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By Edward L. Fixen The sale of small businesses (generally those with annual revenue less than $1 million), is strong and thriving.  Since the recession recovery period of 2010-2012, the sale of small businesses has increased approximately 55%.  BizBuySell.com, a leading internet business-for-sale web site, reported that the sale of small …

The Inland Empire had the highest unemployment rate of any major U.S. metropolitan area during October, according to data released Wednesday. The two-county region, which has had higher unemployment than both California and the nation during the economic recovery, recorded a 6.1 percent jobless rate in non-agricultural jobs last month, …

A public service is scheduled to be held Friday to mark the first anniversary of the Inland Regional Center shootings in San Bernardino. The service, scheduled to begin at 6:30 pm., will take place at Cal State San Bernardino’s Coussoulis Arena, according to a statement. The San Bernardino mayor’s office …

Cathedral City wants to take unspent funds from its community development block grant program and use it to pay for a public improvement project that will help low and moderate-income residents. The excess grants, which were distributed by the U.S. Department of Housing and Urban Development, total approximately $485,000 and …

Southern California’s housing market sent out mixed signals during October, with flat sales but a noticeable rise in prices. Sales of houses and condominiums in the six-count region – the Inland Empire plus Los Angeles, Orange, San Diego and Ventura counties – were up an insignificant 0.3 percent year-over-year, according …

A large multifamily community in Moreno Valley has been sold. Broadstone Lasselle, a 304-unit complex near the intersection of Interstate 215 and the 60 Freeway, sold this month for a little more than $55 million, said Alex Garcia Jr., senior director with Marcus & Millichap’s Institutional Property Advisors division. The …