Protecting Property Tax

Industry Veterans Co-Chair Task Force To Fight Threats In California

As threats emerge in 2020, Self Storage Association (SSA) members in California who are looking for options to support the self-storage industry in Sacramento can seek leadership advice from two seasoned professionals.

“We are excited to announce today that Brian Caster, of Southern California’s A-1 Self Storage, and Ken Nitzberg, of Northern California’s Devon Self Storage, will co-chair the association’s task force seeking to ensure a thorough, effective process in the face of an unprecedented need for industry unity and involvement next year,” SSA President & CEO Tim Dietz and Chairman Don Clauson of San Diego’s Strat Properties said in a joint statement.

According to a press release from the SSA, the ballot measures that could eliminate the financial incentives that have sustained real estate investments for decades are particularly troubling. This includes the proposed changes to the 1978-established Proposition 13, which has ensured fair property assessment treatment since its inception.

“All California property owners should appreciate the sense of urgency that Ken and I feel about this latest benchmark moment that would negatively impact our industry moving forward,” says Caster, president & CEO of Caster Properties. “Prop. 13 has encouraged a healthy real estate environment for decades and should not be adjusted now.”

“Our state has done enough damage to the economy with the most oppressive tax structure in the country,” adds Nitzberg, CEO of Devon Self Storage. “I look forward to working with Brian and the rest of the task force to help the self-storage industry do our part.”

The task force will be made up of California operators, including representatives of the SSA and the California Self Storage Association. For additional information and/or to participate with these initiatives, contact Erin King at eking@selfstorage.org or (951) 848-4812.