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Top Stories for the Week of April 16, 2007
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Unibail To Buy Rival Rodamco for $15B
PARIS-The deal bolsters Unibail’s swath of office, retail and convention-related properties by adding a vast portfolio of prime shopping centers.

UPDATE: $9B Realogy, Apollo Merger Closes
NEW YORK CITY-This merger is one of a handful Apollo has entered into over the last four months.

UPDATE: CNL Hotels Stockholders OK $6.6B Merger
ORLANDO-In addition to the Morgan Stanley merger, stockholders also give a thumbs up to the sale of about 51 select properties for $2.4 billion.

Indian Hotelier Plans $4B Pipeline
NEW DELHI-The goal to expand the hotel stock by 12,000 rooms reflects tight vacancies and a commitment to the free world’s largest emerging economy.

UPDATE: Housing Authority Nixes Starrett City Deal—Again
BROOKLYN, NY-Clipper Equity’s second run at the 14,000-resident complex is being rejected. But the would-be owners are hanging in, insisting affordability won’t go away.

Istithmar Flips 280 Park Ave. After 10 Months
NEW YORK CITY-The 1.2-million-sf property is under contract to sell for close to what the Dubai-based firm paid less than a year ago.

RealShare EXCLUSIVE: Hotel Industry Faces Uncertain Future
NEW YORK CITY-Lodging pros see 'an anxious time' as they chart an economy slowing faster than expected.

UPDATE: BioMed Forms JV, Closes On $500M Deal
SAN DIEGO-The life science REIT enters into a joint venture with Prudential Real Estate Investors and closes on the former Lyme Timber Co. portfolio.

British Firm Buys $500M Condo Tower Site
BEVERLY HILLS, CA-The CPC Group acquires 9900 Wilshire Blvd., an eight-acre site planned for a LEED-certified condominium project totaling 252 units.

1M-SF-Plus Bank of America Goes Up For Sale
HOUSTON-A Hines fund puts the 93%-leased landmark on the market. A source says it could hit $300 per sf to $325 per sf.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
Clipper, Government Fight for Starrett City
$312M Amusement Park Deal Closes
UPMC Inks $250M Lease at US Steel Tower
Hotel Borrowers In Midst of Good Times
Gaming Board Sues Council Over Referendum
Normandy Takes Three Hub Assets for $75M
Penn Center East Complex Trades for $71M
Crate and Barrel Expands by 275,000 SF
ProLogis Plans $67M, 62-Acre Park
Clemente Development Sells Office for $48M
Southwest     Print Full Region
CNL Finalizes $2.4B Asset Sale, $6.6B Merger
JV Plans $250M Addition to $900M Cooper Life
JV Games Out $120M, 650,000-SF Office Park
Brookfield Signs Fidelity To 10-Year Lease
Crescent, Walton Renew, Resize Asset Buy-Out
Phoenix Pros Explore City's Outlook
Colorado Buyer Picks Up 337,227-SF Portfolio
Lexington's $177 Per SF Wins 101,844-SF Race
Just-Completed 624 Units Garner Nearly $94M
REIT Wins Injunction Against Hartman
Midwest     Print Full Region
Plans Shape Up for $250M Industrial Park
Industrial Sites Sell for More Than $106M
Morgan To Build 326-Unit Mid-Rise in Old KC
Third Ward To Get New Office/Retail Building
Welsh Building Two Offices, Includes Own HQ
Parmenter Buys One Financial Plaza for $47M
JV Plans $55M Senior Apartments in Suburbs
Foreign Auto Supplier Expanding in Two States
West Coast     Print Full Region
Hypo Loans $520M for Snowmass Base Village
MGM Closes $400M Asset Sale; More in the Works
Maguire To Sell $300M in Office Properties
City Taps Two for Naval Air Station Project
60 LOIs In Hand for World Jewelry Center Offices
Northwestern Unit Expands Into 64,000 SF
South Bay-Praedium JV Flips Business Park
$38M Buys Downtown Apartment Complex
Essex Buys 104-Unit Harvest Park Apartment Homes
Officials Approve $35M Opus Project
Southeast     Print Full Region
$40M Apartment Complex Rising in Miramar
$500M, Two-Hotel Project Breaks Ground
Tishman Speyer Takes 335,000-SF Courvoisier Centre
$100M Project To Create Four Immigration Centers
$75M Addition Pushes Joint Fund to $280M
1M SF Changes Portfolios in Nashville Market
NYC Firm Buys 10-Lot Development Site
Dirt Moves on $50M Retail and Office Project
New JV Targets Midtown Project’s Second Phase
Around The Globe     Print Full Region
Ventas Raises Bid for Sunrise to C$2.3B
ProLogis Roaming Into Southern Italy
LaSalle Investment Management Heading South
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: EPRA's Fraser Hughes
ViewPoints: Insurance Info Transparency Faces Challenges


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