June 11, 2021
CCRES WRAP-UP Tuesday afternoon, June 8, we held our online California Commercial Real Estate Summit via Zoom and it was a huge success! Over 100 attendees were able to hear from Lieutenant Governor Eleni Kounalakis, Senate President pro Tempore Toni Adkins, Assembly Speaker Anthony Rendon, the Los Angeles Time’s Sacramento Bureau Chief, John Myers … More »
June 4, 2021
FIRST HOUSE DEADLINE 2021 Today marks the halfway point of the 2021 Legislative Session, one that has seen a heavier flow of budget activity, major bills, and fast tracked policy items to address the pandemic. Over 2,700 bills were introduced this year – our industry has been tracking and engaging on more than 500. One of the Capitol’s well-known … More »
June 1, 2021
CALIFORNIA COMMERCIAL REAL ESTATE SUMMIT – REGISTER NOW The California Commercial Real Estate Summit (CCRES) will be held from 1:00 pm to 4:00 pm via Zoom on June 8, 2021. This event is the one time of year that industry leaders from all sectors of the commercial, industrial, and retail real estate industry gather and discuss the issues that impact … More »
May 21, 2021
GOVERNOR APPOINTS – SENATE CONFIRMS – REX HIME TO HISTORIC POST In a historic action in California, CBPA President and CEO Rex S. Hime has been re-appointed to the California Exposition and State Fair Board by Governor Newsom. Hime has now been appointed by six different California Governors from both political parties (Newsom, Brown, Schwarzenegger, … More »
May 1, 2021
AB 255 – GOOD NEWS! We have some good news to report on AB 255 (Muratsuchi; D-Torrance), a bill we oppose in its current form, dubbed the “COVID-19 Emergency Small Business Eviction and Rent Relief Act.” The bill currently seeks to allow one business in a valid private contract to withhold payments for commercial rent owed. However, amendments … More »
April 24, 2021
GOVERNOR SEEKS TO PHASE OUT OIL EXTRACTION – DECLARES DROUGHT In a surprise move, and just days after a similar bill was defeated in the Legislature, Governor Newsom directed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to initiate regulatory action to end the issuance of new permits for hydraulic fracturing (“fracking”) … More »
April 10, 2021
INDUSTRYWIDE LEGISLATIVE MEETING! Yesterday on Zoom over eighty leaders/experts from the commercial real estate industry gathered to review more than 540 pieces of legislation that may impact your business. Legislators have introduced over 2,400 bills, since January, and all of those bills have been reviewed and analyzed by multiple committees of experts … More »
March 26, 2021
JOB KILLER LIST RELEASED The California Chamber of Commerce released its preliminary list of “Job Killers” which it uses to call attention to the negative impact that 18 proposed measures would have on California’s job climate and economic recovery if they were to become law. As a proud member of the CalChamber and an allied member of the business … More »
March 13, 2021
SCAQMD WAREHOUSE INDIRECT SOURCE RULE OPPOSED Last week, joining a broad chorus of opposition, California Business Properties Association representing over 400 individual companies and every major commercial real estate association sent a letter in opposition to the South Coast Air Quality Management District’s (SCAQMD) proposed Warehouse Indirect … More »
March 5, 2021
COMMERCIAL EVICTION EXECUTIVE ORDER EXTENDED Yesterday the Governor extended the authority for local government to adopt a commercial eviction moratorium through Executive Order N-03-21 to June 30th, 2021. The purpose of the extension is to put the date into alignment with the residential eviction laws – however, at this point none of the other provisions … More »