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DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’

DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’

by Phil Hall | Feb 13, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

District of Columbia Attorney General Brian L. Schwalb has filed a civil lawsuit against a family of landlords, claiming they are operating a “slumlord empire” built on a Ponzi scheme foundation. Schwalb cited Ali “Sam” Razjooyan, his brother Eimon “Ray” Razjooyan,...
DC Man Sentenced for Stealing Homes with Fraudulent Deeds

DC Man Sentenced for Stealing Homes with Fraudulent Deeds

by Phil Hall | Jul 22, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A District of Columbia resident was sentenced to 11.5 years in prison for his role a scheme where stolen residential property was used to generate more than $850,000 in fraudulent loans. According to the charges brought against him, Jeffrey M. Young-Bey Young-Bey...
Senate Approves RFK Stadium Transfer from Federal to DC Government

Senate Approves RFK Stadium Transfer from Federal to DC Government

by Phil Hall | Dec 23, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The saga over the fate of Robert F. Kennedy (RFK) Memorial Stadium took another turn this weekend as the US Senate unanimously voted to approve legislation that transferred the ownership of its land from the federal government to the District of Columbia for a 99-year...
George Washington University Blames Endowment’s Decline on DC Real Estate Market

George Washington University Blames Endowment’s Decline on DC Real Estate Market

by Phil Hall | Oct 7, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The endowment for George Washington University was down by $200 million during the second quarter of this year, with Chief Financial Officer Bruno Fernandes blaming the decline on the value of the District of Columbia’s real estate market. The GW Hatchet reported...
Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region

Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region

by Phil Hall | Sep 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of active listings in the Mid-Atlantic region totaled 37,340 at the end of August, up 21.4% year-over-year, according to new data from Bright MLS. This represented a 2.06-month supply regionwide. Sales activity last month was more robust in the Mid-Atlantic...
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