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	Top Stories for the Week of June 22, 2009	Print Full Issue
	Click Here For Regional Coverage Fed Assumes More Power Under Comprehensive Plan WASHINGTON, DC-Regulatory authority over the capital markets is undergoing a profound shift in the plan that Obama’s Treasury Department is putting forth. VIDEO: Job Recovery Is a ‘Slow Burn’ NEW YORK CITY-It’s going to take a little while for recovery in the commercial real estate job market, Anthony J. LoPinto tells GlobeSt.TV. Condo Auctions May Have Reached Peak MIAMI-Bankers are becoming more adept at short sales and loan modifications. The Worst Is Yet to Come CHICAGO-Panelists at the seventh annual RealShare Chicago debated some of the finer points but agreed that the recession trough is not here yet. More Equity, Eased Tax Burden Are Twin Challenges WASHINGTON, DC-Major accomplishments on Capitol Hill by the Real Estate Roundtable don't overshadow the work that needs to be done, says RER president Jeffrey DeBoer. Lack of New Business Hurt Extended Stay SPARTANBURG, SC-The company’s $8-billion buyout leads to a major hotel bankruptcy. Buyer in Hand, Eddie Bauer Files Ch. 11 BELLEVUE, WA- Eddie Bauer Holdings voluntarily initiates the proceedings as it pursues the $202-million sale of its business to an affiliate of CCMP Capital Advisors LLC for continued operation. Survey: Overseas Buyers Will Be Back in the USA WASHINGTON, DC-AFIRE’s first-ever mid-year survey finds that two-thirds of foreign investors plan to invest in US real estate by year’s end. Abercrombie & Fitch To Shutter RUEHL Arm NEW ALBANY, OH-For the fiscal year that completed at the end of January, RUEHL reported a pre-tax operating loss of $58 million. Discount Bid Wins Filene's BURLINGTON, MA-The encumbered discount retailer has closed its auction and the tentative winners are a partnership between Syms and Vornado. TIC Owners at Disadvantage in Downturn FORT LAUDERDALE, FL-Investors who pooled money to buy office buildings may fare worse than institutions. Print Top Stories

Regional Coverage
Northeast     Print Full Region • New York Fed Taps Trepp to Monitor CMBS • RCA: Global Sales Bottom Is in Sight • Moody’s Holds the Line on CMBS Ratings • HUD Plays Key Role in Financial System Revamp • Mission Markets $158M Loan Portfolio • Latest Treasury Plan Targets CMBS Originators • Is Market Street Getting a Makeover? • Marketplace at Rockaway Trades for $29M • Multifamily Assets Move in Jersey City • Impasse Continues at WTC • Midtown Leases Go Through Repricing • Coney Island Rezoning Clears Major Hurdle • Watson Buy of Arrow Could Be Rx for NJ • Banking Chief Calls Refis ‘Next Shoe to Drop’ • New Reports Warn of DC’s Oversupply Pipeline • Bankruptcy Court OKs Sale of Tropicana • Albany Chaos Could Kill NYC Rent Law Change	Southwest     Print Full Region • Man Pulls Back From $100M Plant • 186-Unit Redwood Place Bought From Lender • EBS Launches TX Expansion With Buy • Amusement Co. Has Sights on Six Flags • Buyer Pays $20M for Distressed Villagio • Filene’s Basement Status Still Uncertain
Midwest     Print Full Region • Dynamics of a Deal Are Altering • Industrial Market Hits 11% Vacancy • Best Buy Reports Q1 Profit Drop • Continuum Takes Space For New Data Center • Transwestern To Lease Up 493,000-SF Office • Opus North To Shutter Local Office • Ground To Break for Cherokee South Plaza Makeover	West Coast     Print Full Region • Fontainebleau LV Gains Access to Some Cash • California Unemployment Hits Record: 11.5% • Renaissance Stanford Court Hotel in Receivership • Cypress Realty Forms, Targets Offices • Former Condo Site Sells for Affordable Housing • Fontainebleau LV Gains Expedited Hearing • Triton Towers Hits 100% Occupancy Amid Recession • First Grocery-Anchored Sale Closes, More to Come • Maguire Faces Default, Sells Office Tower • New Carlton Office Markets $170M in Loans • Report: Union Funds Could Aid Fontainebleau • Northern California’s Women of Influence Continue to Push Forward • American Assets Lands $23M Office Loan
Southeast     Print Full Region • Extended Stay Hotels Files for Bankruptcy • Phelps, Portman to Build City’s Largest Hotel • Condo Developer Hopes to Stave Off Auction • Cousins Properties Keeps CEO Transition Local	Around The Globe     Print Full Region • Metrovacesa Halts Split From Gecina • Leading Swiss Real Estate Firms Merge • Romanian Firm Buying up Deutsche Land
Departments
Executive Watch: 'A Glimmer'
UpClose: Kimpton Hotels’ Joseph Long
Commentary: Winoker Realty Co.’s Miller