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Tag Archives: Real Estate

Industrial portfolio sold

Sold Stamp

An industrial portfolio that includes buildings in Chino and Pomona has been sold. Proficiency Capital LLC in Los Angeles recently bought McGee Business Center, which consists of one business park in each of those cities, according to a statement. The Chino facility at 12301-12395 Mills Ave. includes five buildings that …

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Riverside multifamily property is sold

building sold

A Denver-based real estate investment firm has bought a 158-unit multifamily property in Riverside. Sagard Real Estate purchased Vista Imperio, a garden-style property that covers eight acres at 5880 Lochmoor Drive, according to a statement. The project is in Sycamore Canyon, about one-quarter mile from UC Riverside. Cost of the …

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Riverside apartment complex gets management company

Inland multifamily: occupancy flat, absorption up

A San Diego-based company will oversee a Riverside apartment complex. Sunrise Management is in charge of marketing, leasing and all day-to-day activities at LuxLiv, a 62-unit facility at 3905 Dawes St., according to a statement. Terms of the management agreement were not disclosed. Vanamor, a multifamily investment and management firm …

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Perris gets apartment complex

Perris gets apartment complex

A six-building apartment complex has opened in Perris. A grand opening ceremony sponsored by the Perris Chamber of Commerce was held Nov. 13 at the Charlie Perris apartments, 2700 N. Perris Blvd., according to a statement on the city’s website. The 229-unit complex offers one-, two- and three-bedroom floor plans that …

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Corona Power Center gets refi

Federal funding will pay for major street upgrades in Riverside

A Corona power center has obtained $140 million in new financing. Crossings at Corona, at the northeast corner of Interstate 15 and Cajalco Road, is next door to a Target store and is sub-anchored by Marshall’s, Kohl’s, Ross, HomeGoods, Sportsman’s Warehouse, Burlington, and Edward’s Theatre, among other national retail and …

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State housing market is solid in October

Sold Sign

Sales of existing single-family homes in California reached 264,870 units in October, a 4.7 percent increase from September and up 9.5 percent year-over-year, according to a report. Statewide, the median price of a single-family home was $888,740, up 2.4 percent from September and up 5.8 percent from $839,990 in October …

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