Riverside is trying to make it easier for people to park their cars while they’re visiting downtown, in an attempt give businesses there a shot in the arm. The Downtown Valet Program began a six-month tryout January 16 and is scheduled to run through June 30, at which point the …
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U.S. homes are spending a lot of time on the market before they’re sold. The average wait-time for a house that sold in January was 64 days, the longest span in six years about one week longer than January 2025, according to a report by Redfin, a Seattle-based real estate brokerage. …
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Raymond Gregory will chair the Riverside County Transportation Commission in 2026. Gregory is the mayor of Cathedral City, and has been a commission member since 2019, according to a statement on the commission’s website. “This will be an exciting year, as we kick off several projects to improve transportation in …
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Joseph Busby has been named chief financial officer of the Morongo Casino Resort & Spa in Palm Springs. Busby, who has spent 22 years working for Native American tribes and private entities, will be in charge of the casino’s financial strategy, specifically its budgeting and long-term planning, according to multiple …
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Available retail space in the Inland Empire crept up to seven percent during the fourth quarter of 2025, a slight increase from the third quarter caused by new supply and a decline in leasing, according to CBRE. Net absorption fell to negative 11,000 square feet, from positive 138,000 square feet, …
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The Inland Empire multifamily market ended 2025 with 95.5 percent occupancy, a decline of 30 basis points from the previous quarter, according to CBRE. Net absorption was minus 229 units during the last three months of 2025, down from 741 units absorbed in the third quarter, CBRE reported. Such a …
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IE Business Daily Business news for the Inland Empire.
