By the Numbers – Broad Engagement Across Office, Industrial, and Retail Real Estate
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CBPA Challenges New Bill Proposing Commercial Rent Control In Emergencies
AB 380 (Gonzalez; D-Los Angeles) would impose strict controls on price increases of essential goods and services, limiting rent increases to 10% in declared emergencies. While well intentioned, AB 380 goes too far by imposing commercial rent control, interfering with private contracts, and putting property-based
On June 17, 2024, San Jose Councilmember Omar Torres introduced a memo proposing to increase Measure E transfer taxes. The proposed rates were
On March 19, 2024, San Jose City Council directed staff to explore additional funding mechanisms for operations and maintenance of City parks and to explore placing a measure on the November ballot to
On May 14, 2024, the Mountain View City Council unanimously voted to draft a Property Transfer Tax revenue measure for the November ballot, aiming to increase the property transfer tax that has remained unchanged since its adoption in 1973.
This decision followed the approval