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LA’s $1 Billion Budget Deficit and Its Impact on the CRE Industry 

March 24, 2025
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Assessment Roll 2021 Assessor Prang

Los Angeles is facing a nearly $1 billion budget deficit for the new fiscal year.

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BOMA/GLA Engages with State Leaders at CBPA Board Meeting & Legislative Luncheon 

March 21, 2025
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Our BOMA/GLA Government Affairs Director attended the California Business Properties Association (CBPA) Board Meeting and All-Star Awards Legislative Luncheon in Sacramento this week, joining industry leaders and policymakers for discussions on commercial real estate legislation at the state level and locally.

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Los Angeles Mayor Karen Bass Considers Suspending Measure ULA 

March 18, 2025
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Mayor Karen Bass is considering a temporary pause on Measure ULA.

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DTLA Alliance Report Reveals Trends Shaping Downtown’s Comeback

March 17, 2025
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industry trends

The DTLA Alliance has released its 2025 Outlook & Insights Report, highlighting Downtown LA’s current trends and outlook.

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2025 LA Marathon Road Closures 

March 14, 2025
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The 2025 LA Marathon is happening Sunday, March 16th. This will bring thousands of runners and spectators to LA’s streets. People should expect road closures that could impact building operations.

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Proposed Price Gouging Law: What It Could Mean for the CRE Industry 

March 11, 2025
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Newsom Eviction Moratorium

Assembly Bill 380 seeks to modify Penal Code Section 396 by imposing stricter limits on price increases after declared emergencies. This can include prices of essential goods and services. However, the bill also wants to place a limitation on rent increases for both residential and commercial properties after a declared emergency.

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Long Beach CRE Leaders Gather for Insightful Tour & Discussion with Long Beach City Council Member  

March 10, 2025
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The Long Beach/South Bay Regional Council led by Ana Wood and Justin Monteleone recently gathered for an informative tour and discussion alongside Long Beach City Councilmember Mary Zendejas (who represents the coastal district) and the Long Beach Chamber of Commerce.

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Governor Newsom Orders State Employees Back to the Office 

March 7, 2025
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governor newsom

Governor Newsom ordered state agencies to require at least four in-office days per week starting July 1, 2025.

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Wildfire Preparedness & Fire Life Safety: What Property Managers Need to Know 

March 4, 2025
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LAFD Test Fire

Wildfires and other fire-related emergencies pose a significant risk to commercial properties. Understanding fire life safety protocols is crucial for protecting tenants, employees, and assets.

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BOMA/GLA Sustainability Committee Hosts Successful LEED 5 Seminar  

March 3, 2025
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The Sustainability Committee hosted an engaging seminar to help our members prepare for the transition from LEED v4.1 to LEED v5.

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Opinions expressed in this article are those of the author and do not necessarily represent the positions of BOMA Greater Los Angeles. For media inquiries and questions about BOMA/GLA's policy positions, please email [email protected]. You can also find additional information about our policy positions on our website.