Last Updated: March 13, 2006 10:12am ET

11-Year-Old Multifamily Asset Carries $48M Price Tag

By Alex Finkelstein

TAMPA, FL-Abba Real Estate Development Group acquires the 352-unit, 22-acre Arbors at Fletcher Island in the Temple Terrace submarket from Arbors at Fletcher Island II LLC for $135,000 per unit.

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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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