SD BUSINESS JOURNAL DAILY ENEWS

Pacific Beach Apartments Sold for $4M

A 10-unit Pacific Beach apartment complex has been sold for $4 million.

Tease photo

Section 32 Adds A Key Player to its Roster

The venture capital firm in San Diego that was launched earlier this year by former Google Ventures CEO Bill Maris has added a big name in health care.

Adamis Applying for Approval of Product that Treats Opioid Overdose

the pharmaceuticals company has submitted an application to the U.S. Food and Drug Administration seeking to begin human testing of a drug and product combo for treating opioid overdoses.

Broadcom Puts Up Candidates for Qualcomm Board, Setting Up Showdown

The debate over the future of Qualcomm Inc. turned into a power struggle on Dec. 4, when Broadcom Ltd. nominated candidates for all 11 seats on Qualcomm’s board of directors.

Tease photo

CUSO, Sorrento Pacific Acquired by Private-Equity-Backed New York Co.

San Diego-based broker dealers CUSO Financial Services LP (CFS) and Sorrento Pacific Financial LLC (SPF) have been acquired by Atria Wealth Solutions, a holding company in New York.

Classy has Banner Giving Tuesday Fundraising

The San Diego software startup, an online fundraising platform for nonprofit organizations and social ventures, reported a record Giving Tuesday on its platform.

Investors Win Class-Action Status in SeaWorld Lawsuit

Investors who sued SeaWorld Entertainment for misleading on the impact of the documentary “Blackfish” have been granted class-action status.

New York Co. Acquires Coastal Salt & Soul

San Diego-based company, which makes ocean-inspired body care products, has been acquired by Beauty Partners LLC.

Mission Gorge Shopping Plaza Sold for $10.1M

The Riverdale Shopping Center in Mission Gorge has been sold for $10.1 million.

Tease photo

Human Longevity CEO Makes Quick Exit; Venter Back in Top Spot

Human Longevity Inc. CEO Cynthia Collins is out after less than a year in the top spot at the San Diego-based genomics company.

USD Receives $20M Gift to Support New Business School Home

Don Knauss, chairman of the University of San Diego Board of Directors, and his wife, Ellie Knauss, are donating $20 million to the university to launch the planning and construction of a new $67 million home for its business school.

Tease photo

Pentagon Exercises Option Adding $20.9M to Viasat Deal

The Pentagon bought six months of satellite communication services from Viasat, exercising a $20.9 million option to an existing services contract.

The Business Calendar for Week of Dec. 4, 2017

Some of the business events planned in the county for the week of December 4, 2017, and beyond.

State Attorney General Files a Lawsuit Against Bridgepoint Education

California is suing for-profit Ashford University and its parent company, San Diego-based Bridgepoint Education, alleging false promises to persuade students to enroll in the online school.

Vista-Based TetraVue Receives Additional Funding Backing Its 4D, High Resolution Cameras

Vista-based company TetraVue, a developer of high-definition 4D LIDAR technology, said it has received additional funding to accelerate the commercialization of its long range, high-resolution 4D camera.

R.A. Burch Construction Gets $22.5M Navy Deal

The U.S. Navy awarded R.A. Burch Construction Co. Inc. a $22.5 million task order for demolition, repair and renovation of buildings at Marine Corps Air Ground Combat Center at Twentynine Palms.

Sommetrics Adds to Board of Directors, Advisory Board

Sommetrics has added Raymond Huggenberger to its board of directors and Randall Whitfield to its advisory board.

Escondido Commercial Building Sells for $1.6M

The Escondido building that is home to About Service, Inc. has been sold for $1.6 million.

Tease photo

DiegoDev Invests in DonationMatch

Del Mar-based web development agency DiegoDev Group LLC recently announced it invested in Sorrento Valley-based DonationMatch Inc.

Patterson + Sheridan LLP Opening Office in San Diego

Intellectual property law firm Patterson + Sheridan LLP plans to open its sixth U.S. office in San Diego.