Five Business-Related Issues Trump Did Not Address In His First Press Conference
As President-Elect
At his first press conference as president-elect, Donald Trump tried to quell conflict of interest concerns by announcing he would hand over his company's management to his sons, but many questions about his business interests remain unanswered. Here are the five biggest:
1. Potential Breach Of The Old Post Office Building Lease
Neither Trump nor his attorney — who did most of the speaking about the future of the Trump Organization — addressed what would happen with The Trump Org's lease with the General Services Administration for the Old Post Office Building, which could…
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Downtown San Diego Poised For Boom In Innovation Economy
San Diego County is ranked in the top 10 metro areas nationally for startups, fourth statewide, and No. 1 in California for life science startups. The region's innovation economy is now producing 25% of its GDP.
The majority of innovative research…
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The Chargers Are Joining The Rams In Los Angeles
Call them the San Diego Chargers no more — the NFL franchise is moving to Los Angeles.
The team is expected to officially announce the move today, ESPN reports, almost exactly one year after the Rams moved to the City…
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San Diego Businesses React To Minimum Wage Boost
San Diego voters approved boosting San Diego's minimum wage from $10/hour to $10.50/hour in June, and it got another bump Jan. 1 to $11.50/hour. The local referendum established an annual minimum wage increase based on an inflation-adjusted formula, which could…
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Investor Acquires Sommerset Suites In Hillcrest To Convert To Apartments
San Diego-based SENTRE Partners has acquired the Sommerset Suites Hotel at 606 Washington St in Hillcrest. SENTRE plans to convert the building to 80 apartments and rebrand it The Whitson, according to Holliday Fenoglio Fowler, which repped the buyer. The seller…
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Clicks-And-Bricks: In Today's Culture, One Can't Function Completely Without The Other
The industry is nearing a point where retailers cannot thrive without establishing a strong online presence to engage with customers.
But don't let the bold headlines suggesting the death of brick-and-mortar fool you. Physical retail is far from dead, but the physical landscape has evolved. There's been a shift in the last few years in which e-commerce retailers have been opening physical stores, and CBRE head of retail research in the Americas Melina Cordero said that trend will only grow.
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Safe Bet: REITs To Remain Resilient In Midst Of Monetary Tightening, Interest Rate Hikes
The Federal Reserve is prepared to move short-term interest rates another two or three times this year, and experts anticipate REITs will remain a safe investment during this time.
REITs have been managing their balance sheets since the recession, the National Association of Real Estate Investment Trusts reports, creating resilient and diversified portfolios to withstand heavy hits from central bankers should a tightening in monetary policy occur.
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