Posts Tagged ‘california’
Showing Up for CRE: From City Hall to Sacramento
This week, BOMA/GLA members and partners will come together at the Hollywood Bowl for one of our biggest events of the year. But BOMA at the Bowl does more than bring our industry together – it helps support BOMA/GLA’s advocacy work throughout the year.
Read MoreEl Niño Is Strengthening: Is Your Building Ready?
Southern California property teams should start preparing now for what could be an unusually active winter storm season.
NOAA currently has an El Niño Advisory in effect and says El Niño is strengthening, with a greater than 90% chance of a very strong event during this fall and winter. While El Niño does not guarantee that Southern California will experience extreme rainfall, a stronger event increases the potential for typical El Niño impacts.
For commercial buildings, preparation shouldn’t wait until rain is in the forecast.
BOMA at the Bowl: Fueling the Advocacy That Protects CRE
If you’ve been following BOMA/GLA’s advocacy lately, you know there’s a lot happening across Greater Los Angeles. In just the past few weeks, BOMA/GLA has been working to protect the commercial real estate industry from policies that could increase costs, restrict property operations, or set precedents for other cities.
Read MoreBOMA/GLA Permitting Reform Clears Legislature After Sacramento Advocacy
BOMA/GLA Permitting Reform Clears Legislature After Sacramento Advocacy Permitting, State Legislation BOMA/GLA-backed permitting reform is one step closer to becoming law—and our members helped get it there. AB 2418, legislation co-sponsored by BOMA/GLA to address lengthy commercial permitting delays, has officially passed the California Legislature and is headed to the Governor’s desk. The milestone comes…
Read MoreOne Tax Falls Short as Others Head to November Ballot
A proposed Long Beach parcel tax that could have placed a significant new cost on commercial and industrial properties will not appear on the November ballot. However, other parcel tax measures across the region are moving forward.
Read MoreBuilding Safety Starts With Strong Local Partnerships
Keeping a commercial property safe takes more than what happens inside the building. Strong relationships with Business Improvement Districts (BIDs), community organizations, and other local partners can give property teams additional resources when challenges arise.
Read MoreBOMA/GLA Lands in Sacramento to Advocate for CRE
This week, our members are stepping away from their buildings and businesses to bring the voice of Greater Los Angeles commercial real estate directly to state lawmakers. That matters because legislators need to hear more than statistics- they need to hear from the people who experience the impact of state policy every day.
Read MoreBOMA at the Bowl Supports Our Advocacy Year-Round
This week, BOMA/GLA members are heading to Sacramento with us to do something important: tell lawmakers directly what California’s policies mean for the people who own, manage, and operate commercial buildings.
Read MoreWhy Commercial Property Insurance Is Changing in California
Commercial property insurance is becoming one of the biggest challenges facing California building owners. Higher risks from wildfires and earthquakes, along with fewer insurance companies willing to write policies, are changing how buildings are insured across the state. As a result, owners and managers are facing higher costs, more questions during renewals, and greater pressure to reduce risk.
Read MoreCalifornia’s Film Industry Is Growing Again!
California’s expanded Film and Television Tax Credit Program is already making a major impact. State officials recently announced that the program’s first year is expected to generate a record-breaking $6.6 billion in economic activity and support nearly 35,000 jobs across California. For our members, this is more than entertainment news. It is a sign that one of Southern California’s most important industries is growing again and that growth could bring new opportunities for commercial real estate.
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