Last Updated: November 20, 2008 07:21pm ET
UPDATE

Atherton Lines Up Buyer for 4,000-Unit Portfolio

By Brian K. Miller

IRVINE, CA-Atherton-Newport Investments, in Ch. 11 bankruptcy, cuts a tentative deal with Portland, OR-based Guardian Management for the sale of its interest in the apartment portfolio.

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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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