Last Updated: November 5, 2009 02:41pm ET

Former CBRE Chief Ray Wirta Rejoins Koll as CEO

NEWPORT BEACH, CA-The former CEO of CB Richard Ellis, who stepped down in June of 2005 but remained on the company's board, returns to the Koll Co. as CEO.

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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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