Real Estate

A 349-unit apartment complex in Pomona has been sold for $130 million. Monterey Station, 120-180 E. Monterey Ave., was purchased by Standard Communities and Faring in Los Angeles, which develops affordable workforce housing, according to CBRE. The seller, Clear Capital LLC in Irvine, which invests in multifamily properties, was represented …

A 264-unit apartment complex in Riverside has been sold. Viano at Riverwalk was sold by Griffin Living, a real estate development firm in Calabasas, for an undisclosed sum, according to a statement released by CBRE. The buyer was Greystar Real Estate Partners in Charleston, S.C. Greystar is an international real …

An Ontario property originally intended for houses will instead be home to a “big-box” industrial project. Dermody Properties will develop Logisticenter at Ontario Ranch on a 54.4-acre parcel at Hamner Avenue and Ontario Ranch Road, the Reno-based company announced Tuesday. Logisticenter will consist of one industrial warehouse that will cover …

Nearly four percent of all U.S. mortgages were in some state of delinquency – at least 30 days or more past due – in September, a 2.4 percent year-over-year decrease, according to data released this week. Adverse delinquencies – 60 to 89 days past due – were at 0.3 percent in September, …

Avison Young has negotiated the sale of a 139,000-square-foot industrial building in Jurupa Valley. The vacant structure at 10220 San Sevaine Way sold for $19.8 million. The buyer was a was Stos Partners, a real estate investment firm in San Diego. The seller was a private company whose name was …

A 75-unit apartment complex in Ontario has been sold for $28 million. The property, at 840 Magnolia Ave., was purchased by a private foreign investor whose name was not released, according to CBRE Ontario, which brokered the deal. The seller was a private investor who also wished to remain anonymous. …