San Diego Business Journal


Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

CEO Confidence Edges Up But Remains Below Last Year, Vistage Survey Finds

CEOs of small and medium-sized businesses are feeling more confident about the economy and their companies, according to the third quarter 2016 Vistage CEO Confidence Index Survey.

Parking-Focused Investment Trusts Obtain $30M Credit Facility

San Diego-headquartered MVP REIT Inc. and MVP REIT II Inc. have entered into a credit agreement with KeyBank National Association for a $30 million revolving credit facility, with expansion options to increase the amount up to $100 million.

Local Biotech Kurin Inc. Raises $2.3 Million in Equity Funding

Local biotech Kurin Inc. has reported raising $2.3 million in an equity offering launched Sept. 23.

Credit Union Leasing of America Surpasses 100,000 Leases

San Diego-based Credit Union Leasing of America said Wednesday it had broken an industry record by originating more than 100,000 leases.

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Realty Income Announces $600M Senior Note Offering

Realty Income Corp. has commenced a $600 million offering of senior unsecured notes, expected to close on Oct. 12, the San Diego-based company announced.

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Family’s Generous Role in Supporting Scripps Honored at Event

The 48th annual Scripps Clinic Golf Invitational and Special Celebration honoring local philanthropists Eileen and John “Jack” Anderson IV raised more than $1.2 million.

$60 Billion Tailwind

Startups Look to Enter Lucrative Pet Market By Serving Pet Parents and Their ‘Best Friends’

We’d like to introduce you to four startups. They don’t dabble in drug development, drones or dark matter. Their passion is a bit more, furry, you could say. Think dogs and cats.

Chargers Study: New Facility Would Generate $400M Annually

A presentation on Tuesday of a San Diego Chargers-funded economic impact study contends that the $1.8 billion stadium with convention facilities will create nearly $400 million in annual regional economic impact.

Accion Receives $1 Million Federal Grant

San Diego-based nonprofit microlender Accion has been awarded a $1 million grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund – the largest grant in the organization's 22-year history.

CDC Small Business Finance to Receive Grant From MUFG Union Bank Foundation

CDC Small Business Finance, the San Diego-based not-for-profit lender, has received a $150,000 grant from the MUFG Union Bank Foundation to provide advising services to small businesses.

California Association of Realtors Offers Predictions for 2017 Housing Market

Despite a shortage of homes for sale and mounting affordability concerns, California’s housing market will rebound slightly from 2016’s dip in sales activity to post a nominal increase in volume next year, the California Association of Realtors predicted in a report issued Sept. 29.

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VC Podcast Has Local Focus

Neal Bloom, an organizer of San Diego Startup Week (and the guy who knows everybody in S.D.’s local tech sector), has launched a new podcast for entrepreneurs and investors.

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Know the Rules of The VC Funding Road

Terry Moore is one of the few venture capitalists in San Diego who’s stuck around for the region’s ups and downs. Now, as the region is primed for an uptick in startup activity, he’s upping his fund by tens of millions of dollars.

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Financial Executives Make Successful Fundraising Drives

San Diego-based USE Credit Union executives Jim Harris, Ken Kramer, Matt Adams and Josh Lawrence came in second at the Richard Myles Johnson Foundation/CUNA Mutual Golf Tournament held recently in Newport Beach.

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Acquisition Gives PR Firm Stronger Footing in Fintech

FINANCE: KCD Public Relations Inc. Sees Growing Client Base as Disruptors Target Market

A Little Italy-based public relations firm has acquired a fintech-focused PR company as part of its shift toward working with more tech startups.