The U.S. job market stalled last month, adding only 38,000 jobs, according to data released Friday. Despite that, the national unemployment rate dropped to 4.7 percent, down from five percent in April, the U.S. Department of Labor stated in its monthly jobs report. The new jobs number was reportedly the …
Read More »One of the largest multifamily communities in the Inland Empire has been sold. Terracina Apartment Homes, a 736-unit project in Ontario, sold for $142.1 million, according to a statement by Marcus & Millichap. The sale, which works out to more than $193,000 per unit, was announced Thursday. The transaction was …
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Gene Valdez has left Citizens Business Bank to join the private sector. Valdez, who has worked in banking for approximately 30 years, stepped down May 11 as senior vice president and business center manager with the Ontario-based bank, according to a statement he released. Valdez is now operating The CEO …
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Gil Salazar has been named vice president of information technology for Stater Bros. Markets. A 27-year veteran of the IT field, Salazar has worked for Hyundai Capital America, Ford Motor Credit, Partners Consulting and ConAgra Foods Inc. according to a statement. Salazar began his new position Tuesday. “We are pleased …
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Citizens Business Bank Arena in Ontario will soon be under new management. SMG, the company that operates the Ontario Convention Center, will replace AEG Facilities effective July 1, according to a statement released Wednesday. AEG has operated the arena, which is owned and operated by the city of Ontario, since …
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Stirling Capital has announced the two tenants that have agreed to locate at an industrial building the company is developing at the Southern California Logistics Centre in Victorville. Arden Cos., a manufacturer of outdoor cushions, furniture and decor, will lease 211,000 square feet of the building, according to a statement …
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IE Business Daily Business news for the Inland Empire.
