San Diego News

Thu, Nov 8, 2012

Dave Roberts is still holding a small lead over Steve Danon in the District 3 Board of Supervisors race after the county released Thursday evening the first of what looks to be several upcoming ballot count updates, including 100,000 additional votes countywide.

Democrat Scott Peters added slightly to his slim lead over incumbent Republican Rep. Brian Bilbray in the race for California's newly created 52nd Congressional District after the latest results were released Thursday.

The median price of single-family homes in San Diego County is $400,000, 13 percent higher than it was a year ago, according to the San Diego Association of Realtors (SDAR), with statistics compiled from the Multiple Listing Service.

The city of San Diego filed a lawsuit Thursday against the state of California, challenging the legality of Assembly Bill 1248, the city attorney's office announced.

Notices of default decline when homeowners feel the equity in their home is increasing, and home prices increase when foreclosures decrease, creating a situation where increasing home prices are partly the result and cause of fewer foreclosures.

Construction crews are getting the USS Midway Museum ready for the Battle on the Midway college basketball game on Sunday afternoon, Veterans Day.

Lirio Ramos, a 56-year-old Poway woman, pleaded guilty in San Diego Superior Court Thursday, to one misdemeanor count of operating a loan sharking business.

The Navy says it has relieved a commanding officer accused of mismanagement amid allegations that funds were misused under his watch.

A Marine Corps spokesman says heavy fog prevented a fighter jet from landing on an aircraft carrier and forced it to be diverted to Marine Corps Air Station Miramar in San Diego, where it landed safely.

Michael Zarconi has joined Sullivan Hill Lewin Rez & Engel as an associate in the firm's San Diego office.

Mayor Jerry Sanders announced Thursday he will be the new CEO of the San Diego Regional Chamber of Commerce.

San Diego Home Cooking owner Mel Makaric originally finished school for theater makeup. Makaric opened the first San Diego Home Cooking location 15 years ago and has since opened four other locations in San Diego County.

A $300 million fundraising campaign launched Thursday to help advance the research and development in four scientific initiatives at the Salk Institute for Biological Studies.

The law firm Kilpatrick Townsend & Stockton announced Thursday that Stephen Reiter has joined its intellectual property department as counsel.

San Diego Mayor Jerry Sanders has been named to lead the San Diego Regional Chamber of Commerce.

Qualcomm Inc. gained a bigger market value than Intel Corp. for the first time after it forecast results that topped analysts’ predictions, adding to evidence that smartphones are gaining ground at the expense of computers.


A nontraditional type of venture capitalist is gaining ground. More than 200 corporate venture arms have been established in the last 18 months alone.

During American Diabetes Month this November, the American Diabetes Association will launch a socially-focused initiative, "A Day in the Life of Diabetes," to demonstrate the increasing impact diabetes has on families and communities nationwide.

Qualcomm Labs Inc., a wholly owned incubator subsidiary of Qualcomm Technologies Inc. announced Thursday the first set of companies to be funded as part of the QualcommLabs@EvoNexus initiative.

San Diego businessman Vincent Mudd has been seated as a member of the board of directors of the Metropolitan Water District of Southern California.


BofI Holding Inc. (Nasdaq: BOFI), the parent of BofI Federal Bank, released Thursday its financial results for the first quarter ended Sept. 30, announcing it brought in a record net income of about $8.99 million, an increase of 37.6 percent over the same period a year ago.

Third quarter apartment sales in San Diego County continue to improve with a strengthening economy, despite many landlords opting to hold onto their properties.


Three biotech space real estate investment trusts each have millions of square feet of space in the region, and more acquisitions are planned.

As the election winds down and the potential for a "fiscal cliff" approaches, The Daily Transcript asked these local economists how the first three quarters of this year fared, and how do they expect the final quarter to finish.

The rising price of corn caused by the worst drought in half a century may not trickle down to meat prices until 2013.

With signs for the national economy largely going in the right direction, the banking industry continued to make gradual but steady recovery in the second quarter of 2012.

For the past 13 years, Jessica Lerner has slowly gained a local name for herself by singing and strumming her heart out in San Diego malls.

General contractor Kitchell has broken ground on a housing project for Sunroad Enterprises in Del Mar.

Cohu Inc. announced an upgraded family of high definition Helios video surveillance cameras from its Cohu Electronics Division, and Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprising a $400 million revolving credit facility and $200 million term loan, according to company announcements, SEC filings and Bloomberg News.

The following "Local Notes" appeared in The Daily Transcript's Nov. 9, 1994 issue:
Cytel Corp. has raised $9.4 million in a private placement of 3 million shares of common stock. Investment Biotechnology Trust invested $5 million, while Warburg, Pincus Investors L.P., Weiss Peck & Greer Investments and Timothy Wollaeger on behalf of Kingsbury Capital Partners invested $1 million each.

The 60,870-square-foot office building in the Scripps Ranch area, at 10150 Meanley Drive in San Diego 92131, has been sold for $10,394,500.

SAN DIEGO – Holliday Fenoglio Fowler LP (HFF) announced that its San Diego team led by Associate Director Zach Koucos, Senior Managing Director Tim Wright and real estate analyst Zack Holderman arranged an $11.5 million refinancing for Pacific Skies Estates, a 9-acre, 93-space manufactured home community in Pacifica, Calif.

Brookfield Homes will debut a new community of detached homes, Haven at Windingwalk (above), on Saturday in Chula Vista.

Thu, Nov 8, 2012

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