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Top Stories for the Week of September 28, 2009
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Hoteliers: Not Much Happens Without Capital
PHOENIX-The lodging industry remains at a standstill until the financing markets unlock.

Future of Retail: Jobs, Banks and Innovation
NEW YORK CITY-ICSC's Capital Markets Conference held a consensus that the best thing to do while waiting for bank money was to try to get ahead of the next big trend.

'Real Market Improvement Several Years Away'
OAKLAND, CA-Job losses this year and expiring short-term extensions on still distressed debt in 2010 and 2011 could mean several additional years of weak office values.

Owners Should Green What They Have
NEW YORK CITY-The retrofitting of existing buildings will prove the best opportunity for reducing emissions--and energy costs.

RREEF Outsources 120M SF to Brokers
NEW YORK CITY-CB Richard Ellis and Transwestern will take over management of the office and industrial portfolio; RREF will continue as asset manager.

Colony Financial Prices Shares of $255M IPO
CENTURY CITY, CA-Colony Financial Inc. offers 12.5 million shares at $20 per share for a new REIT that will buy distressed assets, including performing and nonperforming loans.

Hospital MOB Portfolio Sells for $163M
GREENVILLE, SC-Healthcare Trust buys 16 buildings totaling 855,000 square feet.

Condo Developers Fill Credit Market Void
MIAMI-They are now working with construction lenders to provide financing for buyers.

Taubman Writes Down Value of Two Properties
BLOOMFIELD HILLS, MI-The REIT will experience a reduction in earnings around $169 million, after writing down properties in New Jersey and Virginia to fair value.

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Regional Coverage
Northeast     Print Full Region
US Lags Globe in Sales Rebound
Rite Aid Negotiates Rent Cuts
Kimco Closes $300M Note Sale
ClearRock Properties Launches
Ratner, Russian Fund Strike Arena Deal
Enterprise Expands Into Workforce Housing
DOD Extends Terrorism Building Standard Deadline
High-End Retail Rents Lose Altitude
$91M Takes 1099 New York Ave
Eola Acquires Passive Interest in Assets
Opportunities Await Those Who Think Ahead
Moinian Tops Off Downtown Hotel
Aggarwala Urges ‘Hard Changes’ in Green Mindset
Fameco Starts Distressed Retail Service
Long Branch Settles Eminent Domain Case
FedEx Takes 343,000 SF of W/D
Southwest     Print Full Region
1,105 Units Go to TN Buyer
Hotel Indigo Will Build in State Capital
Macerich Refinances Biltmore Fashion Park
Midwest     Print Full Region
Harrison, Landmark In $100M Student Housing JV
Molto Awards 3M SF to NAI Hiffman
Magellan Begins Condo Deliveries At $475M Aqua
Sherwin-Williams Renews 1M-SF Lease
West Coast     Print Full Region
Industry Faces Shortage of Receivers
Banks Growing Aggressive on Loan Sales
Harrah’s Hikes New Term Loan Plan to $1B
Storage Facility Sale Tops 325,000 SF of Deals
Four Office Tenants Sign for 104,000 SF
Entrada Wins 1,900-Unit Management Assignment
Harrah’s Seeks $750M in New Term Loans
Homeland Security Expands Office Space
$52M Office Sale Tops L.A. County Deals
NoHo Apartment Complex Sells for $96M
Wynn Prices, Increases Asia IPO
Rental Relief--Necessary Evil or Delaying the Inevitable?
Southeast     Print Full Region
Developer Makes Free Land Offer
South Florida Hotels Taking a Beating
Wood Partners Looks to Buy Apartments
Colony Resort To Suspend Operations
Hotel Sells for Less Than 1998 Price
Buckhead Promotes Itself as Bargain Play
Around The Globe     Print Full Region
DTZ Posts Loss But Sees Profitability Ahead
Spain’s BBVA In €1.6B S&L of Branches
TMW Pramerica to Reopens German Fund
Retail Investment in European Reaches Peak
Departments
Executive Watch: Outrage on Pay
UpClose: Real Estate Disposition's Jeff Frieden
Commentary: Florida Realtors' Cynthia Shelton


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