PCCP, Alliance Acquire Riverside Apartments for  Million

PCCP, Alliance Acquire Riverside Apartments for $65 Million

PCCP and Alliance Residential Company plunked down more than $65 million for an apartment complex in the Inland Empire’s biggest city.  The two firms acquired The Hawthorne, a 184-unit multifamily property at... Read more »
Walmart Buys Riverside Distribution Site for 3 Million

Walmart Buys Riverside Distribution Site for $223 Million

Walmart doesn’t seem to be fazed by the Inland Empire’s shaky industrial market fundamentals.  The Arkansas-based retail giant has purchased its distribution facility in Riverside for $223 million, L.A. Business First reported.... Read more »
PCCP, Alliance Residential Snap Up Garden-Style Riverside Complex

PCCP, Alliance Residential Snap Up Garden-Style Riverside Complex

A joint venture between PCCP and Alliance Residential Company completed the $65.3-million acquisition of The Hawthorne, a 184-unit multifamily community located at 9170 Indiana Ave. in Riverside. The seller was not disclosed. Delivered... Read more »
1,400-Acre Riverside County Tract Comes to Market

1,400-Acre Riverside County Tract Comes to Market

Cushman & Wakefield is marketing a 1,400-acre residential development site, centrally located within the Inland Empire. The Riverside County site includes a tentative tract map, offering developers a clear path forward Kevin Turner, Hector Vargas and David Harbour of... Read more »
Riverside County Tax Auction Set With 0 Floor for Bids

Riverside County Tax Auction Set With $100 Floor for Bids

Southern California deal-seekers have the chance to snap up a house on the cheap.  Riverside County opened registration for auctions on tax-defaulted homes, the California Post reported. Nearly 1,000 homes will be... Read more »
Riverside County Public Guardian v. Snukst: Medi-Cal Recovery From Revocable Trusts for Deaths Before 2017 (California) – California Legal Guide | CPT Law

Riverside County Public Guardian v. Snukst: Medi-Cal Recovery From Revocable Trusts for Deaths Before 2017 (California) – California Legal Guide | CPT Law

California Legal Implications: Medi-Cal Recovery and Trust Assets A recent appellate court ruling highlights the complex and changing landscape of Medi-Cal Estate Recovery in California. In the case of *Riverside County Public... Read more »
County of Riverside Acquires Two MOBs for M

County of Riverside Acquires Two MOBs for $53M

Cushman & Wakefield arranged the sale of two fully leased, institutional-quality medical office buildings totaling 85,204 square feet in Riverside County. The properties, located at 8876 Mission Blvd. in Jurupa Valley and... Read more »
Skanska Awarded 6M in Riverside County Infrastructure Projects

Skanska Awarded $166M in Riverside County Infrastructure Projects

Skanska was recently awarded two projects by the County of Riverside Transportation Department: the $59-million Mission Boulevard Bridge Replacement Project in Jurupa Valley and the $107-million Mid County Parkway Ramona Expressway Project... Read more »
Sagard Debuts Value-Add Fund with Riverside Apartment Deal

Sagard Debuts Value-Add Fund with Riverside Apartment Deal

Sagard Real Estate, formerly EverWest Real Estate Investors, acquired Vista Imperio, a 158-unit suburban garden-style multifamily property in Riverside, for an undisclosed sum. The acquisition is the first for Sagard’s newest, moderate... Read more »
Riverside Apartments Trade with Interest-Only Loan Assumption

Riverside Apartments Trade with Interest-Only Loan Assumption

CBRE arranged the $10.15-million sale of the 44-unit Ramona Oaks Apartments at 3401 Ramona Drive in Riverside. The firm’s Eric Chen, Kevin Sin and Blake Torgerson represented both the buyer, WeJ&J LLC, and the seller, AB Ramona Oaks.... Read more »