Hartford-based CBRE Realty Finance Inc. has filed a primary shelf registration statement with the Securities and Exchange Commission for the offering and sale of up to $300 million of equity securities.
The timing of the sale will be determined by management based on an evaluation of business and market conditions.
“As we indicated in November 2007, we are moving forward with our shelf registration. While we have no near term intention to issue the equity off the shelf, we believe it will provide us with flexibility to access the public equity capital markets at such times as we deem appropriate,” Kenneth J. Witkin, president and chief executive officer of CBRE Realty Finance, said in a statement.
