Moreno Valley has installed three electric vehicle charging stations in the city hall parking lot that are available to the public. The station, at Frederick Street and Calle San Juan De Los Logos, has gotten steady use since it opened during the first week of April, said Jeannette Olko, division …
Read More »Parade entries sought
Moreno Valley is looking for entries for its annual Fourth of July parade. This year’s theme is Sweet Land of Liberty, and creative entries are encouraged, according to a statement on the city’s website. Community members, businesses, churches and other organizations are encouraged to apply. The city’s Independence Day parade …
Read More »Affordable housing complex sells
A 90-unit affordable housing complex in Indio for low-income elderly people has been sold. Desert Oasis Apartments, which is subsidized by the U.S. Department of Housing and Urban Development, sold for $11 million, according to a statement released today by Colliers International The sale, a record for a HUD-subsidized property …
Read More »Proposed law has commercial brokers in an uproar
AB 1059 would do away with dual agency, the practice of one broker representing both sides in a commercial transaction. Brokers call the proposal unfair and have vowed to fight back. A bill proposed by a state legislator in San Diego has some of the state’s commercial real estate brokers, …
Read More »State unemployment drops below five percent
California’s unemployment rate dropped below five percent in March, the first time in more than 10 years it has reached that benchmark, according to data released Friday. The state added 19,300 non-agricultural jobs during the third month of the year, causing the unemployment rate to fall to 4.9 percent, the …
Read More »SB shopping center sells
A shopping center in San Bernardino that is anchored by a 7-Eleven store has been sold. The property, at 1935 S. Waterman Ave., sold for $3.2 million in an all-cash exchange, according to Progressive Real Estate Partners. Progressive Real Estate represented the buyer, a private investor in Orange County whose …
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