Last Updated: April 27, 2004 09:28pm ET
Beachfront Resort Sells for $6M
LORNE, AUSTRALIA-BreakFree Ltd., the Gold Coast-based company headed by former Sydney Swans AFL player Tony Smith, acquires Erskine on the Beach, a 143-unit resort here with room for expansion.
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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.



