Real Estate

A groundbreaking ceremony was held Monday at March Air Reserve Base on a housing project that will help homeless and low-income veterans. The 138-unit March Veterans Village is being sponsored by U.S. VETS, a national non-profit that helps at-risk veterans, the Coachella Valley Housing Coalition and the March Joint Powers …

An estimated 300 brokers and developers took a bus ride through the Inland Empire Thursday, as NAIOP’s Inland Empire chapter held its annual tour of new industrial properties in the two-county region. This year’s tour had eight buses, the most the event has had since 2007, said Devon Sulli, the …

Foreclosure rates in the Inland Empire were down in August year-over-year, according to data released Thursday. The foreclosure rate for Riverside and San Bernardino counties during that month was 0.71 percent, down from 0.94 percent in August 2014, a decrease of 0.23 percentage points, Irvine-based CoreLogic reported in its monthly …

The Inland Empire housing market is doing a good job of ridding itself of its distressed properties. The percentage of distressed properties sold in Riverside and San Bernardino counties in August was 11.4 percent, down from its peak of 76.3 percent in February 2009, according to data released Wednesday by …

A groundbreaking is scheduled Thursday on the first phase a large master-planned community in Corona. Terramor will consist 1,443 single-family lots, most of which will be set aside for residents 55 and older, according to a statement released Tuesday by Foremost Cos. in Corona, the project’s developer. The project will …

Riverside has purchased the downtown office building that has been partially occupied by its public utilities department for the past four years. Mission Square, a six-story structure at 3750 University Ave., sold for $37.9 million following several months of negotiations, said John Daciolas, senior managing director with Newmark, Grubb Night …