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Tag Archives: Real Estate

Riverside self-storage facility changes hands

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A self-storage company based in Ladera Ranch has purchased a facility in Riverside. SmartStop Self Storage Inc., a real estate investment trust, bought the self-storage operation at 6637 Van Buren Blvd. for an undisclosed sum, according to a statement. The property, which has been converted to a SmartStop, has 379 …

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Delinquency rates stay up

State housing affordability improves slightly

Nearly five percent of all U.S. mortgages were in some state of delinquency – 30 days or more past due – in March, a 1.3 percent increase from exactly one year earlier, according to data released today. That was the lowest number since March 2020, when the national delinquency rate …

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Construction underway on large logistics project

Construction has begun on a 1.1-million-square-foot logistics building in unincorporated Riverside County. Knox Logistics VII, a warehouse distribution center, is being developed by Trammell Crow Co. and Clarion Partners LLC at I-215 freeway and the Cajalco Expressway, according to a statement released this week. “We are very excited to begin …

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Inland brokerage arranges restaurant lease

Dermody signs Eastvale tenant

A Norco commercial real estate firm has secured a lease in Orange County for a popular restaurant chain. Jalapeno’s Mexican Food will occupy 1,400 square feet in the Lakeview Shopping Center in Yorba Linda, according to Capital Income Properties Group. The five-year lease includes multiple extension options. Financial details were …

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Home prices hit highest point in 16 years

median priced home

U.S. home prices rose 13 percent in April year-over-year, the largest increase of that kind since February 2006. Not enough new houses are being built, combined with an ever-growing number of people who want to enter the housing market or purchase a “move-up” home, which continues to push home prices …

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