Real Estate

Riverside housing rents rose an average of 17.2 percent between February 2021 February 2022, one of the largest increases of any major U.S. metropolitan area during that time. Average monthly rents in the city during that time were $2,653 a month, while the average monthly mortgage – based on a …

Ontario has agreed to build more than 20,000 housing units between now and October 2029, including 9,000 units for low-income residents. The updated housing element, adopted earlier this month, represents what the city is required to build under the state-mandated Regional Housing Needs Assessment (RHNA), according to a statement on …

CBRE has negotiated the sale of the Inland Empire Center in Fontana. The retail center, which covers nearly 310,000 square feet, sold for $70.5 million to to JH Real Estate Partners, Inc., a real estate investment company in Newport Beach, according to statement released today. The seller’s name was not …

Single-family home sales fell 8.2 percent year-over-year in February, the eight consecutive month sales have fallen in that category, according to a report released this week. Statewide sales totaled 424,640 during the second month of the year, while the median price of a home in California was $771,270, up 10.3 …

An Orange County company has bought a 13-acre parcel in Corona that is home to a 67,000-square-foot industrial building occupied by Laticrete International, which makes concrete and stone building materials. North Palisades Partners, an industrial and development firm, paid $35 million for the property at 22740 Temescal Canyon Road in …

A Class A Riverside office building has been sold for $13.1 million. The property, at 2280 Market St., sold to a California-based business whose name was not released, according to Dornin Investment Group, the building’s seller. Dornin investment, a real estate firm with offices in Laguna Beach and Las Vegas, …