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Top Stories for the Week of January 2, 2008
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All Approvals in Place for Harrah’s Privatization
LAS VEGAS-With Nevada gambling regulators and the National Indian Gaming Commission now signed off, the $27.8-billion privatization is scheduled to close in early 2008.

Manor Care Completes $6.3B Sale of Company
TOLEDO, OH-The management of the firm, which operates more than 500 nursing and rehab centers in 32 states, will stay on when the Carlyle Group takes over.

Amazon Inks $1.5B, 11-Building HQ Deal
SEATTLE-Beginning in 2010, the online retailer will begin occupying 1.6 million sf to be built on six blocks immediately north of the CBD in the South Lake Union area.

Trump Properties Get Breathing Room
ATLANTIC CITY-The new loan for the company's Atlantic City properties carries an interest rate of Libor plus 3.2% and has a five-year maturity period.

$300M Redevelopment Set for Treme Neighborhood
NEW ORLEANS-City council clears the way for a JV to demolish the vacant 894-unit Lafitte complex and rebuild or rehab about 1,500 replacement units.

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Regional Coverage
Northeast     Print Full Region
SL Green Gets $110M for Office Refi
Village Set to Approve Lighthouse Landing
Rreef Sells 1,585 Apartments to NC Firm
St. Luke’s Begins $100M Outpatient Campus
Dirt Moves on 315,000-SF Spec Warehouse
Principal-McCaffery JV Acquires $93M Portfolio
Post Enters MD With $87M Hyattsville Project
Southwest     Print Full Region
Major Buyers Debunk '08 CRE Doomsday
Big Industrial Purchases 2M-SF-Plus Tire Plant
TradeCor Buys More Land in Emerging Retail Area
Dallas Teardowns Keep Net Gain at 17-Year Low
Senior Living Operators Plan $35M Buy-Out
$26M Project Kicks Off Long-Term JV
Midwest     Print Full Region
ECMC Looks for More Than 100,000 SF for HQ
Real Development Plans $109M MXD Downtown
Target Agrees to Anchor $69M MXD Project
ARA Sells Apartment Complex for $55M
$25M Restaurant, Hotel Added to Outlet Center
West Coast     Print Full Region
47% Stake in 1,381 Apartments Fetches $202M
Parkside Towers Selling for $180M
TMG, Farallon Sell Hawthorne Plaza
Wells Fargo Economists Say ’08 Recession Unlikely
$35M MXD Project Restores Urban Site
Southeast     Print Full Region
Market Instability Spurs Lodgian to Suspend Talks
Post Sells 625 Units, Puts 396 Units in JV
DeSanto Acquires Cason Estates for $27M
Area Office Investment Still Flexing Muscles
PKF Sees Lodging Industry Slowdown in 2008
Around The Globe     Print Full Region
Leisure Canada Gets $20M in Working Capital
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: RER's Jeff DeBoer
Commentary: CBRE's Steve Siegel


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