| NYC and Renewable Energy: Possibilities vs. Plausibilities : NEW YORK CITY-Mayor Bloomberg reveals that wind turbines here could serve as new sources of renewable energy; however sources say lawsuits might hinder it from actually getting done. All-Cash Bid Takes 1M-SF-Plus : DALLAS-ML Realty outplays the pack for a fully leased, eight-building portfolio of Rreef-owned industrial space in two leading North Texas business parks. Fannie, Freddie Shares Plunge Again : WASHINGTON, DC-Worries about a government takeover that would leave shareholders with nothing is fueling the drop. C&W Sonnenblick Goldman Expands : NEW YORK CITY-The firm hopes to meet the increasing demand for access to debt by expanding its operations to Los Angeles and Atlanta this month. Spear St. Lands 1M-SF Package : AUSTIN, TX-The buyer ends up with 13 class A office buildings in Riata Corporate Park. Sources say the 1.1 million sf have sold for $215 million to $230 million. NYLO Plans 50-Hotel Expansion : ATLANTA-Hotel veteran Charles Chick Armstrong will help franchise 50 loft-style properties by 2011. Colliers Unit Names US Operations Head : LOS ANGELES-Colliers Macaulay Nicolls hires Dan Spiegel for the newly created post of SVP of US operations to oversee the internal operations and infrastructure of its US business. Emmett REIT Arranges $365M Portfolio Refi : SANTA MONICA, CA-The REIT refinances the bridge loan that it used in connection with its acquisition of a six-building portfolio totaling 1.4 million sf in March. |