REAL ESTATE
- Share via
More Construction Lending: Construction lending in Orange County was up nearly 24% to $222 million from July through September, according to a real estate information service report. That compared to lending of $179 million for the same period last year.
Lending was up across Southern California, with the total for Los Angeles County jumping nearly 148% to $397 million. Lending in Riverside County was up about 37% to $219 million, and in San Bernardino County, up 41% to $128 million, according to Dataquick Information Systems in La Jolla.
Building activity in California is at its highest level in two years, according to the report, with recession-wracked Southern California in particular showing gains.
Statewide, construction loans for the period totaled $2.33 billion, up 34.9% from $1.73 billion during the third quarter last year.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
