Tag Archives: featured

A Reno, Nev.-based real estate investment and development firm has donated $10,000 to Feeding America Riverside, one of the Inland Empire’s largest food banks. The donation, announced Nov. 20, is part of Dermody Properties’ 2023 Annual Thanksgiving Capstone Award, according to a statement. Donations ranging from $3,750 to $10,000 were …

A Fontana building formerly occupied by Big Lots has been sold for $2.7 million. Red Mountain Group, a Santa Ana-based real estate developer, sold the structure to Mirian LP, a private investment group, according to a statement. Red Mountain Group bought the building at 17093 Valley Blvd earlier this year …

A residential retail property in downtown Palm Springs has been sold for $7.3 million. New Dawn Enterprises LLC purchased the 21,000-square-foot parcel at 803 N. Palm Canyon Drive from 803 N. Palm Canyon Holdings, according to CBRE’s Ontario office. “This was … a buyer who truly appreciates the opportunity of …

Work has begun on a project that state and local officials hope will revive the Salton Sea’s north shore. The North Lake Pilot Demonstration Project is being undertaken by Riverside County, the Salton Sea Authority, and the Salton Sea Management Program. The latter is a state agency dedicated to improving …

Higher interest rates continued to disrupt California’s housing market in October, according to data released on Nov. 20. Sales of existing single-family homes totaled 241,770 in October, down only 0.3 percent from September and down nearly 12 percent year-over, the California Association of Realtors reported. Those numbers take into account …

Gil Salazar has been promoted to senior vice president of information technology by Stater Bros. Markets Inc. Salazar, who was also named chief information officer, has nearly 35 years of IT experience and has worked for Stater Bros. for eight years, according to a statement on the company’s website. His …