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Volume 5 - Number 13 | July 3, 2007

TOP STORY: QI Laws Passed in Nevada, Proposed in California
By Michelle Napoli
A law regulating 1031 exchange qualified intermediaries was passed and signed into law in Nevada and another has been proposed in California.



Insider: U.S. Realty Advisors’ Richard Ader
By Michelle Napoli
In a net lease and sale-leaseback market that has many new entrants, New York City-based U.S. Realty Advisors LLC stands out as one of the stalwarts of the business, having been focused on such transactions since 1989.

JP Morgan Chase to Build on WTC Ground Lease
By Michelle Napoli
JPMorgan Chase plans to build a 1.3-million-sf global headquarters for its investment banking division at site five of the World Trade Center in Lower Manhattan, where the former Deutsche Bank AG building was heavily damaged in the 9/11 terrorist attacks.

SunTrust Plans SLB Of 475 Properties
By Michelle Napoli
SunTrust Banks Inc. plans to use sale-leasebacks for nearly 475 properties in an effort “to enhance shareholder value by pursuing specific productivity and efficiency-related initiatives.”

Data Points: Available Net Lease Properties Reach New High


Short Takes: Lex-Win Extends Tender Offer Expiration Date


Recent Transactions: Evans Randall Buys Deutsche Telekom, Man Group Assets


Ratings Update: Fitch Downgrades RadioShack



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