Atif Elkadi has been promoted to deputy executive director of Ontario International Airport. In the recently created position Elkadi will have an expanded role in the airport’s daily operation and administration, according to a statement released by the Ontario International Airport Authority. Ellkadi joined the authority last November. As chief …
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A mixed-use residential project is scheduled to open Thursday in downtown Riverside. Imperial Hardware Lofts covers 8,000 square feet at 3750 Main St., about one block from the Mission Inn & Spa, according to a statement. The project, which broke ground in late 2016, has one floor of retail topped …
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The merger of CVB Financial Corp. in Ontario and Pasadena-based Community Bank has been completed. First announced in February, the transaction became official late Friday afternoon, according to a statement released by both financial entities. Value of the deal is approximately $903 million. The agreement joins Citizens Business Bank, a …
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A large warehouse-distribution complex in San Bernardino has been sold. The Cajon Distribution Center, which covers 830,750 square feet at 6207 N. Cajon Blvd., was sold to DHL for an undisclosed sum, according to a statement released Monday. Westcore Properties, a commercial real estate investment company in San Diego, was …
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Not enough houses are being built, which is causing a drop in supply that is driving up prices and keeping first-time buyers out of the market. That pattern might not go away anytime soon. The price of a single-family home is going up, and just about everyone agrees on the …
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California’s water problems have more to do with management than they do with supply, an attorney who deals exclusively with water issues said Friday. “The state has plenty of water, but it has to do a better job of managing it,” said Russell McGlothlin of the Santa Barbara office of …
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IE Business Daily Business news for the Inland Empire.
