Real Estate

Home sales in California remained flat in January, as the market remained plagued by low inventory. Sales of single-family, detached homes in the state during the first month of the year totaled 363,640 units, the third consecutive month that sales failed to reach 400,000 units, according to the monthly housing …

Montclair Plaza has been sold to a Los Angeles investment firm. The regional shopping mall, which opened in 1968 and is one of the oldest shopping centers in greater Los Angeles, was sold to CIM Group, according to a statement posted on the company’s Web site. The seller was CWCapital …

The Southern California housing market had its weakest January in three years, as higher prices, a smaller inventory and stiff lending rules combined to drive down sales in the six-county region. Sales were down 9.9 percent from January 2013, the fourth consecutive month that single-family home sales in the region …

With a recovering housing market comes higher-priced homes, and that can be a mixed blessing. On one hand, houses are worth more, so sellers make more money and owners have more equity in their homes. It also means that not as many people can afford to buy a home, as …

A San Diego developer has purchased a 430-acre site in Norco that has a history of of environmental problems attached to it. Lansing Companies bought the property for an undisclosed amount from Calcerf LLC, a consortium of six national banks, said Greg Lansing, the development company’s president and chief executive …

A San Francisco real estate developer will build its second logistics operation at the Meridian Industrial Park in Riverside. Newcastle Partners Inc. has bought a 25.7-acre parcel at 22200 Opportunity Way, where it will develop at 510,000-square-foot warehouse-distribution facility, said Phil Lombardo, executive vice president with Cushman & Wakefield Ontario. …