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ARTICLE · 04 JANUARY 2018

West Coast Real Estate Update: December 28, 2017

Proposition 13, which was approved in California 40 years ago, could potentially be up for debate in 2018.

United StatesReal Estate and Construction

Susan Booth, Douglas Praw and Andrew Starrels are Partners, Stephanie DeHerrera, Daniel Dow and Ashley Jason are Associates and Geoffrey Geddes is a Public Finance Project Manager in the Los Angeles office

Stacie Goeddel and Robert Haight Jr are Partners and Jacqueline Win is an Associate in the San Francisco office

George Gregores and Mel Weinberger are Partners and Chris Gregores is an Attorney in the Portland office

New California Ballot Initiative Targets Proposition 13 Tax Limit for Corporate Properties

Proposition 13, which was approved in California 40 years ago, could potentially be up for debate in 2018. A ballot initiative that was recently proposed and is supported by a handful of activist groups removes Proposition 13's restrictions on reassessments and tax increases for commercial and industrial real properties.

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