Last Updated: May 10, 2006 10:32pm ET

Congress Explores Real Estate Issues

By Erika Morphy

WASHINGTON, DC-Pending tax-extender bills of key interest to the real estate community are likely to move forward this month. The bills involve the extension of a 15-year leasehold improvement depreciation as well as an immediate deductibility for brownfields cleanup costs.

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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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