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CHOC to Open Inland Empire Fully Affordable Community
Community Housing Opportunities Corp. will soon open Monarch Apartment Homes, a 60-unit fully affordable housing community in Palm Springs, Calif. Monarch Apartment Homes comprises 12 two-story...
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Inland Empire Multifamily Report – December 2023
Inland Empire rent evolution, click to enlarge Inland Empire rent evolution, click to enlarge Inland Empire rent evolution, click to enlarge The Inland Empire’s multifamily market entered the fourth...
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Tricon JV Opens Inland Empire BTR Community
(Left to right) Tricon Vice President Joshua Welty, Wildomar Mayor Joseph Morabito, Woodbridge COO Jon Robertson, Councilmember Bridgette Moore. Image courtesy of Tricon Residental A joint venture of...
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Inland Empire Multifamily Report – August 2023
Inland Empire rent evolution, click to enlarge The Inland Empire’s fundamentals were soft but steady in mid-2023. Rent growth was tepid but above negative territory, up 0.3 percent on a trailing...
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Archway Equities Acquires Inland Empire Property for $150M
4914 Olive Street. Image courtesy of Archway Equities Archway Equities has acquired a Southern California community, The Paseos at Montclair North, from 4914 Olive Street Properties LLC. Situated in...
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Wood Partners Breaks Ground on Inland Empire Project
Alta Fontana. Rendering courtesy of Wood Partners Wood Partners has broken ground on Alta Fontana, a 344-unit multifamily development in Fontana, Calif., in San Bernardino County. Completion is...
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Inland Empire Asset Changes Hands for $51M
The Landing Apartments. Image courtesy of The Mogharebi Group The Mogharebi Group has facilitated the $50.5 million sale of The Landing Apartments, a 156-unit community in Ontario, Calif. A Los...
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Inland Empire Multifamily Report – March 2023
Inland Empire rent evolution, click to enlarge The Inland Empire has been one of the strongest performing rental markets in the U.S. throughout the past decade, with slow development and rapidly rising...
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Inland Empire Multifamily Report – December 2022
Inland Empire rent evolution, click to enlarge The Inland Empire’s rental market continued to exhibit most of the same patterns established during the past decade, with the only major curveball being...
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Security Properties Pays $33M for Inland Empire Affordable Asset
Village Green Apartment Homes Security Properties Inc. has acquired a 184-unit fully affordable multifamily community, Village Green Apartment Homes, in the Rancho West area of San Bernardino, Calif....
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Inland Empire Storage Facility Lands Refi
A-Storage-Place Palm Frontera Real Estate has received $10.5 million in refinancing for A-Storage-Place Palm, a 96,082-square-foot facility in Riverside, Calif. Transamerica Life Insurance Co. provided...
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Inland Empire Multifamily Report – August 2022
Inland Empire rent evolution, click to enlarge The Inland Empire has seen extensive improvement in its industrial real estate sector, but multifamily has been equally hot lately. As Southern...
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Inland Empire Mixed-Use Project Gets Green Light
State Street Village. Image courtesy of Village Partners Developers Village Partners Investments and The Bascom Group have received the final approval for their State Street Village mixed-use...
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Universe Holdings Acquires 160-Unit Inland Empire Asset
Stonegate Apartments. Image courtesy of Institutional Property Advisors Universe Holdings has acquired Stonegate Apartments, a 160-unit community in Riverside, Calif., from Pacific Living Properties....
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LivCor Sells 304-Unit Inland Empire Community
Metro 3610 Silver Star Real Estate has bought Metro 3610, a 304-unit multifamily community in Riverside, Calif. The previous owner, LivCor, had acquired the property in 2019, for $72.3 million,...
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Virtu Investments Sells Inland Empire Asset for $82M
Foothill Ridge. Image courtesy of IPA Virtu Investments has sold Foothill Ridge, a 232-unit community in Upland, Calif., to Clear Capital for $82 million. According to Yardi Matrix data, the buyer...
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Capital Foresight Lands $166M Refi for Inland Empire Portfolio
Aventerra II Apartments. Image courtesy of Dwight Capital Capital Foresight has received $166.5 million in HUD 223(F) refinancing loans for seven communities, totaling 1,154 units, located in Fontana,...
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Waterton Buys Inland Empire Community
Terracina. Image courtesy of Waterton Waterton has acquired Terracina, a 736-unit community in Ontario, Calif., from Bridge Investment Group. The property last traded in 2016 for $142.1 million when it...
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CHOC Breaks Ground on Inland Empire Affordable Community
Dolores Huerta at the Placita Dolores Huerta groundbreaking event. Images by Noé MontesPlacita Dolores Huerta groundbreaking event Community Housing Opportunities Corp. has broken ground on Placita...
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Inland Empire Multifamily Report – March 2022
Inland Empire rent evolution, click to enlarge The Inland Empire’s multifamily market performed well in 2021, displaying a significant rebound in activity compared to the first year of the health...
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