Tag Archives: Real Estate

Construction has begun on a 2.2-million-square-foot industrial park in Calimesa. Birtcher Oak Valley Commerce Center is being built at Singleton and Roberts roads next to Interstate 10, according to Birtcher Development LLC in Newport Beach, the project’s developer. The cost of the project was not disclosed. Construction is expected to …

Two point eight percent of all U.S. home loans were in some state of delinquency in September, a decline of 1.1 percent year-over-year, according to a recent report. About 1.4 million loans were at least 30 days or more past due during the ninth month of 2022, Irvine-base CoreLogic reported …

An Orange County developer plans to build a 100,000-square-foot industrial building in Perris. The structure will be developed at Ramona Expressway and Brennan Avenue without a signed tenant, according to Westport Properties Inc. in Irvine. Construction is expected to start during the third quarter of 2023 and be completed in …

Sales of existing single-family homes in California totaled 274,040 in October, down 10.4 percent from September and down nearly 37 percent year-over-year, according to a report released this week. That was the lowest sales level since February 2008 and the largest year-over-year decline since December 2007, not counting the pandemic, …

A 20,600-square-foot neighborhood retail center in Chino has been sold. Chino Village sold recently for $8.4 million, along with 2.5 acres of open space next door that is ripe for development, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive marketed the property at 4103 Riverside Drive and represented the …

Eighteen percent of California households could afford a median-priced home – $829,760 – during the third quarter, according to the California Association of Realtors. That was up 16 percent from the second-quarter of this year but down from 24 percent compared with the third quarter of 2021, the Los Angeles-based …