Transfer Taxes
Mayoral 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 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 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 MoreThe Unintended Consequences of Measure ULA for the CRE IndustryÂ
A new report from UCLA highlights how Measure ULA is affecting Los Angeles’s real estate market.
Read MoreLos Angeles Mayor Karen Bass Considers Suspending Measure ULAÂ
Mayor Karen Bass is considering a temporary pause on Measure ULA.
Read MoreCommercial Revenue Trends Under Measure ULAÂ
The City of Los Angeles has released updated revenue data from Measure ULA, shedding light on its impact on the commercial property sector.
Read MoreWhy Measure ULA Is Holding Back LA’s Real Estate MarketÂ
When Measure ULA was introduced, it was marketed as a way to tax luxury properties and fund affordable housing. Instead of delivering on that promise, the tax has contributed to a slowdown in property sales and raised concerns about the future of the real estate market in Los Angeles.
Read MoreLong Beach Considered Transfer Tax to Shore Up Revenue
Long Beach City Council was presented with revenue options to compensate for declining oil tax revenues.
Read More