Tag Archives: Real Estate

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 …

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 …

A 330-unit multifamily luxury apartment complex in Palm Desert has been completed. Millennium Apartments is at 74699 Technology Drive, next to Interstate 10 and near Gerald Ford Drive, according to a statement. It’s owned by Metonic Real Estate Solutions, an Omaha, Neb.-based company that specializes in real estate acquisitions, developments, …

The typical U.S. homeowner owns their house for nearly 12 years, but California homeowners tend to keep their home much longer, according to a report. One reason California homeowners stay put longer than homeowners in other states could be Proposition 13, the 1978 initiative that mandates homeowners pay property taxes …

Construction has begun on 38 single-family homes in Corona that will be available for rent. The project, which is being developed on 4.7 acres at Citron Street and Taylor Avenue, is being built by Tricon Residential Inc, and Foremost Pacific Group Inc. in Mission Viejo, according to a statement. Tricon …

Riverside had one of the largest increases in pending home sales – 1.3 percent – of any major city in the United States during the four-week period that ended March 2, according to a report. Other major metros that experienced major year-over-year increases in that category included Los Angeles (8.5 …