Last Updated: September 6, 2011 05:17pm ET

BSC Group Arranges $75M in Funding for Sovran Acquisition

By Debra Hazel

ENGLEWOOD, NJ--The financing covers 17 New Jersey and two Pennsylvania self-storage properties in the second joint venture for Sovran and an affiliate of Heitman.

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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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