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BlackRock Acquires Panama Canal Ports for $23 Billion

BlackRock Acquires Panama Canal Ports for $23 Billion

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

In one of the largest real estate deals in Central America real estate, BlackRock Inc. (NYSE: BLK) is spending $22.8 billion to purchase majority stakes in ports on both sides of the Panama Canal. The Wall Street Journal reports BlackRock, its new infrastructure arm...
Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability

Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability

by Phil Hall | Mar 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) sent a letter to the Trump administration seeking a review of 32 federal programs, rules and regulations at 10 different agencies that may impede the creation of new rental...
CFPB Employees Claim Trump Wants to Reduce Agency to 5 Employees

CFPB Employees Claim Trump Wants to Reduce Agency to 5 Employees

by Phil Hall | Feb 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Employees of the Consumer Financial Protection Bureau (CFPB) are claiming the Trump administration is planning to fire nearly all of the agency’s 1,700 employees in a three-phased strategy. According to a CNBC report sourced from testimony given by the agency’s...
HUD Rescinds Obama-Era Fair Housing Rule

HUD Rescinds Obama-Era Fair Housing Rule

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A fair housing rule that was enacted during the Obama administration, then rescinded in the first Trump administration, then restored in the Biden administration, has been rescinded again by the second Trump administration. Department of Housing and Urban Development...
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, Current News & 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...
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