Last Updated: June 28, 2005 12:16pm ET

Georgetown Area Hotel Changes Hands

WASHINGTON, DC-The Hotel Monticello comes under new ownership. JBS Ventures LLC plans to renovate the 47-room property in time to reopen the boutique hotel to visitors late this summer.

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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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