Last Updated: April 14, 2006 09:29pm ET

Sage Closes on Upper Floors of M&F Building, Begins $118M Renovation

By Brian K. Miller

PORTLAND, OR-The Colorado-based company will transform the upper floors of the historic Downtown building into a 334-room luxury hotel. The lower floors are being remodeled into a Macy’s department store.

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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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