An apartment complex in Corona has been sold. Promenade Terrace, a 330-unit community, sold for $78.5 million, or nearly $238,000 a unit, according to a statement released Wednesday. Institutional Property Advisors, a division of Marcus & Millichap that works with institutional and major private real estate investors, represented the seller …
Read More »Fair pay law draws criticism
A new state law designed to ensure that women are paid as much as men for doing similar or identical work drew criticism from several Inland business owners this week. The Fair Pay Act, which was signed into law Tuesday by Gov. Jerry Brown, mandates that employers can only pay …
Read More »Local office market treads water
The Inland Empire office market slowed during the third quarter, as demand for space stalled and the region posted a negative absorption rate. The region’s 15.1 percent vacancy rate was essentially unchanged from the second quarter, according to Newmark Grubb Knight Frank’s third quarter report on the Inland office market, …
Read More »Restaurant promotion scheduled
The fourth annual Inland Empire Restaurant Week will be held later this month. Sponsored by the Greater Ontario Convention & Visitors Bureau, this year’s event will be held from Oct. 16 to Oct. 25, with establishments in more than 30 communities expected to participate, according to a statement. Restaurants can …
Read More »Local CDC Promises Personalized Business Loan Services
When Inland Empire business owners start looking at ways to expand operations, by buying, constructing, or improving their building, there’s no need to apply for a Small Business Administration (SBA) business loan at an out-of-town lending firm. Instead, they can apply at a local firm that specializes in facilitating the …
Read More »Stand with Roseburg, and Listen
By Ed Hoffman In the wake of another mass shooting, the President and his allies have once again followed the liberal directive “never let a crisis go to waste” by using the tragedy as a platform for their agenda – the agenda, of course, being gun control. And to those …
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