Real Estate

National home prices increased 4.9 percent in June compared with June 2019, according to data. Month-over-month, prices of condominiums and single-family homes rose one percent in June, the fastest monthly gain since January 2013, Irvine-based CoreLogic reported in its monthly assessment of the U. S. Housing market. “Mortgage rates hit …

An 18-unit apartment complex in Fontana has sold of $2.6 million. The Juniper Apartments at 8945 Juniper Ave. was sold by a local private investor whose name was not released, CBRE said Wednesday. Information about the buyer was not available. The property is near Chaffey College, the Fontana Metrolink Station, …

KB Home is introducing its home office design this week at two Inland Empire developments. The Carmel Ridge at Spring Mountain Ranch in Riverside and Talavera community in Menifee will include the home office, which is designed to make working from home easier and more productive, according to a statement …

A multi-tenant retail building in Lake Elsinore has been sold. The 144,034 square-foot structure at Lake Elsinore Marketplace  – anchored by Costco, Lowe’s, Grocery Outlet, PetSmart, and Dollar Tree – sold for $3.7 million, according to a statement. Hanley Investment Group Real Estate Advisors, which buys and sells retail properties, …

Ontario-based Avison Young has announced the sale of a three-building industrial property in Perris for $2.6 million. The 13,100-square-foot property at 2282 Goetz Road was sold to a private investment group in Perris, the real estate brokerage said. The buyer, AJ Rental Inc. in Irvine, was represented by Cushman & …

A four-building business park in Riverside has been sold for just over $14 million. Commerce Square, a 128,912-square-foot project within Hunter Park, was bought recently by an undisclosed party, according to a statement released by Newmark Knight Frank. The project, which is 90 percent leased, is at 1550 Marlborough Ave. …