In October 2025, Governor Gavin Newsom signed into law two bills – SB 79 and AB 1050 – that will significantly influence the landscape for commercial real estate development in California. Both laws take effect in 2026 and are designed …
Topic: Construction & Development
Policy Meets Property: Real Estate Impacts of the “One Big Beautiful Bill”
On July 4, 2025, President Trump signed the sweeping H.R. 1 – known more commonly as the “One Big Beautiful Act”(the “Act”) – into law after being passed in the Senate by a narrow 51-50 vote. The Act is part …
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Tariffs Are Here: What Landlords Need to Know About the Impact on Commercial Leasing
New tariffs on imported construction materials—including steel, aluminum, electrical components, and finish goods—have now gone into effect. For commercial landlords, these tariffs are expected to drive up construction costs, create supply chain delays, and introduce new risks across lease transactions. …
California’s Insurance Wildfire Crisis: A Turning Point for Insurers and Property Owners
With wildfire losses in Southern California now topping $53 billion, the ripple effects across the state’s already fragile insurance industry are undeniable. Property insurance premiums are expected to rise significantly across all of California, with availability options and challenges likely …
Sheetz v. El Dorado County: A Victory Against Overbearing Impact Fees
On April 12, 2024, the U.S. Supreme Court handed down a landmark 9-0 decision in Sheetz v. County of El Dorado. The justices unanimously ruled that certain development impact fees may violate the Fifth Amendment’s prohibition on unconstitutional takings of …
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US Supreme Court Decision May Reshape the Future of Development Impact Fees
Real estate developers across the United States are accustomed to paying fees to municipalities to offset the impacts of a development on the surrounding communities. Developers often take issue with the high cost of these development impact fees. In fact, …
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