The Trump administration has terminated the federal government’s lease agreement with the nonprofit National Links Trust (NLT) for three public golf courses in Washington, DC. The lease took effect in October 2020 and was designed to run 50 years, with the NLT tasked...
The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
Washington Lt. Gov. Denny Heck has put forth a unique proposal to address the state’s housing shortage – repurpose vacant strip malls and big box stores as housing. The state’s 2025 operating budget assigned Heck the task of identifying the possibility of using...
FBI Director Kash Patel announced his agency has finalized the relocation from its longtime headquarters in the J. Edgar Hoover Building in Washington, DC. Last July, the agency announced it was relocating to Ronald Reagan Building complex in Washington. On Dec. 26,...
As we prepare to tuck 2025 into the history books, let’s take a look back at the year to highlight some of the Hits and Misses that dominated the real estate industry. Hit: The Property Tax Revolt. The year’s biggest story, by far, was the spontaneous eruption of...
