Last Updated: October 24, 2008 12:59am ET

Freed Nears Deal for 380-Room Block 37 Hotel

By Cari Brokamp

CHICAGO-After closing three more tenants, the four-story Central Loop development is now 60% preleased for its retail component, which could include a $175-million Loews Hotel.

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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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