Last Updated: October 26, 2006 02:47pm ET

Westrum Starts 128-Unit Townhouse Complex

By Marita Thomas

PHILADELPHIA-The developer anticipates a $65-million sellout of Hilltop at Falls Ridge. The 12.6-acre residential complex contains four-story and stacked two-story market-rate townhouses in the East Falls neighborhood.

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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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