Real Estate

A building in one of the Inland  Empire’s premiere office properties has been sold. Empire Towers V, a five-story Class A office building in Ontario that covers nearly 125,000 square feet, sold for $29.8 million, according to a statement released by NKF Capital Markets in Los Angeles. The seller was …

Thomas Winery Plaza, a 99,838-square-foot shopping center in Rancho Cucamonga, has been sold. The facility, which is anchored by a CVS Pharmacy, sold for $24 million, the largest amount paid for a retail property of that size in the Inland Empire so far this year, according to a statement. The …

Two retail buildings at the University Town Center in San Bernardino have been sold for a combined $3.7 million. One property, at 4304 University Parkway, sold for $1.7 million to a private investor in Temecula whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga, which …

Four point two percent of all mortgages in the United States were in some state of delinquency during April, according to data released Tuesday. That was a slight decline compared with April 2017, when 4.8 percent of all mortgages,  including foreclosures, were at least 30 days past due, Irvine-based CoreLogic …

The U.S. multifamily housing market will likely remain healthy during the next five years, according to a report. Demand, job growth and positive demographics “point to a healthy state of affairs for the U.S. multifamily market,” Yardi Matrix reported. A “significant supply” of multifamily product will be delivered nationwide between …

A planned affordable housing project in San Bernardino is on the verge of receiving a major boost from the state of California. Arrowhead Grove has been named eligible for a $20 million grant from the state Affordable Housing and Sustainable Communities program, according to a statement. The 184-unit project that …