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Tag Archives: Real Estate

Riverside apartments change hands

Apartment Building in Riverside

Two apartments in Riverside have sold for $2.9 million. Located at 3459 Fourth St. and 3407-3415 Kansas Ave, the properties feature eight one-bedroom and eight two-bedroom units, each with one bathroom, according to CBRE, which brokered the transaction. The Fourth Street property is a two-story building that recently had its roof …

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Newmark negotiates lease renewal and expansion for DSW Distribution

Newmark negotiates lease renewal and expansion for DSW Distribution

Newmark Group Inc. has negotiated a lease renewal on behalf of DSW Distribution Center Inc., the cold-storage provider, at its Rancho Cucamonga headquarters. DSW will remain at the Lincoln Distribution Center, 8858 Rochester Ave. in Rancho Cucamonga. DSW stores and distributes food and pharmaceutical products from the 164,975 square-foot building. …

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Nationwide housing prices take record jump

Nationwide housing prices take record jump

U.S. housing prices rose 18 percent in July, the highest year-over-year increase since 1976, according to data released today. That increase was fueled by low mortgage rates, low supply and a rebounding economy, according to Core Logic’s  Home Price Index Report for the seventh month of the year. Expected increases …

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Seven Inland Empire multifamily properties change hands

Seven Inland Empire multifamily properties change hands

CBRE has completed sales of seven multifamily properties in the Inland Empire worth a combined $14.4 million. The buyers are all private investors attracted to the two-county region because rents there are rising, according to a statement released Monday. Names of buyers and sellers were not made public. The properties …

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Barstow fast-food site sells for record price

Sold Stamp

A retail property in Barstow occupied by Raising Cane’s Chicken Fingers has sold for $5.5 million. The transaction includes the 1.2-acre site at 2620 Fisher Blvd. where the fast-food restaurant is located and its 15-year lease, according to SRS Real Estate Partners. SRS represented the seller, Starboard Realty Advisors. Newmark …

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Program allows landlords to recover more rent

Bank Handing Customer Cash

Expanded rental assistance is available to housing providers under the California Rent Relief Program. The program allows residential landlords with eligible tenants to recover 100 percent of unpaid COVID-19 rent owed to them going back to April 1, 2020, according to the California Association of Realtors. Previously, state law prohibited …

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