Market Trends
Mayor 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 MoreDTLA Alliance Report Reveals Trends Shaping Downtown’s Comeback
The DTLA Alliance has released its 2025 Outlook & Insights Report, highlighting Downtown LA’s current trends and outlook.
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 MoreWeWork Files For Bankruptcy… What Happened?
WeWork has officially filed for bankruptcy following 13 years of transforming the co-working office space.
Read MoreWhat You Need to Know About the Actor’s Stike
Following the writer’s strike earlier this year, the union representing actors has announced a strike, shutting down production of all television and music.
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!
Writers Guild of America Members Begin Strike
Writers Guild of America union members have officially begun a strike after not being to complete a deal with the Alliance of Motion Picture and Television Producers.
Read MoreWriters Guild of America Votes to Authorize Strike
Members of the Writers Guild of America union have voted to go on strike if a deal with the Alliance of Motion Picture and Television Producers is not reached by May 1st.
Read MoreHow to Keep Up Amid Industry Change
In the fast-evolving commercial real estate industry, staying current on the latest trends and issues impacting your business is no easy feat—especially in these unprecedented times. With so many pandemic-accelerated changes on the horizon, how can today’s property professionals keep up with …
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