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Manchester Sells Majority Stake in Grand Del Mar

TOURISM: The 88% Share Being Bought Is Valued at $230 MillionPrivate equity firm Blum Capital and the parent of Fairmont Hotels & Resorts are acquiring a majority stake in Carmel Valley’s Grand Del Mar resort for a reported $230 million.

By Lou Hirsh April 3, 2015 1:46 p.m.   $$ Share

MiraCosta College Celebrates Its Official Open House for Technology Career Institute

MiraCosta College is set to celebrate the official open house of its Technology Career Institute facility at 2075 Las Palmas Drive in Carlsbad.

Bill Simon Adds Finance Arrow to His Sizable Quiver

Bill Simon is an attorney who has always looked to provide clients with more than billable time.

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Hyatt Regency La Jolla Being Sold for $118 Million

Strategic Hotels & Resorts Inc. is selling the 417-room Hyatt Regency La Jolla for $118 million, the Chicago-based company announced.

SDSU Students Win Real Estate Design Competition

Six San Diego State University students snagged a top prize for their plans to build a movie theatre and parking structure on a 13-acre property in Encanto Hills, the school said Tuesday, part of a citywide competition to come up with the best ideas for how to develop the hilly land and still turn a profit.

Cleaning Services Company Began With a ‘Leap of Faith’

SERVICE: Financial Professional Used Old and New Skills for Enterprise

When the recession struck in 2008, financial professional Kirk Bolduc didn’t allow economic uncertainty to prevent him from starting a new janitorial company.

USD Launches Online Master’s Degree In Law Enforcement And Public Safety Leadership

The University of San Diego has launched an online program for people interested in earning a master’s degree in law enforcement and public safety leadership.

Maxwell Technologies Plans to Sell $10 Million of Stock in Follow-On Offering

Maxwell Technologies Inc., a maker of heavy-duty capacitors for the transportation industry, said on April 23 that it planned to sell $10 million of stock in a follow-on offering.

DOJ Clears The Pasha Group’s Acquisition of Horizon’s Hawaii Business

The U.S. Department of Justice has cleared The Pasha Group’s acquisition of the Hawaii trade-lane business of Horizon Lines Inc., Pasha Group said.

PriceSmart Acquires Land for Second Warehouse Club in Nicaragua

San Diego-based PriceSmart Inc. announced that it acquired approximately 288,580 square feet of land in Managua, Nicaragua, upon which the company plans to construct a new warehouse club.

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Hilton Carlsbad Oceanfront Resort Rebranded as Cape Rey

Hilton Carlsbad Oceanfront Resort & Spa is being rebranded and will officially operate as Cape Rey as of April 30.

Attorney’s Career Accomplishments, Community Role Applauded

Richard A. Shaw, a partner at Higgs Fletcher & Mack, has been awarded the San Diego County Bar Association’s 2015 “Outstanding Attorney of the Year” Service Award. A nationally recognized lawyer in taxation, corporate and estate planning, Shaw was selected as an exemplary attorney for his contributions to the legal profession and service to the San Diego community.

Guild Mortgage Names David Battany EVP of Capital Markets

Guild Mortgage Co., a San Diego private mortgage bank, has named David Battany as its new executive vice president of capital markets.

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Tim Van Linge Named CFO at WestAir Gasses and Equipment

San Diego-based WestAir Gasses and Equipment Inc., an independent distributor of gases and equipment in the Southwest, announced the appointment of Tim Van Linge as chief financial officer.

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McDonald’s to Test All-Day Breakfast in San Diego County

McDonald’s Corp. on April 20 will begin a test of all-day breakfast item sales at 94 of its 110 San Diego County restaurants.

SDSU Business School Team Takes First Prize in Competition

A three-man team representing the College of Business Administration at San Diego State University took first prize in the Richard Barrentine Values and Ventures Business Plan Competition held earlier this month at Texas Christian University.