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Top Stories for the Week of March 5, 2007
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JV Erecting Estimated $4B Hotel Complex in Macao
COTAI STRIP, MACAO-Of the projects, the 4,000-room Sheraton Macao will be the largest hotel on the Cotai Strip and Starwood’s largest hotel globally.

Station Casinos Accepts FCP's $8.8B Offer
LAS VEGAS-FCP will acquire all of Station's outstanding common stock for $90 per share in an all-cash deal. Unless a better offer comes through in the next 30 days.

New Plan Excel In $6B Buyout
NEW YORK CITY-The deal gives Australia-based Centro 467 shopping centers across the country on top of the two large portfolios it has acquired here over the last two years.

DDR Closes on $6.2B Inland Takeover
CLEVELAND, OH-The company will now own and manage 162 million sf, with 800 retail operating and development properties.

HUD Blocks Starrett City Sale, Calls for Re-Bid
BROOKLYN, NY-Less than a month after Clipper Equity won the bidding war for the housing project, the federal government steps in and stops the buying process.

DC Is Primed for a Strong 2007
WASHINGTON, DC-The nation's capital is poised to attract even more investment money as capital flocks to quality assets and markets. That was the message at RealShare DC.

Ashley Capital Closes On Steelcase’s 4M SF
GRAND RAPIDS, MI-The company likely spent less than $30 million for the 18 buildings on 200 acres, sources say, and will spend $50 million to redevelop the property.

REM Launches Real Estate Florida
NEW YORK CITY-Rosanne Versaggi steps into the role of associate publisher of the firm's newest print initiative.

Crescent Set for Major Asset Dump
FORT WORTH-In addition to selling properties in a variety of niches, Crescent is planinng to convert to a pure office REIT.

AMB Plans Nearly $2B of Annual Development
SAN FRANCISCO-The industrial REIT plans to expand its development pipeline from $914 million in 2006 to a target of approximately $1.6 billion per year by 2010.

GSR Unveils A Redesigned Website
NEW YORK CITY-This week, GSR will have a brand-new look, additional content and a closer relationship with its sister website, GlobeSt.com.

Trump Partners With Cap Cana on $2B Resort
CAP CANA, DOM. REP.-the Trump Organization and Cap Cana SA plan to open the first phase of a 1,000-slip marina in the spring.

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Regional Coverage
Northeast     Print Full Region
Panel Urges Congress to Act Before TRIA Expires
Stock Dump Could Shift RE Into Overdrive
$725M Refi To 'Simplify Financial Structure'
Warehouse Site To See $400M Mixed-Use Project
Navy Taps GMH for 5,501 Housing Units
STAG Sets $200M Sights on Europe
UBS Takes 324 Luxury Units for $80M
Grubb To Pay $86M for Danbury Corp. Center
Comcast Bites Off Six More Floors at HQ
IPC REIT To Buy Marquee Office for $74M
Southwest     Print Full Region
Crescent Expects $2B-Plus Harvest From Sales
$1B in Two Opportunity Funds Get Under Way
JV Partners Win $750M Military Housing Pact
Hall Tickets $500M for Office, Hotel Deals
Trump A No-Go for $300M Casino Development
1M-SF Spec Leading Off $120M Industrial Park
$168M Fuels Start of CBD Mixed-Use Project
Spin-Off Will Sell 100,000 Commercial Acres
Moody Planning $80M Energy Corridor Project
$53M Plus Earns 175,191-SF Office Building
Midwest     Print Full Region
Terrapin Secures Loan for $100M-Plus Condos
JV Buys 100 Acres for Homes, Retail Center
Hanson Building 350,000-SF for Cold Storage
Empty 350,133-SF Building Sells, Gains Tenants
UBS Tower Recommits Two Tenants for 62,000 SF
Higher Hotel Traffic Spurs New Practice
Public Station Buys 94,000-SF Office Building
West Coast     Print Full Region
Myers JV Plans 670,000-SF Office Complex
Boyd Trades Strip Stake for Land
2,000-Acre Inspirada Community on Tap
$576M Upgrade Begins at LAX Terminal
Vegas Casino Ownership Flips To Harrrah's
World Market Building Plan Gains Steam
$52M Continental Deal Cuts Debt Costs
Kennedy Wilson Acquires $120M Apartments
Office Portfolio Commands $27M
Southeast     Print Full Region
Ambling Eyes Year’s End for $800M Mixed-Use Start
Lennar, LNR Complete New Partnership
Opus South To Develop $300M Mixed-Use Project
NY Buyer Takes 13-Building Portfolio for $67M
Local Firm Penciling $50M Mixed-Use Plan
Madison Developing 254,000 SF in Two Centers
213,054-SF Center Carries Nearly $47M Price Tag
$22M-Plus Center Buy Spurs Redevelopment Plans
Rreef Acquires Mixed-Use Asset for $21M
Around The Globe     Print Full Region
Trophy Buy Broadens Morgan's Massive Japan Platform
Brookfield Closes $216M Deal With Hines Unit
Westcore Enters Austria With $108M Investment
Carey Unit Closes $68M French Sale-Leaseback
Hammerson Posts $185M Profit for 2006
$60M Luxury Condo Plans Taking Shape
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Deloitte's Dennis Yeskey


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