Federal agencies face mass lease terminations under Musk’s cost-cutting plan
Federal agencies will begin to vacate hundreds of offices across the country this summer under a frenetic and error-riddled push by Elon Musk’s budget-cutting advisers to terminate leases that they ...
DOGE lease cancellations: Which government offices could be closed this year and when
The General Services Administration, working with Elon Musk’s Department of Government Efficiency, has notified landlords that federal agencies will be terminating hundreds of leases for offices and b ...
Buyout barons risk choking on their stuck assets
Private equity managers have a bad case of indigestion. Blackstone , KKR , CVC Capital Partners and their peers are ...
Federal government real estate shake-up could shift balance from owned to leased space
Although the Elon Musk-led Department of Government Efficiency and Trump administration more broadly have cut jobs and ...