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Century 21 Metro Alliance, a large Valley real estate brokerage, filed for Chapter 11 bankruptcy reorganization Sept. 28, making it the latest in a string of housing slump-related casualties. Jancy Realty and Investments Inc., the legal entity that owns the brokerage, has been in business since 1980. Majority owner Charles McLean and co-owner Phil Mercurio both are widely known in the Valley real estate community. More…