CBRE CAPITAL MARKETS ARRANGES ACQUISITION FINANCING IN THE AMOUNT OF $12,650,000 FOR BRIARGLEN APARTMENTS

COLORADO SPRINGS, CO – June 29, 2011 – (RealEstateRama) — CB Richard Ellis (CBRE) Capital Markets, a Freddie Mac correspondent, arranged acquisition financing in the amount of $12,650,000 for Briarglen Apartments, a multi-family community totaling 220 units. The community offers residents numerous amenities including a clubhouse, business center, fitness center, outdoor swimming pool, carports, tennis court and basketball court.


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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627

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