CBPA offers its heartfelt support to all those impacted by the wildfires causing significant hardship in the Los Angeles area. The safety of our members, loved ones, and communities is of utmost importance. If you’re interested in contributing to the relief efforts, you may wish to support the California Fire Foundation Wildfire and Disaster Relief Fund or the American Red Cross Disaster Relief Fund.

Join Us for a Special Lunch to Welcome New Legislators

Join commercial real estate industry leaders as we welcome our newly elected legislators and celebrate some of Sacramento’s all-star lawmakers.

You won't want to miss this opportunity to connect with peers and state representatives in a stunning 15th floor venue overlooking the Capitol!

Click here for more information.

Mark Your Calendars - CBPA's Signature Events

Tuesday, August 26 - Wednesday, August 27, 2025

California Commercial Real Estate Summit

Sacramento


Thursday, November 6 - Friday, November 7, 2025

West Coast Strategic Issues Conference

San Diego

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In Case You Missed It: CBPA Co-Hosts Prop 36 Kickoff

The passage of Proposition 36 represents one of the most significant milestones in California’s criminal justice reform history. Last month, CBPA partnered with the California District Attorneys Association to host a pivotal implementation meeting at Ovation Hollywood. This event convened over 100 professionals from the commercial real estate sector, law enforcement, and various other stakeholders to strategize on the next steps in bringing Prop 36 to life.

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Check Out CBPA's 2024 Annual Report

With 2025 upon us, we’re taking a moment to reflect on 2024. CBPA’s Annual Report offers a snapshot of the year—highlighting the year’s accomplishments, the challenges faced, the events hosted, and the work done to support our industry and members.


A huge thank you to all our members from the CBPA Board of Directors and staff. Your commitment, involvement, and support are what empower us to advocate boldly for our industry in Sacramento. Together, we’re making an impact!

VIEW REPORT

Governor Newsom Proposes Balanced 2025-26 Budget

Governor Gavin Newsom has declared that the state is on track to achieve a "modest" budget surplus in 2025 after two consecutive years of deficits. Unveiling his $322.2 billion budget proposal this week, Newsom assured that the plan avoids both cuts to core programs and tax hikes, as stakeholders begin to react to the details.

 

The brighter fiscal outlook is attributed to a $16.5 billion surge in state tax revenues, driven by strong stock market performance and investment returns. Additionally, the proposal includes $17 billion drawn from reserve funds.


Newsom will formally present the budget to the legislature on Friday, with lawmakers and the governor facing a June deadline to finalize details.

GOVERNOR'S ANNOUNCEMENT

Resources On New Laws Impacting Commercial Real Estate

The 2024 legislative session led to numerous new laws impacting the commercial real estate industry. CBPA has created fact sheets to help keep you informed on new laws. These legislative summaries include:

  • AB 98 - Warehouse Development Restrictions
  • SB 1103 - Commercial Lease Mandates
  • AB 2364 - Janitorial Regulations
  • AB 2904 - Industry Sponsored Zoning Notice Bill
  • And more!


While these summaries outline the significant provisions and implications of the new laws, it is not intended to serve as legal advice. Members are encouraged to consult with legal counsel for specific guidance on compliance on new laws.

MORE INFO

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