Skip to content

New Parcel Taxes Could Raise Costs. Join Our Member Town Hall.

Two proposed parcel taxes on the November 3 ballot could bring new annual expenses to commercial properties in Pasadena and Culver City. Join BOMA/GLA’s virtual Member Town Hall on Wednesday, October 21, from 1–2 p.m. to learn about potential costs, campaign updates, and ways to respond before Election Day. Registration is complimentary for all membership types.

Read More

BOMA/GLA Acts Early on LA County’s “Soft Rent Control” Proposal

When a policy could impact commercial real estate, BOMA/GLA works to make sure our industry’s voice is heard before decisions are made. The Los Angeles County Board of Supervisors is considering a new Commercial Tenant Protections Motion that could function as a form of “soft rent control” for commercial properties. As written, the proposal could create new licensing and reporting requirements, restrict rent increases in certain circumstances, require relocation payments, and add hurdles for redevelopment projects.

Read More

New Culver City Parcel Tax Measure Heads to November Ballot

Culver City

The Culver City City Council has voted to place a new parcel tax measure to support public schools on the November ballot. If approved by voters, it could significantly increase costs for commercial property owners. The measure would apply a $0.48 per building square foot annual parcel tax on all real estate parcels, including commercial properties, for the next 10 years.

Read More