SD BUSINESS JOURNAL DAILY ENEWS
Guild Mortgage Co. on Wednesday reported record loan volume of $13.8 billion for 2015, almost double the $7.4 billion from the year before and exceeding internal expectations by nearly $2 billion.
A dispute between South Korea-based LG Electronics Inc. and San Diego’s Qualcomm Inc. is delaying $100 million of royalty revenue coming into Qualcomm, company officials said during an investor conference call Jan. 27.
The U.S. Navy celebrated completion of a 100,000-square-foot helicopter maintenance facility at Naval Air Station North Island on Jan. 21. RQ Construction was the prime contractor.
The San Diego-based Center for Sustainable Energy (CSE) is absorbing a local research and policy nonprofit called Equinox Center.
Local beer microbrewer Pure Project plans a Jan. 30 opening, as the first tenant to debut at property owner H.G. Fenton Co.’s Brewery Igniter incubator facility in Miramar.
Developers remain confident that demand for California and San Diego County commercial real estate will remain strong through 2018, spurring opportunities for new construction and investment, according to the latest twice-yearly survey by the law firm Allen Matkins and UCLA Anderson Forecast.
Tower Paddle Boards, a Pacific Beach-based manufacturer, will appear on an episode of ABC’s “Beyond the Shark Tank” on Thursday, Jan. 28, showcasing its growth since billionaire Mark Cuban bought nearly a third of the company in 2012.
Taiwanese billionaire Samuel Yin has given $12.8 million to The Scripps Research Institute (TSRI) to help build a major laboratory complex.
The Perla Del Caribe, the newest vessel to come out of the General Dynamics NASSCO shipyard, left San Diego on Jan. 26 for the Panama Canal and Jacksonville, Fla.
Vicky Carlson announced on Jan. 25 that she plans to step down from the CEO’s job at LEAD San Diego in May.
Nominations for the San Diego Business Journal’s “2016 CFO of the Year Award” have been extended to Monday, Feb. 8.
San Diego-based KD Development Inc. has acquired an Oceanside land parcel for $2.25 million, with plans to develop multi-level, for-sale townhomes, according to brokerage company Lee & Associates.
San Diego added 5,800 construction jobs from December 2014 to December 2015, a 9 percent change, according to a U.S. Labor Department data analysis released Jan. 26 by the Associated General Contractors of America.
Illumina Inc. is acquiring Conexio Genomics, an Australian firm that specializes in tissue typing used to match patients and donors for bone marrow or cord blood transplants.
Ekman Family Trust of San Diego has purchased an 18-unit apartment property in the city’s Logan Heights neighborhood for approximately $3 million, according to brokerage company Apartment Consultants Inc., also known as ACI.
UC San Diego Health system has chosen Nashville-based e+CancerCare to operate its Chula Vista radiation oncology facility.
Operators of The Lodge at Torrey Pines plan a $2.5 million renovation of the luxury resort’s casual restaurant The Grill, located adjacent to the city-owned Torrey Pines Golf Course.
San Diego’s home prices increased 6 percent in the year ending in November, according to an index measuring housing prices, tied with Tampa as the eighth-fastest growing market.
The head of Qualcomm’s venture capital arm has apparently left to join Microsoft’s venture capital operation.
Portland-based Umpqua Bank on Monday said it was expanding its commercial banking services in San Diego with the hire of two former California Bank & Trust executives, on the heels of installing CB&T’s San Diego leader as its new head of commercial banking.