Last Updated: March 17, 2006 12:59pm ET

Chevy Chase Plaza Owner Secures $35M Financing

By Barbra Murray

WASHINGTON, DC-Financing to the tune of $35 million is completed for Chevy Chase Plaza, a 161,500-sf office property in Friendship Heights. The borrower sought financing for the previously unleveraged property to take advantage of low interest rates.

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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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