Last Updated: February 2, 2006 12:12pm ET
Holiday Inn Trades in $66M Deal
ALEXANDRIA, VA-The Holiday Inn Select in Old Town Alexandria comes under new ownership, courtesy of a transaction valued at $66 million. The 227-room hotel will undergo major renovations and emerge as a four-star lodging property early next year.
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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.



