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	Top Stories for the Week of September 29, 2008	Print Full Issue
	Click Here For Regional Coverage Washington Mutual Falls; Chase Takes Clean-Up SEATTLE-The Office of Thrift Supervision seizes WaMu and flips it to JP Morgan for $1.9 billion. Although WaMu will be open today, it's painted as one of the largest bank failures in US history. First Industrial, CalSTRS Extend $5B JV CHICAGO-The REIT and the fund have partnered on acquisitions and development across the US, Canada and Europe, and will continue through December 2018. Panels: 'The Sky Is Not Falling' NEW YORK CITY-The 7th Annual RealShare New York brought together CRE experts for a Power Panel and Town Hall to discuss the future of New York real estate. Fed Turns Goldman, Morgan Into Holding Companies WASHINGTON, DC-The move marks the end of the investment-bank era on Wall Street; both will have access to Federal Reserve funds. Boyd Gaming, Morgans Hotel Amend Echelon Deal LAS VEGAS-With the $4-billion project on hold, the financing deadline for Morgans' piece of the project is extended to late 2009 and its financial obligations are essentially eliminated. $875M Terminal Doubles Jetblue's JFK Capacity NEW YORK CITY-Mayor Michael Bloomberg says the new 635,000-sf terminal is a vote of confidence in the City's future. GM To Build New Plant in $838M Expansion FLINT, MI-The company will formally announce today that it will build a $326 million engine facility here to supply the Volt, a new electric-powered car. Mohegan Sun's Expansion Put on Hold UNCASVILLE, CT-The casino/resort's plans to expand its four casinos, property infrastructure and parking garage is getting put on hold for a year, saving $734 million. SWFs Expecting to Invest $725B into Global CRE LONDON-A global report from CB Richard Ellis is predicting that Sovereign Wealth Funds are looking to invest $725 billion during the next seven years. $705M Hard Rock Casino and Hotel Bid Wins KANSAS CITY, KS-The venture between Cordish and the Kansas Speedway will build a 1.5-million-sf project, with 275,000 sf of retail, at Turn Two of the racetrack. Economist: Bailouts Not Necessarily Bad DALLAS-Dr. Ted C. Jones, Stewart Title's chief economist, predicts the bailouts of AIG, Fannie Mae and Freddie Mac will turn a tidy profit down the road for US taxpayers. University Plans $700M New Hospital Complex CHICAGO-The 1.2 million-sf, 10-story hospital, scheduled to open in 2012, is being designed to offer state-of-the-art infrastructure and equipment. Tropicana Owner Trying to Block $700M Sale ATLANTIC CITY-The Kentucky-based parent plans to take steps to stop a sale to the Cordish Co., faulting the offer for being too far below experts' $1-billion estimate. Desert Mines Hike Hopes as Ore Prices Skyrocket TUCSON-Interest is renewed in some dormant Southwest mines although preparation and studies are long and costly. One London firm has put up $652 million to determine feasibility. Multifamily Sector Draws Buyers Back to Town PHOENIX-Panelists report the multifamily market has been faring better than other commercial sectors in the region. The slow market has best and finals going away. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Panel: Wall St. Fallout Less Than Prior Downturn • Precise Timing Earns $285M Refi • Restoration Hardware Renews 508,171 SF • $250M Finances Waterfront Station • State Further Explores Offshore Wind Project • $130M Loan Furthers Building Repositioning • Donohoe Steers 475,000-SF MXD Project • Clarity On Recent Events Sought by CRE • $125M Refi Adds Capital to Firm's Reserves • Atlantic Tambone Nabs 144,000-SF Office/R&D • Rehabbed Industrial Hits 50% Mark	Southwest     Print Full Region • Camden Lines Up $380M in Fannie Mae Facility • Baylor, BremnerDuke Plan $350M Cancer-Care Site • Hotel Strategies Shift With Economy's Slide • Redevelopment Play In Works • CBRE Investors Returns Two Towers to Market • 50-Acre Buy Sets Stage for Industrial Project • Behringer Harvard Snags 502,410-SF BriarLake • SoCal Investor Claims Leased Industrial Pair • $116M Refinance Rescues 3,301-Unit Portfolio • PHD Property Advancing $150M Medical Pipeline • Industrial Sector Back In Action After Ike • Peloton Assumes Leasing of 273,080-SF High Rise
Midwest     Print Full Region • $200M Fund Closes First Deal • Consolidated Biscuit Looks at 600,000-SF Re-Do • Terrapin Completes $100M Burnham Pointe Apts • Lynd Begins Construction on 29-Story Apts • Baker Leases 300,000 SF to Co-Anchor Tower • Survey: Markets Won’t Stabilize Until 2010 • ABR , Sydney Buy 111,355-SF Flex Property • McShane Breaks Ground on Mori Seiki’s US HQ • Kona Seeks Downtown and North Site Locations • General Growth Looks at Alternatives, Sales	West Coast     Print Full Region • Phase Two of $400M TOD Under Way • Investors Won’t Abandon Real Estate • Hines to Pay $235M, Earlier, for Tower Site • UCI Launches $221M Student Housing Project • Kor Hotel Group JVs With Abu Dhabi Firm • New Nontraded REIT Targets $200M for Land Buys • Experts Analyze Market Turmoil, Offer Outlook • Metropolitan Hollywood Debuts Luxury Units • Jury Trial Over Plaza Name Down to Just That • GSG Submits for Major MXD Project • Green Roundup: Who's Using Less Lately • Intuit Fills 167,000 SF in $70M Office Lease
Southeast     Print Full Region • St. Joe Secures $100M Credit Facility • Town Center One Tops Off 52% Sold • Wells REIT Takes Majority of Rubbermaid HQ • Plasencia Advises $88M Sagamore Sale • International Trade Buoys Office Market	Around The Globe     Print Full Region • Marriott CEO Reacts to Deadly Terrorist Bomb • GoldenTree Invests $216M in Brazil Projects • Marks & Spencer Gets 1M-SF Build-To-Suit • Consortium Breaks Ground for 151-Story Tower
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