Tag Archives: Real Estate

A retail property in Temecula that is home to a Fitness 19 has been sold for $9.8 million. The sale of the 30,057-square-foot parcel completes a four-parcel break-up strategy that began last year and now totals $26.46 million, according to SRS Capital Markets’ Newport Beach office. “We recommended (that approach) as …

New homes that went up for sale nationwide during the four weeks that ended October 5 rose 2.3 percent year-over-year, according to a recent report. That was the largest increase in more than three months, but it wasn’t enough to get people buying: pending sales dropped 1.3 percent  from a …

An estimated 56,000 home purchases were canceled nationwide in August, according to a report released Oct. 7. That was 15 percent of the homes that were under contract to change owners, up from 14.3 percent year-over-year, and the highest August cancellation rate since 2017, Seattle-based Redfin reported. “Home purchases are falling …

A 26,000-square-foot manufacturing facility in Corona has been sold for $8.4 million. The building at 2900 Palisades Ave. is used for making electrical components, according to Voit Real Estate Services. Vernick represented the buyer, LBGD Investment Group, LLC. The seller was Jon R Gerwin and Kathryn Gerwin. Multiple offers were …

Pending sales of single-family homes fell one percent nationwide in September, the largest month-over-month drop in five months, according to a report. Transactions in which the seller has accepted an offer but the sale is not final were down in 30 of the 50 largest metro areas last month, Seattle-based …

Financing has been arranged for a planned mixed-use development in Rancho Cucamonga. Marcus & Millichap Capital Corp. has secured $64 million for the construction of a multifamily, retail and commercial project at 8500 Haven Ave., according to a statement. The financing took six months to arrange. Los Angeles-based Parkview Financial, …