by the business guide writer

Originally published on May 25, 2016|MarketWatch

The 9-bedroom home isn’t located too far from his current digs. The 8,200-square-foot mansion is in the Kalorama neighborhood.

The 8,200-square-foot mansion is in the Kalorama neighborhood. MRIS
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President Barack Obama has said that he and his family will remain in Washington, D.C., after they leave the White House in January so that his youngest daughter, Sasha, can finish school. And it looks like the Obamas have settled on a neighborhood.

Obama and first lady Michelle will lease an 8,200-square-foot mansion in the Kalorama neighborhood of D.C., according to Politico. The residence is reportedly owned by Joe Lockhart, Glover Park Group co-founder, and his wife, Giovanna Gray Lockhart, the Washington editor of Glamour.