Last Updated: January 4, 2009 11:23am ET
UPDATE

$700M Resort Gears Up for March Opening

By Brian K. Miller

LAS VEGAS-MGM Mirage Inc, which recently agreed to sell its Treasure Island property, is believed to have gained a 50% equity interest in the $700-million 'South Strip' project in November.

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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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