Last Updated: April 18, 2006 12:58pm ET
Mezzanine Construction Financing Closes for $36M Condo
WASHINGTON, DC-Mezzanine financing for the construction of an 18-unit condominium building at 2501 Pennsylvania Ave. NW is put in place. The multifamily property will cost $36 million to complete.
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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.



