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

eWeekly Alert & News

AFFORDABLE HOUSING ISN’T AFFORDABLE ANYMORE

August 25, 2017

Doing something – anything – to appear to address the affordable housing crisis is at the top of Legislative Leaders minds. Housing is an incredibly important issue to our association and the lack of supply, inability to keep up with demand, and the increase in prices that come along with that, must be addressed. The median California home is More »

AFFORDABLE HOUSING BILLS

Governor Jerry Brown and legislative leaders issued a statement on July 17 stating they were going to make affordable housing legislation a top priority for the final weeks of session. While the actual package of bills that will be included in the housing deal has yet to be formally announced, the Governor and leaders have insisted that new money for More »

PREVAILING WAGE MANDATES INCREASE CONSTRUCTION COST BY 37%

The Coalition for Affordable, Reliable and Equitable Housing issued the following statement after a new study revealed that prevailing wage mandates in private residential housing would result in $84,000 in higher housing costs: “In a time of unprecedented crisis – as communities of color and all Californians are struggling to regain their footing More »

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August 9, 2017

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SUMMER RECESS – A BIG SIGH OF RELEIF!

July 27, 2017

The California State Legislature met the Second House Policy Committee deadline, voted on hundreds of bills in a flurry of activity, and then… adjourned for their monthlong Summer Recess. And a sigh of relief could be heard throughout the land. With Summer Recess, now is a good time to review the 2017 Legislative Session so far. Since January, More »

WEEKLY ON HIATUS

With all that, due to the Summer Recess, this Weekly eNewsletter will be on hiatus, returning on Friday, August 25. But don’t worry; your Sacramento staff will be here keeping an eye on the Capitol and if anything exciting happens we will make sure you know about it.  More »

ADA BILL SIGNED BY THE GOVERNOR

A bill our industry strongly supports that would continue the State’s reform of ADA laws in an effort to increase accessibility while decreasing frivolous lawsuits passed the Legislature on a bipartisan vote has been signed by Governor Brown. AB 1148 (Steinorth; R-Rancho Cucamonga) passed its final vote in the Assembly 62-0 and went to the Governor More »

NEWHALL RANCH RE-APPROVED BY STATE

After project proponents worked for decades to deal with myriad of environmental issues, the Newhall Ranch development in the Santa Clarita Valley in northeast Los Angeles, cleared its last major hurdle. L.A. County Supervisors certified a revised environmental analysis and approved two of Newhall’s five planned subdivisions. “On the whole, this More »

LA COUNTY PROPERTY TAXES ARE GOING UP AGAIN

Property taxes will rise again in Los Angeles County, thanks to a brisk real estate market and construction boom. The assessed value of all taxable property in the county jumped by 6.03 percent in 2017, which was slightly higher than last year, figures released Thursday show. Thankfully, Proposition 13 is still in place and acting as a mitigating factor More »

CLIMATE-SAFE INFRASTRUCTURE WORKING GROUP

California Natural Resources Secretary John Laird today announced the appointment of 14 leaders in state climate science and infrastructure design to the Climate-Safe Infrastructure Working Group. The purpose for the group is to further the State’s continued efforts to address the effects of climate change on the built environment. “I am proud More »

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