Real Estate

 A  257,260-square-foot warehouse-distribution facility is under construction at the Meridian Business Park in Riverside. The structure, which is being developed on 13.5 acres near Interstate 215, is expected to be finished during the second quarter, according to a statement released by Reno-based Dermody Properties, the project’s developer. Dermody will own …

By Phillip B. Burum The American home is for most Americans the biggest and best investment they will make in their lifetimes and one of the best, most environmentally-sound and cost-effective ways to enhance that investment is with landscaping. Improving your landscaping can save money, conserve water and energy and …

Twenty eight percent of all California households were able to purchase a median-priced home – $564,270 – during the fourth quarter of 2018, according to data. That was virtually unchanged from the third quarter but was a two percent year-over-year drop, the California Association of Realtors reported. An annual income …

U.S., mortgage delinquencies dropped slightly in November, with serious delinquencies for that month at their lowest point in 12 years. Nationwide, 4.1 percent of all mortgages were in some stage of delinquency – 30 days or more including foreclosures – in November, a 1.1 percent year-over-year decline, CoreLogic in Irvine …

U.S. home prices grew in December, but at their slowest pace since 2012, according to data. Prices of single-family homes and condominiums increased by 4.7 percent year-over-year during the last month of 2018, Irvine-based CoreLogic reported. The average year-over-year price increase in 2018 was 5.8 percent, so the December data …

Newcastle Partners Inc., a San Francisco-base real estate development and investment firm, has sold a nearly-completed industrial building in Riverside. The 260,000-square-foot structure at 21822 Opportunity Way in Riverside is part of the Meridian Business Park, a 1,300-acre industrial development, according to a statement. Dermody Properties in Reno bought the …