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Mar. 21, 2011, 8:39 AMBarclays (BCS +3.3%) is selling a portfolio of real estate loans to CreXus (CXS), a REIT that invests in commercial real estate debt, for $586M. CreXus launched a 50M share sale to fund the purchase, 5M of which will be bought by Annaly (NLY). The sale is part of Barclays' efforts to shed non-core assets. (PR) | Comment!
Nov. 22, 2010, 1:36 PM
We are a specialty finance company that acquires, manages, and finances, directly or through our subsidiaries, commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, or CMBS, and other commercial real estate-related assets. We expect that the... More
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