Last Updated: January 27, 2012 12:21pm ET

Larken Associates Acquires Bethlehem Multifamily Portfolio

By Debra Hazel

BETHLEHEM, PA-The 430 garden-style apartment units, located in four properties, reflect a continuing expansion by the company into rental investments.

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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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