Posts Tagged ‘CRE’
BOMA/GLA Members Meet with DA Hochman on Prop 36’s Impact
In a powerful show of engagement, nearly 20 BOMA/GLA members sat down with newly elected LA District Attorney Nathan Hochman to discuss Proposition 36.
Read MoreHow Changes in LA’s District Attorney’s Office Affect Crime and Commercial Properties
Los Angeles County District Attorney Nathan Hochman has made big changes—many of which matter to the CRE industry. His “return to normalcy” approach has reversed past policies, brought more consistent prosecutions, and focused on public safety instead of politics.
Read MoreHow California’s $750M Film Tax Credit Boost Can Benefit the CRE Industry
California has voted to keep film and TV production local by expanding its tax credit program to $750 million. For the CRE industry, that means a potential boost in demand for studio space, office rentals, and production-related services across Greater Los Angeles.
Read MoreHow Sudden Trade Tariffs Could Disrupt the CRE Industry
President Trump has shaken up trade talks by sending sudden tariff letters to countries and posting new terms on social media without warning. For commercial real estate professionals, the growing trade instability could raise costs and disrupt tenants, especially those with global supply chains.
Read MoreUnderstanding Federal Funding Cuts and Their Impact on Long Beach CRE
Federal funding cuts are starting to affect important city programs in Long Beach, like public safety, housing, and infrastructure. For commercial real estate professionals, this could mean changes in services and impact the neighborhoods around your properties.
Read MoreBoost Efficiency and Value with AI in Commercial Real Estate
Artificial intelligence is changing how commercial buildings are valued, leased, insured, and upgraded. For property managers and service providers, it means quicker decisions, smoother operations, and better ways to prepare for the future. Check out BOMA/GLA’s upcoming policy briefing discussing AI.
Read MoreLA County Shifts Homelessness Strategy: What the CRE Industry Needs to Know
Los Angeles County has a new leader for its Department of Homeless Services and Housing. For the CRE industry, this could lead to clearer processes, better coordination, and more chances to work with the county on homelessness issues near properties.
Read MoreAB 698: A Safeguard Against Measure ULA-Style Damage in Other Cities
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 MoreAdaptive Reuse Expansion in Los Angeles: Faster Approvals and More Flexibility
The City of Los Angeles’ new Adaptive Reuse Ordinance is taking effect this year, bringing major changes for commercial real estate. Our BOMA/GLA advocacy team has been engaging directly with Mayor Karen Bass’s staff and advocating for our members on multiple issues.
Read MoreWest Hollywood Set to Join Other California Cities Updating Zoning for EV Charging
As California cities move toward zero-emission transportation, West Hollywood is updating its land use rules for commercial areas. The West Hollywood City Council is set to vote on a new rule allowing EV charging sites and stations as a main use in certain commercial areas.
This change could create new opportunities for property owners and managers to update or better use their spaces.
Read More