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Low Vacancy Rates and High Demand Are Pushing Apartment Rents Higher, And the Trend May Continue
Arecent report on rising rents, by the Lusk Center for Real Estate at the University of Southern California, painted a clear good news/bad news picture of San Diego County’s apartment property market so far in 2016.
San Diego’s Illumina Inc. reported quarterly earnings May 3, falling short of analyst expectations and further slipping the company’s stock.
Kearny Mesa-based Mitek Systems Inc. reported net income of $600,000, or 2 cents per diluted share, on revenue of $8.5 million in its second quarter of fiscal 2016, which ended March 31.
Indus Technology Inc. said on May 3 that it is leading a team that received a U.S. Navy contract that could we worth up to $2.92 million over five years, if the Navy exercises all of its options.
Dexcom Inc., one of San Diego’s biggest public medical technology firms, announced May 2 that it will acquire Nintamed, a distribution partner with presence in Germany, Switzerland and Austria.
San Diego-headquartered Excel Trust has appointed Luke J. Petherbridge as chief executive officer and president.
The University of San Diego’s economic index rose 0.4 percent in March to a level not seen since the exuberant days of 2005-2007.
San Diego-based Biocept Inc. is hoping to raise $5 million in an offering of its common stock, the company announced April 29.
An agricultural technology and life sciences venture capital investor, Finistere Ventures, LLC, partnered with International Farming Corp., an institutional farmland owner in North Carolina, to launch Willow Hill Ventures.
Total first-quarter revenue at Retail Opportunity Investments Corp. (ROIC) rose 6.3 percent over the year-ago period, topping $42.6 million, the San Diego-based company reported.
The San Diego region gained 4,000 construction jobs from March 2015 to March 2016, according to an analysis of federal employment data by the Associated General Contractors of America.
Workers younger than 66 lost up to $100,000 in Social Security lifetime benefits April 29. Why? Because the “File and Suspend” claiming strategy, which allowed a retiree to take benefits off a spouse’s record while deferring his or her own record, has been eliminated.
With more than 30 years of experience in the apparel industry, Carlsbad resident John Rich is hyper-aware of what is being worn in his community. And although there were plenty of Carlsbad T-shirts, hats and bags, he was hard-pressed to find a pair of Carlsbad socks.
A group of businesses and government leaders launched an effort Wednesday to collaborate on job creation across the San Diego County and Tijuana region.
CAPITAL: Lumira, RiverVest Among Firms Adding a Local Presence
San Diego’s growing hub of biotech and other life science firms is attracting fresh investors to the region.