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Median rent in the United States rose 1.7 percent in February, to $1,937, according to data released recently. That was the smallest year-over-year increase in asking rental rates in nearly two years, and the lowest median rent nationwide in 12 months, Seattle-based Redfin reported. February was the ninth consecutive month …

More than 40 percent of Inland Empire households spend at least one-third of their income on housing, a UC Riverside report has found. The study – “Housing and Sustainability in the Inland Region: Affordability, Equity, and Changing Demographics – also found that housing construction in Riverside and San Bernardino is …

A 701-unit self-storage facility in Chino has been sold. Westport Properties Inc. in Irvine bought the facility at 13555 Ramona Ave. for an undisclosed sum, according to a statement released last week. The sellers name was not released. Westport, which owns and operates more than 13.2 million square feet of …

Temecula has added two businesses to its business incubator program. iatrixAir, Inc. and Terra Network Solutions have both been admitted into the Temecula Valley Entrepreneur’s Exchange, according to a statement on the city’s website. iatrixAir is a health-tech startup that stops airborne pathogens and biothreats. It uses “machine learning,” in …

The Inland Empire’s retail sector put up solid numbers during the fourth quarter, despite persistent inflation and a tighter-than-normal credit market. Vacancy was 6.5 percent, unchanged from the previous quarter, while the average lease rate of $2.15 per square foot represented a modest four-cent decrease compared with the third quarter, …

Albert Park has been named executive chef at the South Coast Winery Resort & Spa in Temecula. Park will be in charge of culinary operations at The Vineyard Rose Restaurant, the resort’s signature attraction, while also overseeing the Vineyard Grill at South Coast Winery’s sister property Carter Estate Winery and …