Inland Empire

Wood Partners Continues to Expand in the Inland Empire Area with Groundbreaking of Alta Cuvee

Retrieved on: 
Wednesday, December 7, 2022
Kimberly-Clark, BBQ, Apple, Etiwanda Fire, Farmers' market, Yoga, Community, Farmer, Hospital, Inland Empire, Division, XPO Logistics, Foothill Boulevard, Tanning, Growth, Multimedia, Amazon, Pottery Barn, Acquisition, Hotel, Interior design

RANCHO CUCAMONGA, Calif., Dec. 7, 2022 /PRNewswire/ -- Today, national leader in multifamily real estate development Wood Partners announced the groundbreaking of Alta Cuvee, located in Rancho Cucamonga, CA.

Key Points: 
  • RANCHO CUCAMONGA, Calif., Dec. 7, 2022 /PRNewswire/ -- Today, national leader in multifamily real estate development Wood Partners announced the groundbreaking of Alta Cuvee, located in Rancho Cucamonga, CA.
  • Located within the Inland Empire, Alta Cuvee marks Wood Partners' second development within the area, which has been experiencing one of the highest growth rates in the nation.
  • "As the Inland Empire continues to experience a massive amount of growth and development, we are excited to break ground on our second Wood Partners residential communityAlta Cuvee,"said Joe Gambill, Managing Director for Wood Partners.
  • "Alta Cuvee is being developed on the heels of the very successful Wood Partners developed community, Alta Upland.

Ontario International named the fastest-growing airport in the U.S. for the fifth straight year

Retrieved on: 
Wednesday, December 7, 2022
Travel, City, Ontario International Airport Authority, Atmosphere, Ontario International Airport, Peterborough, Ontario City Council, Global Travel Taskforce, Partnership, County, Inland Empire, Joint powers authority, Commissioner, ONT, OIAA, Multimedia, Aviation, GT, Marketing, Yasser ElKady, Airport, Airline

ONTARIO, Calif., Dec. 7, 2022 /PRNewswire/ -- The accolades keep rolling in for Ontario International Airport (ONT), the gateway for choice for millions of Southern California air travelers and now, for the fifth straight year, the fastest-growing airport in the United States, according to a leading industry publication.

Key Points: 
  • ONTARIO, Calif., Dec. 7, 2022 /PRNewswire/ -- The accolades keep rolling in for Ontario International Airport (ONT), the gateway for choice for millions of Southern California air travelers and now, for the fifth straight year, the fastest-growing airport in the United States, according to a leading industry publication.
  • "We've committed to establishing Ontario International as a premier aviation gateway, and are thrilled with the response we've received from the community and region we serve.
  • Atif Elkadi, OIAA chief executive officer, noted that 10 million Southern Californians live or work closer to ONT than any other airport.
  • Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers.

Bright MLS Forecast Predicts Housing Market Correction Through 2023 With a Risk of Price Declines of 10% or More in Some Markets

Retrieved on: 
Wednesday, December 7, 2022
Housing, Bureau of Labor Statistics, Realtor.com, Center for Economic Studies (U.S. Census Bureau), Activated sludge, Inventory, Louisville Home Guard, Millennials, Employment, Unemployment, MLS, United States Census Bureau, Correction, Risk, Real estate, Renewable energy, Inland Empire, Phoenix, Bright

ROCKVILLE, Md., Dec. 7, 2022 /PRNewswire/ -- After a 2½-year free-for-all where homes commanded multiple offers well above asking and prices racked up double-digit gains, the U.S. housing market will reset in 2023, according to the Bright MLS 2023 Housing Market Forecast released today. However, unlike the 2008 housing market meltdown that sent prices plummeting and led to record-high foreclosures, today's market is in a much better position to withstand a market correction.

Key Points: 
  • Low inventory and solid demand will result in the median home price nationally rising by 0.3% year-over-year in 2023.
  • But it is important to pay attention to local market conditions because some places are at greater risk than others for significant price declines.
  • The least affordable markets in the U.S. are at greater risk for seeing more significant price declines in 2023.
  • To view Bright's full national housing forecast, which includes a ranking of the 50 largest U.S. metro risks ofprice declines, please visit 2023 Housing Market Outlook: What Kind of Correction?

Collaborative Group Releases Inland Empire Community Health Assessment

Retrieved on: 
Tuesday, December 6, 2022
INLAND EMPIRE, Sickness, EMPIRE, Mental, Cardiovascular disease, Life, Learning, Infant, Mental health, Focus, Data collection, Disease, Community health, Health, Investment, Multimedia, Diabetes, CHA, Mother, Cal, Medicare, Organization, Hospital, Medicine, Online shopping, Inland Empire, Safety, Medicaid

INLAND EMPIRE, Calif., Dec. 6, 2022 /PRNewswire/ -- Senior citizens, communities of color, individuals with low incomes and those living in remote and rural areas are disproportionately impacted by negative health outcomes, according to a newly released Community Health Assessment focusing on the Inland Empire region.

Key Points: 
  • INLAND EMPIRE, Calif., Dec. 6, 2022 /PRNewswire/ -- Senior citizens, communities of color, individuals with low incomes and those living in remote and rural areas are disproportionately impacted by negative health outcomes, according to a newly released Community Health Assessment focusing on the Inland Empire region.
  • The 2022 Inland Empire Community Health Assessment Stakeholder Committee, comprised of over 40 representatives across 25 community organizations, united over the past year to collect and analyze the region's health and wellness data.
  • "We all know that health happens across zip codes," said Jarrod McNaughton, chief executive officer at Inland Empire Health Plan (IEHP), which sponsored the Inland Empire Community Health Assessment.
  • The 2022 Inland Empire Community Health Assessment (CHA) is the work of a diverse group of stakeholders that set out to identify the top health and well-being needs of Inland Empire residents.

Nominations Now Open: IEHP Living the Mission Awards

Retrieved on: 
Monday, December 5, 2022
Courage, Inspiration, Innovation, Conference, Poverty, Larry Stewart Leadership and Inspiration Award, Creativity, Chicago Innovation Awards, Multimedia, Evangelical Mennonite Mission Conference, Health, Cal, Medicare, Inland, Inland Empire, Medicaid

Inland Empire Health Plan (IEHP) is currently collecting nominations for its 2023 Living the Mission Awards, which will be announced next spring.

Key Points: 
  • Inland Empire Health Plan (IEHP) is currently collecting nominations for its 2023 Living the Mission Awards, which will be announced next spring.
  • Categories for the awards include Creativity and Innovation, Vibrant Health, Optimal Care and Inspire.
  • Earlier this year, Community Action Partnership of San Bernardino County (CAPSB) and SAC Health System earned IEHP's first Living the Mission Awards.
  • Awards will be announced at IEHP's annual Mission Conference scheduled for May 5, 2023.

Thor Equities Group Continues Industrial Expansion in Greater Los Angeles Market

Retrieved on: 
Thursday, December 1, 2022
Inland Empire, Port of Long Beach, Thor Equities, Sitt, Pike Street, Thor, City, Acquisition, Rail freight transport, Financial services, Greater Los Angeles

This latest acquisition represents the third industrial acquisition in the Greater Los Angeles region for Thor.

Key Points: 
  • This latest acquisition represents the third industrial acquisition in the Greater Los Angeles region for Thor.
  • Located in the West Inland Empire, one of the strongest industrial submarkets in the entire nation, 10516CommerceWay offers users a rare opportunity to access millions of consumers on the West Coast in record time, said Chairman of Thor Equities Group, JoeSitt.
  • Earlier last month, Thor acquired its fourth industrial property in the state of Georgia with the procurement of a 40-acre parcel in Adairsville.
  • Thor Equities is a leader in the development, leasing and management of office, industrial, laboratory, residential, hotel and mixed-use assets in premier urban locations worldwide.

Lovett Industrial Finalizes 6-Acre Land Acquisition in California’s Inland Empire for Industrial Development

Retrieved on: 
Wednesday, November 30, 2022
Trucking, Transport, Other Construction & Property, Logistics, Supply Chain Management, Commercial Building & Real Estate, Construction & Property, Inland Empire, Heart, Kellogg, City, Multimedia, SNCF Logistics, Industrial, HPA, Target, Monster Energy, Acquisition, Property management, Road, I-210, Amazon

View the full release here: https://www.businesswire.com/news/home/20221129005728/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221129005728/en/
    Lovett Industrial recently closed on 6.02 acres of land in Rialto, California with plans to develop Renaissance Logistics Center.
  • (Photo: Business Wire)
    Located in the heart of the Inland Empire, one of the strongest industrial markets in the nation, Renaissance Logistics Center is situated directly on I-210 with prominent freeway visibility and frontage.
  • Renaissance Logistics Center is the second Inland Empire acquisition for Lovett Industrial.
  • Lovett Industrial recently acquired 13-acres in Highland, California with plans to develop a single 285,000 square foot rear-load class A industrial building.

Seven Hills Realty Trust Closes $24.4 Million Bridge Loan to Finance the Acquisition of an Industrial Property in Fontana, California

Retrieved on: 
Wednesday, November 30, 2022
Finance, Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Growth, Inland Empire, Risk, Thor Equities, Tenant, Security (finance), Commerce, Investment, Public expenditure, Acquisition, Recession, Real estate, Bookkeeping, Bank

Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $24.4 million first mortgage floating-rate bridge loan to finance the acquisition of an 83,000 square foot industrial warehouse property located at 10516 Commerce Way in Fontana, California.

Key Points: 
  • Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $24.4 million first mortgage floating-rate bridge loan to finance the acquisition of an 83,000 square foot industrial warehouse property located at 10516 Commerce Way in Fontana, California.
  • SEVNs manager, Tremont Realty Capital , was introduced to the transaction by JLL Capital Markets , which advised the sponsor, Thor Equities .
  • The Commerce Way loan was made to a repeat sponsor of ours for the acquisition of an industrial facility located in a prime submarket of the Inland Empire.
  • Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate.

YAAMAVA’ RESORT & CASINO AT SAN MANUEL DEBUTS FIRST OF ITS KIND SPORTS VENUE

Retrieved on: 
Friday, November 18, 2022
Mission Indians, Inland Empire, Pechanga Resort & Casino, Freeway Series, Place, Beer, Triple play, Food, Life, Food hall, INC, Stella, Pizza Port, JBQ, Arceo, Valbuena, Highland, California, Mission, Tribe, San Bernardino Mountains, Chicken à la King, Los Angeles Kings, Lost Abbey, Breast, Hotel, Nightclub, Casino, Southern California, D3

San Manuel Band of Mission Indians Chairwoman Lynn Valbuena is excited about the new space that welcomes sports fans and foodies alike.

Key Points: 
  • San Manuel Band of Mission Indians Chairwoman Lynn Valbuena is excited about the new space that welcomes sports fans and foodies alike.
  • The San Manuel Entertainment Authority (SMEA) wholly owns and operates Yaamava Resort & Casino.
  • In 2021, San Manuel Casino and San Manuel Tribal Government Operations were certified as a Great Place to Work by the global authority on workplace culture.
  • Yaamava Resort & Casino at San Manuel is located at 777 San Manuel Blvd, Highland, Calif. 92346.

Friendly Hills Bank Announces Name Change

Retrieved on: 
Monday, November 14, 2022
Growth, Inland Empire, OTC Markets Group, First Pacific Bank, History, FHLB, Online shopping

WHITTIER, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Friendly Hills Bank, a wholly-owned subsidiary of Friendly Hills Bancorp (OTC Pink: FHLB), announced today that it is aligning its brand to better serve its expanded footprint and greater lending capacity, and officially changing its name to First Pacific Bank.

Key Points: 
  • WHITTIER, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Friendly Hills Bank, a wholly-owned subsidiary of Friendly Hills Bancorp (OTC Pink: FHLB), announced today that it is aligning its brand to better serve its expanded footprint and greater lending capacity, and officially changing its name to First Pacific Bank.
  • We feel stronger than ever thanks to the commitment of our clients, employees, and shareholders, said Nathan Rogge, President and CEO of Friendly Hills Bank.
  • Friendly Hills Bank, a wholly-owned subsidiary of Friendly Hills Bancorp (OTC Pink: FHLB), is a growing community bank catering to individuals, professionals, and small-to-medium-sized businesses throughout Southern California.
  • Friendly Hills Bank operates locations in Los Angeles County, Orange County, San Diego County, and the Inland Empire.