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Opus Bank has new Inland overseer

Adam Russell has been named Opus Bank’s senior managing director of commercial banking. Russell will be in charge of the company’s Inland Empire operations, including a planned expansion, according to a statement. “We are pleased that Adam has joined Opus to expand our Southern California Commercial Banking coverage into the …

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Another positive quarter for CVB Financial

CVB Financial Corp. has announced a 14-cent per share cash dividend for the first quarter. The dividend, which was approved by the board of directors at its regular meeting Wednesday, will be payable on or about April 19, according to a statement. All shareholders of record as April 5 will …

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SC home market shows little change

Home prices rise again

Southern California home sales were static in February while median prices in the region continued to rise. Sales of new and existing houses totaled 15,189 last month, an increase of 0.6 percent from February 2017, according to data released by Irvine-based CoreLogic. That was the highest number of sales for …

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Small Business Cybersecurity Basics

By Ryan Kincer Technology has become a prominent and indispensable part of everyday life for every business large and small. As technology continues to advance, so has the proliferation of cybercrime which is estimated to hit $6 trillion in damage costs annually by 2021. Cybersecurity is the term used to …

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MGR reports strong 2017

MGR Real Estate purchased $138.8 million in commercial real estate during 2017, the Ontario-based company has reported. The real estate and property management firm made four major transactions last year, including its purchase of One Lakeshore Centre in Ontario, according to a statement. That Class A office project near Haven …

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Mt. San Jacinto Colleges set to expand

The Mt. San Jacinto Community College District has bought two office buildings in Temecula that it will use for expansion. Both structures at 41888 Motorcar Parkway, cover 350,000 square feet, the size of all the buildings at Mt. San Jacinto’s Menifee Valley campus, according to a statement on the school’s …

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