Real Estate

An industrial building in Temecula has been sold. The 25,182-square-foot facility at 43223 Business Park Drive, which is vacant, sold for $2.6 million, according to a statement. Avison Young, a global commercial real estate firm headquartered in Toronto, represented both parties in the transaction. The buyer was Forum Capital LLC, …

California’s housing market is expected to weaken next year, the result of high prices that will keep buying a home out of reach for many people, according to a report. Home sales are also expected to decline next year for the first time in four years, the California Association of …

Four point one percent of all U.S. mortgages were in some state of delinquency in July, a slight year-over-year drop, according to data. The national foreclosure inventory rate of 0.5 percent was unchanged from the three previous months and virtually the same as one year earlier, Irvine-based CoreLogic reported in …

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 …

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 …

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 …