INLAND EMPIRE, CA—The Inland Empire market, comprised ofRiverside and San Bernardino counties, went through a significantdownturn during the recession that is only now starting to see realsigns of recovery. So says Praedium Group'sAsim Hamid.
The director explains that as one of the last markets in thecountry to improve—employment is still 10% off its peak—there is areal opportunity for growth. That makes it “a prime area formultifamily investment.”
There are two main factors driving the area's progress, he says.One is the increase in new home building, which is spurring jobs inthe construction industry. The second catalyst is the strength ofthe nearby ports in Los Angeles.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
