Ontario Ranch, a 20-acre master-planned community in southern Ontario, has been sold to an Orange County firm that plans to develop a major retail project there. Wood Investment Cos. in Costa Mesa paid $18.5 million for the project, reportedly the largest master-planned community in Southern California, according to a statement …
Read More »Victorville program assists with utility payments
Victorville is trying to help residents who are having difficulty paying their utility bills because of COVID-19. The city council voted unanimously to spend $2 million of its allotment from the American Rescue Plan Act of 2021 to fund its Utility Bill Assistance Program, according to a statement on the …
Read More »Apartment project sells for $8.3 million
A 44-unit apartment complex in Riverside has been sold for $8.3 million. Ramona Oaks Apartments, 3401 Ramona Drive, is a six-building property that features 20 one-bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, according to CBRE. The buyer and seller were both private investors whose names were not released. CBRE …
Read More »SB apartment complex sells for $18 million
A 79-unit apartment complex in San Bernardino has been sold for $18 million. Multiple offers were made on the 35-year-old project at 160 E. Parkdale Drive, according to The Mogharebi Group, the brokerage firm that negotiated the transaction. Buyer and seller were both private investments groups in Los Angeles whose …
Read More »“Last-mile’ facility in Rancho Cucamonga changes hands
An Orange County company that develops and invests in industrial real estate in Southern California has purchased a facility in Rancho Cucamonga. Alere Property Group in Newport Beach bought the warehouse distribution facility at 8700 White Oak Ave. for an undisclosed sum, according to a statement. Built-in 2000, the 72,051 …
Read More »CSUSB program to help with healthcare worker shortage
Cal State San Bernardino will become the first public university in Southern California to offer a Master of Science Physician Assistant curriculum. The program, expected to start in the fall of 2024, will help address the chronic shortage of healthcare professionals in the Inland Empire, according to a statement on …
Read More »