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

eWeekly Alert & News

“MAY REVISE” HOLDS THE LINE ON SPENDING

May 19, 2017

The Governor has release an updated version of his proposed budget originally submitted to the Legislature in December. Known as the “May Revise,” the budget plan for 2017–18 exhibits restraint on new spending with a warning from the Governor that the economic recovery won’t last and uncertainty in Washington adds to unpredictability in California’s More »

INLAND EMPIRE BILL PROVIDES FAIRNESS AND RELIEF

The Governor has signed SB 130 (Committee on the Budget) which expands the existing Vehicle License Fee Adjustment to the cities of Eastvale, Jurupa Valley, Menifee and Wildomar, allowing them to receive millions of dollars in additional property tax revenue. This is an idea that has been championed by Senator Richard Roth (D-Riverside) for the last More »

EIR RELEASED FOR CENTENNIAL AT TEJON RANCH

In a process that has taken well over a decade, Los Angeles County has released the Draft EIR for Tejon Ranch’s master-planned community, Centennial, on the south side of the Ranch. Centennial is a master-planned community of 19,333 homes of all types, and 10.2 million square feet of retail/commercial/Industrial development, with 6,700 acres developed More »

TAX ON FAMILY OWNED BUSINESS MOVES FORWARD

A bill with multiple tax hikes on businesses and identified as a “Job Killer” by the Cal Chamber, passed a major hurdle this week on a party line vote in the Senate Governance and Finance Committee. SB 567 (Lara; D-Bell Gardens) significantly increases taxes on California businesses, who already have one of the highest tax burdens in the country. More »

GHOST SHIP FIRE WORKSHOP

Today representatives from commercial and residential real estate groups came together with experts from local government and arts groups to discuss how to create more and safer live-work artist spaces in California urban areas. Unfortunately, this discussion has been spurred by the tragedy in Oakland known as the “Ghost Ship Fire,” but hopefully More »

PROGRESS ON SOLAR BILL

We are very pleased to report productive conversations with Senator Wiener (D-San Francisco) regarding his bill SB 71, a bill that is looking to better enable adoption of solar in residential and commercial settings. Although this early version of the bill gives some of our members heartburn because it seems to unintentionally undermine the codes process More »

CBIA RACKS UP SOME BIG SUCCESSES!

May 5, 2017

Kudos to our allies at the California Building Industry Association (CBIA) – the past six months have seen two big victories in the housing column – first the passage of the school construction bonds by the voters of California in November and most recently stopping the legislative effort to make all new housing construction in California More »

OP/ED: MIDDLE CLASS MUST BE HIGHER PRIORITY FOR CA LEADERS

We don’t share a lot of op/eds by California politicians, but this one by Assemblymember Raul Bocanegra (D-San Fernando) just seems to make a lot of sense so thought we’d share: For years, economists, business leaders and policymakers warned that the decline in blue-collar manufacturing jobs in California would leave us with a shrinking middle class, More »

THE GREEN GET GREENER, THE POOR GET…

Well, you know how the saying goes. SB 584 by California Senate President pro Tem Kevin de León implies that you can do a lot more to save and reduce Global Warming. A day after releasing a plan that would make California’s cap-and-trade program even less appealing to market-based solutions, Democrats in the Senate are introduced a proposal More »

DUAL AGENCY BILL SET ASIDE FOR THE YEAR

We are happy to report that the Dual Agency Ban Bill, AB 1059 (Gonzalez Fletcher), has been pulled from the Assembly Judiciary Committee docket and we have been told by the author’s staff that she will not pursue the measure further right now (but that it may be revisited over the Interim Recess or next year). This is great news and we appreciate More »

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