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Master-planned community breaks ground

Pardee Homes Inland Empire has broken ground on Atwell, a master-planned community in Banning. The project’s first phase will include 480 residential sites, two retail pads and a K-6 school site, according to a statement. It’s the first project of its kind in Banning in more than two decades. When …

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RCC to give out awards

Riverside City College will present a pair of awards at its annual President’s Dinner, scheduled to be held Oct. 18 at the Riverside Municipal Auditorium. Longtime community activist Debbi Guthrie will receive the school’s first Legacy Award, according to a statement. Guthrie is the former owner of Roy O. Huffman …

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Former NBA star to host fundraiser

Bryon Russell, who played 16 seasons in the NBA, will be master of ceremonies for the 2018 Piano Recital and Gala, a fundraiser held by the board of directors of the Community Action Partnership of San Bernardino County. This year’s event will raise money for the partnership’s food bank, which …

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Multifamily market stays strong

Inland apartments part of major transaction

Average multifamily rents in the United States rose $2 last month, a 3.1 percent increase compared with August 2017, according to data released this week. The average multifamily rent in August was $1,412, the seventh consecutive month that figure has hit a record high, Santa Barbara-based Yardi Matrix reported. Nationwide, …

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Foreclosures at lowest rates in 12 years

Inland Empire Foreclosures Down

Four point three percent of all mortgages in the United States were in some stage of delinquency in June, a slight year-over-year drop, according to data released Tuesday. June’s foreclosure inventory rate – which measures the number of mortgages in foreclosure –  was 0.5 percent nationwide, also a slight decline …

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Applying for a business loan? What does bankable mean?

By Eugene E. Valdez, AKA The Loan Doctor All of my current banking & finance consultant clients were initially consulting prospects. They were brave souls who attempted to navigate the murky waters of the commercial banking industry on their own and out of frustration and bewilderment hired me. They failed …

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