Last Updated: August 14, 2008 01:26pm ET

L&L/Prudential JV Will Look for Discounts

By Paul Bubny

NEW YORK CITY-The partnership between L&L Holding Co. and Prudential Real Estate Investors expects to acquire $4 billion worth of office properties, mostly in Manhattan.

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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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