CBRE Realty Finance, a Hartford, Conn.-based commercial real estate financing and investing company, has priced an initial public offering of 9.6 million common shares at $14.50 each.The shares of the CBRE Melody & Co. affiliate were trading on the New York Stock Exchange in a range of $14.50 to $15.15 on Sept. 28. The company said it expects net proceeds of $113.7 million from the offering. CBRE Realty Finance has opted for real estate investment trust status for tax purposes. Underwriters have been granted a 30-day option to buy up to 1.44 million additional shares from the company to cover any overallotments.
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