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Top Stories for the Week of December 3, 2007
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For Regional Coverage

Missouri Signs Off on Harrah’s Buy-Out
LAS VEGAS-The Missouri Gaming Commission grants Harrah’s approval to sell itself to a pair of private equity firms in a proposed $27.8-billion transaction.

Massive MXD Complex Set for India
HONG KONG-Shipra Estate is using the conference to unveil a sprawling mixed-use complex. At the heart of the master plan--estimated to cost seven to 10 billion euros--is a five-million-sf mall.

Investcorp Closes on $1.2B Park Ave. Buy
NEW YORK CITY-Investcorp Real Estate Group and affiliates of Broadway Partners acquire the class A 1.2-million-sf property from Istithmar.

Four Firms File Casino Proposals for Sumner
WELLINGTON, KS-The firms, which include Penn, MGM and Harrah’s, want to earn the right to become 'Facility Manager' at a new entertainment facility in the county.

GMH Secures $700M Package for Navy Development
WASHINGTON, DC-This financing will fund housing-related projects for 5,269 units across several bases in the southeast.

P.A., Vornado, Ruben Plan 1M-SF-Plus Tower
NEW YORK CITY-The proposed office tower above the Port Authority Bus Terminal is expected to generate approximately $500 million over the term of the lease.

Affordable Housing Bill Introduced in Senate
WASHINGTON, DC-This version differs slightly from the one pending in the House, divvying up funds between a grant program for states and a fund to finance housing.

Levy To Lead CBRE Capital Markets in Eastern US
NEW YORK CITY-Spencer Levy will coordinate and oversee the activities of more than 200 investment sales, and debt and equity finance professionals.

Paramount Acquires 30-Story Office
NEW YORK CITY-The rumors surrounding Paramount's deal for the 729,011-rentable-sf Deutsche Bank Building are true.

Penn Gaming Backs Out of Rosecroft Buy
WYOMISSING, PA-The move comes after Maryland legislation excludes the raceway’s location from installing video lottery terminals.

'Uncertain' Markets Pose New Challenges
NEW YORK CITY-Experts say the debt crisis marked a whole new set of circumstances from 2007’s first half and the industry is adjusting.

Revel Resorts Gets Key Approval
ATLANTIC CITY-State Cafra permit clearance will set the stage for initial footing and foundation work at the 20-acre site.

Westchester Insiders Focus on County Outlook
WHITE PLAINS-On Dec. 5, hundreds of industry professionals will descend on the Crowne Plaza for the Third Annual RealShare Westchester County conference.

NoVa’s Unique Strengths Take Center Stage
TYSONS CORNER, VA-The number of attendees at RealShare Northern Virginia continues to grow, with some 275 people expected to be at the Dec. 4 gathering.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
Clark Wins $300M Housing Mandate From Air Force
Arbor Seeks CBRE Realty Meeting on $247M Bid
GPT Heads $268M Buy of Benchmark Assets
Weinreb Takes 1500 Spring Garden for $210M
Team Officials Unveil Soccer Stadium Redesign
$175M Buys NoVa Drug Manufacturing Facility
Caution Creeps Into Boston Real Estate Scene
Council Releases Draft Master Plan
Liberty Completes 103,000-SF 'Green' Building
Arlington Office Lands 75,814-SF Lease
Fine Hotels Divests 855-Room Portfolio
Alcatel-Lucent Subsidiary Leases 68,000 SF
Port Site Sells for $90M
Perseus’ Redland Project Finalizes $83M Loan
W Hotel Project Moves One Step Forward
SJP Unveils Green Initiative for Two Towers
DEP Issues Permit for 43-Acre Wind Farm
Southwest     Print Full Region
Maxwell Closes On Land for $80M Office, Hotel
Seattle Investor Makes $41M Apartment Buy
St. Croix Capital Adding $40M to Austin Plan
241,460-SF 240 Penn Park Trades for $40M Plus
Venterra Realty Finishes 416-Unit Acquisition
La Cantera Sale Expands Convention Prospects
Carter Foundation, Riner Map Out 15M-SF Park
Cameron Acquires 372,757-SF Local Asset
Investment Group Brings 165 Acres to Market
McShane Contracts to Buy 147 Acres for New Park
Value-Add Buyer Picks Up Vacant 80,000-SF Office
43-Acre Multifamily Plan Takes Shape for Suburb
Midwest     Print Full Region
Fund Finances for Up To $300M in Projects
IDI Begins $200M Antioch Corporate Center
Strathmore Begins $171M Mixed-Use Project
Liberty, Common Get Loan for $130M Portfolio
Duke Begins First Phase of $100M Office Park
Bed, Bath & Beyond Signs at 500,000-SF Center
Hedgeman Lyle Academy Leases 110,057-SF Office
Middough Inc. Doubles to More Than 68,000 SF
Laird, Cisco Lease 62,000 SF at Ridge Center
Capital Consolidates Loan for $72M Portfolio
Herrick Buys Industrial Building in Shoreway
Orix, Capital Plan 277,000-SF Spec Facility
Bridge, McMorgan Buy 29 Acres for $45M Park
West Coast     Print Full Region
Hines Buys 350,000 SF for $230M
Deposit Keeps $225M Hooters Hotel Sale Alive
$200M Bascom Portfolio Hits Market
Kennedy Wilson Sells Apartments for $147M
Debt Questions Cloud Otherwise Clear Picture
Industrial Sector To See ST Slowing, LT Growth
Focus Turns to Sales for Mountain Retreat Project
Capital Properties Updates Rincon Towers Plan
Colliers Launches Healthcare Services Unit
Equinox Fitness Inks $33M Lease
Greenlaw JV Buys Stadium Centre for $32M
Southeast     Print Full Region
Multifamily Portfolios Carry $225M Asking Price
Cypress Creek, Contrarian Launch $200M Program
Staubach Shifting SE Office to 3344 Peachtree
Highwoods Delays Sale of Winston-Salem Portfolio
Woolbright Pencils Start for 230,000-SF Center
Eola Capital Buys Maitland Center Assets for $50M
JV Eyes Spring Start for $42M Multifamily Plan
Somera Enters Atlanta With 350-Unit JV Deal
NNN Healthcare/Office REIT Takes 51,000 SF
CBRE Opens New Office in Palm Beach Gardens
Around The Globe     Print Full Region
Scout Kicks off $300M Island Resort Project
Experts: Subprime Woes in Asia Are Minor
East Meets West in Push Toward Green
Tier-2 Cities Are Choice 1 as Alternate Plays
New Songdo To Host 3-Month City Expo in 2009
Quinlan Private Launches Sales Office
Zagreb Overcomes Surge of New Office Inventory
DHL Takes Extra 425,000 SF at ProLogis Park
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Regency's Scott Wilson
ViewPoints: Today’s Hubs Make Way for Tomorrow’s Hot Spots
Commentary: Earl Webb of JLL


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