A 10-unit apartment complex in downtown Palm Desert has been sold for $2.2 million. The two-story building at 73435 San Gorgonio Way covers 8,360 square feet and sold for $220,000 per unit, according to CBRE. CBRE represented the buyer, who is based in Los Angeles. No other information about the …
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A building in Indio occupied by the Texas Roadhouse steakhouse chain has been sold. The 16,600-square-foot building at the southeast corner of Jackson Street and 42nd Avenue sold for $3 million, according to a statement. Mountain Group, a real estate developer in Santa Ana that bought the property in 2018, …
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Sales of existing single-family homes in California last month totaled 224,000, unchanged from November but down 7.1 percent year-over-year, according to data released this week. The median price of a home during the last month of 2023 was $819,740, a 0.3 percent drop from November but up 6.4 percent compared …
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A seven-unit apartment complex in Riverside has been sold. The Kazanjian Exemption Trust sold the complex at 1180 Central Ave. to the Michael J. O’Neill and Jean A. O’Neill Trust for $2.2 million, according to CBRE. The sale price is $315,000 per unit. CBRE represented the buyer. “The buyer of this property …
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A 78-unit assisted living and memory care facility in San Bernardino has been sold. CareTrust REIT Inc. bought The Villas at San Bernardino for $10.7 million in a joint venture with a regional healthcare real estate investor whose name was not released, according to a statement. Oxford Health Group in …
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An office building in San Bernardino has been sold for $26.7 million. Harbor Associates LLC, a property investment company in Seal Beach. and Taconic Capital Advisors, a global investment firm, recently sold the 115,000-square-foot structure at 451 E. Vanderbilt Way, according to a statement. The buyer was reportedly San Bernardino …
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IE Business Daily Business news for the Inland Empire.
