Real Estate

A 140-unit townhome complex in Ontario has been sold. MG Properties Group, a real estate investment company in San Diego, paid $38 million for Ontario Town Square Town Homes in downtown Ontario, according to CBRE Group Inc., which arranged the transaction. The seller was Artemis Real Estate Partner LLC in …

The mega-industrial project approved in Moreno Valley figures to trigger a spate of lawsuits, but anyone wishing to file one needs to work quickly. It’s not clear whether the project’s opponents can stop the development or merely force a repeat of the approval process. The Moreno Valley city council and …

Two Inland industrial properties, one in Montclair and the other in Fontana, have been sold. Newmark Grubb Knight Frank negotiated the $4.7 million investment sale, according to a statement released Wednesday. Both properties are occupied by United Rentals, the international equipment rental company. One property is at 10632 Monte Vista …

The price of a single-family home in the United States continues to get more expensive. Home prices, including distressed properties, rose 6.9 percent year-over-year in July, Irvine-based CoreLogic reported. Prices were up 1.7 percent compared with June, according to the July 2015 CoreLogic Home Index, which was released Tuesday. Not …

Pending home sales were essentially flat in July, although they remained well ahead of where they were one year ago, a positive sign for the country’s housing market. Nationwide, pending sales were up only 0.5 percent from June but were up 7.4 percent compared with July 2014, according to the …

For Paul Herrera, helping to remove the roadblocks that licensed Realtors face is a full-time endeavor. As government affairs director for three local associations – the Inland Valley Association of Realtors, Inland Gateway Association of Realtors, and the California Desert Association of Realtors – he works to impact public policies …