Management Services
Essential Earthquake Safety Strategies for Property Managers
The recent South Pasadena earthquake highlights Southern California’s ongoing seismic risk. It’s essential to understand these risks and take proactive steps to protect your properties and tenants. Read this guide for more information.
Read MoreLearning About the Importance of Property TechnologyÂ
Last week BOMA/GLA hosted a Property Technology seminar titled “Future-Proofing Your Property: Budgeting for PropTech Advancements in 2025 and Beyond.” The turnout was fantastic, with CRE professionals engaging in lively discussions about the challenges and opportunities in property technology.
Read More2024 Operating Benchmark Report is Now AvailableÂ
We’re excited to announce that the 2024 Operating Benchmark Report is now available! For the second year in a row, taxes and insurance are the top building expenses.
Read MorePotential Expansion of LA County Board of Supervisors Â
The Los Angeles County Board of Supervisors has approved creating an ordinance, that if approved by voters it would increase the number of supervisors from five to nine. Each supervisor currently represents about 2 million people. The expansion would reduce this to about 1 million per district.
Read MoreLA County Supervisors Unanimously Move to Explore New Small Business Lease Rules
The Los Angeles County Board of Supervisors has unanimously passed a motion to analyze commercial rents in the county.
Its motion would also explore new regulations for those who lease to small businesses and non-profits.
This motion is a first step toward more interference in commercial leasing. And it will further burden an industry that is still trying to recover.
Empowering Property Managers: Your Guide to Strategic PropTech InvestmentsÂ
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 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 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 MoreCalifornia Legislature Releases Joint Budget
Leaders from both California legislative chambers have introduced a joint budget prior to the July 1st deadline.
Read MoreParticipate in BOMA/GLA’s Operating Benchmark Report Survey!
We have launched a new survey to gather information that will provide valuable insights for building owners and managers. The Operating Benchmark Report will show the average costs for running a commercial property in Greater LA.
The report is a comprehensive survey that covers a wide range of operating expenses, such as utilities, maintenance, insurance, and taxes.
It will provide invaluable data to property owners and managers. But only if you participate!