CBRE CAPITAL MARKETS ARRANGES $52.57 MILLION IN PERMANENT FINANCING FOR MULTIFAMILY PROPERTIES

CBRE CAPITAL MARKETS ARRANGES $52.57 MILLION IN PERMANENT FINANCING FOR MULTIFAMILY PROPERTIES

Orlando, FL – November 21, 2011 – (RealEstateRama) — Financing of multifamily properties through Freddie Mac’s Capital Markets Execution (CME) loan program remains strong throughout the U.S. as reflected by the recent transactions from CBRE’s Orlando, Florida office. In less than two months, CBRE Senior Vice President Glenn Housman, MAI, secured a total of $52.57 million in permanent financing for four separate properties, on behalf of three different investment groups. All loans originated through Freddie Mac.

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CBRE

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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