Three point six percent of all mortgages nationwide were in some state of delinquency during May, down from 4.2 percent in May 2018, according to data released Tuesday. That marked the second consecutive month that the national delinquency rate – 30 days more past due, including properties in foreclosure – …
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Foremost Cos. In Irvine, a land investment firm that buys and sells high-end properties to residential and commercial developers, held a grand opening Saturday for a project it helped develop in Temescal Valley. Fieldcress is the first neighborhood in the second phase of Terramor, a master-planned community which will have …
Read More »A multi-family project next to the Riverside-La Sierra Metrolink station has been sold for $60 million. San Diego-based Davlyn Investments, which specializes in multi-family and commercial properties, closed escrow on the Class A-development in southwest Riverside late last month, according to a statement. It was the company’s 11th transaction in …
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A 67-unit apartment complex in San Bernardino has been sold. The Mountain View Apartments at 1475 E. Date St. sold for $7.7 to a private investor, CBRE announced Wednesday. Built in 1985, the project sits on 2.5 acres. It has 24-hour security, gated parking, a gated pool and a laundry …
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The Inland Empire has been named among the top 30 places in the United States for millennial veterans to buy a home. The two-county region ranked 25th, below Houston and above Kansas City in the survey by Veterans United Home Loans in Columbia, Mo., one of the largest Veterans Administration’s …
Read More »An industrial park in Mira Loma has been sold for nearly $30 million. Mira Loma Industrial Center South consists of five free-standing buildings at DeForest Circle and Nobel Court and covers nearly 173,000 square feet, according to Cushman & Wakefield Ontario, which negotiated the transaction. The project was completed in …
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IE Business Daily Business news for the Inland Empire.
