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Mt. San Jacinto CC begins classes

More than 16,400 students were registered for classes Monday as Mt. San Jacinto College began its spring semester. Mt. San Jacinto serves more than 26,000 students a year at one of five locations — the San Jacinto Campus, Menifee Valley Campus, San Gorgonio Pass Campus, the Temecula Education Complex and the Temecula …

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Del Taco-occupied building sold

A  free-standing building in Lake Elsinore occupied by a Del Taco restaurant has been sold, according to statement. The 1,553-square-foot structure at 16810 Lakeshore Drive sold for $3.05 million, one of the highest price ever paid for a fast-food location in the Inland Empire, Dallas-based SRS Real Estate Partners, which …

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General Exit Strategies

By Eugene E. Valdez AKA The Loan Doctor™ This week’s article is for the benefit of owners of Inland Empire-based, closely-held companies who are thinking about selling their businesses in the next 2-3 years.  Exit strategies are a complex subject matter and it is impossible to cover it all here. …

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Riverside to hold State of the City

Economic conference scheduled

Riverside Mayor Rusty Bailey will deliver the State of the City address Jan. 24 at the Riverside Convention Center. This year’s theme is “Elevate Riverside,” and it will mark the seventh consecutive year Bailey has delivered the State of the City speech, according to a statement on the city’s website. …

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Walmart facility in Colton will employ more than 600

WalMart Looking to Expand

Walmart will open a 340,000-square foot high-tech consolidation center in Colton that will receive, sort and ship freight. The automated facility, the first of its kind in the company’s supply chain, is scheduled to open in July with 150 full-time workers and will grow to more than 600 full-time workers …

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Growth in national, local apartment rents reported

Apartment Rental Rates Expected to Rise

U.S. apartment rents grew 3.3 percent during the fourth quarter of 2018, according to a recent study.  The national growth rate in 2018 outpaced 2017 by 2.5 percent, thanks to strong demand for apartment space that pushed occupancy to 95.4 percent, Real Page Inc., a real estate technology and analytics …

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