The president said he would cease negotiations and impose new tariffs because of Canada’s imminent, new digital services taxes.

As the office-to-resi boom continues apace, Nathan Berman and David Warner’s massive Midtown conversion scored the city’s biggest real estate loan last month, representing record financing both in terms of the type of project in New York and for the lender itself.    Lenders doled out dollars across asset classes, including Durst Organization’s office tower […]

This article originally appeared on The Real Deal. Click here to read the full story.

Cottonwood Communities has entered into a deal with a private owner to take over its largely Sun Belt apartment portfolio.
The Salt Lake City-based nontraded REIT signed a merger agreement with RealSource Properties, the companies announced. The deal would make RealSource a subsidiary of Cottonwood, and the combined company would have $2.8B in assets. 
“We believe this merger strengthens our platform through increased scale and diversification, positioning us to realize cost efficiencies and drive incremental revenue growth, as well as creating a pipeline of meaningful value-add opportunities,” Cottonwood CEO Daniel Shaeffer said in a statement.
As of March, Cottonwood owned 37 properties totaling 9,329 units across 11 states….

As H-E-B continues its expansion across North Texas, Walmart is stepping up to compete with the grocery powerhouse in some of the Metroplex’s fastest-growing suburbs.

For the last three years, development teams have tried to sell their casino proposals to New Yorkers, touting the scores of jobs that would be created and, in some cases, transformative visions for long-vacant sites. Much has changed since teams expressed initial interest in vying for a state casino license. Some developers have added housing […]

This article originally appeared on The Real Deal. Click here to read the full story.

American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.

Lisa Kudrow’s critically beloved cult comedy will return to HBO next year, the network announced on Friday.

A quiet neighborhood in South Brooklyn could soon see an explosion of development as a rezoning effort gets underway. Westshore Views LLC filed an application with the Department of City Planning to rezone the land at 4302 Westshore Avenue in Gravesend, Crain’s reported. The site is being used as car storage today. The 737,000-square-foot waterfront […]

This article originally appeared on The Real Deal. Click here to read the full story.

Opulent days are over at Vogue, Vanity Fair, and other once-powerful glossies. Anna Wintour is giving up (some) control. Now that everyone’s a gatekeeper, why do we keep recreating their status-obsessed world?

The Treasury secretary said negotiations with some countries might last until Labor Day, signaling that the White House may hold back from imposing tariffs on some trading partners in early July.