San Diego Business Journal

SD FINANCE

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

San Diego Architecture Firms AVRP, Skyport Studio Merge

San Diego architecture and design firms AVRP Studios and Skyport Studio announced that they have merged, with the combined company now called AVRP Skyport Studios.

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Wendy Wong Named Guild Mortgage's First Chief Marketing Officer

Independent mortgage lender Guild Mortgage Company said Wednesday it has hired Wendy Wong as its first chief marketing officer and senior vice president.

Business Confidence Hits 3-Year Low in Chamber Survey

Optimism among San Diego County employers hit a three-year low in August as a number of companies participating in a local survey indicated they would offer employees fewer work hours as summer ends, according to a forecast released Sept. 20 by the San Diego Regional Chamber of Commerce.

North Island Credit Union Formally Opens New Branch

North Island Credit Union is slated to debut its new full-service branch Tuesday in the Mr. A's building in Bankers Hill.

County's Unemployment Rate for August Is 5%

Despite a net loss of 1,300 jobs, San Diego County’s jobless rate improved in August to a seasonally unadjusted 5 percent as gains in real estate, trade, transportation and warehouse helped make up for losses construction manufacturing and hospitality.

DeskHub Expands Its Coworking Space in Little Italy

Coworking space DeskHub on Sept. 16 expanded its San Diego location in Little Italy by roughly 50 percent, opening 8,000 square feet of new office space.

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Owner of Senior Housing Community Obtains $24.9M Refinancing

San Diego-headquartered The Grant Cos. has obtained $24.9 million in refinancing for The Pointe at Lantern Crest

New York Company Acquires SMI Pensions

Independent consulting firm Economic Group Pension Services on Sept. 15 announced it has acquired San Diego-based SMI Pensions, which designs and administers retirement plans.

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Summer Program Engages Students’ Interests and Ambitions

More than 30 children recently toured the San Diego Police Department’s Mid-City Division as part of United Way of San Diego County and City Heights Partnership for Children’s “Readers in the Heights” summer pilot program.

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Innovation Impact Report

Plenty of ink has been devoted to San Diego’s maturing startup scene, but it’s sometimes hard to differentiate between truth and hype.

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S.D. Success Stories Show Way to Funding

FINANCE: You Need to Know How to Pursue VC

San Diego’s entrepreneurs shouldn’t feel pressured to book their one-way tickets to the San Francisco Bay Area to get venture backing. “We think there are great deals outside of the Bay Area,” said Peter Solvik, partner with Jackson Square Ventures, a San Francisco-based firm previously called Sigma West.

County Employers Expect Moderate Job Growth in Q4

San Diego County employers plan moderate hiring overall in the fourth quarter to about the same pace they were expecting for the final three months of 2015, according to the latest results of the Manpower Employment Outlook Survey.

Sempra Declares Dividend

Sempra Energy’s Board of Directors has declared a dividend of 75 ½ cents per share of common stock, payable Oct. 15. The dividend announced Sept. 9 is payable to shareholders of record on Sept. 29.

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Realty Income Corp. Raises Common Stock Monthly Dividend

San Diego-based Realty Income Corp. announced that it has increased its common stock monthly cash dividend for the 88th time since the company went public in 1994.

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Sycuan Casino Helps Operation Bigs on Its Mission to Mentor

Sycuan Casino presented a $50,000 donation to Big Brothers Big Sisters of San Diego County before a John Ondrasik charity concert. Ondrasik is the front man for the band Five for Fighting and performed a solo acoustic set. The funds will benefit the charity’s Operation Bigs program which joins children who are military dependents to volunteer “Bigs” who are in the military, retired or civilian.