It was good news and bad news for the Inland Empire housing market in December. First, the good news: prices are getting back to levels where people have some equity in their homes, which is encouraging for anyone who is still struggling with an underwater mortgage. The median price of …
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A private investment group has bought a 19-acre parcel in Perris. Stone River Capital LLC in Stanton purchased the land from Water Avenue 20 LLC, another private investment group, for an undisclosed sum, said David Harbour, senior land advisor with WD Land in Irvine. The property, which is open space, …
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Analysts say the market should continue to improve in 2014, but a return to the booming pre-recession housing industry isn’t expected this year and may never happen While no one is predicting a return to the heady days of the mid-2000’s, the Inland Empire housing market should continue to improve …
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NAIOP Inland Empire will hold its third annual REXIE Awards Jan. 21 at the Ontario Airport Hilton. About 280 commercial real estate professionals are expected to attend the event, which recognizes local professionals and businesses for exceptional work in the Inland Empire, according to a release. The program, a fundraiser …
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An international footwear and clothing manufacturer has signed a 10-year lease on a warehouse-distribution facility in Moreno Valley. Deckers Outdoor Corp. expects to move into the 800,000-square-foot building in July, said Art Barrett, spokesman for Sares-Regis Group in Irvine. Sares-Regis is developing the project on Grove View Road near Perris …
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A Corona homebuilder has purchased an infill property in Upland where it plans to build 42 single-family homes. Meritage Homes Corp. paid approximately $7.5 million for 10 acres on 19th Street immediately west of North Campus Avenue, said Les Whittlesey, founding principal with WD Land Inc. in Irvine. The seller …
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IE Business Daily Business news for the Inland Empire.
