We're kicking off our ballot initiative spotlight series with Proposition 2, the school facilities bond measure.

This $10 billion bond measure is aimed at funding repairs and upgrades for thousands of K-12 school and community college buildings across California. Under this plan, K-12 schools will receive $8.5 billion, while $1.5 billion will be allocated to community colleges. This measure would encourage much needed development in California and enhance our state's economic competitiveness.  

You can learn more about the November 5th ballot propositions and our industry's positions here.

Don't miss special guest speaker Ashley Zavala at the California Commercial Real Estate Summit! She is the California Capitol Correspondent at KCRA 3 News, and a proven news breaker who has been the first to report many developments out of the state capitol.

Next Tuesday is the last day to register.

See you in Sacramento August 13th-14th!

Governor Newsom has released an executive order on adaptive reuse/office conversion in an effort to lower costs and encourage the production of more affordable infill housing.

The commercial real estate industry supports adaptive reuse efforts when they make sense as a means to obtain the best value and use of property. CBPA is leading an adaptive reuse workgroup which will be reviewing the executive order. Our industry is supporting adaptive reuse bills currently in the legislative process, which are featured on our top ten bill list.

For more information or to provide any feedback, please contact Matthew Hargrove at mhargrove@cbpa.com.

The newly formed Supply Chain Council was recently spotlighted by Freight Waves, highlighting their official launch in Newark, NJ last Wednesday. CBPA is pleased to partner with the Council and support their push for more domestic infrastructure investment to safeguard the supply chain. 

Supply chain issues remain a key issue for CBPA and our industry, as a co-chair of the Goods Movement Alliance and now in partnership with the Supply Chain Council. Josh Wood, CEO of the Supply Chain Council joined the CBPA Board of Directors for a productive discussion on critical supply issues at our board meeting in May. We look forward to continued partnership to address our common interests.

Join us at the Segerstrom Center for the Arts, the dazzling new location for CBPA's Industry Awards Dinner! You'll be taken on a guided tour prior to the start of the event and will catch up with peers over bites and beverages.

Next, you'll be treated to our refreshed event program as we honor deserving individuals and organizations - including some exciting new award categories. Save the date for November 7th!