Last Updated: May 21, 2009 10:25pm ET

Morningside Buys 252-Unit Complex for $14M

By Cari Brokamp

HIGHWOOD, IL-The company plans a multi-million dollar gut rehab of the complex, which will be renamed Fort Sheridan Place Luxury Rentals.

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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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