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Riverside, California
FinanceIndustry NewsInland EmpireResidential

88-Unit University Gardens Apartments Trades for $16.375MM Near UC Riverside

Kidder Mathews closed the $16.375 million sale of the 88-unit, 1964-built property at a 6.38 percent cap rate, betting that its recently completed...

Riverside, California
FinanceIndustry NewsInland EmpireResidential

Turtle Creek Apartments Trades for $34.5MM in Riverside at 4.33% Cap Rate

CBRE brokers the $34.5MM sale of the 98-unit Turtle Creek Apartments in Riverside, including a rare HUD loan assumption at a 4.33% cap...

Sacramento state dome
FeaturedIndustry NewsInland EmpireLos AngelesOrange CountyResidentialSan Diego

California’s Rental Housing Bills Reach the Home Stretch, Testing Southern California’s Multifamily Market

A batch of California rental housing bills cleared the Legislature’s August 13 suspense hearings and now advances toward final floor votes, leaving Southern...

a rendering of an apartment with furniture
FinanceIndustry NewsInland EmpireResidential

JSLB Real Estate Holdings Sells 113-Unit University Gardens & Normandy Apartments for $21.8MM in Riverside

JSLB Real Estate Holdings has sold the 113-unit University Gardens & Normandy Apartments near UC Riverside for $21.8 million, a value-add workforce-housing trade...

Shoppers walking shopping center
FinanceIndustry NewsInland EmpireRetail

Private Investor Lands 145,000 SQFT Former Nordstrom Anchor at Galleria at Tyler for $10.5MM in Riverside

A private investor bought the 145,258 SF former Nordstrom anchor at Riverside's Galleria at Tyler for $10.5MM in a five-offer bidding contest.

Facade of modern apartment building with blue background
FeaturedIndustry NewsInland EmpireResidential

Inland Empire Leads Southern California in Rent Growth as Developers Pull Permits but Stall on Construction

The Inland Empire posted the strongest rent growth of any major Southern California market even as developers, hamstrung by financing and cost pressures,...

Hotel sign on the side of a building
FinanceHospitalityIndustry NewsInland Empire

San Manuel Nation’s $33.2MM Purchase of Riverside’s 238-Room Mission Inn Surfaces in County Records

Real estate filings with Riverside County have put a number on a deal both buyer and seller had kept confidential, showing the Yuhaaviatam...

Apartment building
FinanceIndustry NewsInland EmpireResidential

PCCP, Alliance Residential Pay $65.3MM for 184-Unit Hawthorne Apartments in Riverside

A joint venture of PCCP and Alliance Residential Co. has acquired The Hawthorne, a 184-unit garden-style community in Riverside, for $65.3 million, a...

Riverside, California
FinanceIndustry NewsInland EmpireNews ReleasesResidential

PCCP and Alliance Residential Company Acquires 184-Unit Multifamily Community in Riverside for $65.3MM

Los Angeles, Calif. – May 28, 2026 – A joint venture between PCCP and Alliance Residential Company today announced the $65.3 million acquisition...

Trucks by warehouse
FinanceIndustrialIndustry NewsInland EmpireLeasing

Walmart Clinches 507,000 SQFT Riverside Cold Storage Hub for $223MM, Locking In Critical Inland Empire Grocery Node

The retail giant converts a 16-year lease into ownership at 1001 Columbia Avenue, doubling down on temperature-controlled distribution as cold storage supply tightens...

Construction worker on the site
AECFeaturedIndustry NewsInland EmpireLos AngelesOrange CountySan Diego

Southern California Construction Loses 13,800 Jobs as Every Major Metro Contracts

Los Angeles-Long Beach-Anaheim shed 6,200 construction jobs while the Inland Empire dropped 2,900 and San Diego gave back 1,500, signaling a region-wide pullback...

Warehouse with solar panels
FeaturedIndustrialIndustry NewsInland Empire

Inland Empire Industrial Vacancy Climbs to 7.7% as Leasing Activity Drops Sharply in Q1 2026

Despite slower first-quarter performance, gross leasing across the region topped 48 million square feet and stabilization is expected to begin later this year...

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