Real Estate

Ground has been broken on a 90,000-square-foot hotel in Ontario. The 131-room Element by Westin Hotel will be built on 4.5 acres at 900 N. Via Piemonte Ave. across from Citizens Business Bank Arena, according to a statement. The four-story project, which is expected to be completed by the fall …

U.S. home prices increased nearly seven percent year-over-year in April and 1.2 percent month-over-month, according to data released today. In the Inland Empire, single-family home prices – not counting distressed sales – were up 8.2 percent compared with April 2017 and were essentially unchanged from March, Irvine-based CoreLogic reported. The …

The Harley Knox Logistics Center in Perris has been sold. The facility at 17610 Harvill Ave. sold for $16.3 million, according to a statement released by Newcastle Partners Inc. Newcastle Partners sold the 147,000-square-foot building to TA Realty LLC, a Boston real estate investment firm. The structure sits on 8.2 …

There aren’t  houses to meet demand, but a close look at the market shows much to be optimistic about, according to a study. If you want to buy a house in the Inland Empire, and you can afford one, now might be the ideal time to do so. That’s the …

Fontana has opened an affordable apartment complex meant to help low and very-low income residents. The 69-unit Rosena Fountains development sits on 4.3 acres at 9451 Olive St., according to a statement. The project, the eighth affordable-housing development to open in Fontana since 2003, is a public-private partnership between the …

Southern California housing prices reached another record in April, according to data released this week. The median price of an existing single-family home or condominium in the five-county region was $520,000, up $1,000 from the previous record set in March, CoreLogic in Irvine reported. That was a 7.2 percent increase …