RIVERSIDE: Norris Group event raises $75,000 for charity
RIVERSIDE: Norris Group event raises ,000 for charity
Amina tells her story in this YouTube video of Amina’s Cafe, a surprise venture Make-a-Wish of Orange County and the Inland Empire whipped up for her to realize a dream to become a famous chef. The video helped set the stage for I Survived Real Estate 2015, a charity event put on annually by The Norris Group of Riverside.
COURTESY OF NORRIS GROUP , COURTESY OF NORRIS GROUP
The Norris Group of Riverside held its annual fundraiser, I Survived Real Estate 2015, to recap the year, raise money for charity and scan the horizon for industry trends in the years ahead.
Aaron Norris, vice president and marketing director of The Norris Group, said more than 400 people in the real estate and mortgage profession attended the Oct. 16 black-tie gala in the East Room of the Richard Nixon Presidential Library and Museum in Yorba Linda.
The event raised more than $ 75,000 for Make-A-Wish in Orange County/Inland Empire and St. Jude Children’s Research Hospital, Norris said.
Total dollars pledged for charity services since 2008 when the annual I Survived event began now surpasses $ 600,000, Norris said.
The event was moderated by Bruce Norris, founder of The Norris Group founder Bruce Norris. Panelists were Doug Duncan, chief economist for Fannie Mae; David Kittle, senior vice president, Federal Solutions; Leslie Appleton-Young, chief economist for the California Association of Realtors; Eileen Reynolds, chair of the California Building Industry Association; and Sean O’Toole, president of PropertyRadar.
The Norris Group provides education and real estate investment strategies to investors. It hosts education seminars and is a hard money lender, funding more than $ 250 million to investors since 1997.
The Inland Empire quarterly economic report, released last week, took a look at data on new and existing home sales and median prices. It also tracks assessed valuation, and shows that improving home values is going to help municipalities turnaround.
On July 1, the report says San Bernardino County’s valuation was $ 186.9 billion, up 5.1 percent. Riverside County’s was $ 235 billion, up 5.9 percent. At those levels, both counties exceeded the 2008 record level for assessed valuation of homes, businesses and industry.
All but one of 52 cities — Needles — saw their assessed valuation rise in fiscal year 2014.
In 2015, the top five cities leading growth were: Riverside, $ 25.4 billion; Rancho Cucamonga, $ 22.7 billion; Ontario, $ 21 billion; Corona, $ 17.9 billion; Fontana, $ 16 billion. Though San Bernardino is second in population and has an industrial base, low home values in the county put its valuation, $ 11.9 billion, in the No. 10 spot.
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