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	Top Stories for the Week of July 28, 2008	Print Full Issue
	Click Here For Regional Coverage Construction Halt, Incentives Keep Market Viable DETROIT-A near halt to new construction has kept deals going and vacancy low, and while incentives can’t win every time, they are working. Fort's $1B Redevelopment Plan Gets Revised EATONTOWN, NJ-The mixed-use proposal at the 1,100-acre Fort Monmouth has been tweaked a bit since first introduced earlier this year. New HUD Rule Eases Low Income Insurance Process WASHINGTON, DC-A new HUD notice allows low income housing developers to bring in equity throughout the construction process. 179 Units Roll Into ING's $789M Fund PARIS-In its second major buy this year in France, ING gains more ground in the residential market. This time, its French Residential Fund gets five assets for $32.7 million. Staubach Finalizes Volkswagen Plant Deal CHATTANOOGA, TN-Before joining JLL, the firm secures 1,350 acres for the $1-billion project. Firm Buys $500M in Properties for $1.7B Fund CHICAGO-Harrison Street Real Estate Capital has also raised $430 million in equity, with a goal of acquiring more than $1.7 billion in assets. Bush Drops Opposition to Housing Bill WASHINGTON, DC-With the threat of a presidential veto off the table, it is looking more likely that a GSE bailout will pass Congress. Guaranty Financial Gets $600M of New Backing AUSTIN, TX-The institution gets the capital infusion from TRT Financial Holdings, Icahn Capital and others. An extra $125 million is possible from a shareholders' rights offering. World Market Center Developers Taking Breather LAS VEGAS-Having invested approximately $1.1 billion in the past four years to develop 5 million sf of showrooms in three massive structures, the next phase is on hold for at least six months. Bluegreen Shares Jump 87% on Buyout Offer LAS VEGAS-Locally based Diamond Resorts, which acquired Sunterra Corp. last year, offers to buy the Boca Raton, FL-based timeshare company for more than double its share price prior to the announcement. JV Fund Adds Value to Portfolio Properties NEW YORK CITY-Anticipated investments in the Fund will likely total between $500 million and $750 million, of which Berman Enterprises is supplying at least 10%. Work Starts on $500M Gates Foundation HQ SEATTLE-Site work begins for the 900,000-sf, full-block development across the street from Seattle Center, home of the Space Needle. Starwood Plans $680M Hotel/Apt in Dubai Pearl DUBAI, UAE-The Greenwich, CT-based firm is bringing its new high-class hotel concept to Dubai, to the $4-billion, 15-million-sf Pearl development project. Bluegreen Accepts $500M Sales Offer BOCA RATON-The vacation ownership company signs a non-binding letter with Diamond Resorts. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Penn Firm Awarded $410M Housing Deal • State Signs Brownfield Cleanup Reform • State Provides $357M for Affordable Builds • Time Warner Cable Inks 195,000-SF Lease • Community Group Opens Six LEED Buildings • Brooklyn Revitalization Project Reaches Milestone • Clarett Group, Prudential Complete $146M Buy • $103M Harnesses Roosevelt Raceway Center • Court Rejects Suit Against Tenant Organizers • MBA CEO Kempner Steps Down • $100M Pier Village Project Adding a Third Phase • Biotech Fund Makes First Acquisition	Southwest     Print Full Region • $53M Events Center Moves to Reality for $1B MXD • IDI Buys 35 Prime Acres for 617,760-SF Spec • Capstar Wins 504,930-SF Assignment • New Tenants Added To 209-Acre Pima • Concord Readies For 260 Keys • 244-Unit Adaptive Reuse in Downtown Up for Sale • Hamilton Zanze Makes 428-Unit Buy • Rockwell Refinances 140,522-SF St. James • Transcontinental Buys 7.64 Acres at Planned DART Station • MF Occupancy Continues Its Decline • Realty Capital Planning $31M Redevelopment
Midwest     Print Full Region • Berkshire Hathaway Firms In $195M Expansion • Mann Puts Camby Village Site up for Sale • ML Realty Completes Pair with 251,000-SF Buy • CTA Expecting $100M in Commercial Development • Key Tower Tenant Renews 150,000-SF HQ Office • UGL Equis Forms Development Group • DineEquity Sells Chain’s HQ in Leaseback Deal • New Land Proposes $60M Lake Condo Tower • Harman Becker Renews, Expands in SE Michigan	West Coast     Print Full Region • Blackstone JV Lands $168M for MXD Project • Wynn Macau More than Offsets Wynn Vegas in Q2 • Construction Loan Delinquencies Spike in Q2 • KBS Sells Paseo Del Mar for $148M • Donahue Schriber Preps Six Western Centers • Kellogg Plant Repositioning Complete • Industrial Tenants Sign New Leases for 430,000 SF • Transwestern Investment Buys 440,000 SF • Colliers Launches Urban Landlord Group • Wynn Seeks 5,300 Workers for Encore • Shorenstein, SKS Nab Oyster Point for $85M • First CityCenter Retailers, Restaurateurs Revealed
Southeast     Print Full Region • ProLogis Signs Huge Lease with JVC • Vacant Tract Sparks Seminole Dispute • Ryan Completes Target Food Center • Restaurants Enhance Project’s Potential • St. Regis Becomes Ritz-Carlton	Around The Globe     Print Full Region • Dockside Green Sets New High for LEED Platinum • Seeda, Stanhope Opening Talks for Ashford's MXD • Westcore Sells 125,000-SF Office for $39M
Departments
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Commentary: Avanath’s Daryl Carter