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What CRE Needs to Know Before the 2026 Primary Election 

Prop. 15 deadline

California’s June 2, 2026 Primary Election includes major state, county, and local races that will shape the business environment across Greater Los Angeles. For commercial real estate, issues like public safety, homelessness, permitting, taxes, infrastructure, and economic competitiveness continue driving many of the conversations surrounding this election.

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Industry Input Helps Drive LA Permitting Reform Directive

Split Roll tax

Los Angeles Mayor Karen Bass has issued a new Executive Directive to streamline permitting across the City, including changes that impact commercial real estate. This matters for our members because it reflects the exact issues we raised with the Mayor’s Office and LADBS, showing that our voices are being heard and helping shape what comes next.

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November Ballot Initiative Could Reshape Measure ULA

A new statewide ballot measure that could significantly limit local real estate transfer taxes, including Los Angeles’ Measure ULA, has officially qualified for the November 2026 ballot. This matters for our members because it could reshape the future of ULA, influence transaction activity, and create opportunity in how deals are structured across the region.

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LA Lighting Assessment Raises Cost Concerns for CRE

Split Roll tax

The City of Los Angeles is moving forward with a proposed street lighting assessment that will go to a vote of property owners in the coming weeks. City officials recently presented details directly to BOMA/GLA’s Government Affairs Committee—an important opportunity to better understand how this proposal could impact commercial properties and costs moving forward.

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Mayoral Race Highlights Divide on Measure ULA

LA City Hall

Los Angeles’ first mayoral debate offered an early look at where candidates stand on key issues shaping the city’s future—including the ongoing debate over Measure ULA and its impact on development. For our members, this matters because decisions around transfer taxes, housing policy, and development incentives will directly influence investment, leasing activity, and the overall health of the commercial real estate market.

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City Council Approves Measures to Simplify Film Permitting in L.A.

LA City Hall

Los Angeles leaders are taking new steps to make it easier to film in the city, aiming to address a sharp decline in local production and the economic ripple effects it has across the region. For commercial real estate professionals, these efforts matter because film and television production directly drives demand for office space, staging areas, support services, and activity in surrounding business districts.

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