A 3.3-acre commercial parcel in Hemet has been sold for $1.7 million. The buyer, Sater Hemer LLC, plans to build a gas station, car wash and drive-thru restaurant on the vacant property at the northeast corner of Florida and Soboba avenues, according to Progressive Real Estate Partners in Rancho Cucamonga. …
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Remote instruction will continue at UC Riverside through Jan. 28, with in-person instruction expected to resume three days later. Clinical, internship, and field courses will be taught in person through the 28th, and the campus is open during that time, according to statement on the university’s website signed by Chancellor …
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A 236-unit multifamily complex in Upland has been sold. The Benson, which recently underwent a major upgrade, changed hands for $80.7 million, or $342,161 per unit, according to Institutional Property Advisors, a division of Marcus & Millichap. The seller, who was not identified, is an affiliate of Abacus Capital Group …
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Menifee has closed its city hall and other facilities because of the surge in COVID-19 cases. Starting today, the Riverside County city has shifted to virtual and phone service exclusively during the temporary closure, according to a statement on the city’s website. All facilities are expected to reopen Jan. 31. …
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Three point eight percent of all U.S. mortgages were in some state of delinquency in October, a year-over-year decrease of 2.3 percent, according to data released Monday. Early delinquencies – 30 to 59 days past due – were down 1.2 percent, while adverse delinquencies – 60 to 89 days due …
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Some local high school upperclassmen will soon be able to sign up for classes that will introduce them to a possible aviation career. Aviation Careers Pathway is an eight-week course that will be provided on consecutive Saturdays, starting April 23 and ending June 11. The program is free and open …
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IE Business Daily Business news for the Inland Empire.
