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News

Bruce May named as chairman of Cabrillo Credit Union

Bruce May has been elected to serve as chairman of the Board of Directors of Cabrillo Credit Union.

CONSTRUCTION

Pacific Building Group completes Moss Adams space

Pacific Building Group has completed a 15,455-square-foot tenant improvement for Moss Adams LLP tax accounting and consulting firm in the La Jolla Commons I building at 4747 Executive Drive in the University Towne Centre area.

Local banks, credit unions saw significant lending growth in 2014

California banks led the nation in lending growth last year, with loans growing 15.5 percent between the fourth quarters of 2013 and 2014, led by loans to commercial real estate developments and commercial and industrial loans, according to the latest data from the Federal Reserve Bank in San Francisco.

REAL ESTATE

DTZ considering bid for Cushman & Wakefield

Countdown is underway for interest rate liftoff

Other Finance Headlines:

Jay Z's music service is great for his competitors

I can only vaguely remember the TV commercials. The new pain reliever Datril, the pitch went, was made of the same stuff as Tylenol, but it cost less. I can definitely remember my reaction: “What’s Tylenol?”

RECA closes five loan transactions

Real Estate Capital Advisors, a San Diego-based commercial real estate financing firm, said it has closed five loan transactions totaling $11,850,000 for multifamily and commercial real estate properties throughout San Diego County.

Bruce May named as chairman of Cabrillo Credit Union

Bruce May has been elected to serve as chairman of the Board of Directors of Cabrillo Credit Union.

San Diego Stock Exchange

The San Diego Stock Exchange Index closed lower Friday at 200.45, down 0.86 percent from Thursday. Declining issues beat advancers 60 to 33 and 85 issues were unchanged.

What earnings slump? Tech giants power stocks to highs in week

What was billed as the worst earnings season in five years is jump-starting a U.S. equities market that had been stuck in neutral for two months.

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