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Tag Archives: Real Estate

Desert luxury apartments get management team

palm desert sign

An Irvine company will oversee an apartment complex in the Coachella Valley. Western National Property Management will manage Millennium Apartments, a 330-unit luxury community in Palm Desert, CA., according to a statement. Terms of the agreement were not disclosed. Millenium is at 74699 Technology Drive near Acrisure Arena,  which hosts concerts …

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Riverside strip mall sold

Sold Stamp

A downtown Riverside strip mall has been sold for $3.6 million. The 7,250-square-foot retail center at 3948-3964 University Ave. was purchased by an Orange County investor whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller was a Los Angeles investor who also wished …

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Beaumont apartments designed to help homeless

Beaumont apartments designed to help homeless

Construction has started on a 48-unit apartment complex in Beaumont that will be made available to homeless people and people on the verge of being homeless. Summit View Apartments is being developed at 1343 E. 8th St. by National Core, a nonprofit developer of affordable housing, according to a statement …

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State home sales drop

State home sales continue to decline

Sales of existing single-family homes in California reached 270,200 in June, down 0.8 percent from May and down 2.7 percent year-over-year, according to a study. Statewide, the median home price was $900,720, down 0.8 percent from May but up 7.5 percent, June 2023, the California Association of Realtors reported. During …

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Perris logistics project changes hands

IE manufacturing

A freestanding logistics center in Perris has been sold. Atlanta-based Core5 Industrial Partners recently sold the Rider Business Center to TA Realty LLC. In Newport Beach, according to a statement released July 10. Cost of the transaction, which was described as an investment purchase, was not disclosed. Rider Business Center …

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Industrial project planned for Chino

IE manufacturing

A Houston-based real estate development firm will build a 298,000-square-foot industrial facility in Chino. Schaefer Logistics Center will be built on 13.2 acres at 13610 Yorba Ave., with construction expected to start in the fourth quarter of this year and be completed by the end of 2025, according Lovett Industrial. …

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