Real Estate

Investment buyers appear to be moving away from single-family homes. As the supply of distressed homes continues to shrink, more investment buyers are shifting to multifamily properties, according to data released Wednesday by the California Association of Realtors. Twenty one percent of all investors bought multifamily properties during the past …

A Northern California real estate developer will build a warehouse-distribution facility in an unincorporated part of Riverside County. Newcastle Partners Inc. has purchased 8.2 acres at the northwest corner of Harley Knox Boulevard and Harvilll Avenue, according to a company statement. The property, which sold for an undisclosed sum, is …

The long-rumored renovation of Montclair Plaza might happen soon. CIM Group, which bought the beleaguered mall last year, could break ground within weeks on remodeling plans that would transform some of the property into an outdoor facility, according to a report in the Inland Valley Daily Bulletin. The Hollywood developer …

The National Association of Home Builders is feeling optimistic about the housing market. More job gains, better mortgage rates, a growing economy and strong demand should propel single-family home sales through the rest of this year and into 2016, the trade association said recently. “This should be a good year …

Distressed home sales nationwide are at their lowest point in seven years, with the Inland Empire showing considerable improvement in that area. Real estate-owned and short sales accounted for 13.5 percent of all home sales in February, the lowest they’ve been since February 2008, according to data released Tuesday by …

While no one will mistake it for the region’s industrial sector, the long-struggling Inland Empire office market is showing signs of life. Vacancy fell to 16 percent during the first quarter of this year, down from 17 percent during the fourth quarter of 2014 and down from 19 percent year-over-year, …