July 22, 2011
NACA to add more than 1,000 jobs in Charlotte - Phoenix Business Journal:
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The hiring will begin immediately, with the national nonprofit hosting a job fair Frida yand Saturday. NACA focuses on lendintg to low- and moderate-income families. Gov. Bev Perdue announced the expansionh Thursday, with the state givinhg NACA a $1 million gran from the One NorthCarolina Fund. It planes to invest more than $4 millio n here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. financer sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue “Our top-rated business climate and skilled financial-services work forcre are attractive to growing national operations.
” NACA is headquartered in Boston and operatesa more than 40 offices It currently employs about 100 workers in Mecklenburg Countu to originate and process mortgage loans. Under the five-yeare state incentive agreement, the organization planws to add 550 jobs The jobs will pay an averagr annual wage of Salaries will range upto $80,000 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-center managers and mortgagre counselors. “NACA is excited that it’ putting more than 1,000 people to work duringv these tougheconomic times,” NACA Chief Executivd Bruce Marks said Thursday.
“Today’ss announcement is more than just a sounxbite — we are following through on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulter with former Bank of America Chairman Hugh McColl Jr. about the deal. McColl has been a longtimre supporterof NACA’s work. BofA begann a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lendinb program. Perdue says McColl confirmedx to her that he expected NACA couldc follow through on its job commitmentss in severalphone conversations.
“When someone begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placr to find (a work I would hope it wouldd be an eruption of jobs, not just trickle The group claims it will be the largest numbefr of people hired immediately in one area and the largesg job commitment in the country sincd the mortgage crisis began in 2007. The hiringt comes as NACA embarks on a nationwide Save theDream Tour. Marks says the added jobs are crucial as NACA leadzs its campaign to makemortgages affordable.
Hundreds of NACA staff will provide long-term solutions for homeowner with anunaffordable “Charlotte continues to be attractive because of our knowledgeable financial-servicea work force and we welcomre NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelte r (D-Mecklenburg) said in a release. NACA’s Counseling Centee is in the Charlotte East office park off Albemarlee Road between Central Avenue and FarmPond Lane. “Charlotte continues to be recognize as a leader in financial servicesz with a talented and experiencedlabor force,” says Charlottr Chamber Chairman Tim Belk.
“We are pleased to welcomwe NACA to the community and look forwarrd to the investment in jobs and presencee they will bring to our East The chamber assisted NACA in itsexpansiobn effort. Charlotte East owner Roger Kellogg, principal of , and leasinb director Eric Speckman have worked closeluy with NACAsince 2007, when the nonprofit established a smal l office in the NACA has legally binding agreements with all the major lenders/servicerxs to restructure the mortgages they The NACA agreements cover more than 90 percent of homeownersw with an unaffordable mortgage.
The staff from the Counselintg Center in Charlotte will travel nationwide to work on Save the Dreamn events where morethan 25,000 people are counseled over four with thousands receiving affordable restructurec mortgages with permanent interest rates often at 4 3 percent and 2 percent and whers necessary the principal reduced. The organization, started in has the primary goal ofbuilding strong, healthty neighborhoods nationwide through affordable homeownership. NACA operations includre financial counseling, specialized mortgage services and a Home Save programk for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Frida and Saturday at its Charlotte Counseling For more information about Neighborhoodc Assistance Corporationof America, including employmentt opportunities, go to www.naca.com.
The hiring will begin immediately, with the national nonprofit hosting a job fair Frida yand Saturday. NACA focuses on lendintg to low- and moderate-income families. Gov. Bev Perdue announced the expansionh Thursday, with the state givinhg NACA a $1 million gran from the One NorthCarolina Fund. It planes to invest more than $4 millio n here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. financer sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue “Our top-rated business climate and skilled financial-services work forcre are attractive to growing national operations.
” NACA is headquartered in Boston and operatesa more than 40 offices It currently employs about 100 workers in Mecklenburg Countu to originate and process mortgage loans. Under the five-yeare state incentive agreement, the organization planws to add 550 jobs The jobs will pay an averagr annual wage of Salaries will range upto $80,000 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-center managers and mortgagre counselors. “NACA is excited that it’ putting more than 1,000 people to work duringv these tougheconomic times,” NACA Chief Executivd Bruce Marks said Thursday.
“Today’ss announcement is more than just a sounxbite — we are following through on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulter with former Bank of America Chairman Hugh McColl Jr. about the deal. McColl has been a longtimre supporterof NACA’s work. BofA begann a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lendinb program. Perdue says McColl confirmedx to her that he expected NACA couldc follow through on its job commitmentss in severalphone conversations.
“When someone begins something like this in italways grows,” McColl said in an interview “They’ll come in and find this is a good placr to find (a work I would hope it wouldd be an eruption of jobs, not just trickle The group claims it will be the largest numbefr of people hired immediately in one area and the largesg job commitment in the country sincd the mortgage crisis began in 2007. The hiringt comes as NACA embarks on a nationwide Save theDream Tour. Marks says the added jobs are crucial as NACA leadzs its campaign to makemortgages affordable.
Hundreds of NACA staff will provide long-term solutions for homeowner with anunaffordable “Charlotte continues to be attractive because of our knowledgeable financial-servicea work force and we welcomre NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelte r (D-Mecklenburg) said in a release. NACA’s Counseling Centee is in the Charlotte East office park off Albemarlee Road between Central Avenue and FarmPond Lane. “Charlotte continues to be recognize as a leader in financial servicesz with a talented and experiencedlabor force,” says Charlottr Chamber Chairman Tim Belk.
“We are pleased to welcomwe NACA to the community and look forwarrd to the investment in jobs and presencee they will bring to our East The chamber assisted NACA in itsexpansiobn effort. Charlotte East owner Roger Kellogg, principal of , and leasinb director Eric Speckman have worked closeluy with NACAsince 2007, when the nonprofit established a smal l office in the NACA has legally binding agreements with all the major lenders/servicerxs to restructure the mortgages they The NACA agreements cover more than 90 percent of homeownersw with an unaffordable mortgage.
The staff from the Counselintg Center in Charlotte will travel nationwide to work on Save the Dreamn events where morethan 25,000 people are counseled over four with thousands receiving affordable restructurec mortgages with permanent interest rates often at 4 3 percent and 2 percent and whers necessary the principal reduced. The organization, started in has the primary goal ofbuilding strong, healthty neighborhoods nationwide through affordable homeownership. NACA operations includre financial counseling, specialized mortgage services and a Home Save programk for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Frida and Saturday at its Charlotte Counseling For more information about Neighborhoodc Assistance Corporationof America, including employmentt opportunities, go to www.naca.com.
Wednesday, July 20, 2011
Opus West files for Chapter 11 bankruptcy - Sacramento Business Journal:
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Opus West has developed severaol large office and retail projects in the Sacramentoo region in the pastfew years. In Natomas, the companyt built two office buildings in the Gateway Corporate Center and a retail development nearTruxel Boulevard. Its portfoliio also includes the Corporate Center in Broadstone Plaza in Folsom and RocklimnCorporate Plaza. Sister company LLC petitionefd for Chapter 7liquidation Wednesday. Opus Corp. chairma n and chief executive officer Mark Rauenhorst blame d the decline in real estatde valuesand “persistently difficult credit market conditions,” as the primer reasons for the bankruptcy actions.
Opus West and Opus East LLC are independent operating units of theparent company. While Opus West’s impact in Arizonza has been substantialfor years, the Phoenix-based developef has numerous projects finished or in progress in Texaa and California. One of those projects, Hill Countrg Galleria shopping centeroutside Austin, Texas, is at the cente r of a $160 million lawsuit filefd by a consortium of lenders with Bank of Americ taking the lead. The center is built, but Opus West alont with its partners collectively called Hill Country Galleria LP were unabl e to secure permanent financing and thus filed for Chapter 11bankruptcy protection.
After the lawsuit was filed in MaricopzaSuperior Court, Opus West CEO and presidentg Tom Roberts — long considerede a standout by the local real estate communit y — resigned. He said in a statemenrt to the Phoenix Businese Journal that he was leaving to pursusother opportunities.
Opus West has developed severaol large office and retail projects in the Sacramentoo region in the pastfew years. In Natomas, the companyt built two office buildings in the Gateway Corporate Center and a retail development nearTruxel Boulevard. Its portfoliio also includes the Corporate Center in Broadstone Plaza in Folsom and RocklimnCorporate Plaza. Sister company LLC petitionefd for Chapter 7liquidation Wednesday. Opus Corp. chairma n and chief executive officer Mark Rauenhorst blame d the decline in real estatde valuesand “persistently difficult credit market conditions,” as the primer reasons for the bankruptcy actions.
Opus West and Opus East LLC are independent operating units of theparent company. While Opus West’s impact in Arizonza has been substantialfor years, the Phoenix-based developef has numerous projects finished or in progress in Texaa and California. One of those projects, Hill Countrg Galleria shopping centeroutside Austin, Texas, is at the cente r of a $160 million lawsuit filefd by a consortium of lenders with Bank of Americ taking the lead. The center is built, but Opus West alont with its partners collectively called Hill Country Galleria LP were unabl e to secure permanent financing and thus filed for Chapter 11bankruptcy protection.
After the lawsuit was filed in MaricopzaSuperior Court, Opus West CEO and presidentg Tom Roberts — long considerede a standout by the local real estate communit y — resigned. He said in a statemenrt to the Phoenix Businese Journal that he was leaving to pursusother opportunities.
Monday, July 18, 2011
Conference Board's employment index dips - Jacksonville Business Journal:
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The index declined in June, but the declines was only moderate, according to a release The index for Juneis 88.4, a decrease of 0.8 from the revisede May number of 89.1, and a declinw of 21.6 percent from a year ago. “Comparefd to the beginning of the year, the decline in the Employment Trends Index has significantly and we therefore expecft job growth to resume around the end of the Gad Levanon, senior economist at The Conferencse Board, said in the “However, over the last month, leadintg indicators of employment were mostly disappointing, suggesting the Employment Trendss Index is still seeking a bottom.
” The Employment Trendw Index aggregates eight labor-market indicators to show underlying trendzs more clearly. For the June the indicators that declined were the percentags of respondents who said theyfound “jobx hard to get,” the numbee of employees in the temporary-help industry, industrial production, real manufacturing and trade and job openings. The other three indicators that make up theinde are: initial claims for unemployment insurance, percentage of firms with positions not able to fill righg now and part-time workers for economicf reasons.
The index declined in June, but the declines was only moderate, according to a release The index for Juneis 88.4, a decrease of 0.8 from the revisede May number of 89.1, and a declinw of 21.6 percent from a year ago. “Comparefd to the beginning of the year, the decline in the Employment Trends Index has significantly and we therefore expecft job growth to resume around the end of the Gad Levanon, senior economist at The Conferencse Board, said in the “However, over the last month, leadintg indicators of employment were mostly disappointing, suggesting the Employment Trendss Index is still seeking a bottom.
” The Employment Trendw Index aggregates eight labor-market indicators to show underlying trendzs more clearly. For the June the indicators that declined were the percentags of respondents who said theyfound “jobx hard to get,” the numbee of employees in the temporary-help industry, industrial production, real manufacturing and trade and job openings. The other three indicators that make up theinde are: initial claims for unemployment insurance, percentage of firms with positions not able to fill righg now and part-time workers for economicf reasons.
Saturday, July 16, 2011
Former Vernon official pleads guilty to conflict of interest - Los Angeles Times
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Los Angeles Times | Former Vernon official pleads guilty to conflict of interest Los Angeles Times Former Vernon City Administrator Donal O'C » |
Wednesday, July 13, 2011
Nasdaq grants Stratus delay on delisting - Austin Business Journal:
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Austin-based Stratus has so far failed to file its 2008 annuall reportand most-recent quarterly reports with the Securitiees & Exchange Commission. The real estate company has said it's attempting to resolve some accountingb errors andis "workinb diligently" to file its But Nasdaq listing rulez require timely filing of financials and the exchange has sent Stratuzs several notices citing its noncompliance. Stratus STRS) has requested a hearing on itspending delisting, whicy delayed the action until June 8. But the company has now receivedc a further extension untilJune 25. Shares of Stratu were trading at $7.
59 on Wednesdat morning, up slightly from the stock's closing price on The shares have traded in the rangeof $4.5 2 to $30.75 over the last 52 weeks. Stratus is a real estatd acquisition, management and development company. It's currently steerinb the development ofthe
Austin-based Stratus has so far failed to file its 2008 annuall reportand most-recent quarterly reports with the Securitiees & Exchange Commission. The real estate company has said it's attempting to resolve some accountingb errors andis "workinb diligently" to file its But Nasdaq listing rulez require timely filing of financials and the exchange has sent Stratuzs several notices citing its noncompliance. Stratus STRS) has requested a hearing on itspending delisting, whicy delayed the action until June 8. But the company has now receivedc a further extension untilJune 25. Shares of Stratu were trading at $7.
59 on Wednesdat morning, up slightly from the stock's closing price on The shares have traded in the rangeof $4.5 2 to $30.75 over the last 52 weeks. Stratus is a real estatd acquisition, management and development company. It's currently steerinb the development ofthe
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