Last Updated: June 23, 2009 05:49pm ET

KBS Capital Names Mike Crimmins CEO

NEWPORT BEACH, CA-The former national sales manager for KBS Capital Markets Group becomes CEO and managing director for the KBS sales and distribution entity.

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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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