Real Estate

A medical office building in Upland has been sold for $8.8 million. The three-story structure at 400 Mountain Ave. was sold by Harbor Associates LLC, a property investment company in Seal Beach, to a local medical user who was not identified, according to CBRE. “This was an opportunity to acquire …

San Bernardino is preparing to complete the fourth phase of an affordable housing project that it began about a dozen years ago. All it needs to make that happen is some help from the federal government. Arrowhead Grove – formerly called Waterman Gardens – will convert a 40-acre site that …

An Indio building that is occupied by a dialysis clinic has been sold. The structure at 82900 Avenue 42, home to DeVita Dialysis, was purchased for $4.2 million by a Los Angeles Investor whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller, represented …

U.S. home prices rose 3.7 percent in August, the 139th consecutive month that prices have gone up year over year. That was the highest 12-month increase since February, enough to leave single-family home prices nationwide 42 percent higher than they were when the pandemic began in the United States in …

A 170-unit residential development in Wildomar has been completed. Tricon Wildomar is a rental community developed by Foremost Pacific Group in Mission Viejo, according to a statement. Located at 24802 Alita Way near Interstates 15 and 215, Tricon Wildomar consists of one-, two-, and three-bedroom townhomes with solar power, rentable …

Sales of existing single-family homes in California are expected to reach 327,100 units in 2024, a 30 percent increase from this year’s projected 266,200 units sold, according to a forecast released this week. The median price of a single-family home statewide is expected to reach $860,300 next year, a year-over-year …