HARTFORD, Conn., March 13 /PRNewswire-FirstCall/ -- CBRE Realty Finance, Inc. (NYSE: CBF) today announced that its Board of Directors has declared a cash dividend of $0.15 per share, payable with respect to the quarter ended March 31, 2008. The dividend is payable on April 14, 2008 to stockholders of record as of the close of business on March 31, 2008. The Company plans to file with the Securities and Exchange Commission (the "SEC") and mail to its stockholders a proxy statement (the "2008 Proxy Statement") relating to its 2008 annual meeting of stockholders, which has not yet been scheduled. The Company, its directors and certain of its officers may be deemed, under the SEC's rules, to be participants in a solicitation of proxies from its stockholders in connection with the 2008 annual meeting of stockholders. Information regarding those directors and officers and their respective interests is set forth in the Schedule 14A filed by the Company with the SEC on February 4, 2008. Investors should read the 2008 Proxy Statement when it becomes available because it will contain important information. Investors can obtain the Schedule 14A and, after it is filed, will be able to obtain the 2008 Proxy Statement for free at the SEC's website at www.sec.gov and the Company's website at www.cbrerealtyfinance.com. About CBRE Realty Finance, Inc. CBRE Realty Finance, Inc. is a commercial real estate specialty finance company primarily focused on originating, acquiring, investing in, financing and managing a diversified portfolio of commercial real estate-related loans and securities. CBRE Realty Finance has elected to qualify to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. CBRE Realty Finance is externally managed and advised by CBRE Realty Finance Management, LLC, an indirect subsidiary of CB Richard Ellis Group, Inc. and a direct subsidiary of CBRE/Melody & Company. For more information on the Company, please visit the Company's website at http://www.cbrerealtyfinance.com. Forward-Looking Information This press release contains forward-looking statements based upon the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company or are within its control. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in its forward-looking statements. The factors that could cause actual results to vary from the Company's forward-looking statements include the Company's future operating results, its business operations and prospects, general volatility of the securities market in which the Company invests and the market prices of its common stock, the Company's ability to begin making investments in the future, availability, terms and development of short-term and long-term capital, availability of qualified personnel, changes in the industry, interest rates, the debt securities, credit and capital markets, the general economy or the commercial finance and real estate markets specifically, performance and financial condition of borrowers and corporate customers, increased prepayments of the mortgage and other loans underlying the Company's investments, the status of the class action lawsuit and other lawsuits relating to Arbor Realty Trust Inc.'s hostile activity and any future litigation that may arise, the outcome of a potential proxy fight over director nominees, the ultimate proceeds of the EOP assets that underlie the Company's $40 million mezzanine investment and resolution of the Company's $42.8 million B-note investment, and other factors, which are beyond the Company's control. The Company undertakes no obligation to publicly update or revise any of the forward-looking statements. For further information, please refer to the Company's filings with the Securities and Exchange Commission. SOURCE CBRE Realty Finance, Inc. CONTACT: Michael Angerthal, Chief Financial Officer of CBRE Realty Finance, Inc., +1-860-275-6222, firstname.lastname@example.org -0- Mar/13/2008 11:05 GMT
CBRE Realty Finance, Inc. Declares Quarterly Dividend
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