Last Updated: July 29, 2005 01:40pm ET
$67M Financing Deal Closes for Shopping Center
FAIRFAX, VA-A financing package totaling approximately $67.2 million is put in place for Fairfax Corner Retail Center, a 205,000-sf shopping center developed over the last two years on a 32-acre parcel. The first mortgage loan replaces construction financing on the property.
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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.



