Real Estate/Development
Oct. 24, 2006
CB Richard Ellis Forms New REIT
CBRE Realty Finance Inc., a commercial specialty finance company based in Hartford, Conn. and sponsored by CB Richard Ellis of Los Angeles, raised $160 million in an initial public offering to become a real estate investment trust.
CREJ Staff Writer
CBRE Realty Finance Inc., a commercial specialty finance company based in Hartford, Conn. and sponsored by CB Richard Ellis of Los Angeles, raised $160 million in an initial public offering to become a real estate investment trust.
The offering, which closed Oct. 3, totaled 11.01 million shares of common stock pr...
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