Last Updated: March 13, 2006 12:52pm ET

GMH Audit Committee Launches ‘Tone at the Top’ Investigation

By Marita Thomas

NEWTOWN SQUARE, PA-Following a letter from its CFO alleging “material weakness” relating to the “behavior of key executives,” GMH initiates a forensic accounting review. The CEO ponders an offer to buy GMH, and the board seeks alternatives.

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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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