This is Startempire Wire’s latest Weekly Wire RoundUp.
The Hoffman Company recently brokered the sale of a 482-unit residential development in Riverside County. This 482 Unit apartment project is a multifamily apartment project, and there’s a shortage of multifamily homes in CA. The larger project is a 35-acre mixed-use development with 400+ apartments, a hotel that has been suggested, RV parking, a petrol station, and a potential pad for offices and hotels.
The U.S. Small Business Administration (SBA) is hosting a procurement series webinar for small businesses. Get yourself registered by 8/24/22 at 8:00 AM (PDT) for free. SBA will provide instruction for this two-week course on obtaining certification as an SBA 8(a), SBA Women-Owned Small Business, and SBA HUBZone. You can access the registration link in the article. The federal government wants to provide women-owned small companies at least 5% of all federal contracting funds yearly.
Ayala Park is a brand-new seven-acre neighborhood park with unique features and a community center in Bloomington. The landscaped park has three play structures for toddlers, kids, and teenagers, as well as walking paths and exercise equipment. The 7-acre neighborhood park is brand-new, although the name “Ayala Park” is not; it was moved and renovated.
Dedeaux Properties, based in Los Angeles paid $33.6 million for 7.11 acres, bringing the price to $4.7 million per acre. According to a representative for Dedeaux, the company’s first plans include building another truck terminal. According to the records, Armando Amador was the owner of the Property. The company runs an 11 million square foot portfolio of truck terminals, cold storage facilities, and logistical space, mainly in the Bay Area, Inland Empire, and Los Angeles County.
Lincoln Property Co., a Dallas-based company, is now redeveloping the Carousel Mall property in downtown San Bernardino. The company has extensive expertise in executing mixed-use real-estate projects worldwide. The City Council also overwhelmingly approved this move of Lincoln Property as the development company of Carousel Mall on Wednesday, 3rd August.
According to the latest report by the California Association of Realtors (C.A.R.), all counties in Southern California have faced a drop in home affordability. However, San Bernardino County remains the most affordable county in Southern California, with 30% of households able to afford the $493,000 median-priced home.
This week’s Podcasts
Riverside County Women’s Leadership Conference – Crossroads Christian Church – Aug 25 (10am)
The 16th Annual Women in Business Conference – Thurs, September 8 (8am) Pechanga Resort Casino
Zero to Customer #1 (Workshop Series) Jul 16 – Sep 24 (Details At Website)
Connecting Faith And Business – Riverside Convention Center – Oct 13 (10am)