Subscribe
Home Commercial California Lawmakers Push Forward with $5 Per Square Foot Commercial Vacancy Tax Proposal
CommercialFeaturedFinanceIndustry News

California Lawmakers Push Forward with $5 Per Square Foot Commercial Vacancy Tax Proposal

May 7, 20253 Mins read821
Share
statue of lady justice
Photo by Tingey Injury Law Firm on Unsplash
Share

California State Senator Caroline Menjivar introduced Senate Bill 789 (SB-789) earlier this year, proposing what would be the state's first commercial vacancy tax. The controversial legislation aims to combat prolonged vacancies in commercial real estate while generating revenue for first-time homebuyer assistance programs. The bill, introduced on February 21, 2025, has been steadily moving through […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
brad-PcXZtTcRNvY-unsplash-chick fil a Previous post New Construction Chick-fil-A in Placentia Hits Market for $9.73MM

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

data center servers

Manchester Weighs 400-Megawatt Data Center for Navy’s 70-Acre NAVWAR Campus in San Diego’s Midway District

ByOctober 23, 2026
apartment building

E&S Ring Lands $95.8MM Voya Refinancing for 1,461-Unit Southern California Apartment Portfolio

October 23, 2026
Los Angeles Aerial Wilshire Blvd Condos and Apartments

LA County Large-Apartment Sales Jump 44% to $3.3 Billion as Per-Unit Pricing Slips to $357,085

October 23, 2026
Sunset Boulevard

Galaxy Holding Trades Entitled Art Deco Hotel for 27-Story, 239-Unit Tower at 6409 Sunset Blvd. in Hollywood

October 23, 2026
Trucks by warehouse

Blackstone’s Logistics Leasing Jumps 45% as Warehouses Shield Q3 Real Estate From Rate Shock

October 23, 2026
Downtown Los Angeles Arts District

Fully Entitled 1000 S. Mateo St. Site Hits Market in Arts District With Plans for 106 Live-Work Condos and 120,000 SQFT of Commercial Space

October 23, 2026
Related Articles
apartment building
FinanceIndustry NewsInland EmpireLos AngelesResidential

E&S Ring Lands $95.8MM Voya Refinancing for 1,461-Unit Southern California Apartment Portfolio

Family-owned E&S Ring Management has rolled six Southern California apartment communities, from...

ByOctober 23, 2026
Los Angeles Aerial Wilshire Blvd Condos and Apartments
FeaturedFinanceIndustry NewsLos AngelesResidential

LA County Large-Apartment Sales Jump 44% to $3.3 Billion as Per-Unit Pricing Slips to $357,085

Investors have put $3.3 billion into Los Angeles County apartment properties of...

ByOctober 23, 2026
Sunset Boulevard
AECIndustry NewsLos AngelesResidential

Galaxy Holding Trades Entitled Art Deco Hotel for 27-Story, 239-Unit Tower at 6409 Sunset Blvd. in Hollywood

A decade after R.D. Olson Development first set out to replace a...

ByOctober 23, 2026
AECHospitalityIndustry NewsLos Angeles

339-Room Holiday Inn in Torrance Wraps Multi-Million-Dollar Overhaul as South Bay Hotels Bet on Super Bowl, Olympics

Holiday Inn Los Angeles Gateway – Torrance has finished a two-year, property-wide...

ByOctober 23, 2026
© Copyright 2007 - 2025 Mighty Dot Media. All rights reserved.