Real Estate

U.S., mortgage delinquencies dropped slightly in November, with serious delinquencies for that month at their lowest point in 12 years. Nationwide, 4.1 percent of all mortgages were in some stage of delinquency – 30 days or more including foreclosures – in November, a 1.1 percent year-over-year decline, CoreLogic in Irvine …

U.S. home prices grew in December, but at their slowest pace since 2012, according to data. Prices of single-family homes and condominiums increased by 4.7 percent year-over-year during the last month of 2018, Irvine-based CoreLogic reported. The average year-over-year price increase in 2018 was 5.8 percent, so the December data …

Newcastle Partners Inc., a San Francisco-base real estate development and investment firm, has sold a nearly-completed industrial building in Riverside. The 260,000-square-foot structure at 21822 Opportunity Way in Riverside is part of the Meridian Business Park, a 1,300-acre industrial development, according to a statement. Dermody Properties in Reno bought the …

REDA, a Newport Beach real estate investment and development firm, has begun construction on a 1.1-million-square-foot industrial building in Ontario. The structure is the first of six that will make up the Ontario Ranch Logistics Center at 4815 S. Hellman Ave., according to a statement. The building, which is being …

Home sales in Southern California declined for the fifth consecutive month in December, as the region’s once-hot housing market continues to cool. Only 15,781 single-family houses and condominiums were sold during the last month of 2017, a 20.3 percent year-over-year drop, Irvine-based CoreLogic reported Wednesday. That was the lowest number …

An outpatient program at Loma Linda University’s Health Behavior Medical Center has leased office space in Redlands. The medical center’s MEND program will lease 15,000 square feet of space at Park Plaza, a three-building complex, according to a statement released by Cypress West, the property’s owner.  The lease is for …