Posts by Advocacy Staff
Empowering Property Managers: Your Guide to Strategic PropTech Investments
Are you ready to future-proof your property and stay ahead of the curve in 2025 and beyond? Join us for “Future-Proofing Your Property: Budgeting for PropTech Advancements in 2025 and Beyond,” an essential seminar for commercial real estate professionals. Whether you’re a property manager, owner, or service provider, this event is tailored to help you navigate the fast-paced world of property technology.
Read MoreNavigating the New Workplace Violence Prevention Mandate
California’s new law against workplace violence goes into effect July 1st, 2024. Senate Bill 553, now incorporated into the California Labor Code, requires that all employers in California create a Workplace Violence Prevention Plan (WVPP).
Read MoreCalifornia Supreme Court Removes Taxpayer Protection Act from the November Ballot
The California Supreme Court voted to remove the Taxpayer Protection and Government Accountability Act (TPA) from the November ballot. TPA aimed to reinstate the two-thirds majority vote requirement for new taxes and grant voters the authority to approve or reject new and increased taxes.
Read MoreKey Rebates and Incentives for Commercial Properties
California’s frequent droughts have led to incentives from agencies like the Metropolitan Water District (MWD) and the LA Department of Water and Power (LADWP).
Read MoreAligning LA Commercial Properties with the New Zero Emissions Benchmark
The U.S. Department of Energy (DOE) has released a national definition for “zero emissions buildings” to guide the real estate industry in cutting carbon emissions.
Read MoreBenchmark Report Survey Deadline Extended!
The Operating Benchmark Report survey deadline is extended to June 21st.
This comprehensive survey covers various operating expenses, such as utilities, maintenance, insurance, and taxes.
Read MoreNew CALGreen Requirements for EV Charging Infrastructure in Commercial Buildings
Starting July 1, 2024, the California Green Building Code (CALGreen) requires commercial buildings to have EV charging infrastructure installed when doing certain construction projects.
Read MoreLA Budget Impacts on CRE
Los Angeles Mayor Karen Bass and the City Council recently approved a $12.8 billion budget for the 2024-2025 fiscal year. Budget cuts affecting staffing might lead to delays in permitting and inspections for commercial real estate projects, which could also affect security measures.
Read MoreBOMA International Fights for Federal Support of CRE Friendly Policies
BOMA International fights for laws and policies that help the U.S. commercial real estate industry at the federal level.
Read MoreLA Metro Responds to Rise in Crime
A pilot program in North Hollywood is testing new ideas for LA Metro to invest in, while the Metro Board votes to boost security on their transit lines. The system will begin testing a “Tap to Exit” program requiring riders to verify their paid fare as they leave the system. A recent report showed that most incidents on Metro are caused by those who do not have a valid fare. More will need to be done, but the status quo is unacceptable.
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