Tag Archives: Real Estate

One of the world’s largest owners of industrial properties just got bigger. San Francisco-based Prologis, in partnership with Norges Bank Investment Management, has bought KTR Capital Partners for $5.9 billion, according to a Prologis statement. KTR Capital, which is headquartered in New York and Philadelphia, owns nearly 70 million square …

Single-family home sales in Southern California were up 11 percent in March compared with the previous year, while median prices hit their highest point in more than seven years. Last month, sales of new and previously owned houses and condominiums reached 19,603, up from 17,638 in March 2014, according to …

National home builders are confident about the housing market’s immediate future, according to data released Wednesday. The National Association of Home Builders/Wells Fargo Housing Market Index rose four points to 56 in April, as all three components of the index – sales expectations, buyer traffic and current sales conditions – …

Nationwide foreclosures declined by 27.3 percent in February, down 15.7 percent year-over-year, according to data released Tuesday. There were an estimated 39,000 home foreclosures during the second month of the year, a decrease of 67 percent from the peak of completed foreclosures in September 2010, according to CoreLogic in Irvine, …

Thirty eight point nine percent of all single-family home sales in the United States during January were cash transactions, according to data released Thursday. That was down from 41.4 percent in January 2014, a 2.5 percent drop and the 25th consecutive month of year-over-year declines, according to Irvine-based CoreLogic, a …

A two-building industrial park in Riverside has been sold. Citrus Business Park sold for a little more than $18 million, or $94 a square foot, CBRE Group Inc. said in a statement released Wednesday. The park, at 1111 and 1221 Citrus St. in Hunter Industrial Park, opened six years ago. …