A San Diego company that buys and restores apartment complexes has purchased a high-end property in Temecula. MG Properties bought Tuscany Ridge Apartments for $39 million, announced this but in fact the company’s fifth acquisition of 2014, according to globest.com. The seller was an investor whose name was not disclosed. …
Read More »John Condas, a partner with Allen Matkins Leck Gamble Mallory & Natsis LLP, has been named president of NAIOP Inland Empire’s 2015 Leadership Board. The 41-member board, which was announced earlier this month, will spend the next year carrying out the chapter’s mission: advancing real estate and economic development in …
Read More »Joe Lin, senior vice president with Colliers International Ontario, has been named president-elect of this year’s AIR Commercial Real Estate Association. Lin, an industrial specialist who has been a commercial real estate broker since 1994, will be in charge of the association’s long-term planning, according to a statement. He will …
Read More »
California’s housing market ended 2014 on a whimper, not a bang. Sales were up 0.6 percent in December compared with exactly one year before, a “negligible’ increase but the first time since July 2013 that statewide home sales were up year over year, according to the California Association of Realtors. …
Read More »
Moreno Valley has agreed to settle a $200,000 lawsuit filed by one of its former deputy city attorneys. Paul Early, one of the three city officials laid off in 2013, alleged in the lawsuit that he was let go because he was prosecuting a former councilman for code enforcement violations, …
Read More »
Tune in to The Main Event this Saturday morning at 9:30 on AM590 with host Ed Hoffman as he discusses national, regional and local current events, as well as trends in the local real estate market. Ed delivers intelligent radio with unique, witty and irreverent flair. This week, everyone in …
Read More »
IE Business Daily Business news for the Inland Empire.
