LA Time Article – L.A.’s luxury real estate market freezes, putting ‘mansion tax’ funds in limbo

L.A.’s luxury real estate market freezes, putting ‘mansion tax’ funds in limbo

Maher Commercial Realty is quoted in LA Times story on the Measure ULA tax that took effect on April 1, 2023. While we are supportive of the affordable housing movement and do believe that the non-profits being allocated property tax funds will use those funds to do good work, we don’t believe that the harm that ULA will cause will outweigh the good. Please read the article here, and if you find it noteworthy, please share it: https://www.latimes.com/california/story/2023-05-05/l-a-s-luxury-market-freezes-putting-measure-ula-funds-in-limbo

Oron Maher

About the Author

Oron Maher

Founder & Broker-Director, Maher Commercial Realty

Oron Maher is the Founder and Broker-Director of Maher Commercial Realty, a Beverly Hills commercial real estate brokerage serving Greater Los Angeles and Southern California. A licensed California broker and attorney, he has completed more than $500 million in commercial transactions across multifamily, retail, office, industrial, and net lease, advising owners, investors, and institutions on acquisitions, dispositions, leasing, and investment strategy.

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