Real Estate

A retail property in Barstow occupied by Raising Cane’s Chicken Fingers has sold for $5.5 million. The transaction includes the 1.2-acre site at 2620 Fisher Blvd. where the fast-food restaurant is located and its 15-year lease, according to SRS Real Estate Partners. SRS represented the seller, Starboard Realty Advisors. Newmark …

Expanded rental assistance is available to housing providers under the California Rent Relief Program. The program allows residential landlords with eligible tenants to recover 100 percent of unpaid COVID-19 rent owed to them going back to April 1, 2020, according to the California Association of Realtors. Previously, state law prohibited …

A 70-acre parcel in Riverside County intended for residential development is for sale. Stone Creek, at the southeast corner of Grand Avenue and Leon Road in the unincorporated Winchester, will accommodate 224 single-family homes, according to WD Land in Irvine. The site includes a 5.7-acre park and 3.8 acres of …

Only 23 percent of California households could afford to buy a median-priced home – $817,950 – during the second quarter of 2021, according to a report. That was down from 27 percent in the first quarter of 2021 and from 33 percent year-over-over, drops caused by low-interest rates and not …

An 18,000 square-foot industrial building in Riverside has been sold for $3.7 million. The structure, located at 887 Marlborough Ave., was sold by New Power Inc. in Riverside to a private investor, according to Avison Young Ontario. New Power Inc., which Avison Young represented, is a solar power company. It …

Sales of existing, single-family detached homes in California totaled 428,980 in July, the California Association of Realtors reported Monday. That figure, taken from more than 90 commercial real estate brokerages and multiple listing services statewide, was down 1.6 percent from June and two percent year-over-year, according to the Los Angeles-based …