The tumult facing the office property sector is impacting the U.S. government, as a new report from the U.S. Government Accountability Office (GAO) has identified widespread vacancies across federal properties. During the first quarter of this year, the GAO surveyed...
Boston Mayor Michelle Wu has unveiled a program offering tax incentives that will encourage the conversion of downtown office buildings into residential housing. According to an Associated Press report, the program will accept applications through June 2024 and...
Fidelity Investments Canada ULC is partnering with Brookfield Asset Management (NYSE: BAM) on an endeavor where Brookfield will invest in and manage a newly formed portfolio of “high quality” Canadian real estate assets on behalf of Fidelity. According to the...
Brittain Resorts & Hotels (BRH), a full-service hospitality management company in the Southeast, has recruited Christy Jernigan as chief development officer. Jernigan has more than 20 years of industry experience, most notably serving as the vice president of...
A new effort is underway in Congress to relocate the headquarters of the FBI from Washington, D.C., to Hunstville, Alabama. The Wall Street Journal reported that House Judiciary Committee Chairman Jim Jordan (R-OH) is planning to attach a provision to the upcoming...
Walker & Dunlop Inc. (NYSE:WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory firm, announced that Howard W. Smith III will retire as president and a member of the board of directors on Jan.1, 2024. Upon his retirement, Smith’s...
FHFA’s Pulte to Relinquish Intelligence Chief Role on Aug. 3
