Real Estate Asset Manager Plans IPO
Cohen & Steers, a real estate asset management firm, has filed for an initial public offering. Merrill Lynch will lead the offering. Yesterday’s initial filing did not detail the number of shares nor the price range for the offering.
Article Tools
Latest News
Most Popular Articles
advertisement
Cohen & Steers was founded in 1986 and focuses chiefly on real estate securities. It manages $7.59 billion worth of closed-end assets, up from $98 million in closed-end assets, according to SEC filing documents. Conversely, the firm’s open-end fund assets increased to $4.45 billion from $1.57 billion over the same period. The company’s shares will trade on the New York Stock Exchange under the symbol CNS.
Want to use this article? Click here for options!
© 2010 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus
Quick Poll
advertisement
NREI Interactive Products
-
Podcast
Commercial Real Estate: Hey, Save a Piece of Stimulus Pie for Me!
Following a year that saw the near meltdown of the banking system, 2010 could shape up to be a better year for investors, though perhaps not as robust as some would wish.
-
Podcast
Is the Recession Over?
Rick Mattoon, senior economist with the Federal Reserve Bank of Chicago, shares the latest numbers from the Fed's National Activity Index that show the economy is experiencing a fairly sharp rebound from the bottom of the Great Recession.
Webinars
2010: The Year of the Sale - Leaseback
This webinar provides brokers, bankers, developers, CFOs and real estate executives with a blueprint for accessing the many facets of the sale-leaseback model.
Blogs
-
Green Shoots
-
BlackSwan
-
Traffic Court
Current Issue
Marketplace Ads
advertisement
advertisement
advertisement
advertisement
