Real Estate

Two retail buildings at the University Town Center in San Bernardino have been sold for a combined $3.7 million. One property, at 4304 University Parkway, sold for $1.7 million to a private investor in Temecula whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga, which …

Four point two percent of all mortgages in the United States were in some state of delinquency during April, according to data released Tuesday. That was a slight decline compared with April 2017, when 4.8 percent of all mortgages,  including foreclosures, were at least 30 days past due, Irvine-based CoreLogic …

The U.S. multifamily housing market will likely remain healthy during the next five years, according to a report. Demand, job growth and positive demographics “point to a healthy state of affairs for the U.S. multifamily market,” Yardi Matrix reported. A “significant supply” of multifamily product will be delivered nationwide between …

A planned affordable housing project in San Bernardino is on the verge of receiving a major boost from the state of California. Arrowhead Grove has been named eligible for a $20 million grant from the state Affordable Housing and Sustainable Communities program, according to a statement. The 184-unit project that …

A neighborhood shopping center in Rancho Cucamonga has been sold. RC Plaza, a nine-building complex at East Foothill Boulevard and Archibald Avenue, sold for $9.7 million, according to a statement. Hanley Investment Group in Corona Del Mar and Voit Real Estate in Anaheim represented the seller, a private investment group …

Tapestry will bring more than 15,000 housing units to the High Desert city. Its first houses are expected to go on the market in two years. Never let it be said that Hesperia isn’t doing its part to alleviate California’s housing crisis. The High Desert city with a population of …