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Inland region has strong apartment market

Apartment complex changes hands

The Inland Empire’s apartment market has a 95.7 percent occupancy rate for March, making it one of the country’s stronger multifamily markets, according to data released Thursday. The two-county region tied with Los Angeles, San Diego, San Francisco and Detroit for the highest occupancy rates among major U.S. markets, RealPage …

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Real home prices in Riverside decline

National pending home sales drops slightly

Riverside sustained a 3.3 percent drop in real housing price between January of this year and January 2017, one of the largest declines in the United States, according to data released Wednesday. Pittsburgh, -7.8 percent, Memphis, -2.4 percent, Baltimore, -2 percent and Virginia Beach at -1.8 percent recorded the other …

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Uber Eats comes to part of Riverside County

Uber Eats, the food delivery service, has begun operating in Temecula, Murrieta and Menifee. The program began offering deliveries in those three cities Wednesday, according to a statement. Meals from approximately 50 of the most popular restaurants in southwest Riverside County, including Corner Bakery, Luna Grill and Los Primos Mexican …

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UCR to premiere business help center

The University of California, Riverside will open a business-assistance facility in downtown Riverside that will help people in technology-driven fields. Located at 3403 10th St., the EPIC Small Business Development Center is scheduled to open at 11 a.m. Tuesday with an open house and launch ceremony, according to a statement. …

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Medical building changes hands

Redhawk Medical Plaza, a two-story Class A office property in Temecula, has been sold. The 32,400-square-foot building at 44274 George Kushman Court was purchased by Rancho Santa Margarita-based Cypress West Partners and Med Properties Holdings LLC in Dallas, according to a statement. Cost of the property, which is 100 percent …

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Moreno Valley wants local art work

Moreno Valley is again accepting applications from city residents who would like to have their art work displayed. Works of art are being accepted for placement in the city council chamber, city hall and several other facilities, according to a statement. Any artist who lives or works in Moreno Valley …

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