NYSE:CBG

Colorado Springs, CO - October 6, 2011 - (RealEstateRama) -- Led by the Miami Capital Markets team in partnership with the Denver office, CBRE arranged the $14,950,000 loan for the acquisition of Cheyenne Crossing Apartments in Colorado Springs. Financed at an 80% loan-to-value ratio, terms of the loan include a 10-year term with five years interest-only. The property was purchased by Advenir@Cheyenne LLC, a Florida-based capital group for $19,150,000.

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.