Taxes
Help Shape Measure ULA Reform — We Need Your Input
Los Angeles City leaders are actively discussing potential reforms to Measure ULA—and the outcome will directly impact commercial real estate across our region. We have a real opportunity to influence these conversations, but we need your input now.
Read MoreMayoral Race Highlights Divide on Measure ULA
Los Angeles’ first mayoral debate offered an early look at where candidates stand on key issues shaping the city’s future—including the ongoing debate over Measure ULA and its impact on development. For our members, this matters because decisions around transfer taxes, housing policy, and development incentives will directly influence investment, leasing activity, and the overall health of the commercial real estate market.
Read MoreCampaign Seeks New Parcel Tax on Long Beach Ballot
A group of labor unions and housing advocates is trying to put a new parcel tax on the November ballot in Long Beach. If voters approve it, the tax would mostly fall on commercial and industrial properties—meaning it could directly increase costs for building owners and managers.
Read MoreA Proposed Sales Tax Increase Could Affect Businesses Across LA County
The Los Angeles County Board of Supervisors recently voted to place a temporary half-cent sales tax increase on the ballot to help fund public healthcare services. While the measure is aimed at addressing a budget gap, it could also affect consumer spending and tenant performance across the region’s commercial properties.
Read MoreWhat Measure ULA’s $1B Milestone Means for Property Owners and Managers
Measure ULA has officially passed $1 billion in revenue. This milestone renews concerns about reduced deal activity, higher transaction costs, and slowed reinvestment. As debate over exemptions, legal challenges, and a possible 2026 ballot measure continues, the impacts of ULA remain highly relevant to our members.
Read MoreProposed Parking and Vacancy Taxes Spark Concern in Commercial Real Estate
Los Angeles City Council is moving quickly on two major tax proposals that could have significant consequences for commercial properties: a Parking Occupancy Tax (POT) increase and a new Vacancy Tax.
Read MoreHollywood 4WRD to Host Panel on Measure ULA’s ImpactÂ
The nonprofit Hollywood 4WRD is hosting a discussion on Measure ULA and its effect on Los Angeles housing and development. Given ongoing concerns about how this tax discourages investment, delays transactions, and hinders development across Los Angeles, this discussion is especially relevant for our members.
Read MoreBOMA/GLA Advocates for Industrywide Solutions to Measure ULAÂ
In the final week of the session, Sacramento lawmakers floated a deal on SB 423 that would have eased Measure ULA taxes for some apartments but left commercial properties with no relief. The bill ultimately did not move forward, but the effort signals what may return next year.
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 MoreSB 789 Vacancy Reporting Mandate Defeated
SB 789 has been defeated in the Senate Appropriations Committee.
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