The measure, which will appear on the November ballot, would end the need for construction and refurbishment fees mandated by school districts that the building industry considers excessive. If it doesn’t pass, some housing construction could disappear, developers say. In November, Californians will vote on the California Public Education Facilities …
Read More »Inland Empire Bank Posts Dividend
CVB Financial Corp., the holding company for Ontario-based Citizens Business Bank, reported a 12-cent per-share cash dividend during the second quarter. The dividend, which was approved by the board of directors this week, will be payable during the middle of next month, according to a statement released Wednesday. CVB Financial …
Read More »Asian-Owned Businesses Continue to Grow
Asian-owned businesses in the Inland Empire accounted for 11 percent of the regions’s business revenue between 2007 and 2012, according to data released Thursday. That was less than the state of California – 15.1 percent – but well above the United States, in which Asian-owned businesses produced 5.8 percent of …
Read More »On The Move
Andrea Wulf, renowned author and historian and the recent winner of the Los Angeles Times Book Award in the science and technology category, is scheduled to speak at the 2016 ESRI User Conference. Wulf will discuss her award-winning book The Invention of Nature: Alexander von Humboldt’s New World, which was …
Read More »Home Cash Sales Decline
Cash sales of single-family homes in the Inland Empire dropped slightly during March, according to data released Thursday. The number of cash transactions during the third month of the year in Riverside and San Bernardino counties was 25.3 percent, a 1.6 percent decrease year-over-year, Irvine-based CoreLogic reported in its monthly …
Read More »Retail Properties Sold
Two free-standing retail properties in Moreno Valley have been sold. Rite Aid, which occupies a 16,730-square-foot building at 24991 Alessandro Blvd., and KFC, which is in a 2,995-square-foot structure at 16040 Perris Blvd., were sold to separate buyers, according to Faris Lee Investments. The Rite Aid sold for $5 million. …
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