National market: Detroit’s woes, L.A.’s $225M apartment sale

Commercial and residential real estate news from across the U.S.

An abandoned building in Detroit
An abandoned building in Detroit

From the August issue: In this month’s summary of real estate news from around the nation, The Real Deal first checks in on Detroit, whose recent bankruptcy filing may help revive its real estate market by indicating that the worst has ended. Out west in Los Angeles, we look at the $225 million sale of the 437-unit, five-building Esprit, one of the city’s largest apartment complexes. Click here to see these stories and more.

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