Last Updated: July 15, 2010 02:08pm ET

Deka Buys Hotel for $147M, Sells Office

By Allan Saunderson

PARIS- The purchase includes the Marriott Renaissance Paris Arc de Triomphe hotel, the Salle Wagram concert and conference venue and three retail units. A 382,000-square-foot office sold.

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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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