HAVE YOUR SAY: MEMBER POLL | |
| If you had to pick, who would you want to meet with by the end of 2025? | | | | KEEPING MEMBERS AT THE FOREFRONT | | |
Safety and preparedness were top of mind this month as members gathered at LA Center Studios for BOMA/GLA’s Active Shooter Preparedness Training. The session equipped attendees with vital tools to safeguard their properties, tenants, and teams.
Participants practiced “Stop the Bleed” techniques, reviewed the “Run-Hide-Fight” response framework, and learned how to identify and report early warning signs.
Special thanks to our expert speakers, engaged members, and the Security and Emergency Preparedness Committee for organizing this important and impactful program.
| | LEGISLATION TO KEEP AN EYE ON | | Fighting for CRE Representation in Measure ULA Reforms | | |
BOMA/GLA achieved a key victory in protecting commercial real estate interests during last-minute negotiations over SB 423. Sacramento lawmakers floated a deal that would have provided limited relief from Measure ULA’s property transfer tax - only for apartment buildings built in the last 15 years - while leaving commercial properties without any benefit.
With strong advocacy from BOMA/GLA and our partners at CBPA and NAIOP-SoCal, we successfully helped prevent revisions to Measure ULA that excluded Class A commercial real estate. Without our collective voice, this bill likely would have passed, cementing bad policy and setting a harmful precedent for future property transfer taxes across Los Angeles County and the state.
Our swift action - supported by valuable feedback from our Government Affairs Committee - ensured that lawmakers understood the need for comprehensive reform, not piecemeal solutions that overlook the broader real estate industry.
This win adds to a positive momentum for BOMA/GLA - demonstrating our ability not only to stop harmful legislation, but also to advance policies that protect and strengthen the commercial real estate sector.
| End of a successful legislative session | | |
BOMA/GLA is proud to support BOMA California and its direct engagement on more than 200, achieving major wins like defeating harmful tax and rent control proposals, as well as pausing costly commercial building code updates.
They also advanced proactive solutions - including clarifying commercial eviction (unlawful detainer) procedures, $100M in Prop 36 retail theft funding, reformed FAIR Plan insurance to make coverage for high-risk properties more accessible, and economic development financing.
Read the full wrap-up for details here.
| | Our six active Regional Councils continue to drive grassroots advocacy, facilitate peer collaboration, and serve as platforms for members to raise local issues. | | |
Join Our Upcoming Westside Happy Hour
Join us for a Westside Region Happy Hour on Wednesday, November 13, 2025, from 4:00–6:00 PM at 1900 Avenue of the Stars, Los Angeles (Anderson Real Estate). Celebrate the year’s end with fellow Westside members and hear the latest insights on local commercial real estate. Don’t miss this chance to network, enjoy drinks, and connect with your industry peers - register now!
| | Our Sustainability Committee hosted a tour of the IRS Demolition Yard. Attendees gained firsthand insight into the sustainable practices and environmental considerations that guide demolition operations, while learning how materials are responsibly processed and repurposed to support LEED certification and broader sustainability goals. | Our Codes and Regulations Committee aims to convene a joint meeting with our Government Affairs Committee to strengthen collaboration with the City Mayor’s Office and LA Department of Building and Safety. | Join our Property Technology Committee on Wednesday, November 19th for Smarter Buildings: How AI and PropTech Drive Value in CRE, a panel exploring how innovation is reshaping the commercial real estate industry. Industry leaders will discuss how technologies like AI-powered HVAC systems, predictive maintenance, EV charging, and access control are improving building performance and reducing operational risks. Discover how PropTech solutions can cut costs, enhance tenant satisfaction, and deliver sustainability benefits with minimal investment. Attendees will walk away with actionable insights and strategies to future-proof their buildings for the next decade. Register here. | | GOVERNMENT AFFAIRS COMMITTEE | | |
Upcoming Panel on Measure ULA and LA Development
Our Government Affairs Committee Chair shared an upcoming event hosted by Hollywood 4WRD examining the impact of Measure ULA. Measure ULA, the so-called “Mansion Tax,” also hits commercial, industrial, and multifamily properties—adding a 4–5.5% tax on sales over $5 million—and has slowed transactions, discouraged investment, and stalled development across Los Angeles. Speakers from United to House LA, the LA Housing Department, Central City Association, and UCLA’s Lewis Center will discuss its impacts. BOMA/GLA members are encouraged to attend and ensure the commercial real estate perspective is heard. Tickets are $20 or free for H4WRD members - register here.
Our Government Affairs Committee (GAC) is actively drafting policy positions on issues that affect commercial real estate, including adaptive reuse and immigration, while engaging with Los Angeles City and County leaders to ensure our industry’s priorities are heard.
As part of this work, GAC is brainstorming BOMA/GLA’s approach to these topics. Ideas under discussion include protecting Class A offices while focusing reuse incentives on older buildings, and ensuring policies don’t force managers to act beyond the law or disrupt building operations.
Engagement with Leadership
After productive meetings with nearly all Los Angeles Citywide and City Council offices, the Government Affairs Committee is now expanding outreach to the Los Angeles County Supervisors. These conversations provide an opportunity to highlight the priorities of the commercial real estate industry, offer expertise, and strengthen relationships with key decision-makers at both the city and county levels.
BOMA/GLA continues to champion policies that protect Los Angeles’ commercial core while partnering with policymakers to promote a resilient, prosperous, and business-friendly region.
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| POLITICAL ACTION COMMITTEE | | |
Congratulations to PAC member Becky Rios, Asset Manager at Edgewood Realty, for being honored as BOMA/GLA’s Advocate of the Year! With over 30 years of industry experience, Becky has championed commercial real estate advocacy through committee leadership, grassroots efforts, and now as Vice President of BOMA California. Her dedication, expertise, and unwavering voice for the industry have made a lasting impact on our association and the CRE community.
Her current work in our Political Action Committee includes prepping for next year’s elections, evaluating candidates, and guiding strategic advocacy efforts that ensure commercial real estate interests are represented at every level of government.
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| BOMA/GLA is advancing policies that strengthen the industry and support our members. Here's how we’re translating our advocacy priorities into meaningful action: | | Priorities in Action: Advancing Economic Development | |
BOMA/GLA is taking action to strengthen Los Angeles’ commercial real estate market. We are advocating for Measure ULA reforms to reduce the 4–5.5% transfer tax on commercial and multifamily property sales over $5 million, which has slowed transactions and discouraged investment. Our members are being invited to engage with City and County leaders, attend panels, and participate in hands-on programs like the Property Technology Seminar on AI and Property Technology driving value in CRE and Active Shooter Preparedness Training, while staying informed on permitting and policies that impact property operations through our Policy Committees.
By combining advocacy, education, and hands-on programs, BOMA/GLA is strengthening the city’s commercial real estate sector and promoting long-term economic development.
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BOMA/GLA’s advocacy remains strong and focused on delivering real solutions for commercial property owners and managers.
Stay informed and engaged by following BOMA on the Frontline and participating in upcoming advocacy events.
Stay informed about the latest advocacy developments and opportunities to take action.
| | BOMA/GLA Advocates Across LA City Council to Advance CRE Priorities | This year, BOMA/GLA has met with every Los Angeles City Council office to ensure the priorities of the commercial real estate industry are understood and considered. Our advocacy focuses on public safety, homelessness, and economic development - issues that affect daily operations, tenant satisfaction, and the overall vitality of Los Angeles business districts. | | | | | Hollywood 4WRD to Host Panel on Measure ULA’s Impact | The nonprofit Hollywood 4WRD is hosting a discussion on Measure ULA and its effect on Los Angeles housing and development. | | | | |
