A multifamily project in Rancho Cucamonga restricted to people 55 years old and older has been sold. The Village on 5th, a 264-unit property at Fairway View Place, changed ownership late last month for an undisclosed sum, according to CBRE. Acacia Capital Corp. a real estate firm in San Mateo, …
Read More »Coachella to provide pandemic assistance
Coachella will provide financial assistance to low-income immigrant families who did not receive help from the U.S government during the pandemic. The Immigrant Families Recovery Program will be managed by the Mission Asset Fund, a nonprofit based in San Francisco, and is expected to begin in October, according to a …
Read More »Riverside to discuss redistricting
Riverside will discuss redistricting at a series of public meetings and workshops starting this month. The first session is scheduled to be held at 3:30 p.m. Aug. 3 at city hall before the city council’s Inclusiveness, Community Engagement, and Governmental Processes Committee, according to a statement on the city’s website. …
Read More »Palm Springs wants to pay for the same real estate twice
The city wants to buy 120 acres on its north end from College of the Desert, land Palm Springs bought 12 years ago and gave to the school so it could build a campus there. Now, the city wants to repurchase that property, on the condition COD builds the campus …
Read More »Report: Riverside vulnerable to housing shortage
Riverside’s housing market is among the most vulnerable in the United States to a slowdown if a recession hits, according to a recent study. Homeowners in Boise, Idaho, Tampa, Fla. and Phoenix, Ariz. are considered more likely to lose at least some of the value their properties accumulated during the …
Read More »Donation to fund CSUSB lecture series
Cal State San Bernardino has received a $200,000 donation that it will use to establish the Edward Said Endowed Lecture Series. The gift, from local philanthropist Mustafa Milbis and his wife Beatriz, will fund annual discussion by experts on contemporary Palestine, according to a statement on the school’s website. Cal …
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