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San Antonio area employment up in November

December 17, 2010

San Antonio Business Journal  /  Friday, December 17, 2010 The San Antonio-New Braunfels metro area saw job gains from October to November as total nonagricultural employment increased by 1,500 jobs, or 0.2 percent, to 840,000. “This is the fourth consecutive month of over-the-year overall job gains,” says Eva Esquivel, communications manager for Workforce Solutions Alamo, […]

Congress has set aside the “Sustainable Growth Rate (SGR) model

December 16, 2010

The big news of the week was the agreement between the White House and the GOP to extend the Bush tax cuts for two years and provide other temporary tax relief at a cost of $800 billion. But perhaps under the radar, the biggest news for doctors was an agreement to set aside the sustainable […]

San Antonio is one of the best recovery markets in the world

December 2, 2010

A new study by the Brookings Institution, an economic think tank, listed San Antonio as the 11th best recovery market in the United States and the 51st best recovery market in the world. Among Texas cities, Austin ranked as the best recovery market nationwide and the 26th best in the world. Dallas ranked fourth in […]

Petco Picks San Antonio

November 22, 2010

Animal Supply Inc., a leading national pet specialty retailer, says it will create a new satellite support center in San Antonio that will eventually employ up to 400 people. Read more: San Antonio lures major PETCO support center with strong incentives package | San Antonio Business Journal

Texas is the New California

October 28, 2010

From The Wall Street Journal October 27, 2010 Over the last year, as the economy was beginning to grow again, the Lone Star State has led the nation with the addition of nearly 153,000 jobs, while California surrendered 43,700 … This superior jobs recovery builds on the fact that Texas also weathered the national recession […]

Transaction Volume Improves

October 27, 2010

According to Real Capital Analytics, “Transaction volume has risen and yields have compressed in each successive quarter this year, not only for the overall market but within each property sector as well. Other positive indicators include the mix of investors bidding vigorously on certain assets, an improving rate of distress workouts largely offsetting new inflows […]

Commercial Financing Returns

October 25, 2010

CMBS issuance rising again Refinancing capacity is slowly returning to retail real estate, as investors regain interest in the CMBS market. Issuance of U.S. commercial mortgage-backed securities is on track to total between $10 billion and $15 billion this year, research firm Investcap Advisers expects. That compares to $12 billion in 2008 and $3 billion […]

Medical Office Construction Remains Strong in San Antonio

October 16, 2010

If you’re looking for new commercial development in San Antonio, you may be hard pressed to find any. The commercial real estate market in San Antonio, like nearly every other large city in the country, is at a virtual standstill. That is, unless you look at medical office construction.  San Antonio office space is no […]

Stage set for rising interest rates

October 14, 2010

Dr. Ted Jones, Chief Economist for Stewart, says: “We now have set the stage for rising interest rates, rising oil prices, and therefore rising gasoline prices.  Throw in some economic recovery in the next 18 to 30 months (increasing the demand and price for oil) and you have my forecast: Gasoline will cost $5 per […]

Nationwide selects Westover Hills for planned operations center

Nationwide Insurance will be hiring hundreds of new employees and consolidating office space in San Antonio once it opens a new facility in Westover Hills in 2012. Last year, Nationwide announced that it had selected San Antonio for a new sales and service operations center that would support the hiring of 800 individuals. On Monday, […]

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