Saturday , August 13 2022

Real Estate

Inland multifamily rents climb

Multifamily rents in the Inland Empire grew 11.2 percent in May year-over-year, according to data released this week. That ranks the Inland region 18th in multifamily rent growth among the top 40 U.S. markets, between Indianapolis [11.8 percent] and Denver [10.8 percent], according to apartments.com. Florida cities made up the …

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Home prices hit a new high

Housing rents continue to rise

U.S. home prices grew by a record-high 20.9 percent in April, according to data released this week. That was the second consecutive month home prices were up by more than 20 percent, and the 123rd consecutive month that an increase in home prices was recorded, Irvine-based CoreLogic reported. An estimated …

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Starbucks to locate in Corona

Starbucks has signed a 10-year lease to occupy space in Corona. The 1,800-square-foot drive-thru facility will be built on an open parcel at 4300 Green River Road, according to Progressive Real Estate Partners in Rancho Cucamonga. The property, visible from the 91 Freeway, is in front of a service-oriented retail …

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