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Real Estate

Famed San Bernardino Hotel on the market

Inland Empire Business News April 2014.001

The Arrowhead Springs Hotel in San Bernardino, once a getaway spot for Hollywood royalty, is up for sale. The Campus Crusade for Christ, which has owned the resort since 1962 , is asking $60 million for the 1,900-acre property in the San Bernardino Mountains, according to a report published in …

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Home sales struggle statewide

Inland Empire Gets Housing & Manufacturing Bump.002

Sales of single-family homes in California were down in March compared with the previous year, mostly because of a drop in inventory, according to the California Association of Realtors. About 367,000 single-family homes were sold in March statewide, the highest number of sales recorded in four months, according to the …

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Inland industrial market still solid

Inland Office Market Improves.001

The Inland industrial market stayed strong during the first quarter of 2014, with sales and leasing activity totaling nearly six million square feet. That represented a drop of about 1.3 million square feet year-over-year, but that can be attributed to a reduction in desirable industrial space within Riverside and San …

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Housing woes continue

Warehouse Deal Approved As Property Values Drop.001

The housing market continued to struggle during March, both regionally and locally.   In Southern California, 17,638 single-family homes were sold last month, a 14.3 percent drop year-over-year, according to the monthly housing report released today by DataQuick Information Systems in La Jolla.   They were also the lowest sales …

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Retail center changes hands

Inand Empire Businesses Ramp Up for Holiday Shopping.002

A retail center in San Dimas has been sold to a group of private investors. The property, a strip center at 702 W. Arrow Highway, sold for $4.8 million, said Frank Vora, an investment sale specialist with Progressive Real Estate Partners in Rancho Cucamonga. The seller was R&N Partners LLC …

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International home buyers like U.S. market

Inland Empire Lots Purchased

The United States has become the favorite location of international home buyers, with California getting its share of that lucrative business. Eighty five percent of home buyers from outside the country say they only considered purchasing a single-family home in the United States, mostly because of the country’s stable government …

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