Last Updated: August 26, 2008 07:18pm ET
EXCLUSIVE

Cherokee Trace MXD Getting Second Hotel

By Amy Wolff Sorter

SCOTTSBORO, AL-The local developer of the 34.3-acre development will start work on an 84-room Suburban Extended Stay Hotel as a 77-room Comfort Inn nears completion.

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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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