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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 …

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U.S. foreclosures up slightly

Mortgage Charts

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 …

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Menifee apartment complex sold

Sold Sign

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. …

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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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