Last Updated: June 16, 2011 04:29pm ET

Kushner Buys 4,681 Distressed Units in PA and Midwest

By Carl Gaines

NEW YORK CITY-Kushner worked with Apollo Property Management and Square Mile Capital to snag the properties at a deep discount. Principal Jared Kushner tells GlobeSt.com’s Carl Gaines that the units are underperforming, but in promising markets.

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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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