Real Estate

Nine percent of all Inland Empire residential properties with a mortgage were in negative equity during the second quarter, a year-over-year drop of 3.2 percent, according to data released Thursday. Nationwide, the number of mortgaged residential properties with negative equity – meaning more is owed on the property than the …

Inland Empire home prices, including distressed sales, increased 6.3 percent in July year-over-year, according to data released this week. Compared with June, home prices in Riverside and San Bernardino counties increased 0.8 percent, Irvine-based CoreLogic reported in its monthly report on U.S. home prices. Nationwide, home prices increased six percent …

A multi-tenant retail building in Ontario that is part of a retail project anchored by a Walmart Supercenter has been sold. The property, which covers 6,786 square feet, sold for $5.9 million to a private investor in Irvine whose name was not disclosed, according to a statement released today by Hanley Investment …

QVC, the international video and e-commerce retailer, on Monday opened its Ontario distribution center with a ribbon-cutting and grand opening ceremony. The one-million-square-foot facility, QVC’s first distribution operation on the west coast, is expected to create 1,000 jobs by 2020, according to a company statement. The distribution center, which was …

Distressed sales made up 9.6 percent of all home sales in the Inland Empire during May, according to data released Tuesday. That was above the national rate of 8.4 percent, but it also marked the largest improvement of any major metropolitan market in the United States from its distressed sales …

An environmental impact report for a proposed warehouse-distribution manufacturing project in Moreno Valley is available to the public. Indian Street Commerce Center, a 446,350-square-foot structure, will be developed by Sares Regis on 19.6 acres of open space on the west side of Indian Street south of Grove View Road, said …