Last Updated: January 21, 2010 10:49pm ET

90,000-SF Office Asset is Fund's First

By Amy Wolff Sorter

PHOENIX-REVA Catalyst Fund buys Phoenix Peak in a transaction valued at just under $10 million. Expect more buys to follow, the manager says.

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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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