San Diego Business Journal

SDBJ WEEKLY EDITION

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Into the Spotlight

PROPERTY: National Investors Find Deals in San Diego Market

San Diego recently placed 24th in a global ranking of cities based on commercial property investment dollar volume for the year ending June 30.

Isis Offers $425 Million of Convertible Senior Notes

Isis Pharmaceuticals Inc. announced that it intends to offer $425 million of convertible senior notes, due in 2021, in a private placement, subject to market and other considerations.

Developer in $50 Million Scam Receives a 10-year Sentence

A former Escondido commercial developer was sentenced to 10 years in prison Nov. 10 for bilking about 150 investors, including many retired seniors, of $50 million, according to the U.S. Attorney’s Office in San Diego.

Breast Cancer Study Finds Pluses in Use of Proton Therapy

Despite its reputation for being expensive, proton cancer therapy may cost the same or less than other cancer therapies, according to a recent study using Medicare reimbursement codes.

Heroes Honored During American Indian Heritage Month

Two local heroes were honored by KPBS and Union Bank for American Indian Heritage Month in November.

Co. Opens New Dubai Office

San Diego-based Cumming, which provides construction project management and cost consulting services, has expanded its international operations by opening a new office in Dubai.

Entropic Cuts Jobs And CEO

Entropic Communications Inc. made a big change at the top on the same day it reported large-scale layoffs and a quarterly loss.

Health Care Reset Button Will Get Pushed, But Not all the Way

While the election results ensure a new round of attacks on Obamacare, experts say a full repeal of the federal health care law is, well, impossible.

Alliance Plans 7-Story Mixed-Use Project in the East Village

It turns out that Alliance Residential Co. wasn’t through with downtown San Diego when it recently decided to sell its 203-unit Broadstone Little Italy for $102.5 million, not long after completing the project earlier this year.

Some Well-Timed Bank Buys Prove Profitable for Investors

Recent bank deals affecting large swaths of the West and San Diego prove that private equity prefers cashing out of investments and the preferred holding time is no more than five years.

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This Portable Office Pod Only Comes ‘in Green’

CLEAN-TECH: It Replaces Construction Trailer With a Sustainable Work Environment

A local construction company has discovered an eco-friendly and cost-effective use for those recycled shipping containers that have become the latest fad in green homebuilding.

How Will the Election Shake-Ups Shake Out on the Budget?

With November elections in the rearview mirror, members of Congress will soon take up the 2015 defense budget.

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Improving Economy Changes the Holiday Hiring Dynamic

WORKFORCE: Filling Positions Usually Starts 2 Months in Advance

Dominique Hernandez is working longer hours these days. She has jobs to fill, people to train.

Novatel Names Mashinsky CEO

The board of Novatel Wireless Inc. has named Alex Mashinsky, 49, as its permanent CEO, the business announced.

Green Flash Brewing Acquires Alpine Beer Co.

Green Flash Brewing Co. of San Diego has announced it is acquiring the East County-based Alpine Beer Co. for an undisclosed price.

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S.D. Firms Tackle Symptoms, Ebola Diagnostics

MEDICINE: The Cos. Have the Capacity for Ramping Up Production

Another San Diego-based company is taking aim at Ebola, but unlike the other companies, Leading BioSciences Inc. is focusing on treating the symptoms of the deadly virus rather than targeting the virus itself.

And Now For The Top Story: Us

“Women Who Mean Business” is one of SDBJ’s biggest and most impactful events of the year, and we do A LOT of events.

Loan Distress On the Decline

PROPERTY: Glut of Loans Coming Due Should Be OK

Thanks to an improving commercial real estate climate, San Diego-based Douglas Wilson Cos. has witnessed a steady decline in bank foreclosures on properties since the end of the Great Recession, meaning less need for its bank- and court-appointed property disposition services, though there are still pockets of those cases being handled by the company’s four offices nationwide.

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Movie Plays Supporting Role for Legoland

TOURISM: Attraction Builds On Attention Film Generates

An old-school toymaker went Hollywood in a big way this year, as “The Lego Movie” racked up more than $468 million in global ticket sales.

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Making Winners

GAMING: Bally Bets on S.D. Slot Designers to Pay Off

Los Angeles has pop culture, Las Vegas has the casino game industry and San Diego has an abundance of software talent.

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F-35, 5th Generation, Maintains San Diego Roots

It was an historic moment in which San Diego played a prominent role.

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Home of the Month: Music-Inspired Mansion on Mount Helix

This residence at 4625 Calavo Drive on Mount Helix in La Mesa was built for Charles Wakefield Cadman in 1930, a famous American composer in Los Angeles. Cadman was considered one of the top Hollywood film composers at the time, and was considered an expert on American Indian music.

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Making Closer Connections

Proximity-Beacon Systems Part of Promising Technology on Display at Verizon Ventures Meeting

As you make your way north on the crowded sidewalks of San Diego’s Gaslamp Quarter, your smartphone suddenly comes to life.

With ‘Computational Photography Platform,’ Seeing is Believing

You could call it a camera, but its builder wants you to think bigger.

EY Volunteers Plant Seeds of Hope in Conservation Garden

EY (formerly Ernst & Young) gave all of its 300 accountants and other professionals in San Diego the day off recently to volunteer and give back to the community as part of its annual “EY Connect Day.”

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Executive Q&A: Mike Grey, Venture Partner of Pappas Ventures

Mike Grey has worked in the life sciences industry for more than 40 years, from the labs of pharmaceutical giants to launching and operating biotech startups as a chief executive.

Budget Cuts Will Create Crowd Scene at Downtown Court

You have read in this column about the financial pinch Gov. Brown and the Legislature have put on the San Diego Superior Court.

Vibra Transaction: County Has One Less Community Bank

Vibra Bank CEO Frank Mercardante insisted the sale of his Chula Vista bank to Los Angeles-based Pacific Commerce Bank wasn’t a sale but a merger.

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Small Ramona Brewer Gets Financial Assist From Big Player

BREWING: ChuckAlek Also Chosen For Boston Mentoring Program

Among the dozens of craft brewers serving up suds during the annual San Diego Beer Week – which kicked off Nov. 7 and was slated to run through Nov. 16 – are several smaller players who required a little financial help from friends and family to stake their claim in the increasingly competitive industry.

Tourism Group Streamlines Efforts to Nab More Sports Events

MARKETING: SDTA Gets Sports Commission Funds, Leadership Role

With the region recently landing the Breeder’s Cup for 2017, local sports and tourism marketing officials are streamlining efforts to lure more high-profile, hotel-room-night-generating sports events to San Diego.