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Tag: measure ula

Bass asks LA City Council to roll back ULA for Palisades victims

October 10, 2025October 10, 2025 · Los Angeles, California Local News

Pacific Palisades residents could be in for relief from Measure ULA as Angeles Mayor Karen Bass presses the City Council to move forward on a temporary pause of…

Read more Bass asks LA City Council to roll back ULA for Palisades victims

Los Angeles approves plan to spend nearly $425 million in ‘mansion tax’ money

July 2, 2025August 24, 2025 · Real Estate

The Los Angeles City Council on Tuesday approved a plan to spend nearly $425 million collected from Measure ULA, directing the money to a series of affordable housing…

Read more Los Angeles approves plan to spend nearly $425 million in ‘mansion tax’ money
Commercial property sales in LA County spiral down 18%

Commercial property sales in LA County spiral down 18%

October 10, 2024October 10, 2024 · Los Angeles, California Local News

Commercial property sales across greater Los Angeles have hit the bottom of the bucket, with office and industrial sales falling through the hole. Commercial sales in Los Angeles…

Read more Commercial property sales in LA County spiral down 18%
California Supreme Court to Rule on Anti-ULA Ballot Measure

California Supreme Court to Rule on Anti-ULA Ballot Measure

April 26, 2024April 27, 2024 · Los Angeles, California Local News

The California Supreme Court will take up the constitutionality of a November ballot measure that would kill the voter-approved “mansion tax,” or Measure ULA, in Los Angeles. The…

Read more California Supreme Court to Rule on Anti-ULA Ballot Measure
Former Santa Monica Mayor Campaigns to Amend Transfer Tax

Former Santa Monica Mayor Campaigns to Amend Transfer Tax

April 1, 2024April 2, 2024 · Los Angeles, California Local News

Pam O’Connor, the former mayor of Santa Monica, filed a proposal with the city on March 28 seeking to exclude multifamily properties from Measure GS, or the so-called…

Read more Former Santa Monica Mayor Campaigns to Amend Transfer Tax
Residential Brokers Discuss Sales After Measure ULA

Residential Brokers Discuss Sales After Measure ULA

April 1, 2024April 1, 2024 · Los Angeles, California Local News

Though Measure ULA has disproportionately affected the commercial industry, agents who sell the top 1 percent of real estate in the city of Los Angeles have also taken…

Read more Residential Brokers Discuss Sales After Measure ULA
The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market

The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market

April 1, 2024April 1, 2024 · Real Estate

One year ago, Los Angeles’ “mansion tax” took effect. It has either been a godsend or an absolute disaster, depending on who you ask. The transfer tax, formally…

Read more The year of the ‘mansion tax’: Hundreds of millions raised, but a chill to L.A.’s luxury market
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