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Hits and Misses for the Real Estate Week of Feb. 24-28

Hits and Misses for the Real Estate Week of Feb. 24-28

by Phil Hall | Feb 28, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The CFPB changes its mind, two different approaches to EV charger installations and an eggs-cellent home selling approach. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 24-28. Hit: Reining in the Litigation: This week,...
Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer

Report: 13% of GSA’s Real Estate Shop Workforce Takes Deferred Resignation Offer

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

Approximately 725 employees of the General Services Administration’s (GSA) Public Buildings Service, the real estate shop that operates as the federal government’s landlord, have accepted the “deferred resignation” offer from the Office of Personnel Management....
Electric Vehicle Chargers to be Turned Off at Federal Buildings

Electric Vehicle Chargers to be Turned Off at Federal Buildings

by Phil Hall | Feb 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The General Services Administration (GSA) has ordered the turn off the electric vehicle (EV) chargers at federal buildings. According to combined media reports, the GSA sent an email to federal agencies announcing the decision, noting the chargers were no longer...
Report: Trump Administration Plans to Sell San Francisco Office Property Named for Nancy Pelosi

Report: Trump Administration Plans to Sell San Francisco Office Property Named for Nancy Pelosi

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

A federal office building in San Francisco that was named in honor of former House Speaker Nancy Pelosi in December is reportedly being considered for sale by the Trump administration. Fox News reports the 18-story Nancy Pelosi Federal Building, formerly known as the...
Elon Musk’s DOGE Terminates Leases on 22 Federal Properties

Elon Musk’s DOGE Terminates Leases on 22 Federal Properties

by Phil Hall | Feb 4, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Elon Musk-run Department of Government Efficiency (DOGE) announced the termination of nearly two dozen leases on federal properties. In an X posting on Sunday evening, DOGE announced, “In the past 6 days, the number of lease terminations of underutilized buildings...
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