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An Orange County industrial real estate company has secured financing on a 22-acre parcel in Moreno Valley. Cap Rock Partners in Newport Beach will either build a 500,000-square-foot industrial warehouse on the site, which is part of the World Logistics Center or sell the property once it’s entitled, according to …

Sales of existing single-family homes in California totaled 254,740 in August, down 5.3 percent from July and down 19 percent from August 2022, according to data released Monday. Statewide, the median home price last month was $859,800, up 3.3 percent from July and a three percent increase year-over-year, the California …

Riverside may be on the verge of getting an all-electric vehicle company to come to the city. City officials are negotiating with Ohmio Automotion Ltd. in Auckland, New Zealand, to establish that company’s international headquarters in Riverside, according to a statement released by the city earlier this month. During its …

California’s labor market added 23,100 non-agricultural workers in August, according to data released today. The state’s unemployment rate last month was 4.6 percent, unchanged for the third consecutive month, the state Employment Development Department reported. “It was a bit of a mixed bag during August, with the largest regions in …

Luther Snoke has had interim removed from his title. Snoke has been named the county’s chief executive officer by the board of supervisors after serving briefly in that role on an interim basis, according to a statement on the county’s website. “Throughout his time with the county, Luther has effectively …

Dr. Prem Reddy, founder and chief executive officer of PrimeHealthcare in Ontario, has been given the Healthcare Lifetime Achievement Award from the Indo-American Chamber of Commerce. Reddy was recognized for saving and improving hospitals across the nation, including Garden City Hospital in Garden City, Mich., and Lake Huron Medical Center …