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	Top Stories for the Week of September 22, 2008	Print Full Issue
	Click Here For Regional Coverage $180B Helps, Doesn’t Solve Crisis WASHINGTON, DC-Even as the Federal Reserve Bank and five other Central Banks inject more cash than ever before into the system, observers ponder other moves that need to be made. Lehman Files Ch. 11; BofA Buying Merrill NEW YORK CITY-Bankruptcies, buyouts and a possible restructuring by insurance giant AIG are sending shockwaves through an already shellshocked financial sector. Fed Bails Out AIG with $85B NEW YORK CITY-The sinking reinsurer is handing over collateral of its own stock for $85 billion to shore up its mounting debt. Wall St. Turbulence Ripples Through CRE NEW YORK CITY-Industry experts say the supply of credit will grow even tighter in the aftermath of the Lehman Brothers, Merrill Lynch and AIG upheavals. Fed Opts to Leave Interest Rates Alone WASHINGTON, DC-The liquidity being injected into the financial system by the Fed as well as other central banks around the world may be enough to stabilize the financial system. Barclays Buying Lehman HQ, Data Centers NEW YORK CITY-As part of its $1.75-billion deal to acquire much of Lehman, Barclays is also getting the firm’s Midtown headquarters and two NJ data centers. Post AIG, Insurers Ponder CRE Investment WASHINGTON, DC-It will take some time to see whether insurers scale back on their real estate investments. Report: Washington Mutual Considering Sale SEATTLE-Goldman Sachs, which the nation’s largest thrift hired as its advisor, started the process several days ago, according to the New York Times. Long-Standing REIT Ties Key to $2B Equity Raise DALLAS-Behringer Harvard Multifamily REIT I believes it's playing to investment circles' sweet spots with its plan to build and fund urban-style projects in today's tough times. Macerich, DMB Creating $1B Core Urban Center PHOENIX-The partners have roughly 2,400 acres to work on, with the first phase of One Scottsdale under way and Palisene penciled to start in late 2009 or early 2012. NJ Transit Awards Contract for $1B Bridge NEWARK-Pasadena-based Jacobs Engineering will provide engineering design services for the project, which will replace a railroad bridge over the Hackensack River. State To Facilitate Financing Plan for AIG NEW YORK CITY-The multi-billion dollar financing plan calls for AIG to transfer some assets to provide necessary cash for short-term liquidity. Notebook: South FL Markets Not All Doom MIAMI-Panelists see upside to down markets, international investment and government supervision of financial markets. $600M MXD's Multifamily Acreage Comes to Market OKLAHOMA CITY-RCL Development begins courting buyers for a piece of its 233-acre Tuscana near Quail Springs Mall. The mixed-use project has IMAX as an anchor. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Lehman, Merrill Distress Could Bring Buying Frenzy • Lehman's Crash Sparks Further Slump Concerns • Cash Infusion Elevates GVA Williams • $200M Projected for Small Multifamily Program • Lehman's MA CRE Sees Uncertain Future • Naming Rights Deal is Called Off • Financial Fallout Will Impact New Jersey • Northland Lands Coliseum Site Development • Church & Dwight Breaks Ground on $150M Facility • Perseus Launches Discretionary Fund Raising • Gov. Takes 120,000 SF at 1717 H	Southwest     Print Full Region • Southwest Financial Hub Stays on Solid Ground • Wind-Proof Office Design Lives Up to Ike's Test • Land Speculators Grab 1,600 Acres in Valley • Texas' Tallest Building Becomes Ike's Victim • Outlook Remains Bleak in Seaside Communities • Houston's Office Market Incurs Moderate Damage • Proterra Properties Digs Into 555,560-SF Plan • Macerich-Led JV Lands Dillard's for 1M-SF Plan • Green's Coming of Age in Development Circles • Museum District Complex Comes to Market, Again • 77,072 SF in Two Deals Move Across Goal Line
Midwest     Print Full Region • $431M Airport Terminal Opens, Name for Sale • Intercontinental Opens Third Chicago Indigo • CDK Infuses RED With $200M For Retail Centers • HFF Hires to Tap Into Student Housing Market • Bulk Distribution Vacancy Up, Starts Well Down • Opus Breaks Ground on $50M Power Center • AMLI Sells Apartments For Less Than $50M • Avgeris Buys 1M-SF Flex Site in $25M SLB • Kraft Foods Renews Four Distribution Leases • Bluewater Group To Build 187 Condo Units • Alliance Buys Algonquin Galleria for $22M	West Coast     Print Full Region • $360M IndyMac Loan Portfolio Goes to Market • Hines Acquires Citigroup Center for $280M • El Dorado Loses Ground in Tropicana Bankruptcy • SEC, Pension Funds Cut Off Shorts • Visitor Volume, Occupancy, Gambling Fall Fast • Monorail Mulls Financing for Airport Extension • Macerich to Debut Repositioned 1M-SF Oaks Center • RFP Due for 108-Acre Army Base Redevelopment • 4,000-Room Citycenter Hotel-Casino Tops Out • Historic El Capitan Building Goes to Market • Hyundai Unit Leases 100,000 SF at Park Place • Retail Deals Top 90,000 SF, Include Record Price
Southeast     Print Full Region • More Pain Coming for South FL Markets • Fate of Lehman-Backed South FL Projects Unknown • Jabil Circuit Plans New $52M Headquarters • I-4 Retail Center Hits Home Runs • Crown West Acquires Two Office Parks for $38M • City Landmark Gets New Management	Around The Globe     Print Full Region • Trikona Makes $156M Deal with German Fund • GVA Buy-In Boosts FirstService's US Platform • Prudential Creates $139M Loan for Industrial • JLL Plans to Lay Off Scores of English Staff
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Executive Watch: Gray Sunday
UpClose: AMB Property Corp.'s Reilly
Commentary: Pryor Cashman's Heicklen