Last Updated: January 27, 2012 03:10am ET

Waterton Offers River North, Wants Seneca

By Robert Carr

CHICAGO-The company bought the 399-unit River North apartment tower for $60 million in May 2006, now wants to gain cash back to help buy the Seneca hotel at 200 E. Chestnut St.

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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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