Last Updated: January 27, 2012 06:48pm ET
EVENT COVERAGE

Stacom: In 2012, Less Debt, Healthier Deals

By Jacqueline Hlavenka

NEW YORK CITY-At a New York Bar Association luncheon Thursday, CBRE’s vice chairman Darcy Stacom explained that despite headwinds from the financial services industry, New York itself will remain a stable location to deploy capital -- even with competition from London, Dubai and Tokyo.

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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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