Latest News

• ABOUT NO ON PROP 15 - STOP HIGHER PROPERTY TAXES AND SAVE PROP 13
• CONGRESS AND THE LEGISLATURE
• ALL THE RESULTS
• CBPA 2021 CALENDAR

• PROP 15 – CA’S $11B SPLIT ROLL PROPERTY TAX – DEFEATED!

• PROP 15 DEFEATED BY CALIFORNIA VOTERS

• ELECTIONS NOVEMBER 2020!
• PROPOSITION 15 – SPLIT ROLL PROPERTY TAX – UPDATE!
• PROPOSITION 21 – RENT CONTROL – VICTORY!
• CONGRESS AND THE LEGISLATURE
• ALL THE RESULTS
• CBPA 2020/2021 CALENDARS

• 12 DAYS TO GO! TELL FRIENDS TO DEFEAT SPLIT ROLL PROPERTY TAX
• TAKE ACTION TO DEFEAT PROP 15!
• NO ON PROPOSITION 15 VIDEO ADS
• PLEASE CONTRIBUTE TO NO ON PROP 15 NOW!
• EVERYONE PAYS MORE FOR FOOD UNDER PROP. 15
• ABOUT NO ON PROP 15 - STOP HIGHER PROPERTY TAXES AND SAVE PROP 13
• PROPOSITIONS IN NOVEMBER
• CBPA 2020/2021 CALENDARS

The NAIOP SFBA Government Affairs Committee (GAC) has put together the following update for our members to stay informed about California State and San Francisco Bay Area local legislation. In addition to our Chapter's ongoing relationship with CBPA, which tracks legislation at the State level, New Deal Advisers teams with us to monitor and report on local Bay Area policies that affect commercial real estate.

• 19 DAYS TO GO! DONATE TO DEFEAT SPLIT ROLL PROPERTY TAX
• LATEST NO ON PROPOSITION 15 AD
• TOM STEYER JOINS FACEBOOK TO PUSH PROP 15
• LA TIMES SHREDS PROP 15
• WSJ: A BALLOT MEASURE WOULD REPEAL THE BUSINESS HALF OF LEGENDARY PROP. 13
• REX HIME: FUTURE IS BRIGHTER WITHOUT PROP 15
• PROPOSITIONS IN NOVEMBER
• CBPA 2020/2021 CALENDARS

• PROPOSITIONS IN NOVEMBER
• TENANT AND LANDLORD RESOURCES WEBSITE
• SBA PROPOSES SMALL BUSINESS SIZE STANDARD REVISIONS
• PRIORITY BILLS SIGNED BY THE GOVERNOR
• PRIORITY BILLS VETOED BY THE GOVERNOR
• AGENCIES CONSIDERING UPDATE TO EV CHARGING REGULATIONS
• CBPA 2020 CALENDAR

• PROP 15: “NO. 1 TARGET ON THE BALLOT MAY BE A CLOSE CALL”
• ENERGY EFFICIENCY BILL INTRODUCED IN CONGRESS
• PRIORITY BILLS SIGNED BY THE GOVERNOR
• PRIORITY BILLS VETOED BY THE GOVERNOR
• AGENCIES CONSIDERING UPDATE TO EV CHARGING REGULATIONS
• ENERGY COMMISSION WORKSHOP ON PROPOSED COMMERCIAL SOLAR MANDATE
• CBPA 2020 CALENDAR

Join NAIOP SFBA in taking action and oppose Prop I, the proposed increase to the San Francisco City real estate transfer tax on the November 2020 ballot.

• Increases transfer tax from 2.75% to 5.5% on property valued at $10 - $25M
• Increases tax rate from 3% to 6% on property valued at >$25M
• Directs tax revenue toward a general fund held by the City

Example of potential impact on San Francisco office building valued > $25M:

• Average office building price per square foot is approx. $800-$1,000/SF
• New additional transfer tax levy would be approx. $24-$30/SF

• DISTORTIONS AND OUTRIGHT LIES CALL SPOKESPERSON’S VERACITY INTO QUESTION
• GOVERNOR EXTENDS ABILITY FOR LOCAL COMMERCIAL EVICTION MORATORIUMS
• GOVERNOR EXECUTIVE ORDER PHASES OUT NEW GASOLINE CARS BY 2035
• AGENCIES CONSIDERING UPDATE TO EV CHARGING REGULATIONS
• ENERGY COMMISSION WORKSHOP ON PROPOSED COMMERCIAL SOLAR MANDATE
• BILLS AWAITING GOVERNOR’S ACTION
• CBPA 2020 CALENDAR

The Real Estate Challenge, NAIOP SFBA’s version of the Big Game, is a real estate development competition between legendary rivals Stanford University and the University of California, Berkeley (Cal). The unique program is designed to give graduate students hands-on experience in real estate development. Teams are charged with devising and successfully pitching a solution to a complex real-world real estate problem. Participants embark on an intensive ten-week journey in which they engage with a large number of project sponsor representatives and city officials as well as real estate industry professionals for guidance and mentoring along the way. The COVID-19 pandemic raised the bar even higher on this year’s competition necessitating all presentations be conducted online.

NAIOP SFBA hosted an extremely important Zoom-In Webinar: How Will Prop 15 Impact California Commercial Real Estate, on Thursday, September 17th. The program featured Rex Hime, President and CEO of the California Business Properties Association (CBPA) which provides legislative advocacy for NAIOP in Sacramento. Hime explained the impact of Prop 15 which, if passed, will remove Prop 13’s property tax protection and will result in the largest property tax increase in history. He also provided an update on the work of the No On Prop 15 Campaign, a diverse bi-partisan coalition, and urged NAIOP members to get involved, NoOnProp15.org.