News & Resources

By Jennifer Jette In January 2025, President Donald Trump issued an executive order requiring federal employees to return to in-person work at their respective duty stations full-time, with exemptions determined by department and agency heads. Such executive order follows a growing trend of many private sector companies ramping up pressure on workers to return to the office – from JPMorgan to Dell and Amazon. Putting politics aside, these directives have the potential to positively impact the D.C.-area economy significantly, particularly the commercial real estate sector.  Potential Increased Demand for Office Space  The return-to-work mandates could spark a renewed demand for office space in Washington, D.C. However, this demand differs from pre-pandemic norms as tenants now prioritize features that accommodate evolving work models, including: Flexible Workspaces: Hybrid work models have shifted preferences toward office layouts with open spaces, hot-desking options, and collaborative areas. Amenities and Wellness Features: To attract employees to […]

By Rebecca Urland Monzi If you can’t keep up with the BOI Reporting rollercoaster of the past few months, you are not alone. The stay on FinCEN BOI filings related to litigation in Texas was just lifted this week. As a result, FinCEN has extended the reporting period to March 21, 2025. Notwithstanding the extension, FinCEN also stated that prior to the new deadline it will be “assessing its options” to potentially further modify the deadline, as it claims to now be prioritizing reporting for those entities that pose the most significant national security risks (notably, FinCEN has not stated how it will determine those entities). FinCEN has also stated that it intends to initiate a process this year to revise (but not eliminate) the BOI reporting rule to reduce the burden for lower-risk entities. It is unclear when, if at all, FinCEN will provide an update potentially revising the reporting […]

By Jennifer Jette On February 12, 2025, Washington, D.C. Mayor Muriel Bowser introduced the Rebalancing Expectations for Neighbors, Tenants, and Landlords Act (RENTAL Act)—a legislative package designed to stabilize D.C.’s housing system amid growing market distress. The proposed changes could have significant implications for developers, property owners, investors, and tenants navigating D.C.’s complex real estate landscape.  The RENTAL Act seeks to reform existing regulations to balance the interests of tenants and landlords while encouraging housing development.   Key provisions include:  Exempting certain properties from the Tenant Opportunity to Purchase Act (TOPA)   Accelerating eviction proceedings  By making these changes, the RENTAL Act is designed to boost real estate activity, attract investment, and ensure a more functional housing market across Washington, D.C.  Exemption of Market-Rate and Certain Mixed-Income Properties from TOPA  A noteworthy provision in the RENTAL Act is the exemption of market-rate and select mixed-income apartment buildings from the Tenant Opportunity to […]