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Top Stories for the Week of March 3, 2008
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$3B MXD Projects On Tap in Bulgaria
SOPHIA, BULGARIA-Federal Development and Petrol Holding team to redevelop sites with mix of residential, commercial, retail and entertainment complexes.

Wynn’s $2B Encore on Track for Year-End Debut
LAS VEGAS-Once the 2,000-room second phase is up and running, look for Wynn to begin redeveloping its 142-acre golf course behind the resort.

Marathon, Global Hyatt to Recap $3B Cosmopolitan
LAS VEGAS-Global Hyatt Corp. and New York City-based Marathon Asset Management agree to shore up the 3,000-room, 4 million-sf condominium-hotel project.

Pinnacle Hedges on Mega-Casino/Resort
ATLANTIC CITY, NJ-The $2-billion project proposed for the former Sands site may fall victim to the credit market woes.

Related's Ross Gets Dolphins Real Estate
NEW YORK CITY-Stephen Ross of Related Cos. pays $1.1 billion for 50% of the Miami Dolphins franchise, which includes the stadium and certain adjacent real estate.

Nationwide, Pacific Strike $2B Deal
NEWPORT BEACH, CA-The healthcare properties REIT will buy $915 million of buildings and the San Diego-based developer and will have rights to buy $1 billion more.

Westin Tokyo Hotel Fetches $741M
TOKYO-Government of Singapore Investment Corp. buys the 438-room, five-star hotel from Morgan Stanley and Starwood Capital Group.

Ashford Scripts $2B Sale Plan for Mezz Strategy
DALLAS-The REIT is selling select-service portfolios and one-off full-service hotels outright or in JVs to mine capital for increased investment in the mezz arena.

Legacy Opens Second Fund, Expects $920M Total
LYNDHURST, OH-The company already has 10 properties in its first fund, which will be valued at about $460 million, and Fund Two is going to follow a similar model.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
RAIT’s 2007 Loss Climbs to $379M
Study Predicts Expansion of Global Capital
Verizon NJ Sells HQ Building
Allstate Lends $52M for University Park
Perseus Expands Beyond Mid-Atlantic Stronghold
Pantheon Shops 47,000-SF Industrial
GHP To Sell Great Neck Buildings
Vacant AICPA Space Gets New Push
One Tenant Takes All of New Liberty Asset
Southwest     Print Full Region
Koll, Harbert Roll Out $120M Build Plan
Multifamily Expert Sees '08 Surge in US Demand
Sofitel Earns EPA Label; Saving 3% on Energy
445,145-SF Lease Gets Done Three Years Early
Judwin Properties Sells 490-Unit Regatta
McCormick Ranch Trades for $11M Off Market
Stream Team Takes Reins to 301,033-SF Complex
California Buyer Snags 150-Unit Mountain View
Second Building Goes To Canadian Company
Midwest     Print Full Region
Portofino Plans $450M, 105-Acre MXD
TIAA-CREF Buys Apt. High Rise for $100M+
JV Begins Construction on $150M Streeter Place
ConocoPhillips Buys 432-Acre Colorado Campus
L.L. Bean Starts Midwest Push with Arboretum
CTMT’s Ted Martin, Industry Icon, Dies at 83
Sentinel Sells 278-Unit Three Lakes Apts
First Buyers Move Into Artsy $55M Condo Tower
Lane Hospitality Plans $60M Projects for ‘08
City Takes Another Turn With Silverdome Bids
West Coast     Print Full Region
Hamilton Plaza Office Complex Sells for $126M
Sahara Renovation, Expansion Wins County OK
Stirling Starts 1M-SF Spec Industrial Project
Regency Grading for 700,000-SF Power Center
Rare Beachfront Complex Goes to Market
Delinquency Rates Spike for Construction Loans
$29M Office Deal Offers Big Upside
Full House Resorts Closes Holiday Inn Sale
$19M Buy Pushes Bixby Industrial Past $300M
Union Finances Cohen's 400,000-SF Red Building
Southeast     Print Full Region
Leasing Spurs New Phase of 810,000-SF Project
Midyear Groundbreaking Set for 152,000-SF Office
Dirt To Move by Year’s End on $150M Westin Hotel
York Residential Pencils '09 Start on $180M TOD
Intercontinental Pays $103M for Lakeside Commons
Home Depot Slows Growth from Sales Decline
Simpson Housing Group Acquires 249 Units
Bakkar Group Acquires 200,000-SF Center
Around The Globe     Print Full Region
One London Wall To Sell for $267M
430,000-SF MXD District Kicks Off
10-Tower MXD Project Underway in Nanjing
Croatian Mall Gets $74M Makeover, Expansion
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: GE's Ron Pressman--Part II
Commentary: BOMA's Karen Penafiel


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