Last Updated: November 21, 2008 11:17am ET

Crystal Adds Arizona, California To List

By Amy Wolff Sorter

PHOENIX-The Las Vegas-based investor plans to acquire undervalued and distressed real estate in these two states from financial institutions.

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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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