Real Estate

Sales of existing single-family homes in California last month totaled 224,000, unchanged from November but down 7.1 percent year-over-year, according to data released this week. The median price of a home during the last month of 2023 was $819,740, a 0.3 percent drop from November but up 6.4 percent compared …

A seven-unit apartment complex in Riverside has been sold. The Kazanjian Exemption Trust sold the complex at 1180 Central Ave. to the Michael J. O’Neill and Jean A. O’Neill Trust for $2.2 million, according to CBRE. The sale price is $315,000 per unit. CBRE represented the buyer. “The buyer of this property …

A 78-unit assisted living and memory care facility in San Bernardino has been sold. CareTrust REIT Inc. bought The Villas at San Bernardino for $10.7 million in a joint venture with a regional healthcare real estate investor whose name was not released, according to a statement. Oxford Health Group in …

An office building in San Bernardino has been sold for $26.7 million. Harbor Associates LLC, a property investment company in Seal Beach. and Taconic Capital Advisors, a global investment firm, recently sold the 115,000-square-foot structure at 451 E. Vanderbilt Way, according to a statement. The buyer was reportedly San Bernardino …

A 15-unit apartment complex in Palm Springs has been sold. Highland Apartments at 540-570 Highland Drive was sold by a private investor to another private investor for $3.3 million, according to CBRE. Both parties were represented by CBRE. Both asked not to be identified. The sale price is $220 per …

Sales of existing single-family homes in California totaled 223,940 in November, a 7.4 percent decline from October and a 5.8 percent drop year-over-year, according to data released in December. Statewide, the median price of a single-family home in November was $822,200, down 2.2 percent from October but up 6.2 percent …