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New sales director for Ontario Convention Center

Keith Kirsten has been named sales director of the Ontario Convention Center, Citizens Business Bank Arena and the Greater Ontario Convention & Visitors Bureau. Most recently a staff member at the Detroit Metro Convention & Visitors Bureau where he was in charge of 18 people, Kirsten has more than 30 …

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Library groundbreaking scheduled

Riverside Wants a New Library

Riverside will break ground Monday on its long-planned Main Library. The three-story building at 3911 University Ave. will replace the existing Main Library on Mission Inn Avenue between Lemon and Orange streets, according to a statement. That structure is slated to become the Cheech Marin Center for Chicano Art, Culture …

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Ontario to hold State of the City next week

Economic conference scheduled

Ontario will hold its annual State of the City event March 20 at the Ontario Convention Center. This year’s theme, “Elevate,” is meant to show how the city is focusing on investment, safety, innovation, community life, and opportunity, according to a statement. City officials, including Mayor Paul S. Leon, will …

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Inland Empire Business Financing and the Feasibility Analysis

By Eugene E. Valdez AKA The Loan Doctor™ Most of my CEO clients are seeking business financing to fund sales growth. The challenge in attracting expansion capital is that a CEO must convince lenders that the P&L projections they submit as part of their loan application are “doable” and not …

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Single-tenant retail building changes hands

A building that is home to a Baskin Robbins and a Dunkin’ (formerly Dunkin’ Donuts) in the High Desert has been sold. The 2,600-square-foot structure at 2804 Lenwood Road in Barstow sold for $2.6 million, or roughly $1,000 per square foot, Hanley Investment Group Real Estate Advisors announced in a …

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Mortgage delinquencies decline in most markets

Local Foreclosures Keep Dropping

About 4.1 percent of all mortgages nationwide were in some stage of delinquency – including foreclosure – during December, a year-over-year drop of 1.2 percent, according to data released Tuesday. The nation’s foreclosure inventory rate, which measures the share of mortgages in some state of foreclosure, was 0.4 percent in …

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