Hits and Misses for the Real Estate Week of March 10-14

by Phil Hall | Mar 14, 2025 | Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 10-14. Hit: DEI is DOA. Kudos to Housing...

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

by Phil Hall | Mar 10, 2025 | Commercial Real Estate News, Current News & 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...

Rep. Maxine Waters Demands Emergency Hearing Over HUD Layoffs

by Phil Hall | Feb 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Rep. Maxine Waters (D-CA), the Ranking Member of the House Financial Services Committee, is demanding an emergency hearing to examine layoffs at the Department of Housing and Urban Development (HUD). In a letter to the Committee’s chairman, Rep. French Hill (R-AR),...

A Phil Hall Op-Ed: 60 Minutes vs. DOGE vs. CFPB

by Phil Hall | Feb 24, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Silly me, I thought that “Saturday Night Live” was the only stale survivor from distant generations still wasting time and energy on the television schedule. But then I watched Sunday’s segment of “60 Minutes” on the Consumer Financial Protection...

AI-Produced Video of Trump Kissing Musk’s Feet Broadcast at HUD HQ

by Phil Hall | Feb 24, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Televisions monitors within the Department of Housing and Urban Development (HUD) headquarters were hacked earlier today to play an artificial intelligence-produced video that depicted President Trump rubbing and kissing Elon Musk’s feet. The Hill reports the video...