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

CALIFORNIA COMMERCIAL REAL ESTATE SUMMIT; SUCCESS!

June 22, 2018

This week the annual California Commercial Real Estate Summit (CCRES) was held in Sacramento and attended by over 80 real estate leaders who converged on California’s Capitol to advocate on behalf of the commercial, retail, and industrial real estate industry.  “Teams” of advocates, made up of leaders from all over the state, met with almost half of the state Legislature.

Prior to meeting with legislators, industry leaders got to spend some time with Diana Dooley, then newly appointed advisor to Governor Jerry Brown.  Ms. Dooley is the de facto chief of staff to the Governor and an extremely important contact for our industry to communicate with on how different policy initiatives will impact commercial real estate.

First, advocates raised awareness for the need for the state to continue to address and reform ADA laws to minimize unnecessary lawsuits and expand actual access.  We also encouraged state lawmakers to ask the U.S. Senate to take up H.R. 620 which has passed the House of Representatives but has yet to find traction in the upper house.  That measure will go a long way to stymie the trend of avoiding California’s laws by filing lawsuits in federal course.

Your colleagues also made sure that legislators understood the negative impacts that Split Roll property tax would have on the economy of California and individual businesses.  As signatures are being gathered for a November 2020 ballot measure to eviscerate Proposition 13 protections, it is important that we continue to press facts and figures with policymakers while raising funds to support the expensive battle to come.

CCRES is the one time of year that industry leaders from all sectors of the commercial, industrial, and retail real estate industry converge on California’s Capitol to meet with policymakers. The summit gives you an opportunity to meet other industry leaders from across the nation, high-level staff from Governor Brown’s Administration, and California State Legislators.

Please help us thank all the members who trekked to Sacramento to advocate on our industry’s behalf!

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