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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

eWeekly Alert & News Archives: July, 2010

HEALTH CARE TAX ON REAL ESTATE

Published on July 30, 2010

The rumor you have heard that the new federal healthcare law imposes a tax on real estate transactions is true. However it might not be as bad as first reported. Our friends at Marcus & Millichap looked into the issue and report that the bill does  | Read More » |

MORE FALLOUT FOR PACE PROGRAMS

Published on July 30, 2010

The California Energy Commission canceled a $30 million solicitation that would have supported PACE programs in 23 counties and 184 cities. The Commission action, which responded to roadblocks created by recent actions of the Federal Housing Financing  | Read More » |

HIGH PROPERTY TAXES WASTED

Published on July 30, 2010

In a sad anecdote that bolsters the worry that increased revenue to government from increased property taxes from schemes like split roll will not be spent wisely, AP reports that the City of Bell, where excessive salaries for city employees has become  | Read More » |

ENHANCED DEPRECIATION PROPOSAL

Published on July 30, 2010

Our friends at ICSC report that Congresswoman Shelley Berkley (D-NV) introduced H.R. 5943, the Community Renewal and Enhancement (CRE) Act, legislation to allow a fifty percent (50%) depreciation for the portion of any equity investment used to buy down  | Read More » |

LONGTIME CBIA LEADER BOB RIVINIUS RETIRES

Published on July 30, 2010

Today ends an era at the California Building Industry Association. Bob Rivinius brings his storied 33 year career representing homebuilders to a close. CBPA President and CEO Rex Hime states, “CBIA has been one of CBPA’s staunchest allies in Sacramento  | Read More » |

UNCOLLECTED SALES TAX HURTS RETAIL REAL ESTATE INDUSTRY

Published on July 30, 2010

An op/ed penned by our very own Rex Hime, explains how what was once a useful and needed policy has become an anachronism that is hurting sales tax revenues in California. Thanks to a U.S. Supreme Court ruling issued years before Internet commerce was  | Read More » |

STILL NO BUDGET – 30 DAYS LATE

Published on July 30, 2010

Over the Legislative Summer Recess, that technically was deemed not a recess by legislative leaders, things were quiet in Sacramento and not much activity on the budget seemed to be happening. Apparently that was absolutely the case. But as time drags  | Read More » |