California’s housing market improved slightly in February, the result of slight improvements in mortgage rates and affordability. Sales of existing single-family homes totaled 274,820 last month, up seven percent from January but down 0.3 percent year-over-year, according to the California Association of Realtors. Statewide, the median price of a single-family …
Read More »Entrepreneurship Center claims $1 billion Impact
The Randall W. Lewis Center for Entrepreneurship at Cal State San Bernardino has helped generate more than $1 billion for the Inland Empire economy during the last 20 years, the organization has announced. That figure includes helping startup businesses and businesses that want to expand get access to capital, helping …
Read More »Riverside makes more money available to Blythe hospital
Efforts to save Palo Verde Hospital in Blythe received another assist recently from the Riverside County Board of Supervisors. On March 3, the board voted 4-0 to give a $3.4 million “expansion loan” in support of the Palo Verde Healthcare District, which owns the hospital, to the California Department of …
Read More »Perris retail property sold
A 12,500-square-foot retail pad in Perris has been sold for $8.2 million. The property at 1820 N. Perris Blvd. is fully occupied by multiple tenants, including Baskin Robbins, Fiesta Auto Insurance, Great Clips, Pacific Dental, Sally Beauty, and Verizon, according to Hanley Investment Group in Corona Del Mar. Information about …
Read More »Agyin named RivCo’s environmental health director
Freddie Agyin has been named Riverside County’s director of environmental health. Agyin joins the county after serving as director of the Health and Environmental Control Department in Vernon, according to a statement on the county’s website. Before that, Agyin served as branch director of environmental health for the Los Angeles …
Read More »Hawkins steps down as Temecula’s assistant CM
Kevin Hawkins has retired as Temecula’s assistant city manager, concluding a 35-year public service career that included positions in Inglewood and San Bernardino. Deputy City Manager Luke Watson succeeded Hawkins March 7, according to a statement on the city’s website. Hawkins’ retirement will become official May 1. He joined the …
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IE Business Daily Business news for the Inland Empire.