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CBRE Realty files $300 mln equity shelf offering

Fri May 16, 2008 4:09pm EDT
 
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WASHINGTON, May 16 (Reuters) - CBRE Realty Finance Inc. CBF.N on Friday said it may periodically sell up to $300 million in common and preferred stock, depositary shares, warrants and subscription rights.

The commercial real estate specialty finance company plans to use the proceeds for investments in commercial real estate related loans and securities and general corporate purposes, according to a shelf registration filed with the Securities and Exchange Commission.

Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.

(Reporting by John Poirier)

 

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