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PHOENIX-RealCapital Analytics’ report for the first half of the year shows a dwindling amount of distressed assets on the books.

Dan Fasulo with RCA tells GlobeSt.com that the Phoenix region has experienced $20.5 billion worth of distressed commercial property since 2008. To date, 62% of that distress ($12.7 billion) has been worked out through sale or recapitalization. During the first half of 2013, workouts of distress topped new inflows by more than 3:1.

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