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Top Stories for the Week of August 10, 2009
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Govt. Backtracks on GSEs; Fannie Taps Treasury Capital
WASHINGTON, DC-The multifamily industry is watching intently to see what happens to Fannie and Freddie.

GGP Reports Q1 FFO Loss of $0.52 Per Share
CHICAGO-GGP released its first quarter earnings numbers last night, indicating a heavy loss due to rising vacancy. Its Q2 figures were brighter.

Study: REIT Execs Take Hit on Bonuses
NEW YORK CITY-Depressed stock prices meant that long-term incentive awards for 2008 fell faster than cash bonuses, says the Schonbraun McCann Group.

July Same-Store Sales Plunge 5%
NEW YORK CITY-Comparable-store sales fell in all sectors with the exception of drugstores, as the consumer continues to hold back.

Triple-A CMBS on a Hot Streak
NEW YORK CITY-Spreads on top-rated securities have narrowed by up to 150 basis points lately, Trepp says in a new report.

Owners Add Incentives, Tenants Resist
SACRAMENTO, CA-Even with the generous concessions and lower rents being offered, building owners are having a hard time getting tenants to sign office leases.

VIDEO: New Taxes Aren’t Bad for Development
NEW YORK CITY-Taxes in place from the new Stimulus Act could help spur redevelopment projects in New Jersey, said Ted Zangari.

Cash Is King in Apartment Deals
JACKSONVILLE, FL-A quick closing allows a local complex to sell for less than $16,000 per unit.

National Retail Posts Higher Revenue
ORLANDO-The REIT sees lower earnings but stable FFO through the first half of the year.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
1031 Owner Gets 100 Years in Fraud Case
Who Is Ground Zero's Ombudsman?
Source: Too Early To Judge Whether MF Finance Impacted
Gov.: WTC Could Go on Without Silverstein
100%-Occupied 238,000-SF W/D Trades
Roundtable Pushes Congress for Loan Insurance
Trump Faces Battle for Control of TER
Administration Considers Fannie, Freddie Split
Blackstone Shrinks Quarterly RE Losses
Northern NJ’s Office Market Continues Sluggish Pace in Q2
Donald Trump Back in AC Casino Biz
Hersha Hospitality Considers Further Dispositions
Graybar Building Gets $145M Refi
Reis Says Its Margins Stay Strong
JLL Tapped to Manage Gramercy Portfolio
SPI Takes WTC Dispute to Arbitration
Source: Distress Drives Down DC Rates
Congress Pushes Feds to Extend TALF
Church Park Commands $130M Refi
Aetna Takes Floor at 100 Park
Vornado Posts Q2 Loss of $52M
Midtown MF Scores $151M Financing
Stimulus Act Is Law, 'Anti-Encap' Bill Up Next
Southwest     Print Full Region
1,348 Bascom Units in Foreclosure
1M-SF West Oaks Hits Market
Weingarten: Worst Is Behind Us
Distressed West End Square Up for Sale
Canadian Snags 37 Units From Foreclosure
Camden Braces for Second-Half Challenges
Midwest     Print Full Region
UAL Lease Seen As Evidence of Positive Trend
UAL Picks Willis Tower for Headquarters
Office Market Holds Steady, According to Numbers
Simon's Q2 Hurt by $141M Impairment Charge
Clear Channel Takes 107,000 SF on Michigan Ave.
West Coast     Print Full Region
HCP Buys $720M Stake in HCR ManorCare Debt
Report: Commercial Delinquencies Rise in Q2
LandSource Exits Ch. 11 as Newhall Land
Boyd Gaming Still Angling for Station Casinos
MGM Mirage Posts $212M Loss in Q2
American Casino Plans $375M Note Sale
Studley: Valley Office Leasing Falls 64%
Forecast Foresees Increasing Instability
Yellowstone Club Trades for $115M
Macerich Pursues More JV Deals
Grubb Loses $33M, Foresees Slow Recovery
New Apartments Fill Despite Downturn
Wynn Profit Falls But Exceeds Expectations
CBRE Lands ADP, Ontario Assignments
Southeast     Print Full Region
With Deals Scarce, Equity One Refocuses
Distress Totals Could Be Worse
Taylor Bean Suspended By FHA
St. Joe Reports Deeper Q2 Loss
Bankrupt Waffle House Franchisee Draws Bids
Related Bids on Palm Beach Hotel
Regency Centers Posts Q2 Losses
Around The Globe     Print Full Region
HSBC Spending $200M on Russian Branches
DTZ To Manage 5,000 Shell Locations
Songdo Finishes $250M Phase I
Banks Greenlight Norwegian ReCap
FdR-Télécom Deal Includes €133M Asset Sales
French SFL Does €117M in Dispositions
CBRE To Manage Ontario Government’s Portfolio
Departments
Executive Watch: Great Expectations
UpClose: Behringer Harvard’s Alfieri
Commentary: NorthMarq's Mark Scott


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