Friday , April 18 2025
Breaking News

Tag Archives: Real Estate

Office building fetches $6.2 million

Sold Stamp

A two-story office building in Rancho Cucamonga has been sold for $6.2 million. The structure at 9421 Haven Ave. was sold to a local buyer, according to CBRE, which helped negotiate the sale. Names of the buyer and seller weren’t released. “We are thrilled to have facilitated the sale of …

Read More »

KB Home opens in Perris

KB Home has opened a community in Perris.

KB Home has opened a community in Perris. Rockridge is at Walnut Avenue and Sherman Road, near I-215 and the 74 Freeway, according to the Los Angeles-based homebuilder. The development offers one- and two-story homes with up to five bedrooms and three-and-a-half baths. Prices start at $580,000. Model homes are available …

Read More »

Riverside industrial facility sells for $257 million

building sold

A 900,000-square-foot warehouse-distribution facility in Riverside has been sold for $257 million. Built in 2019, the building at 21600 Cactus Ave. was sold by BlackRock, a global asset management firm, to Burlington Distribution, an affiliate of Burlington Stores, according to a statement. Colliers represented Burlington Distribution, and CBRE represented BlackRock, …

Read More »

Rancho shopping center gets refinance loan

Federal funding will pay for major street upgrades in Riverside

A real estate investment, development and finance company has arranged a $19 million refinance loan for a neighborhood shopping center in Rancho Cucamonga. BOLOUR, a private company in Beverly Hills, provided the 12-month cash-out refinance loan through its affiliate, BA Debt Fund LLC. The shopping center is located at 8601 …

Read More »

Apartment complex sold for $41 million

A seven-building apartment complex in Moreno Valley has been sold for $41 million. Brixton Capital, a private real estate investment firm in Solana Beach, recently sold Elevate at Towngate to FPA Multifamily in San Francisco, according to a statement. Built in 1973, the 227-unit apartment complex is at 13400 Ellsworth …

Read More »

State housing market rebounds in February

Riverside County reports increase in assessed property values

California’s housing market bounced back in February, posting the largest number of sales in more than two years, according to a recent report. Sales of existing single-family homes last month totaled 283,540, up 11.6 percent from January and 2.6 percent year-over-year, the California Association of Realtors reported. That sales number …

Read More »