Posts by Advocacy Staff
Understanding the Threat of SB 789’s Vacancy Tax to Commercial Real EstateÂ
SB 789 (Menjivar; D-Van Nuys) now includes a commercial property vacancy tax that could heavily impact property owners/managers, tenants, and the economy.
Read MoreDowntown LA CRE Leaders Convene for Regional Roundtable & Building TourÂ
The Downtown Los Angeles Regional Council recently gathered for an engaging roundtable discussion and tour of Manulife Plaza at 515 S Figueroa Street, a premier office tower in the heart of Downtown LA.
Read MoreStudy Reveals Economic and CRE Impacts of the 2025 WildfiresÂ
The 2025 Palisades and Eaton fires caused major damage to properties and the economy.
A new study conducted by the Los Angeles County Economic Development Corporation (LAEDC) reveals the wildfire’s extensive impact on property owners, businesses, and the economy.
Read MoreLA’s $1 Billion Budget Deficit and Its Impact on the CRE IndustryÂ
Los Angeles is facing a nearly $1 billion budget deficit for the new fiscal year.
Read MoreBOMA/GLA Engages with State Leaders at CBPA Board Meeting & Legislative LuncheonÂ
Our BOMA/GLA Government Affairs Director attended the California Business Properties Association (CBPA) Board Meeting and All-Star Awards Legislative Luncheon in Sacramento this week, joining industry leaders and policymakers for discussions on commercial real estate legislation at the state level and locally.
Read MoreLos Angeles Mayor Karen Bass Considers Suspending Measure ULAÂ
Mayor Karen Bass is considering a temporary pause on Measure ULA.
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 More2025 LA Marathon Road ClosuresÂ
The 2025 LA Marathon is happening Sunday, March 16th. This will bring thousands of runners and spectators to LA’s streets. People should expect road closures that could impact building operations.
Read MoreProposed Price Gouging Law: What It Could Mean for the CRE IndustryÂ
Assembly Bill 380 seeks to modify Penal Code Section 396 by imposing stricter limits on price increases after declared emergencies. This can include prices of essential goods and services. However, the bill also wants to place a limitation on rent increases for both residential and commercial properties after a declared emergency.
Read MoreLong Beach CRE Leaders Gather for Insightful Tour & Discussion with Long Beach City Council Member Â
The Long Beach/South Bay Regional Council led by Ana Wood and Justin Monteleone recently gathered for an informative tour and discussion alongside Long Beach City Councilmember Mary Zendejas (who represents the coastal district) and the Long Beach Chamber of Commerce.
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