Breaking News
vegasLA Developer Partners with Vegas Officials for Museum, Hotel Redevelopment
July 03, 2008
Less than a year after entering the Las Vegas market with the acquisition of the Lady Luck Hotel and Casino, Los Angeles-based CIM Group won a deal with the city to develop land adjacent to the planned Mob Museum in the city’s historic Post Office Block.
Colonial Properties Trust Sells 5 Apartment Communities for $82M
July 03, 2008
Colonial Properties Trust, a multi-family-focused REIT, is continuing its plan to dispose of older assets by selling five apartment communities in two transactions for a total of $81.8 million. The buyer or buyers were not identified.
vegasWorld's Tallest Timeshare Tops Off in Vegas
July 03, 2008
The $1.2 billion PH Towers by Westgate in Las Vegas has reached a pivotal point in development with the attainment of the highest point of vertical construction. Located at the Planet Hollywood Resort & Casino, the upscale 52-story PH Towers (pictured) will be the tallest timeshare building in the world.
CPN_RadioExclusive on the Web:
July 03, 2008
• Introducing CPN’s NEW Blog, REal Talk with CPN, the Place for Trends, News and Views
Share Your Thoughts and Views on Today’s Breaking News and Important Real Estate Issues
• NEW COMING SOON! CPN Radio. Stay Tuned.
• Deal Trends: Top Deals in Primary Markets
• Data Trends: Chart the Industry's Biggest Trends

• Where Will Consumers Spend? A CPN-Claritas Special Report
H&R Sells 11 in Canada
July 03, 2008
H&R Real Estate Investment Trust has announced the completion of the sale of eleven retail properties. The firm netted approximately $72 million from the transaction. The company expects approximately a $9 million return on sale.
$8.9B Penn Gaming Merger Crumbles
July 03, 2008
After spending the last few months attaining all the requisite approvals from various gaming commissions and boards, Penn National Gaming has put the kibosh on its proposed $8.9 billion merger with PNG Acquisition Company Inc., an entity involving funds managed by Fortress Investment Group L.L.C. and Centerbridge Partners L.P. affiliates.


News Briefs
Corus Bank Completes $60M Loan to Finance MF Construction in Washington, D.C.
July 03, 2008
Hines Sets New Public Offering
July 03, 2008
Pharmaceutical Firm Leases 40,000SF at 600-Acre Business Park
July 03, 2008
$850M Comcast Center Makes its Debut as Tallest Green Building in U.S.
July 03, 2008
Commission to Consider Lavonia Mall Redevelopment Plan
July 03, 2008
Carlton Arranges $630M Equity, Debt Recapitalization of Manhattan Retail Complex
July 03, 2008
7CI Unveils Raffles Resort, Praslin Island at Raffles Dubai
July 03, 2008
$7B Loan for Las Vegas Sands?
July 03, 2008
Orlando's First Nordstrom Rack to Anchor New 100,000SF Shopping Center
July 03, 2008
RSM McGladrey Leases 164,771 SF in Manhattan
July 02, 2008

 

$8.9B Penn Gaming Merger Crumbles
July 03, 2008
By Barbra Murray, Contributing Editor After spending the last few months attaining all the requisite approvals from various gaming commissions and boards, Penn National Gaming has put the kibosh on its proposed $8.9 billion merger with PNG Acquisition Company Inc.,...

Colonial Properties Trust Sells 5 Apartment Communities for $82M
July 03, 2008
By Gail Kalinoski, Contributing Editor Colonial Properties Trust, a multi-family-focused REIT, is continuing its plan to dispose of older assets by selling five apartment communities in two transactions for a total of $81.8 million. The buyer or buyers were not...

H&R Sells 11 in Canada
July 03, 2008
By Thomas Peretti, Contributing Correspondent -- H&R Real Estate Investment Trust has announced the completion of the sale of eleven retail properties. The firm netted approximately $72 million from the transaction. The company expects approximately a $9 million return on...

LA Developer Partners with Vegas Officials for Museum, Hotel Redevelopment
July 03, 2008
By Tonie Auer, Southwest Correspondent -- Less than a year after entering the Las Vegas market with the acquisition of the Lady Luck Hotel and Casino, Los Angeles-based CIM Group won a deal with the city to develop land adjacent...

Lightstone Acquires Interests in 20 Outlet Centers in $456M Deal
July 02, 2008
By Barbra Murray, Contributing Editor Lightstone Value Plus REIT will soon have a stake in 20 factory outlet centers, now that it has signed on purchase from 22.54 to 25 percent interests in the properties from affiliates of Arbor Mortgage...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...

How to Reduce Employee Turnover
June 06, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Few things in business are as costly and disruptive as unknowingly having the proverbial revolving door for employees to exit from. While there are many secondary and tertiary items that can influence an...

How To Delegate for Success
May 30, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --If you desire to become a top CEO it will be essential for you to master the art of leveraging down. Think of any top performing CEO and you'll find that to the...



In Focus
CNG-CPN large Audiocasts: Corporate Real Estate Views
CPN and CoreNet Global brought together a group of leading executives representing corporations, their service providers and the economic development sector during the May 2008 CoreNet Global Summit to discuss the difficult economy, the war for talent and sustainability. Click here for the audiocasts. For the accompanying story from the June 2008 issue, click here. 		GB_Cover08-200 Introducing the CPN 2008 Goldbook Digital,
your source for finding out who's who in commercial real estate. From the industry giants to the top net lease players and regional diversified firms, with the 2008 Goldbook Digital you will have industry-wide information at your fingertips. Plus, you can obtain information from advertiser web sites with just a click of your mouse. 		CPN_Cover small Where Will Consumers Spend? A CPN-Claritas Special Report
Consumer spending is down for discretionary products. CPN has partnered with Claritas to rank the markets where expansion can still occur. Click here for the report.
Webcasts / Video
Capitalize On the Next New Real Estate Opportunity: Learn the Secrets Behind Single-Tenant, Multi-Tenant Net Lease Transactions

Nov. 28, 2007
Brought to you by Spectrus Real Estate Group

Join Commercial Property News for this live, interactive Web Seminar and hear from industry experts regarding the ins and outs of Net Lease transactions. Attend this online-only event and learn the differences between single-tenant Net Lease deals and multi-tenant deals and how Spectrus’ new Net Lease PLUS™ program can help.
Are All Cash Flows Created Equal? Learn How To Identify Quality Investment Real Estate
Sept. 11, 2007
Brought to you by Spectrus Real Estate Group

If you are already in the commercial real estate business, or looking to break in, imagine giving your clients the opportunity to give up the tenants, the toilets and the trash but not the profits. In this ever-expanding industry, you need a certain level of knowledge to protect your clients from the bad deals that lurk out there and to sift out the quality investment real estate opportunities from the poor ones.
Magazine
Brokers Without Borders
June 01, 2008
Brokerage firms explore new markets and a new world of service.

Guest Column
Cash Takes the Throne
June 01, 2008
The turbulent economy is deterring many would-be investors. That may make this the right time to buy commercial real estate. If so, cash will be king.

Letter from the Editor
Steady March
June 01, 2008
The progression toward globalization marches steadily onward—and today's steps include not just expansion into new markets but also improvement of the overall strategy involved. For corporations, that means evaluating how best to organize business oversight to ensure effective coordination of departments and decisionmaking.
Career Center

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