Last Updated: August 5, 2008 10:59pm ET

$23M Refi Supports Plan for 276-Key Re-Flagging

By Amy Wolff Sorter

ALBUQUERQUE-American Property Management will use $7.5 million of the $23.2-million loan to upgrade the Albuquerque Grand Airport Hotel so it can raise a Sheraton flag.

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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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