Riverside is continuing to reopen some facilities and increase hours at others, as COVID-19 shows some signs of receding. Public utilities payment centers are now open 9 a.m. to 5 p.m. weekdays, starting Thursday at the Downtown Customer Service Center and the Casa Blanca Customer Resource Center, according to a …
Read More »Two multifamily properties change hands
A 13-unit multifamily portfolio in Bloomington has been sold for $2.7 million. Located in the 17770 block of Marygold Ave. and 9945 Alder Ave., the properties include 3.5 acres of surplus land for development or other uses, according to CBRE. CBRE represented buyer and seller in the negotiations. Information about those …
Read More »U.S. foreclosures up slightly
An estimated 5.6 percent of all U.S. mortgages were in delinquency – at least 30 days past due – in January, according to data released last week. That was a year-over-year increase of 2.1 percent, although month-by-month delinquency rates have been dropping since August, Irvine-based Core Logic reported in its …
Read More »Menifee apartment complex sold
An apartment complex in Menifee has sold for $6.5 million. The 34-unit community at 28378 Encanto Drive was purchased recently by a private investor whose name was not released. The seller also wished to remain anonymous. CBRE represented both parties. Built in 1992, the complex is on nearly three acres. …
Read More »San Bernardino hires a development team to fix Carousel Mall
Now comes the hard part: coming up with a plan that is likely to work. Nothing less than the future of the city’s downtown is at stake. After more than 20 years of false starts, missed opportunities and renovation plans that didn’t pan out, San Bernardino may finally be ready to …
Read More »ONT passenger numbers improve
Finally, some good news regarding passenger traffic at Ontario International Airport. The airport, hit hard by COVID-19, accommodated close to 260,000 passengers in March, an 11 percent year-over-year increase, according to data released Wednesday. The airport has regained more than half the passengers it has lost during the pandemic, which …
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