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	Top Stories for the Week of February 23, 2009	Print Full Issue
	Click Here For Regional Coverage Stimulus Bill Delivers Broad Brush Impact WASHINGTON, DC-New construction is expected to receive a boost with $135-billion investment in infrastructure part of the bill. Forecasts: CRE Industry Bleak as Credit Tightens WASHINGTON, DC-Real estate industry associations are counting on the expanded TALF to get credit moving again. Watchword for Brokers: Solutions NEW YORK CITY-The successful broker, now and going forward, is the one who asks how much he or she can do for clients. Report: Longest US Recession Since WWII LOS ANGELES-A report from regional economists reveals the US and Southern California are in a lengthy recession, however modest recovery is expected by the end of 2009. JCPenney OK Despite Weak Economy PLANO, TX-Despite a profit decline, the retailer's executives report exceeding guidance estimates and plans to open 17 stores in 2009. Construction Down; Firms Branch Out For Work CHICAGO-While construction has dropped significantly, companies keep the pipelines flowing with build outs and smaller scale projects. CBRE Names New CFO, Adds CIO LOS ANGELES-The company names Robert E. Sulentic as CFO and appoints Jim Groch to the newly created position of chief investment officer for corporate finance and strategy. GM, Chrysler Restructure with Layoffs, Plant Closures DETROIT-The US automakers asked the government for $14 billion more in loans in addition to the $25 billion already pledged. Trump Entertainment Files Chapter 11 ATLANTIC CITY-Gambling revenue fell 7.6% here last year, contributing to the celebrity-backed firm’s troubles. Distressed Sale Sets New Trend WEST PALM BEACH, FL-iStar Financial sold 141 units at The Whitney condo for $24 million, less than half of the original retail price. Print Top Stories

Regional Coverage
Northeast     Print Full Region • New HUD Chief Calls for Transparency • Brandywine Realty Considers Asset Sales • Multifamily Portfolio Lands $92M Refi • Carlton Rolls Out $300M First Mortgage JV • Work Advances on Subway Extension • $2B Development Wins Approval in PG County • Gyrodyne Makes First DC Investment • $43M Lassos Multifamily Portfolio • City Unveils Jobs Plan for Financial Sector • Starrett City Off the Block • Boston Unleashes $6.8B Project List	Southwest     Print Full Region • Local NAI Joins Distressed Assets Program • Cencor Targets Distressed Retail • JV Going Full Bore To Acquire Troubled MF
Midwest     Print Full Region • Inland To Auction Off 326 N. Michigan • OfficeMax Seeks More Retailer Partnerships • Glimcher Sees Loss in ’08, Profit in Q4 • Roundy's Enters Market at $50M Development • Younan Fails To Complete $124M Purchase	West Coast     Print Full Region • Report: Vegas Apt. Vacancy Spikes in December • Report: Vacant Land Deals, Values Continue to Shrink • Multifamily Closings Include Distressed Debt • Small Apartments Address Housing Crunch • Red Robin Cuts Growth in Half • Investment Consultancies Mercer, Callan Merging • 1M-SF Former Sun Campus Still 24% Leased • Foreclosed Center Sells for Repositioning • AIR Forecast Sees Hope for Second Half • Harrah’s Entertainment Maxing Out $2B Credit Line • Makar Completes $60M Hilton Makeover
Southeast     Print Full Region • Troubled Times for Tampa Bay Industrial • Related Seeks Hotel Investor • Wells Fargo Reclaims BayWalk Complex • Lenders Try Unloading Troubled Loans • Cousins Makes Leadership Moves • TIC Properties Expands Management Portfolio	Around The Globe     Print Full Region • Poland Will Spend $26B for Euro 2012 • Gap Inc. Signs Franchising Deal in Israel
Departments
Executive Watch: Junking Junkets
UpClose: Babson Capital Management's Robert Little
Commentary: Prudential Douglas Elliman’s Consolo