Last Updated: June 4, 2008 11:21am ET

Orbach Group Closes on $70M Apartment Buy

By Natalie Dolce

NEW YORK CITY-The Orbach Group acquired the Clinton neighborhood buildings for $70 million, and intends to be a larger player in the Manhattan market.

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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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