Cities might benefit if the Trump administration seeks to unload more of the federal government’s real-estate holdings to private investors. Efforts to shrink the federal government’s sprawling real-estate footprint that began in the Obama era have gained new urgency since President Donald Trump’s inauguration.

So what do we know about the real-estate venture that Barron is possibly, at some point in the future, starting with his pals? The company was looking to develop high-end luxury properties and golf courses in Idaho,