Last Updated: January 16, 2008 10:55pm ET

Northern Explains its Big Investment Downtown

By Robert Carr

DETROIT-“At some point, somebody has to take a risk” on the Motor City, says a company official, after the firm purchased the 584-unit Lafayette Towers.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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