Management Services
Newsom’s Budget Snub of Prop 36 Raises Concerns Over Retail Crime and Property Management
Prop 36, which voters strongly supported last year, boosts penalties for repeat retail theft and fentanyl dealers and requires drug treatment for some nonviolent drug offenders. Even though law enforcement and the state’s attorney general want funding for Prop 36, Newsom’s budget doesn’t include any.
Read MoreFilm-Friendly LA: What Mayor Bass’s Executive Order Means for CRE Professionals
Los Angeles Mayor Karen Bass has signed an executive order to make it easier and cheaper to film in the city. The goal is to keep entertainment jobs in LA and support the local film and TV industry.
Read MoreWhat LA’s Revised Budget Means for Public Safety and City Services Near Your PropertiesÂ
The Los Angeles City Council approved a revised $13.95 billion budget that avoids the deepest job cuts but still reduces funding for key city services, especially public safety.
Read MoreBOMA/GLA Attends Revive 2025: BOMA Pacific Southwest ConferenceÂ
Last week, BOMA/GLA staff attended the Revive 2025 BOMA Pacific Southwest Conference, joining professionals from across the region for a day of learning, connection, and celebration.
Read MoreWestside CRE Watch: From Santa Monica Self-Certification to SB 789
Over a dozen Westside Regional BOMA/GLA members gathered at Tishman Spyer’s Zo Lounge (special thanks to our friends Amal Higier and Frank Gaugler for the space) in beautiful Beverly Hills for a Happy Hour and information sharing session update on the state of commercial real estate on the westside.
Read MoreMayor Bass Proposes Major Cuts to Close Budget Gap—CRE Industry Could Feel the Effects
Los Angeles is facing a nearly $1 billion budget deficit for the upcoming fiscal year, and Mayor Karen Bass is proposing 1,647 layoffs along with several department consolidations to close the gap.
Read MoreHow Trump’s Tariffs Could Disrupt the CRE IndustryÂ
President Donald Trump’s tariffs have received a lot of news coverage, but what do they mean for the CRE industry?
Read MoreLA Wildfire Recovery: Expert Recommendations for Faster RebuildingÂ
ULI Los Angeles, UCLA Ziman Center, and USC Lusk Center have released a helpful guide to help LA recover from wildfires.
Read MoreDowntown LA CRE Leaders Convene for Regional Roundtable & Building TourÂ
The Downtown Los Angeles Regional Council recently gathered for an engaging roundtable discussion and tour of Manulife Plaza at 515 S Figueroa Street, a premier office tower in the heart of Downtown LA.
Read MoreStudy Reveals Economic and CRE Impacts of the 2025 WildfiresÂ
The 2025 Palisades and Eaton fires caused major damage to properties and the economy.
A new study conducted by the Los Angeles County Economic Development Corporation (LAEDC) reveals the wildfire’s extensive impact on property owners, businesses, and the economy.
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