Construction has started on a 95-unit affordable senior housing project in Riverside. Oasis Senior Villas is expected to be finished in the summer of 2023, according to a statement by R.D. Olson Construction in Irvine, the project’s general contractor. The four-building development, half of which will be for homeless seniors …
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A retail center in Big Bear Lake has sold for $3.9 million. The Village Mall at Big Bear, 40729 Village Drive, changed hands in an all-cash transaction between two private investors whose names were not released, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller, who …
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A 35-unit apartment complex in San Bernardino has been sold for $5 million. Las Brisas Apartments, at 3665 N. E St., is a two-story gated community near San Bernardino Valley College that was recently purchased by a private investor who asked to remain anonymous, according to CBRE. “The seller found …
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Home prices nationwide increased 15 percent in 2021, the result of high demand and not enough houses available for sale, according to data released Tuesday. That was a nine percent increase from 2020, as home prices grew 10 percent in first quarter and reached 18 percent growth in the fourth …
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Three retail pads at a new shopping center in Palm Desert have been sold. Chick-fil-A Drive Thru, Quick Quack Car Wash and AT&T/Spectrum bought one property each at the recently developed Monterey Crossing, according to Hanley Investment Group Real Estate Advisors. Hanley Investment arranged all three transactions, which combined totaled …
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The Inland Empire is among the top U.S, regions in which to invest in commercial real estate, according to a real estate investment firm. The two-county region ranked 18th out of 20 markets, one of only three California markets listed by Portland, Ore.-base CrowdStreet. San Diego (11) and San Francisco-Oakland …
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IE Business Daily Business news for the Inland Empire.
