Real Estate

Nationwide foreclosures declined by 27.3 percent in February, down 15.7 percent year-over-year, according to data released Tuesday. There were an estimated 39,000 home foreclosures during the second month of the year, a decrease of 67 percent from the peak of completed foreclosures in September 2010, according to CoreLogic in Irvine, …

Thirty eight point nine percent of all single-family home sales in the United States during January were cash transactions, according to data released Thursday. That was down from 41.4 percent in January 2014, a 2.5 percent drop and the 25th consecutive month of year-over-year declines, according to Irvine-based CoreLogic, a …

A two-building industrial park in Riverside has been sold. Citrus Business Park sold for a little more than $18 million, or $94 a square foot, CBRE Group Inc. said in a statement released Wednesday. The park, at 1111 and 1221 Citrus St. in Hunter Industrial Park, opened six years ago. …

The national housing market remained a seller’s market during February. Including distressed sales, prices rose 5.6 percent compared with February 2014, marking three consecutive years of year-over-year price increases, according to data released Tuesday by CoreLogic in Irvine. In the Inland Empire, prices were up 5.1 percent in February counting …

A Dallas-based investment firm will develop a speculative logistics project in Redlands that will cover nearly one million square feet. Crow Holdings Capital-Real Estate has bought nearly 43 acres of open space at Alabama Street and Almond Avenue and will build two industrial buildings there, according to a statement by …

One of the Inland Empire’s more prominent office developments has been sold. Tri-City Corporate Centre, a 17-building, mixed-use project in San Bernardino, sold for an undisclosed sum, according to CBRE Group Inc. The transaction, which took five months to complete, was announced Thursday. Based on square footage, it’s believed to …