he U.S. foreclosure inventory fell 27.9 percent year-over-year in July, while the number of completed foreclosures dropped 24.4 percent during that time, according to data released today. Foreclosures went from 50,000 in July 2014 to 38,000 in July of this year, another sign that the national housing market is on …
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LABite, a Los Angeles-based restaurant delivery business, has made its first move into the Inland Empire. The company began arranging for meal deliveries last week in Rancho Cucamonga, Claremont, Ontario, Upland, Chino and La Verne, and it expects to begin serving all of the Inland region sometime next year, said …
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In 1992, Duane and Kelly Roberts purchased The Historic Mission Inn, located in Riverside. When the couple purchased the hotel, Kelly had an inclination to restore the hotel to what it had once been. She also wanted to exceed customer expectations by creating a world-class retreat, now known as Kelly’s …
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A 140-unit townhome complex in Ontario has been sold. MG Properties Group, a real estate investment company in San Diego, paid $38 million for Ontario Town Square Town Homes in downtown Ontario, according to CBRE Group Inc., which arranged the transaction. The seller was Artemis Real Estate Partner LLC in …
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The mega-industrial project approved in Moreno Valley figures to trigger a spate of lawsuits, but anyone wishing to file one needs to work quickly. It’s not clear whether the project’s opponents can stop the development or merely force a repeat of the approval process. The Moreno Valley city council and …
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The U.S. unemployment picture was a mixed bag during August. First, the good news: the national unemployment rate fell to 5.1 percent last month, according to data released today by the U.S. Bureau of Labor Statistics. Now, the not-so-good news: the economy added 173,000 jobs during that time, a solid …
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IE Business Daily Business news for the Inland Empire.
