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Tag Archives: Real Estate

Long-stay hotel planned for San Bernardino

Eastvale looks to build civic center, commercial and residential project

A San Marino developer plans to build an extended-stay hotel in San Bernardino. Paladin Equity Capital will develop an Everhome Suites at 898 E. Harriman Place near Hospitality Lane, a popular dining and shopping district, according to Progressive Real Estate Partners in Rancho Cucamonga. Paladin paid $1.7 million for the …

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U.S. mortgages, foreclosures stay low

Two point nine percent of all U.S. mortgages were in some stage of delinquency in November, a near-record low, according to data released this week. That was a decline of 0.7 percent from November 2021, when 3.6 percent of U.S. mortgages were 30 days or more past due, including delinquencies, …

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Newport Beach developer plans Fontana logistics center

A Newport Beach developer has announced it will build a 330,048-square-foot warehouse-distribution facility in Fontana. The facility, at the southwest corner of Banana and Santa Ana avenues, will include 10,000 square feet of office space and will be built without a signed tenant, Birtcher Development LLC announced today. “We’re excited …

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Home sales perk up slightly, but remain low

Sales of existing single-family homes in California reached 240,330 in December, ending a three-month sales decline, according to data released this week. That was a 1.1 percent drop from November and a 44 percent drop from December 2021, when 429,860 homes were sold, the California Association of Realtors reported. Those …

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Leaseback deal in Ontario completed

A retail building next to Vineyard Ontario Plaza has been sold. The 3,060-square-foot structure at 1959 E. 4th St. was sold for $1.1 million, according to Progressive Real Estate in Rancho Cucamonga. The seller was LifeStream Blood Bank, a nonprofit that serves hospitals and medical centers in Southern California. The …

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Class A office building sells for $39 million

Sold Stamp

  A six-story Class A office building in Ontario has been sold for $39 million. Ontario Airport Tower was purchased by MGR Real Estate in Ontario, according to a statement released today by Newmark, a global commercial real estate firm that arranged financing for the transaction. Information about the seller …

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