iTunes 11.1 update removed all uninstalled updates for my Apps

I just installed the iTunes 11.1 update on a Mac running 10.8.5, and all went fine (overall it seems faster and more responsive) until I went to check on some App updates I had pending for my Apps (purchased from the iTunes store). I had 3 or 4 unapplied ones before the update, but now it says there are no updates available for my Apps (even though there are). I restarted and logged in and out of iTunes, but still no App updates. If I go to the associated iDevices, they all show the updates as before. If I go to the iTunes Store to the particular app that has an update, it shows "update" as opposed to the "$ Buy" as shown for unpurchased apps. So the iDevices and iTunes directly show the updates, but not if I go to the App Category in the Library (where Music, TV Shows, etc. are listed) and go to updates - nothing (All Apps Are Up to Date). So I can get updates, it's just a more convoluted process and iTunes is not doing what it's supposed to do.

Some birth pangs for the new iTunes update or has anyone else seen this issue?