CBRE Realty Finance Inc., Hartford, Conn., has announced the closing of a $1.0 billion collateralized debt obligation collateralized in part by mortgage loans and mortgage-backed securities.The CDO, CBRE Realty Finance CDO 2007-1 Ltd., is collateralized by first mortgages, B notes, mezzanine loans, and CMBS. The company said the structure contains a five-year reinvestment period during which the company can use the proceeds of loan repayments to fund new investments. CBRE Realty, a commercial real estate specialty finance company, can be found online at http://www.cbrerealtyfinance.com.
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