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Business Archives
Ontario's Prime Healthcare hits 55 hospitals with its ninth Chicago-area deal
Citrus Belt Review: The fourth-largest for-profit hospital system in the country runs from a Guasti Road office park — and the buying spree is financed like a public company.
Premier, Penwood buy two Rialto Amazon warehouses for $270M
The IE apartment market spent four years going from "no marketing needed" to a fight for every lease
Citrus Belt Review: Apple Maps just opened up to ads, and apartment-marketing trade press is treating it as the next channel. The more telling local story: the IE has quietly flipped from a market where units leased themselves to one where Class A communities compete hard for renters — and a new ad channel is a symptom of that, not the cause.
Riverside posts the fourth-highest all-cash home share in the country
The Inland Empire is one of the most foreclosure-exposed big markets in the country
Citrus Belt Review: Filings here hit one in every 811 properties — nearly double the national rate — while a $600,000 median and 66%-of-wages cost burden squeeze buyers. The equity cushion is what keeps it a normalization story, not a 2008 repeat.
PCCP and Alliance Residential buy a Riverside complex for $65.3M
Connect CRE: A 2023-built, 184-unit garden-style community trades in a submarket the buyers are betting on for long-run demographic demand.
A 1,400-acre housing tract hits the market near Lake Mathews
ConnectCRE: Entitled land at this scale rarely trades in SoCal — and this one already carries a tentative tract map, central to Corona, Riverside, and Menifee.
Moreno Valley's Villa Annette refinances with a $46M bridge loan
ConnectCRE: The loan retires construction debt and returns equity to the borrower on a newly built 220-unit complex — a clean exit from the build phase rather than a sale.
Ontario hotel raises $103M to become a Hyatt Regency
Inland Empire Business Journal: Pairs $26M in C-PACE bonds with $77M in tax-exempt mortgage revenue bonds — unusual structure at this scale for IE hospitality.