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

eWeekly Alert & News

AFFORDABLE HOUSING BILLS – NO ACTION TODAY

September 5, 2017

All week there has been a build-up to the potential that the Legislature was going to take up the so-called “Affordable Housing” package on Friday. That package has been rumored to be as many as 17 bills, but no one has really known for sure what was “in” and what wasn’t. Regardless, three bills have been the focus of the package: SB 2 (Atkins) More »

REAL ESTATE DOCUMENT TAX REMAINS CONTROVERSIAL

Of the three bills mentioned above, SB 2 remains extremely controversial and is the subject of the most speculation about whether or not it can garner the needed two-thirds vote to pass; at one point this week the L.A. times even ran a story with the screaming headline, “Democrats lack votes to pass key California Housing Bill.” SB 2 is a regressive More »

SUBCONTRACTOR LIABILITY BILL STRONGLY OPPOSED

One bill that continues to move forward that we continue to strongly oppose is AB 1701 (Thurmond; D-Richmond). This bill creates a new private right of action against general contractors for liabilities they did not cause and without providing any notice or ability to prevent the harm. We believe that every worker should be paid promptly. However, under More »

LOCAL INITIATIVE TAX MEASURE DECISION FIX SOUGHT

This week the California Supreme court ruled that local ballot initiatives imposing new taxes for specific purposes only need a simple majority of voters to pass. This decision has rocked many in the state as it shakes the foundation of Proposition 13 and created a gigantic loophole for pro-tax officials to game the system by running a “grassroots” 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 »

STRATEGIC ISSUES CONFERENCE- DECEMBER 7-8 , NAPA, CALIFORNIA

TEN major groups have come together to host an event you don’t want to miss! California Business Properties Association (CBPA), the American Council for Engineering Companies (ACEC), the Building Owners and Managers of California (BOMA CAL), the California Alliance for Jobs (CAJ), the California Building Industry Association (CBIA), the California More »

“THEY’RE BAAAAACK!”

August 25, 2017

The California State Legislature is back from their Summer Recess, tan, rested, and ready, to finish out the final four weeks of the 2017 legislative year. In addition to dealing with hundreds and hundreds of bills, Leadership has announced they are going to focus on a package of bills relating to affordable housing and are looking for ways to spend More »

AFFORDABLE HOUSING ISN’T AFFORDABLE ANYMORE

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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