Tuesday, August 1, 2017

BOMA San Francisco and BOMA California Advocate for the Industry - California Commercial Real Estate Summit 2017

L to R: John Bozeman, BOMA San Francisco, Rebecca Barnes, BOMA Silicon Valley, Joe Markling, former BOMA International Chair and Chief Elected Officer, Kara Roundtree, BOMA Sacramento. Just a few of the many BOMA members and staff from across California who advocated for the industry in Sacramento recently.

The California Commercial Real Estate Summit (CCRES) was held in Sacramento on June 13 – 14, 2017. This event is the one time of year that industry leaders from all sectors of the commercial, industrial, and retail real estate industry converge on California’s Capitol to meet with policymakers. The summit gives BOMA members the opportunity to meet other industry leaders from across the nation, high-level staff from Governor Brown’s Administration, and California State Legislators.

The goal of the California Commercial Real Estate Summit is to increase public policy and political awareness of state issues, and to foster collaborative efforts among business leaders from all sectors of California and their representatives in the State Legislature. 

Thanks to the members of BOMA California, we were successful in advocating for many measures including:
  • The benefits to residential and commercial properties of Proposition 13 and to not support a split-roll measure, whatever form that may take.
    • BOMA San Francisco members lobbied the California State Legislature on this issue and they were receptive to our concerns. 
  • BOMA Supported Solar Mandates 
    • Supporting bills by State Senator Scott Wiener (D - San Francisco) that would affect new construction only and a rebate program to subsidize the cost of batteries to store the energy.
  • Parcel Tax Notification Measure 
    • Supporting measures that requires property owners be notified in a timely manner when a parcel tax measure impacting their property qualifies for a local ballot.
  • The death of the Dual Agency measure
    • Thanks to BOMA California members, a bill that would have required that a building owner and tenant be represented in lease negotiation separately, has been killed. 
The Commercial Real Estate Summit is organized by California Business Properties Association (CBPA), which is the recognized voice of all aspects of the commercial retail industrial real estate industry in California.

Questions? Please email johnb@boma.com.

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