Tag Archives: featured

Three apartment complexes in the Coachella Valley have been sold for $3.8 million. The properties, at 3760 and 4022 E. Calle De Carlos in Palm Springs and 78981 Savanna La Mar Drive in Bermuda Dunes, were bought by a local private investor whose name was not released, according to a …

San Bernardino has received a $150,000 grant from the Irvine Foundation that will help pay for an economic consultant. Bruce Katz, director of the Nowak Metro Finance Lab at Drexel University in Philadelphia, will develop an investment plan that will help the city match its financial needs with public and …

A Chicago-based real estate investment company has purchased a 736-unit apartment complex in Ontario. Waterton, which specializes in multifamily, senior living and hospitality projects, bought Terracina 3303 S. Archibald Ave., for an undisclosed sum, according to a statement on the company’s website. The 41.3-acre community, which will be rebranded as …

Amazon is building a 4.1-million-square-foot warehouse distribution facility in Ontario. The five-story project will reportedly employ 1,500 people and be the online retail company’s largest logistics facility anywhere in the world, according to multiple reports. ProLogis Inc., a San Francisco-based real estate trust, is building the project in the southwest …

Councilman Ed A. Delgado has been named Moreno Valley’s mayor pro tem. A 25-year Moreno Valley resident, Delgado was elected in November to represent the second district, according to a statement on the city’s website. Delgado serves on the city’s economic development, public safety and parks and community services subcommittees. …

Victorville fire department personnel have approved a contract that gives them their first increase in salary and benefits in four years. The five-year agreement, which department members approved unanimously, calls for a 23.6 percent salary increase for firefighter-paramedics during the first year of the agreement. The contract also provides a …