A 35-unit apartment complex in San Bernardino has been sold for $5 million. Las Brisas Apartments, at 3665 N. E St., is a two-story gated community near San Bernardino Valley College that was recently purchased by a private investor who asked to remain anonymous, according to CBRE. “The seller found …
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Inland Empire manufacturing continued to grow during January, although at a slower rate than it has grown recently. The region’s purchasing manager index for the first month of 2022 was 51.0, down from 55.5 and barely above the 50 benchmark that determines growth or retraction, according to data released Tuesday …
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Home prices nationwide increased 15 percent in 2021, the result of high demand and not enough houses available for sale, according to data released Tuesday. That was a nine percent increase from 2020, as home prices grew 10 percent in first quarter and reached 18 percent growth in the fourth …
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Three retail pads at a new shopping center in Palm Desert have been sold. Chick-fil-A Drive Thru, Quick Quack Car Wash and AT&T/Spectrum bought one property each at the recently developed Monterey Crossing, according to Hanley Investment Group Real Estate Advisors. Hanley Investment arranged all three transactions, which combined totaled …
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Riverside’s state of the city address this year will be a virtual event. Scheduled to be held Feb. 24, the address by Mayor Patricia Lock Dawson will be streamed on Riverside TV – www.WatchRiverside.com – and social media, according to a statement on the city’s website. Local cable television outlets …
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CVB Financial Corp. the holding company for Citizens Business Bank, had net income of $47.7 million for the fourth quarter of 2021, compared with $49.8 million for the third quarter of 2021 and $50.1 million for the fourth quarter of 2020. Earnings per share were 35 cents for the fourth …
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IE Business Daily Business news for the Inland Empire.
