Real Estate

A neighborhood shopping center in Rancho Cucamonga has been sold. RC Plaza, a nine-building complex at East Foothill Boulevard and Archibald Avenue, sold for $9.7 million, according to a statement. Hanley Investment Group in Corona Del Mar and Voit Real Estate in Anaheim represented the seller, a private investment group …

Tapestry will bring more than 15,000 housing units to the High Desert city. Its first houses are expected to go on the market in two years. Never let it be said that Hesperia isn’t doing its part to alleviate California’s housing crisis. The High Desert city with a population of …

Home sales in Southern California fell 3.4 percent in May, and it’s not difficult to see why. The median price of home – $530,000 – was a record for the six-county market and an 8.2 percent increase year-over-year, according to data released by CoreLogic in Irvine. Last month’s  drop in …

A 33,300-square-foot office building in Temecula has been sold. Temecula Oaks, which covers 2.5 acres in the Rancho California Business Park, sold recently for $5.8 million, according to Toronto-based Avison Young, an international commercial real estate firm. The property, at Rancho California Road and Business Park Drive, was built in …

Four point three percent of all U.S. mortgages were in some state of delinquency – 30 days or more more past due – in March, virtually unchanged year over year, according to data released Tuesday. Also in March, the national foreclosure inventory rate was 0.6 percent, its lowest level since …

A 21-unit apartment portfolio in Riverside has been sold. Located at 4543-4581 Main St. and 4566 Orange St., the package includes seven and eight-unit apartment complexes, three duplexes and a single-family home, according to a statement by Los Angeles-based CBRE. The price was $2.8 million. Neither the buyer nor the …