IN THIS ISSUE:

Deals Update

*Investec acquires San Diego shopping center for $21.15 million

*$72 million retail sale is largest D.C.- area retail deal in 2 years

*Foreclosed building in Atlanta sells for $66.1 million

*Sausalito hotel sold in foreclosure sale for $11.4 million

*Bay Area shopping center is sold for $44 million

*EastGroup REIT buys three building complex in San Diego for $17 million

*CBRE Capital buys distressed debt on 203 units in San Francisco

*Citigroup said to be near deal to sell real estate unit

*Stoneridge buys Hawaiian retail center for $50.3 million

*Investors spend $21 million acquiring six net-leased retail properties in Orange County area

*Emeritus forms joint venture with Blackstone to buy 134 senior-living communities

*San Diego apartment sells for $28 million

Equity & Debt Update

*Hollywood Video to close 805 stores in bankruptcy

*Simon Property Group sells $2.25 billion in debt

*$155 million mortgage extension brings GGP closer to solvency