Todd Corbin has been named general manager of Riverside public utilities. The former general manager of the Jurupa Community Services District, Corbin was appointed by City Manager Al Zelinka and approved by the public utilities board earlier this month, according to a statement on the city’s website. Corbin has spent …
Read More »Bank Regulators/Banks: Factors Considered in the Approval of Business Loans
By Eugene E. Valdez AKA The Loan Doctor™ Many business experts believe that loosening credit to small businesses should be a top priority for banks and policymakers. In my opinion making credit accessible to sound businesses is crucial to our economy and so should be front and center among our …
Read More »Aldi to open in San Jacinto
Aldi, German grocery store chain that is making major inroads in Southern California, will open its first San Jacinto store next month. A ribbon-cutting ceremony is scheduled to he held at 8 a.m. December 6, with the first 100 people in line to receive Golden Ticket gift cards, according to …
Read More »State unemployment stays down
California’s unemployment rate stayed at 4.1 percent in October, a record low, according to data. State employers added 36,400 non-agricultural jobs last month, bringing California’s job creation total to more than three million since the economic recovery began nearly nine years ago, the state Employment Development Department reported. Year-over-year, California’s …
Read More »Cathedral City apartment complex fetches record price
Presidio Park, a 45-unit apartment community in Cathedral City, has sold for a record price. The property at 69150 Gerald Ford Drive changed hands for $7 million, or $155,556 per unit, according to a statement. The buyer was a private investment group in Riverside, the seller a family partnership in …
Read More »High Desert commercial, property sells
More than 15 acres of prime commercial land in Hesperia has been sold. The four parcels – three at Interstate 15 and Ranchero Road and one at Tamarisk Avenue and Ranchero Road – changed hands for a combined $4.3 million, Progressive Real Estate Partners said in a statement. The first …
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