Housing affordability in California remained at a 16-year low during the fourth quarter of last year, the result of not enough homes being put up for sale and the high cost of a housing loan. Only 15 percent of the state’s households could afford a median-priced home – $833,170 – …
Read More »Study: SC office market will continue to struggle
Twenty-one percent of California real estate owners and operators say they will redevelop office space during the next three years, a study has found. That work will be done in several categories, including multifamily, industrial and retail, according to the Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate …
Read More »Corona looks to help small businesses
Corona is offering beautification grants of up to $20,000 to small downtown businesses. Businesses with 25 or fewer employees are eligible for the Downtown Commercial Beautification Grant Program, which the city is funding with revenue from the American Rescue Plan Act, according to a statement on the city’s website. The …
Read More »Super Bowl expected to attract record number of TV viewers
A record 200.5 million people will watch the Kansas City Chiefs and the San Francisco 49’ers do battle in Sunday’s Super Bowl, according to the National Retail Federation in Washington, D.C. About 112 million people will host or attend a Super Bowl party, and another 16 million say they plan …
Read More »Chino lands first hotel in 20 years
Chino has a new hotel. Fairfield Inn & Suites by Marriott held its official opening Feb. 2 with a ribbon-cutting ceremony attended by civic leaders and members of the business community, according to a statement on Chino’s website. The 111-room hotel at 14705 Ramona Ave, is Marriot’s first in Chino …
Read More »San Bernardino building placed in receivership
The former American Sports University Dormitory in San Bernardino has been put into receivership. In a ruling issued Jan. 18, San Bernardino County Superior Court Judge Thomas Garza appointed Richardson Griswold of Griswold Law in Encinitas the property’s receiver, according to a statement on the city’s website. The building at …
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