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Voice of America’s DC HQ Listed for Sale

Voice of America’s DC HQ Listed for Sale

by Phil Hall | May 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Washington, DC headquarters of the Voice of America is the latest federal property on the list for “accelerated disposal.” Bloomberg reports the property, formally known at the Wilbur Cohen Federal Building, is located south of the National Mall and two blocks...
Terreno Realty Corporation Acquires Washington Industrial Property for $9.3 Million

Terreno Realty Corporation Acquires Washington Industrial Property for $9.3 Million

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

Terreno Realty Corporation (NYSE:TRNO) has acquired an industrial property in Redmond, Washington, for approximately $9.3 million. The 1.5-acre property consists of one industrial distribution building containing approximately 33,000 square feet with two dock-high and...
Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme

Judge Declares Washington State Real Estate Investment Firm Ran a Ponzi Scheme

by Phil Hall | Oct 21, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A federal judge ruled that the Bellevue, Washington-based real estate investment firm iCap defrauded hundreds of real estate investors through a Ponzi scheme. The Seattle Times reported Chief Judge Whitman Holt made the finding about iCap in bankruptcy court...
Hoax Letters Claim Biden is Seizing Private Property for Migrant Housing

Hoax Letters Claim Biden is Seizing Private Property for Migrant Housing

by Phil Hall | Jun 7, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Residents of Edmonds, Washington, have been receiving hoax letters on the letterhead of the city government announcing their property is being seized to shelter illegal immigrants. The letters begin with this warning: “Upon the Biden administration’s suspending...
Frank T. Pallotta Joins Mortgage Policy Advisors as a Principal Advisor

Frank T. Pallotta Joins Mortgage Policy Advisors as a Principal Advisor

by Phil Hall | Apr 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Longtime mortgage banking executive and two-time candidate for Congress Frank T. Pallotta has been named a principal advisor at Mortgage Policy Advisors LLC (MPA), a Washington, D.C.-based strategic advisory firm. Pallotta was a founding force behind three mortgage...
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