Palm Springs International Airport broke pre-pandemic passenger records in November, the sixth consecutive month the airport accomplished that feat. Passenger count for the eleventh month of 2021 was 271,944, a 151.7 percent increase over November 2020, according to a statement. Previously, the record passenger count for November was in 2018, …
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Despite the supply chain disruption, Omicron variant, and labor shortage, the Inland economy should do OK, but probably not great, in 2022. Much depends on whether the Federal Reserve decides to raise interest rates and if it does, by how much. Some clouds are on the horizon – creeping inflation, …
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Ontario International Airport has again been named the fastest-growing airport in the United States by a major aviation trade publication. For the fourth consecutive year, Global Traveler – whose readership is primarily frequent business travelers who fly both domestically and internationally – recognized Ontario International as the country’s fastest-growing airport, …
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California’s housing market remained strong in November, despite its perennial problem of not enough houses being built, according to the California Association of Realtors. Sales of existing, single-family homes totaled 454,450 last month, up 4.7 percent from October but down 10.7 percent year-over-year, the association reported. Statewide, the median home …
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A 349-unit apartment complex in Pomona has been sold for $130 million. Monterey Station, 120-180 E. Monterey Ave., was purchased by Standard Communities and Faring in Los Angeles, which develops affordable workforce housing, according to CBRE. The seller, Clear Capital LLC in Irvine, which invests in multifamily properties, was represented …
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A 264-unit apartment complex in Riverside has been sold. Viano at Riverwalk was sold by Griffin Living, a real estate development firm in Calabasas, for an undisclosed sum, according to a statement released by CBRE. The buyer was Greystar Real Estate Partners in Charleston, S.C. Greystar is an international real …
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IE Business Daily Business news for the Inland Empire.
