A free-standing building in Lake Elsinore occupied by a Del Taco restaurant has been sold, according to statement. The 1,553-square-foot structure at 16810 Lakeshore Drive sold for $3.05 million, one of the highest price ever paid for a fast-food location in the Inland Empire, Dallas-based SRS Real Estate Partners, which …
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U.S. apartment rents grew 3.3 percent during the fourth quarter of 2018, according to a recent study. The national growth rate in 2018 outpaced 2017 by 2.5 percent, thanks to strong demand for apartment space that pushed occupancy to 95.4 percent, Real Page Inc., a real estate technology and analytics …
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Single-family home prices are expected to rise this year, mostly because, yet again, not enough houses will be built to meet demand. The good news is there’s no sign of a recession. Don’t look for any major changes in the Inland Empire housing market in 2019. The same patterns that …
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San Bernardino Center, a neighborhood shopping center anchored by a Target and Big Lots, has been sold. The property at 499 W. Orange Show Road near the Interstate 215-10 interchange sold for an undisclosed sum, according to a statement released by Cushman & Wakefield’s retail division. Brixmor Property Group in …
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Four point one percent of all U.S. mortgages were in some state of delinquency during October, a one-percent decline year-over-year, according to data. Also in October, the national foreclosure inventory rate – which measures the number of mortgages in some state of foreclosure – was .5 percent, a slight drop …
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A retail building in Fontana has been sold. The 9,000-square-foot property at Interstate 15 and Baseline Avenue sold for its list price of $3.8 million, according to a statement released by Hanley Investment Group Real Estate Advisors in Corona Del Mar. The building, which is fully occupied, includes Rosa Maria’s …
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IE Business Daily Business news for the Inland Empire.
