Last Updated: November 4, 2005 12:55pm ET

GlobeSt.com UPDATE: House Passes Eminent Domain Reform

By Barbra Murray

WASHINGTON, DC-The US House of Representatives passes the Private Property Protection Act of 2005. The bill counters the US Supreme Court's June decision on the subject by disallowing the federal government from seizing property for private development endeavors, and by financially penalizing lower level government entities that do.

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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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