CBRE CAPITAL MARKETS ARRANGES $36.6 MILLION IN FINANCING FOR TWO MIAMI APARTMENT COMMUNITIES

CBRE CAPITAL MARKETS ARRANGES $36.6 MILLION IN FINANCING FOR TWO MIAMI APARTMENT COMMUNITIES

Miami, FL – February 13, 2012 – (RealEstateRama) — CBRE Capital Markets in Miami arranged a $36,590,000 refinance loan for Fairway View and Palmetto Place in Miami, Florida. CBRE Vice Chairman Charles Foschini in Miami was joined by Vice President Christopher Apone and Vice Chairman Christian Lee in representing the borrower, Fairway View Associates LTD and Palmetto Place Associates LLC.

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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

Contact:

Robert W. McGrath
Senior Director, Corporate Communications

+1 212 9846515
+1 800 7996523 FREE

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