A groundbreaking is scheduled to be held today on a 101-unit affordable apartment complex in Ontario. The Vista Verde Apartments at East Nocta Street and North Virginia Avenue will help anchor a modern urban village Ontario is developing in the heart of downtown, according to a statement. The project is …
Read More »Shopping center breaks ground
Construction has started on New Haven Marketplace, a shopping center that will serve the master-planned community of Ontario Ranch. The retail project is expected to be completed in about one year, according to a statement released by Frontier Real Estate Investments in Newport Beach, Ontario Ranch’s master developer. New Haven …
Read More »Banning master-planned community underway
Pardee Homes Inland Empire has broken ground on Atwell, the first master-planned community in Banning in more than 20 years. The project’s first phase will include 480 homes, two commercial retail pads and a site for a kindergarten through sixth grade school, according to a statement. Ultimately, Atwell – located …
Read More »Air cargo operation at former military base is sold
An air cargo and industrial facility at the March Inland Port in Riverside has been sold. The March Logistics Center was sold by Westcore Properties, a global real estate investment firm, to Crow Holdings Industrial in Dallas for an undisclosed sum, according to a statement released Thursday. The transaction was …
Read More »IE apartments rents go up
U.S. apartment rents grew 2.9 percent during the third quarter, according to data released Wednesday. That was a .4 percent increase from the second quarter, reversing – at least for the moment – a trend of slowing price increases that began in 2015, reported RealPage Inc, a Texas-based real estate …
Read More »Housing market slows amid rising prices
Southern California home sales continued to fall in August while prices in the six-county market rose to near-record highs. Sales of homes and condominiums fell 8.1 percent last month compared with August 2017, according CoreLogic, the Irvine-based real estate research firm. That follows a stagnant market in July and an …
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