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Tamara Michel Josserand has been named vice president for advancement at the University of Redlands. Josserand, who was selected following a national search, will assume her new duties Oct. 10, according to a statement released by the university. “Tamara joins us as we are pushing to complete Forever Yours, the …

Vicki Carpenter has been appointed to the Mt. San Jacinto College Board of Trustees. Carpenter was appointed earlier this month to fill the board’s Area 3 seat, which represents Menifee and parts of Hemet, according to a statement. That seat became vacant in August when Bill Zimmerman stepped down to …

American Business Bank has opened a loan production office in Corona. Five people are working out of the office at 1250 Corona Pointe Court, said Karen Schoenbaum, the company’s chief financial officer. Riverside County has been a lucrative market for American Business Bank since the Los Angeles-based financial institution opened …

Homes with mortgages saw their equity increase by 12.3 percent nationwide during the second quarter, according to data released Thursday. That represented a gain of nearly $981 billion compared with the second quarter of 2017, Irvine-based CoreLogic reported. The average homeowner gained $16,200 in home equity during that time. About …

A gated community in Corona that will one day accommodate more than 1,600 home will display its first model homes Saturday. Bedford, which is being developed by The New Home Company in Aliso Viejo, is located southwest of the Cajalco Road-Interstate 15 interchange according to a statement released Wednesday. It …

A 504,000-square-foot warehouse-distribution facility in Riverside has been sold. Meridian Distribution Center II, which is part of the planned Meridian Business Park industrial project, sold for a reported $52 million, according to a  statement released Tuesday. Invesco Real Estate, a global real estate investment firm, bought the project from Sun …