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Recent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...

Biotech Investors Look For Red Flags and Green

Do you bet on the jockey or the horse?  That question kicked off a Feb. 27 investor panel at Biocom’s 9th Annual Global Life Science Partnering Conference. The query gets at whether investors prioritize a biotech’s science or the management team.

Former NuVasive, GreatCall Executives Launch New San Diego Health Company

Former NuVasive CEO Gregory Lucier, GreatCall CFO Brian Berning and Chicago private equity firm GTCR are teaming up to start a new life sciences company in San Diego.

WD-40 Names Director

WD-40 Co. announced on March 19 that it named Anne G. Saunders to its board of directors, bringing the number of directors up to 10.

SDC Cannabis Company Acquired by Canada’s Next Green Wave

According to a press release, SDC has been rebranded as WeareSDC and, as part of the transaction, all members of the SDC team will immediately become the head of the Next Green Wave extraction and manufacturing unit.

Second Generation Keeps Eateries Current

DINING: Restaurant Group Sees Revenue of $8M – $12M

Well before San Diego’s Little Italy became a hotspot in the early 2000s, Joe Busalacchi, founder and president of Busalacchi Restaurants, saw its potential.

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SD 500: James A. Floros

SD 500 recap: Jim Floros has been president and CEO of the Jacobs & Cushman San Diego Food Bank since 2012.

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San Diego Voted 7th Worst City for First-Time Home Buyers

The ranking for the best and worst metro cities for first-time home buyers list by Bankrate, which looked at the 50 largest metro areas, was based on affordability, culture, housing market tightness, job market and safety, among other measures.

Viasat Plans $500M Bond Issue

Viasat Inc. said March 19 that it plans to sell $500 million in senior secured notes due 2027 through a private placement.

Special Report: Increases Expected in 2019 Construction Costs

BUILDING: Tariffs, Demand for Materials Likely to Boost Prices

A year ago, construction costs were rising so fast with fear of tariffs so shaking the industry that some contractors started stockpiling materials. That’s over, with many San Diego County contractors predicting a slow but steady rise in costs through the end of 2019.

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Cities Consider CCAs As Part of Energy Plans

ENERGY: They Would Take Energy Buying Role From SDG&E

Big changes may be in store for the way San Diego County businesses and residents get their electrical power, as local governments consider taking over the role of buying and selling electricity from the region’s investor-owned utility, San Diego Gas & Electric.

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Porsche Dealership Design Is Detour From Carlsbad’s Criteria

Building a new Porsche dealership in Carlsbad for came with some special challenges for Dempsey Construction.

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Wastewater Treatment Startup Wins $200,000 at San Diego Angel Conference

AquaCycl, a startup that created wastewater treatment systems that use bacteria, won $200,000 at the San Diego Angel Conference.

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Sempra LNG Names Officers

Sempra LNG, a subsidiary of San Diego-based Sempra Energy, announced on March 18 that it named Justin Bird president, and Lisa Glatch chief operating officer. The two will develop Sempra’s liquefied natural gas export business.

Grandesign, San Diego-Based Ad Agency, Acquired by UK Media Company

According to a press release, UK’s Talon, an out-of-home media company, recently acquired the advertising and experiential agency and will change all of Grandesign’s traditional offices to the Talon name.

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SD 500: Nikia Clarke

SD 500 recap: San Diego Regional Edc/World Trade Center San Diego Since 2017, Nikia Clarke has served as vice president of economic development for the San Diego Regional Economic Development Corp.

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Life Sciences Leasing Activity Finished Strong in Q4 of 2018

For San Diego life sciences the fourth quarter of 2018 was the strongest of the year from a leasing perspective.

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