Real Estate

Part two of an affordable housing project in Moreno Valley has been completed. Thirty-two units have been added to Courtyards at Cottonwood, a public-private development at Indian Street and Cottonwood Avenue, according to a statement on the city’s website. Moreno Valley, Riverside County, Rancho Belago Developers, Inc. in Moreno Valley, …

Sales of existing single-family homes in California reached 279,810 in July, up 3.6 percent month-over-month and up 4.1 percent from July 2023, according to the California Association of Realtors. Statewide, the median price of a single-family home last month was $886,560, down 1.6 percent from June but up 6.5 percent, …

A retail building in Riverside anchored by a Chipotle drive-thru has been sold for $5.8 million. The three-tenant project at 22430 Van Buren Blvd. next to Interstate 215 is also home to a dentist’s office, and a BHC Chicken is expected to open there in October, according to Hanley Investment …

Fourteen percent of California households could afford a median-priced home – $906,600 – during the second quarter of this year, according to data released Aug.13. That was a 17 percent drop from the first quarter and a 16 percent decline year-over-year, the California Association of Realtors reported. To afford that purchase, …

An Irvine company will oversee an apartment complex in the Coachella Valley. Western National Property Management will manage Millennium Apartments, a 330-unit luxury community in Palm Desert, CA., according to a statement. Terms of the agreement were not disclosed. Millenium is at 74699 Technology Drive near Acrisure Arena,  which hosts concerts …

A downtown Riverside strip mall has been sold for $3.6 million. The 7,250-square-foot retail center at 3948-3964 University Ave. was purchased by an Orange County investor whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller was a Los Angeles investor who also wished …