UC Riverside has received a $126 million state grant that school officials hope will build a 1,500-bed on-campus student residence complex. The project, which will need another $220 million in borrowed revenue to be built, is scheduled to be voted on by the UC Board of Regents in September, according …
Read More »CUSM gets accreditation
The California University of Science and Medicine has been accredited by the Western Association of Schools and Colleges. That accreditation, by the association’s senior college and university commission, validates the Colton-based medical school’s academic structure and its role in providing doctors for the Inland Empire, according to a university statement. …
Read More »San Bernardino to host small business conference
San Bernardino will host the inaugural San Bernardino County Small Business Development Conference on July 27 at the Doubletree by Hilton Hotel, 285 Hospitality Lane. The event will bring together small and medium-sized businesses, startups, and entrepreneurs who are looking for ways to improve and expand their businesses, according to …
Read More »State home sales still struggling
Sales of existing single-family homes in California remained below 300,000 in June, the ninth consecutive month the state’s housing market has failed to surpass that number. Closed escrow sales totaled 277,490 during the sixth month of the year, down 4.1 percent from May and 19.7 percent year-over-year, according to data …
Read More »Industrial site sells for $61 million
An industrial property in Colton has been sold for $61 million. The 19-acre site was sold to Clarion Partners in Los Angeles and EBS Realty Partners in Newport Beach, according to CBRE. Hager Pacific Properties in Newport Beach, which CBRE represented, was the seller. The property at 275 and 375 De …
Read More »MoVal recognized for housing policy
Moreno Valley has received a pro-housing designation from the California Department of Housing and Community Development. That classification, which Gov. Gavin Newsom announced on July 14, means Moreno Valley has priority regarding some state grant programs, including the Pro-Housing Incentive Pilot grant and the Affordable Housing & Sustainable Communities funding …
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