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Vote “No” on Proposition 15

Vote No On Proposition 15 Several of my clients requested me to provide them with further information on the opposition to Proposition 15. Proposition 15, the “California Schools and Local Community Funding Act of 2020,” which is commonly referred to as the Split Roll Initiative, will be on the November 3, 2020 California ballot. Proposition 15 would Read More

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15 Reasons to Vote “No” on Proposition 15

15 Reasons to Vote “No” on Proposition 15 California Split Roll Initiative 2020 The effects of COVID-19 have had a drastic negative impact on California businesses, jobs and the economy. The Independent Restaurant Coalition estimates that up to 85% of independent restaurants may close permanently by the end of the pandemic. An analysis performed by Read More

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Proposition 15 The “Split Roll” Initiative Deep Dive – Pinch Your Nose, It Stinks

Proposition 15 The “Split Roll” Initiative Deep Dive – Pinch Your Nose, It Stinks Proposition 15, the “California Schools and Local Community Funding Act of 2020” will be on the California ballot in November.  If Proposition 15 is approved by a simple majority of California voters, Proposition 15 would amend the California Constitution and Proposition Read More

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California Senate Bill 939 Dead for Now; Split Roll Initiative Challenge Looms

California Senate Bill 939 Dead for Now; Split Roll Initiative Challenge Looms On June 18, 2020, the California Senate Appropriations Committee voted to continue to hold SB 939 in suspense. The result is that SB 939 will not advance to the Senate for a vote. SB 939 was successfully opposed by commercial property owners and real estate Read More

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The Undermining of Prop 13: Q&A with Rex Hime of California Business Properties Association On the Split Roll Initiative

I recently interviewed Rex Hime on the split roll tax ballot initiative and the negative impacts on California commercial, industrial, retail and office properties, if approved by voters in November 2020. Rex Hime is the President and Chief Executive Officer of California Business Properties Association (CBPA).  Since 1972, CBPA has served as the legislative and Read More

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What You Need to Know: California Split Roll Initiative Commercial and Industrial Property Tax Increase

California Split Roll Initiative Commercial and Industrial Property Tax Increase Q&A with Herb Tyson of the International Council of Shopping Centers The split roll proposal recently qualified as an initiative on the California ballot to be voted on in November 2020. Although split roll is described by its proponents as “tax reform,” it is really Read More

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Split Roll Initiative: Turbulent Times for California Commercial, Industrial, and Office Real Estate

Split Roll Initiative: Turbulent Times for California Commercial, Industrial, and Office Real Estate  (This is the first installment in a series of blogs examining the impact on commercial and industrial real estate of the split roll initiative that is qualified for the November 2020 ballot in California.)  The “split roll” initiative is a looming threat Read More

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Important Lease Issues for a Retail Tenant to Consider

What do I need to know before leasing retail space in California? A client recently requested me to provide a summary of the primary issues of concern to a tenant leasing space for a retail use in a shopping center or mall. Although this is not an exhaustive analysis of all of the issues involving Read More

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