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.