Budgeting
Don’t Miss Our CAMS Intro Course!
Common Area Maintenance (CAM) reconciliations are one of the fundamental responsibilities for commercial property teams — and yet many newer professionals find the process confusing, time-consuming, or overwhelming. What exactly goes into CAM reconciliations? How does lease language impact recoveries? Where do common mistakes happen, and how can you avoid them? If you’ve ever asked these questions, then the CAMS Intro Course on Thursday, January 29, 2026 is an event you won’t want to miss.
Read MoreUnderstanding CAM Reconciliations: A Must-Know Skill for Property Managers
If you’re looking to build confidence and strengthen your understanding of CAM reconciliations, we encourage you to attend BOMA/GLA’s upcoming CAMS Workshop on Thursday, January 29th. This hands-on training is designed to help property professionals better understand the CAM process, key terminology, and best practices—giving you tools you can immediately apply to your day-to-day work.
Read MoreAvoid Costly CAM Mistakes: A Practical Course for CRE Professionals
Common Area Maintenance (CAM) reconciliations are a core responsibility for commercial property managers—but for newer team members, the process can be complex, time-consuming, and high-risk if done incorrectly. That’s why BOMA Greater Los Angeles is offering the CAMS Intro Course, a practical training designed to build confidence and competence from the ground up.
Read MoreMayor Signs LA Budget: More LAPD Recruits, But Service Cuts Remain
Mayor Karen Bass signed the budget on Friday and announced a deal with the City Council to bring back LAPD hiring.
Read MoreLearning About the Importance of Property TechnologyÂ
Last week BOMA/GLA hosted a Property Technology seminar titled “Future-Proofing Your Property: Budgeting for PropTech Advancements in 2025 and Beyond.” The turnout was fantastic, with CRE professionals engaging in lively discussions about the challenges and opportunities in property technology.
Read More2024 Operating Benchmark Report is Now AvailableÂ
We’re excited to announce that the 2024 Operating Benchmark Report is now available! For the second year in a row, taxes and insurance are the top building expenses.
Read MoreBenchmark Report Survey Deadline Extended!
The Operating Benchmark Report survey deadline is extended to June 21st.
This comprehensive survey covers various operating expenses, such as utilities, maintenance, insurance, and taxes.
Read MoreLA Budget Impacts on CRE
Los Angeles Mayor Karen Bass and the City Council recently approved a $12.8 billion budget for the 2024-2025 fiscal year. Budget cuts affecting staffing might lead to delays in permitting and inspections for commercial real estate projects, which could also affect security measures.
Read MoreCalifornia Legislature Releases Joint Budget
Leaders from both California legislative chambers have introduced a joint budget prior to the July 1st deadline.
Read MoreParticipate in BOMA/GLA’s Operating Benchmark Report Survey!
We have launched a new survey to gather information that will provide valuable insights for building owners and managers. The Operating Benchmark Report will show the average costs for running a commercial property in Greater LA.
The report is a comprehensive survey that covers a wide range of operating expenses, such as utilities, maintenance, insurance, and taxes.
It will provide invaluable data to property owners and managers. But only if you participate!