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
Please see full publication below for more information.