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HUD Delays Biden’s Energy Codes Implementation for 6 Months

HUD Delays Biden’s Energy Codes Implementation for 6 Months

by Phil Hall | Mar 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has announced a six-month delay in the implementation of the mandatory energy codes initiated by the Biden administration. The delay will push back the compliance dates for adopting the 2021 International Energy...
CVS to Open 12 Mini-Stores Focused on Pharmacy Services

CVS to Open 12 Mini-Stores Focused on Pharmacy Services

by Phil Hall | Mar 10, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CVS Health (NYSE: CVS) planning to open a dozen mini-stores that only provide full-service pharmacies with a limited retail component. The Wall Street Journal reports the new stores will be on average less than 5,000 square feet, or less than half the size of the...
SBA to Relocate Regional Offices Out of 6 Sanctuary Cities

SBA to Relocate Regional Offices Out of 6 Sanctuary Cities

by Phil Hall | Mar 10, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The US Small Business Administration (SBA) announced plans to relocate regional offices from six cities that enforce sanctuary city policies. In a press statement, the SBA stated its regional offices in Atlanta, Boston, Chicago, Denver, New York City, and Seattle will...
Elon Musk’s xAI Buys 1 Million SF Facility in Memphis

Elon Musk’s xAI Buys 1 Million SF Facility in Memphis

by Phil Hall | Mar 10, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk’s artificial intelligence company xAI has acquired a 1 million-square-foot facility in Southwest Memphis, Tennessee. The acquisition follows xAI’s announcement from last December that it planned to expand the “Colossus” supercomputer facility it...
Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’

Maui Mayor: ‘Housing Remains One of the Most Pressing Challenges’

by Phil Hall | Mar 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The rebuilding effort from the Maui wildfires of August 2023 continues to be a test for the devastated section of Hawaii, but Mayor Richard Bissen insists progress will be made. Island News reports Bissen’s 2025 State of the County Address highlighted the resolve to...
Ex-Central Banker Mark Carney Succeeds Justin Trudeau as Canada’s Prime Minister

Ex-Central Banker Mark Carney Succeeds Justin Trudeau as Canada’s Prime Minister

by Phil Hall | Mar 9, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mark Carney, who served as governor of the Bank of Canada from 2008 to 2013 and governor of the Bank of England from 2013 to 2020, has succeeded Justin Trudeau as Prime Minister of Canada. Members of Canada’s governing Liberal Party elected Carney this evening on the...
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