Last Updated: April 29, 2006 12:35am ET

Greystar JV Claims 324 Units for $41M

By Amy Wolff Sorter

PHOENIX-The local management company teams with GE Commercial to acquire the Ironhorse at Tramonto for $40.5 million. The partners, up against seven other bids, get a 94%-leased prize in the North Valley.

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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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