September 11, 2009 | Vol. 5 No. 9

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Volume 5 - Number 9 | September 11, 2009

TOP STORY: REIT Proposed For Sunwest Reorganization
By Michelle Napoli
The distribution plan, filed with the US District Court, is geared to enhance the value of Sunwest's assets for its stakeholders, including TIC investors.

Blackstone, Baty Bid For Sunwest
By Brian K. Miller
GlobeSt.com reports that the firms are willing to ante up $270 million in cash and more than $1 billion in assumed debt to take over what remains of Sunwest.

Sponsor UpClose: Thompson National Properties
By Michelle Napoli
Thompson National Properties launched 16 months ago. Today, it has seven offices and a staff of 125 and growing.

Trustee Appointed In DBSI Bankruptcy Case
By Michelle Napoli
The honors go to James R. Zazzali with Newark, NJ-based Gibbons PC, who is a former chief justice of the New Jersey Supreme Court.

DataPoints: Second Quarter Stats Are In
Statistics released by Omni Real Estate Services show that deals closing during Q2 represented half the equity of the first quarter's numbers.

Q&A: Golenbock�s Jonathan Flaxer
By Michelle Napoli
TIC Monthly talks with Flaxer about financial recovery for the 1031 Tax Group exchangers.

Short Takes: Conferences Line Up For October

Recent Transactions: Form D Filed For Griffin Capital DST