In this Issue:

Deals Update

*Maguire Properties sheds OC office complex for $90 million

*Kennedy Wilson venture buys $342M loan portfolio

*One of the few retail projects in the country begins construction in Fort Worth

*Liberty International in talks to sell its $560 million California shopping center business

*Inland Real Estate pays $424M for retail portfolio

*Lakewood Ranch firm buys $81 million in residential lots in Florida

*Hanover Real Estate Partners announces sale of Rosemead, CA office building

*Related Companies to build Palm Beach County convention center Hilton

*South Bay campus to be sold

*Nationwide Health Properties acquires California medical office buildings

*Jack in the Box 66-unit auction reaps $39M

*Chicago area shopping center sold

*LaSalle Properties makes hotel trade for $95M

*Six suburban shopping centers part of $424M deal

Equity & Debt Update

*$845M debt offering boosts MGM prospects

*WaMu reaches settlement with JPMorgan, FDIC

*Summit Capital weighs US $380m in real estate finance, including hotels

*Florida's Shore Club hotel faces foreclosure

*General Growth lines up $4 Billion more for bankruptcy exit

*Government Action Update

..Government of California may raise $2B in sale of office properties

..First Citizens buys Sun American Bank out of FDIC receivership