Last Updated: January 18, 2012 06:51am ET

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Habitat Buys Two MF Complexes for $86M

By Robert Carr

ANN ARBOR, MI-Home to the University of Michigan, Ann Arbor has led the Detroit area multifamily market, with two properties recently garnering more than $41 million each.

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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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