Real Estate
INLAND EMPIRE, Calif. (Jan. 25, 2012) – CREW (Commercial Real Estate Women) Inland Empire’s February luncheon will feature Candie Stalling, executive director of San Bernardino County Sexual Assault Services as keynote speaker. The event will address the personal safety of professionals in networking environments and will be held Wednesday, Feb. 1 from 11:30 a.m. to 1 p.m. at the Hilton San Bernardino, 285 East Hospitality Lane in San Bernardino. Stalling is a certified rape crisis counselor through the Office of Emergency Services, and a council member for California Coalition against sexual assault (CALCASA). She is also an appointed member of the...
by James Antoyan, of the JLA Real Estate group The giant that was the commercial real estate market has fallen. The old saying goes, “the bigger they are, the harder they fall,” but this adage is usually used for examples that don’t have the chance to recover. The commercial real estate market is pushing to repossession itself for a positive 2011, and so far the efforts seem to be working. Taxes are a big reason for a possible optimistic outlook in the near future for commercial investors and their properties. In previous years, the federal government has tried to spur the growth...
(SAN BERNARDINO, Calif.) As Baby Boomers grow older, the one thing that has become clear is their desire to stay active and independent. With that in mind, creating housing that will feature innovative ideas for senior-friendly living has increased. Researchers report in The Gerontologist, that there is a greater sense of well-being and independence in daily activities derived from living in a more senior-friendly accessible home. It also found that housing quality plays a major role in the psychological security of older people living independently within a community. Consideration must be given in all details, including the style of floor lamps,...
(Indio, CA) Building new beginnings and a mission accomplished were the words of the day when Congresswoman Mary Bono Mack, the Federal Home Loan Bank of San Francisco and other locally elected officials gathered at the Coachella Valley Rescue Mission for the ribbon cutting of their new facility located at 47-518 Van Buren Blvd, in the City of Indio, California. “It has been a long eight years since the Coachella Valley Rescue Mission stepped out on faith, purchasing 7.75 acres of land directly across the street from its current location,” said Floyd Rhodes, Chairman of Coachella Valley Rescue Mission’s Board of...
The Norris Financial Group Hosts Financial Strategists At First Annual Pre-Tax Brunch At Mission Inn
Bruce Norris, President of The Norris Financial Group, hosts an expert lineup of tax, self-directed IRA, planned giving, and alternative-investment specialists October 29 at The Mission Inn. Riverside, Calif. – The Norris Group brings together five financial industry experts and specialists Saturday, October 29, at the Mission Inn for its first annual pre-tax event. The combination of tax, planned giving, and real estate expertise was purposefully selected to provide attendees the most current strategies for maximizing savings for the 2011 tax year and beyond. “Some of it is quite selfish, actually,” says Bruce Norris, president of The Norris Financial Group....
Property breaks sales record of $616 per square foot, the highest price for a Single-tenant drug store building for the area since 2007 Victorville, CA – Faris Lee Investments, the nation’s largest retail-specialized investment sales and advisory firm, has completed the $7.95 million sale of a 12,900 square foot single tenant property occupied by CVS Pharmacy in Victorville, Calif. Built in 2010 and featuring a long-term absolute NNN 25-year lease with CVS, the sale set a record of $616 per square foot which is the highest price for a single tenant drug store building in the Inland Empire since 2007. Nick Coo...
Agency continues as private non-profit and begins to repay county INLAND EMPIRE, Calif. (July 29, 2011)—The Inland Empire Economic Recovery Corporation (IEERC) announced today that the San Bernardino County Board of Supervisors approved an agreement to conclude the financial relationship between the county and the agency. The IEERC will continue to operate as a 501(c)(4) non-profit organization, and will be solely financed through private equity groups. The IEERC’s original mission, created in part by county officials, will remain its driving force. Its mission is to lessen foreclosures and help stabilize real estate values in distressed inland neighborhoods by purchasing, renovating...
Essential Steps to Buying and Preserving Homeownership Outlined for Consumers Riverside, CA – Springboard Nonprofit Consumer Credit Management is pleased to announce the release of a new resource guide in time for National Homeownership Month celebrated in June. The guide, which is free and can be downloaded from the agency’s website, outlines essential steps for prospective homeowners to take in order to achieve their goal of homeownership. “The guide is another resource tool to educate consumers on the process of purchasing a home,” said Melinda Opperman, Springboard’s senior vice president of community outreach and industry relations. “Homeownership is very rewarding...
While affordable housing has been produced through a variety of public private partnerships (PPPs) for many decades such ventures are garnering new and increasing attention by local governments sideswiped by the Great Recession. To say that the Riverside-San Bernardino economy has been battered by the collapse of the sub-prime housing bubble would be a gross understatement. The region has lost almost 90,000 jobs over the past 12 months and currently has the dubious distinction of having the second- highest unemployment rate (13.7%) among the 50 largest metro areas in the U.S. Nowhere are the spoils of the Great Recession more...
RIVERSIDE, CA – Ken and Tami had a good-sized list of must-haves when they went shopping for a new home, and they found them all at TRI Pointe Homes’Castlerock in Riverside, where spacious homes on super-sized homesites are priced from the mid $300,000s. “We wanted a big living area, space for my office, a minimum of three bedrooms and a big backyard,” Ken explained. “Castlerock had all of that and more.” Ken and Tami also appreciated the fact that Castlerock offered them choices. “We could pick the options and upgrades the let us design the house to fit us perfectly,”...
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