DAUMCAST

Join us as we discuss the leading market trends in times of a pandemic with Carlo Samson Senior E.V.P. of CA Statewide CDC, and how it's affecting the commercial real estate world.

A podcast provided by DAUM Commercial Real Estate ServicesDAUM is committed to perpetual improvement, reinvesting our profits in experienced leadership, state-of-the-art technology and superior market data to help achieve our vision of becoming the recognized leader in creative real-estate solutions. With this podcast we will explore the world of Commercial Real Estate. We hope you enjoy our knowledge of all things CRE and Market Trends!FIND OUT MORE: https://daumcommercial.com/about-daum/about-us/

Key Takeaways“What these proposals do, is eliminate, for commercial property, the limitation on annual increases in taxable value."“Commercial and industrial property would be reassessed on a continuing basis and the legislative analyst has projected that that would cost business owners and owners of industrial property 12 billion dollars a year.”“Most small businesses in California rent their commercial property and most of those leases are NNN leases so the tax liability that is imposed on the property owner will automatically flow through to small businesses…”