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Water levels at Lake Mead hit record lows

Inland Empire Business News August 15th, 2014.001

Lake Mead is at its lowest level since the 1930s, when Hoover Dam was built and the lake was first filled in. Federal officials are preparing to release a new projection on the lake, which currently at 39 percent capacity, according to an Associated Press report. Lake Mead is currently …

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Consider Adding Your Banker To Your Exit Strategy Team

Business Advice for The Inland Empire.001

By Eugene E. Valdez One of the most popular or “trendy” topics floating around today in my world of privately owned businesses and entrepreneurial CEOs, is the topic of selling one’s business as an exit strategy and the concurrent subject of future business valuation to determine the selling price. According …

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Housing sales continue to slide

Inland Empire Business News August 15th, 2014.002

Single-family home sales in Southern California fell to a three-year low for the month July, as prices rose and investment buyers played a lesser role in the market. Sales in the six-county region – the Inland Empire plus Los Angeles, Orange, San Diego and Ventura counties – dropped 12.4 percent …

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Auto dealership to move

Inland Empire Car Dealerships Pick Up Revenue.001

The Upland City Council has approved an agreement that will allow Ford of Upland to move to a larger location. The council on Monday unanimously agreed to give back a portion of the annual sales tax revenue generated by the dealership’s sales for eight years, according to a report in …

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Liberal (ever-so-slightly) Riverside

Inland Empire Business News March, 2014.004

Riverside a bastion of liberalism? Well, not quite. But the city did rank as mildly left-of-center politically in a study conducted by Professors Chris Warshaw of MIT and Chris Tausanovitch of UCLA, the results of which appear in this month’s edition of American Political Science Review. Both academics brought together …

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Apartment complex sold

Inland Empire Business News August 13, 2014.001

A luxury apartment complex in Chino Hills has been sold. Decron Properties in Los Angeles purchased Village Crossing, a 440-unit complex near Chino Hills Parkway and the 71 Freeway, according to multiple reports. Invesco Real Estate was the seller. Decron pledged to spend about $9.2 million upgrading the property, which …

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