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Tag Archives: Real Estate

Rental community goes online

Seven Inland Empire multifamily properties change hands

A 22-acre residential rental community has opened in La Quinta. SolTerra Luxury Rental Homes consists of 131 three or four-bedroom single-family homes, according to a statement. The project broke ground in January 2022 and took about two years to complete. The one-and two-story houses include large open floor plans, two-bay …

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Ontario industrial building sold

building sold

A 17,360-square-foot industrial building in Ontario has been sold for $3.4 million. The multi-tenant structure at 1804-828 E. Elma Court has 13 fully-occupied units, according to 36th Street Partners, the El Segundo-based industrial investment firm that purchased the property. Built in 1982, the building sits on 1.3 acres in a …

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Palm Springs resort to become apartment

A former Palm Spring resort has been sold for $4.7 million. Tuscany Manor was sold to a private buyer who plans to convert the property into an apartment complex, according to CBRE. CBRE represented the seller, Dr. Steven Bein, a retired dentist, and the buyer, whose name was not released. “The …

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Shopping center gets refinanced

Riverside shopping center gets refinancing

A 99,000-square-foot retail center in Riverside has been refinanced with a $12.8 million loan. The property is part of the Citrus Landing shopping center and is anchored by Stater Bros. Auto Zone and Ross Dress For Less, according to a statement. Located at 7200 Arlington Ave. the parcel also includes …

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Local real estate firm helps makes sale in Bakersfield

Residential development for sale

Progressive Real Estate Partners in Rancho Cucamonga has helped arrange the sale of a Bakersfield property occupied by Chase Bank. A San Bernardino County investor whose name was not released bought the parcel for $2.9 million, according to a statement released Feb. 21 by Progressive. The seller was a local …

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State, Inland housing sales both record 12-month increase

median priced home

Sales of existing single-family homes in California totaled 256,160 in January, up 14.4 percent from December and nearly six percent higher than January 2023, according to data released last week. Statewide, the median home price during the first month of this year was $788,940, down 3.8 percent from December but …

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