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

eWeekly Alert & News

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 »

STATE MANDATES SOLAR ON NEW HOMES

Our good friend Bob Raymer, California Building Industry Association’s State Technical Director made an appearance on national news this week to talk about the new state solar mandate. This is definitely worth the two minutes to watch! Click here to watch the video. Here is more information about the mandate: The State of California, through the state’s 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 »

MAJOR LEGISLATIVE DEADLINE APPROACHES

April 27, 2018

Today is a major legislative deadline that requires all policy committees to pass any bill with a fiscal cost to the State, on to Appropriations Committee, or they are “dead” for the year.  This means basically in the past two weeks, we have dealt with hundreds of bills in legislative hearing, negotiating amendments, and making our case as to why More »

PRIORITY BILLS IN THE LEGISLATURE

We are currently following more than 500 pieces of legislation that has a potential impact on your business.  Below is long list of bills that we are working on and our position on the measures.  To read the statutory language and see analysis, you can click on the bill number.  Any feedback and/or analysis that you may have is welcome! Last week More »

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