Real Estate

Berkshire Hathaway HomeServices Perrie Mundy Realty Group has opened an office in Beaumont. The facility, at 1484 W. Second St., will operate as Berkshire Hathaway HomeServices California Realty, the same name it uses at its Riverside and Moreno Valley offices, according to a statement. The real estate brokerage’s Redlands headquarters …

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 …