It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Los Angeles, New York City, Chicago, Milwaukee, Seattle / Puget Sound, San Diego, Phoenix / Tucson, Northern New Jersey, Detroit / Grand Rapids, South Florida, San Francisco, Greater Toronto Area, St…

Some of the most hardline fiscal conservatives in the House on Friday made clear that for all their distaste of debt, they could live with tax cuts that add to it.

The Trump administration has fired back at an ethics group that sued the president over his business interests.

We promise we won’t write about it every time Lloyd Blankfein tweets. But, please, humor us for now.

In a blockbuster merger of two top players in the increasingly competitive data center sector, Digital Realty (NYSE: DLR) has agreed to buy DuPont Fabros (NYSE: DFT) in a transaction valued at $7.6 billion including debt.
Shareholders of Washington, DC-based DuPont Fabros will receive just over half a Digital Realty share per DuPont Fabros share in a stock deal totaling $4…

James Comey’s testimony was must-see TV for a wide swath of the country, but the ratings weren’t off the charts.

Late night celebrated “Comey Day” with jokes.

Former FBI Director James Comey’s testimony on Thursday backed up some of the anonymous-sourced news reports about the FBI, but Comey took exception to one specific New York Times story from February.

An exit poll suggesting that British Prime Minister Theresa May may have lost her parliamentary majority in a general election on Thursday sent the pound falling against the dollar.

What’s it like to know a secret of major national importance?

Prime Minister Theresa May called a snap U.K. general election in the hope of strengthening her hand in negotiations to take Britain out of the European Union.

The recent performance of loans backing commercial and multifamily properties have again defied expectations and remained on strong footing in the first quarter of 2017, according to the Mortgage Bankers Association, which found that delinquency rates for mortgage loans were flat or decreased in its analysis of the market’s first quarter performance…

Amazon is now offering a discount on Prime memberships for anyone on government assistance.

Uber is acting swiftly after an investigation substantiated many reports of sexual harassment at the company.

If you haven’t already pre-ordered the Tesla Model 3, don’t expect to own the car anytime this year — or next.

Forestar Group Inc. (NYSE:FOR) confirmed that it had received an unsolicited, nonbinding proposal from D.R. Horton Inc. to acquire 75% of the outstanding shares of Forestar common stock for $16.25 in cash.

The unexpected offer beats the previously announced offer from Starwood Capital Group to buy Forestar for $14…

Colony Starwood Homes (NYSE:SFR) agreed to acquire a portfolio of 3,106 single-family rental homes from Waypoint/GI Venture LLC for $815 million.

Colony Starwood currently manages the portfolio for the sellers, which is located in southern and northern California, Chicago, Atlanta, Tampa, Phoenix, Miami and Orlando…

Australia has posted yet another quarter of economic growth, bringing its jaw-dropping run without a recession to nearly 26 years. But is it a new record?

Singapore-based Mapletree Investments Pte Ltd. announced the acquisition of a second portfolio of student housing assets from Kayne Anderson Real Estate Advisors.
Mapletree listed the purchase price for the portfolio at about $1.6 billion.

The transaction includes eight student housing assets containing 3,611 beds, including properties located in Fort Collins, CO, near Colorado State University; in Miami near Florida International University…

Read full story for latest details.

Ch-ch-ch-ch-changes are sweeping through China’s beloved pastime of karaoke.

China now has one of the world’s most valuable brands.

Soon, Apple will introduce a new iPhone feature that will do away with that annoying — and dangerous — urge to look at a text message while you’re driving.

King of retail Mickey Drexler is stepping down as J.Crew’s CEO.

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: South Florida, Nashville, Salt Lake City, Columbus, Austin, Orlando, Detroit / Grand Rapids and Charlotte.

  BREAKING NEWS!  Duane Morris Expands Real Estate Practice GroupSix Attorney Team Headed by Jay Steinman Joins Miami

Those who can’t make it to Ariana Grande’s benefit concert in Manchester can tune in online and on ABC to see the show.

Read full story for latest details.

When your very first tweet reverberates around the world, how do you follow it up?

Blackstone Group LP edged out Brookfield Asset Management Inc. to reclaim its position as the world’s largest real estate asset manager as the total value of global real estate assets under management reached $2.7 trillion (Euro 2.4 trillion) in 2016, up more than 20% from the previous year, according an annual joint report by three real estate investment management organizations…

CEOs are cautious by nature, circumspect in their words and actions.

Taubman Centers, Inc. (NYSE:TCO) this morning announced that shareholders voted to elect CEO Robert S. Taubman and two other company nominees to the board of directors, turning back a challenge by activist hedge fund Land and Buildings, which nominated a different slate of board candidates.

The mall REIT’s proxy solicitor advised that, according to preliminary results of the annual election, shareholders voted to elect Taubman, Cia Buckley Marakovits…

Elon Musk, the CEO of Tesla and SpaceX, has quit two of President Trump’s business advisory councils after the president announced he will pull the U.S. out of the historic Paris climate agreement.

“This is the biggest U.S. foreign policy error since entering the Iraq War.”

Fast-food eatery Taco Bell, whose slogan is Live Mas, has launched a ‘Grow Mas’ strategy – an approach that sets it apart from its sister chains: Pizza Hut and KFC (Kentucky Fried Chicken) in the U.S.

All three are restaurant brands of Louisville-based Yum! Brands (NYSE: YUM). But while KFC and Pizza Hut are shrinking their real estate footprint at home, Taco Bell this past week outlined plans to grow the chain both here and abroad, with the goal…

SpaceX was forced to delay an historic launch that was slated to send a used spacecraft into orbit.

A growing appetite among consumers-on-the-go for the broader selection of food options and other grocery items offered at larger, modern convenience stores is fueling a wave of consolidation and new development in the often overlooked triple-net convenience store segment of U.S. retail.

The Association for Convenience and Fuel Retailing (NACS) reports the number of c-stores in the country increased 0…

When Tiger Woods gets in trouble, there’s a lot on the line.

Montreal-based Ivanhoé Cambridge, Inc. and its investment partner, Callahan Capital Properties (CCP), have acquired the 30-story, 1.12 million-square-foot 85 Broad St. in New York City for approximately $650 million, or about $580 per square foot, from a joint-venture between MetLife Real Estate and Beacon Capital Partners…

Read full story for latest details.

If your child bought something in an app from Amazon’s app store without your permission, you may get your money back.

Haverty Furniture Cos. Signs Seven-Year HQ Extension at The Centrum at Glenridge
Haverty Furniture Cos. (NYSE: HVT) has agreed to a seven-year extension that will keep the furniture retailer’s longtime corporate headquarters at the Centrum at Glenridge in Atlanta.

The 186,826-square-foot, eight-story office building has housed the corporate offices of Haverty’s since 1999…

United is in hot water again, this time for an allegedly unsafe plane.

Read full story for latest details.

One of the pillars of President Trump’s economic agenda is a promise to unleash the American energy industry.

Newmark Grubb Knight Frank has hired former Colliers International Group, Inc. president of U.S. operations Craig Robinson to serve as CEO of global corporate services, a newly created role at the New York City based commercial real estate services firm.

Robinson, based in New York City, will be charged with guiding and growing NGKF’s global platform for occupier clients, which CEO Barry Gosin said in a release is the firm’s “number one priority…

1. Trump moves on NAFTA: President Trump has announced plans to renegotiate the North American Free Trade Agreement.

As President Trump hits the 100-day milestone, one of the key questions is this: Is Trump delivering for the middle class?

Samsung Electronics likes itself just the way it is.