Developer-Church Partnerships Blaze New Path for Needed Housing, Stronger Communities California’s latest innovation in tackling the surging crisis in affordable housing streamlines the process for building on underutilized church land – a practice pioneered by National CORE. Senate Bill 4, known as the Affordable Housing on Faith Lands Act, allows …
Read More »
For most people, 2023 was a bad year to buy a house in California. Fewer than one in five Californias earned enough money in 2023 to buy an $813,980 median-priced home, down from slightly more than one in five the previous year, according to a study released April 11. Based …
Read More »
Fontana multifamily project Vasari at Ventana has been named the top multifamily project of its kind in the Inland Empire for 2024 Inc. CoStar Group Inc. The first phase of the high-end development consists of 257 luxury units, the first part of what will be a 101-acre planned community in …
Read More »
A retail property in Desert Hot Springs has been sold for $6.1 million. The 33,000-square-foot site at 13000-13160 Palm Drive is occupied by a multi-tenant shop building and two nearby offsite pads, one of which is occupied by Chase Bank, according to Progressive Real Estate Partners in Rancho Cucamonga. The …
Read More »
An 820,000-square-foot warehouse-distribution facility in Fontana has been sold for $197 million. EQT Exeter, a global firm that develops, leases and manages industrial properties, bought the Commerce Way Distribution Center from Manulife Investment Management, according to a statement. JLL helped arrange the sale of the 44-year-old project, which is at …
Read More »
A travel facility in Jurupa Valley has been sold for $14 million. The Pilot Flying J Travel Center, a 15,500-square-foot project at 11053 Riverside Drive, was purchased by an Irvine-based private investor whose name was not released, according to a statement. Built in 2019, Pilot Flying J sits on 11.5 …
Read More »
IE Business Daily Business news for the Inland Empire.
