Last Updated: October 17, 2005 02:36pm ET

JV Makes $55M Land Purchase for $300M Project

By Barbra Murray

WASHINGTON, DC-A prime parcel of land encompassing one full block near the planned Nationals baseball stadium gets snapped for $55 million. The land acquisition paves the way for the buyer to move forward with plans for a $300-million mixed-use project.

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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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