Tag Archives: Real Estate

Walmart Realty has purchased a cold-storage facility in Riverside. A subsidiary of Walmart Inc, Walmart Realty paid $223 million for the 507,000-square operation at 1001 Columbia Ave., according to a statement. The seller was State Street Corp., a U.S. multinational financial services and bank holding company based in Boston. Walmart …

A 184-unit multifamily development in Riverside has been sold. PCCP, a national real estate finance and investment management firm, and Alliance  Residential Co., a rental residential real estate developer based in Scottsdale, Az., bought the property at 9179 Indiana Ave. for $65.3 million, according to a statement released by both …

Twenty eight point eight percent of all U.S. homebuyers in March paid cash, down one percent year-over-year, according to a report. That was also the lowest percentage of cash purchases during the third month of the year since 2021, when that number was also 28.8 percent, Seattle-based Redfin reported. All-cash …

Pending home sales fell 1.1 percent week-over-week as of May 17, the first nationwide decline since early April. Mortgage-purchase applications declined four percent during that time, a drop attributed to an increase in interest rates, according to Redfin, a Seattle-base real estate company that operates a popular real estate brokerage …

A 2,700-square-foot building in Ontario occupied by a Wienerschnitzel restaurant has been sold. The free-standing building at 4605 Mills Circle was purchased by a private investor for $2.8 million, according to Progressive Real Estate Partners in Rancho Cucamonga. The buyer was represented by Progressive and the seller, represented by Kotai …

California’s median home price reached a record high in April, helped by lower mortgage rates and more sales in high-end neighborhoods. The median home price reached $914,810 last month, a 2.9 percent increase from March and up slightly year-over-year, the California Association of Realtor reported. Sales of existing single-family homes …