SD FINANCE

Bank of Southern California Names COO

San Diego-based Bank of Southern California named executive VP and chief banking officer Tony DiVita chief operating officer on April 15. DiVita’s appointment to COO follows the appointment of Gaylin Anderson to chief banking officer on April 8.

Kilroy’s Little Italy Building to Be Shining Example of Sustainability

A six-story office structure that Kilroy Realty is about to start building in Little Italy will be a showcase of what company officials said is an aggressive drive to use the latest materials, design and technology to create environmentally sustainable projects.

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The Sales Signs: Residential Brokers Find Reason for Optimism, at Least, in Near-Term Prospects

Home sales are picking up in San Diego County following an especially weak market toward the end of 2018 and early 2019, according to several real estate brokers.

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Biotech Startup Cullgen Raises $16M Series A

San Diego biotech startup Cullgen raised $16 million from Sequoia Capital China and Highlight Capital.

Turning Point Therapeutics Lays Out Terms for $125M IPO

Turning Point Therapeutics — which is developing drugs for treatment-resistant cancers — set terms for an initial public offering.

Real Estate Firm Sees 2018 Momentum Rolling Into 2019

San Diego commercial real estate sales in 2018 were especially robust, according to the commercial real estate firm JLL.

OH! San Diego Helps Us All Share S.D.’s Architectural Treasures

The San Diego Architectural Foundation announced that more than 200 attendees, volunteers, and donors joined to kick off the 4th annual OH! San Diego (Open House San Diego) with a Polynesian-themed launch party at Bali Hai Restaurant on Shelter Island in Point Loma.

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RBCF Puts Out the Call for Community Building Programs

The Rancho Bernardo Community Foundation, or RBCF, an affiliate of The San Diego Foundation, announced its annual call for grant applications.

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Private Equity Firm Closes Acquisition of Kyriba with $160M Investment

Bridgepoint Capital acquired a majority stake in San Diego software company Kyriba.

Builder Completes $15.9M Fine Arts Center

A 1970’s-era Mesa College building that was once used for science classes and administrative offices has been transformed into fine arts center in a $15.9 million project completed by C.W. Driver Cos.

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EDs Deal With Shortfalls In Mental Health Care

MEDICINE: Local Hospitals Try To Mitigate Stresses on System

An emergency department director with UC San Diego Health, Dr. Gary Vilke keeps a close eye on trends. One that leaps out: more patients in the throes of a mental health crisis.

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Sempra Subsidiary Receives $3M Innovation Grant

Sempra Energy subsidiary SoCalGas has received a grant from the California Energy Commission to advance its research in renewable energy extraction.

San Diego Address Is Right Fit for Prefabricated Luxury Home Builder

A Northern California startup will make San Diego its new home. Dvele, which makes prefabricated luxury homes, is moving its executive team to its new offices in Bird Rock.

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WD-40 Posts Q2 Gains in Earnings and Sales

Scripps Ranch lubricant and cleaning product manufacturer WD-40 Corp. announced diluted earnings per share of $1.14 when it released its Q2 2019 results this week. In the same quarter one year ago, the company reported diluted earnings per share of $1.05.

CHW Closes Deal for National City Towers, Plans Renovations

A pair of side-by-side National City residential towers that provide affordable apartments for low-income seniors will get a complete makeover by their new owner — Community Housing Works.

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