Legislation
LA County Moves to Streamline Film Permits, Opening Doors for CRE GrowthÂ
The LA County Board of Supervisors just approved a plan to speed up film permits and grow the industry, which could mean more filming, tenants, and investment for local commercial properties.
Read MoreBOMA/GLA Members Meet with DA Hochman on Prop 36’s ImpactÂ
In a powerful show of engagement, nearly 20 BOMA/GLA members sat down with newly elected LA District Attorney Nathan Hochman to discuss Proposition 36.
Read MoreClean LA Buildings Ordinance: What Commercial Property Managers Need to Know About Proposed New Retroactive RulesÂ
The Los Angeles City Council’s Clean LA Buildings ordinance, effective in 2023, may soon be applied retroactively to require some buildings permitted before 2023 to meet all-electric standards.
Read MoreHow California’s $750M Film Tax Credit Boost Can Benefit the CRE IndustryÂ
California has voted to keep film and TV production local by expanding its tax credit program to $750 million. For the CRE industry, that means a potential boost in demand for studio space, office rentals, and production-related services across Greater Los Angeles.
Read MoreHow Sudden Trade Tariffs Could Disrupt the CRE Industry
President Trump has shaken up trade talks by sending sudden tariff letters to countries and posting new terms on social media without warning. For commercial real estate professionals, the growing trade instability could raise costs and disrupt tenants, especially those with global supply chains.
Read MoreUnderstanding Federal Funding Cuts and Their Impact on Long Beach CRE
Federal funding cuts are starting to affect important city programs in Long Beach, like public safety, housing, and infrastructure. For commercial real estate professionals, this could mean changes in services and impact the neighborhoods around your properties.
Read MoreAB 698: A Safeguard Against Measure ULA-Style Damage in Other CitiesÂ
Measure ULA (LA transfer tax) ended up slowing property sales, driving away investment, and raising less money than expected. AB 698 would help prevent this in other cities by requiring a public report before any new transfer tax is proposed, making sure decisions are based on facts and real impacts.
Read MoreGovernor Newsom Signs Budget: What It Could Mean for the CRE IndustryÂ
Governor Gavin Newsom has signed the state budget that promises to invest in housing, education, health care, and public safety.
This budget includes key changes that could impact how the CRE industry plans, operates, and invests.
How AB 649 Could Make ADA Compliance Harder for the CRE IndustryÂ
AB 649 aims to update California’s disability access laws and the Small Business Right to Cure Program. While intended to support compliance, recent changes could backfire—creating more legal risk, more paperwork, and fewer protections.
Read MoreLong Beach Approves Minimum Wage Increase for Tourism WorkersÂ
The Long Beach City Council has approved a minimum wage increase for tourism workers. This will include those working at the Long Beach airport, Convention Center, Queen Mary, and the upcoming amphitheater.
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