Toll Brothers And Partners Buying Distressed Property Portfolio - Portfolio.com
A joint venture involving luxury builder Toll Brothers bought a $1.7 billion portfolio of distressed loans and properties from the Federal Deposit Insurance Corp. The assets, 200 mostly nonperforming loans

Commercial Property Owners Choose to Default - Wall Street Journal
Like homeowners walking away from mortgaged houses that plummeted in value, some of the largest commercial-property owners are defaulting on debts and surrendering buildings worth less than their loans. Angela