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Tag Archives: Real Estate

U.S. mortgage delinquencies drop

Seven Inland Empire multifamily properties change hands

Three point eight percent of all U.S. mortgages were in some state of delinquency in October, a year-over-year decrease of 2.3 percent, according to data released Monday. Early delinquencies – 30 to 59 days past due – were down 1.2 percent, while adverse delinquencies – 60 to 89 days due …

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Home prices skyrocket

Nationwide housing prices take record jump

U.S. home prices rose 18.1 percent in November year-over-year, according to data released last week. Month-over-month, home prices rose a solid 1.3 percent, as one of the hottest years for home price drew to a close, Irvine-based CoreLogic report. Home prices are expected to continue to grow this year, but …

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Riverside industrial property changes hands

Freeway Business Center, an industrial facility in Riverside, has been sold. Alere Property Group bought the building at 2677 E. Alessandro Blvd., according to a statement released Friday. The 709,000 square-foot structure next to Interstate 215 was completed last year. It is fully leased to UNIS, LLC, a national third-party …

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Colton industrial building is sold

Sold Spelled in Tiles

CBRE has negotiated the sale of a 182,630-square-foot industrial building in Colton. The structure, at 1603 S. La Cadena Drive, is fully occupied and leased to a single-tenant, according to a statement released today. The buyer was Walton Street Capital, a private equity real estate investment firm in Chicago. The …

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Chino Hills shopping centers under new ownership

office building in riverside sells for $11.4 million

Two retail properties in Chino Hills have been sold for a combined $19 million. Chino Hills Grand Plaza and Gateway Village were sold to separate buyers for their original asking prices, according to Hanley Investment Group Real Estate Advisors. Hanley Investment represented the seller of both properties, VantageOne Real Estate …

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