Real Estate

Two point nine percent of all U.S. mortgages were in some stage of delinquency in November, a near-record low, according to data released this week. That was a decline of 0.7 percent from November 2021, when 3.6 percent of U.S. mortgages were 30 days or more past due, including delinquencies, …

A Newport Beach developer has announced it will build a 330,048-square-foot warehouse-distribution facility in Fontana. The facility, at the southwest corner of Banana and Santa Ana avenues, will include 10,000 square feet of office space and will be built without a signed tenant, Birtcher Development LLC announced today. “We’re excited …

Sales of existing single-family homes in California reached 240,330 in December, ending a three-month sales decline, according to data released this week. That was a 1.1 percent drop from November and a 44 percent drop from December 2021, when 429,860 homes were sold, the California Association of Realtors reported. Those …

A retail building next to Vineyard Ontario Plaza has been sold. The 3,060-square-foot structure at 1959 E. 4th St. was sold for $1.1 million, according to Progressive Real Estate in Rancho Cucamonga. The seller was LifeStream Blood Bank, a nonprofit that serves hospitals and medical centers in Southern California. The …

  A six-story Class A office building in Ontario has been sold for $39 million. Ontario Airport Tower was purchased by MGR Real Estate in Ontario, according to a statement released today by Newmark, a global commercial real estate firm that arranged financing for the transaction. Information about the seller …

Two point eight percent of all U.S mortgages were in some stage of delinquency in October, a year-over-year drop of one percent, according to a report. Of those, mortgages 30 to 59 days past due stood at 1.3 percent, while those 60 to 89 days past due made up 0.4 …