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GSA Says It's Reviewing, Updating List Of 'Non-Core' Assets For Potential Disposition
News

GSA Says It's Reviewing, Updating List Of 'Non-Core' Assets For Potential Disposition

... Government Efficiency, created by Elon Musk and empowered by President Donald Trump to cut spending, has identified 748 leases spanning 9.6M ...

Mar 04, 2025
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Trump Gives Agencies Deadline To Propose Moving Offices Out Of D.C. Area
News

Trump Gives Agencies Deadline To Propose Moving Offices Out Of D.C. Area

... for agencies to report their progress in implementing President Donald Trump's Feb. 11 “workforce optimization” executive order, in ...  reported earlier this month. During his first term, Trump moved two Department of Agriculture research agencies to Kansas ...

Feb 26, 2025
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Elon Musk and his son with President Donald Trump in the Oval Office.
News

DOGE's Lease Termination Drive Poses New Risks To The Government's Landlords

... first lease terminations this week, with the advisory group Trump has empowered to slash government spending claiming that it ... from the Pentagon, according to DOD News. Before the Trump administration, federal government leases were seen almost as an ...

Feb 23, 2025
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DOGE Reveals New Information On 100 Federal Lease 'Cancellations'
News

DOGE Reveals New Information On 100 Federal Lease 'Cancellations'

... The lease cancellations are part of the effort from President Donald Trump and Elon Musk's DOGE to make substantial cuts to ... federal spending.  Over the past week, the Trump administration has laid off thousands of federal employees across a ...

Feb 18, 2025
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WashREIT CEO Paul McDermott and Boston Properties' Senior Executive Vice President Ray Ritchey
News

Bethesda-Based REIT Exploring Potential Sale

... could arise in a sale process: the impact of President Donald Trump's cuts to the federal workforce on apartment demand in ...

Feb 14, 2025
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DOGE's Federal Real Estate Cuts Put $12B Of CMBS Debt At Risk, Barclays Says
News

DOGE's Federal Real Estate Cuts Put $12B Of CMBS Debt At Risk, Barclays Says

... is in the process of offloading 7,500 leases.  President Donald Trump, meanwhile, is continuing to empower DOGE's large-scale cost ... -cutting efforts. Trump signed an executive order Tuesday requiring agencies to work with ...

Feb 12, 2025
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D.C. Real Estate Anxiously Awaits Impact Of Trump Workforce Shifts
News

D.C. Real Estate Anxiously Awaits Impact Of Trump Workforce Shifts

... told Bisnow. On his first day in office, President Donald Trump ordered all employees back to the office with an executive ... ordered employees back in-person full time immediately following Trump’s executive order, ABC News reported, citing an internal ...

Feb 06, 2025
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Trump Offers Resignation Deal For Federal Employees Opposed To Office Return
News

Trump Offers Resignation Deal For Federal Employees Opposed To Office Return

... to be influenced by billionaire Elon Musk, the head of Trump’s Department of Government Efficiency. The email subject line “Fork ... -worker executive orders and policies, it is clear that the Trump administration's goal is to turn the federal government into ...

Jan 29, 2025
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GSA Acting Administrator Stephen Ekihian.
News

Trump Picks Officials To Oversee Federal Real Estate Portfolio

... and customer service software companies to Salesforce.  “Under the Trump-Vance Administration, I will return the GSA to its core ... At the same time, it is unclear what impact President Donald Trump’s executive order for federal employees to return to the ...

Jan 23, 2025
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The hotel in D.C.'s Old Post Office building became a Waldorf Astoria in 2022 after the Trump Organization sold it.
News

Trump Organization Reportedly In Talks To Buy Back D.C. Hotel

... property’s operations and revenue. BDT & MSD Partners and The Trump Organization didn't respond to requests for comment from Bisnow ... steakhouse that became known as the only local restaurant that Trump would frequent — for a well-done steak with ketchup — ...

Jan 10, 2025
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