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American Business Bank reports stock dividend

Cal State University San Bernardino receives grant money

American Business Bank has declared a 10-cent stock dividend per common share. The dividend is payable July 22 to all shareholders of record at the close of business June 23, according to a statement. “We are pleased to announce the distribution of this stock dividend to our shareholders,” said Leon …

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Survey says public supports “Forever Marilyn”

Palm Springs affordable housing project gets state grant

A group of Palm Springs hotel owners is hitting back against those who oppose “Forever Marilyn,” a 26-foot sculpture of Marilyn Monroe the organization recently brought back to the city’s downtown after a seven-year absence. The non-profit P.S. Resorts commissioned a study of Coachella Valley residents that found 70 percent support …

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Arrowhead Regional adds oncology/infusion center

Regional Medical Center in Colton has opened an oncology and infusion therapy center for its cancer patients. A ribbon-cutting was held earlier this month attended by San Bernardino County Supervisors Janice Rutherford and Joe Baca and Colton mayor pro tem Ernest R. Cisneros, according to a statement on the county’s website. …

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U.S. Bank branch sells

building sold

A Rancho Cucamonga building that is home to a U.S. Bank branch office has been sold for $3.2 million. Progressive Real Estate Partners in Rancho Cucamonga represented both parties in the all-cash transaction, according to a statement released today. The seller is a private investor in Santa Barbara County, the …

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IE isn’t the only red-hot industrial market

housing market

Inland Empire industrial lease rates rose 24.1 percent year-over-year in the second quarter of this year, the second-highest increase of any U.S. submarket in that time, according to a report. Only Northern New Jersey, which recorded a 33.3 percent increase, was higher, according to a report released Thursday by CBRE. …

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