This week is more downgrades and more political ranting. Recriminations, spin, more assertions. Calls for confidence. Portents of disaster. This is our economy and its stewards, for better or worse.

PHILADELPHIA-The trophy office tower is being purchased by a partnership involving David Werner with $123 million in financing through UBS.

PHOENIX-The Wall Street panel of the Lodging Conference 2011's breakout sessions examined the investment prospects for hotels and black swan events that could harm them.

PHOENIX-The Lodging Conference 2011's debut panel, "A View from the Top" saw some upcoming concerns for the economy, but stressed long-term focus and customer relations as key.

PITTSBURGH-The trophy property was sold to Highwoods Properties, including $25.2 million of building improvement commitments and a $124.9 million secured loan.

PHILADELPHIA-Keystone Property Group makes its bones taking opportunistic real estate purchases and reinventing them. Bill Glazer, their president and founder, sat down with GlobeSt.com to discuss their strategy and the overall breaks of the current economy.

NEW YORK CITY-HREC, Rochdale Capital Advisors and Real Capital Markets are forming a joint venture, Hotel Debt Trader, which will advise on hotel loan sales.

BOSTON-AREA Property Partners is selling the 33-story, trophy at 90% occupancy. The 600,000-square-foot office sold at a 5% cap rate.