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Riverside Properties News






Inland gets funds to fight blight
Fifteen municipalities in Inland Southern California, including Riverside and San Bernardino counties, will receive $52 million in additional federal funding next month to enhance programs they have implemented to counter neighborhood blight caused by foreclosures, the Obama administration said.


Raintree Closes $25M Apt. Buy
RIVERSIDE, CA-Raintree Partners, a Laguna Niguel, CA-based real estate investment and development company, has completed the acquisition of Boulder Creek Apartments, a 264-unit multifamily community set against the Box Springs Mountains in Riverside, CA.


£10,000 reward for information on Aamir Siddiqi murder
POLICE are renewing their appeal for information as to the whereabouts of a man wanted in connection with the murder of Aamir Siddiqi. Mohammed Ali Ege, 32, from the Riverside area of Cardiff is wanted on suspicion of conspiracy to commit murder.


Waterton Acquires $109.5 Million of Debt Secured by Four Multifamily Properties Located in North Carolina and California
Waterton Residential recently acquired $109.5 million of debt secured by four prime multifamily properties located in North Carolina and California. So far this year, Waterton has acquired $179.2 million in distressed debt secured by multifamily assets and expects to acquire another $150 million in debt and/or multifamily properties by the end of 2010.


REGION: Residents weigh in on Wine Country plan
Area leaders are pursuing a long-term development plan for WineCountry that aims to tastefully blend the vineyards with nearbyhorse properties. But a county-sponsored open house Thursday on theunfolding plan underscored the difficulty that lies ahead in mixingland uses that are, in some ways, like oil and water.


River seawall to be restored
WORK is expected to start shortly on restoration work to repair the flood damaged seawall along the Richmond River, south of Riverside Drive.


Oregon Recreation Report
Updated Wednesday, Sept. 8, 2010, by the Oregon Department ofFish and Wildlife


LAKE ELSINORE: National organization to recognize 123-year-old Lake Elsinore building
No one knows where Frank Ferris came up with the know-how to build the architectural confection in downtown Lake Elsinore once known as the Crescent Bath House.



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