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U.S. mortgages delinquencies decline

Mortgage delinquencies continue to fall

Nearly three percent of all U.S. mortgages were in some state of delinquency in April, a 1.8 percent year-over-year drop, according to data released Monday. Early-stage delinquencies – 30 to 59 days past due – stood at 1.2 percent, up from one percent in April 2021, according to CoreLogic in …

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Piece of La Quinta shopping center sold

Sold Stamp

Part of a retail community center in La Quinta has been sold for $35 million. Milan Capital Management, a real estate investment company in Orange, purchased 154,383 square feet of One Eleven La Quinta Center, according to SRS Real Estate Partners’ Investment Properties Group in Newport Beach. The seller was …

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Beauty retailer to locate in Ranch Cucamonga

A beauty supply retailer plans to open its second Southern California store in Rancho Cucamonga. Beauty4U has purchased a 4,972-square-foot freestanding building across the street from Victoria Gardens, where it plans to locate later this year, according to a statement released Monday by Progressive Real Estate Partners in Rancho Cucamonga. …

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Perris park to get multi-million dollar upgrade

Ontario looks to build a big park

Perris will spend $8.5 million expanding and upgrading 62-year-old Foss Field Park. The money, part of California’s recently passed budget, was part of $300 million secured by State Sen. Richard Roth, and Assemblyman Jose Medina, both Democrats from Riverside, according to a statement on the city’s website. Possible improvements include a …

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UC nurses OK contract

UCR ranked among top universities

University of California nurses have overwhelmingly approved a three-year contract that will give them higher pay while protecting their benefits. The agreement “improves patient care, workplace safety, and union rights” while protecting union members from subcontractors, according to a statement by the California Nurses Association and National Nurses United. Announced …

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California looks to add green jobs

UCR ranked among top universities

With an emphasis on manufacturing zero emission vehicles, something it’s already doing relatively well. Best of all, a gradual shift to a green economy shouldn’t hurt job growth, according to a recent report.     Despite having a smaller green economy than most states, California is on track to catch …

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