San Diego Business Journal


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Architectural Firm KTUA Names Two Principals

San Diego-based planning and landscape architecture firm KTUA announced Monday that two longtime employees have been named principals.

By Sarah de Crescenzo February 27, 2017 4:38 p.m. share »

Tech Startup Cordial Receives $6 Million in Series A Funding

Cordial, the downtown San Diego company that helps other companies market their products, said on Feb. 27 that it received $6 million in series A funding. Upfront Ventures of Los Angeles provided the support.

By Brad Graves February 27, 2017 3 p.m. share »

GTOs' Reporting Requirement for Cash Purchases of Houses Is Extended

The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) bureau has extended by 180 days its orders requiring title insurance companies in six major metropolitan areas, including San Diego, to identify anyone who plunks down cash for a high-end home.

By Sarah de Crescenzo February 24, 2017 9:36 a.m. share »

Sempra Energy's Board Hikes Company Dividend

Sempra Energy’s board of directors has agreed to increase the company’s dividend 9 percent to 82.25 cents per quarter.

By John Cox February 23, 2017 3:42 p.m. share »
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City On Wrong Legal Course for Bay Remediation

Recently an Oakland court found that a public nuisance claim brought by cities against the manufacturer of Polychlorinated Biphenyls (PCBs) can go forward, even though the manufacturer never owned or operated a plant in the region and never discharged a single molecule of PCBs into the municipality’s adjoining waterways.

By Carmen Trutanich February 23, 2017 1:51 p.m. share »
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Engineering Firm Built Bridges Within the Company Culture

A San Diego-based engineering firm that shrank to a shadow of its former self during the Great Recession has bounced back after diversifying its customer base and improving company communications, both internally and with customers.

By Sarah de Crescenzo February 23, 2017 1:42 p.m. share »
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Seacoast Holds On to More of Its SBA Loans

It’s been nearly 10 years since Richard Sanborn was hired to turn around Seacoast Commerce Bank, the Rancho Bernardo-based commercial bank.

By Sarah de Crescenzo February 23, 2017 1:02 p.m. share »

County Hotels Saw January Revenue Rise 4.8 Percent

Revenue at San Diego County hotels rose 4.8 percent from a year ago during the month of January, topping $180.5 million, according to the latest monthly data from research firm STR.

By Lou Hirsh February 21, 2017 11:36 a.m. share »
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It’s All In The Family

The San Diego Business Journal will host a forum on family-owned businesses with two panel discussions — one featuring local owners of family businesses and the other featuring experts who will speak to the unique challenges. Topics will cover a wide range of issues and include insights from multigenerational founders and perspectives from those assuming new leadership responsibilities. Members of the panels offer a preview here.

By Patti Anderson February 16, 2017 3:22 p.m. share »

HCAP Partners Invests in Oakland Distributor

Private equity firm HCAP Partners has completed an undisclosed mezzanine debt investment in Progistics Distribution Inc., a company specializing in “last mile” delivery.

By Sarah de Crescenzo February 16, 2017 3:09 p.m. share »

CGS3’s Attorney Additions Bring Real Estate Expertise

Michael Cato has joined Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3) as partner and Jamie Altman Buggy and Collin Waring as associate attorneys, expanding its commercial real estate practice.

By Randy Frisch February 16, 2017 2:45 p.m. share »
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Design Co. Doesn’t Fill Workspaces, It Helps Craft a Culture

Eight years ago, with the Great Recession in full swing, the San Diego company where Anne Benge worked as president suddenly closed.

By Sarah de Crescenzo February 16, 2017 2:20 p.m. share »

Compromise Is Worth The Cost for Utilities

Leave it to a utility owner like Sempra Energy to eke out a bump in its stock price after negotiating away tens of millions of dollars in core revenue.

By John Cox February 16, 2017 2:12 p.m. share »
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CEO Goes in Some Unusual Directions

Ryan Sisson wasn’t like the people he surrounded himself with.

By John Cox February 16, 2017 1:51 p.m. share »
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Atlas Report: Local Hotel Property Deal Volume Down 67.8 Percent in 2016

San Diego County saw hotel property sales volume in 2016 decline 67.8 percent from the prior year, to $473.1 million, as the number of completed deals dropped from 30 to 21, according to the latest annual California data from Atlas Hospitality Group.

By Lou Hirsh February 13, 2017 2:49 p.m. share »