Member Log In: E-mail Address Password Remember me on this computer

	Top Stories for the Week of April 09, 2007	Print Full Issue
	Click Here For Regional Coverage Italian Investors Close on C&W Majority Stake NEW YORK CITY-Cushman & Wakefield is turning from Japanese. Italian investment trust Ifil has closed on its purchase of a 71.5% stake in the New York City-based services firm. Harrah's Shareholders Approve $17B Offer LAS VEGAS-The $90 per-share buyout still requires approval from gambling regulators in more than 15 states and tribal nations where Harrah's operates. Simon-Farallon Close $7.9B Mills Buy CHEVY CHASE, MD-Simon Property Group and Farallon Capital Management won out over many other hopeful bidders over the last year or so. Apollo Considers $1.5B Private Offering NEW YORK CITY-After several months of aggressive acquisitions, Apollo Management is said to be mulling a private offering. Crescent Lands $1B Mixed-Use Redevelopment WASHINGTON, DC-The project will take up 4.5 million sf on the southeast corner of the Armed Forces Retirement Home’s Washington campus. Petitioners Attempt to Block Atlantic Yards BROOKLYN, NY-The 26 co-petitioners have asked that a new environmental study be conducted and that the project goes to vote before the PACB again. Winston Opts for $850M Merger Agreement RALEIGH, NC-The locally based hotel REIT enters into a definite agreement with Inland American Real Estate Trust, Inc. for $15 per share. $550M Maguire Refinance Funds EOP Buy LOS ANGELES-The REIT will apply $225 million of the net proceeds of the refinancing of Wells Fargo Tower to help fund its $3-billion purchase of an Equity Office Properties portfolio. L&L Pays $500M, Plans Renovations for Toy Center NEW YORK CITY-L&L Holding Co. has plans to turn the basically vacant building into a class A office property through a $75-million renovation project. Centex, Balfour Stamp $362M Divisional Buy DALLAS-As planned, Centex sells the construction services group, agreeing to an 18-month non-competition covenant barring third-party commercial work. $275M Buffalo Project Gets Green Light BUFFALO-Bass Pro Shops has signed on to anchor tenant the project, in a 100,000-sf, three-story building to be funded by the Erie Canal Harbor Development Corp. Heyer Resigns as CEO of Starwood Hotels WHITE PLAINS-The resignation comes after the board of directors “lost confidence in his leadership” and had issues with his management style. CBRE Names Chief of Americas Asset Services DALLAS-Come July 1, Jana Turner will pass the president's gavel to Tony Long, a 22-year leader from TCC's camp, as she becomes a consultant. Varsity Capital Advisors Wins NH Housing Deal DURHAM, NH-The Virginia-based real estate investment firm is chasing office, residential and retail properties in college towns throughout the eastern US. Print Top Stories

Regional Coverage
Northeast     Print Full Region • FCP Completes $405M Multifamily Transaction • Farley Post Office Sells for $230M • $110M Takes 301,000-SF 54th Street Building • $100M 12-Story MXD Gets Approval • JP Morgan Puts Two Buildings on Block • $95M Refi Set for Gateway Tower • Cedar Closes On $90M Portfolio for New JV • 17-Building Industrial Portfolio Trades for $79M • Tishman Speyer Buys 833,000-SF Office • First Industrial Bets 700,000 SF on Spec	Southwest     Print Full Region • GE's $256M Scores 3,532-Unit Multifamily Win • Duke's $200M Mixed-Use Starts With Office • Summer Construction Eyed for $200M Austonian • Liberty Property Pays Nearly $188M for 1M SF • GE-Backed JV Puts $55M to Work for 690 Units • Post-Led JV Unveils 166-Unit Condo Project
Midwest     Print Full Region • 120 Hyatt Place Hotels To Be Open by Year’s End • Plans Unveiled for $270M Mixed-Use Project • Developer Secures $136M for InterContinental • $112M Plus To Finance Apartment Upgrade Plan • 5M-SF Owner Cuts Office/R&D Rates by 20% • 60,000-SF Office Being Built for Computer Firm • JLL Appoints Thurman Chief Diversity Officer	West Coast     Print Full Region • Gemstone Preps to Build $330M ‘Manhattan West’ • Vulcan Completes Arena Acquisition • D.R. Stephens Seeks $250M for Institutional Fund • Cedar Places $170M of Assets into JV • NY Buyer Acquires Jewelry Center for $144M • BEA Sells Land for $108M, Buys New HQ for $135M • Three-Building Office Campus Trading for $70M • Digital Realty Trust Sheds Two Office Buildings
Southeast     Print Full Region • Ritz-Carlton Adds Fourth Tower to $350M Project • $130M Project To Break Ground by Year’s End • CA Buyer Takes 193,000-SF Office Property • Morgan Enters Market With 331-Unit Project • Flex Portfolio Sells in $56M Transaction • Wells REIT Sheds 165,000-SF Office Asset	Around The Globe     Print Full Region • Colliers Int'l Pushing 167 Acres on Panama Canal • 69,965-SF Lease Will Conjoin IBC I & II
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: British Council's Richard Kauntze