Last Updated: January 23, 2012 07:58am ET

Equity Pulls Back First $1.3B Offer for Archstone

By Robert Carr

CHICAGO-In an SEC filing today, Equity says Lehman has bought its way to a majority share of Denver-based Archstone, but that the Sam Zell-run REIT can force a bidding war for the rest.

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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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