Last Updated: August 4, 2005 08:36pm ET

$42M Financing Deal Closes for 2000 K St.

WASHINGTON, DC-Financing to the tune of $41.5 million is put in place for 2000 K St. NW, a 141,200-sf office building that is currently fully occupied by tenants including a division of the Federal Reserve Board. The funding is being provided in the form of a 10-year fixed-rate first mortgage.

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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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