Daily Business Report: July 17, 2026
Letter to the Editor: Apartment Vacancy Rates Paint an Incomplete Picture
By David Malcolm | Voice of San Diego
In last Saturday’s “Politics Report,” Will Huntsberry tackled the thorny issue of apartment vacancy rates (apparently the highest in this century) and the impact on affordability. He also correctly wrote that the city of San Diego needs “strategies beyond build, build, build.”
What’s Really Happening
My company owns and operates apartment rental complexes in San Diego County (San Marcos, Encinitas, La Jolla, El Cajon and South Bay) and in Temecula (Riverside County). Here is what we are seeing.
Base rents are stable … but offers of two months’ free rent are common. That is a de facto 16.7 percent reduction on annualized rents. Reducing base rents is not possible in the face of rent control measures and, even more importantly, bank loan covenants. Thus, concessions like two months’ free rent are not hard to find.
New study shows promising step forward in improving Parkinson’s treatment
by Nicole Abrams | Times of San Diego
A small molecule was found to increase the benefits and reduce the side effects of the standard drug for Parkinson’s disease, according to a new study from UC San Diego startup called Sinopia Biosciences.
L-dopa or levodopa is the main treatment for Parkinson’s disease, but its benefits wane over time and can cause involuntary movements called dyskinesia. About 90% of patients with Parkinson’s disease develop dyskinesia in 9 or more years of using L-dopa, and 70% develop motor fluctuations in 9 or more years of using the drug, according to the study.
