October 31, 2025 - 07:21

A recent investigation has revealed that a staggering $460,000 was lost due to a failed real estate deal associated with the agency. This probe was initiated following the guilty plea of the agency’s former board chair, who admitted to accepting bribes in return for redirecting contracts while serving as a county supervisor.
The fallout from this scandal has raised serious questions about the agency's oversight and governance practices. The former chair's actions not only compromised the integrity of the agency but also resulted in significant financial losses that could have been avoided with proper checks and balances in place.
As the investigation continues, stakeholders are calling for a thorough review of the agency's protocols to prevent such incidents from occurring in the future. The community is seeking accountability and transparency as they navigate the implications of this troubling situation. The agency's leadership is under pressure to implement reforms to restore public trust and ensure that taxpayer dollars are safeguarded.
April 7, 2026 - 02:49
Who will buy all those federal buildings? ‘Nimble and entrepreneurial’ buyers.The landscape of Washington D.C. real estate is shifting as the federal government continues to offload underutilized office buildings. A recent sale of a General Services Administration property...
April 6, 2026 - 06:51
Norfolk company to buy $562M portfolio from Virginia Beach’s AH Realty TrustA Norfolk-based company has entered into a significant agreement to purchase a portfolio of 11 multifamily properties from Virginia Beach`s AH Realty Trust for $562 million. This substantial...
April 5, 2026 - 19:02
UBS reveals how real estate kills 2 tax problems with 1 investmentA sophisticated real estate investment approach is gaining attention for its ability to simultaneously address two significant financial concerns: capital gains and estate taxes. This strategy,...
April 5, 2026 - 02:57
EQT Real Estate: 7.3 Million Sq Ft U.S. Logistics Portfolio Sale To AresEQT Real Estate has finalized the significant sale of a 7.3 million square foot U.S. logistics portfolio to a real estate fund managed by Ares Management. The transaction encompasses 36...