As of Sunday, Palm Springs has new regulations regarding vacation rentals. Vacation rental units are now limited to 32 rental agreements per year, with four more combined agreements permitted in July, August and September, according to a statement on the city’s website. Owners of vacation rentals must undergo yearly training …
Read More »Credit unions flex their muscle
Credit unions pumped an estimated $780 million into the Inland Empire economy and produced approximately $87 million in savings to its members during 2016, according to data released Tuesday. Statewide, credit unions had a $17 billion impact on the economy last year, about the same as Kraft Heinz, General Mills, …
Read More »Tapes of town hall meetings made public
Audio recordings of Moreno Valley’s March 29 Telephone Town Hall meeting are available on the city’s website, www.moval.org/telephonetownhall/index. During the session, Mayor Yxstian Gutierrez took questions on a number of topics, including traffic enforcement, potholes and possible locations for a second library, according to a statement on the city’s website. …
Read More »Inland Empire industrial market keeps rolling
The Inland Empire remained the strongest industrial market in the United States during the first quarter of this year, with an estimated 40 percent of the nation’s transactions happening in the two-county market, according to data released Monday. Nearly three million square feet of industrial space went online in Riverside …
Read More »Industrial building sells, will be enlarged
An industrial building in Riverside has been sold. The structure, at 7145 Arlington Ave., sold recently for an estimated $17.8 million, according to a statement. CBRE Group Inc. represented the seller, The Abbey Company, a privately held real estate investment and management firm in Garden Grove. The buyer, whose name …
Read More »Speaker series scheduled
Three Democratic gubernatorial candidates – former Los Angeles Mayor Antonio Villaraigosa, State Treasurer John Chiang and Lt. Gov. Gavin Newson – will headline the Inland Empire Economic Partnership’s 2017 Speaker Series. Villaraigosa is scheduled to begin the three-day event April 28 at The DoubleTree by Hilton Hotel Ontario Airport, followed …
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