Commercial Real Estate expert Dan Garcia will be discussing the proposed changes to Prop 13 at the next Cypress Chamber of Commerce Networking Breakfast on Tuesday, February 11th at the Residence Inn by Marriott at 4931 Katella Avenue starting at 7:30 a.m.
Dan is based in Seal Beach and has been a real estate practitioner since 2000 concentrating on Retail, Commercial and Industrial property. He will explain what the impacts are to a proposed “split-roll” modification to Prop 13, originally passed in 1978. The ballot measure that would modify Prop 13 is planned for 2020 to will increase the tax rates to commercial property owners. Dan has researched how that change will impact rents, sales and product pricing for business owners and how that might affect consumers and the business climate in Southern California.
As a real estate expert, Dan has a broad knowledge of all asset classes, including Land, Office, Retail, Industrial, Multi-family and Business Opportunity, and has closed transactions in all of them.
Reservations are recommended for the monthly breakfasts and can be made directly on the Cypress Chamber website at cypresschamber.org. For more information call 714 484-6015. Cost of the breakfast is $20 in advance or $25 for nonmembers or those who do not register in advance.
Attendees are also encouraged to bring a door prize to promote their product or service. The programs include a meet and greet time, self-introductions, breakfast, speaker and a question and answer session if time permits.
The Chamber breakfasts, which are open to the public, are held on the second Tuesday of each month all year round.
Courtesy photo
Dan Garcia is expected to explain to the Cypress Chamber what revisions in Prop 13 could mean to the business community.