Two retail buildings near Highland Village Shopping Center in Fontana have been sold. The structures, both of which have tenants, are at 16918-16938 S. Highland Ave., next to the shopping center at Highland and Sierra avenues, according to Hanley Investment Group Real Estate Advisors. Both buildings combined cover more than …
Read More »Mortgage delinquencies drop
Three point six percent of all US mortgages were in delinquency in November, a 2.3 percent year-over-year drop, according to data released Tuesday. Early-stage delinquencies – 30 to 59 days overdue – totaled 1.2 percent, down from 1.4 percent, according to CoreLogic in Irvine. Loans 60 to 89 days past …
Read More »Senior housing project under construction in downtown Riverside
Construction has started on a 95-unit affordable senior housing project in Riverside. Oasis Senior Villas is expected to be finished in the summer of 2023, according to a statement by R.D. Olson Construction in Irvine, the project’s general contractor. The four-building development, half of which will be for homeless seniors …
Read More »City to spend extra funds on public safety, quality of life
Moreno Valley will spend $5.5 million to improve its public safety and quality of life. The city council approved the expenditures at its Feb. 1 council meeting, according to a statement on the city’s website. The spending is part of a first-quarter budget update. It will help pay for a …
Read More »Big Bear Lake retail centers sells
A retail center in Big Bear Lake has sold for $3.9 million. The Village Mall at Big Bear, 40729 Village Drive, changed hands in an all-cash transaction between two private investors whose names were not released, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller, who …
Read More »March ARB to be home to the U.S. Air Force’s new in-flight refueling planes
That’s good news for the base, which probably won’t be shut down because of that decision. It’s also good news for the Inland economy. The U.S. Air Force might have done the Inland Empire a big favor last month, one that could help the region economically for years. …
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