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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Galilee Center, a facility in Mecca that provides basic needs such as food and clothing to disadvantaged migrants in the Coachella Valley, has received a $200,000 grant from Bank of America. The donation, part of Bank of America’s Neighborhood Builders Program, will allow the Galilee Center in Mecca to continue …
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The San Bernardino Community College District, which owns and operates KVCR-TV, expects to receive more than $157 million from the Federal Communications Commission by the end of this year. The district, which includes San Bernardino Valley and Crafton Hills colleges, will receive the money in exchange for vacating its bandwidth, …
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In other housing news, cash sales of homes and condominiums were down nationwide in November. Cash transactions made up 32.4 percent of all home sales during the next-to-last month of 2016, down 4.5 percent year-over-year, according to data released Monday by CoreLogic. That was 14.2 percent below the peak the …
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January was a solid month for home sales in Southern California. A total of 15,422 new and previously occupied houses and condominiums were sold in the six-county region last month, the most sold in during January since 2013, Irvine-based CoreLogic reported Monday. That marked a 24.6 percent drop from December …
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JCPenney will close 130 to 140 store during the next few months and will offer early retirement to approximately 6,000 employees, the company announced Friday. A list of the stores is expected to be released in mid-March, with most of those locations expected to be shuttered by the end of …
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IE Business Daily Business news for the Inland Empire.
