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	Top Stories for the Week of October 6, 2008	Print Full Issue
	Click Here For Regional Coverage House Comes Through on Rescue Bill WASHINGTON, DC-Now that the political drama is over, the mechanics of this agreement--purchasing mechanisms, valuation methods, and criteria for identifying troubled assets--will move to center stage. Citigroup Cries Foul on Wells Fargo-Wachovia Merger CHARLOTTE, NC-Citigroup is voicing its opposition to the merger between Wachovia and Wells Fargo, saying it violates its agreement with Wachovia, announced Monday. Experts Map a Suddenly Changed Landscape NEW YORK CITY-Even as the upheaval on Wall Street imperils the economy, experts say smart operators will adapt and even flourish. Mitsubishi UFJ Invests $9B in Morgan Stanley TOKYO-Mitsubishi UFJ Financial Group investment gives it a 21% interest in the former investment bank. Wachovia, Wells Fargo Agree to Merge CHARLOTTE, NC-The $15.1-billion deal negates the need for the FDIC-arranged Citigroup takeover, as the CA-based bank merges with faltering Wachovia. Senate Passes Rescue Bill WASHINGTON, DC-For the third time the House on Friday will be considering the bill, which has been tweaked some more to make it palatable to the congressional holdouts. Developer Gets Nod for $1.5B Waterfront MXD WASHINGTON, DC-The District government is signing a Land Disposition Agreement with Hoffman-Struever, giving the team the green light for its plans to develop a $1.5 billion community. Federal Rescue Could Go in Any Direction WASHINGTON, DC-Last minute proposals are including insurance for banks holding these assets, premiums charged for MBS holders and cuts in capital taxes. HUD Gives Grant for $1.5B Plan Continuation CHICAGO-The CHA will get $20 million to support the second phase of its rebuild of the former Stateway Gardens, with more than 1,200 new residential units. WTC Rebuilding Schedule Gets New Roadmap NEW YORK CITY-The report set a new timetable for completion of One World Trade Center, the Freedom Tower and all of the site's public infrastructure. Team Wins Bid for $800M+ Stadium Project MINNEAPOLIS-City leaders hope to keep the Minnesota Vikings in town by rebuilding the Metrodome, and adding a retractable roof. Funding remains elusive. House Fails to Pass Bailout Bill WASHINGTON, DC-Thirteen votes shy of the measure, it is mainly Republicans that are objecting to the $700 billion plan that has been hashed out between the two parties. CIBC Sells US Asset Stake to Cerberus Fund NEW YORK CITY-The $1.05-billion portfolio investment by locally based Cerberus Capital Management will allow CIBC to reduce downside risk while preserving upside potential, CIBC says. Planners Delay Action on $600M Solis Resort SCOTTSDALE, AZ-The developer of the 241-room Solis Scottsdale Resort and 141 condos gets until Oct. 22 to review city staff comments and get more public input for a rezoning request. Apartment Conference Keys on Bailout LOS ANGELES-The all-day conference and networking event was closely tied to the current state of the economy and the commercial real estate markets as well as the financial situation on Wall Street. Parkview Starts New $536M Hospital Campus FORT WAYNE, IN-The 900,000-sf building is one of many new hospitals being built to replace 1950s-era government-subsidized facilities. Corzine, Goldberg Headline NJ Program TEANECK, NJ-Taxes and the state budget, toll hikes, business incentives, the financial meltdown and their combined impact on real estate are the focus of a busy agenda. Print Top Stories

Regional Coverage
Northeast     Print Full Region • $500M Wesmont Station's Phase One Passes Muster • National Grid to Develop Solar Facilities • Ciena Capital Declares Bankruptcy • DEP Fast Tracks $400M MXD • Developer Closes on $212M Recap Financing • GWB Bus Station Awaits $152M Redo • Natural Gas Firm Takes 257,000-SF Office Space • BPG Closes on First Phase of Multifamily Buy • 810,000-SF Port Project Set to Start • Cordish Would Spend $100M for Tropicana Redo • Emmut Properties To Shed New Apt. Building	Southwest     Print Full Region • 250,898-SF Park Place 8 Hits Koll/PER's Hands • Panattoni Begins Work on 1M-SF Airtex Park • Bradford Grabs Leasing at 1M-SF Business Park • Range Resources Bumps HQ Office to 112,000 SF • 10-Year Lease Secures 124,000-SF Warehouse • CA Partnership Emerges as 313,000-SF Winner • Off-Market Offer Pockets 312,522-SF Warehouse • 1980s' Survivors In High Demand on Jobs Circuit • Davidson Gets Marriott's Spot at 171-Key Resort • 1M-SF-Plus Post Oak Set to Change Hands in Fall • Permenter, Team Keeping 734,400-SF Office Block • AmeriCredit Restructures 10-Year CBD Lease
Midwest     Print Full Region • $200M Inland, AIG JV Goes On Despite Failure • Chase Likely To Close Most Local WaMu Sites • Intercontinental Opens $180M Airport Hotel • Fay, Ike Damage 115 Aimco Properties • Primestor Plans $132M Little Village Project • FirstGroup Hires CBRE to Evaluate 2,000 Sites • Experts: CRE at Standstill, Will Get Worse • ICO, Sovereign Invest in 250,000-SF Office • Walton, SLC Buy 232-Unit Seniors Housing • Ropes & Gray Moves Office to 111 S. Wacker • Bridge, McMorgan Finish $45M Industrial Park	West Coast     Print Full Region • Macerich Closing $538M in Financings • Adelson Loans $475M to Las Vegas Sands • WaMu Sale To Impact West Coast CRE • Leasing Activity, Rates Rise for Digital Realty • Morris Agency Sells 183,000-SF HQ for $143M • Bixby Spends $24M on 452,000-SF Warehouse • KW, Guardian Life Pay $84M for Avalon Asset • Landmark Lake Avenue Retail Hits Market • Mervyns, Hilco Busy Reviewing 172 Leaseholds • Optisolar Leases 60,000-SF Building for New HQ • Seniors Complex Trades Above List at $57M • $32M Sale, 235,000-SF Lease Top 500,000 SF • Vegas Police Ink Deal for New Headquarters • Multifamily Sales Totaling 140 Units Top $22M
Southeast     Print Full Region • 1M-SF HealthSouth Shell Upstages $316M Build • Trump Cancels Tampa Tower Plans • St. Tropez Tops Off Last Tower • Banks Try Auctioning Assets to Avoid Major Loss	Around The Globe     Print Full Region • Musallam Pays $195M for Prince de Galles • Tradeunique Works on $43M Mixed-Use Complex • Hilton to Add 150 Hotels to Caribbean/Latin America
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