REIT Proposes $225M Stock Offering

Published October 19, 2005, 2:00 p.m. EDT

1 Min Read

Desert Capital REIT Inc., Henderson, Nev., has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of $225 million of common stock.Desert Capital is proposing to offer 15 million shares of common stock at $15 per share. Offers will be made only by means of a prospectus, which can be obtained (when available) from the dealer-manager of the proposed offering, CMC Financial Services Inc., Henderson. The real estate investment trust can be found online at http://www.desertcapitalreit.com.

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