Last Updated: September 10, 2008 08:02pm ET

Hotel Sales Plunge as Economic Woes Take Toll

By Bob Howard

IRVINE, CA-The number of sales drops by 44% statewide and total dollar volume slides by $1 billion during the first half of this year, but some markets remain strong.

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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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