Real Estate

Majestic Realty has donated an electric power lift to a community center that it will use to help its COVID-19 relief efforts. The Charles Meigs Community Center in Mead Valley, an unincorporated community near Riverside, has seen its food distribution efforts overwhelmed by the pandemic, according to the statement. “When …

An office building in Temecula has sold for $5.1 million. MIG Real Estate in Newport Beach sold the 35,258 square-foot structure to a private investor whose name was not released, according to CBRE. The building, at 1 Ridgeway Drive, was built in 2003 and is occupied by 15 tenants in …

A multi-tenant retail building and car wash in Fontana has been sold for $7.5 million. The building, at 16914 South Highland Ave., was completed and has three tenants: Pacific Dental Services, Arrowhead Credit Union and MJ Nail & Spa, according to Hanley Investment Group. Adler Realty Investments, Inc. in Woodland …

A 3.9-acre parcel in Chino that includes two industrial buildings has been sold. The property, at 3612 and 3638 Philadelphia St., changed hands for an undisclosed sum, according to Alison Young, which help arrange the sale. The seller was based in Phoenix, the buyer in the Inland Empire. Further information …

Sales of existing single-family homes in California fell 41.4 percent last month, as the full impact of COVID-19 hit the state’s housing market. That year-over-year decline brought the state’s housing market to its lowest point since the Great Recession and marked the second consecutive month that home sales were under …

U.S. homeowners with mortgages saw their equity increase an average of 6.5 percent during the first quarter of this year compared with the first quarter of 2019, according to data. Nationwide, homes with outstanding mortgages – about 63 percent of the market – have gained roughly $590 billion in equity …