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Top Stories for the Week of October 12, 2009
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2010 Apartment Forecast: Uncertainty, But Optimism
LOS ANGELES-Whether looking at forecasts for the national economy, the mortgage and capital markets, or the apartment-rental market overall, the outlook at RealShare Apartments 2009 is mixed.

Corus Bank Assets Purchased by Starwood-Led Group
CHICAGO-The group will shell out $554 million for a 40% stake in $4.5-billion of troubled real estate loans. FDIC will hold the other 60%.

PPIP Funds Reach $12B
WASHINGTON, DC- BlackRock, Wellington Management Co. and AllianceBernstein are investing almost $2 billion into PPIP.

VIDEO: Values to Drop, But Cycles Will Stabilize
DALLAS-The Appraisal Institute’s Jim Amorin speaks to ALM Real Estate Media Group’s John Salustri at RealShare Distressed Assets.

Brokers: Q3 May Be Bottom
WASHINGTON, DC-Net demand is hitting bottom and brokers are seeing signs of positive growth.

Sources: Unemployment Numbers Less Grim Than Portrayed
WASHINGTON, DC-Losses in ‘office using sectors’ and in the government are skewing the actual outlook.

$170M Office Sale Sets 2009 Record
BIRMINGHAM, AL-A partnership acquires the 588,000-square-foot Social Security Center, once owned by Opus South, out of bankruptcy.

HSBC in $330M Sale-Leaseback of US HQ
NEW YORK CITY-The bank will lease 11 floors of its US headquarters at 452 Fifth Ave.; its London and Paris towers are also on the block.

Rio Readies for 2016 Olympics
RIO DE JANIERO-Rio officials plan to create nine new permanent buildings and seven temporary buildings.

Fontainebleau Judge Wants Quick Sale, Not Ch. 7
LAS VEGAS-'The record in this case indicates that the parties to these proceedings are not cooperating with one another,' US Bankruptcy Judge A. Jay Cristol in Miami states in his order.

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Regional Coverage
Northeast     Print Full Region
Testimony: 'Skin in the Game' Proposal Needs Tinkering
Special Servicers Get 6% Busier
Late Labor Day Boosts September Sales
Optimistic Long-Term, Not Short-Term
Landex Scores $130M Park Morton Project
Blackstone Sinks $2.7B Into Theme Parks
Chase Tower Said to Be Off the Market
Multifamily Activity Surging in DC Area
Midtown Keeps Up Leasing Momentum
Investment Firm Banks on New Headquarters
Reports Suggest Brighter Jobs Outlook
$85M Snags Two Trenton Office Buildings
UGC: Green Cost Premium Disappears
Office Vacancy Rises, Rents Decline
Surviving and Thriving
Optimizing Your Assets
Apartment REITs Set to Rebound
Retail: Single-Tenant Deal Flow Sees Smallest Decline
Southwest     Print Full Region
Report to Solar: Consider AZ
MF Q3 Effective Rents Drop 3.5%
Foreclosure Initiated on 439 Units
Midwest     Print Full Region
Downturn Continues in Q3, Companies Downsize
Vacancy Hits 14.8%, Will Rise Further in CBD
$554M Corus Deal Mostly Condos, Multifamily
Phillips Edison Buys 600,000-SF Mall
West Coast     Print Full Region
Coreland Wins 1M SF of Receivership Assignments
Experts Probe Capital, Distressed Assets Outlook
Apartment Complex Trades at Steep Discount
Judge To Order Fontainebleau Sale
Supervisors Approve Tejon Ranch Project
NBC Universal Updates $3B Long-Range Plan
Vegas Retail Vacancy Dips in Q3
Walmsley Joins Madison Marquette
Southeast     Print Full Region
Yum Continues International Growth
Joblessness Takes Toll on Bay Area Retail
Corus Loan Sale Likely to Reset Prices
Big Peach Office Leasing Drops Off in Q3
Colony Resort Files Chapter 11
New, Green Darden Restaurants HQ is Finished
WestShore Plaza Goes on Market
Around The Globe     Print Full Region
Multi Readies as Mall Investing Developer
Loan Servicers Get More Active in Crisis
Tesco Inks $819M Sale-Leaseback Deal
Departments
Executive Watch: Lots -O-Space
UpClose: Rosen Hotels' Harris Rosen
Commentary: FirstService Williams’ Lisser


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