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	Top Stories for the Week of December 1, 2008	Print Full Issue
	Click Here For Regional Coverage Ch. 11 for LandAmerica; Sells Subsidiaries for $298M RICHMOND, VA-After declining to acquire the company last week, Fidelity is now purchasing two of the title insurer’s subsidiaries. Industry Tackles Troubles Without TARP LOS ANGELES-Regardless of whether the government decides to buy or not buy distressed commercial assets, the industry gears up to service them. Report: First Dip in Midtown Rents Since ‘02 NEW YORK CITY-Midtown’s office occupancy costs dropped 2.7% in the past year, says CB Richard Ellis; 2009 will see further declines here and globally. Multifamily Benefits in TARP’s Latest Twist WASHINGTON, DC-With the government stepping in to buy the GSEs’ obligations, the cost of capital for multifamily should drop within weeks. UrbanAmerica Continues to Liquidate Fund LAUDERDALE LAKES, FL-The sale of Lakes Mall is among several transactions in coming months. Obama's Plan: Promotes Infrastructure, Lays Off Taxes WASHINGTON, DC-Economic advisors to the President-elect are also hinting that tax increases will be off the table for a while. Fed To Assist Citigroup With $306B Bailout NEW YORK CITY-The government is spending $20 billion on the bank’s troubled assets, while $306 billion will protect its loans and securities. Charming Shoppes Closing 100 More Stores BENSALEM, PA-The closures are on top of 150 that were already taking place at the Fashion Bug and Lane Bryant chains. Print Top Stories

Regional Coverage
Northeast     Print Full Region • DiNapoli: Wall St. Woes May Cost 225,000 Jobs • Knakal: Effects of Citi Bailout Unclear • Johnson Named New CFO for Fannie Mae • J Crew Cuts Growth Except for Madewell Chain • Horizon Secures $108M for Dick’s HQ • $200M Redevelopment Unveiled • LandAmerica 1031 Terminates Operations • Pryor Cashman Takes 100,000 SF • Jamaica Retail Project Advances • Tweeter Prepares for Swan Song • Fidelity Terminates Agreement to Buy LandAmerica • NAI Bluestone Launches Distressed Asset Group • Thompson Touts Vehicle Fee to Close MTA Gap	Southwest     Print Full Region • Final Asset Sells From 428-Unit Portfolio • Investors Continue Working Through MBS Assets • Port Authority Approves $60M Project
Midwest     Print Full Region • GM Hires JLL to Reap Millions in Site Sales • Borders No Longer for Sale	West Coast     Print Full Region • Execs Examine Prospects for Market Recovery • CalPERS 'Green' Initiative Producing Results • Condo Construction Loan Default Rate Passes 20% • JRK Acquires $285M Apartment Portfolio from Aimco • County Extends Arroyo Lease Option
Southeast     Print Full Region • Marcus Gets Ahead in Distressed Sales • Rotating Tower Being Shopped Around • Credit Freeze Chills Construction Starts
Departments
Executive Watch: Promising News
UpClose: JLL's Chris Brandt
Commentary: RBC Capital Markets' Rodgers