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Top Stories for the Week of March 24, 2008
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Entitlements in Place for $6B Plaza Las Vegas
LAS VEGAS-The Clark County Commission signs off on all the necessary entitlements for the 34.5-acre project located across Las Vegas Boulevard from Wynn Las Vegas.

$1.5B Waterfront Plan Clears Hurdle
YONKERS-A massive plan to redevelop this city’s waterfront moves forward after the Yonkers City Council accepts the Draft Environmental Impacts Statement as complete.

Federal Reserve Cuts Interest Rates Again
WASHINGTON, DC-It's not going to be the full percentage point the Street wants but the Fed's actions continues to mollify a shaky market.

KanAm Buys Four Assets for $900M
PAVELETSKAYA, RUSSIA-The properties, which will make up one million sf when finished in mid-2009, are in a growing Moscow market.

After Bear Stearns, Some Wonder Who's Next
WASHINGTON, DC-With Bear Stearns employees and investors still reeling in shock, the Street worries about other shaky banks.

OFHEO Eases Fannie, Freddie Cap Guides
WASHINGTON, DC-Reducing the GSEs’ capital surplus requirements to 20% from 30% is a welcome move but many insiders would also like to see a loosening of debt coverage ratios.

AFC Launches Program to Invest $500M
NEW YORK CITY-Sources say that market skittishness is leaving some excellent value-add opportunities with a capital gap. The Co-Sponsor Investment program hopes to fill the gap.

Equity Residential Receives $500M Loan
CHICAGO-The company gets $500 million to retire 2008 maturities as they become due.

Investors Propose 1M-SF MXD Near Airport
KANSAS CITY, MO-The group, which includes former developer Ted Ehney Jr., is concentrating mostly on hotels, but will include restaurants and office buildings.

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Regional Coverage
Northeast     Print Full Region
$209M Portfolio Lands 1031 Buyer
UBS Affiliate Sells Bank Branches for $135M
JPMorgan Chase Could Bail From Downtown Move
ARC Buys Branch Portfolio for $100M
Savanna Looks to Buy 282 Acres Near Airport
GE Franchising Invests $40M In Back Bay Restaurants
AMB Bringing Another 1M SF to Market
Vesper Acquires Historic MXD/Office
55-Acre Wall Speedway Facility Closes
Southwest     Print Full Region
$200M Campus Suites JV Begins With $75M Project
Wesco Planning To Spend Nearly $100M in Texas
Dallas CRE Back In Ring With Champion Force
McShane's 52-Acre Park Almost Complete
Squire Sanders Reserves 80,000 SF in CityScape
Interest in OK Sparks 2M-SF Industrial Sale
Moody National Eyeing Q4 Start for $25M Hotel
51,744-SF Retail Center Draws Nearly $15M
Post Investment Snags 2,469-Unit Complex
Midwest     Print Full Region
Pfizer Inc. Sees Interest in 2M-SF Mixed Site
Provence Plans Sale of $200M Project Parts
Rothschild Offers 149 Properties for $95M
Borders Group Considers Sale
RGD Finishes Up on Tallest Tower in West MI
Arkansas' Winning Streak Earns $75M Axle Plant
LaSalle, Oxford Buy 12 Office Floors for $46M
Reviva Signs 231,000-SF Industrial Lease
Davis Sells Two Lifestyle Centers for $23M
Quad/Graphics Leases First in 750,000-SF Park
West Coast     Print Full Region
Hines Buys Raytheon, DirecTV Offices for $120M
Forest City Refinances Galleria at Sunset
IDS Plans $115M Office Tower
Siegel Group Continues Vegas Buying Spree
Tejon, Rockefeller Debut 606,000-SF Warehouse
Berger Takes Henderson Apartments
Loan Funds Passco Apartment Acquisition
Weingarten Lands Target for North-End Center
Design Center, City Hall Leases Total $20M
Southeast     Print Full Region
CBREI, Wood Deal Bets on Multifamily Strength
Savannah Asset Pushes AMB’s Green Platform
Forum at Fort Myers Hits 90% Preleased Mark
Miller Gallman Converting Historic Site to Lofts
Highwoods Kicks Off 200,000-SF Industrial
Around The Globe     Print Full Region
Global Slowdown Benches Many Emerging Markets
Redback Networks Doubles Vancouver Campus
SunGard Signs 53,819-SF Lease in Kungsbron
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Spirit’s Jeffrey M. Fleischer
Commentary: Transwestern's Steve Pumper


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