Newport Beach-based Genesis Bank has opened a homeowners association banking division. The division will serve property management companies, homeowners associations, condo associations, and their boards of directors, according to a statement. It will provide online and mobile banking, treasury management, lockboxes, payment processing and depository, and fraud protection. “Genesis Bank …
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Might the Inland Empire industrial market be cooling a little? That could be the case, based on one major commercial brokerage’s assessment of how the market finished 2022. Sales and leases in Riverside and San Bernardino counties fell 9.6 million square feet between last year’s third and fourth quarters, from …
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A retail building next to Vineyard Ontario Plaza has been sold. The 3,060-square-foot structure at 1959 E. 4th St. was sold for $1.1 million, according to Progressive Real Estate in Rancho Cucamonga. The seller was LifeStream Blood Bank, a nonprofit that serves hospitals and medical centers in Southern California. The …
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San Bernardino building permits bounced back strongly in 2022. The city issued 6,093 permits last year, a 42.6 percent increase compared with 2021 and the most permits approved in any recent year, according to a statement on San Bernardino’s website. Last year’s permits were worth $363.8 million, up $132 million …
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The region’s purchasing managing index dipped below 50 for the third consecutive month in December, which means that the sector is contracting, not expanding. One person who helps compile that monthly data says she expects a quick recovery, but some obstacles must be overcome to make that happen. Barbara …
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Alan D. Wapner, has been named to the Airports Council International-North America’s policy council. Wapner, president of Ontario International Airport Authority’s board of commissioners, joins five new appointees on the ACI-NA’s policy council, according to a statement on the airport’s website. Airports Council International is a trade association that represents commercial …
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IE Business Daily Business news for the Inland Empire.
