Last Updated: August 6, 2008 10:16am ET
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Value-Add Buyer Nabs 220-Unit Foreclosure

By Connie Gore

FORT WORTH-LNR Properties sells Crescent Oaks to an all-cash buyer with ties to Pennsylvania and Texas. The deal nudges the $4.3-million ask, getting 60% of the loan value.

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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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