Last Updated: July 23, 2008 07:24pm ET
UPDATE

Bluegreen Shares Jump 87% on Buyout Offer

By Brian K. Miller

LAS VEGAS-Locally based Diamond Resorts, which acquired Sunterra Corp. last year, offers to buy the Boca Raton, FL-based timeshare company for more than double its share price prior to the announcement.

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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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