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	Top Stories for the Week of August 4, 2008	Print Full Issue
	Click Here For Regional Coverage Hotel Sales Drop 76% to $13.9B in First Half LONDON-The global trend isn’t helped by the Americas dismal showing, and fewer large deals are getting done as well, according to a JLL report. Signed Bill Supports GSEs, Affordable Housing WASHINGTON, DC-The newly signed bill is providing a bailout for 400,000 homeowners as well as buttressing Fannie Mae and Freddie Mac. Wolff Eyes 2010 Start for $1.4B South Bank TEMPE, AZ-Picking up the play from another developer, Wolff Co. starts dirt work for a 3.6-million-sf project at Tempe Town Lake. Specifics and the timeline are being finalized. Fannie Mae Registers Growth, Preps Products WASHINGTON, DC-DUS lenders delivered $18.2 billion of the company's total $20 billion investment in multifamily rental housing for the first half of 2008. Gaylord Enters $1B Credit Facility NASHVILLE-The facility refinances the hospitality and entertainment company’s bank debt and future plans. MBA Asks SEC Not to Implement Separate Ratings WASHINGTON, DC-Investors could be misled by separate ratings for structured securities under the plan the SEC is proposing. Von Maur to Anchor Bridge Street Town Centre JOLIET, IL-The $1 billion mixed-use development will have nearly four million sf of retail, restaurant, residential, office and hotel space. Panel: Gas Woes Changing Retail ATLANTIC CITY, NJ-High costs seen as affecting development globally, with new emphasis on the term “retail destination.” LVSands Corp. Trimming Las Vegas LAS VEGAS-Calling the local market “challenging” and saying it may “continue for some time,” CEO Bill Weidner tells analysts the company will “trim headcount” here by 1,500. New Hotel Sorella Flag Rising in $500M MXD HOUSTON-The Valencia Group will put the brand's 245-key flagship hotel in the 1.1-million-sf CityCentre. Plans call for a nationwide rollout in urban projects, including Dallas. San Diego Sees Higher Office Vacancy, Softer Rents SAN DIEGO, CA—The 2Q office report shows office vacancy rate up nearly one percentage point from 11.8% at year-end 2007, and a coinciding decline in asking rates. Vegas Office Vacancy Hits New Peak: 16.7% LAS VEGAS-Availability is 40% higher than 10-year average and will continue rising if demand can’t offset business contractions and the 3.6 million sf of new projects under construction. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Somerset Said To Buy Madison Property • Lowe Secures $116M Refinance Package • Centro Shopping 17-Property Retail Portfolio • Pep Boys Completes $78M Sale-Leaseback • Crash Kills Casino Project Execs • $90M Hotel/Spa Finally Moves Ahead • Lerner Breaks Ground on Two-Tower Hotel • HSBC In Term Sheet for 300,000 SF Downtown • CACI International Inks 220,000 SF at Westfields • $65M Student Housing Portfolio in Play	Southwest     Print Full Region • 706,132 SF in Two Parks Now in Sealy's Control • St. Arnold Brewing Ends One-Year Hunt for Site • TA Associates, Principal Close 705,209-SF Deal • Transcend Equity Tackles MOB Green Conversion • Rosewood's New Trophy Opening at 70% Leased • $65M Construction Loan Seeds 260,000-SF Spec • Healthcare REIT Puts Up $59M Plus for Pyramids • Colliers Steps Up Retail Focus, Adds MSC Team • Sage, Capital City Get $36M for CBD Office • Conti Buys Third Woodhaven Complex
Midwest     Print Full Region • Starwood Opens New Sheraton in Twin Cities • HSBC Chooses Itasca for $95M Office BTS • Northern Begins $75M Central Grocers HQ • US Equities Nabs Student Housing Assignments • ML Realty Buys 487,000-SF Building for $25M+ • Opus Gains Approval for 109,000-SF Office • ArciTerra Buys Most of Olathe Pointe for $29M • ProLogis Lands CEVA for 1/3 of Spec Building • CenterPoint Buys Building in Sale-Leaseback • Lauth Signs Two More to Meridian Three	West Coast     Print Full Region • $100M Recapitalizes Pegasus Apartments • 2M-SF Nevada Industrial Portfolio Comes to Market • Court Approves Financing to Keep Mervyns Open • Downtown San Diego Retail Space in Icon Sold • Vegas Industrial Vacancy at 7.7%, Heading to 9% • Slide Lands Top 3 Floors of 301 Brannan • Hotel Development Grows Despite Economy • Realm Delivers First Phase of 240,000-SF Project • Lee & Associates Readies National Expansion • Two Sales Transfer 193,000 SF of Industrial • West Ocean Condos to be Auctioned
Southeast     Print Full Region • Piedmont Obtains $250M Loan • Hillwood Leases 600,000-SF Spec Center • South Florida Industrial Softens • Cousins Racks New Leases at 191 Peachtree • JaxPort Abandons Eminent Domain Case	Around The Globe     Print Full Region • Lend Lease Chosen for $329M Retail Renovation • $70M MXD Adding New Dimension to Novi Sad • Five-Star Resort To Get First Residential Units
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