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Top Stories for the Week of October 13, 2008
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Mega Deals Up Against Ticking Clocks
NEW YORK CITY-From shotgun marriages to bailouts, each day brings a new twist in the stack of mega deals waiting to be finished by the financial sector. Some have deadlines and others have no end in sight.

Financial Markets Produce Differing Office Forecasts
NEW YORK CITY-While nobody disputes that the Wall Street meltdown will affect vacancy rates, experts vary on how steep the downturn will be.

Global Markets Fall in Tandem with US
LONDON-Some foreign governments have just turned off trading. Experts don’t see any way out, especially if credit remains blocked.

Citi Cancels Wachovia Bid, Sets Lawyers on Wells
CHARLOTTE, NC-The banking giant says it will take legal action, citing interference with its FDIC-backed deal.

Federal Reserve Coordinates Interest-Rate Cut
WASHINGTON, DC-The Fed continues to throw every conceivable tool and strategy at the seemingly intractable credit crisis.

Report: September Retail Sales ‘Dismal’
NEW YORK CITY-September’s same-stores sales, which rose 1% were the worst since the month of 9/11.

$700M LNG Terminal Put on Hold
LOGAN TWP., NJ-BP officials say market conditions aren't right to proceed with a project in the works for six years.

Collard Properties Forges Ahead in FL
WINTER PARK, FL-Collard Properties intends to continue projects around the state.

Cormac Co. Moves Forward with 1M-SF Retail
OVERLAND PARK, KS-The company secured $107.4 million in financing for its Corbin Park project, which will reportedly cost about $225 million. Construction begins this week.

Crisis Impacts DC Real Estate
WASHINGTON, DC-The silver lining to the upheaval in the market is that the government is likely to need more space to support its growing operations.

Concord Resort Lands $250M in Financing
THOMPSON, NY-The casino and hotel redevelopment project is getting an infusion of $250 million from Union Labor Life Insurance Co.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
Acquisitions May Be Goal of REITs Fund Raising
$1B Offshore Wind Farm Gets BPU Approval
Crane Operators Get Strict Licensing Criteria
CSV Acquires $214M Loan on Hotel Portfolio
Three Teams Bid for 465,000-SF MXD
ING Clarion Borrows $98M for Industrial Refi
FCP Closes $230M Fund
Former GVA Williams Retail President Makes Move
STAG Fund Picks Up $80M Financing
Multifamilies Hit Market in Boston-Metro
Bank-Leased Portfolio Sells to Memphis Investor
$86M Retail Condo Buy Furthers $1.1B Conversion
UPS Closes Two Deals for 256,000 SF
Macquarie Inks 260,000-SF Renewal, Expansion
Two Retailers Expand, Make Soho Moves
Hearst Tower Has Retail Space on Market
Incisive Media Renews Center City Space
Southwest     Print Full Region
Fertitta, Landry's Deal Hits Financing Wall
Cole's One-Month Spree Banks $300M of Retail
Industrial Vacancy Stays Above 10% Again in Q3
Ashford Takes Tax Hedge for $800M Floating Debt
Greater Phoenix's Jobs Slide Worst Since 1975
C&W Details Timetable for 1M-SF Mall Sale
Dallas/Fort Worth Stays Ahead in Office Game
Lincoln Advisory Snags 325,745-SF Portfolio
CA Resort Owner Hangs $70M Tag on 768 Units
Foxconn Takes First Spot at Compaq's Old Campus
Texas Apartment Count Aggressively Growing
Midwest     Print Full Region
Snap Fitness Sets Goal of 2,000 Clubs by ‘09
GSA Readies for $500M-Plus Flex, Office Sites
Structured Reduces Units at $220M New City
JV Adds Office into Expected $139M Duke Buy
Merkel Promoted to President at Rockbridge
Buyers Getting Help to Move in Book-Cadillac
Spire Held as Shelbourne Sells $40M Penthouse
Colony Realty Acquires $40M Warehouse From JV
West Coast     Print Full Region
HCP Completes $3B Slough Life Acquisition
$2.3B Down, $700M to Go for Citycenter Financing
Thompson National, Argus Realty Join Forces
Brandywine, CIM Close $412M Oakland Portfolio Deal
Kennedy Wilson JV Commits $100M to Housing
Walgreen Withdraws Longs Offer
Mission West Closes $115M Refinancing
REITs Close 370,000 SF of Medical, Storage Deals
Safeway Continues Lifestyle Conversion
Maguire Refinances Plaza Las Fuentes for $100M
Focus of Ebay Layoffs is Largest Space User
Arden Sells Properties Totaling 844,000 SF for $150M
El-Ad Group Victorious in Plaza Name Trial
Debt Prompts Listing of Newspaper's HQ
Regency Moves 3 Centers into OPERF JV for $83M
Southeast     Print Full Region
Fed Works Out Wachovia Sharing
Out-of-State Buyers, Positive Broward Prospects
Hotel AG Sells $107M Hotel Portfolio for Newport
Family Dollar Maintains Expansion Levels
Central FL Event to Cover Deals, Opportunities
Luxury Student Complex Sells for $43M
Duke Signs 270,000-SF in West Broward
ING Clarion Sells Shopping Center to Rreef
Around The Globe     Print Full Region
Governments Rescue Hypo, Fortis for $104.8B
Tokyo-Based REIT Files for Bankruptcy
UBS Lays Off 2,000 Due to Bad US Mortgages
Lincoln Buys Apartment Portfolio for $357M
$95B Jumeira Gardens Is Under Way
Wenceslas JV Takes Seven Sites for $395M Fund
Departments
Executive Watch: 777
UpClose: IDI's Gunter on LEED
Commentary: Cushman & Wakefield's Mendelson


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