Last Updated: January 12, 2010 05:47pm ET

Behringer Harvard Buys 277-Unit Complex for $38M

By Bob Howard

SANTA ROSA, CA-The Dallas-based multifamily REIT buys the Acacia on Santa Rosa Creek apartments. Price is undisclosed, but industry sources peg it at more than $38 million.

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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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