Tags: Barack Obama | barack obama | renting | home | washington | dc

Obamas to Rent $6 Million, Nine-Bedroom Home in DC After Leaving White House

Image: Obamas to Rent $6 Million, Nine-Bedroom Home in DC After Leaving White House
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By    |   Wednesday, 25 May 2016 10:33 PM

President Barack Obama and his family will move to a $6 million nine-bedroom rented home in an upscale Washington neighborhood — two blocks from the White House — when he leaves in January.

The 8,200-square-foot home will be the residence of the Obama family as youngest daughter Sasha completes high school at Sidwell Friends School, The New York Times reports, quoting anonymous sources.

Sasha Obama, who turns 15 next month, graduates in 2018.

Based on several real estate websites, the home is valued at nearly $6 million and carries a monthly rent of about $22,000. It is owned by Joe Lockhart, a former press secretary and senior adviser to former President Bill Clinton, the Times reports.

Lockhart is now executive vice president for communications for the National Football League.

The home is located in the upscale Kalorama neighborhood, according to the report.

Neither Lockhart, nor his wife, Giovanna Gray Lockhart, Glamour magazine's Washington editor, commented to the Times — and they referred queries to the White House.

Jennifer Friedman, deputy White House press secretary, also declined to comment, the Times reports.

"It’s a very quiet neighborhood," Tony Podesta, a Democratic lobbyist and brother of John Podesta, told the Times. "That’s part of the reason why all of us like it there."

John Podesta is chairman of Hillary Clinton's presidential campaign.

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President Barack Obama and his family will move to a $6 million nine-bedroom rented home in an upscale Washington neighborhood — two blocks from the White House — when he leaves in January.
barack obama, renting, home, washington, dc
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2016-33-25
Wednesday, 25 May 2016 10:33 PM
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