Last Updated: July 24, 2008 04:51pm ET

$103M Harnesses Roosevelt Raceway Center

By Ryan Clark

NEW YORK CITY-ING Clarion sold the 427,000-sf retail center in Westbury, NY to the Mattone Group and Gartenstein Properties for $103 million.

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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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