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 …
Read More »
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. …
Read More »
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 …
Read More »
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 …
Read More »
A firm that produces containers and other manufacturing supplies will move its Jurupa Valley manufacturing operation to a larger building in that city. The Cary Company has signed a 10-year lease on a 139,000 square-foot industrial building at 10220 San Sevaine Way, according to a statement released Monday by Avison …
Read More »
Ontario-based Citizens Business Bank has completed its merger with Suncrest Bank in Visalia. The merger, which received state and federal regulatory approval in November, became official Friday, according to a statement released Friday by CVB Financial Corp., Citizens Business Bank’s holding company. The stock and cash transaction is valued at …
Read More »
IE Business Daily Business news for the Inland Empire.
