The Inland Empire’s foreclosure rate dropped slightly in December, according to data released Thursday. Riverside and San Bernardino counties’ foreclosure rate among outstanding mortgages was 0.47 percent during the last month of 2016, down from 0.70 percent in December 2015, Irvine-based CoreLogic reported. That was below the national foreclosure rate …
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A 3,700-square-foot retail building in Riverside that has been occupied by a Denny’s restaurant for 50 years has been sold. The property, at 3530 Madison St., sold for $3.5 million to Yuanqi International in Arcadia, according to Faris Lee Investments in Irvine, which helped negotiate the sale. Hfc/Prp Madison, LLC, …
Read More »The Inland Empire’s manufacturing sector is off to a good start in 2017. The two county region’s purchasing managers index was 58.6 in February, up from 56.8 in January, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which released its latest monthly report …
Read More »By Tim Kolacz Cyber Liability is all the rage right now. And it should be. Cloud storage, personal storage, firewalls and 256-bit encryption are all terms that you, not just the CIO, should be familiar with. Most importantly, because you probably are the CIO and don’t even know it! There …
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California could fare badly during the next four years at the hands of the Trump Administration, the result of the state’s overwhelming support for Hillary Clinton last November, a local economist said Wednesday. The new administration won an unexpected victory last fall, a victory that turned out to be even …
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Pardee Homes in Pasadena has purchased 359 residential lots in Menifee, where it plans to develop three neighborhoods. The seller was Menifee Heights Inc. LLC, a group of private investors, according to WD Land in Irvine, which helped negotiate the transaction. The land is now raw open space that must …
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IE Business Daily Business news for the Inland Empire.
