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Riverside apartment complex sold before it’s completed

building sold

A 482-unit apartment complex in Riverside has been sold. The project, which sits on 18 acres at 3461 La Cadena Drive, is part of The Exchange, a 35-acre mixed-use development being developed by AFG Development LLC, according to a statement. JPI Development Group Inc. in Murrieta purchased the project from …

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San Bernardino park to get overhaul

Ontario looks to build a big park

San Bernardino will spend nearly $1 million upgrading one of its parks. Sal Saavedra Field, a 2.2-acre facility at 780 Roberds Ave. N, will get new fences, bleachers, parking amenities and a new scoreboard, according to a statement on the city’s website. The westside park’s building and baseball field also …

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Popular donut chain will come to IE

Randy’s Donuts, a Los Angeles institution since the 1950s, is coming to the Inland Empire. The chain is scheduled to open a location Friday at Magnolia Crossings, a recently opened shopping center on Van Buren Boulevard next to the 91 Freeway, according to multiple reports. The store, at 3519 Van …

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Home prices continue to grow

Nationwide housing prices take record jump

Home prices nationwide grew 18.3 percent in June, the 125th consecutive month of year-over-year price growth in the U.S. housing market, according to data released this week. Despite that, price appreciation slowed from the previous month for the second consecutive month, a sign of reduced buyer demand caused by higher …

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Inland manufacturing slows slightly

Inland Empire manufacturing

Inland Empire manufacturing continued to grow in July, but at slower rate than it grew during the previous month, according to data released today. The region’s purchasing managers index last month was 53, down from 56.2 in June but well above the 50 benchmark that determines growth or retraction in …

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Morongo to hold two job fairs

hiring prospects

The Morongo Casino Resort & Spa is scheduled to hold two job fairs in August. Tribal officials hope to make “hundreds” of hires during the course of both events, scheduled to be held from 10 a.m. to noon Aug. 9 and Aug. 23 in the Morongo Grand Ballroom, according to …

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