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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

Former Qualcomm Exec Sentenced to 18 Months and Fined for Insider Trading, Obstruction of Justice

A federal judge sentenced a former Qualcomm Inc. executive to 18 months in prison and fined him $500,000 for acting on insider information to profit from stock trades and then trying to cover up the incidents.

Company Ensures Protection From Possible Liabilities

INSURANCE: Verifying COIs and Knowing Limits Of Policies Are Musts

Whenever entities work with vendors, suppliers, or tenants, especially in the public sector, it’s important to make sure they are doing business with people who are properly insured.

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Nicolas Serieys Named VP at ALTA Environmental

Consulting firm ALTA Environmental named a new vice president on Thursday, promoting its former director of environmental health and safety.

EDF Renewable Energy Continues Its Acquisitions of Texas Wind Projects

San Diego-based EDF Renewable Energy announced the acquisition of the Salt Fork Wind Project from Cielo Wind Power LP.

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Mixed-Use Project with Ritz Carlton Proposed for East Village

Cisterra Development of San Diego has proposed an East Village mixed-use project that would include 205 residential units and a 160-room, five-star Ritz Carlton hotel, according to Civic San Diego.

UC San Diego Extension Partners With Sycuan, Viejas

The University of California, San Diego Extension announced a partnership with both the Sycuan Education Department and the Viejas Tribal Education Center to provide college preparatory programs as part of a larger effort to boost college enrollment among young adults in underrepresented communities.

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Local Hospitality Developer Opens New Hotel in Atascadero

San Diego-based investment and development firm J Street Hospitality Inc. recently opened a new 130-suite SpringHill Suites by Marriott hotel in Atascadero, near Paso Robles, the company announced. The development cost was not disclosed.

USD's Engineering School Gets $2 Million Grant to Promote Diversity, Bring Cultural Change to Department

The Shiley-Marcos School of Engineering at the University of San Diego has been awarded a $2 million grant to revolutionize engineering education, USD said.

SDSU, USD Partner on Program Focused on Life Sciences Industry

San Diego State University College of Sciences and the University of San Diego School of Law are partnering on a new program that prepares students for upward career mobility in the growing life sciences industry.

Carlsbad-Based Elevator Acquires Copper Blue Creative

Digital brand agency Elevator has picked up creative design company Copper Blue Creative, Elevator said Monday, in a deal that combines two Carlsbad-based firms.

Sempra Energy to Pursue Formation of Sempra Partners LP

Sempra Energy announced that its board of directors has authorized the company to pursue the formation and initial public offering of a publicly traded partnership to be called Sempra Partners LP, expected to be listed on the New York Stock Exchange under the ticker symbol “SREP.”

Sempra Energy Declares Quarterly Dividend

The board of directors of Sempra Energy declared a quarterly dividend of $0.70 per share of common stock, the company said.

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Anthony’s Teams Up With Partner to Pursue a New Lease

DINING: It Offers $9.5M Renovation Plan For Bay-Front Location

Port of San Diego officials say a revised $9.5 million renovation plan for the iconic Anthony’s Fish Grotto makes it a strong contender to remain in the downtown San Diego waterfront spot it’s called home for the past 50 years.

Institute, Foundation Partner to Educate Nonprofits

EDUCATION: Goal Is to Teach Effective Leadership, Fundraising

National University and its Sanford Institute of Philanthropy have partnered with The San Diego Foundation to advance a certificate program that serves the region’s many nonprofits through specialized training, the university announced.

CSUSM Names Hamerly Dean of Business School

EDUCATION: He Brings Extensive Private Sector Experience

Jim Hamerly has been named dean of the College of Business Administration at California State University, San Marcos. His appointment was effective June 1.