Last Updated: December 29, 2005 02:17pm ET

GMH Obtains $72M Fixed-Rate Debt on Two Properties

NEWTOWN SQUARE, PA-The REIT converts a floating-rate loan on the Grandmarc at University Village in Riverside, CA to a $42.1-million fixed-rate mortgage and places a $29.9-million mortgage on Pegasus Connection in Orlando.

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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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