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COMMERCIAL REAL ESTATE LOANS RIVERSIDE CA
COMMERCIAL MORTGAGES RIVERSIDE CA
RIVERSIDE CALIFORNA
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FREE LOAN ANALYSIS

We Do Great Commercial Lending!
"Commercial Real Estate
LOANS IN RIVERSIDE CA"

We Secure Financing Via SBA Loans, Commercial Real Estate Loans and C&I Loans. PREFERRED PROPERTY TYPES ARE OFFICE, INDUSTRIAL, RETAIL, MULTIFAMILY, MEDICAL AND SPECIAL PURPOSE

PURCHASE AND REFINANCING OPTIONS:
UP TO 10 YEARS FIXED RATE AND 30 YEAR AMORTIZATION

Thank you for your interest in our commercial real estate and small business lending products. Our loan officers have extensive experience in business development, finance, credit administration, policy writing, underwriting, special assets-commercial loan workouts, risk management and research & development. Our primary goal is to make sure that clients are 100% satisfied with the products and services that are delivered. We want our clients to have access to the most competitive rates and terms so that it achieves their financial goals.

The ideal client is a real estate investor or business owner who is in need of financing for the following reasons: purchase or refinance commercial real estate, equipment & machinery acquisition, working capital, business acquisition and debt refinance.    

When it’s time to make important real estate or financial decisions for your company we know that it can be stressful, complicated, expensive and overwhelming. Our mission is to make the financing process relatively painless, simple, cost effective and even enjoyable.

Common Commercial Real Estate (CCRE) originates commercial real estate and small business loans for investors and small business owners throughout California as well as nationwide. We provide investors and small business owners access to the most competitive financing through prominent national & regional banks, credit unions and private lenders.

For commercial real estate loans we can secure financing for purchases and refinances of existing loans up to $15,000,000. We will provide competitive loan products for a full range of properties, including apartments, retail/shopping centers, office, industrial, single-tenant net lease, medical and special purpose. Fixed interest rates are offered at the periods of 3 years, 5 years, 7 years and 10 years. Depending on the property type, loans can be amortized for up to 30 years. Some of the lenders that we work with offer low origination fees and no pre-payment penalties.

For small business owners, CCRE can secure revolving lines of credit (secured & unsecured) from $50,000 up to $2,000,000; equipment term loans up to $1,500,000; fixed rate commercial real estate loans up to $15,000,000; and SBA loans up to $5,000,000.

Is a commercial loan right for you?

*Commercial Loan Uses

Commercial Real Estate Purchase Commercial Real Estate Refinance
1031 Exchange
Business Acquisition
Business Expansion
Purchase Equipment
Lines of Credit
Long-Term Working Capital
Debt Refinance

WE MAKE LOANS ON PROPERTIES INCLUDING:

Retail
Apartments
Factories / Industrial
Shopping Centers
Office Buildings
Warehouses
Industrial
Mixed-Use / Single Use
Owner Occupied
Medical

Call Us Today (949) 354-2485

ABOUT COMMERCIAL MORTGAGES
COMMERCIAL MORTGAGES RIVERSIDE CA
RIVERSIDE CALIFORNA

A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.

Commercial mortgages are structured to meet the needs of the borrower and the lender. Key terms include the loan amount (sometimes referred to as "loan proceeds"), interest rate, term (sometimes referred to as the "maturity"), amortization schedule, and prepayment flexibility. Commercial mortgages are generally subject to extensive underwriting and due diligence prior to closing. The lender's underwriting process may include a financial review of the property and the property owner (or "sponsor"), as well as commissioning and review of various third-party reports, such as an appraisal.

There were $3.1 trillion of commercial and multifamily mortgages outstanding in the U.S. as of June 30, 2013. Of these mortgages, approximately 49% were held by banks, 18% were held by asset-backed trusts (issuers of CMBS), 12% were held by government-sponsored enterprises and Agency and GSE-backed mortgage pools, and 10% were held by life insurance companies.

Terms

Loan amount

The loan amount of a commercial mortgage is generally determined based on loan to value (LTV) and debt service coverage ratios, more fully discussed below in the section on underwriting standards.

Loan structure

Commercial mortgages can be structured as first liens or, if a greater loan amount is desired, the borrower may be able to obtain subordinate financing as well, sometimes structured as a mezzanine note or as preferred equity, which generally carries a higher interest rate.

Interest rate

Interest rates for commercial mortgages may be fixed-rate or floating rate. Fixed-rate mortgages on stabilized commercial real estate are generally priced based on a spread to swaps, with the swap spread matched to the term of the loan. Market interest rates as well as underwriting factors greatly affect the interest rate quoted on a particular piece of commercial real estate. Interest rates for commercial mortgages are usually higher than those for residential mortgages.

Fees

Many commercial mortgage lenders require an application fee or good-faith deposit, which is typically used by the lender to cover underwriting expenses such as an appraisal on the property. Commercial mortgages may also have origination or underwriting fees (paid at close as a reduction in loan proceeds) and/or exit fees (paid when the loan is repaid).

Term

The term of a commercial mortgage is generally between five and ten years for stabilized commercial properties with established cash flows (sometimes called "permanent loans"), and between one and three years for properties in transition, for example, newly opened properties or properties undergoing renovation or repositioning (sometimes called "bridge loans"). Mortgages on multifamily properties that are provided by a government-sponsored enterprise or government agency may have terms of thirty years or more. Some commercial mortgages may allow extensions if certain conditions are met, which may include payment of an extension fee. Some commercial mortgages have an "anticipated repayment date," which means that if the loan is not repaid by the anticipated repayment date, the loan is not in default.

Amortization

Commercial mortgages frequently amortize over the term of the loan, meaning the borrower pays both interest and principal over time, and the loan balance at the end of the term is less than the original loan amount. However, unlike residential mortgages, commercial mortgages generally do not fully amortize over the stated term, and therefore frequently end with a balloon payment of the remaining balance, which is often repaid by refinancing the property. Some commercial mortgages have an interest-only period at the beginning of the loan term during which time the borrower only pays interest.

Prepayment

Commercial loans vary in their prepayment terms, that is, whether or not a real estate investor is allowed to refinance the loan at will. Some portfolio lenders, such as banks and insurance companies, may allow prepayment flexibility. In contrast, for a borrower to prepay a conduit loan, the borrower will have to defease the bonds, by buying enough government bonds (treasuries) to provide the investors with the same amount of income as they would have had if the loan was still in place.

Borrower entity

A commercial mortgage is typically taken on by a special purpose entity such as a corporation or an LLC created specifically to own just the subject property, rather than by an individual or a larger business. This allows the lender to foreclose on the property in the event of default even if the borrower has gone into bankruptcy, that is, the entity is "bankruptcy remote".

Recourse

Commercial mortgages may be recourse or non-recourse. A recourse mortgage is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s) of the property, which makes the debt payable in full even if foreclosure on the property does not satisfy the outstanding balance. A nonrecourse mortgage is secured only by the commercial property that serves as collateral. In an event of default, the creditor can foreclose on the property, but has no further claim against the borrower for any remaining deficiency.

If a sponsor is seeking financing on a portfolio of commercial real estate properties, rather than a single property, the sponsor may choose to take out a cross-collateralized loan, in which the all of the properties collateralize the loan.

Reserves

Lenders may require borrowers to establish reserves to fund specific items at closing, such as anticipated tenant improvement and leasing commission (TI/LC) expense, needed repair and capital expenditure expense, and interest reserves.

Underwriting

Underwriting metrics

Lenders usually require a minimum debt service coverage ratio which typically ranges from 1.1 to 1.4; the ratio is net cash flow (the income the property produces) over the debt service (mortgage payment). As an example if the owner of a shopping mall receives $300,000 per month from tenants, pays $50,000 per month in expenses, a lender will typically not give a loan that requires monthly payments above $227,273 (($300,000-$50,000)/1.1)), a 1.1 debt cover.

Lenders also look at loan to value (LTV). LTV is a mathematical calculation which expresses the amount of a mortgage as a percentage of the total appraised value. For instance, if a borrower wants $6,000,000 to purchase an office worth $10,000,000, the LTV ratio is $6,000,000/$10,000,000 or 60%. Commercial mortgage LTV's are typically between 55% and 70%, unlike residential mortgages which are typically 80% or above.

Lenders look at rents per square foot, cost per square foot and replacement cost per square foot. These metrics vary widely depending on the location and intended use of the property, but can be useful indications of the financial health of the real estate, as well as the likelihood of competitive new developments coming online.

Since the financial crisis, lenders have started to focus on a new metric, debt yield, to complement the debt service coverage ratio. Debt yield is defined as the net operating income (NOI) of a property divided by the amount of the mortgage.

Underwriting practices

Lenders typically do thorough extreme due diligence on a proposed commercial mortgage loan prior to funding the loan. Such due diligence often includes a site tour, a financial review, and due diligence on the property's sponsor and legal borrowing entity. Many lenders also commission and review third-party reports such as an appraisal, environmental report, engineering report, and background checks.

Providers of commercial mortgages

Banks

Banks, large and small, are traditional providers of commercial mortgages. According to the Federal Reserve, banks held $1.5 trillion of commercial mortgages on their books as of June 30, 2013.

Conduit lenders

Conduit lenders originate commercial mortgages and hold them as investments for a short period of time before securitizing the loans and selling CMBS secured by the underlying commercial mortgage loans. Conduit lenders include both banks and non-bank finance companies. Approximately $560 billion of commercial mortgages were held by issuers of CMBS as of June 30, 2013, according to the Federal Reserve.

Securitization of commercial mortgages in its current form began with the Resolution Trust Corporation's (or RTC's) commercial securitization program in 1992-1997. The RTC applied an approach similar to the one it had begun successfully using with residential mortgages, issuing multiple tranches of securities secured by diversified pools of commercial mortgage loans. Following the introduction of the securitization methods by the RTC, private banks began to originate loans specifically for the purpose of turning them into securities. These loans are typically structured to forbid prepayment beyond a specified amortization schedule. This makes the resultant securities more attractive to investors, because they know that the commercial mortgages will remain outstanding even if interest rates decline.

New CMBS issuance peaked in 2007 at $229 billion. Then, the subprime mortgage crisis and the resultant global financial crisis caused CMBS prices to fall dramatically, and new issuances of CMBS securities came to a virtual halt in 2008-2009. The market has begun to recover, with $12 billion in new issuance in 2010, $37 billion in new issuance in 2011, and $48 billion in new issuance in 2012.

Government agencies

Government-sponsored enterprises such as Fannie Mae and Freddie Mac, as well as government corporations such as Ginnie Mae, are active lenders for multifamily commercial real estate (that is, apartment buildings) in the United States. Approximately $390 billion of multifamily residential mortgages were held by government-sponsored enterprises or Agency and GSE-backed mortgage pools as of June 30, 2013, representing 12% of total commercial mortgages outstanding and 43% of multifamily commercial mortgages outstanding at that time.

Insurance companies

Insurance companies are active investors in commercial mortgages, and hold approximately $325 billion of commercial mortgages as of June 30, 2013.

Mortgage brokers

Mortgage brokers do not provide commercial mortgage loans, but are often used to obtain multiple quotes from different potential lenders and to manage the financing process.

Correspondent Lenders

Correspondent Lenders do not loan their own money, but provide front end services such as origination, underwriting, and loan servicing for lenders that utilize these types of companies. The correspondent often represents lenders in a particular geographic area.

References

  1. ^ a b c d e Board of Governors of the Federal Reserve. Z.1 Financial Accounts of the United States. Released September 25, 2013. Accessed November 5, 2013. pp. 104-105, tables L.219 and L.220.
  2. ^ FDIC. Managing the Crisis: The FDIC and RTC Experience. Chapter 16: Securitizations, pp. 417-423. Accessed December 12, 2013.
  3. ^ Commercial Mortgage Alert Market Statistics. U.S. CMBS Monthly Issuance. Click chart for backup and historical data. Accessed December 14, 2013.
  4. ^ a b Annual UK Property Transaction Statistics [PDF]. HM Revenue & Customs. 27 Jun 2014.
  5. ^ Masters, B and Hammond, E. Bank rules hit UK property developers. Financial Times. 16 Jan 2013.
  6. ^ Q4 2013 Credit Conditions Survey. Bank of England. 8 Jan 2014.
  7. ^ Financial Conduct Authority Handbook PERG 4.4.1. Accessed on 30 Apr 2015
  8. ^ What to expect when taking out a BTL mortgage. Homes 24. 15 Apr 2015
ABOUT RIVERSIDE CA
COMMERCIAL MORTGAGES RIVERSIDE CA
RIVERSIDE CALIFORNA

Riverside County, California
County
County of Riverside
Riverside 06Skyline.JPG
Riverside County Courthouse, 1903.jpg Downtown Palm Springs CA.JPG
Lake Perris.jpg Santa Rosa and San Jacinto Mountains 283.jpg
Old Town Temecula Entrance.jpg Blythe Intaglio (4858).jpg
Images, from top down, left to right: Riverside Skyline, Riverside County Courthouse, Downtown Palm Springs, Lake Perris, the North face of the San Jacinto Mountains in the Santa Rosa and San Jacinto Mountains National Monument, Old Town Temecula, the Blythe Intaglios
Flag of Riverside County, California
Flag
Official seal of Riverside County, California
Seal
Location in the state of California
Location in the state of California
California's location in the United States
California's location in the United States
Country  United States of America
State  California
Region Inland Empire
Incorporated May 9, 1893
Named for City of Riverside
County seat Riverside
Largest city (population) Riverside
Government
 • Board of Supervisors
Area
 • Total 7,303 sq mi (18,910 km2)
 • Land 7,206 sq mi (18,660 km2)
 • Water 97 sq mi (250 km2)
Highest elevation 10,843 ft (3,305 m)
Lowest elevation -234 ft (-71 m)
Population (April 1, 2010)
 • Total 2,189,641
 • Estimate (2015) 2,361,026
 • Density 300/sq mi (120/km2)
Time zone Pacific Time Zone (UTC-8)
 • Summer (DST) Pacific Daylight Time (UTC-7)
FIPS code 06-065
GNIS feature ID 277297
Website www.CountyOfRiverside.us

Riverside County, California is one of fifty-eight counties in the U.S. state of California. As of the 2010 census, the population was 2,189,641, making it the 4th-most populous county in California and the 11th-most populous in the United States. The name was taken from the city of Riverside, which is the county seat.

Riverside County is included in the Riverside-San Bernardino-Ontario, CA Metropolitan Statistical Area, also known as the Inland Empire. The county is also included in the Los Angeles-Long Beach, CA Combined Statistical Area. There is a high concentration of sprawling tract housing communities around Riverside and along the Interstate 10, 15, and 215 freeways.

Roughly rectangle-shaped, Riverside County covers 7,208 square miles (18,670 km2) in Southern California, spanning from the Greater Los Angeles area to the Arizona border. Geographically, the county is mostly desert in the central and eastern portions of the county and is a Mediterranean climate in the western portion of the county. Most of Joshua Tree National Park is located in the county.

The resort cities of Palm Springs, Palm Desert, Indian Wells, La Quinta, Rancho Mirage, and Desert Hot Springs are all located in the Coachella Valley region of Riverside County. Large numbers of Los Angeles area workers have moved to the county in recent years, based on data from the US Census Bureau for 2007 through 2011, to take advantage of relatively affordable housing. Alongside neighboring San Bernardino County, it was one of the fastest growing regions in the state prior to the recent changes in the regional economy. In addition, smaller, but significant, numbers of people have been moving into Southwest Riverside County from the San Diego-Tijuana metropolitan area. The cities of Temecula and Murrieta accounted for 20% of the increase in population of Riverside County between 2000 and 2007.

History

Early history

The indigenous peoples of what is now Riverside County are the Luiseño, Cupeño and Cahuilla Indians. The Luiseño lived in the Aguanga and Temecula Basins, Elsinore Trough and eastern Santa Ana Mountains and southward into San Diego County. The Cahullia lived to the east and north of the Luiseño in the inland valleys, Santa Rosa and San Jacinto Mountains and the desert of the Salton Sink.

The first European settlement in the county was a Mission San Luis Rey de Francia estancia or farm, at the Luiseño village of Temecula. Grain and grapes were grown here. In 1819, the Mission granted land to Leandro Serrano, mayordomo of San Antonio de Pala Asistencia for the Mission of San Luis Rey for Rancho Temescal.

Following Mexican independence and the 1833 confiscation of Mission lands, more ranchos were granted. Rancho Jurupa in 1838, El Rincon in 1839, Rancho San Jacinto Viejo in 1842, Rancho San Jacinto y San Gorgonio in 1843, Ranchos La Laguna, Pauba, Temecula in 1844, Ranchos Little Temecula, Potreros de San Juan Capistrano in 1845, Ranchos San Jacinto Sobrante, La Sierra (Sepulveda), La Sierra (Yorba), Santa Rosa and San Jacinto Nuevo y Potrero in 1846.

New Mexican colonists founded the town of La Placita on the east side of the Santa Ana River at the northern extremity of what is now the city of Riverside in 1843.

When the initial 27 California counties were established in 1850 the area today known as Riverside County was divided between Los Angeles County and San Diego County. In 1853 the eastern part of Los Angeles County was used to create San Bernardino County. Between 1891 and 1893 several proposals, and legislative attempts, were put forth to form new counties in Southern California. These proposals included one for a Pomona County and one for a San Jacinto County. None of the proposals were adopted until a measure to create Riverside County was signed by Governor Henry H. Markham on March 11, 1893.

County history

The new county was created from parts of San Bernardino County and San Diego County. On May 2, 1893, seventy percent of voters approved the formation of Riverside County. Voters chose the city of Riverside as the county seat, also by a large margin. Riverside County was officially formed on May 9, 1893, when the Board of Commissioners filed the final canvass of the votes.

Riverside County is the birthplace of lane markings, thanks to Dr. June McCarroll in 1915 when she suggested her idea to the state government.

The county is also the location of the March Air Reserve Base, one of the oldest airfields continuously operated by the United States military. Established as the Alessandro Flying Training Field in February 1918, it was one of thirty-two U.S. Army Air Service training camps established after the United States entry into World War I in April 1917. The airfield was renamed March Field the following month for 2d Lieutenant Peyton C. March, Jr., the recently deceased son of then-Army Chief of Staff, General Peyton C. March, who was killed in an air crash in Texas just fifteen days after being commissioned. March Field remained an active Army Air Service, then U.S. Army Air Corps installation throughout the interwar period, later becoming a major installation of the U.S. Army Air Forces during World War II. Renamed March Air Force Base in 1947 following the establishment of the U.S. Air Force, it was a major Strategic Air Command (SAC) installation throughout the Cold War. In 1996, it was transferred to the Air Force Reserve Command and gained its current name as a major base for the Air Force Reserve and the California Air National Guard.[citation needed]

Riverside county was a major focal point of the Civil Rights Movements in the USA, especially the African-American sections of Riverside and heavily Mexican-American communities of the Coachella Valley visited by Cesar Chavez of the farm labor union struggle.

Riverside county has also been a focus of modern Native American Gaming enterprises. In the early 1980s, the county government attempted to shut down small bingo halls operated by the Morongo Band of Cahuilla Mission Indians and the Cabazon Band of Mission Indians. The tribes joined forces and fought the county all the way to the U.S. Supreme Court, which ruled in the tribes' favor on February 25, 1987. In turn, Congress enacted the Indian Gaming Regulatory Act in 1988 to establish a legal framework for the relationship between Indian gaming and state governments. Naturally, both tribes now operate large casinos in the county: the Morongo Casino, Resort & Spa and the Fantasy Springs Resort Casino adjacent to Spotlight 29 Casino.

The county's population surpassed one million people in 1980 when the current trend of high population growth as a major real estate destination began in the 1970s. Once strictly a place for long distance commuters to L.A. and later Orange County, the county and city of Riverside has become more of a place to establish new or relocated offices, corporations and finance centers in the late 1990s and 2000s. More light industry, manufacturing and truck distribution centers became major regional employers in the county.[citation needed]

Geography

According to the U.S. Census Bureau, the county has a total area of 7,303 square miles (18,910 km2), of which 7,206 square miles (18,660 km2) is land and 97 square miles (250 km2) (1.3%) is water. It is the fourth-largest county in California by area. At roughly 180 miles (290 km) wide in the east-west dimension, the area of the county is massive. Riverside County, California is roughly the size of the State of New Jersey in total area. County government documents frequently cite the Colorado River town of Blythe as being a "three-hour drive" from the county seat, Riverside. Some view the areas west of San Gorgonio Pass as the Inland Empire portion of the county and the eastern part as either the Mojave Desert or Colorado Desert portion. There are probably at least three geomorphic provinces: the Inland Empire western portion, the Santa Rosa Mountains communities such as Reinhardt Canyon, and the desert region. Other possible subdivisions include tribal lands, the Colorado River communities, and the Salton Sea.

Flora and fauna

Yucca pines near Ryan Mountain Trail in Joshua Tree National Park

There is a diversity of flora and fauna within Riverside County. Vegetative plant associations feature many desert flora, but there are also forested areas within the county. The California endemic Blue oak, Quercus douglasii is at the southernmost part of it its range in Riverside County.

National protected areas

There are 19 official wilderness areas in Riverside County that are part of the National Wilderness Preservation System. Some are integral parts the above protected areas, most (11 of the 19) are managed solely by the Bureau of Land Management, and some share management between the BLM and the relevant other agencies. Some extend into neighboring counties:

State parks

County parks and trails

Demographics

2011

Places by population, race, and income

2010

Historical population
Census Pop.
1900 17,897
1910 34,696 93.9%
1920 50,297 45.0%
1930 81,024 61.1%
1940 105,524 30.2%
1950 170,046 61.1%
1960 306,191 80.1%
1970 459,074 49.9%
1980 663,166 44.5%
1990 1,170,413 76.5%
2000 1,545,387 32.0%
2010 2,189,641 41.7%
Est. 2015 2,361,026 7.8%
U.S. Decennial Census
1790–1960 1900–1990
1990–2000 2010–2015

The 2010 United States Census reported that Riverside County had a population of 2,189,641. The racial makeup of Riverside County was 1,335,147 (61.0%) White (40.7% Non-Hispanic White), 140,543 (6.4%) African American, 23,710 (1.1%) Native American, 130,468 (6.0%) Asian (2.3% Filipino, 0.8% Chinese, 0.7% Vietnamese, 0.6% Korean, 0.5% Indian, 0.2% Japanese, 0.1% Cambodian, 0.1% Laotian, 0.1% Pakistani), 6,874 (0.3%) Pacific Islander, 448,235 (20.5%) from other races, and 104,664 (4.8%) from two or more races. Hispanic or Latino of any race were 995,257 persons (45.5%); 39.5% of Riverside County is Mexican, 0.8% Salvadoran, 0.7% Honduran, 0.6% Puerto Rican, 0.3% Cuban, and 0.2% Nicaraguan.

2000

As of the census of 2000, there were 1,545,387 people, 506,218 households, and 372,576 families residing in the county. The population density was 214 people per square mile (83/km²). There were 584,674 housing units at an average density of 81 per square mile (31/km²). The racial makeup of the county was 65.6% White, 6.2% Black or African American, 1.2% Native American, 3.7% Asian, 0.3% Pacific Islander, 18.7% from other races, and 4.4% from two or more races. 36.2% of the population were Hispanic or Latino of any race. 9.2% were of German, 6.9% English, 6.1% Irish and 5.0% American ancestry according to Census 2000. 67.2% spoke English and 27.7% Spanish as their first language.

In 2006 the county had a population of 2,026,803, up 31.2% since 2000. In 2005 45.8% of the population was non-Hispanic whites. The percentages of African Americans, Asians and Native Americans remained relatively similar to their 2000 figures. The percentage of Pacific Islanders had majorly risen to 0.4. Hispanics now constituted 41% of the population.

There were 506,218 households out of which 38.90% had children under the age of 18 living with them, 56.5% were married couples living together, 12.0% had a female householder with no husband present, and 26.4% were non-families. 20.7% of all households were made up of individuals and 9.3% had someone living alone who was 65 years of age or older. The average household size was 3.0 and the average family size was 3.5.

In the county the population was spread out with 30.3% under the age of 18, 9.2% from 18 to 24, 28.9% from 25 to 44, 18.9% from 45 to 64, and 12.7% who were 65 years of age or older. The median age was 33 years. For every 100 females there were 99.1 males. For every 100 females age 18 and over, there were 96.8 males.

The median income for a household in the county was $42,887, and the median income for a family was $48,409. Males had a median income of $38,639 versus $28,032 for females. The per capita income for the county was $18,689. About 10.7% of families and 14.2% of the population were below the poverty line, including 18.5% of those under age 18 and 7.6% of those age 65 or over.

Law and government

Government

Riverside County is organized as a General Law County under the provision of the California Government Code. The county has five supervisorial districts, and one supervisor is elected from each district every four years.

A General Plan was prepared for the county by the firm of Earth Metrics in the year 1994; in 2003 the County Supervisors authorized updating the plan with respect to certain unincorporated areas.

Law

The Riverside Superior Court is the state trial court for Riverside County with 14 courthouses: Riverside Historic Courthouse, Riverside Hall of Justice, Riverside Family Law Court, Riverside Juvenile Court, Southwest Justice Center – Murrieta, Moreno Valley Court, Banning Court, Hemet Court, Corona Court, Temecula Court, Larson Justice Center – Indio, Indio Juvenile Court, Palm Springs Court and Blythe Court.

The main courthouse is the Riverside Historic Courthouse. This landmark, erected in 1903, was modeled after the Grand and Petit Palais in Paris, France. The courthouse, designed by Los Angeles architects Burnham and Bliesner, has a classical design – including a great hall that connects all the departments (courtrooms). In 1994, the courthouse was closed for seismic retrofits due to the 1992 Landers and 1994 Northridge earthquakes. The courthouse was reopened and rededicated in September 1998.

Riverside County hands down 1 in 6 death sentences in the USA, in spite of it having less than 1% of the population.

Politics

Voter registration

Cities by population and voter registration

Overview

Riverside County vote
by party in presidential elections
Year GOP DEM Others
2012 48.0% 318,127 49.6% 329,063 2.4% 15,926
2008 47.9% 310,041 50.2% 325,017 1.9% 12,241
2004 57.8% 322,473 41.0% 228,806 1.1% 6,300
2000 51.4% 231,955 44.9% 202,576 3.7% 16,596
1996 45.6% 178,611 43.1% 168,579 11.3% 44,423
1992 37.1% 159,457 38.6% 166,241 24.3% 104,577
1988 59.5% 199,979 39.6% 133,122 1.0% 3,247
1984 63.5% 182,324 35.5% 102,043 1.0% 2,835
1980 59.9% 145,642 31.5% 76,650 8.6% 20,986
1976 49.2% 97,774 48.5% 96,228 2.3% 4,556
1972 58.0% 108,120 38.4% 71,591 3.6% 6,693
1968 52.9% 83,414 38.8% 61,146 8.3% 13,110
1964 43.1% 61,165 56.8% 80,528 0.1% 95
1960 56.2% 65,855 43.4% 50,877 0.5% 544
1956 62.2% 56,766 37.3% 34,098 0.5% 465
1952 65.1% 51,692 33.9% 26,948 1.0% 788
1948 55.7% 32,209 40.3% 23,305 4.1% 2,350
1944 53.9% 23,168 45.3% 19,439 0.8% 346
1940 51.4% 21,779 47.2% 20,003 1.4% 598
1936 48.9% 16,674 49.9% 17,011 1.2% 422
1932 50.2% 14,112 45.4% 12,755 4.4% 1,245
1928 77.9% 17,600 21.1% 4,769 0.9% 212
1924 62.0% 9,619 8.5% 1,318 29.5% 4,579
1920 69.6% 9,124 21.3% 2,798 9.1% 1,196

Riverside has historically been regarded as a Republican county in presidential and congressional elections. In 1932, it was one of only two counties (the other being Benton County, Oregon) on the entire Pacific coast of the United States to vote for Hoover over Roosevelt. In 2008, Barack Obama narrowly carried the county, becoming the first Democrat to do so since Bill Clinton in 1992. In 2012, Obama again carried the county, this time with a plurality of the vote.

In the United States House of Representatives, Riverside County is split between 4 congressional districts:

In the California State Senate, the county is split between 3 legislative districts:

In the California State Assembly, the county is split between 7 legislative districts:

Riverside County voted 64.8% in favor of Proposition 8 which amended the California Constitution to ban same-sex marriages.[citation needed]

Crime

The following table includes the number of incidents reported and the rate per 1,000 persons for each type of offense.

Cities by population and crime rates

Education

Universities and colleges

The 161-foot, 48-bell, carillon tower at the University of California, Riverside.

Transportation

Major highways

Public transportation

Riverside County is also served by Greyhound buses. Amtrak trains stop in Riverside and Palm Springs, and Amtrak California provides bus connections to the San Joaquins in Riverside, Beaumont, Palm Springs, Thousand Palms, Indio, Moreno Valley, Perris, Sun City and Hemet. Metrolink trains serve five stations in Riverside County: Riverside-Downtown, Riverside-La Sierra, North Main-Corona, West Corona, and Pedley Station (in the community of Pedley, California). These trains provide service to Orange, San Bernardino and Los Angeles counties seven days a week, with a primarily commuter-oriented schedule.

In the late 2000s, local transportation options expanded, such as the addition of new railroad stations in Perris, California to connect travelers and commuters to or from southwest Riverside county, as well the Perris station serves the MetroLink mass transit train service in Corona, California.

Airports

Military air bases

Commercial airports

General aviation airports

Military installations

Points of interest

Communities

Cities

Riverside County
cities
Year
incorporated
Population,
2013
Median household income,
2006
Banning 1913 30,506 $41,268
Beaumont 1912 40,481 $39,553
Blythe 1916 19,832 $45,302
Calimesa 1990 8,173 $47,406
Canyon Lake 1990 10,911 $70,106
Cathedral City 1981 52,977 $50,654
Coachella 1946 43,092 $33,402
Corona 1896 159,503 $72,162
Desert Hot Springs 1963 27,902 $33,263
Eastvale 2010 55,191
Hemet 1910 81,750 $31,749
Indian Wells 1967 5,165 $120,074
Indio 1930 83,539 $45,143
Jurupa Valley 2011 98,030
Lake Elsinore 1888 57,525 $54,595
La Quinta 1982 39,331 $71,127
Menifee 2008 83,447
Moreno Valley 1984 201,175 $52,426
Murrieta 1991 107,479 $75,102
Norco 1964 26,966 $62,652
Palm Desert 1973 50,508 $61,789
Palm Springs 1938 46,281 $46,399
Perris 1911 72,326 $35,338
Rancho Mirage 1973 17,799 $78,434
Riverside 1883 316,619 $52,023
San Jacinto 1888 45,851 $39,235
Temecula 1989 106,780 $71,754
Wildomar 2008 33,620 $49,081

Unincorporated communities

Ghost towns

Indian reservations

Riverside County has 12 federally recognized Indian reservations, which ties it with Sandoval County, New Mexico for second most of any county in the United States. (Sandoval County, however, has two additional joint-use areas, shared between reservations. San Diego County, California has the most, with 18 reservations.)

Population ranking

The population ranking of the following table is based on the 2010 census of Riverside County.

county seat

Rank City/Town/etc. Municipal type Population (2010 Census)
1 Riverside City 303,871
2 Moreno Valley City 193,365
3 Corona City 152,374
4 Murrieta City 103,466
5 Temecula City 100,097
6 Hemet City 78,657
7 Menifee City 77,519
8 Indio City 76,036
9 Perris City 68,386
10 Eastvale City 53,668
11 Lake Elsinore City 51,821
12 Cathedral City City 51,200
13 Palm Desert City 48,445
14 Palm Springs City 44,552
15 San Jacinto City 44,199
16 Coachella City 40,704
17 La Quinta City 37,467
18 Beaumont City 36,877
19 Jurupa Valley City 34,280
20 Wildomar City 32,176
21 Banning City 29,603
22 Norco City 27,063
23 Desert Hot Springs City 25,938
24 Agua Caliente Indian Reservation AIAN 24,781
25 French Valley CDP 23,067
26 Temescal Valley CDP 22,535
27 Mira Loma (became part of Jurupa Valley]] in 2011) CDP 21,930
28 Blythe City 20,817
29 Glen Avon (became part of Jurupa Valley in 2011) CDP 20,199
30 Mead Valley CDP 18,510
31 East Hemet CDP 17,418
32 Rancho Mirage City 17,218
33 Valle Vista CDP 14,578
34 Woodcrest CDP 14,347
35 Pedley (became part of Jurupa Valley in 2011) CDP 12,672
36 El Sobrante CDP 12,669
37 Home Gardens CDP 11,570
38 Lakeland Village CDP 11,541
39 Canyon Lake City 10,561
40 Good Hope CDP 9,192
41 Mecca CDP 8,577
42 Calimesa City 7,879
43 Thousand Palms CDP 7,715
44 Garnet CDP 7,543
45 Bermuda Dunes CDP 7,282
46 Desert Palms CDP 6,957
47 Oasis CDP 6,890
48 Nuevo CDP 6,447
49 Cherry Valley CDP 6,362
50 Homeland CDP 5,969
51 Lake Mathews CDP 5,890
52 Torres-Martinez Reservation AIAN 5,594
53 Sunnyslope CDP 5,153
54 El Cerrito CDP 5,100
55 Indian Wells City 4,958
56 Highgrove CDP 3,988
57 Idyllwild-Pine Cove CDP 3,874
58 Desert Edge CDP 3,822
59 North Shore CDP 3,477
60 Meadowbrook CDP 3,185
61 Anza CDP 3,014
62 Vista Santa Rosa CDP 2,926
63 Thermal CDP 2,865
64 Warm Springs CDP 2,676
65 Coronita CDP 2,608
66 Cabazon CDP 2,535
67 Winchester CDP 2,534
68 Sky Valley CDP 2,406
69 Lakeview CDP 2,104
70 Green Acres CDP 1,805
71 Colorado River Indian Reservation AIAN 1,687
72 Romoland CDP 1,684
73 Lake Riverside CDP 1,173
74 March ARB CDP 1,159
75 Aguanga CDP 1,128
76 Mesa Verde CDP 1,023
77 Indio Hills CDP 972
78 Morongo Reservation AIAN 913
79 Whitewater CDP 859
80 Cabazon Reservation AIAN 835
81 Ripley CDP 692
82 Soboba Reservation AIAN 482
83 Crestmore Heights CDP 384
84 Pechanga Reservation AIAN 346
85 Desert Center CDP 204
86 Cahuilla Reservation AIAN 187
87 Santa Rosa Reservation AIAN 71
88 Mountain Center CDP 63
89 Romona Village AIAN 13
90 Twenty-Nine Reservation AIAN 12
91 Agustine Reservation AIAN 0

See also

Notes

  1. ^ Other = Some other race + Two or more races
  2. ^ Native American = Native Hawaiian or other Pacific Islander + American Indian or Alaska Native
  3. ^ a b Percentage of registered voters with respect to total population. Percentages of party members with respect to registered voters follow.
  4. ^ Population for this city obtained by summing the populations of Glen Avon, Mira Loma, Pedley, Rubidoux and Sunnyslope; see Jurupa Valley
  5. ^ Only larceny-theft cases involving property over $400 in value are reported as property crimes.

References

  1. ^ "Board of Supervisors". County of Riverside, California. Retrieved March 8, 2015. 
  2. ^ "San Jacinto Peak". Peakbagger.com. Retrieved February 8, 2015. 
  3. ^ a b c d "State & County QuickFacts". United States Census Bureau. Retrieved April 6, 2016. 
  4. ^ "Find a County". National Association of Counties. Retrieved 2011-06-07. 
  5. ^ http://la.curbed.com/2014/2/6/10146308/why-are-people-fleeing-los-angeles-for-san-bernardino
  6. ^ Native American Indian Resources web site; Federally Recognized California Tribes.
  7. ^ a b Fitch, pages v–viii.
  8. ^ California v. Cabazon Band, 480 U.S. 202 (1987).
  9. ^ "2010 Census Gazetteer Files". United States Census Bureau. August 22, 2012. Retrieved October 3, 2015. 
  10. ^ C. Michael Hogan. 2008 Blue Oak: Quercus douglasii, GlobalTwitcher.com, ed. N. Stromberg
  11. ^ a b c d e f g h i j k l m n o p q U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B02001. American FactFinder. Retrieved 2013-10-26.
  12. ^ a b U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B03003. American FactFinder. Retrieved 2013-10-26.
  13. ^ a b U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B19301. American FactFinder. Retrieved 2013-10-21.
  14. ^ a b U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B19013. American FactFinder. Retrieved 2013-10-21.
  15. ^ a b U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B19113. American FactFinder. Retrieved 2013-10-21.
  16. ^ a b U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates. American FactFinder. Retrieved 2013-10-21.
  17. ^ U.S. Census Bureau. American Community Survey, 2011 American Community Survey 5-Year Estimates, Table B01003. American FactFinder. Retrieved 2013-10-21.
  18. ^ Data unavailable
  19. ^ "County Totals Dataset: Population, Population Change and Estimated Components of Population Change: April 1, 2010 to July 1, 2015". Retrieved July 2, 2016. 
  20. ^ "U.S. Decennial Census". United States Census Bureau. Retrieved October 3, 2015. 
  21. ^ "Historical Census Browser". University of Virginia Library. Retrieved October 3, 2015. 
  22. ^ Forstall, Richard L., ed. (March 27, 1995). "Population of Counties by Decennial Census: 1900 to 1990". United States Census Bureau. Retrieved October 3, 2015. 
  23. ^ "Census 2000 PHC-T-4. Ranking Tables for Counties: 1990 and 2000" (PDF). United States Census Bureau. April 2, 2001. Retrieved October 3, 2015. 
  24. ^ "2010 Census P.L. 94-171 Summary File Data". United States Census Bureau. 
  25. ^ "American FactFinder". United States Census Bureau. Retrieved 2011-05-14. 
  26. ^ Fitch, page 1.
  27. ^ General Plan for Riverside County, Earth Metrics Inc., Burlingame, Ca. (1994)
  28. ^ Locations
  29. ^ Rededication of the Historic Riverside County Courthouse
  30. ^ California Courts – Main Courthouse
  31. ^ Barford, Vanessa. "Why is one county handing down one in six US death sentences?". BBC News. BBC. Retrieved 25 December 2015. 
  32. ^ a b c d e f g h i j k l m n o p q California Secretary of State. February 10, 2013 - Report of Registration. Retrieved 2013-10-31.
  33. ^ 1932 Presidential Election County Map Photo by rarohla | Photobucket. Media.photobucket.com. Retrieved on 2013-07-29.
  34. ^ "Counties by County and by District". California Citizens Redistricting Commission. Retrieved September 24, 2014. 
  35. ^ "Communities of Interest - Counties". California Citizens Redistricting Commission. Retrieved September 24, 2014. 
  36. ^ "Communities of Interest - Counties". California Citizens Redistricting Commission. Retrieved September 24, 2014. 
  37. ^ a b c d e f g h i j Office of the Attorney General, Department of Justice, State of California. Table 11: Crimes – 2009. Retrieved 2013-11-14.
  38. ^ a b c United States Department of Justice, Federal Bureau of Investigation. Crime in the United States, 2012, Table 8 (California). Retrieved 2013-11-14.
  39. ^ About Brandman University
  40. ^ California Baptist Univ. About
  41. ^ California Southern Law School
  42. ^ CSUSB Palm Desert Campus
  43. ^ CSUSM Temecula Satellite Campus
  44. ^ About College of the Desert
  45. ^ La Sierra University
  46. ^ Mayfield College
  47. ^ Mt. San Jacinto College
  48. ^ Palo Verde College
  49. ^ Riverside Community College District
  50. ^ Santa Barbara Business College
  51. ^ University of California, Riverside
  52. ^ University of Phoenix locations
  53. ^ Pages - Project Details. Compassblueprint.org. Retrieved on 2013-07-29.
  54. ^ U.S. Geological Survey Geographic Names Information System: Shaver's Summit Army Air Field (historical)
  55. ^ U.S. Geological Survey Geographic Names Information System: Naval Air Facility Thermal (historical)
  56. ^ "Rural Studio is Scientology Headquarters." San Jose Mercury News. August 13, 1991. 6B California News. Retrieved on October 21, 2009.(subscription required)
  57. ^ Kelly, David. "Scientology foes blast new Riverside County law." Los Angeles Times. January 10, 2009. 1. Retrieved on October 21, 2009.
  58. ^ a b Husing, John (October 2007). "Inland Empire City Profile 2007" (PDF). Inland Empire Quarterly Economic Report (Redlands: Economics & Politics, Inc) 19 (4). Retrieved 2007-12-01. 
  59. ^ http://www.census.gov/2010census/
  60. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=0020
  61. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=4255
  62. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=0735
  63. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=2360
  64. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=0415
  65. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=3870
  66. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=2745
  67. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=0435
  68. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=3525
  69. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=3070
  70. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=4375
  71. ^ http://www.census.gov/2010census/popmap/ipmtext.php?fl=0125

Bibliography

Further reading

External links

 

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