On Nov. 3, 2020, voters will decide about the California Schools and Local Community Funding Act, which will end Prop 13 protection for most of California’s commercial real estate.
This voter initiative, if passed, will require all California commercial real estate — with some exceptions — to be assessed at current market value.
Read MoreDeciding how to hold title to a property is very important and more than just a simple decision. Make sure you understand it or seek professional help if you’re not sure how to do it properly.
Read MoreCoronavirus has had devastating effects on all businesses, but the hospitality industry, including restaurants, cafes, and bars, has suffered the most consequences. This is why the state of California has decided to provide help with a new bill in order to avoid mass closings. However, the landlords of these properties may not be so pleased with the new bill if it passes.
Read MoreIt is obvious that the pandemic is changing work conditions radically and permanently, but what does it mean for real estate? On the one hand, less office space will be needed as some companies switch to remote workers, and others close their business down. On the other hand, social distancing demands will create needs for even bigger office spaces.
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