Last Updated: August 26, 2005 10:05am ET

SunVest Buys Avalon Apartments for $32M

By Alex Finkelstein

ORLANDO-The Hollywood condo converter pays North Carolina-based Orlmark Associates LP $71,111 per unit for the 95%-leased, 450-unit complex off South Semoran Boulevard and just north of Orlando International Airport.

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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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