A Los Angeles-holding company has purchased 229 lots in Ontario that will be used for residential development. DR Horton bought the 48-acre property bordered by Chino and Bellegrave avenues from Ontario Schaeffer Holdings LLC, an investment group, for an undisclosed sum, according to WD Land in Irvine, which arranged the …
Read More »
KB Home is scheduled to hold a grand opening today for Daybreak, a high-end housing development it plans to build in Moreno Valley. The project will consist of 114 one and two-story houses that will range from 2,100 to 2,800 square feet, with up to six bedrooms and three bathrooms, …
Read More »
UC Riverside has an estimated $2.7 billion annual impact on the U.S. economy, according to a report conducted by the school. The report, which was released Monday, called the university an “economic powerhouse” for the Inland Empire, saying its multiple research programs help fuel growth and attract jobs to the …
Read More »
Adelanto is looking for someone to manage its stadium. The city manager’s office is asking for proposals from anyone qualified to oversee day-to day operations at Adelanto Stadium, according to a statement on the city’s website. The stadium is home to the High Desert Yardbirds, an independent minor league baseball …
Read More »
A retail building in Colton once occupied by Kmart has been sold. The property at 1175 S. Mount Vernon Ave. was purchased for $5.3 million, according to a statement released Tuesday by CBRE Group Inc. The buyer, a private investor in Orange County whose name was not released, plans to …
Read More »
Four point three percent of all Inland Empire mortgages were delinquent by at least 30 days in September, a drop of 0.5 percent year-over-year, according to data released Wednesday. Inland mortgages in serious delinquency – 90 days or more past due – totaled 1.4 percent in September, down 0.3 percent …
Read More »
IE Business Daily Business news for the Inland Empire.
