Weekly E-updates

COMMERCIAL REAL ESTATE CALL TO ACTION – HELP MITIGATE HEAT WAVE Over the weekend, Rex Hime, CBPA’s President and CEO, worked with representatives of Governor Newsom’s office to play ways to try to mitigate energy impacts of our current historic heatwave. Please see the following message, help as you can, and let us know anything we can report back to the Governor showing how our industry is stepping up to help in this current crisis. The Governor’s office shared the following information: * ...

CA JUDICIAL COUNCIL TO END EMERGENCY RULES ON EVICTION Judicial Council Votes to end temporary emergency rules on evictions and foreclosures, September 1. This news is welcome, but with two weeks left in the Legislative Session, will require that we be very vigilant to watch for last minute amendments on this issue impacting your properties.  Additionally, this action does not impact areas where a local ordinance has been adopted. Here is the full statement with links to more information: “’In ...

COVID RE-OPENING “EMPLOYER HANDBOOK” The Governor has released a 32-page handbook to help employers “plan and prepare for reopening their business and to support a safe, clean environment for workers and customers.”  CBPA and other employer groups have been working closely with the Governor’s staff to advise on practical issues related to opening retail, office, and industrial space. The guidebook includes recommendations for all industries, including enforce mask requirements, and handle ...

CBPA MEETS WITH CALIFORNIA ECONOMIC RECOVERY COUNCIL CO-CHAIR STEYER California Business Properties Association continues to work the broader business community to ask the governor and state regulators to take immediate action to help businesses survive the ongoing economic crisis. To date, we have had little to no response from the governor on major issues you have raised and are clearly defined in our recovery plans. The governor has announced that, despite meeting the economic criteria necessary ...

LEGISLATURE RETURNS AFTER COVID-19 RECESS  Both Houses of the California State Legislature delayed the reconvening of session from its short Summer Recess but will return next week to resume activity.  That will give the body just five weeks to complete policy and fiscal hearings, and floor sessions for thousands of legislative measures still eligible for votes.  That process normally takes place over a three-month period. Due to the COVID-19 pandemic, the legislative body had tried to manage ...

LEGISLATURE OUT ANOTHER WEEK DUE TO COVID-19  Both Houses of the California State Legislature have delayed the reconvening of session from its short Summer Recess and have announced they will resume activity a week from Monday, on July 27.  That will give the body just five weeks to complete policy and fiscal hearings, and floor sessions for thousands of legislative measures still eligible for votes.  That process normally takes place over a three-month period. Due to the COVID-19 pandemic, the ...

PROP. 15 WILL KILL PROP. 13  The proposition numbers for November’s election have been released, and the Split Roll Property Tax Measure pushed onto the ballot by public employee unions and far left activists has been numbered Proposition 15. Proposition 15 is aimed directly at you and your business and during one of the worst health crises ever seen, precipitated one of the worst recessions, this measure would enact an $12.5 Billion PER YEAR tax on commercial property in California. Think about ...

On March 19, 2020, Governor Gavin Newsom issued a stay at home order to protect the health and well-being of all Californians and to establish consistency across the state in order to slow the spread of COVID-19. Click here to see the News Release. Click here to read the Governor’s executive order. Click here to learn more about the order. Click here to see the Governor’s address to Californians this evening.  Read More →

The reaction to COVID-19 is fluid and fast.  There are many sources of information out there and until things start to settle down will only send essential updates that impact our industry. To that end, we have created a “COVID-19 Resources” page where we will collect and post information specific to commercial real estate.  We will also link to local and national real estate resource pages.  Click here to view resource page. We hope consolidating this information will help you as you work ...

Earlier this week, Governor Newsom issued an executive order to protect residential and commercial lessors, and homeowners from evictions due to the COVID-19 Pandemic.  We have supported the Governor’s actions as during this time of emergency and stay-at-home orders public safety is the first and foremost concern.  The quicker we get through this emergency the better for all. The Executive Order authorizes local governments to halt evictions, slow foreclosures, and protect against utility shut ...