The Rise and Fall of CBRE Really Finance CBRE Realty Finance went public in 2005 as a specialty finance company formed as a REIT for tax purposes. It was, essentially, a mortgage REIT with a broad mandate. Your assignment is to analyze the company's arc from initial capital formation {pre-IPO} to its ultimate delisting and name change. In discussing your broad analysis of what happened to this company, you should focus [though not exclusively} on: 1. Sources and uses of capital: Pre-IPU; IPO; during its life