BioMed Realty Trust Inc., San Diego, has priced a public offering of 9.075 million shares of common stock at $28.65 per share.Raymond James & Associates Inc. is the sole book-running manager of the offering, with Citigroup Global Markets Inc. as co-lead manager. BioMed said it has granted the underwriters an option to buy up to approximately 1.36 million additional shares to cover any overallotments. BioMed specializes in acquiring, developing, and managing laboratory and office space in the life science industry. It can be found online at http://www.biomedrealty.com.
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The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
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