Hollywood 2.0 (H20) is changing how Hollywood approaches mental health care. It offers community-based services for people facing mental illness and homelessness.
Continue ReadingGovernor Newsom signed a retail theft bill package that will help make public safety in and around our buildings a priority.
The BOMA/GLA Board of Directors is endorsing Homelessness, Drug Addiction, and Theft Reduction Act to also aid in this endeavor. The measure will appear as Prop. 36 on your November Ballot.
Continue ReadingLast week, BOMA/GLA joined forces with other commercial real estate groups at the California Commercial Real Estate Summit (CCRES) in Sacramento.
We took the opportunity to speak directly with lawmakers about critical bills impacting our industry.
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.
Continue ReadingMayor Karen Bass accepted the Olympic flag at the Paris closing ceremony. This “passing of the torch” signifies LA is ready to take on the Olympics and Mayor Bass explains how.
Continue ReadingAfter being presented with four tax options, the Long Beach City Council voted to place a removal of the Utility Users Tax (UUT) exemption on the November ballot.
Now, Long Beach voters will decide the fate of the new tax proposal.
The legislature is back from its summer recess, and the fate of the remaining legislation will be determined in the next four weeks.
While we are following numerous bills, two stand out as particularly damaging for our industry: AB 2354 and SB 1103.
The Revitalizing Downtowns and Main Streets Act (RDMA), introduced by Representatives Jimmy Gomez (CA-34) and Mike Carey (OH-15), aims to solve two problems: empty commercial spaces and the housing shortage.
Continue ReadingLast 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.
Continue ReadingWe’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.
Continue ReadingOpinions expressed in this article are those of the author and do not necessarily represent the positions of BOMA Greater Los Angeles. For media inquiries and questions about BOMA/GLA's policy positions, please email [email protected]. You can also find additional information about our policy positions on our website.