Last Updated: March 24, 2005 03:44pm ET

Tower Obtains $60M to Fund Temple Residential Project

By Marita Thomas

PHILADELPHIA-Groundbreaking for the 1,200-bed dormitory-style housing complex at 1600 N. Broad St., scheduled for next month, marks the entry of private development to complement the University’s $400-million expansion plan, already under way.

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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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