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

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THE GRAVE ISSUE OF INCREASING PROPERTY TAX REVENUE

June 30, 2017

Our good friend Joel Fox, Editor of Fox and Hounds Daily, has penned another great article about Proposition 13 and the political dynamics of property taxes. “My fellow Baby Boomers and I can help raise tax revenue for schools and local governments—all we have to do is die. That’s the message I got from this Bloomberg News headline: Boomers Nearing More »

VACANCIES AND RENTS UP AT MALLS

Our friends at ICSC report that “the national retail vacancy rate rose to 10 percent in the second quarter, from 9.9 percent in the first quarter, according to real estate research firm Reis. The mall vacancy rate grew slightly, by 0.2 percent, to 8.1 percent in the quarter from the previous quarter, Reis said in its quarterly report. Net absorption, More »

AB 1553 WILL PROVIDE HELP WITH ADA UPGRADES

We are in support of AB 1553 (Cervantes; D-Riverside) a bill that makes changes to the Capital Access Program for Small Business to enable more businesses can access funding to make their properties into compliance with ADA codes. This bill authorizes the use of moneys in the California Americans with Disabilities Act Small Business Capital Access Loan More »

SB 700 ENERGY STORAGE INITIATIVE

We are in support of SB 700 (Wiener; D-San Francisco) a bill that will establish a statewide system of rebate programs to subsidize the cost of installation of customer-sited energy storage. SB 700 would authorize the Investor Owned Utilities to collect revenue for the Self-Generation Incentive Program (SGIP) for the ten-year period (2018-2027) to incentivize More »

AB 943 WILL PROVIDE MORE HOUSING

June 23, 2017

We support AB 943 (Santiago; D-Los Angeles) a bill that will increase the vote threshold for approval of local initiatives intended to curb, delay, or deter growth and development throughout California, which may exacerbate the state’s affordable housing crisis. AB 943 requires any ordinance proposed by the voters of a city, county, or city and county, More »

AB 890 COULD REDUCE DEVELOPMENT

And in a related measure, we oppose AB 890 (Medina; D-Riverside) a measure that would force local governments to hold costly special elections for all local land use-related initiatives and prohibit local elected officials from adopting planning, zoning and other land use or development proposals legislatively if they have qualified for the ballot. More »

SB 772 EXEMPTS CAL/OSHA FROM ECONOMIC IMPACT ANALYSES

As part of a CalChamber led business coalition, our industry is strongly opposing a SB 772 (Leyva; D-Chino) a bill that could increase Cal/OSHA costs for employers. The bill reduces transparency, removes accountability, and runs contrary to California’s commitment to good governance by exempting Cal/OSHA from a rulemaking process applied to major More »

PROP 13 SPLIT-ROLL TAX – THE ECONOMIC CONSEQUENCES

Our superstar government affairs duo at BOMA San Francisco, Ken Cleaveland and John Bozeman, penned an op/ed for the Bay City Beacon to counter the call for a split-roll tax on commercial properties. Many people wonder what they can do to help fight split roll. This is a good example. Take the information that we have provided and localize it and More »

“SURF-BY LAWSUITS” ARE REALLY A THING

Our industry has fought for many years to reform California’s ADA lawsuit abuse, and have made some very good changes to policy that both expands access to our guests and tenants while protecting property owners and businesses from frivolous lawsuits. However, it appears that a new trend of Title III lawsuits may be heading our way. The “Surf-by” More »

SENATE PASSES 2017-18 STATE BUDGET

June 16, 2017

A state budget that adds money to both social programs and attempts to rein-in the University of California, passed by both houses of the Legislature in time to meet the constitutional deadline of June 15. This plan includes a $183.2 billion package, the largest state budget in history. Assembly Speaker Anthony Rendon (D-Paramount), said the plan “does More »

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