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Real Estate

Fair-housing entities get federal money

Inland Empire Business Market Heats Up.002

Two fair-housing organizations in the Inland Empire have received grants through the Department of Housing and Urban Development. The Inland Fair Housing and Mediation Board has been given $157,613 by the federal agency to help improve its investigations and education efforts into mortgage fraud, foreclosure repair schemes and predatory lending, …

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State housing market called “steady”

Inland Empire Business News August 13, 2014.002

Home sales in California stayed below 400,000 in September, the 11th consecutive month the market failed to reach that number. Statewide, 396,440 single-family detached housing units closed escrow last month, a 0.4 percent increase from August but a 4.2 percent decline compared with September 2013, according to data released Wednesday …

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Luxury Assisted Living in Escondido

Assisted Living Escondido

The Oakmont of Escondido Hills, a luxury assisted living community in Escondido, California completed an expansion of its on-site assisted living community to provide more care options to the growing number of local individuals affected by Alzheimer’s and other forms of dementia. The assisted living facility in Escondido is located …

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Housing starts are up nationwide

Inland Empire Business News June 4th, 2014.001

National housing starts topped one million in September, the third time this year that housing production has exceeded that number. Total housing starts rose 17.8 percent last month year-over-year, to a seasonally adjusted annual rate of 1,017,000 units, according to the U.S. Department of Housing and Urban Development and the …

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Developers want to buy part of mall

Inland Empire Business News Daily Report.004

Two developers have proposed buying part of the Corona Mall so they can revive it, perhaps with a combination of retail and residential. Foremost Communities Inc. in Newport Beach, which deals primarily in residential projects, and Coronal 3rd Street LLC both have approached the city council about buying part of …

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Local Pier 1 operation to expand

Warehouse Deal Approved As Property Values Drop.002

Pier 1 Imports’ warehouse-distribution Inland operation will get a major facelift. Irvine-based HFF has secured $54 million in refinancing for the facility at 3000 E. Philadelphia St. in Ontario, which is Pier 1’s West Coast distribution hub, the company announced in a statement Tuesday. The money, which was secured in …

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