Last Updated: April 3, 2009 02:33pm ET

Korean Air Plans $1B Hotel, Office Complex

By Bob Howard

LOS ANGELES-The company retains Downtown L.A.-based Thomas Properties Group to develop the nearly 1.8 million square feet of hotel, office and retail space.

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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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