Real Estate

Construction has begun on a 346-unit apartment complex in Ontario. Legacy Partners in Foster City, which specializes in multifamily projects, and DWS Group, a global asset management company, are developing Legacy Ontario at 2510 S. Euclid Ave., according to a statement. The project will consist of eight, three or four-story …

A building in Montclair formerly occupied by a Red Lobster restaurant has been sold. The 6,200-square-foot structure at 9345 Monte Vista Ave. sold for $2.5 million, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller, represented by Progressive, is a private investor in the San Gabriel Valley. The …

California last month experienced its largest year-over-year increase in single-family home sales in more than three years, according to a report released Dec. 17. Sales of existing single-family homes in November reached 267,800, up 1.1 percent from October and 19.5 percent from November 2023, the California Association of Realtors reported. …

An industrial portfolio that includes buildings in Chino and Pomona has been sold. Proficiency Capital LLC in Los Angeles recently bought McGee Business Center, which consists of one business park in each of those cities, according to a statement. The Chino facility at 12301-12395 Mills Ave. includes five buildings that …

A Denver-based real estate investment firm has bought a 158-unit multifamily property in Riverside. Sagard Real Estate purchased Vista Imperio, a garden-style property that covers eight acres at 5880 Lochmoor Drive, according to a statement. The project is in Sycamore Canyon, about one-quarter mile from UC Riverside. Cost of the …

A San Diego-based company will oversee a Riverside apartment complex. Sunrise Management is in charge of marketing, leasing and all day-to-day activities at LuxLiv, a 62-unit facility at 3905 Dawes St., according to a statement. Terms of the management agreement were not disclosed. Vanamor, a multifamily investment and management firm …