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

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MANDATORY BENCHMARKING WEBINAR NEXT WEEK

May 25, 2018

The Energy Commission is hosting a webinar aimed at companies who own/manage buildings to help with AB 802 Benchmarking and Reporting Requirements. If you own and/or are responsible for any commercial building over 50,000 s.f. this regulation applies to you and the deadline for completion is technically June 1, 2018.  If you are uncertain how to comply, More »

COASTAL COMMISSIONERS ARE HIT WITH EX PARTE COMMUNICATION FINES

For those of you that work in the Coastal Zone this is an interesting article in that it quotes a portion of the ruling where the court questions the whole premise of the Coastal Commission hearing process and invites the legislature to amend the process.  Click here to read the article.  More »

ECONOMIC GROWTH, REGULATORY RELIEF, AND CONSUMER PROTECTION ACT SIGNED BY PRESIDENT

In a bit of good news for our industry, President Trump has signed the Economic Growth, Regulatory Relief, and Consumer Protection Act into law. This reform legislation was supported by our industry as it includes language to ensure there is adequate capital availability for commercial construction financing. The bill requires banking regulators to More »

CALIFORNIA COMMERCIAL REAL ESTATE SUMMIT JUNE 19-20, 2018

The California Commercial Real Estate Summit (CCRES) will be held at the California Chamber of Commerce Headquarters in Sacramento on June 19-20, 2018.  This event 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. More »

CALL TO ACTION – HELP DEFEAT ONEROUS TAX MEASURE IN SF

May 18, 2018

There are two onerous tax measures on the San Francisco ballot in June that could decimate the commercial real estate industry in that city. We are looking to all members of the business community to contribute to help defeat them. Our local team at BOMA San Francisco is fighting hard against the measure and has done recent polling that shows they do More »

PROP 13 REFORM REJECTED BY LEGISLATURE AND SPLIT ROLL PROPONENTS

“The defeat of SB 1237 is another sad example of politics over policy – a roadblock to providing local government with resources to meet their many needs,” stated Res Hime, President and CEO of California Business Properties Association when the bill that would have “fixed” an issue  pointed to by proponents of split roll property More »

THERE IS NO LOOPHOLE IN PROPOSITION 13

Patricia Bates, the California Senate’s Republican leader and Jon Coupal, president of the Howard Jarvis Taxpayers Association, explain why there is no so-called “loophole” in the Prop. 13. There is an ambiguity that could be clarified – and CBPA sponsored a measure in the past to do just that.  Senator Bates is attempting that fix again.  More »

SALES TAX ON SERVICES SB 993 STALLS – FOR NOW

Purportedly to help “provide tax relief to middle-income and low-income Californians,” SB 993 (Hertzberg; D-Van Nuys), would impose a 3-percent tax on services purchased by businesses.  This policy would have a major impact on commercial real estate as everything from accounting to landscaping could see a cost increase under the measure. A press More »

CALIFORNIA WATERFIX FORMS JOINT POWERS AUTHORITY

The old adage goes that “in California whiskey is for drinking and water is for fighting.” Uniting Southern and Northern California in a collaborative water supply reliability vision, the Metropolitan Water District of Southern California (MWD), Santa Clara Valley Water District (SCVWD) and Zone 7 Water Agency today announced their partnership and More »

CALIFORNIA BENCHMARKING WEBINAR AND RESOURCES

NEW:  Benchmarking Compliance Webinar Just Announced.  May 29, 2018. Click here for more details and to sign up. Several weeks ago, the State of California finalized the AB 1103/AB 802 Energy Benchmarking Regulations. This has been a long process and we have been involved every step of the way. The bottom line is that as of June 1, 2018, all buildings More »

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