Last Updated: August 20, 2004 11:46am ET

Rouse and General Growth Will Merge in Nearly $13B Deal

COLUMBIA, MD-The Rouse Co., a leading REIT known in particular for its upscale retail properties, gets snapped up by Chicago's General Growth Properties Inc. in a deal valued at $12.6 billion. Rouse is owner of such high-end shopping destinations as Boston's Faneuil Hall Marketplace.

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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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