San Diego Business Journal


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

New Bank Backers Eying Business Growth

FINANCE: More Cos. in S.D. Create Need for More Banking

Southern California appears to be ground zero for interest in new, or de novo, community banks, and a group of San Diegans could be next to tread the path few have dared since the financial crisis.

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It’s Business’s Big Word; What Does it Mean?

COMPANIES: ‘Startup’ Label Can Be Tricky to Define

The word “startup” may not mean what you think it means. The label has boomed in popularity over the past decade, evolving from a buzzword during the dotcom era to the fuzzword it is today.

Survey of CFOs Finds Majority Plan to Fill Vacancies

Fifteen percent of chief financial officers in San Diego who responded to a recent employment survey said they plan to hire full-time, professional-level workers for new roles in the next six months.

CardioCell LLC Retains Objective Capital Partners

San Diego biotech CardioCell LLC has retained Objective Capital Partners, an investment bank and mergers and acquisitions advisory firm, to help the company “manage growth,” the company said in a statement.

Workforce Partnership Gets $400,000 Grant for Retail Worker Training

The San Diego Workforce Partnership has been selected to receive a $400,000 grant from the Chicago Cook Workforce Partnership, as part of a nationwide effort to increase economic mobility for workers in retail and related sectors.

Domain Associates Invests in Medical Device Co.

An Orange County-based medical device company announced Tuesday it had secured $40 million in Series E financing from investors, including San Diego-based venture capital firm Domain Associates.