Tag Archives: Real Estate

SB 330 lowers fees and makes it easier to get houses built, especially houses that middle-class families can afford. California’s much-beleaguered housing industry may finally be getting some help from Sacramento. On Oct. 9, Gov. Gavin Newsom signed Senate Bill 330 – also known as the Housing Crisis Act of …

A Newport Beach real estate investment and development company has purchased a 75-unit apartment complex in Ontario. Waterford Property Co. paid $21.5 million for Hallmark at Mission at 1201 W. Mission Blvd., according to a statement. A specialist in land development and entitlements as well as acquisitions and repositioning of …

A 75-unit luxury apartment complex in Ontario has been sold, reportedly for a record price. Hallmark at Mission changed hands for $21.5 million, believed to be the most ever paid for a multifamily development in Ontario, according to a statement. The Mogharebi Group, which brokers multifamily properties throughout California, helped …

A real estate investment trust in Chicago has purchased three vacant parcels in Perris, where it plans to build an industrial project. First Industrial Realty Trust Inc. will develop a 315,000-square-foot warehouse-distribution project on the 16.2-acre site, according to a statement released by Avison Young, the Toronto-based commercial real estate …

Three point eight percent of all mortgages nationwide were in some stage of delinquency in July, according to data released Tuesday. That was a 0.3 percent decline year over year, Irvine-based CoreLogic announced in its monthly Loan Performance Insights Reports. “Delinquency” is defined as 30 days or more past due, …

Progressive Real Estate Partners in Rancho Cucamonga has completed the sale of a preschool in Arizona. Sunrise Preschool in Goodyear, which has been in business for more than 20 years, recently sold for $3.3 million, according to a statement. Brad Umansky, president of Progressive Real Estate, and Mike Lin, the …