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$2.86 0.26 (10.00%)
7/23/2008 4:01 PM

CBRE Realty Finance, Inc. (CBF)

CAPS Rating:
*

A commercial real estate specialty finance company which is focused on originating and acquiring whole loans, bridge loans, subordinate interests in whole loans, commercial mortgage-backed securities and mezzanine loans.

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Avatar 45fool (< 20) Submitted: 10/05/07 2:07 PM : Outperform Start Price: $5.94 CBF Score: -34.16

CBRE's ability to meet Wachovia's $26.7M margin call in AUG, coupled with the Board's 3d QTR dividend call ($0.17/sh; 10.3% DIV Yield) indicate that the company is weathering the ongoing credit crisis in good form.





The current stock price fully reflects the 2 non-performing assets on their books and it seems that the liklihood of further defaults is low.





While the comercial realestate market will likely see very modest near-term growth, CBRE is well poised to leverage its relationship with CBRE/Melody and has the potential to significantly expand its loan origination business.





Finally, recent strong insider buying (as commented on by others) reinforces the view that CBRE is trading below full value and represents a significant buying opportunity at its current price (although I liked it even better below $6!)

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Avatar llyons37 (84.89) Submitted: 11/07/07 3:22 PM

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I still hold this personally and the only reason I'm considering selling is to take a loss for the year (and picking it up again after 30 days). Not to mention that it would quiet the lady down and if I did sell my 100 shares I'd have just a few peanuts. I really can't figure out what the hell is going on here.

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