Riverside housing rents rose an average of 17.2 percent between February 2021 February 2022, one of the largest increases of any major U.S. metropolitan area during that time. Average monthly rents in the city during that time were $2,653 a month, while the average monthly mortgage – based on a …
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Ontario has agreed to build more than 20,000 housing units between now and October 2029, including 9,000 units for low-income residents. The updated housing element, adopted earlier this month, represents what the city is required to build under the state-mandated Regional Housing Needs Assessment (RHNA), according to a statement on …
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The $28 million Wellness Center Campus, scheduled to begin its first phase of construction next month, will provide medical and other services to people who have no place to live. The facility will be paid for by a grant from the state’s Homekey program. Victorville is about to …
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Large warehouses in the Inland Empire are performing quite well, according to data released this week. The two-county region’s 0.4 percent vacancy rate among warehouses 200,000 square feet or larger was second only to Los Angeles County’s 0.2 percent in North America, according to CBRE. “The past year was a …
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Two board members at CVB Financial Corp. in Ontario, the holding company for Citizens Business Bank, have announced their resignations. Kristina M. Leslie and Marshall V. Laitsch, will retire from the boards of both financial institutions in May when their terms expire, according to a statement. Leslie was appointed to …
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Darla Sebastian has been promoted to vice president of special projects by Cardenas Markets in Ontario. A Cardenas employee for two years, Sebastian has more than 20 years experience in retail management with an emphasis on eCommerce, supply chain, finance operations and store systems, according to a statement on the …
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IE Business Daily Business news for the Inland Empire.
