Thursday , December 26 2024
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Real Estate

Major residential development opens first neighborhood of second phase

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 …

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Riverside multi-family project fetches $60 million

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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SB apartment complex sells for $7.7 million

Housing Complex Sells

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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IE good market for vets

VA Home Loans California

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 …

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Industrial park fetches $30 million

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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Ontario changes direction on Meredith property

Industrial Market Stays Hot

Once envisioned as a gateway to the Inland Empire that would be anchored by high-end office projects, the 250-acre parcel at Interstate 10 and Archibald Avenue is now the Meredith International Centre and is a mix of retail, residential and industrial. Office development will likely go in other parts of …

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