November 9, 2018
In some very positive news for our industry was a bright spot in the election is that our only endorsed statewide candidate Eleni Kounalakis was successful in her bid for Lt. Governor with almost an 11 point win. Eleni spoke with our Board over a year ago and received a rare endorsement. Her past experience as a commercial real estate professional … More »
Even as the votes continue to be counted in some close races, it appears that both houses of the state Legislature will see a 2/3 vote Democrat majority, while setting the highest mark for one party in the Assembly in over 40 years. In the Senate going in to the elections, Democrats controlled 26 of the 40 seats and needed one more to get to the supermajority … More »
In a very bright spot for this election, our industry was part of the successful effort to defeat Proposition 10, the rent control measure. In total over $48M was raised to defeat this measure and almost half of that came from our efforts as leaders of the Prop 10 Flaws effort. Defeating rent control, you can see what happens when we are able to access … More »
November 2, 2018
On Tuesday millions of Californians will go to the polls to vote for new representation and weigh-in on important policy questions up and down the ballot. Our association makes recommendations on those issues that have a statewide direct and/or disproportionate impact on the commercial, industrial, and retail real estate industry. For recommendations … More »
Proposition 3 authorizes $8.9 billion in state general obligation bonds for various infrastructure projects related to water projects. Please vote YES on Proposition 3. … More »
Proposition 5 would allow homebuyers who are age 55 or older or severely disabled to transfer their tax assessments from their prior home to their new home. Please vote YES on Proposition 5. … More »
Proposition 10 repeals Costa-Hawkins Rental Housing Act and would allow rent control across the state. We believe the measure has too many flaws and must be defeated. Prop. 10 allows regulation of single-family homes, places bureaucrats in charge of housing, could cost the taxpayers millions in new costs to local government, and drives up the cost … More »
Our friends at the CalChamber have taken a few more position on some of the proposition and we think you may find their list helpful. Where we overlap we are in 100% agreement with the CalChamber! 2018 CalChamber Proposition Positions … More »
Proposition 10 would be such a disaster for our industry we want to provide you more information and hopefully help you communicate with peers, colleagues, tenants, next door neighbors, your barista, and your barber, about why they should VOTE NO on PROP 10. Prop 10 has too many flaws and must be defeated. Here is a new ad on this bad measure that we … More »
October 19, 2018
California Secretary of State Alex Padilla announced that the initiative to dismantle Proposition 13 by creating a split roll is qualified and eligible for the November 2020 ballot. Under the proposal, all non-residential properties will be reassessed to 2020 values and be reassessed every three years thereafter. Commercial property will lose certainty … More »