Breaking News:

• Real Estate Sits Out '08 Race-For Now (The New York Observer)...
  During a June 18 appearance on CNBC's Squawk Box , Steven Roth , New York real estate kingpin and the chairman and CEO of Vornado Realty Trust, suggested that a President Barack Obama could lead the United States out of its economic imbroglio. "President Obama comes in, O.K.-that's not a political prediction by the way, this is just a fantasy-and somehow or other, he does what he says he ...
  
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• Real Estate (Mondaq)...
  Anderson Kill & Olick, P.C. United States: Smart Planning In The Construction Contract Will Save Properties Both Time And Money
  
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• New Asset Management Executive Director for Sorouh Real Estate (AME Info)...
  In another sign of its significant growth, Sorouh Real Estate PJSC,one of the leading Abu Dhabi-based real estate developers, today announced the appointment of a new member to its senior management team.
  
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• Real estate exec Klaff bids for Chicago Cubs: sources (Reuters via Yahoo! News)...
  Real estate executive Hersch Klaff is one of the bidders for the Chicago Cubs baseball team in an auction that could top $1 billion, two sources familiar with the process said on Monday.
  
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• Real estate exec Klaff bids for Chicago Cubs: source (Reuters via Yahoo! News)...
  Real estate executive Hersch Klaff is one of the bidders for the Chicago Cubs baseball team in an auction that could top $1 billion, a source familiar with the process said.
  
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• Standard & Poor's Announces April Results of the S&P/GRA Commercial Real Estate Indices (SPCREX(TM)) (PR Newswire via Yahoo! Finance)...
  Standard & Poor's today announced the April results for the S&P/GRA Commercial Real Estate Indices.
  
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• Real Estate Exec Klaff Bids for Chicago Cubs: Sources (ABC News)...
  CHICAGO (Reuters) - Real estate executive Hersch Klaff is one of the bidders for the Chicago Cubs baseball team in an auction that could top $1 billion, two sources familiar with the process said on Monday. Klaff, president of Chicago-based Klaff Realty LP, heads one of at least 10 groups bidding for the team, according to the sources, who asked not to be identified because the sales process is ...
  
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• ComScore Report Shows That LoopNet's Commanding Lead Among Online Commercial Real Estate Websites Continues to Expand (PR Newswire via Yahoo! Finance)...
  LoopNet, Inc. , which operates the largest online commercial real estate marketplace with more than 2.75 million registered members, has increased its leadership position as the most heavily trafficked commercial real estate website.
  
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• Top U.S. real estate markets for investment (Pittsburgh Post-Gazette)...
  Rahul Reddy, a dentist from Perth, Australia, has been investing in commercial properties in Western Australia for the last two years. Now he's got his eye on residential and commercial properties in Florida and California.
  
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• Scout Real Estate Capital Plans Bermuda's Most Environmentally Advanced Beach Resort (Centre Daily Times)...
  Scout Real Estate Capital CEO Alan Worden announced today that work on its new 5-star resort hotel on the site of the old Wyndham Beach Resort in Southampton Parish is progressing on schedule. Scout intends to present its proposed plans for the property to the Government's Special Cabinet Committee for approval in early September 2008. Current estimates place project development costs at $300 ...
  
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