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Tag Archives: Real Estate

SB hotel gets new look, name

Inland Empire Business News April 2014.001

San Bernardino’s largest hotel has a new name. The Hotel San Bernardino is now the DoubleTree by Hilton and has undergone a $10 million renovation that was completed last month, according to the property’s owner, DKN Hotels in Irvine. Those improvements include “top to bottom” renovations of guest rooms, meeting …

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Home prices continue to rise

Inland Empire Business & Real Estate News

The cost of a single-family home just keeps climbing. Home prices increased 6.5 percent nationwide in June, the 40th consecutive month of year-over-year increases, according to CoreLogic, a global property information and analytics company in Irvine. Month-over-month, the increase was 1.7 percent Both of those figures included distressed properties, meaning …

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National pending home sales drop slightly

National pending home sales drops slightly

Pending home sales nationwide slipped during June, breaking a streak of five months of increases. The Pending Home Sales Index was 110.3 in June, down 1.8 percent from May but still 8.2 percent above June 2014, according to data released Wednesday by the National Association of Realtors in Chicago. Despite …

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Apartment complex sells

Apartment complex sells

A Class A apartment community in Temecula has been sold. The Vineyards at Paseo Del Sol, a 288-unit complex at 31901 Campanula Way, sold for nearly $70 million to The Praedium Group, a real estate investment group based in New York, according to a statement. CBRE Capital Markets represented The …

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Home prices rise

Inland Empire Business News January, 2015.004

U.S. home prices climbed steadily in May, bolstered by an increase in sales throughout the country. Prices rose nearly five percent year-over-year during May, according to the Standard & Poor’s/Case-Shiller 20-city home price index, which was released Tuesday by S&P Dow Jones Indices. The data called first-time homebuyers “the weak …

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Weak office market hurt Ontario’s plans for major commercial site

Inland Empire News for April 2.004

City officials originally wanted mixed-use office and commercial on the Meredith site with little or no industrial development, but market conditions have forced them to go to Plan B, at least for now. It can no longer be said that there aren’t any large developable parcels of industrial real estate …

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