Latest News

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  2024 California Legislation Session Recap

  The legislative session ended Saturday, August 31st with a handful of successes and two major blows to the commercial real estate industry. The last-minute gut-and-amend bill AB 98 (Carrillo; D-Palmdale and Reyes; D-San Bernardino), which restricts warehouse development, passed the Legislature despite heavy opposition. The commercial lease mandate bill SB 1103 (Menjivar; D-Van Nuys) also passed by one vote in each house, despite our industry's efforts opposing the bill. We will now shift our focus toward advocating for a veto on both bills by Governor Newsom, who will have until September 30th to sign or veto bills. 

  • Date: 9/9/2024
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  How Smart Building Technology Can Help Decarbonize Your Building and Reduce Operational Costs

  BOMA International has published their latest guide, giving pointers on managing a smart building and boosting efficient sustainability. Learn more today!  

  • Date: 9/5/2024
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  BOMA International: Mid-Year 2024 U.S. Commercial Real Estate Outlook is Mixed Bag

  BOMA International - Halfway through 2024, the U.S. commercial real estate industry is showing signs of both optimism and cautiousness. While the fundamentals for the multifamily, retail and industrial sectors remain solid, experts say there are also headwinds including escalating office vacancies, higher-for-longer interest rates, and global political uncertainty including the upcoming elections and the Russia-Ukraine war. 

  • Date: 8/26/2024