While the police marvelled at the low number of active militants, locals fretted over decisions that incentivise the entry of outsiders and the Pandit community found itself at odds with the BJP.
Last month Los Angeles voters approved Measure ULA, imposing a new tax on all real property sales or transfers over $5 million. This will affect all parties involved in a real property transaction, and it is important to understand the implications of the measure before negotiating on a new project. My colleague David Tabibian, partner in JMBM’s Real Estate Department and Global Hospitality Group®, explains the initiative and its potential impact below.