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Tag Archives: Real Estate

Home prices grow, but at a slower rate

U.S. home prices record annual decline

The growth in U.S. home prices continued to decline in January, according to data released this week. Prices grew 5.5 percent year-over-year during the first month of the year, that number marked the ninth consecutive month that price growth nationwide was lower than one year earlier, Irvine-based CoreLogic reported. “While …

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Major industrial project to be developed near speedway

IE manufacturing

A 6.6-million-square-foot logistics facility is being planned near Auto Club Speedway in Fontana. The ACS Logistics Center will be developed on land purchased last month by Hillwood Investment Properties and CBRE Investment Management, according to Corion Properties. Santa Monica-based Corion Properties helped negotiate that transaction. Hillwood Investment Properties is a …

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Retail landmark sells for $3 million

A San Jacinto retail center has been sold for $3 million. Farmer’s Corner, a 77,000-square-foot indoor facility at 2500 S. San Jacinto Ave., was sold by an Orange County investor to an investor from Oregon, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented both parties in the …

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Land near Auto Club Speedway sold

building sold

NASCAR has sold land near the Auto Club Speedway in Fontana for a reported $544 million. The organization that oversees U.S. stock car racing sold the property to Dallas-based Hillwood Development Co., which develops and invests in large commercial real estate projects, according to multiple reports. The site itself is …

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Car wash sold before its completed

Sold Stamp

A car wash under construction in Moreno Valley has been sold for $3.2 million. Quick Quack Car Wash is being built at the Moreno Valley Marketplace Shopping Center at Perris Boulevard and Iris Avenue next to March Air Reserve Base according to Hanley Investment Group Real Estate Advisors. Hanley Investment …

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Mortgages delinquencies remain low

Three percent of all U.S mortgages were in some stage of delinquency – 30 days or more past due, including foreclosure – in December, according to data released this week. That was essentially unchanged from November and a 0.4 percent drop from December 2021, Irvine-based Core Logic reported. Mortgages at …

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