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, …
Read More »State housing market stays strong
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 …
Read More »Pomona apartment complex sells for $130 million
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 …
Read More »Riverside multifamily complex is sold
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 …
Read More »CVB Financial announces 129th straight dividend
CVB Financial Corp., in Ontario has announced an 18-cent per share dividend for the fourth quarter of this year. That dividend, approved by the board of directors last week, will be payable to shareholders of record as of Dec. 29, according to a statement on CVB Financial’s website. Payments will …
Read More »City accepting HUD grant applications
Moreno Valley is accepting applications for funding provided by the U.S. Department of Housing and Urban Development. City officials expect to receive a little more than $2 million in Community Development Block Grant funds, which will pay for programs that help low-and-moderate-income residents or neighborhoods. Moreno Valley also expects to …
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