A planned affordable housing project in San Bernardino is on the verge of receiving a major boost from the state of California. Arrowhead Grove has been named eligible for a $20 million grant from the state Affordable Housing and Sustainable Communities program, according to a statement. The 184-unit project that …
Read More »Threshold to restore helicopters
Threshold Aviation Group in Chino will welcome a Boeing CH-47D Chinook helicopter next month, where it will be refurbished and retrofitted so it can be used to fight fires. The military aircraft can transport 30 to 40 people and is one of the world’s largest helicopters, said Doug Crowther, Threshold’s …
Read More »Commercial Banking Loan Agreements “Everything is Negotiable”
By Eugene E. Valdez AKA The Loan Doctor I am working on a new book. I have selected the title but I don’t want to give it away because it is sort of my “intellectual property.” The mission statement of my book is to share information with today’s entrepreneur on …
Read More »Bank merger approved by stockholders
Shareholders with CVB Financial Corp. in Ontario and Community Bank in Pasadena have approved the merger of the two entities. Both groups OK’d the move last week at their respective regular shareholder meetings, four months after the agreement was announced, according to a statement. CVB Financial will purchase Community Bank …
Read More »RC shopping center changes hands
A neighborhood shopping center in Rancho Cucamonga has been sold. RC Plaza, a nine-building complex at East Foothill Boulevard and Archibald Avenue, sold for $9.7 million, according to a statement. Hanley Investment Group in Corona Del Mar and Voit Real Estate in Anaheim represented the seller, a private investment group …
Read More »IE United Way announces donations
The Inland Empire United Way has announced that it will donate $566,000 to local nonprofits. Grants ranging from $5,000 to $25,000 will be handed out to 45 organizations that serve the Pomona Valley, west end, east valley and the High Desert areas of San Bernardino County during the next year, …
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