Last Updated: September 11, 2007 10:40am ET

REIT Headed by Schorsch Plans $1.5B IPO

By Marita Thomas

JENKINTOWN, PA-The former CEO of American Financial Realty Trust now heads American Realty Capital Trust, focused primarily on buying leased retail properties.

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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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