Real Estate

A company that processes and distributes steel has bought a manufacturing facility in Chino. West Coast Steel & Processing USA, a Chino-based company that does business as SteelCo. USA, paid $10.7 million for the property at 13900 Sycamore Way in Chino, according to a statement. The property will serve as …

Four percent of all mortgages nationwide were in some state of delinquency in March, a .3 percent decline year-over-year, according to data released Tuesday. That was the lowest rate of delinquency – 30 days or more past due, including foreclosures – for March in 13 years, CoreLogic in Irvine reported. …

Los Angeles-based KB Home recently opened two housing developments in Riverside. Carmel Ridge and Santa Barbara are both part of Spring Mountain Ranch, one of the top-selling master-planned communities in Southern California, according to a statement. Spring Mountain Ranch is at the base of  Box Spring Mountain, near the Riverside …

Single-family home prices in the United States rose 3.6 percent in April compared with April 2019, the first of several increases expected to happen within the next year, according to data released Tuesday. Overall, home prices are expected to increase 4.7 percent nationwide during that time, Irvine-based CoreLogic reported. “The …

A large apartment complex in Colton has been sold. The District at Grand Terrace, a 352-unit multifamily property at 1315-1316 S. Meadow Lane, sold recently for $63 million, according to a statement. Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, FPA Multifamily Real Estate Investment Firm …

The Southern California housing market continued to struggle last month, with 20,074 new and existing houses and condominiums changing hands during that time. That was an 11.6 percent increase from March but a 3.3 percent decline year-over-year, CoreLogic in Irvine reported. Overall, it was the weakest April for housing sales …